Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Kavveri Defence & Wireless Technologies Limited ₹9.45, price ₹77.60, upside -87.8%, quality 27 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
16‑month range ₹43.81 – ₹155.12 · fair‑value band ₹6.62 – ₹9.65 · the ₹77.60 price screens above the ₹9.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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Kavveri Defence & Wireless Technologies Limited engages in the design, development, and manufacture of radio frequency (RF) products and antennas for telecom, defense, and space applications in India and internationally.
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Kavveri Defence & Wireless Technologies Limited engages in the design, development, and manufacture of radio frequency (RF) products and antennas for telecom, defense, and space applications in India and internationally. The company offers omnidirectional antenna, directional panel antennas, sectoral antennas, patented field-adjustable sectoral designs, Yagi and dipole antennas, flat-omni antennas, and custom multiband and high-gain solutions; filters, including bandpass, high-pass, low-pass, multiple window filters, broadband duplexers, combiners, and tunable dual-cavity filters; and passive RF components, such as isolators, circulators, power dividers, RF switches, couplers, and splitters. It serves the defense, aerospace, counter-drone, satcom, public safety, industrial, and transport sectors. The company was formerly known as Kavveri Telecom Products Limited and changed its name to Kavveri Defence & Wireless Technologies Limited in October 2024. Kavveri Defence & Wireless Technologies Limited was founded in 1991 and is based in Bengaluru, India.
Stock analysis
Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE) currently trades at ₹77.60, while our model-based Fair Value estimate is ₹9.45, 87.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ₹12.45 per share, and 0 of the 10 models we run sit above the ₹77.60 price.
Bear case: the Multiples group reads lowest at ₹3.51, and 10 of the 10 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹6.62 (bear) to ₹9.65 (bull), the price of ₹77.60 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 27/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Kavveri Defence & Wireless Technologies Limited reported revenue of ₹84.2M in FY2026 versus ₹56.1M in FY2022, a compound +10.7%/yr. Reported net income was ₹12.4M in FY2026.
Key figures
Market cap ₹3.9B (≈ $40.1M) · P/E ratio 388.0 · P/S ratio 57.2 · EPS (TTM) ₹0.2000 · Net margin 14.7% · Return on equity 1.3% · Return on assets (EBIT) 5.2% · Operating margin −196%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 47% below its 52-week high and 50% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −62% fair-value upside, at −88%, KAVDEFENCE screens richer than that median.
Fair Value models
Bear ₹6.62Fair Value ₹9.45Bull ₹9.65
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 (₹0.1014 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.57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−50.8%
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.
+43.9%
’22
’23
’24
’25
’26
What shareholders gained per year (last 3 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 3 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.
−71.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−71.8%
Dividend (yield on the price)0.0%
Profit margin 2022 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.−56% → −19%
Compare Kavveri Defence & Wireless Technologies Limited 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.Communication Equipment · 295 stocks
Beats the industry median on 1/10 measures
Overall it trails its industry peers.
Valuation
Quality Score27 · Bottom 25%
Fair Value upside−87.8% · Bottom 25%
Profitability
Return on equity (TTM)1.3% · Below median
Return on assets−0.8% · Below median
Net margin (TTM)14.8% · Top 25%
Operating margin (TTM)−196.2% · Bottom 25%
Growth and dividend
Revenue growth−88.8% · Bottom 25%
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/E (TTM)388.0× · Priciest 25%
P/B3.45× · Pricier than median
P/S (TTM)45.84× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 38
PAST (return on equity)5· sector 17
HEALTH (low debt)100· sector 98
DIVIDEND (yield)0· sector 23
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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹9.45 versus a price of ₹77.60, about −88% upside (overvalued).
What is the fair value of KAVDEFENCE?
Our model-based fair value for Kavveri Defence & Wireless Technologies Limited is ₹9.45 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹77.60.
What is the quality score of KAVDEFENCE?
Kavveri Defence & Wireless Technologies Limited has a Quality Score of 27/100. 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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
Our model-based price target is the fair value of ₹9.45 (as of Sep 27, 2026) from 10 valuation models. Cautious scenario ₹6.62, optimistic scenario ₹9.65. It is a calculation from audited fundamentals, not an analyst target.
What is the Kavveri Defence & Wireless Technologies Limited stock forecast for 2026?
Our models put fair value at ₹9.45, about −88% upside versus a price of ₹77.60 (overvalued). Cautious scenario ₹6.62, optimistic scenario ₹9.65. The calculation is refreshed regularly with new filings.
