Axtel Industries Limited (523850) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Axtel Industries Limited ₹483, price ₹439, upside +10.0%, quality 86 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range ₹186.54 – ₹751.03 · fair‑value band ₹280.93 – ₹652.09 · the ₹438.75 price screens below the ₹482.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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Axtel Industries Limited manufactures and supplies process engineering equipment and turnkey systems for food, pharmaceutical, and chemical industries in India and internationally.
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Axtel Industries Limited manufactures and supplies process engineering equipment and turnkey systems for food, pharmaceutical, and chemical industries in India and internationally. The company provides solids handling equipment, such as sack tip stations, bulk loaders, belt conveyors, screw feeders and conveyors, screw feeder with integral valves, dual tunnel diverter valves, Z-bucket elevators, cyclones, reverse jet filters, horizontal reverse jet bin filters, and octabin and tote tilters. It also offers storage and discharge equipment comprising process tanks, IBC filling and discharge stations, big bag handling systems, rotary air lock valves, knife gate and butterfly valves, bin activators, table feeders, intermediate bulk containers, outdoor storage silos, and indoor storage silos. In addition, the company provides sieving and straining/cleaning and grading equipment, including rotary and gyratory sifters, graders, destoners, zigzag classifiers, vibroscreens, and vacuum gravity separators; and size reduction equipment consisting of hammer and universal mills, nibblers, pre/lump breakers, cone and knife mills, shredders, and roller mills. Further, it offers mixing and blending process equipment, such as vertical single and twin shaft mixers, horizontal round and U-trough mixers, intensive mixers, and double cone blenders. The company also provides specialized process equipment, including steam sterilizers, molding line cooling tunnels, dryers, coolers, continuous fryers, depositor plates, cooling tunnels, shots forming machines, cheese presses, cheese portioning machines, caramel slab formers, forming and portioning machines, khoa making machines, IBC/big bag filling machines, dewatering screw presses, horizontal wiped film evaporators, scraped surface heat exchangers, shell and tube heat exchangers, dough kneaders, and drum filling machines, as well as offers project advisory and plant services. The company was incorporated in 1991 and is based in Halol, India.
Stock analysis
Axtel Industries Limited (523850) currently trades at ₹438.75, while our model-based Fair Value estimate is ₹482.63, implying the stock looks roughly 9.1% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹520.68 per share, and 10 of the 26 models we run sit above the ₹438.75 price.
Bear case: the Asset-Based group reads lowest at ₹51.70, and 16 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹280.93 (bear) to ₹652.09 (bull), the price of ₹438.75 sits inside 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 86/100 (high quality), in the Industrial Goods sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Axtel Industries Limited reported revenue of ₹2.2B in FY2026 versus ₹1.4B in FY2022, a compound +11.7%/yr. Reported net income was ₹312M in FY2026, compounding +22.5%/yr from FY2022.
Key figures
Market cap ₹3.5B (≈ $36.4M) · P/E ratio 20.6 · P/S ratio 2.87 · EPS (TTM) ₹11.66 · Dividend yield 1.3% · Net margin 13.9% · Return on equity 31.4% · Return on assets (EBIT) 14.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 31% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrial Goods peers we cover trades at −39% fair-value upside, at 10%, 523850 screens cheaper than that median.
Fair Value models
Bear ₹280.93Fair Value ₹482.63Bull ₹652.09
Price ₹438.75 · Upside +10.0%
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 (₹3.16 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.86/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+25.3%
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.
+7.5%
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.
+7.8%
Start year 2021 (pandemic). Over 10 years: +12.8% 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.
+13.7%
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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.
+10.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+9.2%
Dividend (yield on the price)1.3%
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.17.6% vs 18.3%, steady
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% → 16%
2026 sits 73% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2021 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as 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).
+9.8%
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 +5.5% a year for the price.
Compare Axtel Industries Limited with another stock
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Peer Groupⓘ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 “Diversified Machinery” was too small, so the broader sector is used.)Industrials · 5347 stocks
Beats the sector median on 9/13 measures
Overall it ranks above its sector peers.
Valuation
Quality Score86 · Top 25%
Fair Value upside+10.0% · Above median
Profitability
Return on equity (TTM)31.4% · Top 25%
Return on assets13.7% · Top 25%
Net margin (TTM)15.4% · Top 25%
Operating margin (TTM)18.6% · Top 25%
Growth and dividend
Revenue growth30.3% · Top 25%
Dividend yield (TTM)1.3% · Below median
Valuation Multiplesvs Industrials 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.
Is Axtel Industries Limited (523850) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹482.63 versus a price of ₹438.75, about +10% upside (undervalued).
What is the fair value of 523850?
Our model-based fair value for Axtel Industries Limited is ₹482.63 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹438.75.
What is the quality score of 523850?
Axtel Industries Limited has a Quality Score of 86/100. 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 Axtel Industries Limited (523850)?
Our model-based price target is the fair value of ₹482.63 (as of Oct 3, 2026) from 26 valuation models. Cautious scenario ₹280.93, optimistic scenario ₹652.09. It is a calculation from audited fundamentals, not an analyst target.
What is the Axtel Industries Limited stock forecast for 2026?
Our models put fair value at ₹482.63, about +10% upside versus a price of ₹438.75 (undervalued). Cautious scenario ₹280.93, optimistic scenario ₹652.09. The calculation is refreshed regularly with new filings.
