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International Combustion (India) Limited (505737) Fair Value & Analysis

Other · IN · Market cap ₹317M

IC International Combustion (India) Limited 505737 · BSE
Price₹511.40
Fair Value₹166.93
Upside-67.4%
Quality48/100
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Evidence: Medium Range ₹100.99 – ₹232.87

Fair value as of: Jul 4, 2026

From 12 valuation models · updated today

Share price +3.2% over the past month.

Price vs Fair Value (12 months)

₹851.49 ₹365.70 Fair Value ₹166.93 Jul 2025 Jul 2026

12‑month range ₹365.70 – ₹851.49 · fair‑value band ₹100.99 – ₹232.87 · the ₹511.40 price screens above the ₹166.93 fair value. As of Jul 4, 2026.

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Analysis

International Combustion (India) Limited (505737) currently trades at ₹511.40, while our model-based Fair Value estimate is ₹166.93 — implying the stock looks roughly 67.4% overvalued today. We read business quality at 48/100 (below-average quality), in the Other 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: medium).

Over the trailing twelve months, International Combustion (India) Limited generated revenue of ₹982M at a net margin of -7.2%. Revenue declined 16.2% year over year. It earns a return on equity of -7.8%. Net debt stands at ₹231M. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹982M
Revenue growth (YoY) -16.2%
Net margin -7.2%
Return on equity -7.8%
Free cash flow ₹164M FY2026
Operating margin -8.2%
More key figures
EPS (TTM) ₹-7.74
Dividend yield 0.7%
Net debt ₹231M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

International Combustion (India) Limited manufactures and supplies heavy engineering equipment, geared motors and gear boxes, and dry mix products in India and internationally. It operates through three segments: Mineral & Material Processing and Handling Equipment; Gear Box and Geared Motor Drive System; and Building Material Division. The company offers vibratory equipment, including grizzly screens/feeders, linear and circular motion screens, mogensen sizers, omni screens, flip flop screening machines, vibrating feeders and exciters, and polyurithine and rubber screen decks and liners, as well as monitoring systems for electronic vibrating machines. It also provides various grinding mills classifiers for drying systems; bulk material handling equipment, such as spiraling belt and girdle pocket elevators, scooping belt conveyers, and apron feeders; jaw, cone, and roll crushers, as well as vertical shaft impactors; and rotary drum dryers/coolers. In addition, the company offers …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

International Combustion (India) Limited reported revenue of ₹2.9B in FY2026 versus ₹1.7B in FY2022, a compound +14.8%/yr. Reported net income was −₹23.9M in FY2026.

Revenue +14.8%/yr
FY22 ₹1.7B
FY23 ₹2.2B
FY24 ₹3.0B
FY25 ₹2.9B
FY26 ₹2.9B
Net income
FY22 ₹41.5M
FY23 ₹83.1M
FY24 ₹200M
FY25 ₹149M
FY26 −₹23.9M

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Frequently asked questions

Is International Combustion (India) Limited (505737) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹166.93 versus a price of ₹511.40 — about −67% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 505737?
Our model-based fair value for International Combustion (India) Limited is ₹166.93 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹511.40.
What is the quality score of 505737?
International Combustion (India) Limited has a Quality Score of 48/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of International Combustion (India) Limited (505737)?
International Combustion (India) Limited reported trailing-twelve-month revenue of about ₹982M (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 505737?
The net profit margin of International Combustion (India) Limited is about -7.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does International Combustion (India) Limited pay a dividend?
International Combustion (India) Limited currently shows a dividend yield of about 0.70% relative to its recent price (as of Jul 4, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.