Valson Industries Limited (VALSONQ.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

+17.2%

₹45.69

vs ₹39.00 price

Levered DCF

₹4.05

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

—

Rating

Overall 2 / 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	44.44×	32.4×	23.94×	1,000×	-15.36×	-3.6×	25.54×	8.22×
P/B	0.76×	0.71×	0.87×	0.7×	0.7×	0.67×	0.57×	0.56×
P/S	0.19×	0.15×	0.19×	0.14×	0.16×	0.29×	0.2×	0.17×
EV / EBITDA	8.57×	7.34×	9.08×	7.64×	12.94×	-43.74×	6.33×	4.48×
Gross margin	15.9%	36.7%	18.8%	18.5%	17.1%	17.8%	6.3%	7.5%
Operating margin	1.0%	26.7%	1.1%	1.3%	-0.6%	-6.5%	1.0%	2.5%
Net margin	0.4%	0.5%	0.8%	0.0%	-1.0%	-7.9%	0.8%	2.1%
Current ratio	1.6×	1.51×	1.48×	1.28×	1.15×	1.17×	1.45×	1.34×
Debt / equity	0.5×	0.51×	0.63×	0.63×	0.61×	0.54×	0.38×	0.34×
Interest coverage	0.96×	25.59×	1×	1.23×	-0.55×	-3.36×	0.78×	2.89×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	4.3%	4.3%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	108.6%	34.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	1.7%	2.2%	3.6%	0.1%	-4.5%	-18.6%	2.2%	6.9%
Return on invested capital	2.4%	77.0%	3.0%	0.2%	-1.3%	-9.3%	1.9%	5.1%
Return on assets	0.9%	1.1%	1.8%	0.0%	-2.1%	-9.4%	1.3%	4.0%
Free cash flow yield	-1.3%	20.7%	-4.2%	8.5%	-7.6%	-2.6%	6.2%	-5.3%
Earnings yield	2.2%	3.1%	4.2%	0.1%	-6.5%	-27.8%	3.9%	12.2%
Enterprise value	₹346.4M	₹327.9M	₹395.2M	₹333.9M	₹338.4M	₹313.7M	₹300M	₹288.3M
Net debt / EBITDA	3.25×	2.95×	3.68×	3.52×	6.05×	-18.64×	2.53×	1.68×
Cash conversion cycle (days)	63	53	56	52	45	77	52	41