Company Valuation: Kartik Investments Trust Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 169.3 146.4 145.2 183 240.8 577.8
Change - -13.54% -0.83% 26.05% 31.6% 139.92%
Enterprise Value (EV) 1 163.3 140.9 139.8 177.5 235.5 519.7
Change - -13.71% -0.81% 26.97% 32.73% 120.63%
P/E -1,045x -342x -600x -3,261x -931x 11.3x
PBR 5.18x 4.32x 3.61x 4.09x 5.74x 6.86x
PEG - -2x 13.8x 42.5x -3x -0x
Capitalization / Revenue 281x 412x 274x 247x 407x 9.53x
EV / Revenue 271x 397x 264x 239x 399x 8.57x
EV / EBITDA - - - - - -
EV / EBIT -1,060x -329x -568x -3,060x -906x 8.71x
EV / FCF -1,987x -391x -13,002x -4,302x -1,458x 14x
FCF Yield -0.05% -0.26% -0.01% -0.02% -0.07% 7.16%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.6644 -1.754 -0.9918 -0.23 -1.06 209
Distribution rate - - - - - -
Net sales 1 0.6025 0.355 0.53 0.741 0.591 60.63
EBITDA - - - - - -
EBIT 1 -0.1541 -0.428 -0.246 -0.058 -0.26 59.65
Net income 1 -0.1621 -0.428 -0.242 -0.056 -0.258 50.99
Net Debt 1 -6.047 -5.493 -5.41 -5.533 -5.282 -58.12
Reference price 2 694.00 600.00 595.00 750.00 987.00 2,368.00
Nbr of stocks (in thousands) 244 244 244 244 244 244
Announcement Date 02/08/21 04/08/22 11/07/23 05/07/24 11/07/25 21/08/26
1INR in Million2INR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 19.1M
19.34x5.5x11.77x2.16% 164B
13.78x3.38x - 2.56% 147B
16.22x7.3x - 1.54% 101B
20.22x11.39x16.52x4.44% 72.35B
13.44x5.21x - 1.95% 49.43B
11.03x1.64x5.04x1.33% 44.41B
5.12x5.3x3.81x3.57% 35.27B
13.64x5.06x15.79x1.93% 31.83B
Average 14.10x 5.60x 10.59x 2.43% 71.8B
Weighted average by Cap. 15.60x 5.64x 11.46x 2.4%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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