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Marshall Machines Limited (MARSHALL) Fair Value & Analysis

Industrials · IN · Market cap ₹87.0M

MM Marshall Machines Limited MARSHALL · NSE
Price₹3.64
Fair Value₹5.81
Upside+59.6%
Quality29/100
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Evidence: Low Range ₹3.84 – ₹7.27

Fair value as of: Jul 3, 2026

From 2 valuation models · updated today

Price vs Fair Value (12 months)

₹10.36 ₹3.64 Fair Value ₹5.81 Jul 2025 Jul 2026

12‑month range ₹3.64 – ₹10.36 · fair‑value band ₹3.84 – ₹7.27 · the ₹3.64 price screens below the ₹5.81 fair value. As of Jul 3, 2026.

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Analysis

Marshall Machines Limited (MARSHALL) currently trades at ₹3.64, while our model-based Fair Value estimate is ₹5.81 — implying the stock looks roughly 59.6% undervalued today. We read business quality at 29/100 (below-average quality), in the Industrials 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: low) — always confirm before acting.

Over the trailing twelve months, Marshall Machines Limited generated revenue of ₹264M at a net margin of -22.1%. Revenue declined 14.3% year over year. It earns a return on equity of -9.3%. Net debt stands at ₹380M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹264M
Revenue growth (YoY) -14.3%
Net margin -22.1%
Return on equity -9.3%
Free cash flow −₹313M FY2024
Operating margin -17.0%
More key figures
EPS (TTM) ₹-2.26
EPS growth (YoY) +82.1%
Net debt ₹380M FY2024

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Marshall Machines Limited designs, develops, manufactures, and markets machine tool equipment in India. It offers single spindle CNC machines, two spindle and four spindle CNC machines, automated robotic CNC machines, and SmartCorrect gauging stations, as well as patent pending IOTQ suit of intelligent equipment. The company also provides linear tooling machines, smartload solutions, and turret type machines; solutions for hard turning; and intelligent solutions with clap and clamp. It also exports its products. The company was founded in 1961 and is headquartered in Ludhiana, India.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Marshall Machines Limited reported revenue of ₹280M in FY2024 versus ₹590M in FY2020, a compound −17.0%/yr. Reported net income was −₹54.0M in FY2024.

Revenue −17.0%/yr
FY20 ₹590M
FY21 ₹671M
FY22 ₹603M
FY23 ₹345M
FY24 ₹280M
Net income
FY20 ₹29.7M
FY21 ₹3.6M
FY22 −₹31.4M
FY23 −₹69.0M
FY24 −₹54.0M

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Similar stocks

6 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €967.60 €212.97 -78%
1SIE 1SIE €284.30 €122.46 -57%
SIEGY SIEGY $155.10 $88.93 -43%
SMAWF SMAWF $307.12 $176.28 -43%
SMNS SMNS C$31.76 C$22.85 -28%
SIE SIE €258.40 €144.67 -44%

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Frequently asked questions

Is Marshall Machines Limited (MARSHALL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹5.81 versus a price of ₹3.64 — about +60% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MARSHALL?
Our model-based fair value for Marshall Machines Limited is ₹5.81 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹3.64.
What is the quality score of MARSHALL?
Marshall Machines Limited has a Quality Score of 29/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Marshall Machines Limited (MARSHALL)?
Marshall Machines Limited reported trailing-twelve-month revenue of about ₹264M (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MARSHALL?
The net profit margin of Marshall Machines Limited is about -22.1%, meaning it is currently running at a net loss. 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.