What is the revenue of Axtel Industries Limited (523850)?
Axtel Industries Limited reported trailing-twelve-month revenue of about ₹1.2B (latest available figure, as of Oct 3, 2026).
Does Axtel Industries Limited pay a dividend?
Axtel Industries Limited currently shows a dividend yield of about 1.25% relative to its recent price (as of Oct 3, 2026).
What growth is priced into Axtel Industries Limited (523850)?
For today's price to be fair in a discounted-cash-flow model, Axtel Industries Limited would have to grow free cash flow by +9.8 % per year for five years (discount rate 12.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.8 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of 523850 use?
Our models discount Axtel Industries Limited at 12.5 %: a base by market capitalisation (nano), damped by beta 1.04, 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 Axtel Industries Limited that is +9.8 % per year a year over ten years, using the same discount rate (12.5 %) and the same formula as our fair value.
How much growth has Axtel Industries Limited (523850) delivered so far?
Over the past 5 years revenue at Axtel Industries Limited grew +7.8 % a year. The price currently implies +9.8 % 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 Axtel Industries Limited (523850) growing?
The median revenue growth in the sector is +7.4 % a year. That is the yardstick for the growth priced into Axtel Industries Limited (+9.8 % 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 Axtel Industries Limited (523850)?
The free-cash-flow yield on the price is 6.10 %: that much free cash flow Axtel Industries Limited produces per unit of market value. When it exceeds the discount rate of our models (12.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Axtel Industries Limited (523850)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Axtel Industries Limited it is ₹482.63 per share (as of Oct 3, 2026), against a price of ₹438.75. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Axtel Industries Limited stock overvalued or undervalued in 2026?
As of Oct 3, 2026, 523850 trades below its calculated fair value: price ₹438.75, fair value ₹482.63, a gap of about +10% (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 523850?
No. The price is what the market pays today (₹438.75); the fair value is what the company's own numbers justify (₹482.63). For Axtel Industries Limited the two are ₹43.88 per share apart. That gap is exactly why we show both numbers side by side.
How much is Axtel Industries Limited worth?
The market values Axtel Industries Limited at about ₹3.5B (market capitalisation, as of Oct 3, 2026). Per share that is ₹438.75; our models calculate a fair value of ₹482.63 per share.
What do the bullish and bearish scenarios say about 523850?
Our models span a range for Axtel Industries Limited: cautious scenario ₹280.93, base ₹482.63, optimistic ₹652.09 per share (as of Oct 3, 2026, price ₹438.75). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 523850?
Axtel Industries Limited trades at a price-to-earnings ratio of 20.6 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹482.63 is built from several models across several years. Other multiples: P/B 2.8, P/S 2.9, EV/EBITDA 13.3.
How solid is the balance sheet of Axtel Industries Limited (523850)?
Balance-sheet figures for Axtel Industries Limited (as of Oct 3, 2026): return on equity 31.4%. They feed the Quality Score of 86/100, which measures business quality independently of the share price.
How far is 523850 from its 52-week high?
Axtel Industries Limited trades at ₹438.75, about 14% below its 52-week high of ₹509.40 and 31% above the low of ₹334.49 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹482.63 is for.
Which stocks are comparable to Axtel Industries Limited?
From the same area (Industrial Goods) we also value DISAQ, BATLIBOI, ITL, REXNORD, 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 Axtel Industries Limited stock attractive at the current price?
The data as of Oct 3, 2026: price ₹438.75, calculated fair value ₹482.63 (+10%), Quality Score 86/100, 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 523850 calculated?
We run Axtel Industries 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 ₹482.63, 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 14.9 % above its aggregate fair value. Axtel Industries Limited currently trades 9 % 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 Axtel Industries Limited (523850)?
The closing price on Oct 1, 2026 was ₹438.75. Our model-based fair value is ₹482.63, about +10% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Axtel Industries Limited right now?
A fairly wide model range (₹280.93 to ₹652.09) leaves room in how you read the outcome. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Key figures of Axtel Industries Limited
How large is the market capitalisation of Axtel Industries Limited (523850)?
The market capitalisation of Axtel Industries Limited is ₹3.5B (≈ $36.4M). 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 Axtel Industries Limited (523850)?
The price-to-sales ratio of Axtel Industries Limited is 2.87 (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 Axtel Industries Limited (523850)?
Earnings per share at Axtel Industries Limited are ₹11.66 (price ÷ EPS = P/E 20.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Axtel Industries Limited (523850)?
The dividend yield of Axtel Industries Limited is 1.3% (payout 47.2%). 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 Axtel Industries Limited (523850)?
The net margin of Axtel Industries Limited is 13.9% (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 return on equity of Axtel Industries Limited (523850)?
The return on equity (ROE) of Axtel Industries Limited is 31.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Axtel Industries Limited (523850)?
On an EBIT basis the return on assets of Axtel Industries Limited is 14.5% (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 Axtel Industries Limited (523850)?
The operating margin of Axtel Industries Limited is 18.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Axtel Industries Limited (523850)?
Revenue at Axtel Industries Limited is growing +30.3% versus a year earlier (3y avg +7.5%). 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 Axtel Industries Limited (523850)?
Earnings per share at Axtel Industries Limited are growing +56.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Axtel Industries Limited (523850) carry?
The net debt of Axtel Industries Limited is ₹34.8M (fiscal year 2020, ≈ 0.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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