Bondada Engineering Limited (BONDADA) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Bondada Engineering Limited ₹371, price ₹270, upside +37.5%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 1, 2026.
How to read this chart
37‑month range ₹29.91 – ₹736.70 · fair‑value band ₹170.01 – ₹465.57 · the ₹269.50 price screens below the ₹370.51 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 1, 2026.
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Bondada Engineering Limited provides engineering, procurement, and construction, and operations and maintenance services for telecom and renewable energy sectors in India.
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Bondada Engineering Limited provides engineering, procurement, and construction, and operations and maintenance services for telecom and renewable energy sectors in India. It offers design and engineering services for the telecom industry; and tower maintenance services, including cell site maintenance, surveillance and corrective maintenance of OFC routes, and small, medium, and large facilities services. The company also designs, engineers, manufactures, supplies, installs, tests, and commissions ground mounted solar photovoltaic power plants; foundation and erection of fixed tilt/tracker based module mounting structure; constructs inverter rooms/stations, central monitoring, and control stations; engages in EPC electrical and civil works; supply and installs modular cleaning system and accessories; and operation and maintenance of SPV plant, as well as electrical equipment, consumables, and spare parts. In addition, it provides solar EPC services. Bondada Engineering Limited was incorporated in 2012 and is based in Hyderabad, India.
Stock analysis
Bondada Engineering Limited (BONDADA) currently trades at ₹269.50, while our model-based Fair Value estimate is ₹370.51, implying the stock looks roughly 27.3% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹834.16 per share, and 19 of the 24 models we run sit above the ₹269.50 price.
Bear case: the Asset-Based group reads lowest at ₹41.64, and 5 of the 24 models stay below the price. Evidence for this calculation is high.
Scenario range: ₹170.01 (bear) to ₹465.57 (bull), the price of ₹269.50 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Bondada Engineering Limited reported revenue of ₹28.4B in FY2026 versus ₹3.3B in FY2022, a compound +70.9%/yr. Reported net income was ₹2.0B in FY2026, compounding +111.7%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹30.1B (≈ $312M) · P/E ratio 13.8 · P/S ratio 0.99 · EPS (TTM) ₹19.52 · Dividend yield 0.1% · Net margin 7.2% · Return on equity 34.9% · Return on assets (EBIT) 13.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 45% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at 37%, BONDADA screens cheaper than that median.
Fair Value models
Bear ₹170.01Fair Value ₹370.51Bull ₹465.57
Price ₹269.50 · Upside +37.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹9.86 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+81.0%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+97.3%
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +81.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+81.0%
Dividend (yield on the price)0.1%
Profit margin 2022 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.5% → 11%
⚠ Approximate: the rate leans on 2026, which sits 340% above its own trend.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+29.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +24.3% a year for the price.
Compare Bondada Engineering Limited with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Engineering & Construction · 798 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside+37.5% · Above median
Profitability
Return on equity (TTM)34.9% · Top 25%
Return on assets12.3% · Top 25%
Net margin (TTM)7.2% · Above median
Operating margin (TTM)10.7% · Top 25%
Growth and dividend
Revenue growth27.9% · Top 25%
Dividend yield (TTM)0.1% · Bottom 25%
Balance sheet
Debt / equity0.02× · Below median
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
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Is Bondada Engineering Limited (BONDADA) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of ₹370.51 versus a price of ₹269.50, about +37% upside (undervalued).
What is the fair value of BONDADA?
Our model-based fair value for Bondada Engineering Limited is ₹370.51 (as of Oct 1, 2026), built from audited fundamentals. The current price: ₹269.50.
What is the quality score of BONDADA?
Bondada Engineering Limited has a Quality Score of 60/100. 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 price target for Bondada Engineering Limited (BONDADA)?
Our model-based price target is the fair value of ₹370.51 (as of Oct 1, 2026) from 24 valuation models. Cautious scenario ₹170.01, optimistic scenario ₹465.57. It is a calculation from audited fundamentals, not an analyst target.
What is the Bondada Engineering Limited stock forecast for 2026?
Our models put fair value at ₹370.51, about +37% upside versus a price of ₹269.50 (undervalued). Cautious scenario ₹170.01, optimistic scenario ₹465.57. The calculation is refreshed regularly with new filings.
What is the revenue of Bondada Engineering Limited (BONDADA)?
Bondada Engineering Limited reported trailing-twelve-month revenue of about ₹28.4B (latest available figure, as of Oct 1, 2026).
Does Bondada Engineering Limited pay a dividend?
Bondada Engineering Limited currently shows a dividend yield of about 0.10% relative to its recent price (as of Oct 1, 2026).
What growth is priced into Bondada Engineering Limited (BONDADA)?
For today's price to be fair in a discounted-cash-flow model, Bondada Engineering Limited would have to grow free cash flow by +29.5 % per year for five years (discount rate 12.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +70.9 % per year. As of Oct 1, 2026.
What discount rate (WACC) does the fair value of BONDADA use?
Our models discount Bondada Engineering Limited at 12.8 %: a base by market capitalisation (small), damped by beta 0.71, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Bondada Engineering Limited that is +29.5 % per year a year over ten years, using the same discount rate (12.8 %) and the same formula as our fair value.
How much growth has Bondada Engineering Limited (BONDADA) delivered so far?
Over the past 4 years revenue at Bondada Engineering Limited grew +70.9 % a year. The price currently implies +29.5 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Bondada Engineering Limited (BONDADA) growing?
The median revenue growth in the sector is +7.4 % a year. That is the yardstick for the growth priced into Bondada Engineering Limited (+29.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Bondada Engineering Limited (BONDADA)?
The free-cash-flow yield on the price is 2.78 %: that much free cash flow Bondada Engineering Limited produces per unit of market value. When it exceeds the discount rate of our models (12.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Bondada Engineering Limited (BONDADA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Bondada Engineering Limited it is ₹370.51 per share (as of Oct 1, 2026), against a price of ₹269.50. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Bondada Engineering Limited stock overvalued or undervalued in 2026?
As of Oct 1, 2026, BONDADA trades below its calculated fair value: price ₹269.50, fair value ₹370.51, a gap of about +37% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BONDADA?
No. The price is what the market pays today (₹269.50); the fair value is what the company's own numbers justify (₹370.51). For Bondada Engineering Limited the two are ₹101.01 per share apart. That gap is exactly why we show both numbers side by side.
How much is Bondada Engineering Limited worth?
The market values Bondada Engineering Limited at about ₹30.1B (market capitalisation, as of Oct 1, 2026). Per share that is ₹269.50; our models calculate a fair value of ₹370.51 per share.
What do the bullish and bearish scenarios say about BONDADA?
Our models span a range for Bondada Engineering Limited: cautious scenario ₹170.01, base ₹370.51, optimistic ₹465.57 per share (as of Oct 1, 2026, price ₹269.50). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BONDADA?
Bondada Engineering Limited trades at a price-to-earnings ratio of 13.8 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹370.51 is built from several models across several years. Other multiples: P/B 4.3, P/S 1.1, EV/EBITDA 8.8.
How solid is the balance sheet of Bondada Engineering Limited (BONDADA)?
Balance-sheet figures for Bondada Engineering Limited (as of Oct 1, 2026): return on equity 34.9%, debt of 0.02 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is BONDADA from its 52-week high?
Bondada Engineering Limited trades at ₹269.50, about 45% below its 52-week high of ₹488.75 and 22% above the low of ₹221.40 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹370.51 is for.
Which stocks are comparable to Bondada Engineering Limited?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Comfort Systems USA, Inc, Larsen & Toubro Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Bondada Engineering Limited stock attractive at the current price?
The data as of Oct 1, 2026: price ₹269.50, calculated fair value ₹370.51 (+37%), Quality Score 60/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BONDADA calculated?
We run Bondada Engineering Limited through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹370.51, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. Bondada Engineering Limited currently trades 27 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Bondada Engineering Limited (BONDADA)?
The closing price on Oct 1, 2026 was ₹269.50. Our model-based fair value is ₹370.51, about +37% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Bondada Engineering Limited right now?
The model range is unusually wide (₹170.01 to ₹465.57). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Bondada Engineering Limited
How large is the market capitalisation of Bondada Engineering Limited (BONDADA)?
The market capitalisation of Bondada Engineering Limited is ₹30.1B (≈ $312M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Bondada Engineering Limited (BONDADA)?
The price-to-sales ratio of Bondada Engineering Limited is 0.99 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Bondada Engineering Limited (BONDADA)?
Earnings per share at Bondada Engineering Limited are ₹19.52 (price ÷ EPS = P/E 13.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Bondada Engineering Limited (BONDADA)?
The dividend yield of Bondada Engineering Limited is 0.1% (payout 1.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Bondada Engineering Limited (BONDADA)?
The net margin of Bondada Engineering Limited is 7.2% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Bondada Engineering Limited (BONDADA)?
The return on equity (ROE) of Bondada Engineering Limited is 34.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Bondada Engineering Limited (BONDADA)?
On an EBIT basis the return on assets of Bondada Engineering Limited is 13.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Bondada Engineering Limited (BONDADA)?
The operating margin of Bondada Engineering Limited is 10.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Bondada Engineering Limited (BONDADA)?
Revenue at Bondada Engineering Limited is growing +27.9% versus a year earlier (3y avg +97.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Bondada Engineering Limited (BONDADA)?
Earnings per share at Bondada Engineering Limited are growing +18.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Bondada Engineering Limited (BONDADA) carry?
The net debt of Bondada Engineering Limited is ₹1.1B (fiscal year 2026, ≈ 1.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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