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Donear Industries Limited (DONEAR) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹4.8B

DI Donear Industries Limited DONEAR · NSE
Price₹85.00
Fair Value₹104.78
Upside+23.3%
Quality44/100
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Expensive Growth
Thin margins · 4.8% net margin
Low debt · negative free cash flow
0.22% dividend yield
Ranks above peers (8/13)
Narrow moat 38/100
Evidence: High Range ₹56.80 – ₹177.49 Share as image

Fair value as of: Aug 2, 2026

From 17 valuation models · updated 11 days ago

Fair value updated Aug 2, 2026, revised from ₹136.11 to ₹104.78 (−23.0%) since Jun 29, 2026. Share price −0.8% over the past month.

Below-average quality, screening 23% undervalued on our models.

What matters now

  • The model range is unusually wide (₹56.80 to ₹177.49). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Our model range runs from ₹56.80 (bear) to ₹177.49 (bull), base ₹104.78. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 44/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹176.66 ₹27.51 Fair Value ₹104.78 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹27.51 – ₹176.66 · fair‑value band ₹56.80 – ₹177.49 · the ₹85.00 price screens below the ₹104.78 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Donear Industries Limited (DONEAR) currently trades at ₹85.00, while our model-based Fair Value estimate is ₹104.78, implying the stock looks roughly 23.3% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Consumer Cyclical 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, Donear Industries Limited generated revenue of ₹9.1B at a net margin of 4.8%. Revenue declined 7.3% year over year. It earns a return on equity of 17.0%. Net debt stands at ₹4.2B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹56.80 (bear case) to ₹177.49 (bull case); at ₹85.00, 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 29% 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 -3% fair-value upside, at 23%, DONEAR 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 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 ₹53.45 ₹73.87 ₹253.76 76
ROIC Compounder ₹112.66 ₹143.51 ₹180.62 72
Gordon GGM ₹1.76 ₹3.50 ₹5.30 70
All 17 models by family
DCF Models
Owner Earnings ₹97.86 ₹155.54 ₹244.01 31
Earnings-Based
Graham-Dodd ₹56.80 ₹206.29 ₹278.27 54
Lynch FV ₹48.99 ₹69.99 ₹90.99 50
PEG = 1.0 ₹48.99 ₹69.99 ₹90.99 46
EPV ₹103.39 ₹119.37 ₹133.15 59
Dividend Discount
Gordon GGM ₹1.76 ₹3.50 ₹5.30 70
DDM Multi-Stage ₹1.76 ₹3.02 ₹3.69 61
Multiples
P/E Multiple ₹137.81 ₹183.75 ₹229.69 63
P/S Multiple ₹106.49 ₹141.99 ₹177.49 58
P/B Multiple ₹106.49 ₹141.99 ₹177.49 55
EV/EBIT ₹193.56 ₹257.35 ₹321.15 53
EV/EBITDA ₹153.95 ₹204.54 ₹255.13 54
EV/Revenue ₹131.18 ₹186.47 ₹241.76 43
Asset-Based
NCAV (Graham) ₹26.62 ₹35.67 ₹53.25 50
Economic Profit
Residual Income ₹53.45 ₹73.87 ₹253.76 76
ROIC Compounder ₹112.66 ₹143.51 ₹180.62 72
Growth Earnings
Growth-Adj P/E ₹95.35 ₹136.21 ₹177.08 68

Widest divergence: Multiples (₹183.75) versus Dividend Discount (₹3.02). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹9.1B
Revenue growth (YoY) -7.3%
Net margin 4.8%
Return on equity 17.0%
Free cash flow −₹214M FY2026
P/E ratio 10.9
More key figures
Operating margin 1.8%
EPS (TTM) ₹8.35
Dividend yield 0.2%
EPS growth (YoY) +219%
Net debt ₹4.2B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 42 · Market factors (momentum, volatility) 40

Profitability 56
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 31
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 81
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

