INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ) fair value: what the stock is really worth
As of Oct 21, 2026: fair value (intrinsic value) of INVESTMENT & PRECISION CASTINGS LTD. stock ₹189, price ₹1,440, upside -86.9%, quality 60 out of 100. Rating: strongly overvalued. 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 21, 2026.
How to read this chart
60‑month range ₹104.66 – ₹1,597 · fair‑value band ₹100.80 – ₹247.24 · the ₹1,440 price screens above the ₹188.78 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 21, 2026.
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Investment & Precision Castings Limited, together with its subsidiary, engages in the production of investment castings in India. The company operates through two segments, Investment Castings and Wild Mill.
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It offers transmission parts, such as gear shifter levers, forks, fingers, etc.; engine parts, including injector clamping brackets and pre-combustion chambers; clutch parts; and coolant connections, diffusers, gas boxes, gas tanks, etc. for automotive industry.
The company also provides gimbal boxes, pedestal units, and structural castings for aircrafts and satellite launch vehicles; turbocharger for diesel engines, such as radial and axial nozzle rings; steam turbine blades, impellers, and diffusers for power plants; impellers, diffusers, and valve bodies for pumps and valves; knee joint and prosthetic assembly parts for medical implants; electrical and instrumentation parts comprising housing for flow meters and coil lugs; general engineering parts; electronic frames and body castings; and compressors, consisting of connecting rods and pistons.
In addition, it offers artisan castings that include sacral sculptures, statues, candlestands, lamps, etc.; and barstock machined components from various materials consisting of steel, aluminum, nickel, copper, and cobalt based alloys.
Further, the company engages in the operation of wind turbine generators. It also exports its products. Investment & Precision Castings Limited was incorporated in 1975 and is based in Bhavnagar, India.
Stock analysis
INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ) currently trades at ₹1,440, while our model-based Fair Value estimate is ₹188.78, 86.9% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ₹246.99 per share, and 0 of the 24 models we run sit above the ₹1,440 price.
Bear case: the Growth DCF group reads lowest at ₹63.90, and 24 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹100.80 (bear) to ₹247.24 (bull), the price of ₹1,440 sits above 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 60/100 (solid quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
INVESTMENT & PRECISION CASTINGS LTD. reported revenue of ₹1.9B in FY2026 versus ₹1.3B in FY2022, a compound +9.4%/yr. Reported net income was ₹118M in FY2026, compounding +187.7%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹14.4B (≈ $152M) Micro · P/E ratio 99.0 · P/S ratio 7.28 · EPS (TTM) ₹14.54 · Dividend yield 0.1% · Net margin 7.4% · Return on equity 12.1% · Return on assets (EBIT) 7.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (medium confidence).
What moves the price
The share trades about 10% below its 52-week high and 205% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −87%, INVPRECQ screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹5.04 to ₹460.59). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear₹100.80Fair Value ₹188.78Bull₹247.24
Price ₹1,440 · Upside -86.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (₹7.60 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.Coverage ⓘCoverage = 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+14.1%
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.
+3.4%
Revenue growth 5 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.
+12.6%
Start year 2021 (pandemic)
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.
+6.6%
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What shareholders gained per year (last 5 years), in INR (mathematically smoothed) ⓘ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. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. 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.
+69.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+69.8%
Dividend (yield on the price)0.1%
Profit margin 2021 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.6% → 12%
2026 sits 94% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
⚠ Revenue per share shrinking 3.9%/yr over ~5Y (margins intact) ⓘ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
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).
more than +80 %
Yearly growth needed for the next five years to justify today's price.
Compare INVESTMENT & PRECISION CASTINGS LTD. with another stock
Price, fair value, quality and upside side by side.
