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Cochin Minerals and Rutile Limited (COCHINM) Fair Value & Analysis

Basic Materials · IN · Market cap ₹1.9B

CM Cochin Minerals and Rutile Limited COCHINM · BSE
Price₹248.90
Fair Value₹271.52
Upside+9.1%
Quality65/100
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Mixed Growth
Thin margins · 4.4% net margin
Low debt · generates free cash flow
3.29% dividend yield
Ranks above peers (14/14)
Narrow moat 38/100
Evidence: High Range ₹203.64 – ₹339.40 Share as image

Fair value as of: Jul 5, 2026

From 22 valuation models · updated 35 days ago

Share price −2.9% over the past month.

A solid business, 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.
  • Our model range runs from ₹203.64 (bear) to ₹339.40 (bull), base ₹271.52. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 65/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹388.07 ₹89.93 Fair Value ₹271.52 Mar 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 5, 2026.

How to read this chart

60‑month range ₹89.93 – ₹388.07 · fair‑value band ₹203.64 – ₹339.40 · the ₹248.90 price screens below the ₹271.52 fair value. Dashed = 300-day average. As of Jul 5, 2026.

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Analysis

Cochin Minerals and Rutile Limited (COCHINM) currently trades at ₹248.90, while our model-based Fair Value estimate is ₹271.52, implying the stock looks roughly 9.1% fairly valued today. The Quality Score stands at 65/100 (solid quality), in the Basic Materials 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: high), always confirm before acting.

Over the trailing twelve months, Cochin Minerals and Rutile Limited generated revenue of ₹2.9B at a net margin of 4.4%. Revenue grew 13.4% year over year. It earns a return on equity of 7.4%. Net debt stands at ₹107M. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹203.64 (bear case) to ₹339.40 (bull case); at ₹248.90, the current price sits within 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 28% below its 52-week high and 26% 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 9%, COCHINM 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 ₹266.17 ₹335.36 ₹442.55 80
Residual Income ₹168.59 ₹173.96 ₹175.49 76
Rev-Margin DCF ₹208.31 ₹283.59 ₹377.69 74
All 22 models by family
DCF Models
FCF DCF ₹258.40 ₹331.38 ₹453.82 38
Owner Earnings ₹108.88 ₹136.46 ₹182.73 31
5Y Revenue Exit ₹208.31 ₹277.26 ₹377.10 39
5Y EBITDA Exit ₹217.86 ₹293.76 ₹394.35 41
5Y P/E Exit ₹238.72 ₹329.85 ₹439.07 38
10Y Revenue Exit ₹225.46 ₹275.27 ₹326.94 36
10Y EBITDA Exit ₹234.38 ₹284.59 ₹336.18 37
10Y P/E Exit ₹245.96 ₹304.97 ₹360.13 35
Earnings-Based
Graham-Dodd ₹108.61 ₹132.74 ₹149.34 54
EPV ₹90.40 ₹100.27 ₹108.49 59
Multiples
P/E Multiple ₹239.58 ₹319.44 ₹399.30 63
P/S Multiple ₹203.64 ₹271.52 ₹339.40 58
P/B Multiple ₹203.64 ₹271.52 ₹339.40 55
EV/EBIT ₹262.23 ₹343.62 ₹425.01 53
EV/EBITDA ₹214.25 ₹279.64 ₹345.04 54
EV/Revenue ₹182.64 ₹253.18 ₹323.72 43
Asset-Based
NCAV (Graham) ₹109.85 ₹147.20 ₹219.70 50
Growth DCF
Growth DCF ₹266.17 ₹335.36 ₹442.55 80
Rev-Margin DCF ₹208.31 ₹283.59 ₹377.69 74
Economic Profit
Residual Income ₹168.59 ₹173.96 ₹175.49 76
ROIC Compounder ₹90.40 ₹100.27 ₹108.49 72
Growth Earnings
Growth-Adj P/E ₹169.49 ₹242.13 ₹314.77 68

