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International Combustion (India) Limited (INTLCOMBQ) Fair Value & Analysis

Industrials · IN · Market cap ₹1.2B

IC International Combustion (India) Limited INTLCOMBQ · BSE
Price₹511.40
Fair Value₹246.06
Upside-51.9%
Quality52/100
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Evidence: Medium Range ₹160.34 – ₹331.78

Fair value as of: Jul 5, 2026

From 12 valuation models · updated today

Share price +3.2% over the past month.

Price vs Fair Value (12 months)

₹851.49 ₹365.70 Fair Value ₹246.06 Jul 2025 Jul 2026

12‑month range ₹365.70 – ₹851.49 · fair‑value band ₹160.34 – ₹331.78 · the ₹511.40 price screens above the ₹246.06 fair value. As of Jul 5, 2026.

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Analysis

International Combustion (India) Limited (INTLCOMBQ) currently trades at ₹511.40, while our model-based Fair Value estimate is ₹246.06 — implying the stock looks roughly 51.9% overvalued today. We read business quality at 52/100 (solid quality), in the Industrials 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: medium).

Over the trailing twelve months, International Combustion (India) Limited generated revenue of ₹2.9B at a net margin of -0.8%. Revenue declined 1.0% year over year. It earns a return on equity of -1.8%. Net debt stands at ₹231M. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹160.34 (bear case) to ₹331.78 (bull case); at ₹511.40, the current price sits above that range. The share trades about 43% below its 52-week high and 48% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -44% fair-value upside — at -52%, INTLCOMBQ screens richer than that median.

Key figures & financial health

Revenue (TTM) ₹2.9B
Revenue growth (YoY) -1.0%
Net margin -0.8%
Return on equity -1.8%
Free cash flow ₹164M FY2026
Operating margin 1.7%
More key figures
EPS (TTM) ₹-10.02
EPS growth (YoY) -84.2%
Net debt ₹231M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

International Combustion (India) Limited manufactures and supplies heavy engineering equipment, geared motors and gear boxes, and dry mix products in India and internationally. It operates through three segments: Mineral & Material Processing and Handling Equipment; Gear Box and Geared Motor Drive System; and Building Material Division. The company offers vibratory equipment, including grizzly screens/feeders, linear and circular motion screens, sizers, omni screens, flip flop screening machines, vibrating feeders and exciters, and polyurithine and rubber screen decks and liners, as well as monitoring systems for electronic vibrating machines. It also provides various grinding mills classifiers for drying systems; bulk material handling equipment, such as spiraling belt and girdle pocket elevators, scooping belt conveyers, and apron feeders; jaw, cone, and roll crushers, as well as vertical shaft impactors; and rotary drum dryers and coolers. In addition, the company offers mozer …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

International Combustion (India) Limited reported revenue of ₹2.9B in FY2026 versus ₹1.7B in FY2022, a compound +15.2%/yr. Reported net income was −₹23.9M in FY2026.

Revenue +15.2%/yr
FY22 ₹1.7B
FY23 ₹2.2B
FY24 ₹2.9B
FY25 ₹2.9B
FY26 ₹2.9B
Net income
FY22 ₹41.5M
FY23 ₹83.1M
FY24 ₹200M
FY25 ₹149M
FY26 −₹23.9M

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Cite: Fair Value Calculator (2026). "International Combustion (India) Limited Fair Value". https://www.fairvalue-calculator.com/stock/INTLCOMBQ

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Frequently asked questions

Is International Combustion (India) Limited (INTLCOMBQ) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹246.06 versus a price of ₹511.40 — about −52% (overvalued). Model-based estimate, not financial advice.
What is the fair value of INTLCOMBQ?
Our model-based fair value for International Combustion (India) Limited is ₹246.06 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹511.40.
What is the quality score of INTLCOMBQ?
International Combustion (India) Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of International Combustion (India) Limited (INTLCOMBQ)?
International Combustion (India) Limited reported trailing-twelve-month revenue of about ₹2.9B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of INTLCOMBQ?
The net profit margin of International Combustion (India) Limited is about -0.8%, meaning it is currently running at a net loss. 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.

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