Uniroyal Marine Exports Limited (UNRYLMA.BO) 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

-351.0%

-₹42.90

vs ₹17.09 price

Levered DCF

₹11.15

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

1.23

Distress zone

Rating

D+

Overall 1 / 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	36.37×	163.6×	-2.7×	-9.63×	45.48×	-13.73×	50.53×	14.27×
P/B	11.69×	24.15×	20.78×	1.62×	1.72×	1.7×	1.61×	1.49×
P/S	0.34×	0.37×	0.44×	0.18×	0.24×	0.18×	0.16×	0.13×
EV / EBITDA	15.47×	11.52×	-25.45×	12.37×	11.05×	25.24×	11.45×	8.81×
Gross margin	32.4%	35.3%	18.1%	31.5%	31.4%	19.1%	13.9%	23.6%
Operating margin	5.2%	4.4%	-9.6%	2.7%	30.2%	1.8%	3.4%	4.1%
Net margin	0.9%	0.2%	-16.2%	-1.9%	0.5%	-1.3%	0.3%	0.9%
Current ratio	1.04×	1.06×	1.18×	1.16×	1.17×	1.07×	1.08×	1.06×
Debt / equity	19.92×	33.62×	41.35×	4.09×	3.39×	5.08×	3.59×	3.71×
Interest coverage	1.13×	0.83×	-1.07×	0.53×	8.55×	0.77×	1.33×	1.37×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	32.2%	15.4%	-766.2%	-16.8%	3.9%	-12.5%	3.1%	10.5%
Return on invested capital	7.3%	7.7%	-9.9%	4.4%	46.8%	2.7%	7.5%	9.3%
Return on assets	1.2%	0.4%	-14.9%	-2.7%	0.7%	-1.4%	0.5%	1.7%
Free cash flow yield	-4.9%	13.1%	-3.1%	7.2%	46.9%	21.0%	26.2%	47.1%
Earnings yield	2.8%	0.6%	-36.9%	-10.4%	2.2%	-7.3%	2.0%	7.0%
Enterprise value	₹261.2M	₹246M	₹213.2M	₹172.6M	₹176.2M	₹228.4M	₹196.3M	₹194.9M
Net debt / EBITDA	9.75×	6.55×	-16.54×	8.75×	7.17×	18.76×	7.82×	6.22×
Cash conversion cycle (days)	243	246	341	244	253	220	140	146