White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
SHRGLTR (SHRGLTR) currently trades at ₹68.79, while our model-based Fair Value estimate is ₹16.78, implying the stock looks roughly 310.0% overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹56.52 per share, and 0 of the 24 models we run sit above the ₹68.79 price.
Bear case: the Economic Profit group reads lowest at ₹11.53, and 24 of the 24 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹9.25 (bear) to ₹24.50 (bull), the price of ₹68.79 sits above 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 47/100 (below-average quality), in the Materials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
SHRGLTR reported revenue of ₹3.8B in FY2023 versus ₹146M in FY2019, a compound +126.0%/yr. Reported net income was ₹488M in FY2023.
Key figures
Market cap ₹25.6B (≈ $266M) · Net margin 12.8% · Return on assets (EBIT) 0.6% · Free cash flow ₹281M · Net debt ₹559M.
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 27% below its 52-week high and 68% above its 52-week low.
For context, the median of 10 Materials peers we cover trades at −26% fair-value upside, at −76%, SHRGLTR screens richer than that median.
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.
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
FCF DCF
₹12.95
₹20.25
₹43.51
68
EPV
₹9.92
₹11.53
₹12.95
68
Growth DCF
₹12.20
₹23.99
₹43.31
67
All 24 models by family
DCF Models
FCF DCF
₹12.95
₹20.25
₹43.51
68
Owner Earnings
₹6.72
₹15.00
₹32.40
63
5Y Revenue Exit
₹12.40
₹21.92
₹41.88
62
5Y EBITDA Exit
₹11.23
₹19.54
₹35.84
64
5Y P/E Exit
₹16.34
₹37.47
₹66.46
60
10Y Revenue Exit
₹12.30
₹28.15
₹38.67
59
10Y EBITDA Exit
₹11.94
₹25.62
₹49.27
57
10Y P/E Exit
₹15.67
₹36.64
₹71.59
53
Earnings-Based
Graham-Dodd
₹8.93
₹62.25
₹87.35
59
Lynch FV
₹32.16
₹45.94
₹59.72
57
PEG = 1.0
₹32.16
₹45.94
₹59.72
53
EPV
₹9.92
₹11.53
₹12.95
68
Multiples
P/E Multiple
₹16.74
₹22.31
₹27.89
63
P/S Multiple
₹11.52
₹15.36
₹19.20
58
P/B Multiple
₹16.74
₹22.31
₹27.89
55
EV/EBIT
₹13.75
₹18.26
₹22.77
63
EV/EBITDA
₹10.18
₹13.51
₹16.83
64
EV/Revenue
₹10.97
₹15.58
₹20.19
51
Asset-Based
NCAV (Graham)
₹14.85
₹19.90
₹29.70
51
Growth DCF
Growth DCF
₹12.20
₹23.99
₹43.31
67
Rev-Margin DCF
₹13.71
₹25.03
₹48.66
61
Economic Profit
Residual Income
₹22.40
₹22.38
₹20.68
66
ROIC Compounder
₹9.92
₹11.53
₹12.95
66
Growth Earnings
Growth-Adj P/E
₹39.56
₹56.52
₹73.48
63
Open the full fair value analysis →
Overall quality
47/100
Of which business quality 47
· Market factors (momentum, volatility) 32
Profitability
29
Margins and returns on capital today
Quality Growth
40
Are margins and returns improving?
Cashflow
43
Earnings quality: real cash, not paper profit
Fin. Strength
80
Balance sheet, leverage, solvency risk
Investment
20
Disciplined investing over empire-building
Low Volatility
14
Calm price path (market factor)
Momentum
43
Price trend over the last 3–12 months (market factor)
52W Momentum
35
Distance to the 52-week high (market factor)
Net Issuance
62
Share count: buybacks or dilution?
Open the full quality analysis →
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
10 more Steel stocks, each showing price versus our Fair Value estimate.
Pick a strategy and jump into the live analysis with that exact screen applied.
Is SHRGLTR overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of ₹16.78 versus a price of ₹68.79, about −76% upside (overvalued).
What is the fair value of SHRGLTR?