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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 · 407 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside−86.9% · Bottom 25%
Profitability
Return on equity (12 months)12.1% · Top 25%
Return on assets5.4% · Above median
Net margin (12 months)7.4% · Top 25%
Operating margin (12 months)16.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)18.9% · Above median
Dividend yield (12 months)0.1% · Bottom 25%
Balance sheet
Debt / equity0.17× · Above median
Valuation Multiplesvs Steel median · lower = cheaper
P/E (12 months)99.0× · Priciest 25%
P/B14.03× · Priciest 25%
P/S (12 months)7.28× · Priciest 25%
EV/EBITDA41.5× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 28
FUTURE (revenue growth)95· sector 33
PAST (return on equity)49· sector 20
HEALTH (low debt)92· sector 95
DIVIDEND (yield)1· sector 53
VALUE 0: the price sits above our fair-value range.
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.
Is INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ) overvalued or undervalued?
As of Oct 21, 2026, our model estimates a fair value of ₹188.78 versus a price of ₹1,440, about −87% upside (overvalued).
What is the fair value of INVPRECQ?
Our model-based fair value for INVESTMENT & PRECISION CASTINGS LTD. is ₹188.78 (as of Oct 21, 2026), built from audited fundamentals. The current price: ₹1,440.
What is the quality score of INVPRECQ?
INVESTMENT & PRECISION CASTINGS LTD. has a Quality Score of 60/100. 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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
Our model-based price target is the fair value of ₹188.78 (as of Oct 21, 2026) from 24 valuation models. Cautious scenario ₹100.80, optimistic scenario ₹247.24. It is a calculation from audited fundamentals, not an analyst target.
What is the INVESTMENT & PRECISION CASTINGS LTD. stock forecast for 2026?
Our models put fair value at ₹188.78, about −87% upside versus a price of ₹1,440 (overvalued). Cautious scenario ₹100.80, optimistic scenario ₹247.24. The calculation is refreshed regularly with new filings.
What is the revenue of INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
INVESTMENT & PRECISION CASTINGS LTD. reported trailing-twelve-month revenue of about ₹2.0B (latest available figure, as of Oct 21, 2026).
Does INVESTMENT & PRECISION CASTINGS LTD. pay a dividend?
INVESTMENT & PRECISION CASTINGS LTD. currently shows a dividend yield of 0.07% relative to its recent price (as of Oct 21, 2026).
What growth is priced into INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
For today's price to be fair in a discounted-cash-flow model, INVESTMENT & PRECISION CASTINGS LTD. would have to grow free cash flow by more than 80 % per year for five years (discount rate 13.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.6 % per year. As of Oct 21, 2026.
What discount rate (WACC) does the fair value of INVPRECQ use?
Our models discount INVESTMENT & PRECISION CASTINGS LTD. at 13.9 %: a base by market capitalisation (micro), damped by beta 0.34, 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 INVESTMENT & PRECISION CASTINGS LTD. that is more than 80 % per year a year over ten years, using the same discount rate (13.9 %) and the same formula as our fair value.
How much growth has INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ) delivered so far?
Over the past 5 years revenue at INVESTMENT & PRECISION CASTINGS LTD. grew +12.6 % a year. The price currently implies more than 80 % 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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ) growing?
The median revenue growth in the sector is +13.3 % a year. That is the yardstick for the growth priced into INVESTMENT & PRECISION CASTINGS LTD. (more than 80 % 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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
The free-cash-flow yield on the price is 0.12 %: that much free cash flow INVESTMENT & PRECISION CASTINGS LTD. produces per unit of market value. When it exceeds the discount rate of our models (13.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For INVESTMENT & PRECISION CASTINGS LTD. it is ₹188.78 per share (as of Oct 21, 2026), against a price of ₹1,440. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is INVESTMENT & PRECISION CASTINGS LTD. stock overvalued or undervalued in 2026?
As of Oct 21, 2026, INVPRECQ trades above its calculated fair value: price ₹1,440, fair value ₹188.78, a gap of about −87% (overvalued). 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 INVPRECQ?
No. The price is what the market pays today (₹1,440); the fair value is what the company's own numbers justify (₹188.78). For INVESTMENT & PRECISION CASTINGS LTD. the two are ₹1,251 per share apart. That gap is exactly why we show both numbers side by side.
