Company Valuation: SPRAYKINGPAR

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 42.04 68.85 82.17 749.9 2,207 710.2
Change - 63.77% 19.35% 812.6% 194.31% -67.82%
Enterprise Value (EV) 1 92.04 72.23 78.16 762.8 2,517 1,177
Change - -21.52% 8.21% 875.91% 230% -53.25%
P/E 147x 11.1x 23.8x 27.9x 34.6x 9.77x
PBR 0.52x 0.79x 0.9x 3.03x 7.47x 2.24x
PEG - 0x -0.5x 0x 0x 0.7x
Capitalization / Revenue 0.16x 0.37x 0.53x 3.88x 2.17x 0.54x
EV / Revenue 0.35x 0.39x 0.5x 3.95x 2.48x 0.9x
EV / EBITDA 9.32x 251x 16x 30.1x 16.3x 8.63x
EV / EBIT 17x -53.4x 16.7x 31.5x 18.7x 9.95x
EV / FCF 10.3x 5.12x 10.1x -4.85x -14.6x -7.95x
FCF Yield 9.72% 19.5% 9.88% -20.6% -6.85% -12.6%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.002699 0.0587 0.0327 0.1271 0.3015 0.344
Distribution rate - - - - - -
Net sales 1 261.8 186.6 156.2 193.3 1,017 1,313
EBITDA 1 9.876 0.2878 4.887 25.36 154.3 136.3
EBIT 1 5.428 -1.352 4.69 24.25 134.8 118.2
Net income 1 0.2901 6.204 3.468 17 89.16 72.72
Net Debt 1 50 3.379 -4.013 12.86 310.1 466.6
Reference price 2 0.397 0.651 0.777 3.548 10.442 3.360
Nbr of stocks (in thousands) 105,759 105,759 105,759 211,359 211,359 211,359
Announcement Date 9/30/20 9/9/21 8/31/22 8/28/23 9/6/24 8/26/25
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.35x10.07x15.5x1.99% 170B
24.42x3.65x8.69x0.82% 104B
12.77x1.49x6.09x2.79% 57.85B
20.72x3.86x12.76x0.85% 22.82B
34.69x - - 1.17% 21.13B
21.97x1.26x10.86x2% 18.6B
13.16x1.76x11.75x2.5% 19.03B
13.31x1.48x6.46x2.52% 16.32B
Average 20.92x 3.37x 10.30x 1.83% 53.76B
Weighted average by Cap. 22.90x 5.74x 11.54x 1.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA