Setubandhan Infrastructure Limited (SETUINFRA) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Setubandhan Infrastructure Limited ₹0.57, price ₹0.51, upside +11.8%, quality 51 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range ₹0.3800 – ₹4.05 · fair‑value band ₹0.4600 – ₹0.6600 · the ₹0.5100 price screens below the ₹0.5700 fair value. Dashed = 300-day average. As of Sep 27, 2026.
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Setubandhan Infrastructure Limited does not have significant operations.
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Setubandhan Infrastructure Limited does not have significant operations. Previously, it was engaged in the development of real estate properties; and construction of government and industrial buildings, quarters, roads, bridges, airports, godowns, hospitals, residential and commercial complexes, townships, health care centres, and institutional campuses for private bodies, and government and semi-government authorities. The company was formerly known as Prakash Constrowell Limited and changed its name to Setubandhan Infrastructure Limited in June 2019. Setubandhan Infrastructure Limited was founded in 1978 and is based in Nashik, India.
Stock analysis
Setubandhan Infrastructure Limited (SETUINFRA) currently trades at ₹0.5100, while our model-based Fair Value estimate is ₹0.5700, implying the stock looks roughly 10.5% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ₹2.64 per share, and 11 of the 18 models we run sit above the ₹0.5100 price.
Bear case: the Earnings-Based group reads lowest at ₹0.0600, and 7 of the 18 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹0.4600 (bear) to ₹0.6600 (bull), the price of ₹0.5100 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 Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Setubandhan Infrastructure Limited reported revenue of ₹700M in FY2023 versus ₹2.6B in FY2019, a compound −27.9%/yr. Reported net income was ₹913K in FY2023, compounding −8.6%/yr from FY2019.
Key figures
Market cap ₹64.1M (≈ $666K) · P/E ratio 49.7 · P/S ratio 0.06 · EPS (TTM) ₹0.0100 · Net margin 0.1% · Return on equity 0.2% · Return on assets (EBIT) −7.0% · Operating margin 6.0%.
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 24% below its 52-week high and 34% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −34% fair-value upside, at 12%, SETUINFRA screens cheaper than that median.
Fair Value models
Bear ₹0.4600Fair Value ₹0.5700Bull ₹0.6600
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.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.
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.33/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−36.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−23.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−24.4%
Revenue growth 15 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+6.7%
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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.
−58.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−58.1%
Dividend (yield on the price)0.0%
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.−58.1% vs −35.8%, slowing
Profit margin 2018 to 2023 ⓘ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.5% → 1%
⚠ Revenue per share shrinking 11.0%/yr over ~10Y (margins eroding too) ⓘ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).
+32.0%
Yearly growth needed for the next five years to justify today's price.
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 +26.8% a year for the price.
Compare Setubandhan Infrastructure Limited with another stock
Price, fair value, quality and upside side by side.
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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.Engineering & Construction · 785 stocks
Beats the industry median on 4/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside+11.8% · Above median
Profitability
Return on equity (TTM)0.2% · Bottom 25%
Return on assets0.2% · Bottom 25%
Net margin (TTM)2.5% · Below median
Operating margin (TTM)6.0% · Above median
Growth and dividend
Revenue growth148.1% · Top 25%
Balance sheet
Debt / equity0.15× · Above median
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
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Is Setubandhan Infrastructure Limited (SETUINFRA) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of ₹0.5700 versus a price of ₹0.5100, about +12% upside (undervalued).
What is the fair value of SETUINFRA?
Our model-based fair value for Setubandhan Infrastructure Limited is ₹0.5700 (as of Sep 27, 2026), built from audited fundamentals. The current price: ₹0.5100.
What is the quality score of SETUINFRA?
Setubandhan Infrastructure 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 Setubandhan Infrastructure Limited (SETUINFRA)?
Our model-based price target is the fair value of ₹0.5700 (as of Sep 27, 2026) from 19 valuation models. Cautious scenario ₹0.4600, optimistic scenario ₹0.6600. It is a calculation from audited fundamentals, not an analyst target.
What is the Setubandhan Infrastructure Limited stock forecast for 2026?
Our models put fair value at ₹0.5700, about +12% upside versus a price of ₹0.5100 (undervalued). Cautious scenario ₹0.4600, optimistic scenario ₹0.6600. The calculation is refreshed regularly with new filings.
What growth is priced into Setubandhan Infrastructure Limited (SETUINFRA)?
For today's price to be fair in a discounted-cash-flow model, Setubandhan Infrastructure Limited would have to grow free cash flow by +32.0 % per year for five years (discount rate 14.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -24.4 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of SETUINFRA use?
Our models discount Setubandhan Infrastructure Limited at 14.9 %: a base by market capitalisation (nano), damped by beta 2.98, 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 Setubandhan Infrastructure Limited that is +32.0 % per year a year over ten years, using the same discount rate (14.9 %) and the same formula as our fair value.
How much growth has Setubandhan Infrastructure Limited (SETUINFRA) delivered so far?
