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Sejal Glass Limited (SEJALLTD) Fair Value & Analysis

Industrials · IN · Market cap ₹8.6B

SG Sejal Glass Limited SEJALLTD · NSE
Price₹682.20
Fair Value₹444.72
Upside-34.8%
Quality30/100
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Expensive Growth
Thin margins · 7.3% net margin
Moderate debt · negative free cash flow
Trails peers (5/13)
Moderate moat 61/100
Evidence: High Range ₹298.60 – ₹751.10 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 4 days ago

Share price −6.5% over the past month.

Below-average quality, and screening another 35% overvalued on our models.

What matters now

  • Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (₹298.60 to ₹751.10) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹1,678 ₹14.30 Fair Value ₹444.72 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹14.30 – ₹1,678 · fair‑value band ₹298.60 – ₹751.10 · the ₹682.20 price screens above the ₹444.72 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Sejal Glass Limited (SEJALLTD) currently trades at ₹682.20, while our model-based Fair Value estimate is ₹444.72, implying the stock looks roughly 34.8% overvalued today. The Quality Score stands at 30/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Sejal Glass Limited generated revenue of ₹4.0B at a net margin of 7.3%. Revenue grew 69.5% year over year. It earns a return on equity of 30.5%. Net debt stands at ₹1.9B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹298.60 (bear case) to ₹751.10 (bull case); at ₹682.20, the current price sits within 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 34% below its 52-week high and 79% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -60% fair-value upside, at -35%, SEJALLTD 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
Residual Income ₹165.11 ₹235.65 ₹1,221 76
ROIC Compounder ₹360.01 ₹569.12 ₹715.69 72
Gordon GGM ₹3.47 ₹6.91 ₹10.46 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹171.45 ₹1,196 ₹1,678 54
Lynch FV ₹617.73 ₹882.47 ₹1,147 50
PEG = 1.0 ₹617.73 ₹882.47 ₹1,147 46
EPV ₹251.31 ₹303.56 ₹348.65 59
Dividend Discount
Gordon GGM ₹3.47 ₹6.91 ₹10.46 70
DDM Multi-Stage ₹3.47 ₹5.97 ₹7.29 61
Multiples
P/E Multiple ₹397.11 ₹529.48 ₹661.85 63
P/S Multiple ₹321.47 ₹428.63 ₹535.78 58
P/B Multiple ₹321.47 ₹428.63 ₹535.78 55
EV/EBIT ₹436.09 ₹608.00 ₹779.91 53
EV/EBITDA ₹446.08 ₹621.32 ₹796.56 54
EV/Revenue ₹288.45 ₹446.20 ₹603.96 43
Asset-Based
NCAV (Graham) ₹66.37 ₹88.93 ₹132.74 50
Economic Profit
Residual Income ₹165.11 ₹235.65 ₹1,221 76
ROIC Compounder ₹360.01 ₹569.12 ₹715.69 72
Growth Earnings
Growth-Adj P/E ₹807.99 ₹1,154 ₹1,501 68

Widest divergence: Growth Earnings (₹1,154) versus Dividend Discount (₹5.97). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹4.0B
Revenue growth (YoY) +69.5%
Net margin 7.3%
Return on equity 30.5%
Free cash flow −₹621M FY2026
P/E ratio 24.4
More key figures
Operating margin 12.6%
EPS (TTM) ₹27.14
EPS growth (YoY) +156%
Net debt ₹1.9B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 30/100

Of which business quality 31 · Market factors (momentum, volatility) 53

Profitability 51
Margins and returns on capital today
Quality Growth 56
Are margins and returns improving?
Cashflow 22
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 0
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.

About the company

Sejal Glass Limited manufactures and sells value added glass in India and internationally. It offers solid, kool, tone, fort, armor, decor, fireban, body tinted, and pyrolytic coated solar control glass. The company was formerly known as Sezal Glass Limited and changed its name to Sejal Glass Limited in March 2014.

Full company description

Sejal Glass Limited manufactures and sells value added glass in India and internationally. It offers solid, kool, tone, fort, armor, decor, fireban, body tinted, and pyrolytic coated solar control glass. The company was formerly known as Sezal Glass Limited and changed its name to Sejal Glass Limited in March 2014. Sejal Glass Limited was founded in 1991 and is based in Mumbai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sejal Glass Limited reported revenue of ₹4.0B in FY2026 versus ₹239M in FY2022, a compound +101.7%/yr. Reported net income was ₹287M in FY2026, compounding −33.5%/yr from FY2022.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹4.0B
Latest YoY
+62.8%
Avg. 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.
+104.4%
Avg. 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.
+108.7%
Avg. growth/yr (21Y) 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.
+14.2%
Revenue +101.7%/yr
FY22 ₹239M
FY23 ₹464M
FY24 ₹1.6B
FY25 ₹2.4B
FY26 ₹4.0B
Net income −33.5%/yr
FY22 ₹1.5B
FY23 ₹78.5M
FY24 ₹33.1M
FY25 ₹110M
FY26 ₹287M

SEJALLTD screens 35% overvalued. Compare with Trane Technologies plc →

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Cite: Fair Value Calculator (2026). "Sejal Glass Limited Fair Value". https://www.fairvalue-calculator.com/stock/SEJALLTD

Peer Group

Building Products & Equipment · 246 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 30 · Bottom 25%
Fair Value upside −35% · Below median
Return on equity (TTM) 30% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 13% · Top 25%
Revenue growth 70% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.70× · Higher than 75% of peers

Valuation Multiples vs Building Products & Equipment median · lower = cheaper

P/E (TTM) 24.4× · Pricier than median
P/B 5.70× · Pricier than 75% of peers
P/S (TTM) 2.18× · Pricier than 75% of peers
EV/EBITDA 16.2× · Pricier than median

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.

VALUE 0 · sector 0
FUTURE 100 · sector 11
PAST 100 · sector 23
HEALTH 65 · sector 94
DIVIDEND 1 · sector 41

VALUE 0: the price sits above our fair-value range.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Building Products & Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Trane Technologies plc TT $480.20 $208.50 -57%
Johnson Controls International plc JCI $152.79 $44.75 -71%
Carrier Global Corporation CARR $63.08 $16.85 -73%
Compagnie de Saint-Gobain S.A SGO €84.24 €97.97 +16%
PT Impack Pratama Industri Tbk, IMPC 1,405 IDR 179.76 IDR -87%
NIBE Industrier AB NIBEB kr 38.91 kr 25.37 -35%
Beijing New Building Materials Public Limited 000786 ¥18.73 ¥31.73 +69%
Moon Environment Technology Co 000811 ¥42.22 ¥11.94 -72%
The Supreme Industries Limited SUPREMEIND ₹3,460 ₹1,376 -60%
Aditya Infotech Limited CPPLUS ₹3,343 ₹763.08 -77%

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Frequently asked questions

Is Sejal Glass Limited (SEJALLTD) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹444.72 versus a price of ₹682.20, about −35% (overvalued).
What is the fair value of SEJALLTD?
Our model-based fair value for Sejal Glass Limited is ₹444.72 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹682.20.
What is the quality score of SEJALLTD?
Sejal Glass Limited has a Quality Score of 30/100. 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 Sejal Glass Limited (SEJALLTD)?
Sejal Glass Limited reported trailing-twelve-month revenue of about ₹4.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SEJALLTD?
The net profit margin of Sejal Glass Limited is about 7.3%, meaning it keeps roughly 7.3% 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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