MADHUSUDAN INDUSTRIES LTD. (MADHUDIN) fair value: what the stock is really worth
As of Oct 5, 2026: fair value of MADHUSUDAN INDUSTRIES LTD. ₹21.56, price ₹34.94, upside -38.3%, quality 48 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range ₹13.00 – ₹94.87 · fair‑value band ₹14.23 – ₹26.95 · the ₹34.94 price screens above the ₹21.56 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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Madhusudan Industries Limited rents properties and ancillary services. The company was incorporated in 1945 and is headquartered in Ahmedabad, India.
Stock analysis
MADHUSUDAN INDUSTRIES LTD. (MADHUDIN) currently trades at ₹34.94, while our model-based Fair Value estimate is ₹21.56, 38.3% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the evidence level at low.
Scenario range: ₹14.23 (bear) to ₹26.95 (bull), the price of ₹34.94 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 48/100 (below-average quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
MADHUSUDAN INDUSTRIES LTD. reported revenue of ₹13.3M in FY2026 versus ₹10.8M in FY2022, a compound +5.4%/yr. Reported net income was −₹4.2M in FY2026.
Key figures
Market cap ₹188M (≈ $2.0M) · P/E ratio 34.6 · P/S ratio 13.1 · EPS (TTM) ₹1.01 · Net margin −31.4% · Return on equity −1.5% · Return on assets (EBIT) −1.9% · Operating margin 24.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 38% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −10% fair-value upside, at −38%, MADHUDIN screens richer than that median.
Fair Value models
Bear ₹14.23Fair Value ₹21.56Bull ₹26.95
Price ₹34.94 · Upside -38.3%
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 (₹0.5230 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.49/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+4.6%
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.
+4.8%
Revenue growth 5 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.
+7.8%
Start year 2021 (pandemic)
Revenue growth 7 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.
+2.1%
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Profit margin (trend) ⓘ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.
6.4% (2021) → −123.2% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
Compare MADHUSUDAN INDUSTRIES LTD. 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.Real Estate Services · 534 stocks
Beats the industry median on 4/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside−38.3% · Below median
Profitability
Return on assets−3.3% · Bottom 25%
Net margin (TTM)40.6% · Top 25%
Operating margin (TTM)24.3% · Above median
Growth and dividend
Revenue growth5.2% · Above median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/E (TTM)34.6× · Priciest 25%
P/B0.69× · Cheaper than median
P/S (TTM)13.95× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 40
FUTURE (revenue growth)26· sector 19
PAST (return on equity)0· sector 16
HEALTH (low debt)100· sector 83
DIVIDEND (yield)0· sector 62
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 MADHUSUDAN INDUSTRIES LTD. (MADHUDIN) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹21.56 versus a price of ₹34.94, about −38% upside (overvalued).
What is the fair value of MADHUDIN?
Our model-based fair value for MADHUSUDAN INDUSTRIES LTD. is ₹21.56 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹34.94.
What is the quality score of MADHUDIN?
MADHUSUDAN INDUSTRIES LTD. has a Quality Score of 48/100. 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 MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
Our model-based price target is the fair value of ₹21.56 (as of Oct 3, 2026) from 1 valuation models. Cautious scenario ₹14.23, optimistic scenario ₹26.95. It is a calculation from audited fundamentals, not an analyst target.
What is the MADHUSUDAN INDUSTRIES LTD. stock forecast for 2026?
Our models put fair value at ₹21.56, about −38% upside versus a price of ₹34.94 (overvalued). Cautious scenario ₹14.23, optimistic scenario ₹26.95. The calculation is refreshed regularly with new filings.
What is the revenue of MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
MADHUSUDAN INDUSTRIES LTD. reported trailing-twelve-month revenue of about ₹13.5M (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MADHUSUDAN INDUSTRIES LTD. it is ₹21.56 per share (as of Oct 3, 2026), against a price of ₹34.94. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is MADHUSUDAN INDUSTRIES LTD. stock overvalued or undervalued in 2026?
