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533398 Fair Value & Analysis

Other · IN · Market cap ₹541B

5 533398 533398 · BSE
Price₹3,053
Fair Value₹6,628
Upside+117.1%
Quality45/100
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Expensive Growth
Thin margins · 0.0% net margin
Moderate debt · negative free cash flow
Evidence: High Range ₹4,971 – ₹14,402 Share as image

Fair value as of: Jul 4, 2026

From 15 valuation models · updated 34 days ago

Share price −5.1% over the past month.

Below-average quality, screening 117% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (₹4,971). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (₹4,971 to ₹14,402). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (45/100) 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)

₹4,060 ₹866.72 Fair Value ₹6,628 Feb 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 4, 2026.

How to read this chart

60‑month range ₹866.72 – ₹4,060 · fair‑value band ₹4,971 – ₹14,402 · the ₹3,053 price screens below the ₹6,628 fair value. Dashed = 300-day average. As of Jul 4, 2026.

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Analysis

533398 (533398) currently trades at ₹3,053, while our model-based Fair Value estimate is ₹6,628, implying the stock looks roughly 117.1% undervalued today. We read business quality at 45/100 (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.

Net debt stands at ₹1.4T. The stock trades on a trailing P/E of 17.2. Fundamentals as of Jul 4, 2026

Our scenario range runs from ₹4,971 (bear case) to ₹14,402 (bull case); at ₹3,053, 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 26% below its 52-week high and 24% above its 52-week low. For context, the median of 10 Other peers we cover trades at -16% fair-value upside, at 117%, 533398 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 BearBaseBull Evidence
Highest evidence
Residual Income ₹4,256 ₹5,814 ₹39,131 76
ROIC Compounder ₹932.99 ₹1,506 ₹2,015 72
Growth-Adj P/E ₹8,642 ₹12,346 ₹16,049 68
All 15 models by family
DCF Models
Owner Earnings ₹6,336 ₹14,957 ₹31,607 31
Earnings-Based
Graham-Dodd ₹4,066 ₹21,774 ₹30,167 54
Lynch FV ₹6,015 ₹8,593 ₹11,171 50
PEG = 1.0 ₹6,015 ₹8,593 ₹11,171 46
EPV ₹932.99 ₹1,506 ₹2,015 59
Multiples
P/E Multiple ₹8,970 ₹11,959 ₹14,949 63
P/S Multiple ₹2,145 ₹2,860 ₹3,576 58
P/B Multiple ₹4,971 ₹6,628 ₹8,285 55
EV/EBIT ₹3,234 ₹5,084 ₹6,933 53
EV/EBITDA ₹1,769 ₹3,130 ₹4,491 54
EV/Revenue ₹546.68 ₹1,405 43
Asset-Based
NCAV (Graham) ₹1,105 ₹1,480 ₹2,209 50
Economic Profit
Residual Income ₹4,256 ₹5,814 ₹39,131 76
ROIC Compounder ₹932.99 ₹1,506 ₹2,015 72
Growth Earnings
Growth-Adj P/E ₹8,642 ₹12,346 ₹16,049 68

Widest divergence: DCF Models (₹14,957) versus Asset-Based (₹1,480). Highest evidence: Residual Income (76).

Key figures & financial health

Free cash flow −₹475B FY2025
P/E ratio 17.2
EPS (TTM) ₹78.20
Net debt ₹1.4T FY2025

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 41 · Market factors (momentum, volatility) 45

Profitability 50
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 45
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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

533398 reported revenue of ₹203B in FY2025 versus ₹121B in FY2021, a compound +13.7%/yr. Reported net income was ₹106B in FY2025, compounding +27.4%/yr from FY2021.

Growth Quality 54/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
₹203B
Latest YoY
+0.2%
Avg. growth/yr (3Y)
+19.4%
Avg. growth/yr (5Y)
+12.3%
Avg. growth/yr (10Y)
+15.2%
Revenue +13.7%/yr
FY21 ₹121B
FY22 ₹119B
FY23 ₹151B
FY24 ₹202B
FY25 ₹203B
Net income +27.4%/yr
FY21 ₹40.2B
FY22 ₹36.1B
FY23 ₹43.2B
FY24 ₹53.3B
FY25 ₹106B

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Cite: Fair Value Calculator (2026). "533398 Fair Value". https://www.fairvalue-calculator.com/stock/533398

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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Frequently asked questions

Is 533398 overvalued or undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹6,628 versus a price of ₹3,053, about +117% (undervalued).
What is the fair value of 533398?
Our model-based fair value for 533398 is ₹6,628 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹3,053.
What is the quality score of 533398?
533398 has a Quality Score of 45/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the net profit margin of 533398?
The net profit margin of 533398 is about 0.0%, meaning it keeps roughly 0.0% 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.

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