Viyash Scientific Limited (VIYASH) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Viyash Scientific Limited ₹75.14, price ₹232, upside -67.6%, quality 38 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. As of Oct 1, 2026.
How to read this chart
9‑month range ₹179.89 – ₹294.15 · fair‑value band ₹42.36 – ₹93.92 · the ₹231.75 price screens above the ₹75.14 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Oct 1, 2026.
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Viyash Scientific Limited operates in the veterinary healthcare business in Europe, Asia, and internationally. The company provides finished dosage formulation in therapeutic areas, such as nutrition, pain management, parasite control, antibiotics, and gut health for livestock, poultry, and companion animals.
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Viyash Scientific Limited operates in the veterinary healthcare business in Europe, Asia, and internationally. The company provides finished dosage formulation in therapeutic areas, such as nutrition, pain management, parasite control, antibiotics, and gut health for livestock, poultry, and companion animals. It also offers analytical services; and VET formulation services. The company was formerly known as Sequent Scientific Limited and changed its name to Viyash Scientific Limited in January 2026. The company was incorporated in 1985 and is headquartered in Hyderabad, India. Viyash Scientific Limited operates as a subsidiary of CA Harbor Investments.
Stock analysis
Viyash Scientific Limited (VIYASH) currently trades at ₹231.75, while our model-based Fair Value estimate is ₹75.14, 67.6% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹118.03 per share, and 0 of the 24 models we run sit above the ₹231.75 price.
Bear case: the Asset-Based group reads lowest at ₹44.21, and 24 of the 24 models stay below the price. Evidence for this calculation is medium.
Scenario range: ₹42.36 (bear) to ₹93.92 (bull), the price of ₹231.75 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 38/100 (below-average quality), in the Healthcare sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Viyash Scientific Limited reported revenue of ₹34.2B in FY2026 versus ₹14.1B in FY2022, a compound +24.8%/yr. Reported net income was ₹1.8B in FY2026, compounding +44.2%/yr from FY2022.
Key figures
Market cap ₹102B (≈ $1.1B) · P/E ratio 48.5 · P/S ratio 2.51 · EPS (TTM) ₹4.78 · Net margin 5.2% · Return on equity 7.9% · Return on assets (EBIT) 8.8% · Operating margin 12.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
For context, the median of 10 Healthcare peers we cover trades at −19% fair-value upside, at −68%, VIYASH screens richer than that median.
Fair Value models
Bear ₹42.36Fair Value ₹75.14Bull ₹93.92
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. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹2.42 per share) are deliberately not added.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.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+120.5%
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.
+34.1%
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.
+20.4%
Start year 2021 (pandemic). Over 10 years: +19.0% a year
Revenue growth 20 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.
+26.2%
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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.
+7.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+7.1%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2026 ⓘ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.12% → 12%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
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).
+48.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+12.6%
Yearly sales growth analysts expect, extended to five years.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +42.6% a year for the price and +8.1% for the forecasts.
Compare Viyash Scientific 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.Drug Manufacturers - Specialty & Generic · 585 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score38 · Bottom 25%
Fair Value upside−67.6% · Bottom 25%
Profitability
Return on equity (TTM)7.9% · Above median
Return on assets7.6% · Top 25%
Net margin (TTM)7.5% · Above median
Operating margin (TTM)12.5% · Above median
Growth and dividend
Revenue growth114.4% · Top 25%
Balance sheet
Debt / equity0.10× · Above median
Valuation Multiplesvs Drug Manufacturers - Specialty & Generic median · lower = cheaper
P/E (TTM)48.5× · Priciest 25%
P/B3.52× · Priciest 25%
P/S (TTM)3.63× · Pricier than median
P/FCF79.4× · Priciest 25%
EV/EBITDA19.1× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 14
FUTURE (revenue growth)100· sector 24
PAST (return on equity)32· sector 28
HEALTH (low debt)95· sector 96
DIVIDEND (yield)0· sector 31
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Viyash Scientific Limited (VIYASH) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of ₹75.14 versus a price of ₹231.75, about −68% upside (overvalued).
What is the fair value of VIYASH?
Our model-based fair value for Viyash Scientific Limited is ₹75.14 (as of Oct 1, 2026), built from audited fundamentals. The current price: ₹231.75.
What is the quality score of VIYASH?
Viyash Scientific Limited has a Quality Score of 38/100. 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 Viyash Scientific Limited (VIYASH)?
Our model-based price target is the fair value of ₹75.14 (as of Oct 1, 2026) from 24 valuation models. Cautious scenario ₹42.36, optimistic scenario ₹93.92. It is a calculation from audited fundamentals, not an analyst target.
What is the Viyash Scientific Limited stock forecast for 2026?
Our models put fair value at ₹75.14, about −68% upside versus a price of ₹231.75 (overvalued). Cautious scenario ₹42.36, optimistic scenario ₹93.92. The calculation is refreshed regularly with new filings.
What is the revenue of Viyash Scientific Limited (VIYASH)?
Viyash Scientific Limited reported trailing-twelve-month revenue of about ₹35.8B (latest available figure, as of Oct 1, 2026).
