OK PLAY INDIA LTD. (OKPLA) fair value: what the stock is really worth
As of Oct 5, 2026: fair value of OK PLAY INDIA LTD. ₹2.79, price ₹2.99, upside -6.7%, quality 35 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 4, 2026.
How to read this chart
60‑month range ₹2.91 – ₹17,020 · fair‑value band ₹2.53 – ₹2.79 · the ₹2.99 price screens above the ₹2.79 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 4, 2026.
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OK Play India Limited manufactures and sells plastic molded products in India. The company offers plastic molded toys, children playground equipment, school furniture, automotive components, and electric vehicles; and mannequins, as well as point-of-purchase, infrastructure, and industrial products.
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OK Play India Limited manufactures and sells plastic molded products in India. The company offers plastic molded toys, children playground equipment, school furniture, automotive components, and electric vehicles; and mannequins, as well as point-of-purchase, infrastructure, and industrial products. OK Play India Limited serves clients operating in the automotive sector; government projects; POP, signage, and display stands; and toys, school furniture, and playground equipment. The company was formerly known as Aquapure Containers Ltd. and changed its name to OK Play India Limited in 1993. Ok Play India Limited was incorporated in 1988 and is headquartered in New Delhi, India.
Stock analysis
OK PLAY INDIA LTD. (OKPLA) currently trades at ₹2.99, while our model-based Fair Value estimate is ₹2.79, so the stock looks roughly fairly valued today (gap 7.2%).
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹4.27 per share, and 11 of the 22 models we run sit above the ₹2.99 price.
Bear case: the Earnings-Based group reads lowest at ₹0.9100, and 11 of the 22 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹2.53 (bear) to ₹2.79 (bull), the price of ₹2.99 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 35/100 (below-average quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
OK PLAY INDIA LTD. reported revenue of ₹2.0B in FY2026 versus ₹1.0B in FY2022, a compound +18.3%/yr. Reported net income was ₹29.2M in FY2026.
Key figures
Market cap ₹1.1B (≈ $11.3M) · P/E ratio 49.8 · P/S ratio 0.74 · EPS (TTM) ₹0.0600 · Net margin 1.5% · Return on equity 1.8% · Return on assets (EBIT) 4.3% · Operating margin 8.4%.
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 64% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 39% fair-value upside, at −7%, OKPLA screens richer than that median.
Fair Value models
Bear ₹2.53Fair Value ₹2.79Bull ₹2.79
Price ₹2.99 · Upside -6.7%
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 (₹0.0311 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.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+17.9%
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.
+2.9%
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.
+16.6%
Start year 2021 (pandemic). Over 10 years: +6.4% a year
Revenue growth 13 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.
+9.4%
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What shareholders gained per year (last 3 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 3 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.
+27.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+27.3%
Dividend (yield on the price)0.0%
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.9% → 3%
⚠ Revenue per share shrinking 31.3%/yr over ~7Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+5.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +1.2% a year for the price.
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.Leisure · 176 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score35 · Bottom 25%
Fair Value upside−6.7% · Below median
Profitability
Return on equity (TTM)1.8% · Below median
Return on assets1.1% · Below median
Net margin (TTM)1.2% · Below median
Operating margin (TTM)8.4% · Below median
Growth and dividend
Revenue growth11.2% · Above median
Balance sheet
Debt / equity0.42× · Highest 25%
Valuation Multiplesvs Leisure median · lower = cheaper
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). "OK PLAY INDIA LTD. Fair Value". https://www.fairvalue-calculator.com/stock/OKPLA
Frequently asked questions
Is OK PLAY INDIA LTD. (OKPLA) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of ₹2.79 versus a price of ₹2.99, about −7% upside (fairly valued).
What is the fair value of OKPLA?
Our model-based fair value for OK PLAY INDIA LTD. is ₹2.79 (as of Oct 4, 2026), built from audited fundamentals. The current price: ₹2.99.
What is the quality score of OKPLA?
OK PLAY INDIA LTD. has a Quality Score of 35/100. 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 OK PLAY INDIA LTD. (OKPLA)?
Our model-based price target is the fair value of ₹2.79 (as of Oct 4, 2026) from 22 valuation models. Cautious scenario ₹2.53, optimistic scenario ₹2.79. It is a calculation from audited fundamentals, not an analyst target.
What is the OK PLAY INDIA LTD. stock forecast for 2026?
Our models put fair value at ₹2.79, about −7% upside versus a price of ₹2.99 (fairly valued). Cautious scenario ₹2.53, optimistic scenario ₹2.79. The calculation is refreshed regularly with new filings.
What is the revenue of OK PLAY INDIA LTD. (OKPLA)?
OK PLAY INDIA LTD. reported trailing-twelve-month revenue of about ₹2.0B (latest available figure, as of Oct 4, 2026).
What growth is priced into OK PLAY INDIA LTD. (OKPLA)?
For today's price to be fair in a discounted-cash-flow model, OK PLAY INDIA LTD. would have to grow free cash flow by +5.4 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +16.6 % per year. As of Oct 4, 2026.
What discount rate (WACC) does the fair value of OKPLA use?
Our models discount OK PLAY INDIA LTD. at 10.9 %: a base by market capitalisation (nano), damped by beta 0.51, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For OK PLAY INDIA LTD. that is +5.4 % per year a year over ten years, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has OK PLAY INDIA LTD. (OKPLA) delivered so far?
Over the past 5 years revenue at OK PLAY INDIA LTD. grew +16.6 % a year. The price currently implies +5.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of OK PLAY INDIA LTD. (OKPLA) growing?
The median revenue growth in the sector is +4.2 % a year. That is the yardstick for the growth priced into OK PLAY INDIA LTD. (+5.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of OK PLAY INDIA LTD. (OKPLA)?
The free-cash-flow yield on the price is 14.17 %: that much free cash flow OK PLAY INDIA LTD. produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of OK PLAY INDIA LTD. (OKPLA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For OK PLAY INDIA LTD. it is ₹2.79 per share (as of Oct 4, 2026), against a price of ₹2.99. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is OK PLAY INDIA LTD. stock overvalued or undervalued in 2026?
As of Oct 4, 2026, OKPLA trades above its calculated fair value: price ₹2.99, fair value ₹2.79, a gap of about −7% (fairly valued). 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 OKPLA?
No. The price is what the market pays today (₹2.99); the fair value is what the company's own numbers justify (₹2.79). For OK PLAY INDIA LTD. the two are ₹0.2000 per share apart. That gap is exactly why we show both numbers side by side.
How much is OK PLAY INDIA LTD. worth?
The market values OK PLAY INDIA LTD. at about ₹1.1B (market capitalisation, as of Oct 4, 2026). Per share that is ₹2.99; our models calculate a fair value of ₹2.79 per share.
What do the bullish and bearish scenarios say about OKPLA?
Our models span a range for OK PLAY INDIA LTD.: cautious scenario ₹2.53, base ₹2.79, optimistic ₹2.79 per share (as of Oct 4, 2026, price ₹2.99). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of OKPLA?
OK PLAY INDIA LTD. trades at a price-to-earnings ratio of 49.8 (as of Oct 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹2.79 is built from several models across several years. Other multiples: P/B 0.7, P/S 0.5, EV/EBITDA 6.4.
How solid is the balance sheet of OK PLAY INDIA LTD. (OKPLA)?
Balance-sheet figures for OK PLAY INDIA LTD. (as of Oct 4, 2026): return on equity 1.8%, debt of 0.42 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is OKPLA from its 52-week high?
OK PLAY INDIA LTD. trades at ₹2.99, about 64% below its 52-week high of ₹8.42 and 3% above the low of ₹2.91 (as of Oct 5, 2026). Distance from the high says nothing about value: that is what the fair value of ₹2.79 is for.
Which stocks are comparable to OK PLAY INDIA LTD.?
From the same area (Consumer Cyclical) we also value Pop Mart International Group, ANTA Sports Products Limited, Amer Sports, Inc, Hasbro, Inc, 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 OK PLAY INDIA LTD. stock attractive at the current price?
The data as of Oct 4, 2026: price ₹2.99, calculated fair value ₹2.79 (−7%), Quality Score 35/100, from 22 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 OKPLA calculated?
We run OK PLAY INDIA LTD. through 22 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 ₹2.79, 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. OK PLAY INDIA 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 OK PLAY INDIA LTD. (OKPLA)?
The closing price on Oct 5, 2026 was ₹2.99. Our model-based fair value is ₹2.79, about −7% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with OK PLAY INDIA LTD. right now?
The price sits above even our optimistic bull case (₹2.79). The favourable scenario is already priced in. The price sits close to our fair value, market and models broadly agree here, little valuation tension. The models converge in a tight band (₹2.53 to ₹2.79), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of OK PLAY INDIA LTD.
How large is the market capitalisation of OK PLAY INDIA LTD. (OKPLA)?
The market capitalisation of OK PLAY INDIA LTD. is ₹1.1B (≈ $11.3M). 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 OK PLAY INDIA LTD. (OKPLA)?
The price-to-sales ratio of OK PLAY INDIA LTD. is 0.74 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of OK PLAY INDIA LTD. (OKPLA)?
Earnings per share at OK PLAY INDIA LTD. are ₹0.0600 (price ÷ EPS = P/E 49.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of OK PLAY INDIA LTD. (OKPLA)?
The net margin of OK PLAY INDIA LTD. is 1.5% (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 OK PLAY INDIA LTD. (OKPLA)?
The return on equity (ROE) of OK PLAY INDIA LTD. is 1.8% (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 OK PLAY INDIA LTD. (OKPLA)?
On an EBIT basis the return on assets of OK PLAY INDIA LTD. is 4.3% (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 OK PLAY INDIA LTD. (OKPLA)?
The operating margin of OK PLAY INDIA LTD. is 8.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at OK PLAY INDIA LTD. (OKPLA)?
Revenue at OK PLAY INDIA LTD. is growing +11.2% versus a year earlier (3y avg +2.9%). 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 OK PLAY INDIA LTD. (OKPLA)?
Earnings per share at OK PLAY INDIA LTD. are growing −31.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does OK PLAY INDIA LTD. (OKPLA) carry?
The net debt of OK PLAY INDIA LTD. is ₹1.0B (fiscal year 2026, ≈ 6.8 yrs of FCF). 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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