Company Valuation: TIL Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 1,523 1,024 1,465 2,865 15,612 11,507
Change - -32.77% 43.12% 95.56% 444.97% -26.3%
Enterprise Value (EV) 1 4,905 5,088 5,552 4,493 18,381 15,186
Change - 3.73% 9.13% -19.08% 309.14% -17.38%
P/E -2.22x -0.24x -1.61x 0.74x 542x -35.7x
PBR 0.66x -0.51x -0.5x 9.07x 19x 10.4x
PEG - -0x 0x -0x -5.4x 0x
Capitalization / Revenue 0.49x 1.55x 3.34x 4.28x 4.95x 3.56x
EV / Revenue 1.57x 7.68x 12.7x 6.71x 5.83x 4.7x
EV / EBITDA -13.8x -4.44x -11.2x -6.47x 50.5x 87.3x
EV / EBIT -10.7x -4.12x -9.64x -5.91x 61.1x 142x
EV / FCF -4.85x 2x 18.8x -5.88x -11.1x -12.3x
FCF Yield -20.6% 50.1% 5.31% -17% -9.04% -8.11%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -68.27 -429.9 -90.75 222.3 0.4322 -4.576
Distribution rate - - - - - -
Net sales 1 3,132 662.4 438.3 669.1 3,153 3,232
EBITDA 1 -355.1 -1,147 -495.9 -693.9 364 173.9
EBIT 1 -456.3 -1,236 -576.2 -760.8 300.7 107.2
Net income 1 -684.8 -4,312 -910.2 2,539 28.6 -307.7
Net Debt 1 3,382 4,064 4,087 1,628 2,769 3,679
Reference price 2 151.80 102.05 146.05 163.45 234.41 163.56
Nbr of stocks (in thousands) 10,030 10,030 10,030 17,527 66,602 70,352
Announcement Date 8/17/21 11/28/22 9/4/23 8/16/24 8/14/25 5/28/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 223M
18.74x1.74x14.24x2.91% 59B
15.98x1.61x9.17x2.79% 39.48B
11.44x1.07x10.61x4.53% 36.86B
32.09x4.65x18.6x1.56% 30.4B
23.68x2.21x11.98x2% 19.41B
11.09x1.5x9.03x1.98% 19.56B
25.16x2.79x15x2.38% 16.78B
32.01x1.05x18.55x1.14% 17.02B
10.13x - - 0.69% 16.83B
Average 20.04x 2.08x 13.40x 2.22% 25.56B
Weighted average by Cap. 19.38x 2.03x 13.14x 2.52%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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