Indian Toners & Developers Limited (INDTONER) Fair Value & Analysis
Basic Materials · IN · Market cap ₹3.0B
Fair value as of: Jul 5, 2026
From 26 valuation models · updated today
Share price +17.7% over the past month.
Price vs Fair Value (12 months)
12‑month range ₹219.00 – ₹296.75 · fair‑value band ₹335.89 – ₹556.89 · the ₹292.85 price screens below the ₹445.51 fair value. As of Jul 5, 2026.
✦ Which stocks are undervalued right now? Check free Discover now →Analysis
Indian Toners & Developers Limited (INDTONER) currently trades at ₹292.85, while our model-based Fair Value estimate is ₹445.51 — implying the stock looks roughly 52.1% undervalued today. We read business quality at 74/100 (solid quality), in the Basic Materials 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, Indian Toners & Developers Limited generated revenue of ₹1.7B at a net margin of 16.4%. Revenue grew 12.4% year over year. It earns a return on equity of 12.6%. The stock trades on a trailing P/E of 11.2. Fundamentals as of Jul 5, 2026
Our scenario range runs from ₹335.89 (bear case) to ₹556.89 (bull case); at ₹292.85, the current price sits below that range. The share trades about 2% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -66% fair-value upside — at 52%, INDTONER screens cheaper than that median.
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.
About the company
Indian Toners & Developers Limited manufactures and sells compatible toners in India. The company offers chemical color toners, laser toners, copier/digital toners, and wide format copier and printer toners. Its products are primarily used in laser, multi-function, and wide format printers, as well as digital machines and analogue copiers. The company provides its products under the ITDL Color Premium and Supremo brand names through a network of jobbers, re-fillers, distributors, and dealers/wholesalers. It also exports its products. The company was incorporated in 1990 and is headquartered in New Delhi, India.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Indian Toners & Developers Limited reported revenue of ₹1.7B in FY2026 versus ₹1.2B in FY2022, a compound +8.7%/yr. Reported net income was ₹272M in FY2026, compounding +9.5%/yr from FY2022.
Is INDTONER fairly valued? → Check now
Similar stocks
10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Linde plc LIN | $507.90 | $142.21 | -72% |
| L'Air Liquide S.A AIQUY | $38.20 | $13.08 | -66% |
| Air Products and Chemicals, Inc A1PD34 | R$360.05 | R$174.71 | -51% |
| Intercontinental Exchange, Inc I1CE34 | R$367.00 | R$311.38 | -15% |
| Wanhua Chemical Group 600309 | ¥67.90 | ¥46.52 | -31% |
| Asian Paints Limited ASIANPAINT | ₹2,687 | ₹655.71 | -76% |
| Nan Ya Plastics Corporation 1303 | 154.50 TWD | 7.80 TWD | -95% |
| PPG Industries, Inc PPG | 1,988 MXN | 68.53 MXN | -97% |
| LyondellBasell Industries N.V L1YB34 | R$171.50 | R$190.25 | +11% |
| Solar Industries India Limited SOLARINDS | ₹18,441 | ₹4,083 | -78% |
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Indian Toners & Developers Limited (INDTONER) undervalued?
What is the fair value of INDTONER?
What is the quality score of INDTONER?
What is the revenue of Indian Toners & Developers Limited (INDTONER)?
What is the net profit margin of INDTONER?
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.
Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.