Company Valuation: Cochin Minerals and Rutile Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 761.1 896.1 829.6 2,147 2,108 1,998
Change - 17.75% -7.43% 158.85% -1.84% -5.22%
Enterprise Value (EV) 1 725.1 971.6 828.2 1,696 1,978 1,885
Change - 33.99% -14.76% 104.74% 16.63% -4.68%
P/E 12.7x 11.1x 13.4x 3.81x 24.5x 8.48x
PBR 0.98x 1.05x 0.91x 1.47x 1.42x 1.21x
PEG - 0.3x -0.6x 0x -0.3x 0x
Capitalization / Revenue 0.29x 0.37x 0.29x 0.48x 0.7x 0.63x
EV / Revenue 0.28x 0.41x 0.29x 0.38x 0.66x 0.59x
EV / EBITDA 3.38x 4.79x 8.88x 2.17x 5.03x 5.22x
EV / EBIT 3.47x 5.08x 9.97x 2.2x 5.14x 5.39x
EV / FCF 2.11x -6.26x 13.5x 10.6x -17.5x 109x
FCF Yield 47.4% -16% 7.38% 9.45% -5.72% 0.92%
Dividend per Share 2 2 - 1.5 8 8 8
Rate of return 2.06% - 1.42% 2.92% 2.97% 3.14%
EPS 2 7.646 10.36 7.93 72.07 10.98 30.09
Distribution rate 26.2% - 18.9% 11.1% 72.9% 26.6%
Net sales 1 2,636 2,392 2,898 4,439 3,004 3,191
EBITDA 1 214.6 202.9 93.31 779.8 393.2 360.8
EBIT 1 208.9 191.3 83.03 770.4 384.7 349.4
Net income 1 59.87 81.09 62.11 564.3 85.95 235.6
Net Debt 1 -35.96 75.46 -1.402 -451.7 -130.2 -112.8
Reference price 2 97.20 114.45 105.95 274.25 269.20 255.15
Nbr of stocks (in thousands) 7,830 7,830 7,830 7,830 7,830 7,830
Announcement Date 07/09/20 11/08/21 10/08/22 23/08/23 02/08/24 16/07/25
1INR in Million2INR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 2.04Cr
28.09x4.33x13.96x2.03% 13TCr
20.74x6.05x41.77x1.9% 5.6TCr
51.99x1.39x8.79x6.04% 4.15TCr
11.89x1.16x6.62x2.57% 3.24TCr
9.97x2.95x7.31x4.43% 2.37TCr
6.24x0.8x5.26x4.76% 1.87TCr
30.66x2.47x13.98x0.41% 1.78TCr
98.34x17.03x64.07x0.06% 1.72TCr
19.47x - - 2.04% 1.68TCr
Average 30.82x 4.52x 20.22x 2.69% 3.51TCr
Weighted average by Cap. 29.02x 4.20x 18.88x 2.66%

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 Cochin Minerals and Rutile Limited