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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
-288289.4%
-₹2,997.17
vs ₹1.04 price
Levered DCF
₹319.16
After debt service
Piotroski score
0 / 9
Weak
Altman Z-score
0.97
Distress zone
Rating
B-
Overall 3 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-0.64×-361.4×9.9×-12.07×-1.32×25.93×-85.1×118.47×
P/B0.02×0.26×0.23×0.2×0.27×0.11×0.38×0.43×
P/S0.03×0.24×1.13×3.11×3.49×1.46×25.68×7.6×
EV / EBITDA-36.9×763.11×7.66×-12.77×-1.41×126.37×-88.14×101.22×
Gross margin-0.8%2.7%4.9%61.5%51.6%24.6%-36.0%73.1%
Operating margin-2.5%-4.4%-14.4%-25.1%46.3%21.7%16.9%66.7%
Net margin-4.8%-0.1%11.4%-25.2%-264.3%5.6%-30.1%6.4%
Current ratio1.91×48.69×2.87×84.77×17.31×7.41×138.8×3.33×
Debt / equity0.7×0×0.03×0×0.02×0.11×0×0.04×
Interest coverage-1.17×-16,944.92×-29,153.11×-156.66×577.62×614.24×234.3×885.66×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-3.7%-0.1%2.3%-1.6%-20.4%0.4%-0.4%0.4%
Return on invested capital-1.1%-4.7%-1.9%-1.6%3.5%1.5%0.2%2.3%
Return on assets-1.9%-0.1%1.7%-1.6%-19.6%0.4%-0.3%0.3%
Free cash flow yield-1406.5%14.0%-11.4%12.8%10.9%-70.9%-140.5%127.5%
Earnings yield-157.3%-0.3%10.1%-8.1%-75.8%3.9%-1.2%0.8%
Enterprise value₹148.1M₹51.9M₹55M₹40.8M₹60.8M₹56.4M₹95.7M₹117.9M
Net debt / EBITDA-35.72×-32.76×0.99×0.11×-0.1×61.4×0.23×7.33×
Cash conversion cycle (days)7381973161,2402,4873,18314,091-33