Company Valuation: KAPN FACI

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 771 984 1,043 1,383 2,458 4,502
Change - 27.63% 6.03% 32.57% 77.74% 83.12%
Enterprise Value (EV) 1 1,238 1,440 1,827 2,248 3,419 6,110
Change - 16.32% 26.85% 23.08% 52.07% 78.7%
P/E 7.56x 15.3x 42.2x 27.3x 19.6x 25.2x
PBR 1.72x 1.93x 1.95x 2.36x 3.44x 5.07x
PEG - -0.4x -0.7x 0x 0x 0.6x
Capitalization / Revenue 0.36x 0.46x 0.38x 0.35x 0.47x 0.65x
EV / Revenue 0.58x 0.68x 0.67x 0.56x 0.66x 0.89x
EV / EBITDA 7.59x 9.15x 16.2x 17x 16.1x 20.9x
EV / EBIT 8.68x 10.9x 24.7x 21.4x 18.1x 23.1x
EV / FCF -5.03x 23.9x -6.01x -19x -27.6x -9.74x
FCF Yield -19.9% 4.19% -16.6% -5.26% -3.63% -10.3%
Dividend per Share 2 - 0.3333 - - - -
Rate of return - 1.03% - - - -
EPS 2 3.35 2.109 0.8128 1.666 4.131 5.86
Distribution rate - 15.8% - - - -
Net sales 1 2,134 2,130 2,722 3,990 5,201 6,894
EBITDA 1 163 157.3 112.6 132.3 212.8 292.3
EBIT 1 142.6 132.1 73.99 105.1 189.3 264.6
Net income 1 102 64.18 24.73 50.7 125.7 178.4
Net Debt 1 467.1 456.1 783.4 865.2 960.6 1,608
Reference price 2 25.33 32.33 34.28 45.45 80.78 147.93
Nbr of stocks (in thousands) 30,432 30,432 30,432 30,432 30,432 30,432
Announcement Date 9/8/20 8/27/21 8/30/22 9/1/23 12/24/25 12/24/25
1INR in Million2INR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
37.12x6.77x24.08x0.93% 81.49B
39.56x4.44x15.22x1.15% 20.69B
34.24x1.35x13.57x0.99% 16.85B
20.53x2.15x10.57x3.5% 14.64B
25.2x2.84x12.18x2.97% 12.05B
25.02x3.49x13.43x2.31% 7.93B
15.07x0.65x9.34x1.41% 6.88B
10.09x1.15x6.09x2.09% 6.07B
19.25x0.41x9.49x3.87% 5.46B
Average 25.12x 2.58x 12.66x 2.14% 19.12B
Weighted average by Cap. 31.93x 4.49x 17.82x 1.54%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA