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Antarctica Limited (ANTGRAPHIC) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹127M

AL Antarctica Limited ANTGRAPHIC · NSE
Price₹0.7300
Fair Value₹0.7310
Upside+0.1%
Quality42/100
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Expensive Growth
Thin margins · 5.1% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/9)
Narrow moat 28/100
Evidence: Low Range ₹0.4845 – ₹0.9860 Share as image

Fair value as of: Aug 2, 2026

From 7 valuation models · updated 11 days ago

Share price −6.4% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (₹0.4845 to ₹0.9860) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

₹3.20 ₹0.4500 Fair Value ₹0.7310 Nov 2019 Aug 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 ₹0.4500 – ₹3.20 · fair‑value band ₹0.4845 – ₹0.9860 · the ₹0.7300 price screens below the ₹0.7310 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Antarctica Limited (ANTGRAPHIC) currently trades at ₹0.7300, while our model-based Fair Value estimate is ₹0.7310, implying the stock looks roughly 0.1% fairly valued today. The Quality Score stands at 42/100 (below-average quality), in the Consumer Cyclical 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: low), always confirm before acting.

Over the trailing twelve months, Antarctica Limited generated revenue of ₹392M at a net margin of 5.1%. Revenue grew 25.9% year over year. It earns a return on equity of 7.6%. Net debt stands at ₹50.6M. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹0.4845 (bear case) to ₹0.9860 (bull case); at ₹0.7300, the current price sits within 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 46% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at 0%, ANTGRAPHIC 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
ROIC Compounder ₹0.2200 ₹0.2900 ₹0.3400 72
EPV ₹0.2200 ₹0.2900 ₹0.3400 59
EV/EBITDA ₹0.8600 ₹1.26 ₹1.66 54
All 7 models by family
DCF Models
Owner Earnings ₹0.0600 ₹0.4300 ₹1.08 31
Earnings-Based
EPV ₹0.2200 ₹0.2900 ₹0.3400 59
Multiples
EV/EBIT ₹0.5700 ₹0.8600 ₹1.16 53
EV/EBITDA ₹0.8600 ₹1.26 ₹1.66 54
EV/Revenue ₹0.4500 ₹0.7800 ₹1.11 43
Asset-Based
NCAV (Graham) ₹0.5100 ₹0.6900 ₹1.03 50
Economic Profit
ROIC Compounder ₹0.2200 ₹0.2900 ₹0.3400 72

Widest divergence: Multiples (₹0.8600) versus Earnings-Based (₹0.2900). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) ₹392M
Revenue growth (YoY) +25.9%
Net margin 5.1%
Return on equity 7.6%
Free cash flow −₹25.7M FY2025
Operating margin -0.9%
More key figures
EPS (TTM) ₹-0.0300
EPS growth (YoY) -75.0%
Net debt ₹50.6M FY2025

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 41 · Market factors (momentum, volatility) 30

Profitability 14
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 35
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

Antarctica Limited engages in printing and packaging business in India. The company provides folding cartons with inner liner for powers, granulated materials and liquids lock bottom, and reverse tuck-in boxes; and hard tag double chambered tea bags with or without outer envelopes, as well as printed hard tags for tea bag making.

Full company description

Antarctica Limited engages in printing and packaging business in India. The company provides folding cartons with inner liner for powers, granulated materials and liquids lock bottom, and reverse tuck-in boxes; and hard tag double chambered tea bags with or without outer envelopes, as well as printed hard tags for tea bag making. It also offers printed and PE coated paper cups; and books, brochures, labels, and posters. In addition, the company is engaged in book printing and finishing, and contract packaging. Further, it provides scanning, color separation, designing, machine proof, output at high resolution, and pre-press services. The company exports its products to Sri Lanka, the Middle East, the United Arab Emirates, Russia, Kazakhistan, Nepal, and internationally. The company was incorporated in 1991 and is based in Kolkata, India.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Antarctica Limited reported revenue of ₹250M in FY2025 versus ₹10.8M in FY2021, a compound +119.6%/yr. Reported net income was −₹3.2M in FY2025.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
₹250M
Latest YoY
+2,884.3%
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.
+189.5%
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.
+80.2%
Avg. growth/yr (20Y) 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.
+9.6%
Revenue +119.6%/yr
FY21 ₹10.8M
FY22 ₹10.3M
FY23 ₹6.8M
FY24 ₹8.4M
FY25 ₹250M
Net income
FY21 ₹170K
FY22 ₹151K
FY23 −₹50.0K
FY24 −₹4.3M
FY25 −₹3.2M

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

Peer Group

Packaging & Containers · 273 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 42 · Bottom 25%
Fair Value upside +0% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 2% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) -1% · Bottom 25%
Revenue growth 26% · Top 25%
Debt / equity 0.33× · Higher than median

Valuation Multiples vs Packaging & Containers median · lower = cheaper

EV/EBITDA 1.3× · 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 33 · sector 10
FUTURE 100 · sector 0
PAST 30 · sector 21
HEALTH 84 · sector 92
DIVIDEND 0 · sector 42

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.

Similar stocks

10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Stora Enso Oyj STER kr 101.90 kr 126.39 +24%
ShenZhen YUTO Packaging Technology Co 002831 ¥29.10 ¥20.88 -28%
SCG Packaging Public Company SCGP 29.00 THB 16.12 THB -44%
AblePrint Technology Co 7734 2,850 TWD 661.69 TWD -77%
PT Fajar Surya Wisesa Tbk, FASW 5,312 IDR 1,194 IDR -78%
Taiwan Hon Chuan Enterprise Co 9939 132.50 TWD 127.06 TWD -4%
Time Technoplast Limited TIMETECHNO ₹206.82 ₹161.42 -22%
EPL Limited 500135 ₹222.25 ₹111.65 -50%
Ton Yi Industrial Corp 9907 15.15 TWD 23.17 TWD +53%
Dongwon Systems Corporation 014820 19,330 KRW 31,473 KRW +63%

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Frequently asked questions

Is Antarctica Limited (ANTGRAPHIC) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹0.7310 versus a price of ₹0.7300, about +0% (fairly valued).
What is the fair value of ANTGRAPHIC?
Our model-based fair value for Antarctica Limited is ₹0.7310 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹0.7300.
What is the quality score of ANTGRAPHIC?
Antarctica Limited has a Quality Score of 42/100. 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 Antarctica Limited (ANTGRAPHIC)?
Antarctica Limited reported trailing-twelve-month revenue of about ₹392M (latest available figure, as of Aug 2, 2026).
What is the net profit margin of ANTGRAPHIC?
The net profit margin of Antarctica Limited is about 5.1%, meaning it keeps roughly 5.1% 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.

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