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Multibase India Limited (526169) Fair Value & Analysis

Other · IN · Market cap ₹1.7B

MI Multibase India Limited 526169 · BSE
Price₹178.95
Fair Value₹136.86
Upside-23.5%
Quality56/100
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Evidence: High Range ₹105.35 – ₹169.79

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price −3.3% over the past month.

Price vs Fair Value (12 months)

₹295.10 ₹160.60 Fair Value ₹136.86 Jul 2025 Jul 2026

12‑month range ₹160.60 – ₹295.10 · fair‑value band ₹105.35 – ₹169.79 · the ₹178.95 price screens above the ₹136.86 fair value. As of Jul 4, 2026.

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Analysis

Multibase India Limited (526169) currently trades at ₹178.95, while our model-based Fair Value estimate is ₹136.86 — implying the stock looks roughly 23.5% overvalued today. We read business quality at 56/100 (solid quality), in the Other 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, Multibase India Limited generated revenue of ₹461M at a net margin of 10.1%. Revenue declined 2.2% year over year. It earns a return on equity of 4.4%. The stock trades on a trailing P/E of 36.6. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹461M
Revenue growth (YoY) -2.2%
Net margin 10.1%
Return on equity 4.4%
Free cash flow ₹108M FY2026
P/E ratio 36.6
More key figures
Operating margin 5.2%
EPS (TTM) ₹3.67
EPS growth (YoY) -9.9%

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

About the company

Multibase India Limited manufactures and trades in thermoplastic elastomers and silicone-based products in India and internationally. The company provides polypropylene compounds, silicon masterbatches, and thermoplastic masterbatches. It serves automotive, and building and construction segments. The company was formerly known as Synergy Multibase Limited and changed its name to Multibase India Limited in 2007. The company was incorporated in 1991 and is based in Mumbai, India. Multibase India Limited is a subsidiary of Multibase SA.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Multibase India Limited reported revenue of ₹666M in FY2026 versus ₹625M in FY2022, a compound +1.6%/yr. Reported net income was ₹104M in FY2026, compounding +13.2%/yr from FY2022.

Revenue +1.6%/yr
FY22 ₹625M
FY23 ₹722M
FY24 ₹647M
FY25 ₹707M
FY26 ₹666M
Net income +13.2%/yr
FY22 ₹63.4M
FY23 ₹97.9M
FY24 ₹112M
FY25 ₹147M
FY26 ₹104M

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Frequently asked questions

Is Multibase India Limited (526169) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹136.86 versus a price of ₹178.95 — about −24% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 526169?
Our model-based fair value for Multibase India Limited is ₹136.86 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹178.95.
What is the quality score of 526169?
Multibase India Limited has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Multibase India Limited (526169)?
Multibase India Limited reported trailing-twelve-month revenue of about ₹461M (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 526169?
The net profit margin of Multibase India Limited is about 10.1%, meaning it keeps roughly 10.1% 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.