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RISHI TECHTEX LTD. (RISHITECH) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹283M

RT RISHI TECHTEX LTD. RISHITECH · BSE
Price₹38.25
Fair Value₹65.26
Upside+70.6%
Quality52/100
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Strengths

Trades 41% below our fair value of ₹65.26
Ranks above peers (9/12)

Risks

!Expensive Growth (revenue 5y +12.7 %/yr)
!Thin margins · 1.7% net margin
!Low debt · negative free cash flow
!Narrow moat 31/100
Expensive Growth (revenue 5y +12.7 %/yr)
Thin margins · 1.7% net margin
Low debt · negative free cash flow
Ranks above peers (9/12)
Narrow moat 31/100
Evidence: Medium Range ₹45.68 – ₹84.84 Share as image

Fair value as of: Aug 26, 2026

From 14 valuation models · updated today

Share price −5.7% over the past month.

A solid business, trading 41% 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 (₹45.68). The market is more pessimistic than our downside scenario.
  • Solid quality (52/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (₹45.68 to ₹84.84) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹70.98 ₹18.83 Fair Value ₹65.26 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 26, 2026.

How to read this chart

60‑month range ₹18.83 – ₹70.98 · fair‑value band ₹45.68 – ₹84.84 · the ₹38.25 price screens below the ₹65.26 fair value. Dashed = 300-day average. As of Aug 26, 2026.

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Analysis

RISHI TECHTEX LTD. (RISHITECH) currently trades at ₹38.25, while our model-based Fair Value estimate is ₹65.26, implying the stock looks roughly 70.6% undervalued today. The Quality Score stands at 52/100 (solid quality), in the Consumer Cyclical 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, RISHI TECHTEX LTD. generated revenue of ₹1.5B at a net margin of 1.7%. Revenue grew 19.9% year over year. It earns a return on equity of 7.1%. Net debt stands at ₹316M. Fundamentals as of Aug 26, 2026

Our scenario range runs from ₹45.68 (bear case) to ₹84.84 (bull case); at ₹38.25, 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 35% below its 52-week high and 20% 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 71%, RISHITECH 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
ROIC Compounder ₹43.56 ₹49.35 ₹59.53 72
Growth-Adj P/E ₹45.68 ₹65.26 ₹84.84 68
P/E Multiple ₹55.71 ₹74.28 ₹92.85 63
All 14 models by family
Earnings-Based
Graham-Dodd ₹22.96 ₹105.64 ₹145.03 54
Lynch FV ₹27.77 ₹39.67 ₹51.57 50
PEG = 1.0 ₹27.77 ₹39.67 ₹51.57 46
EPV ₹43.56 ₹49.35 ₹54.06 59
Multiples
P/E Multiple ₹55.71 ₹74.28 ₹92.85 63
P/S Multiple ₹43.05 ₹57.40 ₹71.75 58
P/B Multiple ₹43.05 ₹57.40 ₹71.75 55
EV/EBIT ₹108.82 ₹146.68 ₹184.54 53
EV/EBITDA ₹111.66 ₹150.47 ₹189.28 54
EV/Revenue ₹71.80 ₹104.61 ₹137.42 43
Asset-Based
NCAV (Graham) ₹24.78 ₹33.21 ₹49.57 50
Economic Profit
Residual Income ₹35.88 ₹36.07 ₹33.59 61
ROIC Compounder ₹43.56 ₹49.35 ₹59.53 72
Growth Earnings
Growth-Adj P/E ₹45.68 ₹65.26 ₹84.84 68

Widest divergence: Multiples (₹74.28) versus Asset-Based (₹33.21). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

P/E ratio 10.3 as of Aug 26, 2026
P/S ratio 0.18 TTM
Net margin 1.7% TTM
Return on equity 7.1% TTM
Return on assets 4.6% TTM
Operating margin 4.4% TTM
More key figures
Profitability
EPS (TTM) ₹3.73
Growth
Revenue (TTM) ₹1.6B TTM
Revenue growth (YoY) +56.3% 3y avg +11.3%
EPS growth (YoY) +37.1%
Balance sheet & cash flow
Free cash flow −₹4.3M FY2026
Net debt ₹316M FY2026

Figures from reported company fundamentals · as of Aug 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 51 · Market factors (momentum, volatility) 33

Profitability 53
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 36
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 19
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

Rishi Techtex Limited manufactures and sells plastic woven sacks and shade nets in India and internationally. The company offers weed mats, crop covers, anti-hail nets, bird protection nets, windbreakers, and shade sails; geo-textile for ground stabilization, soil and earth reinforcement, pit linings for prevention of pollution, leakage of hazardous …

