Company Valuation: Subros Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 21,384 19,577 33,596 36,539 41,405 47,152 - -
Change - -8.45% 71.61% 8.76% 13.32% 13.88% - -
Enterprise Value (EV) 1 21,384 19,577 33,596 36,539 41,325 46,452 44,652 47,152
Change - -8.45% 71.61% 8.76% 13.1% 12.41% -3.87% 5.6%
P/E 65.6x 40.7x 34.4x 24.3x 25x 26.7x 19.7x 14.8x
PBR 2.6x 2.26x 3.52x 3.34x 3.33x 3.38x 2.9x 2.48x
PEG - 0.9x 0x 0.5x 2.5x 4.15x 0.6x 0.4x
Capitalization / Revenue 0.96x 0.7x 1.09x 1.09x 1.1x 1.11x 0.97x 0.87x
EV / Revenue 0.96x 0.7x 1.09x 1.09x 1.1x 1.09x 0.92x 0.87x
EV / EBITDA 14.4x 11.7x 13.2x 11.3x 12.7x 13x 9.81x 8.48x
EV / EBIT 46.1x 34.2x 24.4x 18.8x 20.7x 23.3x 16.8x 12.7x
EV / FCF 47.7x 64.8x 74.2x 64.2x -93.4x 61.5x 28x -
FCF Yield 2.1% 1.54% 1.35% 1.56% -1.07% 1.63% 3.57% -
Dividend per Share 2 0.7 1 1.8 2.6 - - - -
Rate of return 0.21% 0.33% 0.35% 0.46% - - - -
EPS 2 5 7.37 14.97 23.05 25.4 27.03 36.7 48.9
Distribution rate 14% 13.6% 12% 11.3% - - - -
Net sales 1 22,386 28,063 30,706 33,676 37,555 42,468 48,488 54,039
EBITDA 1 1,487 1,675 2,542 3,223 3,243 3,574 4,552 5,560
EBIT 1 463.8 572.2 1,377 1,942 1,994 1,993 2,662 3,719
Net income 1 325.9 480.8 976.6 1,504 1,658 1,766 2,394 3,193
Net Debt 1 - - - - -79.8 -700 -2,500 -
Reference price 2 327.80 300.10 515.00 560.10 634.70 722.80 722.80 722.80
Nbr of stocks (in thousands) 65,236 65,236 65,236 65,236 65,236 65,236 - -
Announcement Date 24/05/22 25/05/23 23/05/24 22/05/25 18/05/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.12x1.31x10.09x1.94% 43.83B
14.06x0.65x4.7x4.11% 32.16B
12.24x0.58x5.1x3.82% 30.65B
7.9x0.47x5.98x1.91% 23.94B
14.09x2.56x8.8x4.33% 19.88B
30.73x1.21x12.83x0.6% 18.2B
10.44x0.49x4.79x3.04% 17.26B
13.16x1.35x6.98x4.18% 15.73B
47.27x5.17x36.12x0.76% 14.8B
Average 18.78x 1.53x 10.60x 2.74% 24.05B
Weighted average by Cap. 17.47x 1.32x 9.37x 2.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA