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Ginni Filaments Limited (GINNIFILA) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹4.4B

GF Ginni Filaments Limited GINNIFILA · NSE
Price₹45.03
Fair Value₹69.85
Upside+55.1%
Quality76/100
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Weak Growth
Solidly profitable · 10.1% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Moderate moat 59/100
Evidence: High Range ₹53.21 – ₹93.41 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 3 days ago

Share price −11.8% over the past month.

A strong business, screening 55% undervalued on our models.

What matters now

  • The rarer combination: high quality (76/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (₹53.21). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

₹61.85 ₹16.90 Fair Value ₹69.85 May 2021 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 ₹16.90 – ₹61.85 · fair‑value band ₹53.21 – ₹93.41 · the ₹45.03 price screens below the ₹69.85 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Ginni Filaments Limited (GINNIFILA) currently trades at ₹45.03, while our model-based Fair Value estimate is ₹69.85, implying the stock looks roughly 55.1% undervalued today. The Quality Score stands at 76/100 (high 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, Ginni Filaments Limited generated revenue of ₹3.7B at a net margin of 10.1%. Revenue declined 12.9% year over year. It earns a return on equity of 18.8%. Net debt stands at ₹173M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹53.21 (bear case) to ₹93.41 (bull case); at ₹45.03, the current price sits below 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 22% below its 52-week high and 43% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -7% fair-value upside, at 55%, GINNIFILA 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
Growth DCF ₹57.60 ₹76.46 ₹107.69 80
Residual Income ₹27.67 ₹38.00 ₹126.55 76
Rev-Margin DCF ₹43.12 ₹60.44 ₹81.98 74
All 24 models by family
DCF Models
FCF DCF ₹55.34 ₹74.91 ₹110.03 38
Owner Earnings ₹43.30 ₹58.47 ₹85.69 31
5Y Revenue Exit ₹43.12 ₹59.14 ₹82.37 39
5Y EBITDA Exit ₹59.68 ₹87.81 ₹125.07 41
5Y P/E Exit ₹59.89 ₹88.17 ₹121.97 38
10Y Revenue Exit ₹46.78 ₹58.96 ₹71.73 36
10Y EBITDA Exit ₹57.52 ₹76.28 ₹96.23 37
10Y P/E Exit ₹57.64 ₹76.50 ₹94.44 35
Earnings-Based
Graham-Dodd ₹29.41 ₹35.94 ₹40.43 54
EPV ₹53.93 ₹62.16 ₹69.26 59
Dividend Discount
Gordon GGM ₹1.05 ₹1.15 ₹1.29 70
DDM Multi-Stage ₹1.05 ₹1.30 ₹1.64 61
Multiples
P/E Multiple ₹71.35 ₹95.13 ₹118.92 63
P/S Multiple ₹38.74 ₹51.66 ₹64.57 58
P/B Multiple ₹55.13 ₹73.51 ₹91.89 55
EV/EBIT ₹92.38 ₹122.56 ₹152.74 53
EV/EBITDA ₹72.79 ₹96.44 ₹120.08 54
EV/Revenue ₹38.00 ₹53.50 ₹68.99 43
Asset-Based
NCAV (Graham) ₹13.75 ₹18.43 ₹27.50 50
Growth DCF
Growth DCF ₹57.60 ₹76.46 ₹107.69 80
Rev-Margin DCF ₹43.12 ₹60.44 ₹81.98 74
Economic Profit
Residual Income ₹27.67 ₹38.00 ₹126.55 76
ROIC Compounder ₹53.93 ₹64.27 ₹74.55 72
Growth Earnings
Growth-Adj P/E ₹50.30 ₹71.85 ₹93.41 68

Widest divergence: DCF Models (₹74.91) versus Dividend Discount (₹1.15). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹3.7B
Revenue growth (YoY) -12.9%
Net margin 10.1%
Return on equity 18.8%
Free cash flow ₹495M FY2026
P/E ratio 9.4
More key figures
Operating margin 12.4%
EPS (TTM) ₹4.78
EPS growth (YoY) +50.0%
Net debt ₹173M FY2026

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

Quality Score breakdown

Overall quality 76/100

Of which business quality 73 · Market factors (momentum, volatility) 46

Profitability 70
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 69
Earnings quality: real cash, not paper profit
Fin. Strength 71
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 35
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

Ginni Filaments Limited engages in the manufacture and sale of textile products in India and internationally. The company offers non-woven fabrics comprising viscose-polyester blends, polyester, viscose, and cotton enriched blends that are used in personal care, hygiene, and medical industries.

