Company Valuation: Tarmat Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 328.3 576.6 862.1 1,608 1,897 1,080
Change - 75.61% 49.53% 86.53% 17.96% -43.07%
Enterprise Value (EV) 1 1,153 1,324 1,251 1,617 1,945 1,121
Change - 14.89% -5.53% 29.27% 20.24% -42.33%
P/E 4.53x 11.2x 27.9x 31.8x -175x 80.4x
PBR 0.55x 0.94x 1.01x 1.23x 1.46x 0.7x
PEG - -0.4x -0.6x 3.1x 1x -0x
Capitalization / Revenue 0.12x 0.29x 0.48x 1.12x 2.12x 1.07x
EV / Revenue 0.42x 0.68x 0.69x 1.13x 2.18x 1.11x
EV / EBITDA 10.3x 18.6x 17.1x 74.9x 78.3x 34.4x
EV / EBIT 11.2x 23x 20x 144x 119x 58.2x
EV / FCF -36.2x -16.9x -6.11x 31.1x -67.6x -1.87x
FCF Yield -2.76% -5.91% -16.4% 3.21% -1.48% -53.5%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 5.15 3.859 2.15 2.37 -0.51 0.63
Distribution rate - - - - - -
Net sales 1 2,764 1,958 1,810 1,437 893.5 1,013
EBITDA 1 111.4 71.32 73.23 21.58 24.84 32.59
EBIT 1 103.2 57.49 62.63 11.23 16.4 19.26
Net income 1 68.72 51.46 45.77 74.15 -11.32 18.69
Net Debt 1 824.3 747.7 389 9.12 47.6 41.49
Reference price 2 23.35 43.25 59.95 75.45 89.00 50.67
Nbr of stocks (in thousands) 14,061 13,331 14,381 21,314 21,314 21,314
Announcement Date 10/22/20 9/3/21 9/2/22 9/4/23 9/6/24 9/4/25
1INR in Million2INR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 14.48M
59.18x2.7x25.79x0.06% 102B
13.57x1.14x6.24x4.31% 78.86B
35.88x4.52x24.55x0.19% 61.1B
26.73x2.05x20.14x1.13% 57.58B
59.01x4.67x29.52x1.52% 47.63B
30.95x0.76x12.63x2% 38.66B
25.44x1.74x16.07x0.18% 36.76B
25.85x0.53x8.37x2.28% 35.4B
4.41x0.29x5.46x6.34% 27.57B
Average 31.22x 2.04x 16.53x 2% 48.55B
Weighted average by Cap. 34.63x 2.27x 17.94x 1.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. TARMAT Stock
  4. Valuation Tarmat Limited