Widest divergence: DCF Models (₹284.59) versus Earnings-Based (₹100.27). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) ₹2.9B
Revenue growth (YoY) +13.4%
Net margin 4.4%
Return on equity 7.4%
Free cash flow ₹232M FY2026
P/E ratio 15.6
More key figures
Operating margin 11.4%
EPS (TTM) ₹15.97
Dividend yield 3.3%
EPS growth (YoY) -40.1%
Net debt ₹107M FY2025

Figures from reported company fundamentals · as of Jul 5, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 67 · Market factors (momentum, volatility) 38

Profitability 59
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 21
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

Cochin Minerals and Rutile Limited engages in the manufacturing, marketing, and research activities in the mineral processing sector in India. Its primary product is synthetic rutile, a raw material for use in the titanium pigment, and sponge/metal industry.

Full company description

Cochin Minerals and Rutile Limited engages in the manufacturing, marketing, and research activities in the mineral processing sector in India. Its primary product is synthetic rutile, a raw material for use in the titanium pigment, and sponge/metal industry. The company also provides by-products, including ferric chloride, which is used as an etching agent, as well as a coagulant for purification of drinking water and for industrial waste water/sewage treatment; ferrous chloride, a coagulant for waste water from paper and pulp and textile processing industries and for waste mud in chromium industries; iron hydroxide for use in cement, steel, and ceramic industries as a substitute for iron ore; recovered TiO2, a substitute for TiO2 for paint industry; CMRL BF protector for use as hearth-protecting material in the blast furnaces; and CMRL rutoweld, a flux for use in welding electrode industry. It also exports its products. Cochin Minerals and Rutile Limited was incorporated in 1989 and is based in Aluva, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Cochin Minerals and Rutile Limited reported revenue of ₹2.9B in FY2026 versus ₹2.9B in FY2022, a compound −0.2%/yr. Reported net income was ₹125M in FY2026, compounding +19.1%/yr from FY2022.

Growth Quality 60/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹2.9B
Latest YoY
−9.1%
Avg. growth/yr (3Y)
−13.5%
Avg. growth/yr (5Y)
+3.7%
Avg. growth/yr (7Y)
+3.7%
Revenue −0.2%/yr
FY22 ₹2.9B
FY23 ₹4.4B
FY24 ₹3.0B
FY25 ₹3.2B
FY26 ₹2.9B
Net income +19.1%/yr
FY22 ₹62.1M
FY23 ₹564M
FY24 ₹85.9M
FY25 ₹236M
FY26 ₹125M

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Cite: Fair Value Calculator (2026). "Cochin Minerals and Rutile Limited Fair Value". https://www.fairvalue-calculator.com/stock/COCHINM

Peer Group

Other Industrial Metals & Mining · 476 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 65 · Top 25%
Fair Value upside +9% · Top 25%
Return on equity (TTM) 7% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 13% · Above median
Dividend yield (TTM) 3.3% · Top 25%

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

P/E (TTM) 15.6× · Cheaper than median
P/B 1.13× · Cheaper than median
P/S (TTM) 0.68× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 7.0× · Cheaper than median

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 45 · sector 0
FUTURE 67 · sector 23
PAST 30 · sector 0
HEALTH 100 · sector 96
DIVIDEND 66 · 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 Jul 5, 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%
Saudi Arabian Mining Company 1211 58.05 SAR 33.87 SAR -42%
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%

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Frequently asked questions

Is Cochin Minerals and Rutile Limited (COCHINM) overvalued or undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹271.52 versus a price of ₹248.90, about +9% (fairly valued).
What is the fair value of COCHINM?
Our model-based fair value for Cochin Minerals and Rutile Limited is ₹271.52 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹248.90.
What is the quality score of COCHINM?
Cochin Minerals and Rutile Limited has a Quality Score of 65/100. 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 Cochin Minerals and Rutile Limited (COCHINM)?
Cochin Minerals and Rutile Limited reported trailing-twelve-month revenue of about ₹2.9B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of COCHINM?
The net profit margin of Cochin Minerals and Rutile Limited is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does Cochin Minerals and Rutile Limited pay a dividend?
Cochin Minerals and Rutile Limited currently shows a dividend yield of about 3.29% relative to its recent price (as of Jul 5, 2026).

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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