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INDIGRID-IV Fair Value & Analysis

Utilities · IN · Market cap ₹163B

II INDIGRID-IV INDIGRID-IV · NSE
Price₹178.56
Fair Value₹89.63
Upside-49.8%
Quality45/100
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Evidence: High Range ₹54.42 – ₹112.03 📤 Share as image

Fair value as of: Jul 3, 2026

From 16 valuation models · updated 19 days ago

Share price +2.5% over the past month.

Price vs Fair Value (12 months)

₹179.59 ₹154.77 Fair Value ₹89.63 Jul 2025 Jul 2026

12‑month range ₹154.77 – ₹179.59 · fair‑value band ₹54.42 – ₹112.03 · the ₹178.56 price screens above the ₹89.63 fair value. As of Jul 3, 2026.

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Analysis

INDIGRID-IV (INDIGRID-IV) currently trades at ₹178.56, while our model-based Fair Value estimate is ₹89.63, implying the stock looks roughly 49.8% overvalued today. We read business quality at 45/100 (below-average quality), in the Utilities 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: high).

Net debt stands at ₹210B. Fundamentals as of Jul 3, 2026

Our scenario range runs from ₹54.42 (bear case) to ₹112.03 (bull case); at ₹178.56, the current price sits above that range. The share trades about 1% below its 52-week high and 17% above its 52-week low. For context, the median of 10 Utilities peers we cover trades at 55% fair-value upside, at -50%, INDIGRID-IV screens richer than that median.

Key figures & financial health

Return on equity 594%
Free cash flow −₹21.6B FY2026
Dividend yield 9.8%
Net debt ₹210B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

INDIGRID-IV reported revenue of ₹47.7B in FY2026 versus ₹22.2B in FY2022, a compound +21.0%/yr. Reported net income was ₹3.9B in FY2026, compounding +3.1%/yr from FY2022.

Revenue +21.0%/yr
FY22 ₹22.2B
FY23 ₹23.3B
FY24 ₹28.6B
FY25 ₹34.1B
FY26 ₹47.7B
Net income +3.1%/yr
FY22 ₹3.5B
FY23 ₹4.6B
FY24 ₹2.9B
FY25 ₹4.0B
FY26 ₹3.9B

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Cite: Fair Value Calculator (2026). "INDIGRID-IV Fair Value". https://www.fairvalue-calculator.com/stock/INDIGRID-IV

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Frequently asked questions

Is INDIGRID-IV undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹89.63 versus a price of ₹178.56, about −50% (overvalued). Model-based estimate, not financial advice.
What is the fair value of INDIGRID-IV?
Our model-based fair value for INDIGRID-IV is ₹89.63 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹178.56.
What is the quality score of INDIGRID-IV?
INDIGRID-IV has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the net profit margin of INDIGRID-IV?
The net profit margin of INDIGRID-IV is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.
Does INDIGRID-IV pay a dividend?
INDIGRID-IV currently shows a dividend yield of about 9.75% relative to its recent price (as of Jul 3, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.