Full company description

Rishi Techtex Limited manufactures and sells plastic woven sacks and shade nets in India and internationally. The company offers weed mats, crop covers, anti-hail nets, bird protection nets, windbreakers, and shade sails; geo-textile for ground stabilization, soil and earth reinforcement, pit linings for prevention of pollution, leakage of hazardous chemicals, soil erosion including mountains, and large boulders and nature applications; and build-tech products, such as architectural membranes, scaffolding nets, awnings and canopies for car parking, hoardings and signages, and floor and wall coverings, comprising swimming pool covers and deck and patio covers for concrete reinforcement, facade foundations, interior construction, noise reduction, visual protection, and protection from sunlight and rains applications. It also provides fire retardant nets; laminated polypropylene and HDPE woven sacks for the packing of powdered and granulated industrial products, such as fertilizers, cement, plastic polymers, chemicals, bale coverings, tarpaulins, sugar, food grains, salt, and sand. The company serves its products to cement, fertilizer, and chemical petrochemical industries. The company was formerly known as Rishi Packers Limited. Rishi Techtex Limited was incorporated in 1984 and is based in Mumbai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

RISHI TECHTEX LTD. reported revenue of ₹1.5B in FY2026 versus ₹1.0B in FY2022, a compound +9.9%/yr. Reported net income was ₹25.0M in FY2026, compounding +17.3%/yr from FY2022.

Growth Quality 55/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹1.5B
Latest YoY
+17.0%
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.
+11.3%
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.
+12.7%
Avg. revenue growth/yr (7Y) 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.
+8.3%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year.
+8.0% (8.0 + 0.0)
Revenue +9.9%/yr
FY22 ₹1.0B
FY23 ₹1.1B
FY24 ₹1.1B
FY25 ₹1.3B
FY26 ₹1.5B
Net income +17.3%/yr
FY22 ₹13.2M
FY23 ₹11.1M
FY24 ₹13.5M
FY25 ₹23.0M
FY26 ₹25.0M

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Cite: Fair Value Calculator (2026). "RISHI TECHTEX LTD. Fair Value". https://www.fairvalue-calculator.com/stock/RISHITECH

Peer Group

Packaging & Containers · 276 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 52 · Below median
Fair Value upside +71% · Top 25%
Return on equity (TTM) 7% · Above median
Return on assets 5% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 56% · Top 25%
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/E (TTM) 10.3× · Cheaper than 75% of peers
P/B 0.77× · Cheaper than median
P/S (TTM) 0.17× · Cheaper than 75% of peers
EV/EBITDA 3.1× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 10
FUTURE100 · sector 1
PAST28 · sector 21
HEALTH95 · sector 93
DIVIDEND0 · sector 43

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 Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Aug 26, 2026).

Stock Price Fair Value vs Fair Value
Smurfit Westrock Plc, SW $49.25 $22.66 -54%
Packaging Corporation PKG $256.31 $122.63 -52%
International Paper Company IP $41.14 $21.44 -48%
Amcor plc AMCR $45.53 $18.79 -59%
Ball Corporation BALL $61.67 $36.57 -41%
Crown Holdings CCK $120.71 $118.59 -2%
Avery Dennison Corporation AVY $182.68 $113.05 -38%
CCL Industries Inc CCLA C$90.87 C$77.64 -15%
Stora Enso Oyj STEAV €9.74 €11.42 +17%
SIG Group SIGN CHF 13.66 CHF 8.32 -39%

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Frequently asked questions

Is RISHI TECHTEX LTD. (RISHITECH) overvalued or undervalued?
As of Aug 26, 2026, our model estimates a fair value of ₹65.26 versus a price of ₹38.25, about +71% (undervalued).
What is the fair value of RISHITECH?
Our model-based fair value for RISHI TECHTEX LTD. is ₹65.26 (as of Aug 26, 2026), built from audited fundamentals. The current price: ₹38.25.
What is the quality score of RISHITECH?
RISHI TECHTEX LTD. has a Quality Score of 52/100. 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 RISHI TECHTEX LTD. (RISHITECH)?
RISHI TECHTEX LTD. reported trailing-twelve-month revenue of about ₹1.5B (latest available figure, as of Aug 26, 2026).
What is the net profit margin of RISHITECH?
The net profit margin of RISHI TECHTEX LTD. is about 1.7%, meaning it keeps roughly 1.7% 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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