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Niraj Cement Structurals Limited (532986) Fair Value & Analysis

Other · IN · Market cap ₹1.6B

NC Niraj Cement Structurals Limited 532986 · BSE
Price₹29.56
Fair Value₹79.89
Upside+170.3%
Quality35/100
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Evidence: High Range ₹59.92 – ₹99.86

Fair value as of: Jul 4, 2026

From 15 valuation models · updated today

Share price −0.1% over the past month.

Price vs Fair Value (12 months)

₹56.67 ₹20.69 Fair Value ₹79.89 Jun 2025 Jul 2026

12‑month range ₹20.69 – ₹56.67 · fair‑value band ₹59.92 – ₹99.86 · the ₹29.56 price screens below the ₹79.89 fair value. As of Jul 4, 2026.

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Analysis

Niraj Cement Structurals Limited (532986) currently trades at ₹29.56, while our model-based Fair Value estimate is ₹79.89 — implying the stock looks roughly 170.3% undervalued today. We read business quality at 35/100 (below-average 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, Niraj Cement Structurals Limited generated revenue of ₹1.3B at a net margin of 1.3%. Revenue grew 12.2% year over year. The stock trades on a trailing P/E of 49.5. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹1.3B
Revenue growth (YoY) +12.2%
Net margin 1.3%
P/E ratio 49.5
Operating margin 2.9%
EPS (TTM) ₹0.8570
More key figures
EPS growth (YoY) -15.4%

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

About the company

Niraj Cement Structurals Limited executes various infrastructure development projects in India. It constructs highways, expressways, turnkey project roads, bridges, tunnels, etc.; and water supply and drainage, irrigation, land storm water drainage, and other infrastructural works. The company also rents construction equipment, including ready mix concrete units, crushing units, and concrete slipform pavers, as well as motor graders, excavators, JCBs, rollers, hotmix plants, BT pavers, and allied construction equipment. Niraj Cement Structurals Limited was founded in 1972 and is based in Mumbai, India.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Niraj Cement Structurals Limited reported revenue of ₹5.1B in FY2025 versus ₹1.7B in FY2021, a compound +30.5%/yr. Reported net income was ₹151M in FY2025, compounding +83.7%/yr from FY2021.

Revenue +30.5%/yr
FY21 ₹1.7B
FY22 ₹3.6B
FY23 ₹6.1B
FY24 ₹4.7B
FY25 ₹5.1B
Net income +83.7%/yr
FY21 ₹13.2M
FY22 ₹24.3M
FY23 ₹43.3M
FY24 ₹97.2M
FY25 ₹151M

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Frequently asked questions

Is Niraj Cement Structurals Limited (532986) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹79.89 versus a price of ₹29.56 — about +170% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 532986?
Our model-based fair value for Niraj Cement Structurals Limited is ₹79.89 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹29.56.
What is the quality score of 532986?
Niraj Cement Structurals Limited has a Quality Score of 35/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Niraj Cement Structurals Limited (532986)?
Niraj Cement Structurals Limited reported trailing-twelve-month revenue of about ₹1.3B (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 532986?
The net profit margin of Niraj Cement Structurals Limited is about 1.3%, meaning it keeps roughly 1.3% 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.