INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of INDSIL HYDRO POWER AND MANGANESE LTD.-$ ₹44.37, price ₹38.01, upside +16.7%, quality 54 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range ₹12.56 – ₹112.53 · fair‑value band ₹31.98 – ₹66.96 · the ₹38.01 price screens below the ₹44.37 fair value. Dashed = 300-day average. As of Oct 3, 2026.
Follow INDSIL HYDRO POWER AND MANGANESE LTD.-$ in your weekly email
Every Wednesday you see whether INDSIL HYDRO POWER AND MANGANESE LTD.-$ is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Indsil Hydro Power and Manganese Limited manufactures and sells ferro chrome, ferro silicon, and low/medium/high carbon silico manganese alloys in India and internationally. It operates through two segments, Ferro Alloy and Power. The company's products are used in manufacturing stainless steel, special steel, and carbon steel products.
Show more
Indsil Hydro Power and Manganese Limited manufactures and sells ferro chrome, ferro silicon, and low/medium/high carbon silico manganese alloys in India and internationally. It operates through two segments, Ferro Alloy and Power. The company's products are used in manufacturing stainless steel, special steel, and carbon steel products. It is also involved in the generation of electric power with a hydro power plant with a capacity of 21 MW located in Rajakkad, Kerala; and a coal power plant with a capacity of 12 MW located in Raipur, Chhattisgarh. The company was formerly known as Indsil Electrosmelts Ltd. and changed its name to Indsil Hydro Power and Manganese Limited in January 2008.The company was incorporated in 1990 and is headquartered in Coimbatore, India. Indsil Hydro Power and Manganese Limited is a subsidiary of Sunmet Holdings India Private Limited.
Stock analysis
INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD) currently trades at ₹38.01, while our model-based Fair Value estimate is ₹44.37, implying the stock looks roughly 14.3% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹83.87 per share, and 18 of the 26 models we run sit above the ₹38.01 price.
Bear case: the Dividend Discount group reads lowest at ₹6.58, and 8 of the 26 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹31.98 (bear) to ₹66.96 (bull), the price of ₹38.01 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 54/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
INDSIL HYDRO POWER AND MANGANESE LTD.-$ reported revenue of ₹1.5B in FY2026 versus ₹2.1B in FY2022, a compound −7.7%/yr. Reported net income was ₹150M in FY2026, compounding −37.1%/yr from FY2022.
Key figures
Market cap ₹1.1B (≈ $11.0M) · P/E ratio 7.6 · P/S ratio 0.75 · EPS (TTM) ₹5.02 · Dividend yield 1.6% · Net margin 9.9% · Return on equity 7.8% · Return on assets (EBIT) 2.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and 26% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −44% fair-value upside, at 17%, INDSILHYD screens cheaper than that median.
Fair Value models
Bear ₹31.98Fair Value ₹44.37Bull ₹66.96
Price ₹38.01 · Upside +16.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹2.28 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.24/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+18.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−5.0%
Revenue growth 7 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−19.4%
’19
’20
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−29.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−31.0%
Dividend (yield on the price)1.6%
Profit margin 2020 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−8% → 8%
⚠ Revenue per share shrinking 24.4%/yr over ~5Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+33.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +28.1% a year for the price.
Compare INDSIL HYDRO POWER AND MANGANESE LTD.-$ with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Steel · 402 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score54 · Above median
Fair Value upside+16.7% · Above median
Profitability
Return on equity (TTM)7.8% · Above median
Return on assets3.4% · Above median
Net margin (TTM)9.2% · Top 25%
Operating margin (TTM)11.2% · Top 25%
Growth and dividend
Revenue growth−1.3% · Below median
Dividend yield (TTM)1.6% · Below median
Valuation Multiplesvs Steel median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "INDSIL HYDRO POWER AND MANGANESE LTD.-$ Fair Value". https://www.fairvalue-calculator.com/stock/INDSILHYD
Frequently asked questions
Is INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹44.37 versus a price of ₹38.01, about +17% upside (undervalued).
What is the fair value of INDSILHYD?
Our model-based fair value for INDSIL HYDRO POWER AND MANGANESE LTD.-$ is ₹44.37 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹38.01.
What is the quality score of INDSILHYD?
INDSIL HYDRO POWER AND MANGANESE LTD.-$ has a Quality Score of 54/100. 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 price target for INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
Our model-based price target is the fair value of ₹44.37 (as of Oct 3, 2026) from 26 valuation models. Cautious scenario ₹31.98, optimistic scenario ₹66.96. It is a calculation from audited fundamentals, not an analyst target.
What is the INDSIL HYDRO POWER AND MANGANESE LTD.-$ stock forecast for 2026?
Our models put fair value at ₹44.37, about +17% upside versus a price of ₹38.01 (undervalued). Cautious scenario ₹31.98, optimistic scenario ₹66.96. The calculation is refreshed regularly with new filings.
What is the revenue of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
INDSIL HYDRO POWER AND MANGANESE LTD.-$ reported trailing-twelve-month revenue of about ₹1.5B (latest available figure, as of Oct 3, 2026).
Does INDSIL HYDRO POWER AND MANGANESE LTD.-$ pay a dividend?
INDSIL HYDRO POWER AND MANGANESE LTD.-$ currently shows a dividend yield of about 1.58% relative to its recent price (as of Oct 3, 2026).
What growth is priced into INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
For today's price to be fair in a discounted-cash-flow model, INDSIL HYDRO POWER AND MANGANESE LTD.-$ would have to grow free cash flow by +33.4 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +20.1 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of INDSILHYD use?
