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KAVVERI TELECOM PRODUCTS LTD.-$ (KAVVERITEL) Fair Value & Analysis

Technology · IN · Market cap ₹1.6B

KT KAVVERI TELECOM PRODUCTS LTD.-$ KAVVERITEL · BSE
Price₹56.85
Fair Value₹31.59
Upside-44.4%
Quality64/100
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Expensive Growth
Highly profitable · 37.4% net margin
Low debt · generates free cash flow
Ranks above peers (9/13)
Wide moat 72/100
Evidence: High Range ₹13.97 – ₹39.48 Share as image

Fair value as of: Aug 13, 2026

From 23 valuation models · updated 6 days ago

Fair value updated Aug 13, 2026, revised from ₹26.38 to ₹31.59 (+19.7%) since Aug 12, 2026.

A solid business, but screening 44% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹39.48). The favourable scenario is already priced in.
  • The model range is unusually wide (₹13.97 to ₹39.48). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹153.39 ₹1.81 Fair Value ₹31.59 Jan 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹1.81 – ₹153.39 · fair‑value band ₹13.97 – ₹39.48 · the ₹56.85 price screens above the ₹31.59 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

KAVVERI TELECOM PRODUCTS LTD.-$ (KAVVERITEL) currently trades at ₹56.85, while our model-based Fair Value estimate is ₹31.59, implying the stock looks roughly 44.4% overvalued today. The Quality Score stands at 64/100 (solid quality), in the Technology 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: high).

Over the trailing twelve months, KAVVERI TELECOM PRODUCTS LTD.-$ generated revenue of ₹171M at a net margin of 37.4%. It earns a return on equity of 9.6%. Net debt stands at ₹45.7M. The stock trades on a trailing P/E of 28.2 (as of Jul 5, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹13.97 (bear case) to ₹39.48 (bull case); at ₹56.85, the current price sits above 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 65% below its 52-week high and 11% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -44%, KAVVERITEL 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 ₹4.29 ₹4.37 ₹4.50 80
ROIC Compounder ₹10.39 ₹11.23 ₹11.94 72
Growth-Adj P/E ₹65.94 ₹94.20 ₹122.46 68
All 23 models by family
DCF Models
FCF DCF ₹4.30 ₹4.35 ₹4.52 38
Owner Earnings ₹26.82 ₹51.12 ₹96.19 31
5Y Revenue Exit ₹14.58 ₹25.15 ₹47.52 39
5Y EBITDA Exit ₹19.42 ₹34.94 ₹65.49 41
5Y P/E Exit ₹31.24 ₹73.59 ₹132.80 38
10Y Revenue Exit ₹10.62 ₹24.62 ₹35.46 36
10Y EBITDA Exit ₹14.39 ₹34.14 ₹70.84 37
10Y P/E Exit ₹22.27 ₹57.35 ₹118.16 35
Earnings-Based
Graham-Dodd ₹12.67 ₹88.39 ₹124.04 54
Lynch FV ₹45.66 ₹65.24 ₹84.81 50
PEG = 1.0 ₹45.66 ₹65.24 ₹84.81 46
EPV ₹10.39 ₹11.23 ₹11.94 59
Multiples
P/E Multiple ₹39.14 ₹52.19 ₹65.24 63
P/S Multiple ₹20.54 ₹27.39 ₹34.24 58
P/B Multiple ₹23.76 ₹31.69 ₹39.61 55
EV/EBIT ₹31.88 ₹41.12 ₹50.35 53
EV/EBITDA ₹26.20 ₹33.54 ₹40.89 54
EV/Revenue ₹18.18 ₹24.18 ₹30.19 43
Asset-Based
NCAV (Graham) ₹12.63 ₹16.93 ₹25.26 50
Growth DCF
Growth DCF ₹4.29 ₹4.37 ₹4.50 80
Economic Profit
Residual Income ₹19.44 ₹20.10 ₹20.40 61
ROIC Compounder ₹10.39 ₹11.23 ₹11.94 72
Growth Earnings
Growth-Adj P/E ₹65.94 ₹94.20 ₹122.46 68

Widest divergence: Growth Earnings (₹94.20) versus Growth DCF (₹4.37). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹171M
Revenue growth (YoY) +11,738%
Net margin 37.4%
Return on equity 9.6%
Free cash flow ₹304K FY2025
P/E ratio 28.2 as of Jul 5, 2026
More key figures
Operating margin 33.2%
EPS (TTM) ₹1.56
Net debt ₹45.7M FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 57 · Market factors (momentum, volatility) 33

Profitability 39
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 11
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 64
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 82
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

Kavveri Defence & Wireless Technologies Limited designs, develops, manufactures, and sells radio frequency (RF) products and antennas for telecom, defense, and space applications in India and internationally.

