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Captain Technocast Ltd (CTCL) Fair Value & Analysis

Industrials · IN · Market cap ₹5.1B

CT Captain Technocast Ltd CTCL · BSE
Price₹278.00
Fair Value₹89.42
Upside-67.8%
Quality47/100
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Expensive Growth
Thin margins · 8.7% net margin
Low debt · negative free cash flow
Trails peers (5/13)
Wide moat 67/100
Evidence: High Range ₹65.04 – ₹168.32 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 6 days ago

Below-average quality, and screening another 68% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹168.32). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹65.04 to ₹168.32) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹316.50 ₹7.41 Fair Value ₹89.42 Aug 2017 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹7.41 – ₹316.50 · fair‑value band ₹65.04 – ₹168.32 · the ₹278.00 price screens above the ₹89.42 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Captain Technocast Ltd (CTCL) currently trades at ₹278.00, while our model-based Fair Value estimate is ₹89.42, implying the stock looks roughly 67.8% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Captain Technocast Ltd generated revenue of ₹1.3B at a net margin of 8.7%. Revenue grew 170.7% year over year. It earns a return on equity of 26.0%. Net debt stands at ₹188M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹65.04 (bear case) to ₹168.32 (bull case); at ₹278.00, the current price sits above 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 5% below its 52-week high and 99% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -59% fair-value upside, at -68%, CTCL screens richer 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 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
Residual Income ₹33.48 ₹48.43 ₹310.53 76
ROIC Compounder ₹63.64 ₹99.08 ₹124.10 72
Gordon GGM ₹1.54 ₹3.08 ₹4.66 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹34.04 ₹237.37 ₹333.11 54
Lynch FV ₹94.25 ₹134.65 ₹175.04 50
PEG = 1.0 ₹94.25 ₹134.65 ₹175.04 46
EPV ₹47.33 ₹55.55 ₹62.65 59
Dividend Discount
Gordon GGM ₹1.54 ₹3.08 ₹4.66 70
DDM Multi-Stage ₹1.54 ₹2.66 ₹3.25 61
Multiples
P/E Multiple ₹78.84 ₹105.11 ₹131.39 63
P/S Multiple ₹63.82 ₹85.09 ₹106.37 58
P/B Multiple ₹63.82 ₹85.09 ₹106.37 55
EV/EBIT ₹76.41 ₹103.46 ₹130.51 53
EV/EBITDA ₹68.38 ₹92.76 ₹117.13 54
EV/Revenue ₹53.17 ₹78.00 ₹102.83 43
Asset-Based
NCAV (Graham) ₹11.24 ₹15.06 ₹22.48 50
Economic Profit
Residual Income ₹33.48 ₹48.43 ₹310.53 76
ROIC Compounder ₹63.64 ₹99.08 ₹124.10 72
Growth Earnings
Growth-Adj P/E ₹118.78 ₹169.69 ₹220.60 68

Widest divergence: Growth Earnings (₹169.69) versus Dividend Discount (₹2.66). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹1.3B
Revenue growth (YoY) +171%
Net margin 8.7%
Return on equity 26.0%
Free cash flow −₹109M FY2026
P/E ratio 55.4
More key figures
Operating margin 12.1%
EPS (TTM) ₹5.02
EPS growth (YoY) +102%
Net debt ₹188M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 48 · Market factors (momentum, volatility) 69

Profitability 79
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 10
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 94
Distance to the 52-week high (market factor)
Net Issuance 59
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

Captain Technocast Limited engages in the manufacture and sale of investment casting products in India. The company provides automotive, defense, aerospace, valve, turbine blades, industrial process pumps, power plant boiler parts, and aerospace castings.

Full company description

Captain Technocast Limited engages in the manufacture and sale of investment casting products in India. The company provides automotive, defense, aerospace, valve, turbine blades, industrial process pumps, power plant boiler parts, and aerospace castings. It offers earth moving machinery, engineering and automation, firefighting equipment, structural hardware, marine applications, and dairy equipment castings. The company offers its products in various forms, including carbon steel, alloy steel, super alloy steel, and non-ferrous steel. It exports its products. Captain Technocast Limited was incorporated in 2010 and is based in Rajkot, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Captain Technocast Ltd reported revenue of ₹1.3B in FY2026 versus ₹504M in FY2022, a compound +26.7%/yr. Reported net income was ₹116M in FY2026, compounding +43.4%/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)
₹1.3B
Latest YoY
+40.9%
Avg. 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.
+30.0%
Avg. growth/yr (5Y) 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.
+25.2%
Avg. growth/yr (7Y) 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.
+25.2%
Revenue +26.7%/yr
FY22 ₹504M
FY23 ₹591M
FY24 ₹642M
FY25 ₹922M
FY26 ₹1.3B
Net income +43.4%/yr
FY22 ₹27.5M
FY23 ₹29.2M
FY24 ₹38.5M
FY25 ₹80.5M
FY26 ₹116M

CTCL screens 68% overvalued. Compare with Carpenter Technology Corporation →

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Cite: Fair Value Calculator (2026). "Captain Technocast Ltd Fair Value". https://www.fairvalue-calculator.com/stock/CTCL

Peer Group

Metal Fabrication · 250 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 47 · Below median
Fair Value upside −68% · Bottom 25%
Return on equity (TTM) 26% · Top 25%
Return on assets 14% · Top 25%
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 171% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.24× · Higher than median

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 55.4× · Pricier than 75% of peers
P/B 9.83× · Pricier than 75% of peers
P/S (TTM) 3.86× · Pricier than 75% of peers
EV/EBITDA 25.4× · Pricier than 75% of peers

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 0
FUTURE100 · sector 34
PAST100 · sector 19
HEALTH88 · sector 95
DIVIDEND2 · sector 27

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Metal Fabrication stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Frequently asked questions

Is Captain Technocast Ltd (CTCL) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹89.42 versus a price of ₹278.00, about −68% (overvalued).
What is the fair value of CTCL?
Our model-based fair value for Captain Technocast Ltd is ₹89.42 (as of Aug 13, 2026), built from audited fundamentals. The current price: ₹278.00.
What is the quality score of CTCL?
Captain Technocast Ltd has a Quality Score of 47/100. 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 Captain Technocast Ltd (CTCL)?
Captain Technocast Ltd reported trailing-twelve-month revenue of about ₹1.3B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of CTCL?
The net profit margin of Captain Technocast Ltd is about 8.7%, meaning it keeps roughly 8.7% of revenue as net income. 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.

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