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Patels Airtemp (India) Limited (517417) Fair Value & Analysis

Industrial Goods · IN · Market cap ₹687M

PA Patels Airtemp (India) Limited 517417 · BSE
Price₹372.10
Fair Value₹405.28
Upside+8.9%
Quality57/100
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Evidence: High Range ₹303.96 – ₹506.60

Fair value as of: Jul 4, 2026

From 26 valuation models · updated today

Share price +22.9% over the past month.

Price vs Fair Value (12 months)

₹477.69 ₹184.45 Fair Value ₹405.28 Jul 2025 Jul 2026

12‑month range ₹184.45 – ₹477.69 · fair‑value band ₹303.96 – ₹506.60 · the ₹372.10 price screens below the ₹405.28 fair value. As of Jul 4, 2026.

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Analysis

Patels Airtemp (India) Limited (517417) currently trades at ₹372.10, while our model-based Fair Value estimate is ₹405.28 — implying the stock looks roughly 8.9% undervalued today. We read business quality at 57/100 (solid quality), in the Industrial Goods 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, Patels Airtemp (India) Limited generated revenue of ₹2.3B at a net margin of 4.7%. Revenue declined 3.7% year over year. It earns a return on equity of 12.5%. Net debt stands at ₹545M. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹2.3B
Revenue growth (YoY) -3.7%
Net margin 4.7%
Return on equity 12.5%
Free cash flow ₹157M FY2026
P/E ratio 5.8
More key figures
Operating margin 8.9%
EPS (TTM) ₹21.76
Dividend yield 2.0%
EPS growth (YoY) -8.2%
Net debt ₹545M FY2026

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

About the company

Patels Airtemp (India) Limited manufactures and sells heat and air cooled exchangers, columns and pressure vessels, and air-conditioning and refrigeration equipment in India. The company also offers shell and tube heat exchangers, ambient air heaters, air cooled condensers, and shell and fin tube heat exchangers. In addition, it undertakes various turnkey projects in the areas of comfort and pharmaceutical air-conditioning, textile humidification, evaporative cooling systems, clean room requirements, pressurization and ventilation systems, industrial and process air-conditioning, dust extraction systems, and closed controlled air-conditioning; and offers turnkey solutions to HVAC problems. The company serves power projects and refineries, as well as fertilizer, cement, petrochemical, pharmaceutical, textile, and chemical industries. It also exports its products. The company was founded in 1973 and is based in Ahmedabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Patels Airtemp (India) Limited reported revenue of ₹2.5B in FY2026 versus ₹3.0B in FY2022, a compound −4.4%/yr. Reported net income was ₹103M in FY2026, compounding −4.5%/yr from FY2022.

Revenue −4.4%/yr
FY22 ₹3.0B
FY23 ₹2.8B
FY24 ₹3.7B
FY25 ₹3.9B
FY26 ₹2.5B
Net income −4.5%/yr
FY22 ₹124M
FY23 ₹112M
FY24 ₹147M
FY25 ₹165M
FY26 ₹103M

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Frequently asked questions

Is Patels Airtemp (India) Limited (517417) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹405.28 versus a price of ₹372.10 — about +9% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 517417?
Our model-based fair value for Patels Airtemp (India) Limited is ₹405.28 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹372.10.
What is the quality score of 517417?
Patels Airtemp (India) Limited has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Patels Airtemp (India) Limited (517417)?
Patels Airtemp (India) Limited reported trailing-twelve-month revenue of about ₹2.3B (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 517417?
The net profit margin of Patels Airtemp (India) Limited is about 4.7%, meaning it keeps roughly 4.7% of revenue as net income. Based on the latest reported figures.
Does Patels Airtemp (India) Limited pay a dividend?
Patels Airtemp (India) Limited currently shows a dividend yield of about 1.96% 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.