The Victoria Mills Limited (503349) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of The Victoria Mills Limited ₹2,059, price ₹8,245, upside -75.0%, quality 80 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch The Victoria Mills Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range ₹1,680 – ₹9,450 · fair‑value band ₹1,276 – ₹2,354 · the ₹8,245 price screens above the ₹2,059 fair value. Dashed = 300-day average. As of Sep 24, 2026.
Follow The Victoria Mills in your weekly email
Every Wednesday you see whether The Victoria Mills is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
The Victoria Mills Limited, together with its subsidiary Victoria Land Private Limited, develops real estate properties in India. It constructs luxury villas in Alibaug. The company was founded in 1913 and is based in Mumbai, India.
Stock analysis
The Victoria Mills Limited (503349) currently trades at ₹8,245, while our model-based Fair Value estimate is ₹2,059, 75.0% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of ₹11,492 per share, and 11 of the 16 models we run sit above the ₹8,245 price.
Bear case: the Dividend Discount group reads lowest at ₹756.19, and 5 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹1,276 (bear) to ₹2,354 (bull), the price of ₹8,245 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 80/100 (high quality), in the Financial sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
The Victoria Mills Limited reported revenue of ₹528M in FY2026 versus ₹6.0K in FY2022, a compound +1,621.9%/yr. Reported net income was ₹66.6M in FY2026.
Key figures
Market cap ₹185M (≈ $1.9M) · P/E ratio 5.1 · P/S ratio 0.65 · EPS (TTM) ₹350.45 · Dividend yield 2.9% · Net margin 12.6% · Return on equity −1.2% · Return on assets (EBIT) 1.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 72% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial peers we cover trades at 49% fair-value upside, at −75%, 503349 screens richer than that median.
Fair Value models
Bear ₹1,276Fair Value ₹2,059Bull ₹2,354
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹153.11 per share) are deliberately not added.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.Evidence ⓘEvidence = 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.
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.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+76.1%
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.
+29.1%
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.
+24.2%
Start year 2021 (pandemic). Over 10 years: +18.1% a year
Revenue growth 12 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.
+21.4%
’14
’16
’17
’18
’19
’21
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
−13.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−16.4%
Dividend (yield on the price)2.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.17.2% vs 26.5%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 11%
2026 sits 815% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−28.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about −31.7% a year for the price.
Compare The Victoria Mills Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Real Estate Development · 25 stocks
Beats the industry median on 6/7 measures
Overall it ranks above its industry peers.
Valuation
Quality Score79 · Top 25%
Fair Value upside+150.7% · Top 25%
Profitability
Return on assets−9.0% · Bottom 25%
Net margin (TTM)12.6% · Above median
Operating margin (TTM)133.1% · Top 25%
Growth and dividend
Revenue growth0.0% · Above median
Valuation Multiplesvs Real Estate Development median · lower = cheaper
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.
Cite: Fair Value Calculator (2026). "The Victoria Mills Limited Fair Value". https://www.fairvalue-calculator.com/stock/503349
Frequently asked questions
Is The Victoria Mills Limited (503349) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ₹2,059 versus a price of ₹8,245, about −75% upside (overvalued).
What is the fair value of 503349?
Our model-based fair value for The Victoria Mills Limited is ₹2,059 (as of Sep 24, 2026), built from audited fundamentals. The current price: ₹8,245.
What is the quality score of 503349?
The Victoria Mills Limited has a Quality Score of 80/100. 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 The Victoria Mills Limited (503349)?
Our model-based price target is the fair value of ₹2,059 (as of Sep 24, 2026) from 16 valuation models. Cautious scenario ₹1,276, optimistic scenario ₹2,354. It is a calculation from audited fundamentals, not an analyst target.
What is the The Victoria Mills Limited stock forecast for 2026?
Our models put fair value at ₹2,059, about −75% upside versus a price of ₹8,245 (overvalued). Cautious scenario ₹1,276, optimistic scenario ₹2,354. The calculation is refreshed regularly with new filings.
Does The Victoria Mills Limited pay a dividend?
The Victoria Mills Limited currently shows a dividend yield of about 2.90% relative to its recent price (as of Sep 24, 2026).
What growth is priced into The Victoria Mills Limited (503349)?
For today's price to be fair in a discounted-cash-flow model, The Victoria Mills Limited would have to grow free cash flow by -28.9 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +24.2 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 503349 use?