Over the past 5 years revenue at Setubandhan Infrastructure Limited grew -24.4 % a year. The price currently implies +32.0 % 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.
How fast is the sector of Setubandhan Infrastructure Limited (SETUINFRA) growing?
The median revenue growth in the sector is +6.8 % a year. That is the yardstick for the growth priced into Setubandhan Infrastructure Limited (+32.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Setubandhan Infrastructure Limited (SETUINFRA)?
The free-cash-flow yield on the price is 39.13 %: that much free cash flow Setubandhan Infrastructure Limited produces per unit of market value. When it exceeds the discount rate of our models (14.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Setubandhan Infrastructure Limited (SETUINFRA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Setubandhan Infrastructure Limited it is ₹0.5700 per share (as of Sep 27, 2026), against a price of ₹0.5100. It is the blended result of 19 valuation models (cash flow, earnings, asset, dividend).
Is Setubandhan Infrastructure Limited stock overvalued or undervalued in 2026?
As of Sep 27, 2026, SETUINFRA trades below its calculated fair value: price ₹0.5100, fair value ₹0.5700, a gap of about +12% (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 SETUINFRA?
No. The price is what the market pays today (₹0.5100); the fair value is what the company's own numbers justify (₹0.5700). For Setubandhan Infrastructure Limited the two are ₹0.0600 per share apart. That gap is exactly why we show both numbers side by side.
How much is Setubandhan Infrastructure Limited worth?
The market values Setubandhan Infrastructure Limited at about ₹64.1M (market capitalisation, as of Sep 27, 2026). Per share that is ₹0.5100; our models calculate a fair value of ₹0.5700 per share.
What do the bullish and bearish scenarios say about SETUINFRA?
Our models span a range for Setubandhan Infrastructure Limited: cautious scenario ₹0.4600, base ₹0.5700, optimistic ₹0.6600 per share (as of Sep 27, 2026, price ₹0.5100). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SETUINFRA?
Setubandhan Infrastructure Limited trades at a price-to-earnings ratio of 49.7 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹0.5700 is built from several models across several years.
How solid is the balance sheet of Setubandhan Infrastructure Limited (SETUINFRA)?
Balance-sheet figures for Setubandhan Infrastructure Limited (as of Sep 27, 2026): return on equity 0.2%, debt of 0.15 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is SETUINFRA from its 52-week high?
Setubandhan Infrastructure Limited trades at ₹0.5100, about 24% below its 52-week high of ₹0.6700 and 34% above the low of ₹0.3800 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹0.5700 is for.
Which stocks are comparable to Setubandhan Infrastructure Limited?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Comfort Systems USA, Inc, Larsen & Toubro Limited, 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 Setubandhan Infrastructure Limited stock attractive at the current price?
The data as of Sep 27, 2026: price ₹0.5100, calculated fair value ₹0.5700 (+12%), Quality Score 51/100, from 19 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 SETUINFRA calculated?
We run Setubandhan Infrastructure Limited through 19 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 ₹0.5700, 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. Setubandhan Infrastructure Limited currently trades 11 % 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 Setubandhan Infrastructure Limited (SETUINFRA)?
The closing price on Oct 1, 2026 was ₹0.5100. Our model-based fair value is ₹0.5700, about +12% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Setubandhan Infrastructure Limited right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Setubandhan Infrastructure Limited
How large is the market capitalisation of Setubandhan Infrastructure Limited (SETUINFRA)?
The market capitalisation of Setubandhan Infrastructure Limited is ₹64.1M (≈ $666K). 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 Setubandhan Infrastructure Limited (SETUINFRA)?
The price-to-sales ratio of Setubandhan Infrastructure Limited is 0.06 (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 Setubandhan Infrastructure Limited (SETUINFRA)?
Earnings per share at Setubandhan Infrastructure Limited are ₹0.0100 (price ÷ EPS = P/E 49.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Setubandhan Infrastructure Limited (SETUINFRA)?
The net margin of Setubandhan Infrastructure Limited is 0.1% (fiscal year 2023). 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 Setubandhan Infrastructure Limited (SETUINFRA)?
The return on equity (ROE) of Setubandhan Infrastructure Limited is 0.2% (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 Setubandhan Infrastructure Limited (SETUINFRA)?
On an EBIT basis the return on assets of Setubandhan Infrastructure Limited is −7.0% (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 Setubandhan Infrastructure Limited (SETUINFRA)?
The operating margin of Setubandhan Infrastructure Limited is 6.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Setubandhan Infrastructure Limited (SETUINFRA)?
Revenue at Setubandhan Infrastructure Limited is growing +148% versus a year earlier (3y avg −23.2%). 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 Setubandhan Infrastructure Limited (SETUINFRA)?
Earnings per share at Setubandhan Infrastructure Limited are growing +267% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Setubandhan Infrastructure Limited (SETUINFRA) carry?
The net debt of Setubandhan Infrastructure Limited is ₹782M (fiscal year 2023, ≈ 31.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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