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Alphageo (India) Limited (ALPHAGEO) Fair Value & Analysis

Energy · IN · Market cap ₹1.3B

AI Alphageo (India) Limited ALPHAGEO · NSE
Price₹220.13
Fair Value₹392.43
Upside+78.3%
Quality53/100
Weak Growth
Loss-making · -12.4% net margin
Low debt · generates free cash flow
2.42% dividend yield
Mixed vs. peers (6/11)
Narrow moat 12/100
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Evidence: Medium Range ₹328.98 – ₹455.88 Share as image

Fair value as of: Aug 2, 2026

From 10 valuation models · updated yesterday

Share price +11.0% over the past month.

A solid business, screening 78% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (₹328.98). The market is more pessimistic than our downside scenario.
  • Solid quality (53/100) 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)

₹487.43 ₹157.90 Fair Value ₹392.43 Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹157.90 – ₹487.43 · fair‑value band ₹328.98 – ₹455.88 · the ₹220.13 price screens below the ₹392.43 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Alphageo (India) Limited (ALPHAGEO) currently trades at ₹220.13, while our model-based Fair Value estimate is ₹392.43, implying the stock looks roughly 78.3% undervalued today. We read business quality at 53/100 (solid quality), in the Energy 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: medium), always confirm before acting.

Over the trailing twelve months, Alphageo (India) Limited generated revenue of ₹1.1B at a net margin of -12.4%. Revenue declined 30.1% year over year. It earns a return on equity of -5.3%. The balance sheet holds a net cash position of ₹1.2B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹328.98 (bear case) to ₹455.88 (bull case); at ₹220.13, the current price sits below that range. The share trades about 24% below its 52-week high and 34% above its 52-week low, currently below its 200-day average. For context, the median of 10 Energy peers we cover trades at -36% fair-value upside, at 78%, ALPHAGEO 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
Growth DCF ₹512.44 ₹695.51 ₹951.97 80
Rev-Margin DCF ₹486.19 ₹685.82 ₹937.18 74
Gordon GGM ₹62.15 ₹112.00 ₹154.18 70
All 10 models by family
DCF Models
FCF DCF ₹515.87 ₹720.18 ₹1,023 38
Owner Earnings ₹186.43 ₹189.79 ₹194.75 31
5Y Revenue Exit ₹486.19 ₹688.21 ₹955.77 39
10Y Revenue Exit ₹485.22 ₹668.16 ₹935.05 36
Dividend Discount
Gordon GGM ₹62.15 ₹112.00 ₹154.18 70
DDM Multi-Stage ₹62.15 ₹102.31 ₹119.64 61
Multiples
EV/Revenue ₹477.40 ₹604.45 ₹731.50 43
Asset-Based
NCAV (Graham) ₹199.04 ₹266.71 ₹398.08 50
Growth DCF
Growth DCF ₹512.44 ₹695.51 ₹951.97 80
Rev-Margin DCF ₹486.19 ₹685.82 ₹937.18 74

Widest divergence: Growth DCF (₹685.82) versus Dividend Discount (₹102.31). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) ₹1.1B
Revenue growth (YoY) -30.1%
Net margin -12.4%
Return on equity -5.3%
Free cash flow ₹207M FY2026
Operating margin -8.5%
More key figures
EPS (TTM) ₹-21.83
Dividend yield 2.4%
EPS growth (YoY) -78.4%
Net cash ₹1.2B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 62 · Market factors (momentum, volatility) 45

Profitability 4
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 81
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 71
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 31
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

Alphageo (India) Limited engages in the provision of geophysical seismic data acquisition, processing, and interpretation services for exploration of hydrocarbons and minerals in India.

