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Halder Venture Ltd (HALDER) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹2.9B

HV Halder Venture Ltd HALDER · BSE
Price₹285.00
Fair Value₹391.39
Upside+37.3%
Quality18/100
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Weak Growth
Thin margins · 0.6% net margin
Low debt · negative free cash flow
Mixed vs. peers (7/12)
Narrow moat 30/100
Evidence: High Range ₹294.59 – ₹489.24 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 6 days ago

Below-average quality, screening 37% undervalued on our models.

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What matters now

  • The large discount to fair value meets weak quality (18/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (₹294.59). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

₹347.07 ₹30.11 Fair Value ₹391.39 Mar 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 ₹30.11 – ₹347.07 · fair‑value band ₹294.59 – ₹489.24 · the ₹285.00 price screens below the ₹391.39 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Halder Venture Ltd (HALDER) currently trades at ₹285.00, while our model-based Fair Value estimate is ₹391.39, implying the stock looks roughly 37.3% undervalued today. The Quality Score stands at 18/100 (below-average quality), in the Consumer Defensive 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, Halder Venture Ltd generated revenue of ₹2.3B at a net margin of 0.6%. Revenue grew 104.0% year over year. It earns a return on equity of 3.3%. Net debt stands at ₹3.4B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹294.59 (bear case) to ₹489.24 (bull case); at ₹285.00, 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 12% below its 52-week high and 61% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 97% fair-value upside, at 37%, HALDER 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 ₹148.11 ₹207.04 ₹785.78 76
ROIC Compounder ₹113.05 ₹135.65 ₹174.94 72
Gordon GGM ₹8.78 ₹17.50 ₹26.50 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹157.11 ₹1,096 ₹1,538 54
Lynch FV ₹566.07 ₹808.68 ₹1,051 50
PEG = 1.0 ₹566.07 ₹808.68 ₹1,051 46
EPV ₹113.05 ₹135.65 ₹155.16 59
Dividend Discount
Gordon GGM ₹8.78 ₹17.50 ₹26.50 70
DDM Multi-Stage ₹8.78 ₹15.12 ₹18.47 61
Multiples
P/E Multiple ₹363.90 ₹485.21 ₹606.51 63
P/S Multiple ₹294.59 ₹392.79 ₹490.98 58
P/B Multiple ₹294.59 ₹392.79 ₹490.98 55
EV/EBIT ₹192.99 ₹267.36 ₹341.73 53
EV/EBITDA ₹188.56 ₹261.45 ₹334.34 54
EV/Revenue ₹129.11 ₹197.36 ₹265.61 43
Asset-Based
NCAV (Graham) ₹71.76 ₹96.16 ₹143.52 50
Economic Profit
Residual Income ₹148.11 ₹207.04 ₹785.78 76
ROIC Compounder ₹113.05 ₹135.65 ₹174.94 72
Growth Earnings
Growth-Adj P/E ₹740.43 ₹1,058 ₹1,375 68

Widest divergence: Growth Earnings (₹1,058) versus Dividend Discount (₹15.12). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹2.3B
Revenue growth (YoY) +104%
Net margin 0.6%
Return on equity 3.3%
Free cash flow −₹269M FY2026
P/E ratio 11.1
More key figures
Operating margin 9.0%
EPS (TTM) ₹25.64
EPS growth (YoY) -2.3%
Net debt ₹3.4B FY2026

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

Quality Score breakdown

Overall quality 18/100

Of which business quality 21 · Market factors (momentum, volatility) 37

Profitability 48
Margins and returns on capital today
Quality Growth 19
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 20
Balance sheet, leverage, solvency risk
Investment 25
Disciplined investing over empire-building
Low Volatility 8
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 57
Distance to the 52-week high (market factor)
Net Issuance 4
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

Halder Venture Limited engages in the milling and processing of rice, and manufacture and trade of rice bran in India. The company's products include parboiled rice, puffed rice, rice bran oil, de-oil rice bran, and lecithin. It also trades in raw cashew nuts in cell.

Full company description

Halder Venture Limited engages in the milling and processing of rice, and manufacture and trade of rice bran in India. The company's products include parboiled rice, puffed rice, rice bran oil, de-oil rice bran, and lecithin. It also trades in raw cashew nuts in cell. The company also exports its products to China, Nepal, Benin, Togo, Tanzania, Myanmar, Bangladesh, Niger, Burkina Faso, Vietnam, Sierra Leone, and Gambia. Halder Venture Limited was founded in 1924 and is based in Kolkata, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Halder Venture Ltd reported revenue of ₹6.5B in FY2026 versus ₹8.9B in FY2022, a compound −7.7%/yr. Reported net income was ₹287M in FY2026, compounding +6.2%/yr from FY2022.

Growth Quality 21/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹6.5B
Latest YoY
−23.5%
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.
+21.0%
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.
+0.8%
Avg. growth/yr (10Y) 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.
+65.0%
Revenue −7.7%/yr
FY22 ₹8.9B
FY23 ₹3.6B
FY24 ₹6.4B
FY25 ₹8.4B
FY26 ₹6.5B
Net income +6.2%/yr
FY22 ₹226M
FY23 ₹59.3M
FY24 ₹117M
FY25 ₹211M
FY26 ₹287M

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Cite: Fair Value Calculator (2026). "Halder Venture Ltd Fair Value". https://www.fairvalue-calculator.com/stock/HALDER

Peer Group

Farm Products · 302 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 18 · Bottom 25%
Fair Value upside +37% · Above median
Return on equity (TTM) 3% · Below median
Return on assets 6% · Above median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 9% · Above median
Revenue growth 104% · Top 25%
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.30× · Higher than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 11.1× · Cheaper than median
P/S (TTM) 0.01× · Cheaper than 75% of peers
EV/EBITDA 4.6× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE83 · sector 28
FUTURE100 · sector 20
PAST13 · sector 18
HEALTH85 · sector 94
DIVIDEND9 · sector 47

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.15 ¥47.42 +18%
Charoen Pokphand Foods Public Company CPF 21.90 THB 43.24 THB +97%
PT Charoen Pokphand Indonesia Tbk, CPIN 2,960 IDR 6,818 IDR +130%
PT Triputra Agro Persada Tbk TAPG 1,805 IDR 3,087 IDR +71%
PT FAP Agri Tbk FAPA 7,350 IDR 6,420 IDR -13%
PT Japfa Comfeed Indonesia Tbk JPFA 2,260 IDR 6,974 IDR +209%
PT Jhonlin Agro Raya Tbk JARR 1,890 IDR 610.80 IDR -68%
PT Nusantara Sawit Sejahtera Tbk NSSS 860.00 IDR 402.24 IDR -53%
PT Sinar Mas Agro Resources and Technology Tbk SMAR 5,625 IDR 16,227 IDR +188%
PT Dharma Satya Nusantara Tbk DSNG 1,320 IDR 2,696 IDR +104%

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Frequently asked questions

Is Halder Venture Ltd (HALDER) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹391.39 versus a price of ₹285.00, about +37% (undervalued).
What is the fair value of HALDER?
Our model-based fair value for Halder Venture Ltd is ₹391.39 (as of Aug 13, 2026), built from audited fundamentals. The current price: ₹285.00.
What is the quality score of HALDER?
Halder Venture Ltd has a Quality Score of 18/100. 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 Halder Venture Ltd (HALDER)?
Halder Venture Ltd reported trailing-twelve-month revenue of about ₹2.3B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of HALDER?
The net profit margin of Halder Venture Ltd is about 0.6%, meaning it keeps roughly 0.6% 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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