Our model-based fair value for SHRGLTR is ₹16.78 (as of Sep 13, 2026), built from audited fundamentals. The current price: ₹68.79.
What is the quality score of SHRGLTR?
SHRGLTR has a Quality Score of 47/100. 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 SHRGLTR?
Our model-based price target is the fair value of ₹16.78 (as of Sep 13, 2026) from 24 valuation models. Cautious scenario ₹9.25, optimistic scenario ₹24.50. It is a calculation from audited fundamentals, not an analyst target.
What is the SHRGLTR stock forecast for 2026?
Our models put fair value at ₹16.78, about −76% upside versus a price of ₹68.79 (overvalued). Cautious scenario ₹9.25, optimistic scenario ₹24.50. The calculation is refreshed regularly with new filings.
What growth is priced into SHRGLTR?
For today's price to be fair in a discounted-cash-flow model, SHRGLTR would have to grow free cash flow by more than 80 % per year for five years (discount rate 15.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +126.0 % per year. As of Sep 13, 2026.
What discount rate (WACC) does the fair value of SHRGLTR use?
Our models discount SHRGLTR at 15.4 %: a base by market capitalisation (micro), 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 SHRGLTR that is more than 80 % per year a year over ten years, using the same discount rate (15.4 %) and the same formula as our fair value.
How much growth has SHRGLTR delivered so far?
Over the past 4 years revenue at SHRGLTR grew +126.0 % a year. The price currently implies more than 80 % 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.
What is the free cash flow yield of SHRGLTR?
The free-cash-flow yield on the price is 0.32 %: that much free cash flow SHRGLTR produces per unit of market value. When it exceeds the discount rate of our models (15.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of SHRGLTR?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SHRGLTR it is ₹16.78 per share (as of Sep 13, 2026), against a price of ₹68.79. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is SHRGLTR stock overvalued or undervalued in 2026?
As of Sep 13, 2026, SHRGLTR trades above its calculated fair value: price ₹68.79, fair value ₹16.78, a gap of about −76% (overvalued). 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 SHRGLTR?
No. The price is what the market pays today (₹68.79); the fair value is what the company's own numbers justify (₹16.78). For SHRGLTR the two are ₹52.01 per share apart. That gap is exactly why we show both numbers side by side.
How much is SHRGLTR worth?
The market values SHRGLTR at about ₹25.6B (market capitalisation, as of Sep 13, 2026). Per share that is ₹68.79; our models calculate a fair value of ₹16.78 per share.
What do the bullish and bearish scenarios say about SHRGLTR?
Our models span a range for SHRGLTR: cautious scenario ₹9.25, base ₹16.78, optimistic ₹24.50 per share (as of Sep 13, 2026, price ₹68.79). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is SHRGLTR from its 52-week high?
SHRGLTR trades at ₹68.79, about 27% below its 52-week high of ₹94.44 and 68% above the low of ₹40.86 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of ₹16.78 is for.
Which stocks are comparable to SHRGLTR?
From the same area (Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel 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 SHRGLTR stock attractive at the current price?
The data as of Sep 13, 2026: price ₹68.79, calculated fair value ₹16.78 (−76%), Quality Score 47/100, from 24 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 SHRGLTR calculated?
We run SHRGLTR through 24 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 ₹16.78, 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 16.1 % above its aggregate fair value. SHRGLTR itself currently trades above fair value. 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 SHRGLTR?
The closing price on Sep 18, 2026 was ₹68.79. Our model-based fair value is ₹16.78, about −76% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SHRGLTR right now?
The price sits above even our optimistic bull case (₹24.50). The favourable scenario is already priced in. The model range is unusually wide (₹9.25 to ₹24.50). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of SHRGLTR
How large is the market capitalisation of SHRGLTR?
The market capitalisation of SHRGLTR is ₹25.6B (≈ $266M). 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 net margin of SHRGLTR?
The net margin of SHRGLTR is 12.8% (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 EBIT return on assets of SHRGLTR?
On an EBIT basis the return on assets of SHRGLTR is 0.6% (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.
How much net debt does SHRGLTR carry?
The net debt of SHRGLTR is ₹559M (fiscal year 2023, ≈ 2.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.