Vision Cinemas Limited (VISIONCINE.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

+3596.3%

₹39.92

vs ₹1.08 price

Levered DCF

₹32.24

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

3.03

Safe zone

Rating

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-6.33×	-83.46×	-119.87×	10.95×	-29.2×	-11.05×	-43.82×	-19.9×
P/B	0.1×	0.89×	1.51×	0.57×	1.14×	0.48×	0.48×	0.73×
P/S	0.93×	2.34×	8.13×	12.22×	0×	0×	5.65×	25.04×
EV / EBITDA	13.74×	197.2×	454.22×	14.17×	-92.99×	-53.76×	21.24×	91.85×
Gross margin	100.0%	100.0%	100.0%	100.0%	0.0%	0.0%	90.4%	75.6%
Operating margin	-19.9%	-2.7%	-7.4%	-26.1%	0.0%	0.0%	-34.4%	-119.4%
Net margin	-14.6%	-2.8%	-6.8%	111.6%	0.0%	0.0%	-12.9%	-125.9%
Current ratio	2.77×	2.76×	4.47×	3.4×	3.78×	3.07×	4.22×	1.13×
Debt / equity	0×	0×	0.03×	0×	0.08×	0.21×	0.05×	0.09×
Interest coverage	-1,772×	-854×	-1,163×	-116×	-7.4×	0×	-62.58×	-36.61×
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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-1.6%	-1.1%	-1.3%	5.2%	-3.9%	-4.3%	-1.1%	-3.7%
Return on invested capital	-1.9%	-1.0%	-1.2%	-1.2%	-3.2%	-3.9%	-2.6%	-2.9%
Return on assets	-1.1%	-0.7%	-1.0%	3.9%	-2.8%	-3.1%	-0.8%	-1.8%
Free cash flow yield	214.9%	-0.2%	-1.0%	0.1%	0.0%	0.0%	-148.7%	-0.2%
Earnings yield	-15.8%	-1.2%	-0.8%	9.1%	-3.4%	-9.1%	-2.3%	-5.0%
Enterprise value	-₹9.7M	₹74.9M	₹130.4M	₹48.4M	₹99.8M	₹58.2M	₹46.5M	₹72.5M
Net debt / EBITDA	25.45×	-0.36×	7.56×	-0.13×	-5.86×	-16.49×	1.84×	9.02×
Cash conversion cycle (days)	-666	-586	-328	7,513	-2,550	-2,131	-632	6,433