Donear Industries Limited manufactures fabrics in India and internationally. The company offers fabrics in various finishes, including wrinkle and odor resistance, moisture absorbent, and 4-way stretch; and ready-to-wear products, such as shirts, t-shirts, trousers, denims, suits, traditional wear, sports and Nehru jackets, corduroy, workwear, and …

Full company description

Donear Industries Limited manufactures fabrics in India and internationally. The company offers fabrics in various finishes, including wrinkle and odor resistance, moisture absorbent, and 4-way stretch; and ready-to-wear products, such as shirts, t-shirts, trousers, denims, suits, traditional wear, sports and Nehru jackets, corduroy, workwear, and accessories under the Donear Suitings, Mayur Suitings & Shirtings, Ferrino Mizzoni, Eurico, Vestito, D'Cot, and Donear NXG brands. It also provides dyed polyester and cotton yarns; and trades in garments. The company exports its products to approximately 20 countries. It serves automotive, aviation, industrial, defence, government bodies, and educational institutions through various channels, which include wholesale, retail, franchisees, agents, and dealers. Donear Industries Limited was founded in 1979 and is based in Mumbai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Donear Industries Limited reported revenue of ₹9.1B in FY2026 versus ₹5.7B in FY2022, a compound +12.6%/yr. Reported net income was ₹434M in FY2026, compounding +17.5%/yr from FY2022.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹9.1B
Latest YoY
−0.1%
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.
+3.5%
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.
+20.8%
Avg. growth/yr (20Y) 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.
+9.9%
Revenue +12.6%/yr
FY22 ₹5.7B
FY23 ₹8.2B
FY24 ₹8.0B
FY25 ₹9.1B
FY26 ₹9.1B
Net income +17.5%/yr
FY22 ₹228M
FY23 ₹362M
FY24 ₹347M
FY25 ₹319M
FY26 ₹434M
Character of growth · EPS growth decomposed (2015-2026) +19.3 % p.a.
Revenue per share +6.2 pp

of which total revenue +6.2 pp · buybacks/dilution +0.0 pp

EBIT margin +3.2 pp
Tax rate −0.7 pp
Residual (interest, one-offs) +10.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Donear Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/DONEAR

Peer Group

Textile Manufacturing · 315 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 44 · Below median
Fair Value upside +23% · Above median
Return on equity (TTM) 17% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth -7% · Below median
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 10.9× · Cheaper than 75% of peers
P/B 1.72× · Pricier than median
P/S (TTM) 0.52× · Cheaper than median
EV/EBITDA 5.3× · 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 64 · sector 7
FUTURE 0 · sector 0
PAST 68 · sector 15
HEALTH 100 · sector 95
DIVIDEND 4 · sector 34

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 Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$44.40 HK$75.65 +70%
Tongkun Group 601233 ¥23.56 ¥14.53 -38%
Inner Mongolia ERDOS Resources Co 600295 ¥12.04 ¥14.35 +19%
Far Eastern New Century Corporation 1402 27.55 TWD 28.72 TWD +4%
K.P.R. Mill Limited KPRMILL ₹1,083 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥78.00 ¥11.85 -85%
Zhejiang Orient Holdings 600120 ¥5.18 ¥2.21 -57%
Vardhman Textiles Limited VTL ₹602.20 ₹437.53 -27%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 323.84 TRY +86%
Bros Eastern.,Ltd 601339 ¥8.08 ¥7.87 -3%

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Frequently asked questions

Is Donear Industries Limited (DONEAR) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹104.78 versus a price of ₹85.00, about +23% (undervalued).
What is the fair value of DONEAR?
Our model-based fair value for Donear Industries Limited is ₹104.78 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹85.00.
What is the quality score of DONEAR?
Donear Industries Limited has a Quality Score of 44/100. 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 Donear Industries Limited (DONEAR)?
Donear Industries Limited reported trailing-twelve-month revenue of about ₹9.1B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of DONEAR?
The net profit margin of Donear Industries Limited is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does Donear Industries Limited pay a dividend?
Donear Industries Limited currently shows a dividend yield of about 0.22% relative to its recent price (as of Aug 2, 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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