Sika Interplant Systems Limited (523606) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Sika Interplant Systems Limited ₹1,909, price ₹1,013, upside +88.5%, quality 75 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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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 ₹56.46 – ₹1,544 · fair‑value band ₹1,189 – ₹3,272 · the ₹1,013 price screens below the ₹1,909 fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Sika Interplant Systems Limited, together with its subsidiaries designs, develops, manufactures, and sells engineering products primarily for aerospace, defense and space, and automotive sectors in India.
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Sika Interplant Systems Limited, together with its subsidiaries designs, develops, manufactures, and sells engineering products primarily for aerospace, defense and space, and automotive sectors in India. It offers search and rescue products, such as rescue hoists/winches and air ambulance/EMS modules; landing gear and hydraulics products and services that include manufacturing, maintenance, repair, overhaul, and other related facilities; and products and services for interconnection systems, such as harnesses and looms, and electro mechanical assemblies, as well as electronic module integration, manufacturing and engineering, and environmental stress screening services. The company also provides handling systems, including dipping sonar winches, cargo winches, cargo hooks, marine winches, and handling and loading equipment for weapons, engines, etc. In addition, it offers maintenance, repair, and overhaul services for airborne handling systems, air intake particle separators, and landing gears and hydraulics. The company was founded in 1969 and is headquartered in Bengaluru, India. Sika Interplant Systems Limited is a subsidiary of Ultraweld Engineers Private Limited.
Stock analysis
Sika Interplant Systems Limited (523606) currently trades at ₹1,013, while our model-based Fair Value estimate is ₹1,909, implying the stock looks roughly 46.9% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹3,563 per share, and 19 of the 26 models we run sit above the ₹1,013 price.
Bear case: the Asset-Based group reads lowest at ₹245.78, and 7 of the 26 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹1,189 (bear) to ₹3,272 (bull), the price of ₹1,013 sits below 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 75/100 (high quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Sika Interplant Systems Limited reported revenue of ₹2.1B in FY2026 versus ₹984M in FY2022, a compound +21.0%/yr. Reported net income was ₹364M in FY2026, compounding +21.7%/yr from FY2022.
Key figures
Market cap ₹990M (≈ $10.3M) · P/E ratio 13.4 · P/S ratio 2.32 · EPS (TTM) ₹19.95 · Dividend yield 0.5% · Net margin 17.3% · Return on assets (EBIT) 18.3% · Operating margin 16.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 56 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 29% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −24% fair-value upside, at 88%, 523606 screens cheaper than that median.
Fair Value models
Bear ₹1,189Fair Value ₹1,909Bull ₹3,272
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 (₹9.61 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.95/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+43.0%
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.
+52.1%
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.
+21.5%
Start year 2021 (pandemic). Over 10 years: +17.7% 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.
+20.8%
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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.
−8.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−9.3%
Dividend (yield on the price)0.5%
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.−9.3% vs 13.8%, 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.17% → 21%
2026 sits 87% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2021 (pandemic)
⚠ Revenue per share shrinking 2.1%/yr over ~7Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+29.8%
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 +24.7% a year for the price.
Compare Sika Interplant Systems Limited with another stock
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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.Aerospace & Defense · 227 stocks
Beats the industry median on 6/8 measures
Overall it ranks above its industry peers.
Valuation
Quality Score75 · Top 25%
Fair Value upside−33.3% · Above median
Profitability
Return on assets3.4% · Below median
Net margin (TTM)12.4% · Above median
Operating margin (TTM)16.2% · Top 25%
Growth and dividend
Revenue growth30.8% · Top 25%
Dividend yield (TTM)0.5% · Bottom 25%
Valuation Multiplesvs Aerospace & Defense 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). "Sika Interplant Systems Limited Fair Value". https://www.fairvalue-calculator.com/stock/523606
Frequently asked questions
Is Sika Interplant Systems Limited (523606) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of ₹1,909 versus a price of ₹1,013, about +88% upside (undervalued).
What is the fair value of 523606?
Our model-based fair value for Sika Interplant Systems Limited is ₹1,909 (as of Sep 24, 2026), built from audited fundamentals. The current price: ₹1,013.
What is the quality score of 523606?
Sika Interplant Systems Limited has a Quality Score of 75/100. 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 Sika Interplant Systems Limited (523606)?
Our model-based price target is the fair value of ₹1,909 (as of Sep 24, 2026) from 26 valuation models. Cautious scenario ₹1,189, optimistic scenario ₹3,272. It is a calculation from audited fundamentals, not an analyst target.
What is the Sika Interplant Systems Limited stock forecast for 2026?
Our models put fair value at ₹1,909, about +88% upside versus a price of ₹1,013 (undervalued). Cautious scenario ₹1,189, optimistic scenario ₹3,272. The calculation is refreshed regularly with new filings.
