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Narmada Gelatines Limited (SHAWGELTIN) Fair Value & Analysis

Basic Materials · IN · Market cap ₹3.1B

NG Narmada Gelatines Limited SHAWGELTIN · BSE
Price₹505.15
Fair Value₹831.75
Upside+64.7%
Quality74/100
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Evidence: High Range ₹471.16 – ₹1,106

Fair value as of: Jul 6, 2026

From 26 valuation models · updated today

Share price +0.1% over the past month.

Price vs Fair Value (12 months)

₹509.95 ₹329.42 Fair Value ₹831.75 Jul 2025 Jul 2026

12‑month range ₹329.42 – ₹509.95 · fair‑value band ₹471.16 – ₹1,106 · the ₹505.15 price screens below the ₹831.75 fair value. As of Jul 6, 2026.

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Analysis

Narmada Gelatines Limited (SHAWGELTIN) currently trades at ₹505.15, while our model-based Fair Value estimate is ₹831.75 — implying the stock looks roughly 64.7% undervalued today. We read business quality at 74/100 (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 Limited 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 Jul 6, 2026

Our scenario range runs from ₹471.16 (bear case) to ₹1,106 (bull case); at ₹505.15, the current price sits within that range. The share trades about 5% below its 52-week high and 57% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -66% fair-value upside — at 65%, SHAWGELTIN screens cheaper than that median.

Key figures & financial health

Revenue (TTM) ₹2.2B
Revenue growth (YoY) +24.0%
Net margin 14.6%
Return on equity 23.7%
Free cash flow ₹148M FY2026
P/E ratio 9.7
More key figures
Operating margin 20.8%
EPS (TTM) ₹52.03
Dividend yield 2.2%
EPS growth (YoY) +76.5%
Net debt ₹77.8M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 6, 2026. TTM = trailing twelve months.

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. and changed its name to Narmada Gelatines Limited in 2002. Narmada Gelatines Limited was incorporated in 1961 and is based in Jabalpur, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Narmada Gelatines Limited 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.

Revenue +8.2%/yr
FY22 ₹1.6B
FY23 ₹1.9B
FY24 ₹1.8B
FY25 ₹1.9B
FY26 ₹2.2B
Net income +26.4%/yr
FY22 ₹123M
FY23 ₹153M
FY24 ₹153M
FY25 ₹180M
FY26 ₹315M

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Cite: Fair Value Calculator (2026). "Narmada Gelatines Limited Fair Value". https://www.fairvalue-calculator.com/stock/SHAWGELTIN

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Frequently asked questions

Is Narmada Gelatines Limited (SHAWGELTIN) undervalued?
As of Jul 6, 2026, our model estimates a fair value of ₹831.75 versus a price of ₹505.15 — about +65% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SHAWGELTIN?
Our model-based fair value for Narmada Gelatines Limited is ₹831.75 (as of Jul 6, 2026), built from audited fundamentals. The current price is ₹505.15.
What is the quality score of SHAWGELTIN?
Narmada Gelatines Limited has a Quality Score of 74/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Narmada Gelatines Limited (SHAWGELTIN)?
Narmada Gelatines Limited reported trailing-twelve-month revenue of about ₹2.2B (latest available figure, as of Jul 6, 2026).
What is the net profit margin of SHAWGELTIN?
The net profit margin of Narmada Gelatines Limited is about 14.6%, meaning it keeps roughly 14.6% of revenue as net income. Based on the latest reported figures.
Does Narmada Gelatines Limited pay a dividend?
Narmada Gelatines Limited currently shows a dividend yield of about 2.20% relative to its recent price (as of Jul 6, 2026).

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.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.