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Taneja Aerospace and Aviation Limited (522229) Fair Value & Analysis

Industrial Goods · IN · Market cap ₹729M

TA Taneja Aerospace and Aviation Limited 522229 · BSE
Price₹314.20
Fair Value₹96.54
Upside-69.3%
Quality65/100
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Mixed Growth
Solidly profitable · 14.7% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Moderate moat 63/100
Evidence: High Range ₹73.92 – ₹122.25 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 5 days ago

A solid business, but screening 69% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹122.25). The favourable scenario is already priced in.
  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹648.15 ₹26.58 Fair Value ₹96.54 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 ₹26.58 – ₹648.15 · fair‑value band ₹73.92 – ₹122.25 · the ₹314.20 price screens above the ₹96.54 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Taneja Aerospace and Aviation Limited (522229) currently trades at ₹314.20, while our model-based Fair Value estimate is ₹96.54, implying the stock looks roughly 69.3% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Industrial Goods 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, Taneja Aerospace and Aviation Limited generated revenue of ₹334M at a net margin of 14.7%. Revenue declined 5.8% year over year. It earns a return on equity of 5.0%. Net debt stands at ₹4.7M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹73.92 (bear case) to ₹122.25 (bull case); at ₹314.20, the current price sits above 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 37% below its 52-week high and 65% above its 52-week low. For context, the median of 10 Industrial Goods peers we cover trades at -76% fair-value upside, at -69%, 522229 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
Growth DCF ₹81.68 ₹101.61 ₹130.27 80
Residual Income ₹52.52 ₹57.88 ₹77.35 76
Rev-Margin DCF ₹48.47 ₹59.88 ₹71.52 74
All 24 models by family
DCF Models
FCF DCF ₹79.91 ₹101.04 ₹133.56 38
Owner Earnings ₹71.63 ₹90.38 ₹119.23 31
5Y Revenue Exit ₹48.47 ₹58.20 ₹71.20 39
5Y EBITDA Exit ₹83.87 ₹118.96 ₹162.49 41
5Y P/E Exit ₹90.41 ₹130.20 ₹174.47 38
10Y Revenue Exit ₹61.10 ₹71.29 ₹82.03 36
10Y EBITDA Exit ₹81.52 ₹108.13 ₹138.49 37
10Y P/E Exit ₹85.21 ₹114.95 ₹145.90 35
Earnings-Based
Graham-Dodd ₹45.85 ₹84.38 ₹104.49 54
EPV ₹65.42 ₹73.48 ₹80.20 59
Dividend Discount
Gordon GGM ₹19.87 ₹25.24 ₹30.20 70
DDM Multi-Stage ₹19.87 ₹25.84 ₹32.12 61
Multiples
P/E Multiple ₹106.19 ₹141.58 ₹176.98 63
P/S Multiple ₹24.16 ₹32.22 ₹40.27 58
P/B Multiple ₹85.96 ₹114.61 ₹143.27 55
EV/EBIT ₹110.97 ₹145.85 ₹180.73 53
EV/EBITDA ₹99.34 ₹130.34 ₹161.35 54
EV/Revenue ₹26.63 ₹35.33 ₹44.03 43
Asset-Based
NCAV (Graham) ₹31.00 ₹41.54 ₹62.01 50
Growth DCF
Growth DCF ₹81.68 ₹101.61 ₹130.27 80
Rev-Margin DCF ₹48.47 ₹59.88 ₹71.52 74
Economic Profit
Residual Income ₹52.52 ₹57.88 ₹77.35 76
ROIC Compounder ₹65.67 ₹75.05 ₹84.13 72
Growth Earnings
Growth-Adj P/E ₹75.40 ₹107.72 ₹140.03 68

Widest divergence: Multiples (₹114.61) versus Dividend Discount (₹25.24). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹334M
Revenue growth (YoY) -5.8%
Net margin 14.7%
Return on equity 5.0%
Free cash flow ₹216M FY2026
P/E ratio 15.4 as of Jul 4, 2026
More key figures
Operating margin 24.3%
EPS (TTM) ₹1.97
Net debt ₹4.7M FY2022

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

Quality Score breakdown

Overall quality 65/100

Of which business quality 66 · Market factors (momentum, volatility) 38

Profitability 50
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 78
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

Taneja Aerospace and Aviation Limited manufactures and sells non-military aircraft products in India. The company operates through two segments, Aviation and Trading of Goods. It manufactures aero structures for various organizations; and sheet metal details, machining, composites, and assemblies.

