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KRBL Limited (KRBL) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹87.0B

KL KRBL Limited KRBL · NSE
Price₹395.70
Fair Value₹510.28
Upside+29.0%
Quality71/100
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Healthy Growth
Solidly profitable · 10.6% net margin
Low debt · generates free cash flow
1.19% dividend yield
Ranks above peers (11/15)
Moderate moat 51/100
Evidence: High Range ₹382.19 – ₹638.37 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 4 days ago

Share price +10.4% over the past month.

A solid business, screening 29% undervalued on our models.

What matters now

  • The rarer combination: high quality (71/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • Our model range runs from ₹382.19 (bear) to ₹638.37 (bull), base ₹510.28. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 71/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹480.79 ₹170.61 Fair Value ₹510.28 Apr 2021 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 ₹170.61 – ₹480.79 · fair‑value band ₹382.19 – ₹638.37 · the ₹395.70 price screens below the ₹510.28 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

KRBL Limited (KRBL) currently trades at ₹395.70, while our model-based Fair Value estimate is ₹510.28, implying the stock looks roughly 29.0% undervalued today. The Quality Score stands at 71/100 (solid quality), in the Consumer Defensive 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: high), always confirm before acting.

Over the trailing twelve months, KRBL Limited generated revenue of ₹61.0B at a net margin of 10.6%. Revenue grew 5.8% year over year. It earns a return on equity of 11.7%. Net debt stands at ₹476M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹382.19 (bear case) to ₹638.37 (bull case); at ₹395.70, 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 44% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -14% fair-value upside, at 29%, KRBL 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 ₹489.28 ₹817.72 ₹1,356 80
Residual Income ₹229.32 ₹265.62 ₹538.60 76
Rev-Margin DCF ₹347.67 ₹554.85 ₹813.15 74
All 26 models by family
DCF Models
FCF DCF ₹488.56 ₹834.45 ₹1,409 38
Owner Earnings ₹366.75 ₹625.46 ₹1,055 31
5Y Revenue Exit ₹347.67 ₹555.01 ₹825.48 39
5Y EBITDA Exit ₹399.24 ₹657.75 ₹970.34 41
5Y P/E Exit ₹436.83 ₹732.66 ₹1,059 38
10Y Revenue Exit ₹382.92 ₹591.87 ₹889.57 36
10Y EBITDA Exit ₹425.82 ₹665.72 ₹1,007 37
10Y P/E Exit ₹450.40 ₹719.56 ₹1,079 35
Earnings-Based
Graham-Dodd ₹192.52 ₹788.42 ₹1,074 54
Lynch FV ₹197.99 ₹282.84 ₹367.69 50
PEG = 1.0 ₹197.99 ₹282.84 ₹367.69 46
EPV ₹249.15 ₹289.78 ₹325.34 59
Dividend Discount
Gordon GGM ₹32.14 ₹66.82 ₹106.00 70
DDM Multi-Stage ₹32.14 ₹56.34 ₹70.13 61
Multiples
P/E Multiple ₹445.92 ₹594.56 ₹743.20 63
P/S Multiple ₹319.69 ₹426.26 ₹532.82 58
P/B Multiple ₹360.98 ₹481.31 ₹601.64 55
EV/EBIT ₹457.02 ₹607.58 ₹758.15 53
EV/EBITDA ₹389.61 ₹517.70 ₹645.79 54
EV/Revenue ₹285.07 ₹404.95 ₹524.84 43
Asset-Based
NCAV (Graham) ₹126.84 ₹169.97 ₹253.68 50
Growth DCF
Growth DCF ₹489.28 ₹817.72 ₹1,356 80
Rev-Margin DCF ₹347.67 ₹554.85 ₹813.15 74
Economic Profit
Residual Income ₹229.32 ₹265.62 ₹538.60 76
ROIC Compounder ₹249.15 ₹323.90 ₹428.53 72
Growth Earnings
Growth-Adj P/E ₹342.29 ₹488.99 ₹635.68 68

Widest divergence: DCF Models (₹657.75) versus Dividend Discount (₹56.34). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹61.0B
Revenue growth (YoY) +5.8%
Net margin 10.6%
Return on equity 11.7%
Free cash flow ₹9.0B FY2026
P/E ratio 14.0
More key figures
Operating margin 13.5%
EPS (TTM) ₹28.31
Dividend yield 1.2%
EPS growth (YoY) +0.7%
Net debt ₹476M FY2026

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

Quality Score breakdown

Overall quality 71/100

Of which business quality 70 · Market factors (momentum, volatility) 57

Profitability 53
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 49
Distance to the 52-week high (market factor)
Net Issuance 86
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

KRBL Limited manufactures and markets rice products in India and internationally. The company operates through Agri and Energy segments. The Agri segment offers agricultural commodities, such as rice, furfural, seed, bran, bran oil, etc. The Energy segment generates power from wind turbine, and husk based and solar power plants.

