Company Valuation: Gold Rock Investments Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 6.803 7.856 8.657 8.657 8.657 9.089
Change - 15.47% 10.2% 0% 0% 4.99%
Enterprise Value (EV) 1 -289.6 -235.4 -326.7 -324 -344.9 -323.2
Change - 18.74% -38.78% 0.82% -6.46% 6.28%
P/E 0.13x 0.27x 0.61x 0.18x 0.34x 0.04x
PBR 0.01x 0.01x 0.01x 0.01x 0.01x 0.01x
PEG - -0x -0x 0x -0x 0x
Capitalization / Revenue 0.09x 0.15x 0.26x 0.22x 0.19x 0.04x
EV / Revenue -3.78x -4.4x -9.87x -8.41x -7.49x -1.28x
EV / EBITDA -4.47x -5.66x -13.9x -10.9x -9.66x -1.36x
EV / EBIT -4.58x -5.79x -14.5x -11.4x -10.2x -1.37x
EV / FCF -9.91x 4.73x -3.01x -13.8x -7.02x -2.22x
FCF Yield -10.1% 21.1% -33.2% -7.23% -14.2% -44.9%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 66.51 37.16 17.96 62.76 32.72 270.5
Distribution rate - - - - - -
Net sales 1 76.61 53.54 33.1 38.53 46.03 252.9
EBITDA 1 64.77 41.59 23.43 29.77 35.72 238
EBIT 1 63.26 40.66 22.57 28.44 33.87 236
Net income 1 52.25 29.2 14.12 49.33 25.71 212.6
Net Debt 1 -296.5 -243.2 -335.3 -332.6 -353.6 -332.3
Reference price 2 8.66 10.00 11.02 11.02 11.02 11.57
Nbr of stocks (in thousands) 786 786 786 786 786 786
Announcement Date 7/9/20 6/9/21 7/9/22 7/9/23 6/9/24 7/9/25
1INR in Million2INR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 101K
18.98x7.73x - 1.87% 355B
18.48x12.06x - 1.68% 337B
13.2x - - 1.73% 245B
16.08x - - 1.36% 164B
10.92x0.99x - 3.22% 58.68B
18.41x6.13x - 3% 28.13B
11.34x7.52x - 3.58% 26.47B
9.84x7.31x - 3.22% 25.58B
16.04x1.46x9.48x0.42% 24.35B
Average 14.81x 6.17x 9.48x 2.23% 126.46B
Weighted average by Cap. 16.56x 8.73x 9.48x 1.85%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Gold Rock Investments Limited
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