Company Valuation: KAPN FACI

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 984 1,043 1,383 2,458 4,502 8,548
Change - 6.03% 32.57% 77.74% 83.12% 89.88%
Enterprise Value (EV) 1 1,440 1,827 2,248 3,419 6,110 10,248
Change - 26.85% 23.08% 52.07% 78.7% 67.74%
P/E 15.3x 42.2x 27.3x 19.6x 25.2x 30.4x
PBR 1.93x 1.95x 2.36x 3.44x 5.07x 7.35x
PEG - -0.7x 0x 0x 0.6x 0.5x
Capitalization / Revenue 0.46x 0.38x 0.35x 0.47x 0.65x 1.03x
EV / Revenue 0.68x 0.67x 0.56x 0.66x 0.89x 1.23x
EV / EBITDA 9.15x 16.2x 17x 16.1x 20.9x 24.8x
EV / EBIT 10.9x 24.7x 21.4x 18.1x 23.1x 25.7x
EV / FCF 23.9x -6.01x -19x -27.6x -9.74x -55.6x
FCF Yield 4.19% -16.6% -5.26% -3.63% -10.3% -1.8%
Dividend per Share 2 0.3333 - - - - -
Rate of return 1.03% - - - - -
EPS 2 2.109 0.8128 1.666 4.131 5.86 9.24
Distribution rate 15.8% - - - - -
Net sales 1 2,130 2,722 3,990 5,201 6,894 8,302
EBITDA 1 157.3 112.6 132.3 212.8 292.3 413.2
EBIT 1 132.1 73.99 105.1 189.3 264.6 398.8
Net income 1 64.18 24.73 50.7 125.7 178.4 281.3
Net Debt 1 456.1 783.4 865.2 960.6 1,608 1,700
Reference price 2 32.33 34.28 45.45 80.78 147.93 280.90
Nbr of stocks (in thousands) 30,432 30,432 30,432 30,432 30,432 30,432
Announcement Date 8/27/21 8/30/22 9/1/23 12/24/25 12/24/25 9/2/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.69x6.69x23.76x0.94% 80.63B
37.35x1.25x13.41x1% 16.6B
20.46x2.09x10.28x3.6% 14.34B
25.44x2.84x12.16x2.93% 12.14B
23.67x3.33x12.83x2.43% 7.66B
14.97x0.64x9.02x1.43% 6.71B
9.9x1.17x6.24x2.12% 5.9B
20.75x2.24x10.55x-.--% 5.35B
18.67x0.4x9.31x3.99% 5.25B
Average 23.10x 2.29x 11.95x 2.05% 17.18B
Weighted average by Cap. 30.60x 4.37x 17.69x 1.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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