Our models discount INDSIL HYDRO POWER AND MANGANESE LTD.-$ at 11.3 %: a base by market capitalisation (nano), damped by beta 0.66, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For INDSIL HYDRO POWER AND MANGANESE LTD.-$ that is +33.4 % per year a year over ten years, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD) delivered so far?
Over the past 5 years revenue at INDSIL HYDRO POWER AND MANGANESE LTD.-$ grew +20.1 % a year. The price currently implies +33.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD) growing?
The median revenue growth in the sector is +12.5 % a year. That is the yardstick for the growth priced into INDSIL HYDRO POWER AND MANGANESE LTD.-$ (+33.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
The free-cash-flow yield on the price is 1.77 %: that much free cash flow INDSIL HYDRO POWER AND MANGANESE LTD.-$ produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For INDSIL HYDRO POWER AND MANGANESE LTD.-$ it is ₹44.37 per share (as of Oct 3, 2026), against a price of ₹38.01. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is INDSIL HYDRO POWER AND MANGANESE LTD.-$ stock overvalued or undervalued in 2026?
As of Oct 3, 2026, INDSILHYD trades below its calculated fair value: price ₹38.01, fair value ₹44.37, a gap of about +17% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of INDSILHYD?
No. The price is what the market pays today (₹38.01); the fair value is what the company's own numbers justify (₹44.37). For INDSIL HYDRO POWER AND MANGANESE LTD.-$ the two are ₹6.36 per share apart. That gap is exactly why we show both numbers side by side.
How much is INDSIL HYDRO POWER AND MANGANESE LTD.-$ worth?
The market values INDSIL HYDRO POWER AND MANGANESE LTD.-$ at about ₹1.1B (market capitalisation, as of Oct 3, 2026). Per share that is ₹38.01; our models calculate a fair value of ₹44.37 per share.
What do the bullish and bearish scenarios say about INDSILHYD?
Our models span a range for INDSIL HYDRO POWER AND MANGANESE LTD.-$: cautious scenario ₹31.98, base ₹44.37, optimistic ₹66.96 per share (as of Oct 3, 2026, price ₹38.01). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of INDSILHYD?
INDSIL HYDRO POWER AND MANGANESE LTD.-$ trades at a price-to-earnings ratio of 7.6 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹44.37 is built from several models across several years. Other multiples: P/B 0.5, P/S 0.7, EV/EBITDA 7.3.
How solid is the balance sheet of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
Balance-sheet figures for INDSIL HYDRO POWER AND MANGANESE LTD.-$ (as of Oct 3, 2026): return on equity 7.8%. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is INDSILHYD from its 52-week high?
INDSIL HYDRO POWER AND MANGANESE LTD.-$ trades at ₹38.01, about 25% below its 52-week high of ₹50.74 and 26% above the low of ₹30.16 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹44.37 is for.
Which stocks are comparable to INDSIL HYDRO POWER AND MANGANESE LTD.-$?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is INDSIL HYDRO POWER AND MANGANESE LTD.-$ stock attractive at the current price?
The data as of Oct 3, 2026: price ₹38.01, calculated fair value ₹44.37 (+17%), Quality Score 54/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of INDSILHYD calculated?
We run INDSIL HYDRO POWER AND MANGANESE LTD.-$ through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹44.37, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.9 % above its aggregate fair value. INDSIL HYDRO POWER AND MANGANESE LTD.-$ currently trades 14 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
The closing price on Oct 1, 2026 was ₹38.01. Our model-based fair value is ₹44.37, about +17% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with INDSIL HYDRO POWER AND MANGANESE LTD.-$ right now?
A fairly wide model range (₹31.98 to ₹66.96) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of INDSIL HYDRO POWER AND MANGANESE LTD.-$
How large is the market capitalisation of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
The market capitalisation of INDSIL HYDRO POWER AND MANGANESE LTD.-$ is ₹1.1B (≈ $11.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
The price-to-sales ratio of INDSIL HYDRO POWER AND MANGANESE LTD.-$ is 0.75 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
Earnings per share at INDSIL HYDRO POWER AND MANGANESE LTD.-$ are ₹5.02 (price ÷ EPS = P/E 7.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
The dividend yield of INDSIL HYDRO POWER AND MANGANESE LTD.-$ is 1.6% (payout 12.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
The net margin of INDSIL HYDRO POWER AND MANGANESE LTD.-$ is 9.9% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
The return on equity (ROE) of INDSIL HYDRO POWER AND MANGANESE LTD.-$ is 7.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
On an EBIT basis the return on assets of INDSIL HYDRO POWER AND MANGANESE LTD.-$ is 2.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
The operating margin of INDSIL HYDRO POWER AND MANGANESE LTD.-$ is 11.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
Revenue at INDSIL HYDRO POWER AND MANGANESE LTD.-$ is growing −1.3% versus a year earlier (3y avg −5.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD)?
Earnings per share at INDSIL HYDRO POWER AND MANGANESE LTD.-$ are growing −17.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does INDSIL HYDRO POWER AND MANGANESE LTD.-$ (INDSILHYD) carry?
The net debt of INDSIL HYDRO POWER AND MANGANESE LTD.-$ is ₹946M (fiscal year 2024, ≈ 50.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch INDSIL HYDRO POWER AND MANGANESE LTD.-$ in the live analysis
One click puts INDSIL HYDRO POWER AND MANGANESE LTD.-$ 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.