Our models discount The Victoria Mills Limited at 10.9 %: a base by market capitalisation (nano), damped by beta 0.48, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For The Victoria Mills Limited that is -28.9 % per year a year over ten years, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has The Victoria Mills Limited (503349) delivered so far?
Over the past 5 years revenue at The Victoria Mills Limited grew +24.2 % a year. The price currently implies -28.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of The Victoria Mills Limited (503349) growing?
The median revenue growth in the sector is +1.9 % a year. That is the yardstick for the growth priced into The Victoria Mills Limited (-28.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of The Victoria Mills Limited (503349)?
The free-cash-flow yield on the price is 29.56 %: that much free cash flow The Victoria Mills Limited produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of The Victoria Mills Limited (503349)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For The Victoria Mills Limited it is ₹2,059 per share (as of Sep 24, 2026), against a price of ₹8,245. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is The Victoria Mills Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 503349 trades above its calculated fair value: price ₹8,245, fair value ₹2,059, a gap of about −75% (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 503349?
No. The price is what the market pays today (₹8,245); the fair value is what the company's own numbers justify (₹2,059). For The Victoria Mills Limited the two are ₹6,186 per share apart. That gap is exactly why we show both numbers side by side.
How much is The Victoria Mills Limited worth?
The market values The Victoria Mills Limited at about ₹185M (market capitalisation, as of Sep 24, 2026). Per share that is ₹8,245; our models calculate a fair value of ₹2,059 per share.
What do the bullish and bearish scenarios say about 503349?
Our models span a range for The Victoria Mills Limited: cautious scenario ₹1,276, base ₹2,059, optimistic ₹2,354 per share (as of Sep 24, 2026, price ₹8,245). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 503349?
The Victoria Mills Limited trades at a price-to-earnings ratio of 5.1 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹2,059 is built from several models across several years.
How solid is the balance sheet of The Victoria Mills Limited (503349)?
Balance-sheet figures for The Victoria Mills Limited (as of Sep 24, 2026): return on equity −1.2%. They feed the Quality Score of 80/100, which measures business quality independently of the share price.
How far is 503349 from its 52-week high?
The Victoria Mills Limited trades at ₹8,245, about 11% below its 52-week high of ₹9,245 and 72% above the low of ₹4,798 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹2,059 is for.
Which stocks are comparable to The Victoria Mills Limited?
From the same area (Financial) we also value MODIS, BRNP, SAMOR, SHRIKRISH, 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 The Victoria Mills Limited stock attractive at the current price?
The data as of Sep 24, 2026: price ₹8,245, calculated fair value ₹2,059 (−75%), Quality Score 80/100, from 16 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 503349 calculated?
We run The Victoria Mills Limited through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹2,059, 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 14.5 % above its aggregate fair value. The Victoria Mills 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 The Victoria Mills Limited (503349)?
The closing price on Oct 1, 2026 was ₹8,245. Our model-based fair value is ₹2,059, about −75% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with The Victoria Mills Limited right now?
A high-quality business (quality 80/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case (₹2,354). The favourable scenario is already priced in. A fairly wide model range (₹1,276 to ₹2,354) 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.
Key figures of The Victoria Mills Limited
How large is the market capitalisation of The Victoria Mills Limited (503349)?
The market capitalisation of The Victoria Mills Limited is ₹185M (≈ $1.9M). 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 The Victoria Mills Limited (503349)?
The price-to-sales ratio of The Victoria Mills Limited is 0.65 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of The Victoria Mills Limited (503349)?
Earnings per share at The Victoria Mills Limited are ₹350.45 (price ÷ EPS = P/E 5.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of The Victoria Mills Limited (503349)?
The dividend yield of The Victoria Mills Limited is 2.9% (payout 68.2%). 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 The Victoria Mills Limited (503349)?
The net margin of The Victoria Mills Limited is 12.6% (fiscal year 2026). 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 The Victoria Mills Limited (503349)?
The return on equity (ROE) of The Victoria Mills Limited is −1.2% (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 The Victoria Mills Limited (503349)?
On an EBIT basis the return on assets of The Victoria Mills Limited is 1.2% (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 The Victoria Mills Limited (503349)?
The operating margin of The Victoria Mills Limited is 133% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How much revenue does The Victoria Mills Limited (503349) generate?
The Victoria Mills Limited generates revenue of −₹49.7M (last twelve months). Revenue of the last twelve months (TTM), the most recent full year, not the calendar year.
Free · no account needed
Watch The Victoria Mills Limited in the live analysis
One click puts The Victoria Mills Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
