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Mafatlal Industries Limited (500264) Fair Value & Analysis

Industrial Goods · IN · Market cap ₹1.3B

MI Mafatlal Industries Limited 500264 · BSE
Price₹122.30
Fair Value₹74.12
Upside-39.4%
Quality59/100
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Healthy Growth
Loss-making · -8.3% net margin
Low debt · generates free cash flow
0.76% dividend yield
Mixed vs. peers (4/10)
Narrow moat 15/100
Evidence: High Range ₹55.59 – ₹92.65 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 5 days ago

Fair value updated Aug 13, 2026, revised from ₹74.38 to ₹74.12 (−0.4%) since Aug 9, 2026.

A solid business, but screening 39% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹92.65). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹208.00 ₹15.95 Fair Value ₹74.12 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹15.95 – ₹208.00 · fair‑value band ₹55.59 – ₹92.65 · the ₹122.30 price screens above the ₹74.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Mafatlal Industries Limited (500264) currently trades at ₹122.30, while our model-based Fair Value estimate is ₹74.12, implying the stock looks roughly 39.4% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Industrial Goods sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Mafatlal Industries Limited generated revenue of ₹6.6B at a net margin of -8.3%. Revenue declined 39.2% year over year. It earns a return on equity of -13.4%. Net debt stands at ₹171M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹55.59 (bear case) to ₹92.65 (bull case); at ₹122.30, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 40% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrial Goods peers we cover trades at -27% fair-value upside, at -39%, 500264 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF ₹1,117 ₹1,810 ₹3,086 80
Residual Income ₹478.59 ₹534.88 ₹818.69 76
Rev-Margin DCF ₹889.79 ₹1,593 ₹2,927 74
All 24 models by family
DCF Models
FCF DCF ₹1,188 ₹1,704 ₹3,246 38
Owner Earnings ₹807.52 ₹1,604 ₹3,081 31
5Y Revenue Exit ₹877.06 ₹1,400 ₹2,490 39
5Y EBITDA Exit ₹959.17 ₹1,566 ₹2,753 41
5Y P/E Exit ₹1,129 ₹2,361 ₹4,026 38
10Y Revenue Exit ₹962.99 ₹1,858 ₹2,377 36
10Y EBITDA Exit ₹1,041 ₹2,019 ₹3,659 37
10Y P/E Exit ₹1,154 ₹2,353 ₹4,289 35
Earnings-Based
Graham-Dodd ₹439.78 ₹3,067 ₹4,304 54
Lynch FV ₹1,194 ₹1,705 ₹2,217 50
PEG = 1.0 ₹1,194 ₹1,705 ₹2,217 46
EPV ₹547.95 ₹613.77 ₹668.62 59
Multiples
P/E Multiple ₹1,019 ₹1,358 ₹1,698 63
P/S Multiple ₹824.59 ₹1,099 ₹1,374 58
P/B Multiple ₹824.59 ₹1,099 ₹1,374 55
EV/EBIT ₹920.02 ₹1,205 ₹1,490 53
EV/EBITDA ₹837.83 ₹1,095 ₹1,353 54
EV/Revenue ₹675.33 ₹936.78 ₹1,198 43
Asset-Based
NCAV (Graham) ₹277.28 ₹371.55 ₹554.56 50
Growth DCF
Growth DCF ₹1,117 ₹1,810 ₹3,086 80
Rev-Margin DCF ₹889.79 ₹1,593 ₹2,927 74
Economic Profit
Residual Income ₹478.59 ₹534.88 ₹818.69 76
ROIC Compounder ₹547.95 ₹691.94 ₹826.56 72
Growth Earnings
Growth-Adj P/E ₹1,512 ₹2,160 ₹2,808 68

Widest divergence: Growth Earnings (₹2,160) versus Asset-Based (₹371.55). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹6.6B
Revenue growth (YoY) -39.2%
Net margin -8.3%
Return on equity -13.4%
Free cash flow ₹1.1B FY2026
Operating margin -6.5%
More key figures
EPS (TTM) ₹-9.86
Dividend yield 0.8%
Net debt ₹171M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 62 · Market factors (momentum, volatility) 37

Profitability 51
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 63
Disciplined investing over empire-building
Low Volatility 55
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 76
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Mafatlal Industries Limited manufactures and trades in textiles primarily in India. The company offers men's wear, such as suiting, shirting, trousering, and readymade products; women's wear, including sarees, voiles, rubia, fabrics, and readymade products; ready-to-stitch packs; denims; and school, corporate, work, medical, and hospitality uniforms.

