Raghuvansh Agrofarms Ltd (RAFL) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Raghuvansh Agrofarms Ltd stock ₹55.41, price ₹34.05, upside +62.7%, quality 65 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?Yes
Good quality?Yes
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
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 25, 2026.
How to read this chart
60‑month range ₹30.01 – ₹537.05 · fair‑value band ₹46.66 – ₹72.03 · the ₹34.05 price screens below the ₹55.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 25, 2026.
Follow Raghuvansh Agrofarms in your weekly email
Every Wednesday you see whether Raghuvansh Agrofarms is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Raghuvansh Agrofarms Ltd (RAFL) currently trades at ₹34.05, while our model-based Fair Value estimate is ₹55.41, implying the stock looks roughly 38.5% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of ₹60.15 per share, and 10 of the 16 models we run sit above the ₹34.05 price.
Bear case: the Multiples group reads lowest at ₹10.30, and 6 of the 16 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹46.66 (bear) to ₹72.03 (bull), the price of ₹34.05 sits below 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 65/100 (solid quality), in the Consumer Staples sector.
Mixed Growth: Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
Raghuvansh Agrofarms Ltd reported revenue of ₹76.7M in FY2026 versus ₹223M in FY2022, a compound −23.4%/yr. Reported net income was ₹41.6M in FY2026, compounding −8.3%/yr from FY2022.
Key figures
Market cap ₹406M (≈ $4.3M) Micro · P/E ratio 9.3 · P/S ratio 5.29 · EPS (TTM) ₹3.65 · Net margin 56.7% · Return on equity 5.2% · Return on assets (EBIT) 2.4% · Operating margin 12.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 54 out of 100 (low confidence).
What moves the price
The share trades about 59% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Staples peers we cover trades at 1% fair-value upside, at 63%, RAFL screens cheaper than that median.
Fair Value models
Bear₹46.66Fair Value ₹55.41Bull₹72.03
Price ₹34.05 · Upside +62.7%
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 (₹2.08 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.55/100
Spin-off in 2025: revenue and profit before it include the divested business. Growth is measured afresh from 2025.
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.
−6.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.7%
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.16% → 6%
⚠ Revenue per share shrinking 24.9%/yr over ~5Y (margins intact) ⓘ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
A lot of optimism in the price
The price assumes more 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).
−4.9%
The company could shrink this much every year for the next five years and today's price would still be justified.
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 −8.6% a year for the price.
Compare Raghuvansh Agrofarms Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Agricultural Products” was too small, so the broader sector is used.)Consumer Staples · 1699 stocks
Beats the sector median on 8/13 measures
Overall it ranks above its sector peers.
Valuation
Quality Score65 · Top 25%
Fair Value upside+62.7% · Top 25%
Profitability
Return on equity (12 months)5.2% · Below median
Return on assets4.0% · Above median
Net margin (12 months)56.7% · Top 25%
Operating margin (12 months)12.8% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−37.4% · Bottom 25%
Balance sheet
Debt / equity0.14× · Above median
Valuation Multiplesvs Consumer Staples 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.
Is Raghuvansh Agrofarms Ltd (RAFL) overvalued or undervalued?
As of Oct 25, 2026, our model estimates a fair value of ₹55.41 versus a price of ₹34.05, about +63% upside (undervalued).
What is the fair value of RAFL?
Our model-based fair value for Raghuvansh Agrofarms Ltd is ₹55.41 (as of Oct 25, 2026), built from audited fundamentals. The current price: ₹34.05.
What is the quality score of RAFL?
Raghuvansh Agrofarms Ltd has a Quality Score of 65/100. 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 Raghuvansh Agrofarms Ltd (RAFL)?
Our model-based price target is the fair value of ₹55.41 (as of Oct 25, 2026) from 16 valuation models. Cautious scenario ₹46.66, optimistic scenario ₹72.03. It is a calculation from audited fundamentals, not an analyst target.
What is the Raghuvansh Agrofarms Ltd stock forecast for 2026?
Our models put fair value at ₹55.41, about +63% upside versus a price of ₹34.05 (undervalued). Cautious scenario ₹46.66, optimistic scenario ₹72.03. The calculation is refreshed regularly with new filings.
What is the revenue of Raghuvansh Agrofarms Ltd (RAFL)?
Raghuvansh Agrofarms Ltd reported trailing-twelve-month revenue of about ₹76.7M (latest available figure, as of Oct 25, 2026).
What growth is priced into Raghuvansh Agrofarms Ltd (RAFL)?
For today's price to be fair in a discounted-cash-flow model, Raghuvansh Agrofarms Ltd would have to grow free cash flow by -4.9 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -16.9 % per year. As of Oct 25, 2026.
What discount rate (WACC) does the fair value of RAFL use?
Our models discount Raghuvansh Agrofarms Ltd at 12.4 %: a base by market capitalisation (nano), 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 Raghuvansh Agrofarms Ltd that is -4.9 % per year a year over ten years, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has Raghuvansh Agrofarms Ltd (RAFL) delivered so far?
Over the past 5 years revenue at Raghuvansh Agrofarms Ltd grew -16.9 % a year. The price currently implies -4.9 % 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.
