Xpro India Limited (XPROINDIA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Xpro India Limited stock ₹126, price ₹1,099, that is 88.5% below the price, quality 27 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
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Xpro India Limited
XPROINDIA · NSEOur calculation puts a fair price 89% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range ₹159.79 – ₹1,632 · fair‑value band ₹88.45 – ₹164.26 · the ₹1,099 price screens above the ₹126.36 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Company profile
Xpro India Limited processes and sells polymers primarily in India.
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The company offers dielectric films for applications comprising power transmission and distribution, motor run, power film/electronic, magnetic lighting ballast, microwave oven, low voltage industrial power factor correction, AC and pulse film, interference suppression, and hybrid cars capacitors, as well as for energy storage applications.
It also provides specialty cast coextruded films, including hygiene films for use as diaper backing films, in sanitary napkins, in surgical drapes; release films for use in rubber, tire and tread, and conveyor belting industries; soft blister films for medical disposals packaging; and stretch wrap films for use in pallet stretch wrap and food bundle overwraps.
In addition, the company offers mono-layer and coextruded plastic sheets for use in refrigerator door and cabinet liners; luggage shells; automotive floorings, trims, and panels; disposable cups, as well as stationary containers for files and folders; and industrial thermoforming applications, such as furniture, packaging, and bathroom cabinets.
Further, it provides thermoformed liners for use in refrigerator inner and door liners; automotive interior and exterior trims, dash boards, door panels, floor panels; furniture; luggage shells; sanitary products, bath-tubs, cabinets; electrical/electronic housings, tubelight panels, streetlamps and other light fittings; and industrial trays for material handling.
The company was formerly known as Biax Films Limited and changed its name to Xpro India Limited in September 1998. Xpro India Limited was incorporated in 1997 and is based in New Delhi, India.
Stock analysis
Xpro India Limited (XPROINDIA) currently trades at ₹1,099, while our model-based Fair Value estimate is ₹126.36, 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 ₹126.55 per share, and 0 of the 16 models we run sit above the ₹1,099 price.
Bear case: the Dividend Discount group reads lowest at ₹16.89, and 16 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹88.45 (bear) to ₹164.26 (bull), the price of ₹1,099 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 27/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Xpro India Limited reported revenue of ₹5.1B in FY2026 versus ₹4.7B in FY2022, a compound +1.7%/yr. Reported net income was ₹192M in FY2026, compounding −19.1%/yr from FY2022.
Key figures
Market cap ₹25.0B (≈ $266M) Micro · P/E ratio 76.3 · P/S ratio 4.68 · EPS (TTM) ₹14.40 · Dividend yield 0.2% · Net margin 6.1% · Return on equity 2.8% · Return on assets (EBIT) 11.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 35% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −89%, XPROINDIA screens richer than that median.
Fair Value models
All 16 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
XPROINDIA screens overvalued: fair value 89% below the price. Compare with Linde plc →
Compare Xpro India Limited with another stock
Price, fair value, quality and upside side by side.
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.Specialty Chemicals · 727 stocks
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Net margin by industry
- P/B ratio by industry
- Stock screener with 62 metrics
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Nan Ya Plastics Corporation 1303 | 239.50 TWD | 383.20 TWD | +60% | vs XPROINDIA |
| Wanhua Chemical Group 600309 | ¥72.65 | ¥68.03 | −6% | vs XPROINDIA |
| Linde plc LIN | $515.25 | $446.62 | −13% | vs XPROINDIA |
| PPG Industries, Inc PPG | $122.38 | $77.68 | −37% | vs XPROINDIA |
| DSM-Firmenich AG DSFIR | CHF 100.50 | CHF 57.70 | −43% | vs XPROINDIA |
| The Sherwin-Williams Company SHW | $344.10 | $146.37 | −57% | vs XPROINDIA |
| Givaudan SA GIVN | CHF 4,054 | CHF 1,554 | −62% | vs XPROINDIA |
| EMS-CHEMIE HOLDING AG EMSN | CHF 848.50 | CHF 284.63 | −66% | vs XPROINDIA |
| Ecolab Inc ECL | $300.68 | $96.56 | −68% | vs XPROINDIA |
| Air Products and Chemicals, Inc APD | $304.84 | $82.92 | −73% | vs XPROINDIA |
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