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KESORAM INDUSTRIES LTD. (KESORAMIND) Fair Value & Analysis

Basic Materials · IN · Market cap ₹3.4B

KI KESORAM INDUSTRIES LTD. KESORAMIND · BSE
Price₹11.63
Fair Value₹7.97
Upside-31.5%
Quality38/100
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Weak Growth
Low debt · negative free cash flow
Trails peers (1/9)
Narrow moat 0/100
Evidence: Low Range ₹5.95 – ₹11.89 Share as image

Fair value as of: Aug 16, 2026

From 3 valuation models · updated 2 days ago

Share price +5.5% over the past month.

Below-average quality, and screening another 31% overvalued on our models.

What matters now

  • Weak quality (38/100) 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.
  • A fairly wide model range (₹5.95 to ₹11.89) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹232.25 ₹3.09 Fair Value ₹7.97 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 16, 2026.

How to read this chart

60‑month range ₹3.09 – ₹232.25 · fair‑value band ₹5.95 – ₹11.89 · the ₹11.63 price screens above the ₹7.97 fair value. Dashed = 300-day average. As of Aug 16, 2026.

Full chart & analysis →

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Analysis

KESORAM INDUSTRIES LTD. (KESORAMIND) currently trades at ₹11.63, while our model-based Fair Value estimate is ₹7.97, implying the stock looks roughly 31.5% overvalued today. The Quality Score stands at 38/100 (below-average quality), in the Basic Materials 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: low).

Trailing-twelve-month revenue stands at ₹2.5B. Revenue declined 1.1% year over year. Net debt stands at ₹2.2B. Fundamentals as of Aug 16, 2026

Our scenario range runs from ₹5.95 (bear case) to ₹11.89 (bull case); at ₹11.63, the current price sits within 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 19% below its 52-week high and 154% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -60% fair-value upside, at -31%, KESORAMIND 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
Gordon GGM ₹0.0800 ₹0.0900 ₹0.1000 70
DDM Multi-Stage ₹0.0800 ₹0.1000 ₹0.1300 61
NCAV (Graham) ₹5.96 ₹7.98 ₹11.91 50
All 3 models by family
Dividend Discount
Gordon GGM ₹0.0800 ₹0.0900 ₹0.1000 70
DDM Multi-Stage ₹0.0800 ₹0.1000 ₹0.1300 61
Asset-Based
NCAV (Graham) ₹5.96 ₹7.98 ₹11.91 50

Widest divergence: Asset-Based (₹7.98) versus Dividend Discount (₹0.0900). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) ₹2.5B
Revenue growth (YoY) -1.1%
Net margin 2,274%
Return on equity -106%
Free cash flow −₹1.1B FY2026
Operating margin -32.6%
More key figures
EPS (TTM) ₹-4.56
Net debt ₹2.2B FY2026

Figures from reported company fundamentals · as of Aug 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 38 · Market factors (momentum, volatility) 67

Profitability 10
Margins and returns on capital today
Quality Growth 16
Are margins and returns improving?
Cashflow 16
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 75
Price trend over the last 3–12 months (market factor)
52W Momentum 86
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

Kesoram Industries Limited manufactures and markets cement products under the Birla Shakti brand in India. The company operates through Cement; and Rayon, Transparent Paper, and Chemicals segments. It also offers viscose rayon, transparent paper, and filament yarn under the Kesoram Rayon brand.

Full company description

Kesoram Industries Limited manufactures and markets cement products under the Birla Shakti brand in India. The company operates through Cement; and Rayon, Transparent Paper, and Chemicals segments. It also offers viscose rayon, transparent paper, and filament yarn under the Kesoram Rayon brand. The company was formerly known as Kesoram Industries & Cotton Mills Ltd. and changed its name to Kesoram Industries Limited in 1986. Kesoram Industries Limited was incorporated in 1919 and is based in Kolkata, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

KESORAM INDUSTRIES LTD. reported revenue of ₹2.5B in FY2026 versus ₹36.0B in FY2022, a compound −48.8%/yr. Reported net income was −₹881M in FY2026.

Growth Quality 19/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹2.5B
Latest YoY
−4.3%
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.
−59.7%
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.
−37.7%
Avg. growth/yr (12Y) 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.
−22.4%
Revenue −48.8%/yr
FY22 ₹36.0B
FY23 ₹37.8B
FY24 ₹2.5B
FY25 ₹2.6B
FY26 ₹2.5B
Net income
FY22 −₹773M
FY23 −₹1.9B
FY24 −₹3.8B
FY25 ₹55.7B
FY26 −₹881M

KESORAMIND screens 31% overvalued. Compare with UltraTech Cement Limited →

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Cite: Fair Value Calculator (2026). "KESORAM INDUSTRIES LTD. Fair Value". https://www.fairvalue-calculator.com/stock/KESORAMIND

Peer Group

Building Materials · 259 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 38 · Bottom 25%
Fair Value upside −32% · Below median
Return on assets -3% · Bottom 25%
Operating margin (TTM) -33% · Bottom 25%
Revenue growth -1% · Below median
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.35× · Higher than 75% of peers

Valuation Multiples vs Building Materials median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers

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.

VALUE 0 · sector 23
FUTURE 0 · sector 2
PAST 0 · sector 15
HEALTH 83 · sector 92
DIVIDEND 2 · sector 52

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 Building Materials stocks, each showing price versus our Fair Value estimate (as of Aug 16, 2026).

Stock Price Fair Value vs Fair Value
UltraTech Cement Limited ULTRACEMCO ₹11,891 ₹4,718 -60%
China Jushi Co 600176 ¥43.31 ¥13.22 -69%
Grasim Industries Limited GRASIM ₹3,308 ₹1,245 -62%
CEMEX, S.A. CEMEXCPO 21.71 MXN 12.27 MXN -43%
Anhui Conch Cement Company 600585 ¥17.49 ¥26.14 +49%
Ambuja Cements Limited AMBUJACEM ₹421.00 ₹216.73 -49%
Shree Cement Limited SHREECEM ₹25,570 ₹8,215 -68%
TCC Group 1101B 43.15 TWD 9.76 TWD -77%
Taiwan Glass Ind. Corp 1802 57.60 TWD 13.98 TWD -76%
J.K. Cement Limited JKCEMENT ₹5,349 ₹2,184 -59%

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Frequently asked questions

Is KESORAM INDUSTRIES LTD. (KESORAMIND) overvalued or undervalued?
As of Aug 16, 2026, our model estimates a fair value of ₹7.97 versus a price of ₹11.63, about −31% (overvalued).
What is the fair value of KESORAMIND?
Our model-based fair value for KESORAM INDUSTRIES LTD. is ₹7.97 (as of Aug 16, 2026), built from audited fundamentals. The current price is ₹11.63.
What is the quality score of KESORAMIND?
KESORAM INDUSTRIES LTD. has a Quality Score of 38/100. 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 KESORAM INDUSTRIES LTD. (KESORAMIND)?
KESORAM INDUSTRIES LTD. reported trailing-twelve-month revenue of about ₹2.5B (latest available figure, as of Aug 16, 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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