Full company description

Ginni Filaments Limited engages in the manufacture and sale of textile products in India and internationally. The company offers non-woven fabrics comprising viscose-polyester blends, polyester, viscose, and cotton enriched blends that are used in personal care, hygiene, and medical industries. It also provides garments; wipes and cosmetics; and hygiene, hair care, skin care, body care, women care, medical, home care, and baby care products. The company sells its products under the GINNI brand name. Ginni Filaments Limited was incorporated in 1982 and is based in Noida, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Ginni Filaments Limited reported revenue of ₹3.7B in FY2026 versus ₹10.7B in FY2022, a compound −23.4%/yr. Reported net income was ₹370M in FY2026, compounding −6.5%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹3.7B
Latest YoY
−1.4%
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.
+0.5%
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.
−13.8%
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.
+3.4%
Revenue −23.4%/yr
FY22 ₹10.7B
FY23 ₹3.6B
FY24 ₹3.4B
FY25 ₹3.7B
FY26 ₹3.7B
Net income −6.5%/yr
FY22 ₹484M
FY23 −₹143M
FY24 −₹845M
FY25 ₹42.0M
FY26 ₹370M
Character of growth · EPS growth decomposed (2015-2026) +6.4 % p.a.
Revenue per share −9.4 pp

of which total revenue −7.6 pp · buybacks/dilution −1.9 pp

EBIT margin +15.5 pp
Tax rate +4.2 pp
Residual (interest, one-offs) −3.9 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). "Ginni Filaments Limited Fair Value". https://www.fairvalue-calculator.com/stock/GINNIFILA

Peer Group

Textile Manufacturing · 320 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 76 · Top 25%
Fair Value upside +55% · Top 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth -13% · Below median
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/E (TTM) 9.4× · Cheaper than 75% of peers
P/B 1.87× · Pricier than median
P/S (TTM) 1.20× · Pricier than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 6.2× · 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 100 · sector 8
FUTURE 0 · sector 0
PAST 75 · sector 15
HEALTH 98 · sector 95
DIVIDEND 5 · sector 35

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 13, 2026).

Stock Price Fair Value vs Fair Value
Shenzhou International Group 2313 HK$42.10 HK$68.24 +62%
Tongkun Group 601233 ¥22.67 ¥14.53 -36%
Inner Mongolia ERDOS Resources Co 600295 ¥12.79 ¥14.35 +12%
Far Eastern New Century Corporation 1402 27.55 TWD 25.64 TWD -7%
K.P.R. Mill Limited KPRMILL ₹1,089 ₹467.49 -57%
HMT (Xiamen) New Technical Materials Co 603306 ¥71.55 ¥11.85 -83%
Vardhman Textiles Limited VTL ₹591.90 ₹437.53 -26%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 324.31 TRY +86%
Ruentex Industries Ltd 2915 54.10 TWD 133.24 TWD +146%
Welspun Living Limited WELSPUNLIV ₹165.23 ₹47.77 -71%

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Frequently asked questions

Is Ginni Filaments Limited (GINNIFILA) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹69.85 versus a price of ₹45.03, about +55% (undervalued).
What is the fair value of GINNIFILA?
Our model-based fair value for Ginni Filaments Limited is ₹69.85 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹45.03.
What is the quality score of GINNIFILA?
Ginni Filaments Limited has a Quality Score of 76/100. 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 Ginni Filaments Limited (GINNIFILA)?
Ginni Filaments Limited reported trailing-twelve-month revenue of about ₹3.7B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of GINNIFILA?
The net profit margin of Ginni Filaments Limited is about 10.1%, meaning it keeps roughly 10.1% 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.

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