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Ecoboard Industries Limited (523732) Fair Value & Analysis

Industrial Goods · IN · Market cap ₹56.2M

EI Ecoboard Industries Limited 523732 · BSE
Price₹58.00
Fair Value₹8.48
Upside-85.4%
Quality50/100
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Evidence: Low Range ₹6.33 – ₹12.65

Fair value as of: Jul 4, 2026

From 3 valuation models · updated today

Share price −7.3% over the past month.

Price vs Fair Value (12 months)

₹73.28 ₹26.55 Fair Value ₹8.48 Jul 2025 Jul 2026

12‑month range ₹26.55 – ₹73.28 · fair‑value band ₹6.33 – ₹12.65 · the ₹58.00 price screens above the ₹8.48 fair value. As of Jul 4, 2026.

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Analysis

Ecoboard Industries Limited (523732) currently trades at ₹58.00, while our model-based Fair Value estimate is ₹8.48 — implying the stock looks roughly 85.4% overvalued today. We read business quality at 50/100 (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: low).

Over the trailing twelve months, Ecoboard Industries Limited generated revenue of ₹110M at a net margin of 58.3%. Revenue grew 49.5% year over year. Net debt stands at ₹72.6M. The stock trades on a trailing P/E of 0.5. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹110M
Revenue growth (YoY) +49.5%
Net margin 58.3%
Free cash flow −₹217M FY2026
P/E ratio 0.5
Operating margin -23.2%
More key figures
EPS (TTM) ₹3.61
Net debt ₹72.6M FY2026

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

About the company

Ecoboard Industries Limited manufactures and sells laminated particle boards under the Ecoboard brand name in India. The company operates in two segments, Particle Boards and Bio Systems. Its laminated particle boards are made from agri-residues, primarily bagasse. The company also provides anaerobic waste water treatment plants, which handle toxic residues spent wash and effluent of obnoxious nature from distilleries, as well as transform bio gas into fuel. It offers bio-energy, bio-CNG, and bio-manure plants for various industries, including pharmaceutical, distillery, diary, etc. The company was incorporated in 1991 and is headquartered in Pune, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Ecoboard Industries Limited reported revenue of ₹239M in FY2026 versus ₹347M in FY2022, a compound −8.9%/yr. Reported net income was −₹101M in FY2026.

Revenue −8.9%/yr
FY22 ₹347M
FY23 ₹386M
FY24 ₹298M
FY25 ₹127M
FY26 ₹239M
Net income
FY22 ₹21.4M
FY23 −₹31.4M
FY24 −₹72.7M
FY25 −₹183M
FY26 −₹101M

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Frequently asked questions

Is Ecoboard Industries Limited (523732) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹8.48 versus a price of ₹58.00 — about −85% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 523732?
Our model-based fair value for Ecoboard Industries Limited is ₹8.48 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹58.00.
What is the quality score of 523732?
Ecoboard Industries Limited has a Quality Score of 50/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ecoboard Industries Limited (523732)?
Ecoboard Industries Limited reported trailing-twelve-month revenue of about ₹110M (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 523732?
The net profit margin of Ecoboard Industries Limited is about 58.3%, meaning it keeps roughly 58.3% 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.