Full company description

Mafatlal Industries Limited manufactures and trades in textiles primarily in India. The company offers men's wear, such as suiting, shirting, trousering, and readymade products; women's wear, including sarees, voiles, rubia, fabrics, and readymade products; ready-to-stitch packs; denims; and school, corporate, work, medical, and hospitality uniforms. It also provides bed linen products, such as bed sheets and pillow covers; bath towels; and specialty fabrics consisting of flame retardant, anti-static, Teflon coated, anti-bacterial, soil-resistant, water repellant, and perfumed fabrics. The company also exports its products. Mafatlal Industries Limited was founded in 1905 and is headquartered in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Mafatlal Industries Limited reported revenue of ₹38.7B in FY2026 versus ₹9.9B in FY2022, a compound +40.6%/yr. Reported net income was ₹900M in FY2026, compounding +33.0%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹38.7B
Latest YoY
+37.9%
Avg. growth/yr (3Y) 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.
+41.3%
Avg. growth/yr (5Y) 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.
+45.1%
Avg. growth/yr (12Y) 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.
+12.7%
Revenue +40.6%/yr
FY22 ₹9.9B
FY23 ₹13.7B
FY24 ₹20.8B
FY25 ₹28.1B
FY26 ₹38.7B
Net income +33.0%/yr
FY22 ₹288M
FY23 ₹372M
FY24 ₹988M
FY25 ₹980M
FY26 ₹900M

500264 screens 39% overvalued. Compare with Raymond Limited →

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Cite: Fair Value Calculator (2026). "Mafatlal Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/500264

Peer Group

Industrial Goods · 22 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Textile Industrial” was too small, so the broader sector is used.)

Quality Score 59 · Top 25%
Fair Value upside −39% · Below median
Return on assets -3% · Bottom 25%
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -7% · Bottom 25%
Revenue growth -39% · Below median
Dividend yield (TTM) 0.8% · Above median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Industrial Goods median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 98 · sector 98
DIVIDEND 15 · sector 2

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Textile Industrial stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Raymond Limited 500330 ₹640.90 ₹584.87 -9%
Arvind Limited 500101 ₹564.50 ₹203.30 -64%
Century Enka Limited 500280 ₹582.40 ₹422.06 -28%
Sat Industries Limited 511076 ₹125.00 ₹70.49 -44%
Banswara Syntex Limited 503722 ₹123.50 ₹208.05 +68%
Donear Industries Limited 512519 ₹88.21 ₹109.50 +24%
Loyal Textile Mills Limited 514036 ₹234.45 ₹171.90 -27%
Pasupati Acrylon Limited 500456 ₹61.16 ₹66.79 +9%
Shri Dinesh Mills Limited 503804 ₹345.00 ₹226.37 -34%
Deepak Spinners Limited 514030 ₹129.60 ₹86.07 -34%

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Frequently asked questions

Is Mafatlal Industries Limited (500264) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹74.12 versus a price of ₹122.30, about −39% (overvalued).
What is the fair value of 500264?
Our model-based fair value for Mafatlal Industries Limited is ₹74.12 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹122.30.
What is the quality score of 500264?
Mafatlal Industries Limited has a Quality Score of 59/100. 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 revenue of Mafatlal Industries Limited (500264)?
Mafatlal Industries Limited reported trailing-twelve-month revenue of about ₹6.6B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 500264?
The net profit margin of Mafatlal Industries Limited is about -8.3%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Mafatlal Industries Limited pay a dividend?
Mafatlal Industries Limited currently shows a dividend yield of about 0.76% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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