EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

The Sandesh Limited (SANDESH) fair value: what the stock is really worth

As of Oct 1, 2026: fair value of The Sandesh Limited ₹1,174, price ₹990, upside +18.5%, quality 51 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? Yes
  3. Add to watchlist

Communication Services · IN · ISIN INE583B01015

TS Broad data Oct 2, 2026

The Sandesh Limited

SANDESH · NSE

UndervaluedThe stock appears undervalued with acceptable quality.

✓Fair value ₹1,174 · Undervalued (+18.5%)
!Quality 51/100
!Expensive Growth (revenue YoY +53.4 %/yr)
✓Solidly profitable · 12.2% net margin (TTM)
!negative free cash flow
✓Ranks above peers (8/12)
!Moderate moat 45/100
!Weak on past: 15 out of 100
!Weak on dividend: 5 out of 100

What runs behind every stock

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

Price vs Fair Value

₹1,961 ₹644.81 Fair Value ₹1,174 Jun 2021 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.

How to read this chart

60‑month range ₹644.81 – ₹1,961 · fair‑value band ₹782.19 – ₹1,174 · the ₹990.05 price screens below the ₹1,174 fair value. Dashed = 300-day average. As of Oct 2, 2026.

Follow The Sandesh in your weekly email

Every Wednesday you see whether The Sandesh 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.

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

Company profile

The Sandesh Limited, together with its subsidiary, Sandesh Digital Private Limited, engages in the editing, printing, and publishing of newspapers and periodicals in India. It operates in two segments, Media and Finance. The company publishes SANDESH, a Gujarati daily newspaper; and operates Sandesh News, a Gujarati news channel.

Show more

The Sandesh Limited, together with its subsidiary, Sandesh Digital Private Limited, engages in the editing, printing, and publishing of newspapers and periodicals in India. It operates in two segments, Media and Finance. The company publishes SANDESH, a Gujarati daily newspaper; and operates Sandesh News, a Gujarati news channel. It also provides news, videos, and advertisements on digital platforms; out-of-home media solutions; and finance services. In addition, the company sells real estate, waste papers, and scraps. The Sandesh Limited was founded in 1923 and is based in Ahmedabad, India.

Stock analysis

The Sandesh Limited (SANDESH) currently trades at ₹990.05, while our model-based Fair Value estimate is ₹1,174, implying the stock looks roughly 15.6% undervalued today.

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of ₹1,599 per share, and 11 of the 16 models we run sit above the ₹990.05 price.

Bear case: the Earnings-Based group reads lowest at ₹680.31, and 5 of the 16 models stay below the price. Evidence for this calculation is high.

Scenario range: ₹782.19 (bear) to ₹1,174 (bull), the price of ₹990.05 sits inside 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 51/100 (solid quality), in the Communication Services sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

The Sandesh Limited reported revenue of ₹4.4B in FY2026 versus ₹3.1B in FY2022, a compound +9.5%/yr. Reported net income was ₹658M in FY2026, compounding −7.5%/yr from FY2022.

Key figures

Market cap ₹7.5B (≈ $77.8M) · P/E ratio 7.0 · P/S ratio 1.05 · EPS (TTM) ₹141.70 · Dividend yield 0.3% · Net margin 15.0% · Return on equity 3.6% · Return on assets (EBIT) 6.7%.

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 17% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Communication Services peers we cover trades at 0% fair-value upside, at 19%, SANDESH screens cheaper than that median.

Fair Value models

Bear ₹782.19 Fair Value ₹1,174 Bull ₹1,174
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 (₹71.82 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.
Highest evidence
Residual Income ₹1,293 ₹1,236 ₹1,232 76
Owner Earnings ₹797.93 ₹1,035 ₹1,317 75
EPV ₹616.49 ₹680.31 ₹732.10 70
All 16 models by family
DCF Models
Owner Earnings ₹797.93 ₹1,035 ₹1,317 75
Earnings-Based
Graham-Dodd ₹591.50 ₹1,556 ₹2,032 65
PEG = 1.0 ₹298.36 ₹426.23 ₹554.10 57
EPV ₹616.49 ₹680.31 ₹732.10 70
Dividend Discount
Gordon GGM ₹17.41 ₹28.82 ₹37.86 68
DDM Multi-Stage ₹17.41 ₹24.51 ₹30.60 67
Multiples
P/E Multiple ₹1,435 ₹1,914 ₹2,392 63
P/S Multiple ₹1,109 ₹1,479 ₹1,848 58
P/B Multiple ₹1,109 ₹1,479 ₹1,848 55
EV/EBIT ₹1,449 ₹1,903 ₹2,358 63
EV/EBITDA ₹1,191 ₹1,560 ₹1,929 64
EV/Revenue ₹1,119 ₹1,562 ₹2,006 51
Asset-Based
NCAV (Graham) ₹942.91 ₹1,264 ₹1,886 51
Economic Profit
Residual Income ₹1,293 ₹1,236 ₹1,232 76
ROIC Compounder ₹616.49 ₹680.31 ₹732.10 70
Growth Earnings
Growth-Adj P/E ₹1,119 ₹1,599 ₹2,078 67

Open the full fair value analysis →

Notify me when SANDESH reaches fair value

Put SANDESH on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 51/100

Of which business quality 48 · Market factors (momentum, volatility) 50

Profitability 33
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 83
Balance sheet, leverage, solvency risk
Investment 64
Disciplined investing over empire-building
Low Volatility 81
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

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. 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
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. Basis: EBIT basis. 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.
+11.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+10.9%
Dividend (yield on the price)0.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−6.0% vs −1.0%, slowing
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.20% → 20%
Start year 2021 (pandemic)

Watch SANDESH, get fair value alerts →

Compare The Sandesh Limited with another stock

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

Free, no sign-up

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.Publishing · 102 stocks

Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 51 · Below median
Fair Value upside +18.5% · Above median
Profitability
Return on equity (TTM) 3.6% · Below median
Return on assets 2.2% · Below median
Net margin (TTM) 12.2% · Top 25%
Operating margin (TTM) 20.0% · Top 25%
Growth and dividend
Revenue growth 329.9% · Top 25%
Dividend yield (TTM) 0.3% · Bottom 25%

Valuation Multiplesvs Publishing median · lower = cheaper

P/E (TTM) 7.0× · Cheapest 25%
P/B 0.52× · Cheaper than median
P/S (TTM) 0.85× · Cheaper than median
EV/EBITDA 4.6× · Cheaper than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)58 · sector 49
FUTURE (revenue growth)100 · sector 0
PAST (return on equity)15 · sector 25
HEALTH (low debt)0 · sector 99
DIVIDEND (yield)5 · sector 59

Context: sector, industry, market

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 Publishing stocks, each showing price versus our Fair Value estimate.

Explore undervalued stocks

More undervalued Communication Services stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

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). "The Sandesh Limited Fair Value". https://www.fairvalue-calculator.com/stock/SANDESH

