Vinny Overseas Limited (VINNY.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

+403.4%

₹5.29

vs ₹1.05 price

Levered DCF

-₹2.45

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	48.5×	11.09×	19.6×	73.5×	-18.14×	149.41×	149.41×	23.09×
P/B	0.54×	0.69×	2.22×	6.36×	3.28×	1.96×	1.98×	2.43×
P/S	0.36×	0.47×	0.62×	1.68×	0.76×	0.43×	0.37×	0.35×
EV / EBITDA	6.23×	4.19×	7.91×	22.82×	-56.35×	16.86×	16.01×	12.54×
Gross margin	36.9%	47.7%	15.0%	7.1%	2.8%	6.9%	20.2%	6.3%
Operating margin	-0.5%	0.8%	4.6%	4.0%	-4.2%	1.6%	1.7%	2.8%
Net margin	0.7%	4.2%	3.2%	2.3%	-4.1%	0.3%	0.2%	1.6%
Current ratio	1.91×	3.31×	1.15×	1.47×	1.53×	1.62×	1.63×	1.49×
Debt / equity	0.2×	0.05×	0.5×	0.64×	0.58×	0.79×	0.97×	0.97×
Interest coverage	-0.69×	1.05×	3.11×	3.68×	-2.92×	1.09×	1.22×	2.24×
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	1.1%	6.3%	11.3%	8.7%	-17.7%	1.3%	1.3%	11.0%
Return on invested capital	-0.4%	0.8%	8.8%	6.6%	-8.5%	4.1%	3.2%	9.3%
Return on assets	0.7%	4.9%	5.4%	3.8%	-7.9%	0.5%	0.5%	3.5%
Free cash flow yield	-6.2%	-43.6%	7.1%	-0.7%	12.6%	10.6%	2.2%	-21.9%
Earnings yield	2.1%	9.1%	5.1%	1.4%	-5.4%	0.7%	0.7%	4.5%
Enterprise value	₹515.2M	₹551.3M	₹850.8M	₹1.9B	₹981.1M	₹823.8M	₹871.3M	₹993M
Net debt / EBITDA	0.82×	-0.12×	1.45×	2.07×	-8.41×	4.85×	5.24×	3.56×
Cash conversion cycle (days)	39	8	47	69	57	82	73	58