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Darshan Orna Limited (DARSHANORNA) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹224M

DO Darshan Orna Limited DARSHANORNA · BSE
Price₹2.24
Fair Value₹0.7900
Upside-64.7%
Quality28/100
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Evidence: Medium Range ₹0.5900 – ₹0.9900

Fair value as of: Jul 5, 2026

From 14 valuation models · updated today

Share price −3.0% over the past month.

Price vs Fair Value (12 months)

₹3.43 ₹2.24 Fair Value ₹0.7900 Jul 2025 Jul 2026

12‑month range ₹2.24 – ₹3.43 · fair‑value band ₹0.5900 – ₹0.9900 · the ₹2.24 price screens above the ₹0.7900 fair value. As of Jul 5, 2026.

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Analysis

Darshan Orna Limited (DARSHANORNA) currently trades at ₹2.24, while our model-based Fair Value estimate is ₹0.7900 — implying the stock looks roughly 64.7% overvalued today. We read business quality at 28/100 (below-average quality), in the Consumer Cyclical 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: medium).

Over the trailing twelve months, Darshan Orna Limited generated revenue of ₹546M at a net margin of 1.1%. It earns a return on equity of 3.0%. The stock trades on a trailing P/E of 44.8. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹0.5900 (bear case) to ₹0.9900 (bull case); at ₹2.24, the current price sits above that range. The share trades about 38% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -26% fair-value upside — at -65%, DARSHANORNA screens richer than that median.

Key figures & financial health

Revenue (TTM) ₹546M
Revenue growth (YoY) +946%
Net margin 1.1%
Return on equity 3.0%
Free cash flow −₹146M FY2026
P/E ratio 44.8
More key figures
Operating margin 0.4%
EPS (TTM) ₹0.0500
EPS growth (YoY) -59.9%
Net debt ₹127K FY2026

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

About the company

Darshan Orna Limited engages in the wholesale and trade of gold and silver jewelries and ornaments in India. The company offers traditional, Indo-western, and modern jewelry products, such as chains, rings, ear chains, earrings, bracelets, anklets, zudas, bangles, toe rings, and necklaces. Darshan Orna Limited was incorporated in 2011 and is based in Ahmedabad, India.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Darshan Orna Limited reported revenue of ₹217M in FY2025 versus ₹60.2M in FY2021, a compound +37.7%/yr. Reported net income was ₹4.7M in FY2025, compounding −29.1%/yr from FY2021.

Revenue +37.7%/yr
FY21 ₹60.2M
FY22 ₹131M
FY23 ₹138M
FY24 ₹209M
FY25 ₹217M
Net income −29.1%/yr
FY21 ₹18.4M
FY22 ₹7.9M
FY23 ₹584K
FY24 ₹26.7M
FY25 ₹4.7M

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Cite: Fair Value Calculator (2026). "Darshan Orna Limited Fair Value". https://www.fairvalue-calculator.com/stock/DARSHANORNA

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10 more Luxury Goods stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

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Titan Company TITAN ₹4,260 ₹1,546 -64%
Kering SA PPRUF $318.73 $86.66 -73%
Tapestry, Inc TPR $150.53 $19.95 -87%
Chow Tai Fook Jewellery Group 1929 HK$12.22 HK$13.19 +8%
The Swatch Group UHR CHF 199.55 CHF 95.61 -52%
Prada S.p.A PRDSF $4.90 $8.06 +64%

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Frequently asked questions

Is Darshan Orna Limited (DARSHANORNA) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹0.7900 versus a price of ₹2.24 — about −65% (overvalued). Model-based estimate, not financial advice.
What is the fair value of DARSHANORNA?
Our model-based fair value for Darshan Orna Limited is ₹0.7900 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹2.24.
What is the quality score of DARSHANORNA?
Darshan Orna Limited has a Quality Score of 28/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Darshan Orna Limited (DARSHANORNA)?
Darshan Orna Limited reported trailing-twelve-month revenue of about ₹546M (latest available figure, as of Jul 5, 2026).
What is the net profit margin of DARSHANORNA?
The net profit margin of Darshan Orna Limited is about 1.1%, meaning it keeps roughly 1.1% 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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.