Search companies

Find a company by ticker or name

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
+162.9%
₹519.35
vs ₹197.53 price
Levered DCF
₹637.19
After debt service
Piotroski score
6 / 9
Average
Altman Z-score
4.05
Safe zone
Rating
A+
Overall 4 / 5
Ratios by fiscal year

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

MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
P/E14.89×20.91×23.2×17.63×26.47×21.66×11.79×17.44×
P/B2.22×3.32×3.42×2.56×4.92×4.23×2.06×2.77×
P/S2.12×3.08×2.86×2.21×4.09×3.78×1.88×2.68×
EV / EBITDA9.58×13.17×13.89×11.14×17.64×13.3×7.41×10.95×
Gross margin29.2%30.7%29.6%28.7%29.7%31.7%28.5%29.5%
Operating margin16.2%16.9%14.9%14.9%17.2%19.9%17.3%17.1%
Net margin14.2%14.7%12.3%12.5%15.4%17.4%15.9%15.4%
Current ratio2.04×2.71×2.57×2.47×2.01×2.27×2.4×2.66×
Debt / equity0.23×0.23×0.22×0.22×0.27×0.19×0.17×0.18×
Interest coverage11.01×10.2×10.65×13.41×25.53×28.63×20.59×17.79×
Dividend yield5.9%2.3%0.2%1.6%0.2%0.2%0.6%0.3%
Payout ratio87.3%47.8%4.7%28.9%4.5%5.1%7.1%5.0%
Key metrics by fiscal year
MetricFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Return on equity14.9%15.9%14.7%14.5%18.6%19.5%17.4%15.8%
Return on invested capital9.6%10.3%10.2%10.3%12.6%14.0%12.4%11.3%
Return on assets9.3%10.2%9.6%9.7%11.3%13.0%11.9%10.8%
Free cash flow yield7.9%5.6%6.5%5.8%2.8%5.5%6.7%6.0%
Earnings yield6.7%4.8%4.3%5.7%3.8%4.6%8.5%5.7%
Enterprise value₹2.1T₹2.8T₹2.6T₹2.1T₹3.3T₹2.3T₹1.1T₹1.5T
Net debt / EBITDA0.45×0.33×0.36×0.44×0.38×-0.38×-0.32×-0.43×
Cash conversion cycle (days)8675738080707575