XT Global Infotech Ltd. (XTGLOBAL.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

+86.5%

₹48.67

vs ₹26.10 price

Levered DCF

₹4.97

After debt service

Piotroski score

—

Altman Z-score

—

Rating

C-

Overall 1 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	30.96×	52.38×	58.44×	49.76×	31.22×
P/B	2.22×	2.52×	0×	0×	0×
P/S	1.23×	1.96×	3.08×	2.76×	2.86×
EV / EBITDA	18.09×	19.97×	0×	0×	0×
Gross margin	10.3%	16.6%	19.1%	15.7%	19.1%
Operating margin	5.4%	6.2%	6.8%	6.9%	10.7%
Net margin	4.0%	4.2%	5.4%	5.2%	9.3%
Current ratio	3.21×	2.5×	0×	0×	0×
Debt / equity	0.25×	0.19×	0×	0×	0×
Interest coverage	5.85×	4.56×	5.47×	3.77×	10.62×
Dividend yield	0.9%	0.0%	0.1%	0.0%	0.0%
Payout ratio	28.9%	0.0%	5.7%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	7.2%	5.4%	0.0%	0.0%	0.0%
Return on invested capital	6.4%	4.7%	0.0%	0.0%	0.0%
Return on assets	5.1%	4.0%	0.0%	0.0%	0.0%
Free cash flow yield	-1.1%	3.5%	0.0%	0.0%	0.0%
Earnings yield	3.2%	2.2%	1.7%	1.9%	3.3%
Enterprise value	₹4.9B	₹4.9B	₹0	₹0	₹0
Net debt / EBITDA	1.34×	1.1×	0×	0×	0×
Cash conversion cycle (days)	54	105	0	0	0