Company Valuation: IST Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 4,432 5,429 4,866 10,758 9,465 6,120
Change - 22.49% -10.38% 121.1% -12.01% -35.34%
Enterprise Value (EV) 1 4,275 5,095 4,489 10,299 8,893 5,270
Change - 19.18% -11.91% 129.44% -13.65% -40.74%
P/E 4.63x 5.62x 5.95x 8.54x 6.76x 3.99x
PBR 0.48x 0.53x 0.44x 0.82x 0.64x 0.36x
PEG - 6.44x -0.4x 0.2x 0.6x 0.41x
Capitalization / Revenue 3.25x 4.34x 4x 9.75x 8.18x 4.82x
EV / Revenue 3.13x 4.07x 3.69x 9.34x 7.68x 4.15x
EV / EBITDA 4.12x 5.54x 5.11x 11x 9.78x 5.75x
EV / EBIT 4.28x 5.79x 5.32x 11.5x 10.2x 6.03x
EV / FCF 7.32x 18.9x 5.27x -123x 16.5x 5.79x
FCF Yield 13.7% 5.29% 19% -0.81% 6.06% 17.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 82.07 82.79 70.07 108 120 131.6
Distribution rate - - - - - -
Net sales 1 1,365 1,252 1,217 1,103 1,157 1,269
EBITDA 1 1,037 919.2 877.7 932.3 909 915.9
EBIT 1 997.9 880.3 843.2 895.9 871 874.3
Net income 1 957.3 965.7 817.3 1,260 1,399 1,535
Net Debt 1 -157 -333.6 -377 -459.1 -572.1 -849.7
Reference price 2 380.00 465.45 417.15 922.30 811.50 524.70
Nbr of stocks (in thousands) 11,664 11,664 11,664 11,664 11,664 11,664
Announcement Date 9/8/21 9/6/22 9/4/23 8/31/24 9/3/25 9/5/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 75.36M
18.35x2x10.98x1.6% 71.88B
17.79x1.22x9.42x2.1% 40.8B
12.03x0.57x4.98x3.93% 29.59B
12.75x0.53x3.84x4.53% 27.73B
7.96x0.47x6.01x1.9% 24.28B
14.89x2.69x9.25x4.09% 20.91B
20.32x0.89x10.68x3.26% 17.95B
29.18x1.16x12.27x0.63% 17.55B
10.55x0.49x4.83x3.02% 17.4B
Average 15.98x 1.11x 8.03x 2.78% 26.82B
Weighted average by Cap. 16.11x 1.26x 8.42x 2.6%

Y-o-Y evolution of P/E

Valuation ratios - P/E - IST Limited

Historical PBR trend

Valuation ratios - PBR - IST Limited

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - IST Limited

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - IST Limited