NACL Industries Limited (NACLIND) fair value: what the stock is really worth
As of Oct 26, 2026: fair value (intrinsic value) of NACL Industries Limited stock ₹22.94, price ₹113, upside -79.7%, quality 48 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?No
Good quality?No
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 26, 2026.
How to read this chart
60‑month range ₹49.85 – ₹323.30 · fair‑value band ₹22.92 – ₹22.94 · the ₹113.09 price screens above the ₹22.94 fair value. Dashed = 300-day average. As of Oct 26, 2026.
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NACL Industries Limited manufactures and sells agrochemicals in India.
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The company offers a range of technical products, including myclobutanil, propiconazole, profenofos, tricyclazole, pretilachlors, thiamethoxam, lambda cyhalothrin, bifenthrin, azoxystrobin, tebuconazole, difenoconazole, thifluzamide, bispyribac sodium, clodinafop propargyl, metribuzin, quizalofop ethyl, haloxyfop r methyl, and glufosinate ammonium; and formulations, such as insecticides, fungicides, herbicides, and plant growth regulators and nematicides, as well as pesticides and acaricides.
It also provides toll manufacturing services for various multinational companies. The company also exports its products. It markets and sells its products through a network of retail dealers.
The company was formerly known as Nagarjuna Agrichem Limited and changed its name to NACL Industries Limited in September 2017. The company was incorporated in 1986 and is based in Hyderabad, India. NACL Industries Limited is a subsidiary of Coromandel International Limited.
Stock analysis
NACL Industries Limited (NACLIND) currently trades at ₹113.09, while our model-based Fair Value estimate is ₹22.94, 79.7% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ₹27.49 per share, and 0 of the 14 models we run sit above the ₹113.09 price.
Bear case: the Growth Earnings group reads lowest at ₹3.02, and 14 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹22.92 (bear) to ₹22.94 (bull), the price of ₹113.09 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 Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
NACL Industries Limited reported revenue of ₹15.8B in FY2026 versus ₹16.4B in FY2022, a compound −0.9%/yr. Reported net income was ₹45.7M in FY2026, compounding −50.1%/yr from FY2022.
Key figures
Market cap ₹26.3B (≈ $276M) Micro · P/E ratio 226.2 · P/S ratio 1.73 · EPS (TTM) ₹0.5000 · Net margin 0.8% · Return on equity 0.8% · Return on assets (EBIT) 2.8% · Operating margin 8.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 25 out of 100 (medium confidence).
What moves the price
The share trades about 53% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at 19% fair-value upside, at −80%, NACLIND screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹1.98 to ₹84.70). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear₹22.92Fair Value ₹22.94Bull₹22.94
Price ₹113.09 · Upside -79.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (₹0.2877 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.Coverage ⓘCoverage = 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.39/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+28.3%
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.
−9.2%
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.
+5.9%
Start year 2021 (pandemic). Over 10 years: +8.6% a year
Revenue growth 20 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%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−39.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−39.7%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−39.7% vs −10.3%, slowing
Profit margin 2021 to 2026 ⓘ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.8% → 5%
Compare NACL Industries Limited with another stock
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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.Agricultural Inputs · 163 stocks
Beats the industry median on 0/11 measures
Overall it trails its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside−79.7% · Bottom 25%
Profitability
Return on equity (12 months)0.8% · Bottom 25%
Return on assets0.3% · Bottom 25%
Net margin (12 months)0.8% · Bottom 25%
Operating margin (12 months)8.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)−14.5% · Bottom 25%
Valuation Multiplesvs Agricultural Inputs median · lower = cheaper
P/E (12 months)226.2× · Priciest 25%
P/B3.85× · Priciest 25%
P/S (12 months)1.73× · Pricier than median
EV/EBITDA26.2× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 24
FUTURE (revenue growth)0· sector 29
PAST (return on equity)3· sector 30
HEALTH (low debt)100· sector 98
DIVIDEND (yield)0· sector 38
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 NACL Industries Limited (NACLIND) overvalued or undervalued?
As of Oct 26, 2026, our model estimates a fair value of ₹22.94 versus a price of ₹113.09, about −80% upside (overvalued).
What is the fair value of NACLIND?
Our model-based fair value for NACL Industries Limited is ₹22.94 (as of Oct 26, 2026), built from audited fundamentals. The current price: ₹113.09.
What is the quality score of NACLIND?
NACL Industries Limited 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 NACL Industries Limited (NACLIND)?
Our model-based price target is the fair value of ₹22.94 (as of Oct 26, 2026) from 14 valuation models. Cautious scenario ₹22.92, optimistic scenario ₹22.94. It is a calculation from audited fundamentals, not an analyst target.
What is the NACL Industries Limited stock forecast for 2026?
Our models put fair value at ₹22.94, about −80% upside versus a price of ₹113.09 (overvalued). Cautious scenario ₹22.92, optimistic scenario ₹22.94. The calculation is refreshed regularly with new filings.
What is the revenue of NACL Industries Limited (NACLIND)?
NACL Industries Limited reported trailing-twelve-month revenue of about ₹15.2B (latest available figure, as of Oct 26, 2026).
What is the intrinsic value of NACL Industries Limited (NACLIND)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For NACL Industries Limited it is ₹22.94 per share (as of Oct 26, 2026), against a price of ₹113.09. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is NACL Industries Limited stock overvalued or undervalued in 2026?
As of Oct 26, 2026, NACLIND trades above its calculated fair value: price ₹113.09, fair value ₹22.94, a gap of about −80% (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 NACLIND?
No. The price is what the market pays today (₹113.09); the fair value is what the company's own numbers justify (₹22.94). For NACL Industries Limited the two are ₹90.15 per share apart. That gap is exactly why we show both numbers side by side.
How much is NACL Industries Limited worth?
The market values NACL Industries Limited at about ₹26.3B (market capitalisation, as of Oct 26, 2026). Per share that is ₹113.09; our models calculate a fair value of ₹22.94 per share.
What do the bullish and bearish scenarios say about NACLIND?
Our models span a range for NACL Industries Limited: cautious scenario ₹22.92, base ₹22.94, optimistic ₹22.94 per share (as of Oct 26, 2026, price ₹113.09). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NACLIND?
NACL Industries Limited trades at a price-to-earnings ratio of 226.2 (as of Oct 26, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹22.94 is built from several models across several years. Other multiples: P/B 3.9, P/S 1.7, EV/EBITDA 26.2.
How solid is the balance sheet of NACL Industries Limited (NACLIND)?
Balance-sheet figures for NACL Industries Limited (as of Oct 26, 2026): return on equity 0.8%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is NACLIND from its 52-week high?
NACL Industries Limited trades at ₹113.09, about 53% below its 52-week high of ₹243.02 and at the low of ₹113.09 (as of Oct 26, 2026). Distance from the high says nothing about value: that is what the fair value of ₹22.94 is for.
Which stocks are comparable to NACL Industries Limited?
From the same area (Basic Materials) we also value Nutrien Ltd, Qinghai Salt Lake Industry Co, CF Industries Holdings, Yara International ASA, 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 NACL Industries Limited stock attractive at the current price?
The data as of Oct 26, 2026: price ₹113.09, calculated fair value ₹22.94 (−80%), Quality Score 48/100, from 14 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 NACLIND calculated?
We run NACL Industries Limited through 14 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 ₹22.94, 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 12.7 % above its aggregate fair value. NACL Industries Limited 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 NACL Industries Limited (NACLIND)?
The closing price on Oct 26, 2026 was ₹113.09. Our model-based fair value is ₹22.94, about −80% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with NACL Industries Limited right now?
The price sits above even our optimistic bull case (₹22.94). 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. The models converge in a tight band (₹22.92 to ₹22.94), unusually little disagreement for a valuation.
Key figures of NACL Industries Limited
How large is the market capitalisation of NACL Industries Limited (NACLIND)?
The market capitalisation of NACL Industries Limited is ₹26.3B (≈ $276M). 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 NACL Industries Limited (NACLIND)?
The price-to-sales ratio of NACL Industries Limited is 1.73 (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 NACL Industries Limited (NACLIND)?
Earnings per share at NACL Industries Limited are ₹0.5000 (price ÷ EPS = P/E 226.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of NACL Industries Limited (NACLIND)?
The net margin of NACL Industries Limited is 0.8% (last twelve months). 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 NACL Industries Limited (NACLIND)?
The return on equity (ROE) of NACL Industries Limited is 0.8% (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 NACL Industries Limited (NACLIND)?
On an EBIT basis the return on assets of NACL Industries Limited is 2.8% (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 NACL Industries Limited (NACLIND)?
The operating margin of NACL Industries Limited is 8.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at NACL Industries Limited (NACLIND)?
Revenue at NACL Industries Limited is growing −14.5% versus a year earlier (3y avg −9.2%). 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 NACL Industries Limited (NACLIND)?
Earnings per share at NACL Industries Limited are growing +36.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does NACL Industries Limited (NACLIND) generate?
The free cash flow of NACL Industries Limited is −₹1.8B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does NACL Industries Limited (NACLIND) carry?
The net debt of NACL Industries Limited is ₹2.8B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Oct 26, 2026