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Indo Rama Synthetics (India) Limited (INDORAMA) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹11.9B

IR Indo Rama Synthetics (India) Limited INDORAMA · NSE
Price₹45.72
Fair Value₹104.63
Upside+128.8%
Quality60/100
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Evidence: High Range ₹57.04 – ₹157.64

Fair value as of: Jul 3, 2026

From 23 valuation models · updated yesterday

Share price +15.1% over the past month.

Price vs Fair Value (12 months)

₹67.05 ₹27.31 Fair Value ₹104.63 Jul 2025 Jul 2026

12‑month range ₹27.31 – ₹67.05 · fair‑value band ₹57.04 – ₹157.64 · the ₹45.72 price screens below the ₹104.63 fair value. As of Jul 3, 2026.

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Analysis

Indo Rama Synthetics (India) Limited (INDORAMA) currently trades at ₹45.72, while our model-based Fair Value estimate is ₹104.63 — implying the stock looks roughly 128.8% undervalued today. We read business quality at 60/100 (solid 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, Indo Rama Synthetics (India) Limited generated revenue of ₹49.1B at a net margin of 3.1%. Revenue grew 0.3% year over year. It earns a return on equity of 33.9%. Net debt stands at ₹11.2B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹49.1B
Revenue growth (YoY) +0.3%
Net margin 3.1%
Return on equity 33.9%
Free cash flow ₹1.1B FY2026
P/E ratio 8.0
More key figures
Operating margin 8.8%
EPS (TTM) ₹5.75
EPS growth (YoY) +25.5%
Net debt ₹11.2B FY2026

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

About the company

Indo Rama Synthetics (India) Limited manufactures and trades polyester products in India, Turkey, Nepal, and internationally. It provides various polyester products, including polyester staple fiber, partially oriented yarn, polyester filament yarn, draw texturized yarn, fully drawn yarn, and polyester chips. It involved in the trading of spun yarn and operations of converting flakes into chips. The company's products are used in a range of product applications, such as apparel and sportswear, home furnishings and textiles, hygiene and non-woven, automotive, and bottle for water, beverages, etc. Indo Rama Synthetics (India) Limited was incorporated in 1986 and is based in Gurugram, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Indo Rama Synthetics (India) Limited reported revenue of ₹49.1B in FY2026 versus ₹40.4B in FY2022, a compound +5.0%/yr. Reported net income was ₹1.5B in FY2026, compounding −13.6%/yr from FY2022.

Revenue +5.0%/yr
FY22 ₹40.4B
FY23 ₹39.3B
FY24 ₹37.0B
FY25 ₹42.6B
FY26 ₹49.1B
Net income −13.6%/yr
FY22 ₹2.7B
FY23 −₹246M
FY24 −₹2.0B
FY25 ₹14.0M
FY26 ₹1.5B

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Frequently asked questions

Is Indo Rama Synthetics (India) Limited (INDORAMA) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹104.63 versus a price of ₹45.72 — about +129% (undervalued). Model-based estimate, not financial advice.
What is the fair value of INDORAMA?
Our model-based fair value for Indo Rama Synthetics (India) Limited is ₹104.63 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹45.72.
What is the quality score of INDORAMA?
Indo Rama Synthetics (India) Limited has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Indo Rama Synthetics (India) Limited (INDORAMA)?
Indo Rama Synthetics (India) Limited reported trailing-twelve-month revenue of about ₹49.1B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of INDORAMA?
The net profit margin of Indo Rama Synthetics (India) Limited is about 3.1%, meaning it keeps roughly 3.1% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.