EN DE

Niraj Ispat Industries Limited (NIRAJISPAT) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹120M

NI Niraj Ispat Industries Limited NIRAJISPAT · NSE
Price₹211.00
Fair Value₹152.42
Upside-27.8%
Quality51/100
Watch Niraj Ispat Industries Limited for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 0.0% net margin
Low debt · negative free cash flow
Trails peers (2/10)
Evidence: Medium Range ₹95.40 – ₹209.44 Share as image

Fair value as of: Aug 13, 2026

From 13 valuation models · updated 4 days ago

Share price +8.8% over the past month.

A solid business, but screening 28% overvalued on our models.

What matters now

  • Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹95.40 to ₹209.44) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹600.50 ₹112.00 Fair Value ₹152.42 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 ₹112.00 – ₹600.50 · fair‑value band ₹95.40 – ₹209.44 · the ₹211.00 price screens above the ₹152.42 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 →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Niraj Ispat Industries Limited (NIRAJISPAT) currently trades at ₹211.00, while our model-based Fair Value estimate is ₹152.42, implying the stock looks roughly 27.8% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Consumer Cyclical 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: medium).

Net debt stands at ₹45.4M. The stock trades on a trailing P/E of 8.3. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹95.40 (bear case) to ₹209.44 (bull case); at ₹211.00, the current price sits above 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 66% below its 52-week high and 36% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 27% fair-value upside, at -28%, NIRAJISPAT screens richer 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
ROIC Compounder ₹23.34 ₹28.77 ₹33.18 72
Growth-Adj P/E ₹314.90 ₹449.85 ₹584.81 68
P/E Multiple ₹446.71 ₹595.61 ₹744.52 63
All 13 models by family
DCF Models
Owner Earnings ₹188.66 ₹243.32 ₹331.29 31
Earnings-Based
Graham-Dodd ₹184.10 ₹225.01 ₹253.14 54
EPV ₹23.34 ₹28.77 ₹33.18 59
Multiples
P/E Multiple ₹446.71 ₹595.61 ₹744.52 63
P/S Multiple ₹54.33 ₹72.44 ₹90.55 58
P/B Multiple ₹345.19 ₹460.25 ₹575.31 55
EV/EBIT ₹149.15 ₹206.17 ₹263.19 53
EV/EBITDA ₹114.57 ₹160.06 ₹205.56 54
EV/Revenue ₹28.79 ₹50.52 ₹72.25 43
Asset-Based
NCAV (Graham) ₹132.75 ₹177.89 ₹265.50 50
Economic Profit
Residual Income ₹210.66 ₹225.44 ₹250.42 61
ROIC Compounder ₹23.34 ₹28.77 ₹33.18 72
Growth Earnings
Growth-Adj P/E ₹314.90 ₹449.85 ₹584.81 68

Widest divergence: Growth Earnings (₹449.85) versus Earnings-Based (₹28.77). Highest evidence: ROIC Compounder (72).

Notify me when NIRAJISPAT reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Free cash flow −₹14.6M FY2026
P/E ratio 8.3
EPS (TTM) ₹25.57
Net debt ₹45.4M FY2026

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 47 · Market factors (momentum, volatility) 16

Profitability 42
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 62
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 6
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

Niraj Ispat Industries Limited is a manufacturing company that specializes in producing polyester buttons in two or four thread holes for dresses, sweaters, pouches, and shirts. These buttons are available in a variety of colors, sizes, and designs and are offered at cost-effective prices to clients.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Niraj Ispat Industries Limited reported revenue of ₹36.2M in FY2026 versus ₹48.7M in FY2022, a compound −7.2%/yr. Reported net income was ₹16.2M in FY2026, compounding +21.2%/yr from FY2022.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹36.2M
Latest YoY
−2.5%
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.
−13.4%
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.
+0.3%
Avg. growth/yr (16Y) 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.
+2.7%
Revenue −7.2%/yr
FY22 ₹48.7M
FY23 ₹55.7M
FY24 ₹32.6M
FY25 ₹37.2M
FY26 ₹36.2M
Net income +21.2%/yr
FY22 ₹7.5M
FY23 ₹16.7M
FY24 ₹8.1M
FY25 ₹13.4M
FY26 ₹16.2M
Character of growth · EPS growth decomposed (2015-2026) +4.2 % p.a.
Revenue per share −7.1 pp

of which total revenue −7.1 pp · buybacks/dilution +0.0 pp

EBIT margin −0.2 pp
Tax rate +0.9 pp
Residual (interest, one-offs) +10.6 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).

NIRAJISPAT screens 28% overvalued. Compare with H & M Hennes & Mauritz AB →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "Niraj Ispat Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/NIRAJISPAT

Peer Group

Apparel Manufacturing · 210 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 51 · Below median
Fair Value upside −28% · Below median
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median
Debt / equity 0.08× · Higher than median

Valuation Multiples vs Apparel Manufacturing median · lower = cheaper

P/E (TTM) 8.3× · Cheaper than 75% of peers
EV/EBITDA 1.6× · 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 28
FUTURE 0 · sector 4
PAST 0 · sector 21
HEALTH 96 · sector 98
DIVIDEND 0 · sector 55

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 Apparel Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
H & M Hennes & Mauritz AB HMB kr 174.25 kr 165.47 -5%
LPP SA LPP 22,220 PLN 17,754 PLN -20%
Bosideng International Holdings 3998 HK$4.65 HK$5.92 +27%
Youngor Fashion Co 600177 ¥7.78 ¥5.59 -28%
Page Industries Limited PAGEIND ₹38,295 ₹12,395 -68%
Hla Group 600398 ¥6.07 ¥9.92 +63%
Youngone Corporation 111770 85,200 KRW 188,736 KRW +122%
F&F Co 383220 68,800 KRW 179,500 KRW +161%
Youngone Holdings 009970 188,300 KRW 697,038 KRW +270%
Wiselink Co 8932 105.00 TWD 37.95 TWD -64%

Compare Niraj Ispat Industries Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Niraj Ispat Industries Limited (NIRAJISPAT) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹152.42 versus a price of ₹211.00, about −28% (overvalued).
What is the fair value of NIRAJISPAT?
Our model-based fair value for Niraj Ispat Industries Limited is ₹152.42 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹211.00.
What is the quality score of NIRAJISPAT?
Niraj Ispat Industries Limited has a Quality Score of 51/100. 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 net profit margin of NIRAJISPAT?
The net profit margin of Niraj Ispat Industries Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. 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.

14 days Pro free · no card

Track Niraj Ispat Industries Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.