NARMADA GELATINES LTD. (SHAWGELTIN) Fair Value & Analysis
Basic Materials · IN · Market cap ₹3.1B
Fair value as of: Aug 13, 2026
From 26 valuation models · updated 6 days ago
Fair value updated Aug 13, 2026, revised from ₹831.75 to ₹517.03 (−37.8%) since Jul 6, 2026.
A solid business, currently priced close to our fair value.
What matters now
- The model range is unusually wide (₹309.00 to ₹898.76). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
Price vs Fair Value (5 years)
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 ₹104.45 – ₹541.65 · fair‑value band ₹309.00 – ₹898.76 · the ₹490.45 price screens below the ₹517.03 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
NARMADA GELATINES LTD. (SHAWGELTIN) currently trades at ₹490.45, while our model-based Fair Value estimate is ₹517.03, implying the stock looks roughly 5.4% fairly valued today. The Quality Score stands at 71/100 (solid quality), in the Basic Materials 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: high), always confirm before acting.
Over the trailing twelve months, NARMADA GELATINES LTD. generated revenue of ₹2.2B at a net margin of 14.6%. Revenue grew 24.0% year over year. It earns a return on equity of 23.7%. Net debt stands at ₹77.8M. Fundamentals as of Aug 13, 2026
Our scenario range runs from ₹309.00 (bear case) to ₹898.76 (bull case); at ₹490.45, 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 7% below its 52-week high and 52% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -68% fair-value upside, at 5%, SHAWGELTIN 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.
All 26 models by family
Widest divergence: Growth Earnings (₹840.39) versus Dividend Discount (₹150.58). Highest evidence: Growth DCF (80).
Notify me when SHAWGELTIN reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 68 · Market factors (momentum, volatility) 76
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
Narmada Gelatines Limited manufactures and sells gelatine and related products in India and internationally. The company's products include ossein and di-calcium phosphate. It serves food and beverage, pharmaceutical, photography, biomedical, personal care, and other technical industries. The company was formerly known as Shaw Wallace Gelatines Ltd.
Full company description
Narmada Gelatines Limited manufactures and sells gelatine and related products in India and internationally. The company's products include ossein and di-calcium phosphate. It serves food and beverage, pharmaceutical, photography, biomedical, personal care, and other technical industries. The company was formerly known as Shaw Wallace Gelatines Ltd. and changed its name to Narmada Gelatines Limited in 2002. Narmada Gelatines Limited was incorporated in 1961 and is based in Jabalpur, India.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
NARMADA GELATINES LTD. reported revenue of ₹2.2B in FY2026 versus ₹1.6B in FY2022, a compound +8.2%/yr. Reported net income was ₹315M in FY2026, compounding +26.4%/yr from FY2022.
Watch SHAWGELTIN: get an alert when its fair value changes →
Peer Group
Specialty Chemicals · 675 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.
Valuation Multiples vs Specialty Chemicals median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Linde plc LIN | $479.43 | $222.03 | -54% |
| Wanhua Chemical Group 600309 | ¥75.06 | ¥68.03 | -9% |
| Asian Paints Limited ASIANPAINT | ₹2,630 | ₹696.23 | -74% |
| Solar Industries India Limited SOLARINDS | ₹18,730 | ₹2,793 | -85% |
| Pidilite Industries Limited PIDILITIND | ₹1,702 | ₹351.84 | -79% |
| PT Chandra Asri Pacific Tbk TPIA | 2,160 IDR | 2,322 IDR | +8% |
| Berger Paints India Limited BERGEPAINT | ₹541.00 | ₹156.35 | -71% |
| Gujarat Fluorochemicals Limited FLUOROCHEM | ₹4,680 | ₹724.88 | -85% |
| Himadri Speciality Chemical Limited HSCL | ₹778.15 | ₹248.63 | -68% |
| Enaex S.A ENAEX | 25,050 CLP | 23,574 CLP | -6% |
Compare NARMADA GELATINES LTD. with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is NARMADA GELATINES LTD. (SHAWGELTIN) overvalued or undervalued?
What is the fair value of SHAWGELTIN?
What is the quality score of SHAWGELTIN?
What is the revenue of NARMADA GELATINES LTD. (SHAWGELTIN)?
What is the net profit margin of SHAWGELTIN?
Does NARMADA GELATINES LTD. pay a dividend?
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.
Track NARMADA GELATINES LTD. and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.