How much is INVESTMENT & PRECISION CASTINGS LTD. worth?
The market values INVESTMENT & PRECISION CASTINGS LTD. at about ₹14.4B (market capitalisation, as of Oct 21, 2026). Per share that is ₹1,440; our models calculate a fair value of ₹188.78 per share.
What do the bullish and bearish scenarios say about INVPRECQ?
Our models span a range for INVESTMENT & PRECISION CASTINGS LTD.: cautious scenario ₹100.80, base ₹188.78, optimistic ₹247.24 per share (as of Oct 21, 2026, price ₹1,440). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of INVPRECQ?
INVESTMENT & PRECISION CASTINGS LTD. trades at a price-to-earnings ratio of 99.0 (as of Oct 21, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹188.78 is built from several models across several years. Other multiples: P/B 14.0, P/S 7.3, EV/EBITDA 41.5.
How solid is the balance sheet of INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
Balance-sheet figures for INVESTMENT & PRECISION CASTINGS LTD. (as of Oct 21, 2026): return on equity 12.1%, debt of 0.17 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is INVPRECQ from its 52-week high?
INVESTMENT & PRECISION CASTINGS LTD. trades at ₹1,440, about 10% below its 52-week high of ₹1,597 and 205% above the low of ₹472.49 (as of Oct 21, 2026). Distance from the high says nothing about value: that is what the fair value of ₹188.78 is for.
Which stocks are comparable to INVESTMENT & PRECISION CASTINGS 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 INVESTMENT & PRECISION CASTINGS LTD. stock attractive at the current price?
The data as of Oct 21, 2026: price ₹1,440, calculated fair value ₹188.78 (−87%), Quality Score 60/100, from 24 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 INVPRECQ calculated?
We run INVESTMENT & PRECISION CASTINGS LTD. through 24 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 ₹188.78, 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 13.6 % above its aggregate fair value. INVESTMENT & PRECISION CASTINGS LTD. itself currently trades above fair value. 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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
The closing price on Oct 21, 2026 was ₹1,440. Our model-based fair value is ₹188.78, about −87% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with INVESTMENT & PRECISION CASTINGS LTD. right now?
The price sits above even our optimistic bull case (₹247.24). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (₹100.80 to ₹247.24) leaves room in how you read the outcome.
Key figures of INVESTMENT & PRECISION CASTINGS LTD.
How large is the market capitalisation of INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
The market capitalisation of INVESTMENT & PRECISION CASTINGS LTD. is ₹14.4B (≈ $152M). 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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
The price-to-sales ratio of INVESTMENT & PRECISION CASTINGS LTD. is 7.28 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
Earnings per share at INVESTMENT & PRECISION CASTINGS LTD. are ₹14.54 (price ÷ EPS = P/E 99.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
The dividend yield of INVESTMENT & PRECISION CASTINGS LTD. is 0.1% (payout 6.9%). 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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
The net margin of INVESTMENT & PRECISION CASTINGS LTD. is 7.4% (last twelve months). 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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
The return on equity (ROE) of INVESTMENT & PRECISION CASTINGS LTD. is 12.1% (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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
On an EBIT basis the return on assets of INVESTMENT & PRECISION CASTINGS LTD. is 7.3% (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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
The operating margin of INVESTMENT & PRECISION CASTINGS LTD. is 16.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
Revenue at INVESTMENT & PRECISION CASTINGS LTD. is growing +18.9% versus a year earlier (3y avg +3.4%). 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 INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ)?
Earnings per share at INVESTMENT & PRECISION CASTINGS LTD. are growing +130% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does INVESTMENT & PRECISION CASTINGS LTD. (INVPRECQ) carry?
The net debt of INVESTMENT & PRECISION CASTINGS LTD. is ₹679M (fiscal year 2026, ≈ 38.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Oct 21, 2026