EN DE

Aro Granite Industries Limited (AROGRANITE) Fair Value & Analysis

Industrials · IN · Market cap ₹375M

AG Aro Granite Industries Limited AROGRANITE · BSE
Price₹24.51
Fair Value₹72.21
Upside+194.6%
Quality44/100
Weak Growth
Loss-making · -16.1% net margin
Low debt · generates free cash flow
Narrow moat 2/100
Watch Aro Granite Industries Limited for free, get notified when fair value or trend changes. Watch for free
Evidence: Medium Range ₹51.57 – ₹72.21 Share as image

Fair value as of: Aug 3, 2026

From 12 valuation models · updated today

Share price −4.6% over the past month.

Below-average quality, screening 195% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (₹51.57). The market is more pessimistic than our downside scenario.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹83.70 ₹19.00 Fair Value ₹72.21 Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 3, 2026.

How to read this chart

60‑month range ₹19.00 – ₹83.70 · fair‑value band ₹51.57 – ₹72.21 · the ₹24.51 price screens below the ₹72.21 fair value. Dashed = 300-day average. As of Aug 3, 2026.

Which stocks are undervalued right now? Check free Discover now →

Analysis

Aro Granite Industries Limited (AROGRANITE) currently trades at ₹24.51, while our model-based Fair Value estimate is ₹72.21, implying the stock looks roughly 194.6% undervalued today. We read business quality at 44/100 (below-average quality), in the Industrials 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, Aro Granite Industries Limited generated revenue of ₹735M at a net margin of -16.1%. Revenue declined 57.0% year over year. It earns a return on equity of -6.6%. Net debt stands at ₹1.5B. Fundamentals as of Aug 3, 2026

Our scenario range runs from ₹51.57 (bear case) to ₹72.21 (bull case); at ₹24.51, the current price sits below that range. The share trades about 46% below its 52-week high and 32% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -33% fair-value upside, at 195%, AROGRANITE 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 ₹75.67 ₹101.01 ₹140.26 80
Rev-Margin DCF ₹66.76 ₹103.27 ₹148.34 74
Gordon GGM ₹7.77 ₹8.38 ₹9.28 70
All 12 models by family
DCF Models
FCF DCF ₹72.82 ₹99.55 ₹144.38 38
5Y Revenue Exit ₹66.76 ₹100.95 ₹150.58 39
5Y EBITDA Exit ₹28.02 ₹33.98 ₹41.91 41
10Y Revenue Exit ₹67.05 ₹90.99 ₹116.29 36
10Y EBITDA Exit ₹47.41 ₹53.17 ₹58.08 37
Dividend Discount
Gordon GGM ₹7.77 ₹8.38 ₹9.28 70
DDM Multi-Stage ₹7.77 ₹9.25 ₹11.16 61
Multiples
EV/EBITDA ₹0.7500 54
EV/Revenue ₹68.90 ₹104.94 ₹140.97 43
Asset-Based
NCAV (Graham) ₹56.84 ₹76.17 ₹113.69 50
Growth DCF
Growth DCF ₹75.67 ₹101.01 ₹140.26 80
Rev-Margin DCF ₹66.76 ₹103.27 ₹148.34 74

Widest divergence: Multiples (₹104.94) versus Dividend Discount (₹8.38). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) ₹735M
Revenue growth (YoY) -57.0%
Net margin -16.1%
Return on equity -6.6%
Free cash flow ₹166M FY2026
Operating margin -46.0%
More key figures
EPS (TTM) ₹-7.79
EPS growth (YoY) -39.3%
Net debt ₹1.5B FY2026

Figures from reported company fundamentals · as of Aug 3, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 54 · Market factors (momentum, volatility) 32

Profitability 6
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 23
Price trend over the last 3–12 months (market factor)
52W Momentum 11
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

Aro Granite Industries Limited engages in manufacturing, processing, and selling of polished/flamed granite tiles and slabs primarily in India. The company offers natural stone granites slabs and tiles; and engineered quartz stone slabs.

Full company description

Aro Granite Industries Limited engages in manufacturing, processing, and selling of polished/flamed granite tiles and slabs primarily in India. The company offers natural stone granites slabs and tiles; and engineered quartz stone slabs. It also exports its products to approximately 50 countries, including the United States, Canada, Europe, Japan, the Far East, and South Pacific countries. The company was incorporated in 1988 and is based in Hosur, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Aro Granite Industries Limited reported revenue of ₹735M in FY2026 versus ₹2.2B in FY2022, a compound −24.4%/yr. Reported net income was −₹118M in FY2026.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹735M
Latest YoY
−40.3%
Avg. growth/yr (3Y)
−23.5%
Avg. growth/yr (5Y)
−16.3%
Avg. growth/yr (7Y)
−11.5%
Revenue −24.4%/yr
FY22 ₹2.2B
FY23 ₹1.6B
FY24 ₹1.6B
FY25 ₹1.2B
FY26 ₹735M
Net income
FY22 ₹89.1M
FY23 −₹57.9M
FY24 ₹13.1M
FY25 −₹64.2M
FY26 −₹118M

Watch AROGRANITE: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

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

Peer Group

Building Products & Equipment · 255 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 44 · Below median
Fair Value upside +195% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -16% · Bottom 25%
Operating margin (TTM) -46% · Bottom 25%
Revenue growth -57% · Bottom 25%
Debt / equity 0.15× · Higher than median

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/FCF 0.0× · Cheaper than 75% of peers
EV/EBITDA 15.8× · Pricier than median

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 Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 3, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $469.98 $212.34 -55%
Johnson Controls International plc JCI $142.81 $45.65 -68%
Carrier Global Corporation CARR $68.61 $17.35 -75%
Compagnie de Saint-Gobain S.A SGO €76.62 €101.60 +33%
Geberit AG GEBN CHF 523.20 CHF 307.66 -41%
Lennox International Inc LII $543.93 $363.09 -33%
Kingspan Group KRX €87.30 €70.76 -19%
Masco Corporation MAS $78.04 $54.36 -30%
PT Impack Pratama Industri Tbk, IMPC 1,420 IDR 179.76 IDR -87%
NIBE Industrier AB NIBEB kr 36.03 kr 25.37 -30%

Compare Aro Granite Industries Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Aro Granite Industries Limited (AROGRANITE) overvalued or undervalued?
As of Aug 3, 2026, our model estimates a fair value of ₹72.21 versus a price of ₹24.51, about +195% (undervalued).
What is the fair value of AROGRANITE?
Our model-based fair value for Aro Granite Industries Limited is ₹72.21 (as of Aug 3, 2026), built from audited fundamentals. The current price is ₹24.51.
What is the quality score of AROGRANITE?
Aro Granite Industries Limited has a Quality Score of 44/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Aro Granite Industries Limited (AROGRANITE)?
Aro Granite Industries Limited reported trailing-twelve-month revenue of about ₹735M (latest available figure, as of Aug 3, 2026).
What is the net profit margin of AROGRANITE?
The net profit margin of Aro Granite Industries Limited is about -16.1%, 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.

14 days Pro free · no card

Track Aro Granite Industries Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.