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Data-driven stock valuation

Aditya Infotech Limited (CPPLUS) fair value: what the stock is really worth

We calculate from audited financials what Aditya Infotech Limited is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.

  1. Compare price with fair valuebelow fair value = cheap, above = expensive
  2. Check the quality50 and up solid, 75 and up strong
  3. Watch it or check another stockalert when fair value or trend changes

Industrials · IN · Market cap ₹441B (≈ $4.6B)

At a glance

AI Aditya Infotech Limited CPPLUS · NSE
Price₹3,746
Fair Value₹763.08
Upside−79.6%
Quality57/100

A solid business, but trading 391% above our fair value of ₹763.08.

As of Aug 18, 2026, the fair value of Aditya Infotech Limited is ₹763.08 per share against a price of ₹3,746, so the fair value sits 80% below the price. A model estimate from reported figures, not an analyst target.

!Expensive Growth (revenue 3y +22.7 %/yr)
!Thin margins · 8.7% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (7/13)
!Moderate moat 64/100
!Evidence only medium, so the estimate is less certain
!Weak on dividend: 1 out of 100
Evidence: Medium Range ₹280.24 to ₹992.01

Fair value as of: Aug 18, 2026

From 17 valuation models · updated 23 days ago

Share price −0.5% over the past month.

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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹992.01). The favourable scenario is already priced in.
  • The model range is unusually wide (₹280.24 to ₹992.01). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (13 months)

₹3,899 ₹1,057 Fair Value ₹763.08 Aug 2025 Sep 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 18, 2026.

How to read this chart

13‑month range ₹1,057 – ₹3,899 · fair‑value band ₹280.24 – ₹992.01 · the ₹3,746 price screens above the ₹763.08 fair value. As of Aug 18, 2026.

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Analysis

Aditya Infotech Limited (CPPLUS) currently trades at ₹3,746, while our model-based Fair Value estimate is ₹763.08, implying the stock looks roughly 390.9% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Industrials sector. Bull case: the Growth Earnings group reads highest at a median of ₹1,116 per share, and 0 of the 17 models we run sit above the ₹3,746 price. Bear case: the Asset-Based group reads lowest at ₹106.70, and 17 of the 17 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Aditya Infotech Limited generated revenue of ₹42.2B at a net margin of 8.7%. Revenue grew 45.5% year over year. It earns a return on equity of 25.4%. Net debt stands at ₹2.7B. Fundamentals as of Aug 18, 2026

Scenario range: ₹280.24 (bear) to ₹992.01 (bull), the price of ₹3,746 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat. The share trades near its 52-week high and 269% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at −37% fair-value upside, at −80%, CPPLUS screens richer than that median.

Fair Value models

Based on fiscal year 2026 figures (about 5 months old). Earnings retained since then (₹13.55 per share) are deliberately not added.

Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (₹26.27 to ₹1,481). Read the values as a conservative anchor, not as a price target.
Model 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. Evidence
Highest evidence
EPV best evidence ₹357.29 ₹418.61 ₹473.10 71
ROIC Compounder ₹469.36 ₹719.78 ₹1,003 68
Owner Earnings ₹416.01 ₹961.50 ₹2,158 67
All 17 models by family
DCF Models
Owner Earnings ₹416.01 ₹961.50 ₹2,158 67
Earnings-Based
Graham-Dodd ₹212.31 ₹1,481 ₹2,078 60
Lynch FV ₹534.16 ₹763.08 ₹992.01 58
PEG = 1.0 ₹534.16 ₹763.08 ₹992.01 55
EPV best evidence ₹357.29 ₹418.61 ₹473.10 71
Dividend Discount
Gordon GGM ₹14.69 ₹32.07 ₹53.97 63
DDM Multi-Stage ₹14.69 ₹26.27 ₹33.43 64
Multiples
P/E Multiple ₹655.68 ₹874.24 ₹1,093 63
P/S Multiple ₹398.09 ₹530.79 ₹663.48 58
P/B Multiple ₹398.09 ₹530.79 ₹663.48 55
EV/EBIT ₹801.48 ₹1,065 ₹1,329 66
EV/EBITDA ₹667.75 ₹887.05 ₹1,106 67
EV/Revenue ₹410.07 ₹581.59 ₹753.11 54
Asset-Based
NCAV (Graham) ₹79.63 ₹106.70 ₹159.26 54
Economic Profit
Residual Income ₹223.50 ₹317.16 ₹1,875 61
ROIC Compounder ₹469.36 ₹719.78 ₹1,003 68
Growth Earnings
Growth-Adj P/E ₹781.08 ₹1,116 ₹1,451 65

Widest divergence: Growth Earnings (₹1,116) versus Dividend Discount (₹26.27). Highest evidence: EPV (71).

