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Jagran Prakashan Limited (JAGRAN) Fair Value & Analysis

Communication Services · IN · Market cap ₹14.1B

JP Jagran Prakashan Limited JAGRAN · NSE
Price₹61.79
Fair Value₹163.92
Upside+165.3%
Quality68/100
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Strengths

Trades 165% below our fair value of ₹163.92
Solidly profitable · 10.5% net margin
Low debt · generates free cash flow
Ranks above peers (12/14)

Risks

!Mixed Growth
!Narrow moat 37/100
!Evidence only low, so the estimate is less certain
Mixed Growth
Solidly profitable · 10.5% net margin
Low debt · generates free cash flow
10.88% dividend yield
Ranks above peers (12/14)
Narrow moat 37/100
Evidence: Low Range ₹118.48 – ₹212.55 Share as image

Fair value as of: Aug 21, 2026

From 25 valuation models · updated today

Share price −1.9% over the past month.

A solid business, screening 165% undervalued on our models.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The price is below even our cautious bear case (₹118.48). The market is more pessimistic than our downside scenario.
  • 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 quality (68/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

₹98.37 ₹34.70 Fair Value ₹163.92 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range ₹34.70 – ₹98.37 · fair‑value band ₹118.48 – ₹212.55 · the ₹61.79 price screens below the ₹163.92 fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

Jagran Prakashan Limited (JAGRAN) currently trades at ₹61.79, while our model-based Fair Value estimate is ₹163.92, implying the stock looks roughly 165.3% undervalued today. The Quality Score stands at 68/100 (solid quality), in the Communication Services 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: low), always confirm before acting.

Over the trailing twelve months, Jagran Prakashan Limited generated revenue of ₹18.8B at a net margin of 10.5%. Revenue declined 1.9% year over year. It earns a return on equity of 8.8%. Net debt stands at ₹59.5M. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹118.48 (bear case) to ₹212.55 (bull case); at ₹61.79, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 4% fair-value upside, at 165%, JAGRAN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF ₹138.12 ₹192.06 ₹265.84 80
Residual Income ₹81.42 ₹89.93 ₹125.19 76
Rev-Margin DCF ₹109.69 ₹160.77 ₹216.04 74
All 25 models by family
DCF Models
FCF DCF ₹134.39 ₹192.53 ₹275.69 38
Owner Earnings ₹121.81 ₹174.30 ₹249.38 31
5Y Revenue Exit ₹109.69 ₹159.14 ₹219.56 39
5Y EBITDA Exit ₹125.01 ₹186.45 ₹254.75 41
5Y P/E Exit ₹135.14 ₹204.51 ₹273.56 38
10Y Revenue Exit ₹114.96 ₹160.92 ₹217.08 36
10Y EBITDA Exit ₹127.33 ₹179.39 ₹242.77 37
10Y P/E Exit ₹133.67 ₹191.62 ₹256.51 35
Earnings-Based
Graham-Dodd ₹61.54 ₹146.36 ₹188.66 54
PEG = 1.0 ₹25.47 ₹36.38 ₹47.29 46
EPV ₹70.16 ₹81.06 ₹90.60 59
Dividend Discount
Gordon GGM ₹55.09 ₹96.32 ₹147.73 70
DDM Multi-Stage ₹55.09 ₹81.95 ₹111.49 61
Multiples
P/E Multiple ₹149.32 ₹199.09 ₹248.87 63
P/S Multiple ₹115.38 ₹153.84 ₹192.31 58
P/B Multiple ₹115.38 ₹153.84 ₹192.31 55
EV/EBIT ₹132.47 ₹175.04 ₹217.60 53
EV/EBITDA ₹135.95 ₹179.68 ₹223.41 54
EV/Revenue ₹101.61 ₹143.11 ₹184.61 43
Asset-Based
NCAV (Graham) ₹46.30 ₹62.04 ₹92.60 50
Growth DCF
Growth DCF ₹138.12 ₹192.06 ₹265.84 80
Rev-Margin DCF ₹109.69 ₹160.77 ₹216.04 74
Economic Profit
Residual Income ₹81.42 ₹89.93 ₹125.19 76
ROIC Compounder ₹70.16 ₹81.06 ₹90.60 72
Growth Earnings
Growth-Adj P/E ₹113.04 ₹161.48 ₹209.93 68

Widest divergence: DCF Models (₹179.39) versus Asset-Based (₹62.04). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹18.8B
Revenue growth (YoY) -1.9%
Net margin 10.5%
Return on equity 8.8%
Free cash flow ₹2.6B FY2026
P/E ratio 6.8
More key figures
Operating margin 4.9%
EPS (TTM) ₹9.05
Dividend yield 10.9%
EPS growth (YoY) -13.5%
Net debt ₹59.5M FY2026

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 68 · Market factors (momentum, volatility) 60

Profitability 46
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 97
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 44
Distance to the 52-week high (market factor)
Net Issuance 90
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Jagran Prakashan Limited prints and publishes newspapers and magazines in India. It operates through Printing, Publishing and Digital; FM Radio Business; and Others segments.

