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Shilp Gravures Limited (513709) Fair Value & Analysis

Other · IN · Market cap ₹332M

SG Shilp Gravures Limited 513709 · BSE
Price₹164.20
Fair Value₹193.41
Upside+17.8%
Quality57/100
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Expensive Growth
Thin margins · 5.9% net margin
Low debt · negative free cash flow
4.51% dividend yield
Ranks above peers (13/13)
Narrow moat 43/100
Evidence: High Range ₹121.67 – ₹241.76 Share as image

Fair value as of: Aug 13, 2026

From 15 valuation models · updated 5 days ago

A solid business, screening 18% undervalued on our models.

What matters now

  • A fairly wide model range (₹121.67 to ₹241.76) leaves room in how you read the outcome.
  • Our model range runs from ₹121.67 (bear) to ₹241.76 (bull), base ₹193.41. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 57/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹388.03 ₹72.33 Fair Value ₹193.41 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 ₹72.33 – ₹388.03 · fair‑value band ₹121.67 – ₹241.76 · the ₹164.20 price screens below the ₹193.41 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Shilp Gravures Limited (513709) currently trades at ₹164.20, while our model-based Fair Value estimate is ₹193.41, implying the stock looks roughly 17.8% undervalued today. The Quality Score stands at 57/100 (solid quality), in the Other sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Shilp Gravures Limited generated revenue of ₹680M at a net margin of 5.9%. Revenue grew 11.6% year over year. It earns a return on equity of 6.1%. Net debt stands at ₹12.9M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹121.67 (bear case) to ₹241.76 (bull case); at ₹164.20, 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 48% below its 52-week high and 26% above its 52-week low, currently above its 200-day average. For context, the median of 10 Other peers we cover trades at -24% fair-value upside, at 18%, 513709 screens cheaper 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
Residual Income ₹128.33 ₹130.35 ₹126.65 76
ROIC Compounder ₹333.95 ₹397.12 ₹462.49 72
Gordon GGM ₹16.32 ₹28.62 ₹40.47 70
All 15 models by family
Earnings-Based
Graham-Dodd ₹77.36 ₹201.57 ₹262.88 54
PEG = 1.0 ₹38.31 ₹54.72 ₹71.14 46
EPV ₹320.60 ₹364.01 ₹400.19 59
Dividend Discount
Gordon GGM ₹16.32 ₹28.62 ₹40.47 70
DDM Multi-Stage ₹16.32 ₹23.64 ₹30.46 61
Multiples
P/E Multiple ₹145.06 ₹193.41 ₹241.76 63
P/S Multiple ₹145.06 ₹193.41 ₹241.76 58
P/B Multiple ₹145.06 ₹193.41 ₹241.76 55
EV/EBIT ₹466.52 ₹621.29 ₹776.05 53
EV/EBITDA ₹401.45 ₹534.53 ₹667.61 54
EV/Revenue ₹169.33 ₹240.94 ₹312.56 43
Asset-Based
NCAV (Graham) ₹85.32 ₹114.32 ₹170.63 50
Economic Profit
Residual Income ₹128.33 ₹130.35 ₹126.65 76
ROIC Compounder ₹333.95 ₹397.12 ₹462.49 72
Growth Earnings
Growth-Adj P/E ₹115.38 ₹164.83 ₹214.27 68

Widest divergence: Earnings-Based (₹201.57) versus Dividend Discount (₹23.64). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹680M
Revenue growth (YoY) +11.6%
Net margin 5.9%
Return on equity 6.1%
Free cash flow −₹338M FY2026
P/E ratio 10.2 as of Jul 4, 2026
More key figures
Operating margin 13.2%
EPS (TTM) ₹6.50
Dividend yield 4.5%
EPS growth (YoY) +1,418%
Net debt ₹12.9M FY2024

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 27

Profitability 54
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 48
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 9
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

Shilp Gravures Limited manufactures and sells engraved copper rollers in India. It operates through three segments: Engraved Copper Roller, Wind Mill, and Flexo. The company offers electro-mechanically and mechanically engraved, coating, embossed, and base rollers; and flexo plates.

Full company description

Shilp Gravures Limited manufactures and sells engraved copper rollers in India. It operates through three segments: Engraved Copper Roller, Wind Mill, and Flexo. The company offers electro-mechanically and mechanically engraved, coating, embossed, and base rollers; and flexo plates. It serves various industries, including flexible packaging, anilox rollers, PVC flooring, decorative laminates, specialty coatings, artificial leather, gift wrapper, security printing, transfer printing, etc. The company also generates energy through wind mills. Shilp Gravures Limited was founded in 1989 and is based in Ahmedabad, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Shilp Gravures Limited reported revenue of ₹979M in FY2026 versus ₹748M in FY2022, a compound +7.0%/yr. Reported net income was ₹70.0M in FY2026, compounding −3.0%/yr from FY2022.

Growth Quality 36/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹979M
Latest YoY
+6.9%
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.
+3.9%
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.
+7.0%
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.
+4.1%
Revenue +7.0%/yr
FY22 ₹748M
FY23 ₹872M
FY24 ₹875M
FY25 ₹915M
FY26 ₹979M
Net income −3.0%/yr
FY22 ₹79.1M
FY23 ₹78.1M
FY24 ₹114M
FY25 ₹37.1M
FY26 ₹70.0M

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Cite: Fair Value Calculator (2026). "Shilp Gravures Limited Fair Value". https://www.fairvalue-calculator.com/stock/513709

Peer Group

Other · 373 stocks

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.

Quality Score 57 · Above median
Fair Value upside +18% · Above median
Return on equity (TTM) 6% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 6% · Top 25%
Operating margin (TTM) 13% · Top 25%
Revenue growth 12% · Top 25%
Dividend yield (TTM) 4.5% · Top 25%

Valuation Multiples vs Other median · lower = cheaper

P/E (TTM) 10.2× · Cheaper than median
P/B 0.32× · Cheaper than median
P/S (TTM) 0.49× · Cheaper than median
EV/EBITDA 2.1× · 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 57 · sector 9
FUTURE 58 · sector 0
PAST 24 · sector 0
HEALTH 100 · sector 97
DIVIDEND 90 · sector 31

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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Frequently asked questions

Is Shilp Gravures Limited (513709) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹193.41 versus a price of ₹164.20, about +18% (undervalued).
What is the fair value of 513709?
Our model-based fair value for Shilp Gravures Limited is ₹193.41 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹164.20.
What is the quality score of 513709?
Shilp Gravures Limited has a Quality Score of 57/100. 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 Shilp Gravures Limited (513709)?
Shilp Gravures Limited reported trailing-twelve-month revenue of about ₹680M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 513709?
The net profit margin of Shilp Gravures Limited is about 5.9%, meaning it keeps roughly 5.9% of revenue as net income. Based on the latest reported figures.
Does Shilp Gravures Limited pay a dividend?
Shilp Gravures Limited currently shows a dividend yield of about 4.51% 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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