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Navkar Builders Limited (531494) Fair Value & Analysis

Other · IN · Market cap ₹229M

NB Navkar Builders Limited 531494 · BSE
Price₹0.9700
Fair Value₹2.03
Upside+109.3%
Quality59/100
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Expensive Growth
Thin margins · 0.8% net margin
Low debt · generates free cash flow
0.44% dividend yield
Ranks above peers (9/12)
Narrow moat 19/100
Evidence: High Range ₹1.49 – ₹2.57 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 5 days ago

A solid business, screening 109% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (₹1.49). The market is more pessimistic than our downside scenario.
  • Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

₹4.19 ₹0.3432 Fair Value ₹2.03 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹0.3432 – ₹4.19 · fair‑value band ₹1.49 – ₹2.57 · the ₹0.9700 price screens below the ₹2.03 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Navkar Builders Limited (531494) currently trades at ₹0.9700, while our model-based Fair Value estimate is ₹2.03, implying the stock looks roughly 109.3% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Other 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: high), always confirm before acting.

Over the trailing twelve months, Navkar Builders Limited generated revenue of ₹339M at a net margin of 0.8%. Revenue declined 83.1% year over year. Net debt stands at ₹27.1M. The stock trades on a trailing P/E of 3.3 (as of Jul 4, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹1.49 (bear case) to ₹2.57 (bull case); at ₹0.9700, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 67% below its 52-week high and 35% above its 52-week low. For context, the median of 10 Other peers we cover trades at -24% fair-value upside, at 109%, 531494 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF ₹0.2500 ₹0.5100 ₹0.8600 80
Residual Income ₹4.26 ₹3.86 ₹2.58 76
Rev-Margin DCF ₹0.6800 ₹1.48 ₹2.60 74
All 24 models by family
DCF Models
FCF DCF ₹0.2700 ₹0.4900 ₹0.9800 38
Owner Earnings ₹1.50 ₹2.81 ₹4.96 31
5Y Revenue Exit ₹0.6800 ₹1.52 ₹2.76 39
5Y EBITDA Exit ₹0.8100 ₹1.81 ₹3.17 41
5Y P/E Exit ₹0.9600 ₹2.14 ₹3.62 38
10Y Revenue Exit ₹0.4700 ₹1.15 ₹2.30 36
10Y EBITDA Exit ₹0.5800 ₹1.34 ₹2.68 37
10Y P/E Exit ₹0.6700 ₹1.56 ₹3.03 35
Earnings-Based
Graham-Dodd ₹0.8500 ₹5.20 ₹7.26 54
Lynch FV ₹1.49 ₹2.13 ₹2.77 50
PEG = 1.0 ₹1.49 ₹2.13 ₹2.77 46
EPV ₹0.7900 ₹0.9000 ₹0.9900 59
Multiples
P/E Multiple ₹1.59 ₹2.12 ₹2.65 63
P/S Multiple ₹1.11 ₹1.49 ₹1.86 58
P/B Multiple ₹1.59 ₹2.12 ₹2.65 55
EV/EBIT ₹1.46 ₹1.98 ₹2.50 53
EV/EBITDA ₹1.23 ₹1.68 ₹2.12 54
EV/Revenue ₹0.9400 ₹1.38 ₹1.83 43
Asset-Based
NCAV (Graham) ₹3.39 ₹4.54 ₹6.78 50
Growth DCF
Growth DCF ₹0.2500 ₹0.5100 ₹0.8600 80
Rev-Margin DCF ₹0.6800 ₹1.48 ₹2.60 74
Economic Profit
Residual Income ₹4.26 ₹3.86 ₹2.58 76
ROIC Compounder ₹0.7900 ₹0.9000 ₹0.9900 72
Growth Earnings
Growth-Adj P/E ₹1.96 ₹2.80 ₹3.64 68

Widest divergence: Asset-Based (₹4.54) versus Growth DCF (₹0.5100). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹339M
Revenue growth (YoY) -83.1%
Net margin 0.8%
Free cash flow ₹8.4M FY2026
P/E ratio 3.3 as of Jul 4, 2026
Operating margin 4.5%
More key figures
EPS (TTM) ₹0.1320
Dividend yield 0.4%
EPS growth (YoY) -63.6%
Net debt ₹27.1M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 57 · Market factors (momentum, volatility) 28

Profitability 23
Margins and returns on capital today
Quality Growth 82
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 59
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Navkar Builders Limited manufactures and supplies ready mix concrete in India. It offers ready mix concrete for construction projects, such as dams, canals, housing/commercial projects, and industrial structures, as well as small and medium projects; and reinforced cement concrete pipes. The company was incorporated in 1992 and is based in Ahmedabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Navkar Builders Limited reported revenue of ₹234M in FY2026 versus ₹136M in FY2022, a compound +14.4%/yr. Reported net income was ₹29.4M in FY2026, compounding +33.9%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹234M
Latest YoY
+45.5%
Avg. growth/yr (3Y) 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.
+25.2%
Avg. growth/yr (5Y) 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.
+25.8%
Avg. growth/yr (12Y) 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.
−7.4%
Revenue +14.4%/yr
FY22 ₹136M
FY23 ₹119M
FY24 ₹187M
FY25 ₹161M
FY26 ₹234M
Net income +33.9%/yr
FY22 ₹9.2M
FY23 ₹12.9M
FY24 ₹10.2M
FY25 ₹3.1M
FY26 ₹29.4M

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Cite: Fair Value Calculator (2026). "Navkar Builders Limited Fair Value". https://www.fairvalue-calculator.com/stock/531494

Peer Group

Other · 373 stocks

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.

Quality Score 59 · Above median
Fair Value upside +109% · Top 25%
Return on assets 0% · Top 25%
Net margin (TTM) 1% · Above median
Operating margin (TTM) 4% · Top 25%
Revenue growth -83% · Bottom 25%
Dividend yield (TTM) 0.4% · Below median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Other median · lower = cheaper

P/E (TTM) 3.3× · Cheaper than 75% of peers
P/FCF 0.3× · Pricier than 75% of peers
EV/EBITDA 1.8× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 9
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 98 · sector 97
DIVIDEND 9 · sector 31

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Wipro Limited 507685 ₹183.80 ₹193.38 +5%
540376 540376 ₹4,054 ₹1,542 -62%
540777 540777 ₹537.50 ₹149.72 -72%
Lupin Limited 500257 ₹2,265 ₹1,983 -12%
Dabur India Limited 500096 ₹413.80 ₹122.93 -70%
540719 540719 ₹1,835 ₹872.41 -52%

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Frequently asked questions

Is Navkar Builders Limited (531494) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹2.03 versus a price of ₹0.9700, about +109% (undervalued).
What is the fair value of 531494?
Our model-based fair value for Navkar Builders Limited is ₹2.03 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹0.9700.
What is the quality score of 531494?
Navkar Builders Limited has a Quality Score of 59/100. 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 revenue of Navkar Builders Limited (531494)?
Navkar Builders Limited reported trailing-twelve-month revenue of about ₹339M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 531494?
The net profit margin of Navkar Builders Limited is about 0.8%, meaning it keeps roughly 0.8% of revenue as net income. Based on the latest reported figures.
Does Navkar Builders Limited pay a dividend?
Navkar Builders Limited currently shows a dividend yield of about 0.44% relative to its recent price (as of Aug 13, 2026).

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.

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