As of Oct 3, 2026, MADHUDIN trades above its calculated fair value: price ₹34.94, fair value ₹21.56, a gap of about −38% (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 MADHUDIN?
No. The price is what the market pays today (₹34.94); the fair value is what the company's own numbers justify (₹21.56). For MADHUSUDAN INDUSTRIES LTD. the two are ₹13.38 per share apart. That gap is exactly why we show both numbers side by side.
How much is MADHUSUDAN INDUSTRIES LTD. worth?
The market values MADHUSUDAN INDUSTRIES LTD. at about ₹188M (market capitalisation, as of Oct 3, 2026). Per share that is ₹34.94; our models calculate a fair value of ₹21.56 per share.
What do the bullish and bearish scenarios say about MADHUDIN?
Our models span a range for MADHUSUDAN INDUSTRIES LTD.: cautious scenario ₹14.23, base ₹21.56, optimistic ₹26.95 per share (as of Oct 3, 2026, price ₹34.94). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MADHUDIN?
MADHUSUDAN INDUSTRIES LTD. trades at a price-to-earnings ratio of 34.6 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹21.56 is built from several models across several years. Other multiples: P/B 0.7, P/S 14.0.
How solid is the balance sheet of MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
Balance-sheet figures for MADHUSUDAN INDUSTRIES LTD. (as of Oct 3, 2026): return on equity −1.5%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is MADHUDIN from its 52-week high?
MADHUSUDAN INDUSTRIES LTD. trades at ₹34.94, about 20% below its 52-week high of ₹43.50 and 38% above the low of ₹25.23 (as of Oct 5, 2026). Distance from the high says nothing about value: that is what the fair value of ₹21.56 is for.
Which stocks are comparable to MADHUSUDAN INDUSTRIES LTD.?
From the same area (Real Estate) we also value Vingroup Joint Stock Company, CBRE Group, KE Holdings, Swire Properties Limited, 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 MADHUSUDAN INDUSTRIES LTD. stock attractive at the current price?
The data as of Oct 3, 2026: price ₹34.94, calculated fair value ₹21.56 (−38%), Quality Score 48/100, from 1 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 MADHUDIN calculated?
We run MADHUSUDAN INDUSTRIES LTD. through 1 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 ₹21.56, 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 15.0 % above its aggregate fair value. MADHUSUDAN INDUSTRIES LTD. 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 MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
The closing price on Oct 5, 2026 was ₹34.94. Our model-based fair value is ₹21.56, about −38% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MADHUSUDAN INDUSTRIES LTD. right now?
The price sits above even our optimistic bull case (₹26.95). The favourable scenario is already priced in. 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 but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (₹14.23 to ₹26.95) leaves room in how you read the outcome.
Key figures of MADHUSUDAN INDUSTRIES LTD.
How large is the market capitalisation of MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
The market capitalisation of MADHUSUDAN INDUSTRIES LTD. is ₹188M (≈ $2.0M). 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 MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
The price-to-sales ratio of MADHUSUDAN INDUSTRIES LTD. is 13.1 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
Earnings per share at MADHUSUDAN INDUSTRIES LTD. are ₹1.01 (price ÷ EPS = P/E 34.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
The net margin of MADHUSUDAN INDUSTRIES LTD. is −31.4% (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 MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
The return on equity (ROE) of MADHUSUDAN INDUSTRIES LTD. is −1.5% (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 MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
On an EBIT basis the return on assets of MADHUSUDAN INDUSTRIES LTD. is −1.9% (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 MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
The operating margin of MADHUSUDAN INDUSTRIES LTD. is 24.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
Revenue at MADHUSUDAN INDUSTRIES LTD. is growing +5.2% versus a year earlier (3y avg +4.8%). 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 MADHUSUDAN INDUSTRIES LTD. (MADHUDIN)?
Earnings per share at MADHUSUDAN INDUSTRIES LTD. are growing +42.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does MADHUSUDAN INDUSTRIES LTD. (MADHUDIN) generate?
The free cash flow of MADHUSUDAN INDUSTRIES LTD. is −₹6.4M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
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