What growth is priced into Viyash Scientific Limited (VIYASH)?
For today's price to be fair in a discounted-cash-flow model, Viyash Scientific Limited would have to grow free cash flow by +48.5 % per year for five years (discount rate 13.8 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +20.4 % per year. As of Oct 1, 2026.
What discount rate (WACC) does the fair value of VIYASH use?
Our models discount Viyash Scientific Limited at 13.8 %: a base by market capitalisation (small), damped by beta 0.98, 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 Viyash Scientific Limited that is +48.5 % per year a year over ten years, using the same discount rate (13.8 %) and the same formula as our fair value.
How much growth has Viyash Scientific Limited (VIYASH) delivered so far?
Over the past 5 years revenue at Viyash Scientific Limited grew +20.4 % a year. The price currently implies +48.5 % 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 Viyash Scientific Limited (VIYASH) growing?
The median revenue growth in the sector is +0.0 % a year. That is the yardstick for the growth priced into Viyash Scientific Limited (+48.5 % 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 Viyash Scientific Limited (VIYASH)?
The free-cash-flow yield on the price is 1.26 %: that much free cash flow Viyash Scientific Limited produces per unit of market value. When it exceeds the discount rate of our models (13.8 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Viyash Scientific Limited (VIYASH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Viyash Scientific Limited it is ₹75.14 per share (as of Oct 1, 2026), against a price of ₹231.75. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Viyash Scientific Limited stock overvalued or undervalued in 2026?
As of Oct 1, 2026, VIYASH trades above its calculated fair value: price ₹231.75, fair value ₹75.14, a gap of about −68% (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 VIYASH?
No. The price is what the market pays today (₹231.75); the fair value is what the company's own numbers justify (₹75.14). For Viyash Scientific Limited the two are ₹156.61 per share apart. That gap is exactly why we show both numbers side by side.
How much is Viyash Scientific Limited worth?
The market values Viyash Scientific Limited at about ₹102B (market capitalisation, as of Oct 1, 2026). Per share that is ₹231.75; our models calculate a fair value of ₹75.14 per share.
What do the bullish and bearish scenarios say about VIYASH?
Our models span a range for Viyash Scientific Limited: cautious scenario ₹42.36, base ₹75.14, optimistic ₹93.92 per share (as of Oct 1, 2026, price ₹231.75). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VIYASH?
Viyash Scientific Limited trades at a price-to-earnings ratio of 48.5 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹75.14 is built from several models across several years. Other multiples: P/B 3.5, P/S 3.6, EV/EBITDA 19.1.
How solid is the balance sheet of Viyash Scientific Limited (VIYASH)?
Balance-sheet figures for Viyash Scientific Limited (as of Oct 1, 2026): return on equity 7.9%, debt of 0.10 per unit of equity. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
Which stocks are comparable to Viyash Scientific Limited?
From the same area (Healthcare) we also value Merck KGaA, Takeda Pharmaceutical Company, Teva Pharmaceutical Industries Limited, Sun Pharmaceutical Industries 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 Viyash Scientific Limited stock attractive at the current price?
The data as of Oct 1, 2026: price ₹231.75, calculated fair value ₹75.14 (−68%), Quality Score 38/100, 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 VIYASH calculated?
We run Viyash Scientific Limited 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 ₹75.14, 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. Viyash Scientific Limited 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 Viyash Scientific Limited (VIYASH)?
The closing price on Oct 1, 2026 was ₹231.75. Our model-based fair value is ₹75.14, about −68% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Viyash Scientific Limited right now?
The price sits above even our optimistic bull case (₹93.92). The favourable scenario is already priced in. Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (₹42.36 to ₹93.92) leaves room in how you read the outcome.
Key figures of Viyash Scientific Limited
How large is the market capitalisation of Viyash Scientific Limited (VIYASH)?
The market capitalisation of Viyash Scientific Limited is ₹102B (≈ $1.1B). 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 Viyash Scientific Limited (VIYASH)?
The price-to-sales ratio of Viyash Scientific Limited is 2.51 (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 Viyash Scientific Limited (VIYASH)?
Earnings per share at Viyash Scientific Limited are ₹4.78 (price ÷ EPS = P/E 48.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Viyash Scientific Limited (VIYASH)?
The net margin of Viyash Scientific Limited is 5.2% (fiscal year 2026). 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 Viyash Scientific Limited (VIYASH)?
The return on equity (ROE) of Viyash Scientific Limited is 7.9% (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 Viyash Scientific Limited (VIYASH)?
On an EBIT basis the return on assets of Viyash Scientific Limited is 8.8% (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 Viyash Scientific Limited (VIYASH)?
The operating margin of Viyash Scientific Limited is 12.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Viyash Scientific Limited (VIYASH)?
Revenue at Viyash Scientific Limited is growing +114% versus a year earlier (3y avg +34.1%). 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 Viyash Scientific Limited (VIYASH)?
Earnings per share at Viyash Scientific Limited are growing +163% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Viyash Scientific Limited (VIYASH) carry?
The net debt of Viyash Scientific Limited is ₹2.2B (fiscal year 2026, ≈ 1.7 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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