What is the free cash flow yield of Raghuvansh Agrofarms Ltd (RAFL)?
The free-cash-flow yield on the price is 19.89 %: that much free cash flow Raghuvansh Agrofarms Ltd produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Raghuvansh Agrofarms Ltd (RAFL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Raghuvansh Agrofarms Ltd it is ₹55.41 per share (as of Oct 25, 2026), against a price of ₹34.05. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Raghuvansh Agrofarms Ltd stock overvalued or undervalued in 2026?
As of Oct 25, 2026, RAFL trades below its calculated fair value: price ₹34.05, fair value ₹55.41, a gap of about +63% (undervalued). 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 RAFL?
No. The price is what the market pays today (₹34.05); the fair value is what the company's own numbers justify (₹55.41). For Raghuvansh Agrofarms Ltd the two are ₹21.36 per share apart. That gap is exactly why we show both numbers side by side.
How much is Raghuvansh Agrofarms Ltd worth?
The market values Raghuvansh Agrofarms Ltd at about ₹406M (market capitalisation, as of Oct 25, 2026). Per share that is ₹34.05; our models calculate a fair value of ₹55.41 per share.
What do the bullish and bearish scenarios say about RAFL?
Our models span a range for Raghuvansh Agrofarms Ltd: cautious scenario ₹46.66, base ₹55.41, optimistic ₹72.03 per share (as of Oct 25, 2026, price ₹34.05). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RAFL?
Raghuvansh Agrofarms Ltd trades at a price-to-earnings ratio of 9.3 (as of Oct 25, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹55.41 is built from several models across several years. Other multiples: P/B 0.5, P/S 5.3, EV/EBITDA 25.5.
How solid is the balance sheet of Raghuvansh Agrofarms Ltd (RAFL)?
Balance-sheet figures for Raghuvansh Agrofarms Ltd (as of Oct 25, 2026): return on equity 5.2%, debt of 0.14 per unit of equity. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is RAFL from its 52-week high?
Raghuvansh Agrofarms Ltd trades at ₹34.05, about 59% below its 52-week high of ₹84.00 and 13% above the low of ₹30.01 (as of Oct 19, 2026). Distance from the high says nothing about value: that is what the fair value of ₹55.41 is for.
Which stocks are comparable to Raghuvansh Agrofarms Ltd?
From the same area (Consumer Staples) we also value CIANAGRO, NEAGI, 540401, NAGTECH, 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 Raghuvansh Agrofarms Ltd stock attractive at the current price?
The data as of Oct 25, 2026: price ₹34.05, calculated fair value ₹55.41 (+63%), Quality Score 65/100, from 16 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 RAFL calculated?
We run Raghuvansh Agrofarms Ltd through 16 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 ₹55.41, 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 12.3 % above its aggregate fair value. Raghuvansh Agrofarms Ltd currently trades 39 % below its own fair value, and the market average says nothing about that. 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 Raghuvansh Agrofarms Ltd (RAFL)?
The closing price on Oct 19, 2026 was ₹34.05. Our model-based fair value is ₹55.41, about +63% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Raghuvansh Agrofarms Ltd right now?
The price is below even our cautious bear case (₹46.66). The market is more pessimistic than our downside scenario. 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 quality (65/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Raghuvansh Agrofarms Ltd
How large is the market capitalisation of Raghuvansh Agrofarms Ltd (RAFL)?
The market capitalisation of Raghuvansh Agrofarms Ltd is ₹406M (≈ $4.3M). 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 Raghuvansh Agrofarms Ltd (RAFL)?
The price-to-sales ratio of Raghuvansh Agrofarms Ltd is 5.29 (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 Raghuvansh Agrofarms Ltd (RAFL)?
Earnings per share at Raghuvansh Agrofarms Ltd are ₹3.65 (price ÷ EPS = P/E 9.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Raghuvansh Agrofarms Ltd (RAFL)?
The net margin of Raghuvansh Agrofarms Ltd is 56.7% (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 Raghuvansh Agrofarms Ltd (RAFL)?
The return on equity (ROE) of Raghuvansh Agrofarms Ltd is 5.2% (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 Raghuvansh Agrofarms Ltd (RAFL)?
On an EBIT basis the return on assets of Raghuvansh Agrofarms Ltd is 2.4% (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 Raghuvansh Agrofarms Ltd (RAFL)?
The operating margin of Raghuvansh Agrofarms Ltd is 12.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Raghuvansh Agrofarms Ltd (RAFL)?
Revenue at Raghuvansh Agrofarms Ltd is growing −37.4% versus a year earlier (3y avg −12.2%). 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 Raghuvansh Agrofarms Ltd (RAFL)?
Earnings per share at Raghuvansh Agrofarms Ltd are growing −41.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Raghuvansh Agrofarms Ltd (RAFL) carry?
The net debt of Raghuvansh Agrofarms Ltd is ₹152M (fiscal year 2026, ≈ 1.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Raghuvansh Agrofarms Ltd in the live analysis
One click puts Raghuvansh Agrofarms Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Thin data
Oct 25, 2026