Does Sika Interplant Systems Limited pay a dividend?
Sika Interplant Systems Limited currently shows a dividend yield of about 0.46% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Sika Interplant Systems Limited (523606)?
For today's price to be fair in a discounted-cash-flow model, Sika Interplant Systems Limited would have to grow free cash flow by +29.8 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +21.5 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 523606 use?
Our models discount Sika Interplant Systems Limited at 11.3 %: a base by market capitalisation (nano), damped by beta 0.65, 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 Sika Interplant Systems Limited that is +29.8 % per year a year over ten years, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has Sika Interplant Systems Limited (523606) delivered so far?
Over the past 5 years revenue at Sika Interplant Systems Limited grew +21.5 % a year. The price currently implies +29.8 % 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 Sika Interplant Systems Limited (523606) growing?
The median revenue growth in the sector is +8.1 % a year. That is the yardstick for the growth priced into Sika Interplant Systems Limited (+29.8 % 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 Sika Interplant Systems Limited (523606)?
The free-cash-flow yield on the price is 2.15 %: that much free cash flow Sika Interplant Systems Limited produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sika Interplant Systems Limited (523606)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sika Interplant Systems Limited it is ₹1,909 per share (as of Sep 24, 2026), against a price of ₹1,013. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Sika Interplant Systems Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 523606 trades below its calculated fair value: price ₹1,013, fair value ₹1,909, a gap of about +88% (undervalued). 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 523606?
No. The price is what the market pays today (₹1,013); the fair value is what the company's own numbers justify (₹1,909). For Sika Interplant Systems Limited the two are ₹895.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is Sika Interplant Systems Limited worth?
The market values Sika Interplant Systems Limited at about ₹990M (market capitalisation, as of Sep 24, 2026). Per share that is ₹1,013; our models calculate a fair value of ₹1,909 per share.
What do the bullish and bearish scenarios say about 523606?
Our models span a range for Sika Interplant Systems Limited: cautious scenario ₹1,189, base ₹1,909, optimistic ₹3,272 per share (as of Sep 24, 2026, price ₹1,013). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 523606?
Sika Interplant Systems Limited trades at a price-to-earnings ratio of 13.4 (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 ₹1,909 is built from several models across several years.
How far is 523606 from its 52-week high?
Sika Interplant Systems Limited trades at ₹1,013, about 22% below its 52-week high of ₹1,306 and 29% above the low of ₹786.75 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹1,909 is for.
Which stocks are comparable to Sika Interplant Systems Limited?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Airbus SE, Lockheed Martin Corporation, 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 Sika Interplant Systems Limited stock attractive at the current price?
The data as of Sep 24, 2026: price ₹1,013, calculated fair value ₹1,909 (+88%), Quality Score 75/100, from 26 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 523606 calculated?
We run Sika Interplant Systems Limited through 26 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 ₹1,909, 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. Sika Interplant Systems Limited currently trades 47 % below its own fair value, and the market average says nothing about that. 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 Sika Interplant Systems Limited (523606)?
The closing price on Oct 1, 2026 was ₹1,013. Our model-based fair value is ₹1,909, about +88% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sika Interplant Systems Limited right now?
The rarer combination: high quality (75/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case (₹1,189). The market is more pessimistic than our downside scenario. The model range is unusually wide (₹1,189 to ₹3,272). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Key figures of Sika Interplant Systems Limited
How large is the market capitalisation of Sika Interplant Systems Limited (523606)?
The market capitalisation of Sika Interplant Systems Limited is ₹990M (≈ $10.3M). 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 Sika Interplant Systems Limited (523606)?
The price-to-sales ratio of Sika Interplant Systems Limited is 2.32 (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 Sika Interplant Systems Limited (523606)?
Earnings per share at Sika Interplant Systems Limited are ₹19.95 (price ÷ EPS = P/E 13.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sika Interplant Systems Limited (523606)?
The dividend yield of Sika Interplant Systems Limited is 0.5% (payout 23.3%). 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 Sika Interplant Systems Limited (523606)?
The net margin of Sika Interplant Systems Limited is 17.3% (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 EBIT return on assets of Sika Interplant Systems Limited (523606)?
On an EBIT basis the return on assets of Sika Interplant Systems Limited is 18.3% (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 Sika Interplant Systems Limited (523606)?
The operating margin of Sika Interplant Systems Limited is 16.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sika Interplant Systems Limited (523606)?
Revenue at Sika Interplant Systems Limited is growing +30.8% versus a year earlier (3y avg +52.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Sika Interplant Systems Limited (523606)?
Earnings per share at Sika Interplant Systems Limited are growing +93.2% versus a year earlier. How much earnings per share grew versus a year earlier.
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