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Rajdarshan Industries Limited (ARENTERP) Fair Value & Analysis

Basic Materials · IN · Market cap ₹120M

RI Rajdarshan Industries Limited ARENTERP · NSE
Price₹41.46
Fair Value₹37.42
Upside-9.7%
Quality36/100
Expensive Growth
Loss-making · -30.8% net margin
Low debt · negative free cash flow
Ranks above peers (7/9)
Narrow moat 14/100
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Evidence: Low Range ₹24.70 – ₹46.78 Share as image

Fair value as of: Aug 2, 2026

From 1 valuation models · updated yesterday

Share price +14.7% 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 (₹24.70 to ₹46.78) 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)

₹85.21 ₹10.90 Fair Value ₹37.42 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 ₹10.90 – ₹85.21 · fair‑value band ₹24.70 – ₹46.78 · the ₹41.46 price screens above the ₹37.42 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Rajdarshan Industries Limited (ARENTERP) currently trades at ₹41.46, while our model-based Fair Value estimate is ₹37.42, implying the stock looks roughly 9.7% fairly valued today. We read business quality at 36/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: 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%. The balance sheet holds a net cash position of ₹1.0M. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹24.70 (bear case) to ₹46.78 (bull case); at ₹41.46, the current price sits within that range. The share trades about 34% below its 52-week high and 38% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -34% fair-value upside, at -10%, ARENTERP 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
NCAV (Graham) ₹13.96 ₹18.71 ₹27.93 50
All 1 models by family
Asset-Based
NCAV (Graham) ₹13.96 ₹18.71 ₹27.93 50

Key figures & financial health

Revenue (TTM) ₹5.7M
Revenue growth (YoY) +56.9%
Net margin -30.8%
Return on equity -0.8%
Free cash flow −₹4.1M FY2026
Operating margin -97.9%
More key figures
EPS (TTM) ₹-0.5700
EPS growth (YoY) -38.6%
Net cash ₹1.0M FY2026

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

Quality Score breakdown

Overall quality 36/100

Of which business quality 39 · Market factors (momentum, volatility) 34

Profitability 6
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 25
Distance to the 52-week high (market factor)
Net Issuance 84
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

Rajdarshan Industries Limited trades in 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.

Full company description

Rajdarshan Industries Limited trades in 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 12/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹5.7M
Latest YoY
−63.5%
Avg. growth/yr (3Y)
−33.0%
Avg. growth/yr (5Y)
+5.6%
Avg. growth/yr (18Y)
−6.7%
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

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

Peer Group

Other Industrial Metals & Mining · 531 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 38 · Above median
Fair Value upside −10% · Above 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) 0.22× · 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 20 · sector 0
FUTURE 100 · sector 2
PAST 0 · sector 0
HEALTH 100 · sector 96
DIVIDEND 0 · sector 21

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

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 942.42 MXN -34%
Rio Tinto Group RIO A$164.89 A$81.76 -50%
Grupo México, S.A. GMEXICOB 199.23 MXN 187.72 MXN -6%
Vale S.A VALE $14.19 $9.14 -36%
CMOC Group 603993 ¥18.20 ¥16.15 -11%
Fortescue Ltd FMG A$18.47 A$18.62 +1%
China Tungsten And Hightech Materials Co 000657 ¥74.71 ¥9.55 -87%
Hindustan Zinc Limited HINDZINC ₹521.95 ₹576.80 +11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥39.56 ¥10.59 -73%
Korea Zinc Company 010130 1,043,000 KRW 646,063 KRW -38%

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Frequently asked questions

Is Rajdarshan Industries Limited (ARENTERP) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹37.42 versus a price of ₹41.46, about −10% (fairly valued).
What is the fair value of ARENTERP?
Our model-based fair value for Rajdarshan Industries Limited is ₹37.42 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹41.46.
What is the quality score of ARENTERP?
Rajdarshan Industries Limited has a Quality Score of 36/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
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 Aug 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.

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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