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Nirlon Limited (500307) Fair Value & Analysis

Financial · IN · Market cap ₹21.3B

NL Nirlon Limited 500307 · BSE
Price₹620.05
Fair Value₹499.10
Upside-19.5%
Quality74/100
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Healthy Growth
Highly profitable · 37.0% net margin
High debt · generates free cash flow
0.31% dividend yield
Wide moat 90/100
Evidence: High Range ₹310.04 – ₹790.22 Share as image

Fair value as of: Aug 13, 2026

From 11 valuation models · updated 5 days ago

Fair value updated Aug 13, 2026, revised from ₹670.70 to ₹499.10 (−25.6%) since Aug 9, 2026.

A solid business, but screening 20% overvalued on our models.

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What matters now

  • A high-quality business (quality 74/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • A fairly wide model range (₹310.04 to ₹790.22) leaves room in how you read the outcome.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

₹640.35 ₹197.32 Fair Value ₹499.10 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 ₹197.32 – ₹640.35 · fair‑value band ₹310.04 – ₹790.22 · the ₹620.05 price screens above the ₹499.10 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Nirlon Limited (500307) currently trades at ₹620.05, while our model-based Fair Value estimate is ₹499.10, implying the stock looks roughly 19.5% overvalued today. The Quality Score stands at 74/100 (solid quality), in the Financial 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, Nirlon Limited generated revenue of ₹3.1B at a net margin of 37.0%. Revenue grew 5.9% year over year. Net debt stands at ₹11.4B. The stock trades on a trailing P/E of 18.8 (as of Jul 4, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹310.04 (bear case) to ₹790.22 (bull case); at ₹620.05, the current price sits within 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 4% below its 52-week high and 43% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial peers we cover trades at -6% fair-value upside, at -20%, 500307 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 ₹459.38 ₹840.45 ₹1,456 80
Residual Income ₹306.63 ₹538.18 ₹13,819 76
Rev-Margin DCF ₹127.42 ₹214.87 ₹316.03 74
All 11 models by family
DCF Models
Owner Earnings ₹354.53 ₹680.98 ₹1,213 31
5Y P/E Exit ₹294.30 ₹541.93 ₹809.61 38
10Y P/E Exit ₹345.70 ₹581.38 ₹884.97 35
Earnings-Based
Graham-Dodd ₹261.07 ₹1,012 ₹1,372 54
Lynch FV ₹248.05 ₹354.36 ₹460.67 50
Multiples
P/E Multiple ₹374.32 ₹499.10 ₹623.87 63
P/B Multiple ₹54.60 ₹72.80 ₹91.00 55
Asset-Based
NCAV (Graham) ₹26.00 ₹34.84 ₹52.00 50
Growth DCF
Growth DCF ₹459.38 ₹840.45 ₹1,456 80
Rev-Margin DCF ₹127.42 ₹214.87 ₹316.03 74
Economic Profit
Residual Income ₹306.63 ₹538.18 ₹13,819 76

Widest divergence: DCF Models (₹581.38) versus Asset-Based (₹34.84). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹3.1B
Revenue growth (YoY) +5.9%
Net margin 37.0%
Free cash flow ₹4.3B FY2026
P/E ratio 18.8 as of Jul 4, 2026
Operating margin 57.5%
More key figures
EPS (TTM) ₹12.90
Dividend yield 0.3%
EPS growth (YoY) +26.3%
Net debt ₹11.4B FY2026

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

Quality Score breakdown

Overall quality 74/100

Of which business quality 66 · Market factors (momentum, volatility) 78

Profitability 70
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 88
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 69
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 82
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

Nirlon Limited engages in the development and management of an industrial park. It is involved in the development of the Nirlon Knowledge Park, an industrial/information technology park located in Goregaon, Mumbai. The company was incorporated in 1958 and is based in Mumbai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Nirlon Limited reported revenue of ₹6.7B in FY2026 versus ₹3.8B in FY2022, a compound +14.9%/yr. Reported net income was ₹3.5B in FY2026, compounding +32.9%/yr from FY2022.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹6.7B
Latest YoY
+5.2%
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.
+5.3%
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.
+16.1%
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.
+10.6%
Revenue +14.9%/yr
FY22 ₹3.8B
FY23 ₹5.7B
FY24 ₹6.0B
FY25 ₹6.4B
FY26 ₹6.7B
Net income +32.9%/yr
FY22 ₹1.1B
FY23 ₹1.6B
FY24 ₹2.1B
FY25 ₹2.2B
FY26 ₹3.5B

500307 screens 20% overvalued. Compare with Brigade Enterprises Limited →

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Cite: Fair Value Calculator (2026). "Nirlon Limited Fair Value". https://www.fairvalue-calculator.com/stock/500307

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 35 · sector 0
FUTURE 30 · sector 0
PAST 0 · sector 0
HEALTH 0 · sector 0
DIVIDEND 6 · sector 0

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.

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FGP Limited 500142 ₹11.66 ₹2.36 -80%
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Yes Bank Limited 532648 ₹22.70 ₹14.65 -35%
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Frequently asked questions

Is Nirlon Limited (500307) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹499.10 versus a price of ₹620.05, about −20% (overvalued).
What is the fair value of 500307?
Our model-based fair value for Nirlon Limited is ₹499.10 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹620.05.
What is the quality score of 500307?
Nirlon Limited has a Quality Score of 74/100. 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 Nirlon Limited (500307)?
Nirlon Limited reported trailing-twelve-month revenue of about ₹3.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 500307?
The net profit margin of Nirlon Limited is about 37.0%, meaning it keeps roughly 37.0% of revenue as net income. Based on the latest reported figures.
Does Nirlon Limited pay a dividend?
Nirlon Limited currently shows a dividend yield of about 0.31% 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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