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Key figures & financial health

P/E ratio 116.3
P/S ratio 10.1 P/E × margin
EPS (TTM) ₹32.22 price ÷ EPS = P/E 116.3
Dividend yield 0.0% payout 5.1%
Net margin 8.7% FY2026
Return on equity 25.4% TTM
More key figures
Profitability
Return on assets (EBIT) 10.6% avg 5y
Operating margin 16.5% TTM
Growth
Revenue (TTM) ₹42.2B TTM
Revenue growth (YoY) +45.5% 3y avg +22.7%
EPS growth (YoY) +187%
Balance sheet & cash flow
Free cash flow −₹1.2B FY2026
Net debt ₹2.7B FY2025

Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 54 · Market factors (momentum, volatility) 76

Profitability 62
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 39
Calm price path (market factor)
Momentum 88
Price trend over the last 3–12 months (market factor)
52W Momentum 98
Distance to the 52-week high (market factor)
Net Issuance 78
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Aditya Infotech Limited manufactures, assembles and trades security and surveillance equipment in India and internationally.

Full company description

Aditya Infotech Limited manufactures, assembles and trades security and surveillance equipment in India and internationally. The company offers analog cameras, digital video recorders, internet protocol network cameras, network video recorders, biometric products, access control products, mobile surveillance solutions, body-worn cameras, temperature screening solutions, interactive displays, routers, cables, power supplies, and thermal cameras. It also provides temperature screening solutions, explosion-proof cameras, integrated central command and control software, AI/ deep learning-based video analytics solutions, access control, time-attendance solutions, biometric products, video doorbells and video door-phones, HMS, AMS, interactive displays, monitors, SD Cards, as well as other accessories and products including cabling, racks, storage solutions and customized solutions; and products for enterprise and consumer segments under the CP PLUS and Dahua brands. In addition, it offers AI-IoT-based centralized remote electronic surveillance services under the OnVigil brand for intruder detection and prevention, fire safety protection and prevention, AI-powered video monitoring, standard operating protocol monitoring, and health monitoring of surveillance systems, as well as attendance monitoring cloud-based solutions, and user interface and cloud software solutions. Further, it provides cloud storage services for surveillance management under CP PLUS Cloud Storage brand name; and software solutions, such as health monitoring systems, attendance management systems, and video management software. It offers its products to government establishments, retail chains, financial institutions, residential, industrial warehouse, public spaces, and infrastructure projects. The company was formerly known as Perfect Lucky Goldstar International Limited and changed its name to Aditya Infotech Limited in August 1997. The company was founded in 1994 and is based in Noida, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Aditya Infotech Limited reported revenue of ₹42.2B in FY2026 versus ₹16.5B in FY2022, a compound +26.5%/yr. Reported net income was ₹3.7B in FY2026, compounding +39.6%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹42.2B
Latest YoY
+35.5%
Avg. revenue growth/yr (3Y) 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.
+22.7%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. 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.
≈ +30.4%
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+30.4%
Dividend yield0.0%
Operating margin (EBIT) 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.8.2% (2022) → 12.3% (2026) · rising
⚠ Final year 2026 sits 218% above trend (one-off), rate approximate
Revenue +26.5%/yr
FY22 ₹16.5B
FY23 ₹22.8B
FY24 ₹27.8B
FY25 ₹31.1B
FY26 ₹42.2B
Net income +39.6%/yr
FY22 ₹969M
FY23 ₹1.1B
FY24 ₹1.2B
FY25 ₹3.5B
FY26 ₹3.7B

CPPLUS screens 391% overvalued. Compare with Trane Technologies plc →

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Cite: Fair Value Calculator (2026). "Aditya Infotech Limited Fair Value". https://www.fairvalue-calculator.com/stock/CPPLUS

Peer Group

Building Products & Equipment · 242 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.

Valuation
Quality Score 57 · Above median
Fair Value upside −79% · Bottom 25%
Profitability
Return on equity (TTM) 25% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 17% · Top 25%
Growth and dividend
Revenue growth 46% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Balance sheet
Debt / equity 0.03× · Below median

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

P/E (TTM) 116.3× · Priciest 25%
P/B 22.48× · Priciest 25%
P/S (TTM) 10.00× · Priciest 25%
EV/EBITDA 76.7× · Priciest 25%

Context: sector, industry, market

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 2
FUTURE100 · sector 11
PAST100 · sector 25
HEALTH99 · sector 95
DIVIDEND1 · sector 41