Full company description

KRBL Limited manufactures and markets rice products in India and internationally. The company operates through Agri and Energy segments. The Agri segment offers agricultural commodities, such as rice, furfural, seed, bran, bran oil, etc. The Energy segment generates power from wind turbine, and husk based and solar power plants. This segment has a total wind power project capacity of 112.25 megawatts, solar power project capacity of 17 megawatts, and biomass project capacity of 17.59 megawatts. It offers its products under the India Gate, Nur Jahan, Zabreen, Bemisal, Uplife, Aarati, Unity, Rameez, Lion, and other brands. The company was formerly known as Khushi Ram Behari Lal Limited and changed its name to KRBL Limited in February 2000. The company was founded in 1889 and is based in Noida, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

KRBL Limited reported revenue of ₹61.0B in FY2026 versus ₹42.1B in FY2022, a compound +9.7%/yr. Reported net income was ₹6.5B in FY2026, compounding +9.0%/yr from FY2022.

Growth Quality 83/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹61.0B
Latest YoY
+9.0%
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.
+4.5%
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.
+8.9%
Avg. growth/yr (26Y) 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.
+13.7%
Revenue +9.7%/yr
FY22 ₹42.1B
FY23 ₹53.4B
FY24 ₹53.6B
FY25 ₹55.9B
FY26 ₹61.0B
Net income +9.0%/yr
FY22 ₹4.6B
FY23 ₹7.0B
FY24 ₹6.0B
FY25 ₹4.8B
FY26 ₹6.5B
Character of growth · EPS growth decomposed (2015-2026) +6.3 % p.a.
Revenue per share +6.8 pp

of which total revenue +6.5 pp · buybacks/dilution +0.3 pp

EBIT margin −2.0 pp
Tax rate −0.3 pp
Residual (interest, one-offs) +1.9 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). "KRBL Limited Fair Value". https://www.fairvalue-calculator.com/stock/KRBL

Peer Group

Packaged Foods · 651 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 71 · Top 25%
Fair Value upside +29% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 8% · Top 25%
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 6% · Above median
Dividend yield (TTM) 1.2% · Bottom 25%

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 14.0× · Cheaper than median
P/B 1.50× · Pricier than median
P/S (TTM) 1.43× · Pricier than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 9.5× · Pricier than median
PEG 1.12× · 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.

VALUE 72 · sector 25
FUTURE 29 · sector 20
PAST 47 · sector 28
HEALTH 100 · sector 96
DIVIDEND 24 · 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

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

Similar stocks

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

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,507 ₹362.37 -76%
Britannia Industries Limited BRITANNIA ₹5,646 ₹1,870 -67%
Tata Consumer Products Limited TATACONSUM ₹1,062 ₹327.27 -69%
PT Indofood CBP Sukses Makmur Tbk ICBP 7,550 IDR 12,864 IDR +70%
Samyang Foods Co 003230 1,219,000 KRW 1,010,543 KRW -17%
Patanjali Foods Limited PATANJALI ₹352.60 ₹144.77 -59%
Vietnam Dairy Products Joint Stock Company VNM 61,600 VND 52,858 VND -14%
PT Mayora Indah Tbk, MYOR 1,665 IDR 2,699 IDR +62%
PT Cisarua Mountain Dairy Tbk CMRY 4,630 IDR 4,350 IDR -6%
Nongshim Co 004370 389,500 KRW 530,619 KRW +36%

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Frequently asked questions

Is KRBL Limited (KRBL) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹510.28 versus a price of ₹395.70, about +29% (undervalued).
What is the fair value of KRBL?
Our model-based fair value for KRBL Limited is ₹510.28 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹395.70.
What is the quality score of KRBL?
KRBL Limited has a Quality Score of 71/100. 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 KRBL Limited (KRBL)?
KRBL Limited reported trailing-twelve-month revenue of about ₹61.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of KRBL?
The net profit margin of KRBL Limited is about 10.6%, meaning it keeps roughly 10.6% of revenue as net income. Based on the latest reported figures.
Does KRBL Limited pay a dividend?
KRBL Limited currently shows a dividend yield of about 1.19% relative to its recent price (as of Aug 13, 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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