Full company description

Alphageo (India) Limited engages in the provision of geophysical seismic data acquisition, processing, and interpretation services for exploration of hydrocarbons and minerals in India. The company offers seismic data acquisition services, such as designing and preplanning of 2D, 3D, 4D, and 3C surveys; seismic data processing of data, reprocessing, special processing, including pre-stack imaging, and AVO inversion; and structural and stratigraphic interpretation, generation, evaluation and ranking of prospects, and evaluation of blocks for exploration. It also provides consultancy on 3D, 4D, and 3C surveys; EM and GM services API; reservoir data acquisition; reservoir analysis; tape transcription and digitization of hard copies of maps, seismic sections and well logs into CGM, SEGY, and LAS formats; third party QC for acquisition and processing; topographic surveys with GPS and RTK; airborne surveys for mineral exploration; and geophysical mapping surveys through gravity and magnetic methods for identification of potential areas from mineral prognostication point of view. The company was incorporated in 1987 and is headquartered in Hyderabad, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Alphageo (India) Limited reported revenue of ₹1.1B in FY2026 versus ₹1.5B in FY2022, a compound −7.7%/yr. Reported net income was −₹139M in FY2026.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹1.1B
Latest YoY
−10.7%
Avg. growth/yr (3Y)
+19.4%
Avg. growth/yr (5Y)
−4.8%
Avg. growth/yr (20Y)
+8.0%
Revenue −7.7%/yr
FY22 ₹1.5B
FY23 ₹659M
FY24 ₹987M
FY25 ₹1.3B
FY26 ₹1.1B
Net income
FY22 ₹122M
FY23 ₹130M
FY24 ₹3.8M
FY25 −₹61.1M
FY26 −₹139M

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Cite: Fair Value Calculator (2026). "Alphageo (India) Limited Fair Value". https://www.fairvalue-calculator.com/stock/ALPHAGEO.NSE

Peer Group

Oil & Gas Equipment & Services · 199 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 53 · Above median
Fair Value upside +78% · Top 25%
Return on assets -5% · Bottom 25%
Net margin (TTM) -12% · Bottom 25%
Operating margin (TTM) -8% · Bottom 25%
Revenue growth -30% · Bottom 25%
Dividend yield (TTM) 2.4% · Above median

Valuation Multiples vs Oil & Gas Equipment & Services median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 0.1× · 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 4
FUTURE 0 · sector 0
PAST 0 · sector 27
HEALTH 100 · sector 93
DIVIDEND 48 · sector 31

Values & ESG

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

Oil & gas

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

Similar stocks

10 more Oil & Gas Equipment & Services stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
SLB N.V SLBN 836.00 MXN 533.97 MXN -36%
Baker Hughes Company BKR $55.95 $33.55 -40%
TechnipFMC plc FTI $74.57 $27.57 -63%
Halliburton Company HAL $35.22 $21.50 -39%
Tenaris S.A TS $57.16 $45.68 -20%
Yantai Jereh Oilfield Services Group 002353 ¥138.79 ¥34.17 -75%
Saipem SpA SPM €4.20 €2.72 -35%
Subsea 7 S.A SUBC kr 319.00 kr 227.98 -29%
China Oilfield Services Limited 601808 ¥11.20 ¥11.43 +2%
Gaztransport & Technigaz SA GTT €188.10 €95.01 -49%

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Frequently asked questions

Is Alphageo (India) Limited (ALPHAGEO) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹392.43 versus a price of ₹220.13, about +78% (undervalued).
What is the fair value of ALPHAGEO?
Our model-based fair value for Alphageo (India) Limited is ₹392.43 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹220.13.
What is the quality score of ALPHAGEO?
Alphageo (India) Limited has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alphageo (India) Limited (ALPHAGEO)?
Alphageo (India) Limited reported trailing-twelve-month revenue of about ₹1.1B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of ALPHAGEO?
The net profit margin of Alphageo (India) Limited is about -12.4%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Alphageo (India) Limited pay a dividend?
Alphageo (India) Limited currently shows a dividend yield of about 2.42% relative to its recent price (as of Aug 2, 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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