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Redex Protech Limited (523650) Fair Value & Analysis

Services · IN · Market cap ₹54.4M

RP Redex Protech Limited 523650 · BSE
Price₹31.00
Fair Value₹44.79
Upside+44.5%
Quality28/100
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Evidence: Medium Range ₹33.60 – ₹55.99

Fair value as of: Jul 4, 2026

From 9 valuation models · updated today

Share price −22.4% over the past month.

Price vs Fair Value (12 months)

₹56.66 ₹29.26 Fair Value ₹44.79 Jul 2025 Jul 2026

12‑month range ₹29.26 – ₹56.66 · fair‑value band ₹33.60 – ₹55.99 · the ₹31.00 price screens below the ₹44.79 fair value. As of Jul 4, 2026.

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Analysis

Redex Protech Limited (523650) currently trades at ₹31.00, while our model-based Fair Value estimate is ₹44.79 — implying the stock looks roughly 44.5% undervalued today. We read business quality at 28/100 (below-average quality), in the Services 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: medium) — always confirm before acting.

Over the trailing twelve months, Redex Protech Limited generated revenue of ₹8.5M at a net margin of 47.4%. Revenue declined 67.4% year over year. Net debt stands at ₹368M. The stock trades on a trailing P/E of 13.9. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹8.5M
Revenue growth (YoY) -67.4%
Net margin 47.4%
Free cash flow −₹318M FY2026
P/E ratio 13.9
Operating margin 65.5%
More key figures
EPS (TTM) ₹0.5940
EPS growth (YoY) -16.7%
Net debt ₹368M FY2026

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

About the company

Redex Protech Limited engages in the fire extinguisher equipment business in India. It offers smoke alarms, smoke detectors, and related services, as well as extinguisher refilling and labor services. The company was incorporated in 1991 and is based in Ahmedabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Redex Protech Limited reported revenue of ₹13.8M in FY2026 versus ₹197K in FY2022, a compound +189.3%/yr. Reported net income was ₹17.7M in FY2026, compounding −32.6%/yr from FY2022.

Revenue +189.3%/yr
FY22 ₹197K
FY23 ₹74.0K
FY24 ₹27.5M
FY25 ₹2.7M
FY26 ₹13.8M
Net income −32.6%/yr
FY22 ₹85.9M
FY23 −₹8.0M
FY24 ₹7.6M
FY25 −₹44.6M
FY26 ₹17.7M

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Frequently asked questions

Is Redex Protech Limited (523650) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹44.79 versus a price of ₹31.00 — about +44% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 523650?
Our model-based fair value for Redex Protech Limited is ₹44.79 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹31.00.
What is the quality score of 523650?
Redex Protech Limited has a Quality Score of 28/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Redex Protech Limited (523650)?
Redex Protech Limited reported trailing-twelve-month revenue of about ₹8.5M (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 523650?
The net profit margin of Redex Protech Limited is about 47.4%, meaning it keeps roughly 47.4% 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.

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