What is the revenue of Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
Kavveri Defence & Wireless Technologies Limited reported trailing-twelve-month revenue of about ₹84.2M (latest available figure, as of Sep 27, 2026).
What is the intrinsic value of Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Kavveri Defence & Wireless Technologies Limited it is ₹9.45 per share (as of Sep 27, 2026), against a price of ₹77.60. It is the blended result of 10 valuation models (cash flow, earnings, asset, dividend).
Is Kavveri Defence & Wireless Technologies Limited stock overvalued or undervalued in 2026?
As of Sep 27, 2026, KAVDEFENCE trades above its calculated fair value: price ₹77.60, fair value ₹9.45, a gap of about −88% (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 KAVDEFENCE?
No. The price is what the market pays today (₹77.60); the fair value is what the company's own numbers justify (₹9.45). For Kavveri Defence & Wireless Technologies Limited the two are ₹68.15 per share apart. That gap is exactly why we show both numbers side by side.
How much is Kavveri Defence & Wireless Technologies Limited worth?
The market values Kavveri Defence & Wireless Technologies Limited at about ₹3.9B (market capitalisation, as of Sep 27, 2026). Per share that is ₹77.60; our models calculate a fair value of ₹9.45 per share.
What do the bullish and bearish scenarios say about KAVDEFENCE?
Our models span a range for Kavveri Defence & Wireless Technologies Limited: cautious scenario ₹6.62, base ₹9.45, optimistic ₹9.65 per share (as of Sep 27, 2026, price ₹77.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of KAVDEFENCE?
Kavveri Defence & Wireless Technologies Limited trades at a price-to-earnings ratio of 388.0 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹9.45 is built from several models across several years. Other multiples: P/B 3.5, P/S 45.8.
How solid is the balance sheet of Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
Balance-sheet figures for Kavveri Defence & Wireless Technologies Limited (as of Sep 27, 2026): return on equity 1.3%. They feed the Quality Score of 27/100, which measures business quality independently of the share price.
How far is KAVDEFENCE from its 52-week high?
Kavveri Defence & Wireless Technologies Limited trades at ₹77.60, about 47% below its 52-week high of ₹147.36 and 50% above the low of ₹51.79 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹9.45 is for.
Which stocks are comparable to Kavveri Defence & Wireless Technologies Limited?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Eoptolink Technology Inc, 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 Kavveri Defence & Wireless Technologies Limited stock attractive at the current price?
The data as of Sep 27, 2026: price ₹77.60, calculated fair value ₹9.45 (−88%), Quality Score 27/100, from 10 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 KAVDEFENCE calculated?
We run Kavveri Defence & Wireless Technologies Limited through 10 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 ₹9.45, 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 14.5 % above its aggregate fair value. Kavveri Defence & Wireless Technologies Limited 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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
The closing price on Oct 1, 2026 was ₹77.60. Our model-based fair value is ₹9.45, about −88% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Kavveri Defence & Wireless Technologies Limited right now?
The price sits above even our optimistic bull case (₹9.65). The favourable scenario is already priced in. Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Kavveri Defence & Wireless Technologies Limited
How large is the market capitalisation of Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
The market capitalisation of Kavveri Defence & Wireless Technologies Limited is ₹3.9B (≈ $40.1M). 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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
The price-to-sales ratio of Kavveri Defence & Wireless Technologies Limited is 57.2 (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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
Earnings per share at Kavveri Defence & Wireless Technologies Limited are ₹0.2000 (price ÷ EPS = P/E 388.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
The net margin of Kavveri Defence & Wireless Technologies Limited is 14.7% (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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
The return on equity (ROE) of Kavveri Defence & Wireless Technologies Limited is 1.3% (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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
On an EBIT basis the return on assets of Kavveri Defence & Wireless Technologies Limited is 5.2% (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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
The operating margin of Kavveri Defence & Wireless Technologies Limited is −196% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
Revenue at Kavveri Defence & Wireless Technologies Limited is growing −88.8% versus a year earlier (3y avg +43.9%). 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 Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE)?
Earnings per share at Kavveri Defence & Wireless Technologies Limited are growing −91.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE) generate?
The free cash flow of Kavveri Defence & Wireless Technologies Limited is −₹95.1M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Kavveri Defence & Wireless Technologies Limited (KAVDEFENCE) hold?
Kavveri Defence & Wireless Technologies Limited holds more cash than debt, ₹133M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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