Uniparts India Limited (UNIPARTS.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-16.5%

₹613.74

vs ₹735.20 price

Levered DCF

₹594.02

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	12.63×	16.68×	19.14×	11.64×	14.14×	26.1×	37.92×	33.98×
P/B	2.3×	1.66×	2.75×	2.87×	3.48×	4.25×	5.13×	5.78×
P/S	1.71×	1.52×	2.11×	1.76×	1.94×	2.67×	2.72×	2.29×
EV / EBITDA	8.52×	9.32×	13.4×	7.69×	9.32×	15.45×	26.87×	20.46×
Gross margin	41.0%	34.7%	21.0%	28.1%	28.7%	18.5%	17.3%	20.7%
Operating margin	17.3%	10.5%	12.6%	17.9%	17.2%	8.6%	7.3%	8.7%
Net margin	13.5%	9.1%	11.0%	15.1%	13.8%	10.2%	7.2%	6.7%
Current ratio	3.08×	3.76×	4.11×	4.95×	2.48×	2.16×	1.57×	1.42×
Debt / equity	0.18×	0.14×	0.12×	0.07×	0.23×	0.29×	0.65×	0.84×
Interest coverage	19.33×	12.24×	25.3×	40.77×	37.01×	9.49×	3.55×	5.29×
Dividend yield	8.5%	4.4%	3.8%	2.3%	1.7%	0.0%	0.3%	0.2%
Payout ratio	107.6%	73.1%	72.4%	26.3%	24.0%	0.0%	10.4%	7.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	18.2%	9.9%	14.4%	24.7%	24.6%	16.3%	13.5%	17.0%
Return on invested capital	14.5%	7.5%	10.8%	20.0%	17.5%	7.7%	6.7%	8.4%
Return on assets	12.6%	7.5%	11.0%	19.4%	16.4%	10.2%	7.0%	7.6%
Free cash flow yield	7.5%	10.3%	6.9%	9.3%	2.1%	5.7%	2.6%	-3.3%
Earnings yield	7.9%	6.0%	5.2%	8.6%	7.1%	3.8%	2.6%	2.9%
Enterprise value	₹21.1B	₹15.6B	₹24.7B	₹24.1B	₹25.3B	₹25.3B	₹26.7B	₹27.2B
Net debt / EBITDA	0.43×	0.52×	0.45×	0.07×	0.53×	0.93×	2.87×	2.55×
Cash conversion cycle (days)	200	214	183	186	330	198	347	187