Tilaknagar Industries Limited (TI) fair value: what the stock is really worth
As of Nov 11, 2026: fair value (intrinsic value) of Tilaknagar Industries Limited stock ₹54.09, price ₹502, that is 89.2% below the price, quality 18 out of 100. Rating: strongly overvalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 11, 2026.
How to read this chart
60‑month range ₹38.43 – ₹601.50 · fair‑value band ₹17.90 – ₹62.99 · the ₹501.65 price screens above the ₹54.09 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 11, 2026.
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Tilaknagar Industries Ltd. engages in the manufacture and sale of Indian made foreign liquor and its related products in India.
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The company offers brandy under the Mansion House and Courier Napoleon brands; rum under the Madiraa brand; whisky under the Mansion House and Senate Royale brands; and gin under the Blue Lagoon brand, as well as extra neutral alcohol and cocktails.
It also exports its products in Africa, the Middle East, East and South-East Asia, and Europe. The company was incorporated in 1933 and is based in Mumbai, India.
Stock analysis
Tilaknagar Industries Limited (TI) currently trades at ₹501.65, while our model-based Fair Value estimate is ₹54.09, 89% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ₹63.64 per share, and 0 of the 14 models we run sit above the ₹501.65 price.
Bear case: the Dividend Discount group reads lowest at ₹9.72, and 14 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹17.90 (bear) to ₹62.99 (bull), the price of ₹501.65 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 18/100 (below-average quality), in the Consumer Defensive sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Tilaknagar Industries Limited reported revenue of ₹23.5B in FY2026 versus ₹7.8B in FY2022, a compound +31.5%/yr. Reported net income was ₹209M in FY2026, compounding −17.6%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹109B (≈ $1.2B) Small · P/S ratio 3.19 · EPS (TTM) ₹−3.11 · Dividend yield 0.2% · Net margin −1.8% · Return on equity −2.7% · Return on assets (EBIT) 41.2% (5-year average) · Operating margin 9.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (low confidence).
What moves the price
The share trades about 17% below its 52-week high and 29% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at 18% fair-value upside, at −89%, TI screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹9.44 to ₹154.54). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear₹17.90Fair Value ₹54.09Bull₹62.99
Price ₹501.65 · Downside -89.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income₹62.69₹67.47₹74.1076
EPV₹21.74₹32.55₹41.3473
ROIC Compounder₹21.74₹32.55₹41.3471
All 14 models by family
Earnings-Based
Graham-Dodd₹5.72₹37.55₹52.5663
Lynch FV₹13.35₹19.06₹24.7861
PEG = 1.0₹13.35₹19.06₹24.7857
EPV₹21.74₹32.55₹41.3473
Dividend Discount
Gordon GGM₹5.93₹9.99₹13.0368
DDM Multi-Stage₹5.93₹9.44₹10.7467
Multiples
P/E Multiple₹13.26₹17.68₹22.1063
P/S Multiple₹10.73₹14.31₹17.8958
EV/EBIT₹96.33₹154.54₹212.7564
EV/EBITDA₹86.60₹141.56₹196.5266
EV/Revenue₹21.06₹63.64₹106.2249
Economic Profit
Residual Income₹62.69₹67.47₹74.1076
ROIC Compounder₹21.74₹32.55₹41.3471
Growth Earnings
Growth-Adj P/E₹15.32₹21.88₹28.4567
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+63.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+26.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+33.7%
Start year 2021 (pandemic). Over 10 years: +18.4% a year
Revenue growth 20 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+19.0%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
Compare Tilaknagar Industries Limited with another stock
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Beverages - Wineries & Distilleries · 92 stocks
P/B3.66× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)2.99× · Pricier than median
EV/EBITDA21.1× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 10
FUTURE (revenue growth)100· sector 0
PAST (return on equity)0· sector 16
HEALTH (low debt)66· sector 96
DIVIDEND (yield)4· sector 52
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Tilaknagar Industries Limited (TI) overvalued or undervalued?
As of Nov 11, 2026, our model estimates a fair value of ₹54.09 versus a price of ₹501.65, about 89% lower (overvalued).
What is the fair value of TI?
Our model-based fair value for Tilaknagar Industries Limited is ₹54.09 (as of Nov 11, 2026), built from audited fundamentals. The current price: ₹501.65.
What is the quality score of TI?
Tilaknagar Industries Limited has a Quality Score of 18/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Tilaknagar Industries Limited (TI)?
Our model-based price target is the fair value of ₹54.09 (as of Nov 11, 2026) from 14 valuation models. Cautious scenario ₹17.90, optimistic scenario ₹62.99. It is a calculation from audited fundamentals, not an analyst target.
What is the Tilaknagar Industries Limited stock forecast for 2026?
Our models put fair value at ₹54.09, about 89% lower versus a price of ₹501.65 (overvalued). Cautious scenario ₹17.90, optimistic scenario ₹62.99. The calculation is refreshed regularly with new filings.
What is the revenue of Tilaknagar Industries Limited (TI)?
