IKIO Lighting Limited (IKIO) Fair Value & Analysis
Technology · IN · Market cap ₹15.1B (≈ $160M) · ISIN INE0LOJ01019
What is IKIO Lighting Limited really worth?
Below-average quality, and trading another 55% above our fair value of ₹137.05.
As of Aug 21, 2026, the fair value of IKIO Lighting Limited is ₹137.05 per share against a price of ₹212.65, so the fair value sits 36% below the price. A model estimate blended from multiple valuation models, recalculated regularly.
Risks
Fair value as of: Aug 21, 2026
From 14 valuation models · updated 16 days ago
Share price +3.7% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price sits above even our optimistic bull case (₹171.31). The favourable scenario is already priced in.
- Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
Price vs Fair Value (3 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.
How to read this chart
39‑month range ₹106.90 – ₹461.02 · fair‑value band ₹102.78 – ₹171.31 · the ₹212.65 price screens above the ₹137.05 fair value. Dashed = 300-day average. As of Aug 21, 2026.
Analysis
IKIO Lighting Limited (IKIO) currently trades at ₹212.65, while our model-based Fair Value estimate is ₹137.05, implying the stock looks roughly 55.2% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Technology sector. Bull case: the Growth Earnings group reads highest at a median of ₹148.09 per share, and 1 of the 14 models we run sit above the ₹212.65 price. Bear case: the Asset-Based group reads lowest at ₹52.20, and 13 of the 14 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, IKIO Lighting Limited generated revenue of ₹6.4B at a net margin of 7.2%. Revenue grew 40.9% year over year. It earns a return on equity of 7.1%. Net debt stands at ₹194M. Fundamentals as of Aug 21, 2026
Our scenario range runs from ₹102.78 (bear case) to ₹171.31 (bull case); at ₹212.65, 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 15% below its 52-week high and 104% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at −36%, IKIO screens cheaper than that median.
Fair Value models
This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹2.60 per share, which is 1.9 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.
All 14 models by family
Widest divergence: Growth Earnings (₹148.09) versus Asset-Based (₹52.20). Highest evidence: Residual Income (73).
Notify me when IKIO reaches fair value
Put IKIO on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 49 · Market factors (momentum, volatility) 63
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
IKIO Lighting Limited designs, develops, and produces light emitting diode (LED) lighting and energy solutions in India. The company offers ODM for LED lights, switches and hardware components, LED refrigeration lights and controls, recreational vehicle components, and LED drivers.
Full company description
IKIO Lighting Limited designs, develops, and produces light emitting diode (LED) lighting and energy solutions in India. The company offers ODM for LED lights, switches and hardware components, LED refrigeration lights and controls, recreational vehicle components, and LED drivers. It also provides LED lighting, which includes lights, fittings, fixtures, accessories, and components; lighting solutions, including lights, drivers, and controls, to commercial refrigeration equipment manufacturers; non-lighting solutions, such as solar panels, ABS pipes, IPS controllers, rotary switches, fan regulators and assembly, lithium battery, USB chargers; and other products, including client-designed fan regulators, light strips, mouldings, and other components and spares. Its equipment and systems are used in various industries, including residential, industrial, and commercial lighting. The company was incorporated in 2016 and is based in Noida, India.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
IKIO Lighting Limited reported revenue of ₹6.0B in FY2026 versus ₹3.3B in FY2022, a compound +15.7%/yr. Reported net income was ₹378M in FY2026, compounding −7.0%/yr from FY2022.
IKIO screens 55% overvalued. Compare with Amphenol Corporation →
Peer Group
Electronic Components · 638 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.
Valuation Multiples vs Electronic Components median · lower = cheaper
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Amphenol Corporation APH | $157.74 | $97.19 | −38% |
| Corning Incorporated GLW | CHF 134.64 | CHF 35.18 | −74% |
| Delta Electronics, Inc 2308 | 1,750 TWD | 602.37 TWD | −66% |
| Luxshare Precision Industry Co 002475 | ¥56.06 | ¥38.44 | −31% |
| Samsung Electro-Mechanics Co 009150 | 1,503,000 KRW | 172,954 KRW | −88% |
| Suzhou Dongshan Precision Manufacturing Co 002384 | ¥202.11 | ¥21.19 | −90% |
| TE Connectivity plc TEL | $202.66 | $144.42 | −29% |
| Shengyi Technology Co 600183 | ¥132.80 | ¥36.30 | −73% |
| Flex Ltd FLEX | $124.53 | $48.10 | −61% |
| Celestica Inc CLS | $298.70 | $113.54 | −62% |
Compare IKIO Lighting Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is IKIO Lighting Limited (IKIO) overvalued or undervalued?
What is the fair value of IKIO?
What is the quality score of IKIO?
What is the price target for IKIO Lighting Limited (IKIO)?
What is the IKIO Lighting Limited stock forecast for 2026?
What is the revenue of IKIO Lighting Limited (IKIO)?
What is the net profit margin of IKIO?
Does IKIO Lighting Limited pay a dividend?
Watch IKIO Lighting Limited in the live analysis
One click puts IKIO Lighting Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.