Full company description

Jagran Prakashan Limited prints and publishes newspapers and magazines in India. It operates through Printing, Publishing and Digital; FM Radio Business; and Others segments. The company offers Dainik Jagran, a daily newspaper; Inext; Nai Dunia & Nav Dunia Rank Hindi newspapers; Mid-day, a compact newspaper; Inquilab; Mid-day Gujarati, a Gujarati newspaper; Punjabi Jagran; Sakhi editorial panel; and Khet Khalihaan, an agricultural magazine. It also operates Jagran.com, an online news and information portal; Naidunia.com, a Hindi news portal; Jagran hitech, offers content on technology, automobiles, and innovation; Punjabijagran.com, a Punjabi news portal; Gujaratijagran.com, a platform for news and content in Gujarati; Onlymyhealth.com, a health and wellness portal; Inquilab.com, an Urdu news portal for social reforms, education, and employment; Vishvas.News, a multilanguage fact-checking platform; Jagran Podcast, a digital streaming platform for podcast; Herzindagi.com, a woman-centric lifestyle and entertainment platform; Inextlive.com, a youth-centric portal; Jagran TV, an OTT platform offering video content; Thedailyjagran.com and mid.day, an English news portal; Jagran Local App; Jagran Fatafat, for sports, entertainment, buzz, and tech content; Jagranjosh.com, an educational and career platform; and Marathijagran.com, a news and content platform. In addition, the company offers media mobile applications; out-of-home (OOH) advertising solutions, which includes hoardings, billboards, transit media, digital OOH, retail signages, in-shop, and out-shop branding; and brand activations, event management, creative services, shoppers and retail marketing, integrated media campaigns, public health programs, and rural marketing conferences and exhibitions. Further, it operates radio stations under the Radio City brand name. The company was founded in 1942 and is based in Kanpur, India. The company is a subsidiary of Jagran Media Network Investment Private Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Jagran Prakashan Limited reported revenue of ₹18.8B in FY2026 versus ₹16.2B in FY2022, a compound +3.8%/yr. Reported net income was ₹2.0B in FY2026, compounding −3.0%/yr from FY2022.

Growth Quality 75/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹18.8B
Latest YoY
−0.6%
Avg. growth/yr (3Y) 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.
+0.4%
Avg. growth/yr (5Y) 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.
+7.8%
Avg. growth/yr (21Y) 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.
+7.9%
Revenue +3.8%/yr
FY22 ₹16.2B
FY23 ₹18.6B
FY24 ₹19.3B
FY25 ₹18.9B
FY26 ₹18.8B
Net income −3.0%/yr
FY22 ₹2.2B
FY23 ₹2.0B
FY24 ₹1.8B
FY25 ₹1.3B
FY26 ₹2.0B
Character of growth · EPS growth decomposed (2015-2026) −3.1 % p.a.
Revenue per share +3.7 pp

of which total revenue −0.7 pp · buybacks/dilution +4.4 pp

EBIT margin −6.1 pp
Tax rate +0.3 pp
Residual (interest, one-offs) −0.9 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Jagran Prakashan Limited Fair Value". https://www.fairvalue-calculator.com/stock/JAGRAN

Peer Group

Publishing · 112 stocks

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.

Quality Score 68 · Top 25%
Fair Value upside +165% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 4% · Above median
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 5% · Above median
Revenue growth -2% · Below median
Dividend yield (TTM) 11.3% · Top 25%

Valuation Multiples vs Publishing median · lower = cheaper

P/E (TTM) 6.8× · Cheaper than 75% of peers
P/B 0.70× · Cheaper than median
P/S (TTM) 0.75× · Pricier than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 5.2× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 34
FUTURE0 · sector 0
PAST35 · sector 20
HEALTH100 · sector 99
DIVIDEND100 · sector 55

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Frequently asked questions

Is Jagran Prakashan Limited (JAGRAN) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹163.92 versus a price of ₹61.79, about +165% (undervalued).
What is the fair value of JAGRAN?
Our model-based fair value for Jagran Prakashan Limited is ₹163.92 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹61.79.
What is the quality score of JAGRAN?
Jagran Prakashan Limited has a Quality Score of 68/100. 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 revenue of Jagran Prakashan Limited (JAGRAN)?
Jagran Prakashan Limited reported trailing-twelve-month revenue of about ₹18.8B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of JAGRAN?
The net profit margin of Jagran Prakashan Limited is about 10.5%, meaning it keeps roughly 10.5% of revenue as net income. Based on the latest reported figures.
Does Jagran Prakashan Limited pay a dividend?
Jagran Prakashan Limited currently shows a dividend yield of about 10.88% relative to its recent price (as of Aug 21, 2026).

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.

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