Company Valuation: The Ruby Mills Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 2,740 5,391 5,051 6,151 6,247 6,763
Change - 96.74% -6.31% 21.78% 1.55% 8.27%
Enterprise Value (EV) 1 6,227 7,931 6,422 7,553 8,477 9,971
Change - 27.37% -19.03% 17.62% 12.24% 17.62%
P/E 10.6x 17.4x 14.3x 13.8x 14.8x 15.5x
PBR 0.55x 1.02x 0.9x 1.02x 0.98x 1x
PEG - 0.9x 1.1x 0.5x -2.96x 5.26x
Capitalization / Revenue 2.22x 2.71x 1.95x 2.6x 2.57x 1.88x
EV / Revenue 5.05x 3.99x 2.47x 3.19x 3.49x 2.78x
EV / EBITDA 16.6x 14.6x 12.6x 13.7x 18.9x 13.3x
EV / EBIT 20.8x 17.4x 15x 16x 24.9x 19.5x
EV / FCF 13.5x 74.3x -153x -5.82x 9.39x -13.1x
FCF Yield 7.43% 1.35% -0.66% -17.2% 10.6% -7.64%
Dividend per Share 2 0.375 1.5 1.25 1.75 1.75 2.5
Rate of return 0.46% 0.93% 0.83% 0.95% 0.94% 1.24%
EPS 2 7.73 9.284 10.53 13.32 12.65 13.03
Distribution rate 4.85% 16.2% 11.9% 13.1% 13.8% 19.2%
Net sales 1 1,233 1,990 2,597 2,370 2,427 3,589
EBITDA 1 375.5 542.9 511.2 550.7 448.1 751.6
EBIT 1 299.4 455.8 429 471.8 341 512.4
Net income 1 258.5 310.5 352.3 445.4 423.1 435.6
Net Debt 1 3,487 2,540 1,371 1,402 2,231 3,208
Reference price 2 81.95 161.22 151.05 183.95 186.80 202.25
Nbr of stocks (in thousands) 33,440 33,440 33,440 33,440 33,440 33,440
Announcement Date 9/3/21 9/1/22 9/5/23 8/29/24 8/18/25 9/2/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 159M
14.09x1.51x9.77x1.18% 1.72B
11.32x - - 7.67% 1.59B
11.1x - - 2.72% 1.22B
27.5x - - - 948M
9.81x - - 5.1% 860M
4x - - 6% 672M
Average 12.97x 1.51x 9.77x 4.53% 1.02B
Weighted average by Cap. 13.27x 1.51x 9.77x 4.28%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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