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Rajdarshan Industries Limited (ARENTERP) Fair Value & Analysis

Basic Materials · IN · Market cap ₹102M (≈ $1.1M) · ISIN INE610C01014

What is Rajdarshan Industries Limited really worth?

RI Rajdarshan Industries Limited ARENTERP · BSE
Price₹32.73
Fair Value₹18.71
Upside−42.8%
Quality53/100

A solid business, but trading 75% above our fair value of ₹18.71.

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Risks

!Weak Growth (revenue 3y −33.0 %/yr)
!Loss-making · -11.2% net margin
!Low debt · negative free cash flow
!Narrow moat 16/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range ₹12.35 – ₹23.39

Fair value as of: Sep 2, 2026

From 1 valuation models · updated today

Share price −22.1% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹23.39). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹12.35 to ₹23.39) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

₹85.36 ₹8.70 Fair Value ₹18.71 Sep 2020 Sep 2026

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

How to read this chart

60‑month range ₹8.70 – ₹85.36 · fair‑value band ₹12.35 – ₹23.39 · the ₹32.73 price screens above the ₹18.71 fair value. Dashed = 300-day average. As of Sep 2, 2026.

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Analysis

Rajdarshan Industries Limited (ARENTERP) currently trades at ₹32.73, while our model-based Fair Value estimate is ₹18.71, implying the stock looks roughly 74.9% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Basic Materials sector. How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the evidence level at low.

Over the trailing twelve months, Rajdarshan Industries Limited generated revenue of ₹5.7M at a net margin of −30.8%. Revenue grew 56.9% year over year. It earns a return on equity of −0.8%. Net debt stands at ₹3.9M. Fundamentals as of Sep 2, 2026

Our scenario range runs from ₹12.35 (bear case) to ₹23.39 (bull case); at ₹32.73, the current price sits above 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 45% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at −37% fair-value upside, at −43%, ARENTERP screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
NCAV (Graham) best evidence ₹32.88 ₹44.06 ₹65.77 54
All 1 models by family
Asset-Based
NCAV (Graham) best evidence ₹32.88 ₹44.06 ₹65.77 54

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Key figures & financial health

P/S ratio 22.7 TTM
EPS (TTM) ₹−0.5700
Net margin −30.8% FY2026
Return on equity −0.8% TTM
Return on assets (EBIT) −1.5% avg 5y
Operating margin −97.9% TTM
More key figures
Growth
Revenue (TTM) ₹5.7M TTM
Revenue growth (YoY) +56.9% 3y avg −33.0%
EPS growth (YoY) −38.6%
Balance sheet & cash flow
Free cash flow −₹4.1M FY2026
Net debt ₹3.9M FY2024

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

Quality Score breakdown

Overall quality 53/100

Of which business quality 54 · Market factors (momentum, volatility) 25

Profitability 6
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 2
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Rajdarshan Industries Limited engages in the trading of quartz grit and powder, and consumables used in the production of quartz stone in India. It is also involved in the project management, marketing consultancy, limestone, cement plant, marble and mines machine activities, as well as trading in minerals. The company was formerly known as A.R.

Full company description

Rajdarshan Industries Limited engages in the trading of quartz grit and powder, and consumables used in the production of quartz stone in India. It is also involved in the project management, marketing consultancy, limestone, cement plant, marble and mines machine activities, as well as trading in minerals. The company was formerly known as A.R. Enterprises Limited. Rajdarshan Industries Limited was incorporated in 1980 and is based in Udaipur, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Rajdarshan Industries Limited reported revenue of ₹5.7M in FY2026 versus ₹4.4M in FY2022, a compound +7.1%/yr. Reported net income was −₹1.8M in FY2026.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹5.7M
Latest YoY
−63.5%
Avg. revenue 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.
−33.0%
Avg. revenue growth/yr (9Y) 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.
−8.1%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue +7.1%/yr
FY22 ₹4.4M
FY23 ₹19.0M
FY24 ₹15.8M
FY25 ₹15.7M
FY26 ₹5.7M
Net income
FY22 ₹5.5M
FY23 ₹3.0M
FY24 ₹7.2M
FY25 ₹2.3M
FY26 −₹1.8M

ARENTERP screens 75% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Rajdarshan Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/ARENTERP.BSE

Peer Group

Other Industrial Metals & Mining · 484 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 49 · Above median
Fair Value upside −55% · Below median
Return on assets −1% · Above median
Net margin (TTM) −31% · Bottom 25%
Operating margin (TTM) −98% · Bottom 25%
Revenue growth 57% · Top 25%

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

P/S (TTM) 0.24× · Cheaper than 75% of peers

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

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Sep 2, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHP A$66.84 A$42.16 −37%
Vale S.A VALE $15.31 $8.95 −42%
Saudi Arabian Mining Company 1211 65.50 SAR 33.87 SAR −48%
CMOC Group 603993 ¥18.42 ¥16.15 −12%
Teck Resources Limited TECK $69.34 $32.02 −54%
Hindustan Zinc Limited HINDZINC ₹573.00 ₹508.34 −11%
China Tungsten And Hightech Materials Co 000657 ¥66.76 ¥9.55 −86%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥41.02 ¥10.59 −74%
Western Mining Co 601168 ¥37.85 ¥25.99 −31%
Boliden AB BOL kr 527.80 kr 461.48 −13%

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Frequently asked questions

Is Rajdarshan Industries Limited (ARENTERP) overvalued or undervalued?
As of Sep 2, 2026, our model estimates a fair value of ₹18.71 versus a price of ₹32.73, about −43% upside (overvalued).
What is the fair value of ARENTERP?
Our model-based fair value for Rajdarshan Industries Limited is ₹18.71 (as of Sep 2, 2026), built from audited fundamentals. The current price: ₹32.73.
What is the quality score of ARENTERP?
Rajdarshan Industries Limited has a Quality Score of 53/100. 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 Rajdarshan Industries Limited (ARENTERP)?
Rajdarshan Industries Limited reported trailing-twelve-month revenue of about ₹5.7M (latest available figure, as of Sep 2, 2026).
What is the net profit margin of ARENTERP?
The net profit margin of Rajdarshan Industries Limited is about −30.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
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