Frequently asked questions

Is The Sandesh Limited (SANDESH) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of ₹1,174 versus a price of ₹990.05, about +19% upside (undervalued).
What is the fair value of SANDESH?
Our model-based fair value for The Sandesh Limited is ₹1,174 (as of Oct 2, 2026), built from audited fundamentals. The current price: ₹990.05.
What is the quality score of SANDESH?
The Sandesh 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 price target for The Sandesh Limited (SANDESH)?
Our model-based price target is the fair value of ₹1,174 (as of Oct 2, 2026) from 16 valuation models. Cautious scenario ₹782.19, optimistic scenario ₹1,174. It is a calculation from audited fundamentals, not an analyst target.
What is the The Sandesh Limited stock forecast for 2026?
Our models put fair value at ₹1,174, about +19% upside versus a price of ₹990.05 (undervalued). Cautious scenario ₹782.19, optimistic scenario ₹1,174. The calculation is refreshed regularly with new filings.
What is the revenue of The Sandesh Limited (SANDESH)?
The Sandesh Limited reported trailing-twelve-month revenue of about ₹8.8B (latest available figure, as of Oct 2, 2026).
Does The Sandesh Limited pay a dividend?
The Sandesh Limited currently shows a dividend yield of about 0.25% relative to its recent price (as of Oct 2, 2026).
What is the intrinsic value of The Sandesh Limited (SANDESH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For The Sandesh Limited it is ₹1,174 per share (as of Oct 2, 2026), against a price of ₹990.05. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is The Sandesh Limited stock overvalued or undervalued in 2026?
As of Oct 2, 2026, SANDESH trades below its calculated fair value: price ₹990.05, fair value ₹1,174, a gap of about +19% (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 SANDESH?
No. The price is what the market pays today (₹990.05); the fair value is what the company's own numbers justify (₹1,174). For The Sandesh Limited the two are ₹183.53 per share apart. That gap is exactly why we show both numbers side by side.
How much is The Sandesh Limited worth?
The market values The Sandesh Limited at about ₹7.5B (market capitalisation, as of Oct 2, 2026). Per share that is ₹990.05; our models calculate a fair value of ₹1,174 per share.
What do the bullish and bearish scenarios say about SANDESH?
Our models span a range for The Sandesh Limited: cautious scenario ₹782.19, base ₹1,174, optimistic ₹1,174 per share (as of Oct 2, 2026, price ₹990.05). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SANDESH?
The Sandesh Limited trades at a price-to-earnings ratio of 7.0 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹1,174 is built from several models across several years. Other multiples: P/B 0.5, P/S 0.9, EV/EBITDA 4.6.
How solid is the balance sheet of The Sandesh Limited (SANDESH)?
Balance-sheet figures for The Sandesh Limited (as of Oct 2, 2026): return on equity 3.6%. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is SANDESH from its 52-week high?
The Sandesh Limited trades at ₹990.05, about 17% below its 52-week high of ₹1,196 and 20% above the low of ₹821.80 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹1,174 is for.
Which stocks are comparable to The Sandesh Limited?
From the same area (Communication Services) we also value The New York Times Company, Xinhua Winshare Publishing and Media Co, Jiangsu Phoenix Publishing & Media Corporation, China South Publishing & Media Group, 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 The Sandesh Limited stock attractive at the current price?
The data as of Oct 2, 2026: price ₹990.05, calculated fair value ₹1,174 (+19%), Quality Score 51/100, 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 SANDESH calculated?
We run The Sandesh Limited 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 ₹1,174, 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 14.5 % above its aggregate fair value. The Sandesh Limited currently trades 16 % 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 The Sandesh Limited (SANDESH)?
The closing price on Oct 1, 2026 was ₹990.05. Our model-based fair value is ₹1,174, about +19% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with The Sandesh Limited right now?
The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of The Sandesh Limited (SANDESH) come from?
Earnings per share at The Sandesh Limited grew +5.2 % a year from 2015 to 2026. Broken into its drivers: revenue per share −0.3 %, EBIT margin +0.5 %, tax rate +1.8 %, residual (interest, one-offs) +3.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of The Sandesh Limited

How large is the market capitalisation of The Sandesh Limited (SANDESH)?
The market capitalisation of The Sandesh Limited is ₹7.5B (≈ $77.8M). 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 The Sandesh Limited (SANDESH)?
The price-to-sales ratio of The Sandesh Limited is 1.05 (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 The Sandesh Limited (SANDESH)?
Earnings per share at The Sandesh Limited are ₹141.70 (price ÷ EPS = P/E 7.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of The Sandesh Limited (SANDESH)?
The dividend yield of The Sandesh Limited is 0.3% (payout 1.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of The Sandesh Limited (SANDESH)?
The net margin of The Sandesh Limited is 15.0% (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 The Sandesh Limited (SANDESH)?
The return on equity (ROE) of The Sandesh Limited is 3.6% (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 The Sandesh Limited (SANDESH)?
On an EBIT basis the return on assets of The Sandesh Limited is 6.7% (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 The Sandesh Limited (SANDESH)?
The operating margin of The Sandesh Limited is 20.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at The Sandesh Limited (SANDESH)?
Revenue at The Sandesh Limited is growing +330% versus a year earlier (3y avg +10.7%). 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 The Sandesh Limited (SANDESH)?
Earnings per share at The Sandesh Limited are growing +71.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does The Sandesh Limited (SANDESH) generate?
The free cash flow of The Sandesh Limited is −₹1.3B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does The Sandesh Limited (SANDESH) hold?
The Sandesh Limited holds more cash than debt, ₹641M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
Free · no account needed

Watch The Sandesh Limited in the live analysis

One click puts The Sandesh Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.