Company Valuation: Subros Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 20,112 21,384 19,577 33,596 36,539 53,956 - -
Change - 6.33% -8.45% 71.61% 8.76% 47.67% - -
Enterprise Value (EV) 1 20,112 21,384 19,577 33,596 36,539 41,325 53,256 51,456
Change - 6.33% -8.45% 71.61% 8.76% 13.1% -2.2% -3.38%
P/E 43.1x 65.6x 40.7x 34.4x 24.3x 25x 29.9x 21.9x
PBR 2.53x 2.6x 2.26x 3.52x 3.34x 3.33x 3.85x 3.29x
PEG - -2.2x 0.9x 0x 0.5x 2.5x 3.32x 0.6x
Capitalization / Revenue 1.11x 0.96x 0.7x 1.09x 1.09x 1.1x 1.27x 1.11x
EV / Revenue 1.11x 0.96x 0.7x 1.09x 1.09x 1.1x 1.25x 1.06x
EV / EBITDA 13.1x 14.4x 11.7x 13.2x 11.3x 12.7x 14.3x 10.9x
EV / EBIT 32.6x 46.1x 34.2x 24.4x 18.8x 20.7x 28.2x 19.3x
EV / FCF 13.9x 47.7x 64.8x 74.2x 64.2x -93.4x 56.2x 28.3x
FCF Yield 7.2% 2.1% 1.54% 1.35% 1.56% -1.07% 1.78% 3.53%
Dividend per Share 2 0.7 0.7 1 1.8 2.6 - - -
Rate of return 0.23% 0.21% 0.33% 0.35% 0.46% - - -
EPS 2 7.16 5 7.37 14.97 23.05 25.4 27.63 37.8
Distribution rate 9.78% 14% 13.6% 12% 11.3% - - -
Net sales 1 18,060 22,386 28,063 30,706 33,676 37,555 42,468 48,488
EBITDA 1 1,538 1,487 1,675 2,542 3,223 3,243 3,713 4,700
EBIT 1 616.6 463.8 572.2 1,377 1,942 1,994 1,890 2,662
Net income 1 467 325.9 480.8 976.6 1,504 1,658 1,803 2,467
Net Debt 1 - - - - - -79.8 -700 -2,500
Reference price 2 308.30 327.80 300.10 515.00 560.10 827.10 827.10 827.10
Nbr of stocks (in thousands) 65,236 65,236 65,236 65,236 65,236 65,236 - -
Announcement Date 6/29/21 5/24/22 5/25/23 5/23/24 5/22/25 5/18/26 - -
1INR in Million2INR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.54x1.57x12.18x1.6% 49.82B
19.5x0.81x5.99x2.99% 38.53B
12.38x0.66x5.52x3.68% 33.03B
10.88x0.67x8.8x1.35% 29.97B
13.54x2.5x8.79x4.32% 20.06B
12.43x1.08x6.23x4.04% 16.98B
10.79x0.5x4.95x3.02% 17.86B
37.77x1.32x14.5x0.58% 16.07B
32.74x3.04x18.06x0.93% 15.49B
Average 19.29x 1.35x 9.45x 2.5% 26.42B
Weighted average by Cap. 18.71x 1.25x 9.11x 2.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA