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Palash Securities Limited (PALASHSECU) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹914M

PS Palash Securities Limited PALASHSECU · NSE
Price₹92.53
Fair Value₹273.02
Upside+195.1%
Quality47/100
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Strengths

Trades 66% below our fair value of ₹273.02
Highly profitable · 32.4% net margin

Risks

!Weak Growth (revenue 5y −3.4 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (5/11)
!Narrow moat 30/100
Weak Growth (revenue 5y −3.4 %/yr)
Highly profitable · 32.4% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/11)
Narrow moat 30/100
Evidence: Medium Range ₹204.76 – ₹331.81 Share as image

Fair value as of: Aug 19, 2026

From 8 valuation models · updated 5 days ago

Share price +4.8% over the past month.

Below-average quality, trading 66% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The price is below even our cautious bear case (₹204.76). The market is more pessimistic than our downside scenario.
  • Solid quality (47/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

₹188.70 ₹54.95 Fair Value ₹273.02 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range ₹54.95 – ₹188.70 · fair‑value band ₹204.76 – ₹331.81 · the ₹92.53 price screens below the ₹273.02 fair value. Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

Palash Securities Limited (PALASHSECU) currently trades at ₹92.53, while our model-based Fair Value estimate is ₹273.02, implying the stock looks roughly 195.1% undervalued today. The Quality Score stands at 47/100 (below-average quality), in the Consumer Defensive 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: medium), always confirm before acting.

Over the trailing twelve months, Palash Securities Limited generated revenue of ₹496M at a net margin of 32.4%. It earns a return on equity of 2.2%. The balance sheet holds a net cash position of ₹97.5M. The stock trades on a trailing P/E of 5.8. Fundamentals as of Aug 19, 2026

Our scenario range runs from ₹204.76 (bear case) to ₹331.81 (bull case); at ₹92.53, the current price sits below 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 31% below its 52-week high and 17% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at 195%, PALASHSECU screens cheaper 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
Growth-Adj P/E ₹178.67 ₹255.24 ₹331.81 68
P/E Multiple ₹253.02 ₹337.36 ₹421.70 63
Residual Income ₹332.04 ₹316.39 ₹251.38 61
All 8 models by family
DCF Models
Owner Earnings ₹105.75 ₹139.74 ₹200.03 31
Earnings-Based
Graham-Dodd ₹109.24 ₹156.76 ₹184.20 54
Multiples
P/E Multiple ₹253.02 ₹337.36 ₹421.70 63
P/S Multiple ₹59.07 ₹78.76 ₹98.45 58
P/B Multiple ₹204.83 ₹273.10 ₹341.38 55
Asset-Based
NCAV (Graham) ₹241.81 ₹324.02 ₹483.61 50
Economic Profit
Residual Income ₹332.04 ₹316.39 ₹251.38 61
Growth Earnings
Growth-Adj P/E ₹178.67 ₹255.24 ₹331.81 68

Widest divergence: Asset-Based (₹324.02) versus DCF Models (₹139.74). Highest evidence: Growth-Adj P/E (68).

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Key figures & financial health

P/E ratio 5.8
P/S ratio 1.84 TTM
Net margin 32.4% TTM
Return on equity 2.2% TTM
Return on assets -0.4% TTM
Operating margin -24.7% TTM
More key figures
Profitability
EPS (TTM) ₹16.06
Growth
Revenue (TTM) ₹496M TTM
Revenue growth (YoY) -98.5% 3y avg -2.5%
EPS growth (YoY) -46.2%
Balance sheet & cash flow
Free cash flow −₹216M FY2026
Net cash ₹97.5M FY2026

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 45 · Market factors (momentum, volatility) 41

Profitability 32
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 17
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Palash Securities Limited, an investment company, engages in the food processing business in India and internationally. The company offers canned fruits and vegetables, jams jellies, marmalades, juices, tomato ketchup/purees/sauces, vegetable sauces, and squashes, as well as breakfast cereals, such as cornflakes, chocos, and white oats.

Full company description

Palash Securities Limited, an investment company, engages in the food processing business in India and internationally. The company offers canned fruits and vegetables, jams jellies, marmalades, juices, tomato ketchup/purees/sauces, vegetable sauces, and squashes, as well as breakfast cereals, such as cornflakes, chocos, and white oats. It also invests in and deals in shares and securities; and immovable properties. The company was incorporated in 2015 and is headquartered in Kolkata, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Palash Securities Limited reported revenue of ₹492M in FY2026 versus ₹539M in FY2022, a compound −2.2%/yr. Reported net income was ₹161M in FY2026.

Growth Quality 25/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹492M
Latest YoY
+0.1%
Avg. revenue 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.
−2.5%
Avg. revenue 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.
−3.4%
Avg. revenue growth/yr (9Y) 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.
+0.6%
Revenue −2.2%/yr
FY22 ₹539M
FY23 ₹531M
FY24 ₹409M
FY25 ₹492M
FY26 ₹492M
Net income
FY22 −₹85.5M
FY23 −₹156M
FY24 −₹96.2M
FY25 −₹127M
FY26 ₹161M

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Cite: Fair Value Calculator (2026). "Palash Securities Limited Fair Value". https://www.fairvalue-calculator.com/stock/PALASHSECU

Peer Group

Packaged Foods · 666 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 47 · Below median
Fair Value upside +195% · Top 25%
Return on equity (TTM) 2% · Below median
Return on assets -0% · Bottom 25%
Net margin (TTM) 32% · Top 25%
Operating margin (TTM) -25% · Bottom 25%
Revenue growth -99% · Bottom 25%
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 5.8× · Cheaper than 75% of peers
P/B 0.19× · Cheaper than 75% of peers
P/S (TTM) 1.84× · Pricier 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 25
FUTURE0 · sector 20
PAST9 · sector 27
HEALTH98 · sector 96
DIVIDEND0 · sector 52

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

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 79.06 CHF 57.26 -28%
Danone S.A BN €65.48 €48.41 -26%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 -83%
The Kraft Heinz Company KHC $24.53 $24.59 +0%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 -37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 -61%
General Mills, Inc GIS $38.18 $28.32 -26%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
McCormick & Company MKCV $55.65 $43.29 -22%

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Frequently asked questions

Is Palash Securities Limited (PALASHSECU) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of ₹273.02 versus a price of ₹92.53, about +195% (undervalued).
What is the fair value of PALASHSECU?
Our model-based fair value for Palash Securities Limited is ₹273.02 (as of Aug 19, 2026), built from audited fundamentals. The current price: ₹92.53.
What is the quality score of PALASHSECU?
Palash Securities Limited has a Quality Score of 47/100. 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 revenue of Palash Securities Limited (PALASHSECU)?
Palash Securities Limited reported trailing-twelve-month revenue of about ₹496M (latest available figure, as of Aug 19, 2026).
What is the net profit margin of PALASHSECU?
The net profit margin of Palash Securities Limited is about 32.4%, meaning it keeps roughly 32.4% 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.

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