Full company description

Taneja Aerospace and Aviation Limited manufactures and sells non-military aircraft products in India. The company operates through two segments, Aviation and Trading of Goods. It manufactures aero structures for various organizations; and sheet metal details, machining, composites, and assemblies. The company also provides commercial aircraft maintenance and operating services; consultancy services for designing and building airports and infrastructure; and airfield services. In addition, it offers air charter services; and design and development services. The company was incorporated in 1988 and is based in Krishnagiri, India. Taneja Aerospace and Aviation Limited is a subsidiary of Indian Seamless Enterprises Limited.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Taneja Aerospace and Aviation Limited reported revenue of ₹402M in FY2026 versus ₹312M in FY2022, a compound +6.5%/yr. Reported net income was ₹168M in FY2026, compounding +32.4%/yr from FY2022.

Growth Quality 63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹402M
Latest YoY
−1.1%
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.
+8.0%
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.
+3.1%
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.
+1.4%
Revenue +6.5%/yr
FY22 ₹312M
FY23 ₹319M
FY24 ₹304M
FY25 ₹406M
FY26 ₹402M
Net income +32.4%/yr
FY22 ₹54.7M
FY23 ₹110M
FY24 ₹111M
FY25 ₹181M
FY26 ₹168M

522229 screens 69% overvalued. Compare with Bharat Electronics Limited →

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Cite: Fair Value Calculator (2026). "Taneja Aerospace and Aviation Limited Fair Value". https://www.fairvalue-calculator.com/stock/522229

Peer Group

Industrial Goods · 22 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Aerospace/Defense - Major Diversified” was too small, so the broader sector is used.)

Quality Score 65 · Top 25%
Fair Value upside −68% · Below median
Return on equity (TTM) 5% · Top 25%
Return on assets 4% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 24% · Top 25%
Revenue growth -6% · Above median
Dividend yield (TTM) 8.7% · Top 25%

Valuation Multiples vs Industrial Goods median · lower = cheaper

P/E (TTM) 15.4× · Pricier than 75% of peers
P/B 0.47× · Pricier than 75% of peers
P/S (TTM) 2.18× · Pricier than 75% of peers
P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 4.8× · Pricier than median

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 0 · sector 0
FUTURE 0 · sector 0
PAST 20 · sector 0
HEALTH 100 · sector 98
DIVIDEND 100 · sector 2

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Weapons Defense

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Aerospace/Defense - Major Diversified stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Bharat Electronics Limited 500049 ₹404.00 ₹294.84 -27%
High Energy Batteries (India) Limited 504176 ₹578.40 ₹1,071 +85%
Garware Marine Industries Limited 509563 ₹20.61 ₹3.76 -82%
Shree Cement Limited 500387 ₹25,410 ₹4,548 -82%
Siemens Limited 500550 ₹4,019 ₹892.67 -78%
Thermax Limited 500411 ₹4,086 ₹679.90 -83%
GMM Pfaudler Limited 505255 ₹1,045 ₹247.43 -76%
Carborundum Universal Limited 513375 ₹1,152 ₹194.24 -83%
IRB Infrastructure Developers Limited 532947 ₹19.33 ₹19.49 +1%
ELGI Equipments Limited 522074 ₹609.05 ₹194.23 -68%

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Frequently asked questions

Is Taneja Aerospace and Aviation Limited (522229) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹96.54 versus a price of ₹314.20, about −69% (overvalued).
What is the fair value of 522229?
Our model-based fair value for Taneja Aerospace and Aviation Limited is ₹96.54 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹314.20.
What is the quality score of 522229?
Taneja Aerospace and Aviation Limited has a Quality Score of 65/100. 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 Taneja Aerospace and Aviation Limited (522229)?
Taneja Aerospace and Aviation Limited reported trailing-twelve-month revenue of about ₹334M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 522229?
The net profit margin of Taneja Aerospace and Aviation Limited is about 14.7%, meaning it keeps roughly 14.7% of revenue as net income. Based on the latest reported figures.

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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