Full company description

Kavveri Defence & Wireless Technologies Limited designs, develops, manufactures, and sells radio frequency (RF) products and antennas for telecom, defense, and space applications in India and internationally. The company provides base station, microwave, broadband in-building, and other customized design antennas; RF components, including co-location interference filters, duplexers, combiners, diplexers, and triplexers; and capacity enhancers consisting of tower mount amplifiers and boosters, and multi-carrier power amplifiers. It also offers coverage products, such as multi-band antennas, power splitters, couplers, and repeaters; coverage solutions, including neutral host BOL and repeater-based solutions for home, office, hospital buildings, and shopping malls; and RF line products comprising feeder cables, connectors, jumper cables, lightning arrestors, feeder clamps, grounding kits, etc. In addition, the company provides defense and space products, such as MIL grade channelizers; coax and WG components; broadband transceivers, LNBs, and PAs; standard and wideband antennas; filters, duplexers, and diplexers; passive components; and NATO band high gain military antennas. Further, it offers contract manufacturing services. It serves telecom manufacturers, service providers, and users. 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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KAVVERI TELECOM PRODUCTS LTD.-$ reported revenue of ₹171M in FY2025 versus ₹41.4M in FY2021, a compound +42.6%/yr. Reported net income was ₹64.1M in FY2025.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
₹171M
Latest YoY
+979.6%
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.
+45.1%
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.
+30.3%
Revenue +42.6%/yr
FY21 ₹41.4M
FY22 ₹56.1M
FY23 ₹28.2M
FY24 ₹15.9M
FY25 ₹171M
Net income
FY21 −₹164M
FY22 −₹181M
FY23 ₹315M
FY24 −₹13.4M
FY25 ₹64.1M

KAVVERITEL screens 44% overvalued. Compare with Cisco Systems, Inc →

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Peer Group

Communication Equipment · 302 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 64 · Top 25%
Fair Value upside −44% · Below median
Return on equity (TTM) 10% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 37% · Top 25%
Operating margin (TTM) 33% · Top 25%
Revenue growth 11738% · Top 25%

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/E (TTM) 28.2× · Cheaper than median
P/B 1.87× · Cheaper than median
P/S (TTM) 9.49× · Pricier than 75% of peers
P/FCF 55.6× · Pricier than 75% of peers
EV/EBITDA 18.2× · Pricier 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
VALUE0 · sector 0
FUTURE100 · sector 34
PAST38 · sector 15
HEALTH100 · sector 98
DIVIDEND0 · sector 24

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $111.61 $61.53 -45%
Zhongji Innolight Co 300308 ¥921.00 ¥171.09 -81%
Foxconn Industrial Internet Co 601138 ¥61.83 ¥28.65 -54%
Eoptolink Technology Inc 300502 ¥429.90 ¥176.99 -59%
Nokia Oyj NOK $10.32 $3.77 -63%
Motorola Solutions, Inc MSI $469.74 $236.33 -50%
Suzhou TFC Optical Communication Co 300394 ¥240.05 ¥43.67 -82%
Accton Technology Corporation 2345 2,270 TWD 1,135 TWD -50%
Telefonaktiebolaget LM Ericsson (publ), ERICB kr 96.52 kr 157.82 +64%
ZTE Corporation 000063 ¥33.67 ¥19.72 -41%

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Frequently asked questions

Is KAVVERI TELECOM PRODUCTS LTD.-$ (KAVVERITEL) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹31.59 versus a price of ₹56.85, about −44% (overvalued).
What is the fair value of KAVVERITEL?
Our model-based fair value for KAVVERI TELECOM PRODUCTS LTD.-$ is ₹31.59 (as of Aug 13, 2026), built from audited fundamentals. The current price: ₹56.85.
What is the quality score of KAVVERITEL?
KAVVERI TELECOM PRODUCTS LTD.-$ has a Quality Score of 64/100. 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 KAVVERI TELECOM PRODUCTS LTD.-$ (KAVVERITEL)?
KAVVERI TELECOM PRODUCTS LTD.-$ reported trailing-twelve-month revenue of about ₹171M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of KAVVERITEL?
The net profit margin of KAVVERI TELECOM PRODUCTS LTD.-$ is about 37.4%, meaning it keeps roughly 37.4% of revenue as net income. 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.

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