Company Valuation: Amal Ltd

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 3,604 3,883 2,243 4,360 8,272 5,108
Change - 7.74% -42.22% 94.35% 89.73% -38.25%
Enterprise Value (EV) 1 3,464 4,392 2,562 4,585 8,045 4,725
Change - 26.8% -41.66% 78.93% 75.47% -41.27%
P/E 41x 350x -10.6x 287x 28.2x 22.8x
PBR 10.5x 11x 3.28x 6.24x 8.34x 4.24x
PEG - -4x 0x -3x 0x -1x
Capitalization / Revenue 11.8x 8.93x 3.66x 5.06x 6.11x 2.13x
EV / Revenue 11.4x 10.1x 4.18x 5.33x 5.95x 1.97x
EV / EBITDA 30.8x 111x -45.7x 29.8x 18.5x 13.3x
EV / EBIT 33.6x 195x -20.8x 72.4x 23.3x 17.9x
EV / FCF 72.6x -7.01x -12.9x 220x 23.4x 48.8x
FCF Yield 1.38% -14.3% -7.73% 0.45% 4.26% 2.05%
Dividend per Share 2 - - - - 1 1.5
Rate of return - - - - 0.15% 0.36%
EPS 2 9.334 1.177 -17.05 1.228 23.69 18.11
Distribution rate - - - - 4.22% 8.28%
Net sales 1 304.2 434.8 613.2 860.9 1,353 2,396
EBITDA 1 112.5 39.49 -56.05 153.6 435.1 355.1
EBIT 1 103 22.55 -123 63.33 344.7 263.6
Net income 1 87.98 11.09 -161 17.05 292.9 223.8
Net Debt 1 -140 509.3 319.2 225.3 -226.4 -382.2
Reference price 2 382.35 411.95 181.45 352.65 669.10 413.15
Nbr of stocks (in thousands) 9,425 9,425 12,363 12,363 12,363 12,363
Announcement Date 8/25/21 7/29/22 8/14/23 8/13/24 8/6/25 7/22/26
1INR in Million2INR
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 119M
29.74x6.82x17.45x1.32% 225B
27.28x4.23x13.62x2.14% 120B
28.72x3.51x17.96x1% 77.28B
21.99x7.08x34.98x3.09% 75.2B
83.78x6.28x14.59x2.55% 63.21B
85.78x1.26x8.56x6.06% 36.5B
11.03x1.17x6.36x3% 32.36B
9.09x3.04x7.14x4.65% 24.52B
42.73x5.44x28.95x1.34% 23.39B
Average 37.79x 4.31x 16.62x 2.79% 67.72B
Weighted average by Cap. 35.20x 5.21x 17.52x 2.2%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Amal Ltd

Historical PBR trend

Valuation ratios - PBR - Amal Ltd

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Amal Ltd

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Amal Ltd