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Vishwaraj Sugar Industries Limited (VISHWARAJ) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹1.2B

VS Vishwaraj Sugar Industries Limited VISHWARAJ · NSE
Price₹5.37
Fair Value₹7.78
Upside+44.9%
Quality27/100
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Evidence: Low Range ₹5.81 – ₹11.61

Fair value as of: Jul 3, 2026

From 1 valuation models · updated today

Share price −6.6% over the past month.

Price vs Fair Value (12 months)

₹9.90 ₹4.18 Fair Value ₹7.78 Jul 2025 Jul 2026

12‑month range ₹4.18 – ₹9.90 · fair‑value band ₹5.81 – ₹11.61 · the ₹5.37 price screens below the ₹7.78 fair value. As of Jul 3, 2026.

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Analysis

Vishwaraj Sugar Industries Limited (VISHWARAJ) currently trades at ₹5.37, while our model-based Fair Value estimate is ₹7.78 — implying the stock looks roughly 44.9% undervalued today. We read business quality at 27/100 (below-average quality), in the Consumer Defensive 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: low) — always confirm before acting.

Over the trailing twelve months, Vishwaraj Sugar Industries Limited generated revenue of ₹3.8B at a net margin of -7.5%. Revenue declined 33.4% year over year. It earns a return on equity of -10.6%. Net debt stands at ₹4.2B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹3.8B
Revenue growth (YoY) -33.4%
Net margin -7.5%
Return on equity -10.6%
Free cash flow −₹359M FY2026
Operating margin 1.5%
More key figures
EPS (TTM) ₹-1.26
EPS growth (YoY) +537%
Net debt ₹4.2B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Vishwaraj Sugar Industries Limited manufactures and sells sugar and other related products in India. It operates through five segments: Sugar, Co-Generation, Distillery, IML, and Vinegar Unit. The company also produces distillery products, including ethanol, and rectified and extra-neutral spirits; and bagasse, molasses, brewed vinegar, compost, press-mud, and carbon dioxide. In addition, the company is involved in the co-generation of electricity / power related businesses. The company was formerly known as Vishwanath Sugar and Steel Industries Limited and changed its name to Vishwaraj Sugar Industries Limited in November 2012. Vishwaraj Sugar Industries Limited was incorporated in 1995 and is based in Belgaum, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Vishwaraj Sugar Industries Limited reported revenue of ₹3.8B in FY2026 versus ₹4.7B in FY2022, a compound −5.2%/yr. Reported net income was −₹282M in FY2026.

Revenue −5.2%/yr
FY22 ₹4.7B
FY23 ₹6.2B
FY24 ₹5.5B
FY25 ₹4.5B
FY26 ₹3.8B
Net income
FY22 ₹602M
FY23 −₹234M
FY24 ₹145M
FY25 −₹370M
FY26 −₹282M

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Frequently asked questions

Is Vishwaraj Sugar Industries Limited (VISHWARAJ) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹7.78 versus a price of ₹5.37 — about +45% (undervalued). Model-based estimate, not financial advice.
What is the fair value of VISHWARAJ?
Our model-based fair value for Vishwaraj Sugar Industries Limited is ₹7.78 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹5.37.
What is the quality score of VISHWARAJ?
Vishwaraj Sugar Industries Limited has a Quality Score of 27/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Vishwaraj Sugar Industries Limited (VISHWARAJ)?
Vishwaraj Sugar Industries Limited reported trailing-twelve-month revenue of about ₹3.8B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of VISHWARAJ?
The net profit margin of Vishwaraj Sugar Industries Limited is about -7.5%, meaning it is currently running at a net loss. 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.

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