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $447.90 $208.50 −53%
Johnson Controls International plc JCI $142.23 $44.75 −69%
Carrier Global Corporation CARR $57.25 $16.85 −71%
Compagnie de Saint-Gobain S.A SGO €81.20 €97.97 +21%
Geberit AG GEBN CHF 563.40 CHF 307.66 −45%
Lennox International Inc LII $377.25 $363.09 −4%
Kingspan Group KRX €105.30 €66.79 −37%
Masco Corporation MAS $74.64 $53.22 −29%
Carlisle Companies Incorporated CSL $352.14 $340.70 −3%
BELIMO Holding BEAN CHF 878.50 CHF 227.18 −74%

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Frequently asked questions

Is Aditya Infotech Limited (CPPLUS) overvalued or undervalued?
As of Aug 18, 2026, our model estimates a fair value of ₹763.08 versus a price of ₹3,746, about −80% upside (overvalued).
What is the fair value of CPPLUS?
Our model-based fair value for Aditya Infotech Limited is ₹763.08 (as of Aug 18, 2026), built from audited fundamentals. The current price: ₹3,746.
What is the quality score of CPPLUS?
Aditya Infotech Limited has a Quality Score of 57/100. 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 Aditya Infotech Limited (CPPLUS)?
Our model-based price target is the fair value of ₹763.08 (as of Aug 18, 2026) from 17 valuation models. Cautious scenario ₹280.24, optimistic scenario ₹992.01. It is a calculation from audited fundamentals, not an analyst target.
What is the Aditya Infotech Limited stock forecast for 2026?
Our models put fair value at ₹763.08, about −80% upside versus a price of ₹3,746 (overvalued). Cautious scenario ₹280.24, optimistic scenario ₹992.01. The calculation is refreshed regularly with new filings.
What is the revenue of Aditya Infotech Limited (CPPLUS)?
Aditya Infotech Limited reported trailing-twelve-month revenue of about ₹42.2B (latest available figure, as of Aug 18, 2026).
What is the net profit margin of CPPLUS?
The net profit margin of Aditya Infotech Limited is about 8.7%, meaning it keeps roughly 8.7% of revenue as net income. Based on the latest reported figures.
Does Aditya Infotech Limited pay a dividend?
Aditya Infotech Limited currently shows a dividend yield of about 0.04% relative to its recent price (as of Aug 18, 2026).
What is the intrinsic value of Aditya Infotech Limited (CPPLUS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Aditya Infotech Limited it is ₹763.08 per share (as of Aug 18, 2026), against a price of ₹3,746. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Aditya Infotech Limited stock overvalued or undervalued in 2026?
As of Aug 18, 2026, CPPLUS trades above its calculated fair value: price ₹3,746, fair value ₹763.08, a gap of about −80% (overvalued). 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 CPPLUS?
No. The price is what the market pays today (₹3,746); the fair value is what the company's own numbers justify (₹763.08). For Aditya Infotech Limited the two are ₹2,983 per share apart. That gap is exactly why we show both numbers side by side.
How much is Aditya Infotech Limited worth?
The market values Aditya Infotech Limited at about ₹441B (market capitalisation, as of Aug 18, 2026). Per share that is ₹3,746; our models calculate a fair value of ₹763.08 per share.
What do the bullish and bearish scenarios say about CPPLUS?
Our models span a range for Aditya Infotech Limited: cautious scenario ₹280.24, base ₹763.08, optimistic ₹992.01 per share (as of Aug 18, 2026, price ₹3,746). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CPPLUS?
Aditya Infotech Limited trades at a price-to-earnings ratio of 116.3 (as of Aug 18, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹763.08 is built from several models across several years. Other multiples: P/B 22.5, P/S 10.0, EV/EBITDA 76.7.
How solid is the balance sheet of Aditya Infotech Limited (CPPLUS)?
Balance-sheet figures for Aditya Infotech Limited (as of Aug 18, 2026): return on equity 25.4%, debt of 0.03 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is CPPLUS from its 52-week high?
Aditya Infotech Limited trades at ₹3,746, about 1% below its 52-week high of ₹3,714 and 269% above the low of ₹1,015 (as of Aug 18, 2026). Distance from the high says nothing about value: that is what the fair value of ₹763.08 is for.
Which stocks are comparable to Aditya Infotech Limited?
From the same area (Industrials) we also value Trane Technologies plc, Johnson Controls International plc, Carrier Global Corporation, Compagnie de Saint-Gobain S.A, 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 Aditya Infotech Limited stock attractive at the current price?
The data as of Aug 18, 2026: price ₹3,746, calculated fair value ₹763.08 (−80%), Quality Score 57/100, from 17 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 CPPLUS calculated?
We run Aditya Infotech Limited through 17 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 ₹763.08, with the spread shown as a cautious and an optimistic scenario.
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