Tilaknagar Industries Limited reported trailing-twelve-month revenue of about ₹36.5B (latest available figure, as of Nov 11, 2026).
Does Tilaknagar Industries Limited pay a dividend?
Tilaknagar Industries Limited currently shows a dividend yield of 0.20% relative to its recent price (as of Nov 11, 2026).
How much is the dividend of Tilaknagar Industries Limited (TI) and when is the ex-dividend date?
Tilaknagar Industries Limited pays a dividend of ₹1.00 per share a year, a dividend yield of 0.2%. The last ex-dividend date was Sep 15, 2026. A dividend has been paid every year since 2022. The payout ratio is 119% of earnings. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What is the intrinsic value of Tilaknagar Industries Limited (TI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tilaknagar Industries Limited it is ₹54.09 per share (as of Nov 11, 2026), against a price of ₹501.65. It is the blended result of 14 valuation models in 5 families (Earnings-Based, Dividend Discount, Multiples, Economic Profit, Growth Earnings).
Is Tilaknagar Industries Limited stock overvalued or undervalued in 2026?
As of Nov 11, 2026, TI trades above its calculated fair value: price ₹501.65, fair value ₹54.09, a gap of about −89% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TI?
No. The price is what the market pays today (₹501.65); the fair value is what the company's own numbers justify (₹54.09). For Tilaknagar Industries Limited the two are ₹447.56 per share apart. That gap is exactly why we show both numbers side by side.
How much is Tilaknagar Industries Limited worth?
The market values Tilaknagar Industries Limited at about ₹109B (market capitalisation, as of Nov 11, 2026). Per share that is ₹501.65; our models calculate a fair value of ₹54.09 per share.
What do the bullish and bearish scenarios say about TI?
Our models span a range for Tilaknagar Industries Limited: cautious scenario ₹17.90, base ₹54.09, optimistic ₹62.99 per share (as of Nov 11, 2026, price ₹501.65). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Tilaknagar Industries Limited (TI)?
Balance-sheet figures for Tilaknagar Industries Limited (as of Nov 11, 2026): return on equity −2.7%, debt of 0.68 per unit of equity. They feed the Quality Score of 18/100, which measures business quality independently of the share price.
How far is TI from its 52-week high?
Tilaknagar Industries Limited trades at ₹501.65, about 17% below its 52-week high of ₹601.50 and 29% above the low of ₹388.05 (as of Nov 11, 2026). Distance from the high says nothing about value: that is what the fair value of ₹54.09 is for.
Which stocks are comparable to Tilaknagar Industries Limited?
From the same area (Consumer Defensive) we also value Kweichow Moutai Co, Wuliangye Yibin Co, Shanxi Xinghuacun Fen Wine Factory Co, Pernod Ricard SA, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Tilaknagar Industries Limited stock attractive at the current price?
The data as of Nov 11, 2026: price ₹501.65, calculated fair value ₹54.09 (−89%), Quality Score 18/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TI calculated?
We run Tilaknagar Industries Limited through 14 models from 5 families: Earnings-Based, Dividend Discount, Multiples, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of ₹54.09 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0% above its aggregate fair value. Tilaknagar Industries Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Tilaknagar Industries Limited (TI)?
The closing price on Nov 11, 2026 was ₹501.65. Our model-based fair value is ₹54.09, about 89% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tilaknagar Industries Limited right now?
The price sits above even our optimistic bull case (₹62.99). The favourable scenario is already priced in. Weak quality (18/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (₹17.90 to ₹62.99). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Tilaknagar Industries Limited
How large is the market capitalisation of Tilaknagar Industries Limited (TI)?
The market capitalisation of Tilaknagar Industries Limited is ₹109B (≈ $1.2B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Tilaknagar Industries Limited (TI)?
The price-to-sales ratio of Tilaknagar Industries Limited is 3.19 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tilaknagar Industries Limited (TI)?
Earnings per share at Tilaknagar Industries Limited are ₹−3.11. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Tilaknagar Industries Limited (TI)?
The dividend yield of Tilaknagar Industries Limited is 0.2%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Tilaknagar Industries Limited (TI)?
The net margin of Tilaknagar Industries Limited is −1.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Tilaknagar Industries Limited (TI)?
The return on equity (ROE) of Tilaknagar Industries Limited is −2.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Tilaknagar Industries Limited (TI)?
On an EBIT basis the return on assets of Tilaknagar Industries Limited is 41.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Tilaknagar Industries Limited (TI)?
The operating margin of Tilaknagar Industries Limited is 9.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tilaknagar Industries Limited (TI)?
Revenue at Tilaknagar Industries Limited is growing +160% versus a year earlier (3y avg +26.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Tilaknagar Industries Limited (TI)?
Earnings per share at Tilaknagar Industries Limited are growing −66.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Tilaknagar Industries Limited (TI) generate?
The free cash flow of Tilaknagar Industries Limited is −₹7.4B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Tilaknagar Industries Limited (TI) carry?
The net debt of Tilaknagar Industries Limited is ₹19.4B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 11, 2026