Company Valuation: Patel Integrated Logistics Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 423.1 470.3 821.1 1,293 929 573.4
Change - 11.15% 74.6% 57.47% -28.15% -38.28%
Enterprise Value (EV) 1 741 690.1 854.5 1,170 740.2 330.5
Change - -6.87% 23.83% 36.97% -36.77% -55.35%
P/E 542x 22.9x 14.9x 23.3x 11.8x 5.98x
PBR 0.36x 0.4x 0.61x 1.08x 0.76x 0.46x
PEG - 0x 0.5x 1.5x 0.4x 0.3x
Capitalization / Revenue 0.2x 0.2x 0.3x 0.45x 0.27x 0.16x
EV / Revenue 0.35x 0.29x 0.31x 0.4x 0.22x 0.09x
EV / EBITDA 14.5x 9.8x 8.3x 13x 8.55x 3.24x
EV / EBIT 26.4x 15.6x 11.5x 18.6x 12x 4.26x
EV / FCF 16.3x 12.4x 4.17x 12.8x 9.7x 4.1x
FCF Yield 6.15% 8.08% 24% 7.83% 10.3% 24.4%
Dividend per Share 2 0.1 0.1 0.1 0.1 0.3 0.2
Rate of return 0.62% 0.77% 0.91% 0.5% 2.25% 2.43%
EPS 2 0.03 0.57 0.74 0.8575 1.13 1.378
Distribution rate 333% 17.5% 13.5% 11.7% 26.5% 14.5%
Net sales 1 2,122 2,340 2,783 2,905 3,427 3,572
EBITDA 1 51.26 70.43 103 90.17 86.61 102
EBIT 1 28.06 44.32 74.08 62.94 61.66 77.61
Net income 1 0.5494 22.73 48.97 55.38 76 95.9
Net Debt 1 318 219.8 33.43 -122.5 -188.8 -242.9
Reference price 2 16.25 13.05 11.01 20.02 13.35 8.24
Nbr of stocks (in thousands) 26,036 36,036 74,579 64,586 69,586 69,586
Announcement Date 7/10/21 8/1/22 8/11/23 7/25/24 8/13/25 8/28/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.72M
16.62x1.15x8.41x6.53% 85.32B
15.18x0.92x8.06x1.79% 73.84B
15.88x0.96x7.06x3.61% 70.71B
24.95x1.86x17.67x0.82% 25.04B
19.54x0.75x8.13x-.--% 11.49B
35.63x2.51x9.65x-.--% 9.03B
8.24x0.35x5.16x6.56% 6.19B
14.05x0.65x7.39x3.66% 5.73B
27.95x0.51x7.53x-.--% 5.26B
Average 19.78x 1.07x 8.78x 2.55% 29.26B
Weighted average by Cap. 17.47x 1.09x 8.71x 3.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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