Silverstorm Parks & Resorts IPO Review & Recommendations

Notes :

• P/E Ratio has been computed based on the closing market price of equity shares on National Stock Exchange of India Limited/BSE Limited on July 14, 2026, divided by the diluted EPS as at March 31, 2026 EV/ EBITDA ratio for the listed industry peers has been computed as the market capitalization of the industry peers based on the closing market price of equity shares on National Stock Exchange of India Limited (unless otherwise listed only on single stock exchange) on June 30, 2026, plus the net debt as on March 31, 2026, divided by EBITDA for the year ended March 31, 2026. EBITDA for listed industry peers for the year ended March 31, 2026, has been computed as profit after tax for the period minus other income plus finance costs, depreciation and amortisation and total tax expense, adjusted for exceptional items, if any. Net debt is calculated as total borrowings less total cash and cash equivalents as on March 31, 2026
• Return on Net Worth (%) = Profit for the year divided by the average net worth of the Company.
• Net asset value per equity share means net worth divided by the outstanding number of equity shares as at the end of the financial year/period
• Net worth of the Company means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of profit and loss account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation