CITADEL REALTY AND DEVELOPERS LTD. (CITADEL) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of CITADEL REALTY AND DEVELOPERS LTD. ₹53.73, price ₹33.11, upside +62.3%, quality 58 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 Sep 27, 2026.
How to read this chart
60‑month range ₹7.96 – ₹87.25 · fair‑value band ₹29.14 – ₹83.42 · the ₹33.11 price screens below the ₹53.73 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Citadel Realty and Developers Limited is involved in the business of construction, development, and sale of residential real estate projects in India. It undertakes a slum rehabilitation project located in Bhandup, which is in the eastern suburbs of Mumbai.
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Citadel Realty and Developers Limited is involved in the business of construction, development, and sale of residential real estate projects in India. It undertakes a slum rehabilitation project located in Bhandup, which is in the eastern suburbs of Mumbai. The company was formerly known as Rohit Pulp & Paper Mills Limited and changed its name to Citadel Realty and Developers Limited in September 2008. Citadel Realty and Developers Limited was incorporated in 1960 and is based in Mumbai, India.
Stock analysis
CITADEL REALTY AND DEVELOPERS LTD. (CITADEL) currently trades at ₹33.11, while our model-based Fair Value estimate is ₹53.73, implying the stock looks roughly 38.4% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹62.00 per share, and 6 of the 11 models we run sit above the ₹33.11 price.
Bear case: the Asset-Based group reads lowest at ₹14.87, and 5 of the 11 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹29.14 (bear) to ₹83.42 (bull), the price of ₹33.11 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 58/100 (solid quality), in the Real Estate sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
CITADEL REALTY AND DEVELOPERS LTD. reported revenue of ₹39.3M in FY2026 versus ₹25.2M in FY2022, a compound +11.8%/yr. Reported net income was ₹15.1M in FY2026, compounding +36.6%/yr from FY2022.
Key figures
Market cap ₹324M (≈ $3.4M) · P/E ratio 18.1 · P/S ratio 6.94 · EPS (TTM) ₹1.83 · Dividend yield 1.5% · Net margin 38.4% · Return on equity 8.3% · Return on assets (EBIT) 8.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 50% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 10% fair-value upside, at 62%, CITADEL screens cheaper than that median.
Fair Value models
Bear ₹29.14Fair Value ₹53.73Bull ₹83.42
Price ₹33.11 · Upside +62.3%
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 (₹0.6814 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.90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+10.9%
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.
+11.7%
Revenue growth 5 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.
+11.8%
Start year 2021 (pandemic)
Revenue growth 7 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.
+44.6%
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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.
+28.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+27.0%
Dividend (yield on the price)1.5%
Profit margin 2021 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.90% → 93%
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+23.6%
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 +18.7% a year for the price.
Compare CITADEL REALTY AND DEVELOPERS LTD. with another stock
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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.Real Estate - Development · 582 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score58 · Top 25%
Fair Value upside+62.3% · Above median
Profitability
Return on equity (TTM)8.3% · Above median
Return on assets5.7% · Top 25%
Net margin (TTM)39.2% · Top 25%
Operating margin (TTM)96.3% · Top 25%
Growth and dividend
Revenue growth9.6% · Above median
Dividend yield (TTM)1.5% · Below median
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
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). "CITADEL REALTY AND DEVELOPERS LTD. Fair Value". https://www.fairvalue-calculator.com/stock/CITADEL
Frequently asked questions
Is CITADEL REALTY AND DEVELOPERS LTD. (CITADEL) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹53.73 versus a price of ₹33.11, about +62% upside (undervalued).
What is the fair value of CITADEL?
Our model-based fair value for CITADEL REALTY AND DEVELOPERS LTD. is ₹53.73 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹33.11.
What is the quality score of CITADEL?
CITADEL REALTY AND DEVELOPERS LTD. has a Quality Score of 58/100. 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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
Our model-based price target is the fair value of ₹53.73 (as of Sep 27, 2026) from 11 valuation models. Cautious scenario ₹29.14, optimistic scenario ₹83.42. It is a calculation from audited fundamentals, not an analyst target.
What is the CITADEL REALTY AND DEVELOPERS LTD. stock forecast for 2026?
Our models put fair value at ₹53.73, about +62% upside versus a price of ₹33.11 (undervalued). Cautious scenario ₹29.14, optimistic scenario ₹83.42. The calculation is refreshed regularly with new filings.
What is the revenue of CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
CITADEL REALTY AND DEVELOPERS LTD. reported trailing-twelve-month revenue of about ₹40.3M (latest available figure, as of Sep 27, 2026).
Does CITADEL REALTY AND DEVELOPERS LTD. pay a dividend?
CITADEL REALTY AND DEVELOPERS LTD. currently shows a dividend yield of about 1.51% relative to its recent price (as of Sep 27, 2026).
What growth is priced into CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
For today's price to be fair in a discounted-cash-flow model, CITADEL REALTY AND DEVELOPERS LTD. would have to grow free cash flow by +23.6 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.8 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of CITADEL use?
Our models discount CITADEL REALTY AND DEVELOPERS LTD. at 11.6 %: a base by market capitalisation (nano), damped by beta 0.75, 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 CITADEL REALTY AND DEVELOPERS LTD. that is +23.6 % per year a year over ten years, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has CITADEL REALTY AND DEVELOPERS LTD. (CITADEL) delivered so far?
Over the past 5 years revenue at CITADEL REALTY AND DEVELOPERS LTD. grew +11.8 % a year. The price currently implies +23.6 % 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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL) growing?
The median revenue growth in the sector is +2.2 % a year. That is the yardstick for the growth priced into CITADEL REALTY AND DEVELOPERS LTD. (+23.6 % 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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
The free-cash-flow yield on the price is 4.73 %: that much free cash flow CITADEL REALTY AND DEVELOPERS LTD. produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CITADEL REALTY AND DEVELOPERS LTD. it is ₹53.73 per share (as of Sep 27, 2026), against a price of ₹33.11. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is CITADEL REALTY AND DEVELOPERS LTD. stock overvalued or undervalued in 2026?
As of Sep 27, 2026, CITADEL trades below its calculated fair value: price ₹33.11, fair value ₹53.73, a gap of about +62% (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 CITADEL?
No. The price is what the market pays today (₹33.11); the fair value is what the company's own numbers justify (₹53.73). For CITADEL REALTY AND DEVELOPERS LTD. the two are ₹20.62 per share apart. That gap is exactly why we show both numbers side by side.
How much is CITADEL REALTY AND DEVELOPERS LTD. worth?
The market values CITADEL REALTY AND DEVELOPERS LTD. at about ₹324M (market capitalisation, as of Sep 27, 2026). Per share that is ₹33.11; our models calculate a fair value of ₹53.73 per share.
What do the bullish and bearish scenarios say about CITADEL?
Our models span a range for CITADEL REALTY AND DEVELOPERS LTD.: cautious scenario ₹29.14, base ₹53.73, optimistic ₹83.42 per share (as of Sep 27, 2026, price ₹33.11). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CITADEL?
CITADEL REALTY AND DEVELOPERS LTD. trades at a price-to-earnings ratio of 18.1 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹53.73 is built from several models across several years. Other multiples: P/B 1.6, P/S 8.0, EV/EBITDA 17.6.
How solid is the balance sheet of CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
Balance-sheet figures for CITADEL REALTY AND DEVELOPERS LTD. (as of Sep 27, 2026): return on equity 8.3%, debt of 0.01 per unit of equity. They feed the Quality Score of 58/100, which measures business quality independently of the share price.
How far is CITADEL from its 52-week high?
CITADEL REALTY AND DEVELOPERS LTD. trades at ₹33.11, about 50% below its 52-week high of ₹65.63 and 4% above the low of ₹31.93 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹53.73 is for.
Which stocks are comparable to CITADEL REALTY AND DEVELOPERS LTD.?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, Vinhomes Joint Stock Company, CK Asset Holdings, 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 CITADEL REALTY AND DEVELOPERS LTD. stock attractive at the current price?
The data as of Sep 27, 2026: price ₹33.11, calculated fair value ₹53.73 (+62%), Quality Score 58/100, from 11 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 CITADEL calculated?
We run CITADEL REALTY AND DEVELOPERS LTD. through 11 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 ₹53.73, 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. CITADEL REALTY AND DEVELOPERS LTD. currently trades 38 % 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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
The closing price on Oct 1, 2026 was ₹33.11. Our model-based fair value is ₹53.73, about +62% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CITADEL REALTY AND DEVELOPERS LTD. right now?
The model range is unusually wide (₹29.14 to ₹83.42). The outcome hinges heavily on assumptions, so read the point estimate with caution. 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 quality (58/100) at a price below fair value, the discount is the argument here, not the business quality. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of CITADEL REALTY AND DEVELOPERS LTD.
How large is the market capitalisation of CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
The market capitalisation of CITADEL REALTY AND DEVELOPERS LTD. is ₹324M (≈ $3.4M). 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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
The price-to-sales ratio of CITADEL REALTY AND DEVELOPERS LTD. is 6.94 (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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
Earnings per share at CITADEL REALTY AND DEVELOPERS LTD. are ₹1.83 (price ÷ EPS = P/E 18.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
The dividend yield of CITADEL REALTY AND DEVELOPERS LTD. is 1.5% (payout 27.3%). 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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
The net margin of CITADEL REALTY AND DEVELOPERS LTD. is 38.4% (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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
The return on equity (ROE) of CITADEL REALTY AND DEVELOPERS LTD. is 8.3% (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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
On an EBIT basis the return on assets of CITADEL REALTY AND DEVELOPERS LTD. is 8.2% (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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
The operating margin of CITADEL REALTY AND DEVELOPERS LTD. is 96.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
Revenue at CITADEL REALTY AND DEVELOPERS LTD. is growing +9.6% versus a year earlier (3y avg +11.7%). 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 CITADEL REALTY AND DEVELOPERS LTD. (CITADEL)?
Earnings per share at CITADEL REALTY AND DEVELOPERS LTD. are growing +10.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does CITADEL REALTY AND DEVELOPERS LTD. (CITADEL) carry?
The net debt of CITADEL REALTY AND DEVELOPERS LTD. is ₹148M (fiscal year 2026, ≈ 11.4 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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