EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Xpro India Limited (XPROINDIA) fair value: what the stock is really worth

As of Sep 22, 2026: fair value of Xpro India Limited ₹126, price ₹1,201, upside -89.5%, quality 27 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Basic Materials · IN · ISIN INE445C01015

XI Thin data Sep 23, 2026

Xpro India Limited

XPROINDIA · NSE

Structural break: The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.

Weakest SetupStrongly overvalued and low quality.

!Fair value ₹126.36 · Strongly overvalued (−89%)
!Quality 27/100
!Expensive Growth (revenue 5y +6.2 %/yr)
!Thin margins · 3.8% net margin (TTM)
!Low debt · negative free cash flow
·0.17% dividend yield
!Trails peers (1/13)
!Narrow moat 33/100
!Evidence only low, so the estimate is less certain
!Weak on past: 11 out of 100
!Weak on dividend: 3 out of 100

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

₹1,632 ₹86.97 Fair Value ₹126.36 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.

How to read this chart

60‑month range ₹86.97 – ₹1,632 · fair‑value band ₹88.45 – ₹141.21 · the ₹1,201 price screens above the ₹126.36 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. Dashed = 300-day average. As of Sep 23, 2026.

Follow Xpro India in your weekly email

Every Wednesday you see whether Xpro India is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Xpro India Limited processes and sells polymers primarily in India.

Show more

Xpro India Limited processes and sells polymers primarily in India. The company offers dielectric films for applications comprising power transmission and distribution, motor run, power film/electronic, magnetic lighting ballast, microwave oven, low voltage industrial power factor correction, AC and pulse film, interference suppression, and hybrid cars capacitors, as well as for energy storage applications. It also provides specialty cast coextruded films, including hygiene films for use as diaper backing films, in sanitary napkins, in surgical drapes; release films for use in rubber, tire and tread, and conveyor belting industries; soft blister films for medical disposals packaging; and stretch wrap films for use in pallet stretch wrap and food bundle overwraps. In addition, the company offers mono-layer and coextruded plastic sheets for use in refrigerator door and cabinet liners; luggage shells; automotive floorings, trims, and panels; disposable cups, as well as stationary containers for files and folders; and industrial thermoforming applications, such as furniture, packaging, and bathroom cabinets. Further, it provides thermoformed liners for use in refrigerator inner and door liners; automotive interior and exterior trims, dash boards, door panels, floor panels; furniture; luggage shells; sanitary products, bath-tubs, cabinets; electrical/electronic housings, tubelight panels, streetlamps and other light fittings; and industrial trays for material handling. The company was formerly known as Biax Films Limited and changed its name to Xpro India Limited in September 1998. Xpro India Limited was incorporated in 1997 and is based in New Delhi, India.

Stock analysis

Xpro India Limited (XPROINDIA) currently trades at ₹1,201, while our model-based Fair Value estimate is ₹126.36, implying the stock looks roughly 850.6% overvalued today.

Show more

Valuation

Bull case: the Asset-Based group reads highest at a median of ₹216.87 per share, and 0 of the 16 models we run sit above the ₹1,201 price.

Bear case: the Dividend Discount group reads lowest at ₹29.80, and 16 of the 16 models stay below the price. Evidence for this calculation is low.

Scenario range: ₹88.45 (bear) to ₹141.21 (bull), the price of ₹1,201 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 27/100 (below-average quality), in the Basic Materials sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Xpro India Limited reported revenue of ₹5.1B in FY2026 versus ₹4.7B in FY2022, a compound +1.7%/yr. Reported net income was ₹192M in FY2026, compounding −19.1%/yr from FY2022.

Key figures

Market cap ₹35.3B (≈ $367M) · P/E ratio 145.0 · P/S ratio 5.52 · EPS (TTM) ₹8.28 · Dividend yield 0.2% · Net margin 3.8% · Return on equity 2.8% · Return on assets (EBIT) 11.8%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).

What moves the price

The share trades about 21% 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 −48% fair-value upside, at −89%, XPROINDIA screens richer than that median.

Fair Value models

Bear ₹88.45 Fair Value ₹126.36 Bull ₹141.21
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 (₹3.05 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. 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
Residual Income ₹230.92 ₹221.08 ₹180.28 76
EPV ₹36.73 ₹53.39 ₹67.97 73
ROIC Compounder ₹36.73 ₹53.39 ₹67.97 72
All 16 models by family
Earnings-Based
Graham-Dodd ₹55.73 ₹172.92 ₹229.91 65
Lynch FV ₹37.52 ₹53.60 ₹69.67 61
PEG = 1.0 ₹37.52 ₹53.60 ₹69.67 57
EPV ₹36.73 ₹53.39 ₹67.97 73
Dividend Discount
Gordon GGM ₹18.04 ₹37.52 ₹59.51 66
DDM Multi-Stage ₹18.04 ₹29.80 ₹39.37 66
Multiples
P/E Multiple ₹104.49 ₹139.32 ₹174.15 63
P/S Multiple ₹104.49 ₹139.32 ₹174.15 58
P/B Multiple ₹104.49 ₹139.32 ₹174.15 55
EV/EBIT ₹95.24 ₹148.07 ₹200.90 65
EV/EBITDA ₹88.26 ₹138.77 ₹189.27 66
EV/Revenue ₹74.11 ₹132.98 ₹191.85 52
Asset-Based
NCAV (Graham) ₹161.84 ₹216.87 ₹323.69 54
Economic Profit
Residual Income ₹230.92 ₹221.08 ₹180.28 76
ROIC Compounder ₹36.73 ₹53.39 ₹67.97 72
Growth Earnings
Growth-Adj P/E ₹88.45 ₹126.36 ₹164.26 67

Open the full fair value analysis →

Notify me when XPROINDIA reaches fair value

Put XPROINDIA on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 27/100

Of which business quality 31 · Market factors (momentum, volatility) 49

Profitability 23
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 23
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 44
Distance to the 52-week high (market factor)
Net Issuance 39
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

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. 28/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−5.6%
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.
−0.4%
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.
+6.2%
Start year 2021 (pandemic). Over 10 years: +6.3% 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.
+8.0%
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.
+12.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.4%
Dividend (yield on the price)0.2%
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.8% → 7%

XPROINDIA screens 851% overvalued. Compare with Linde plc →

Compare Xpro India Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupHow 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.Specialty Chemicals · 707 stocks

Beats the industry median on 1/13 measures
Overall it trails its industry peers.
Valuation
Quality Score 27 · Bottom 25%
Fair Value upside −90% · Bottom 25%
Profitability
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 8% · Above median
Growth and dividend
Revenue growth −15% · Bottom 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Balance sheet
Debt / equity 0.32× · Above median

Valuation Multiplesvs Specialty Chemicals median · lower = cheaper

P/E (TTM) 145.0× · Priciest 25%
P/B 4.65× · Priciest 25%
P/S (TTM) 6.98× · Priciest 25%
EV/EBITDA 80.9× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)0 · sector 22
PAST (return on equity)11 · sector 23
HEALTH (low debt)84 · sector 95
DIVIDEND (yield)3 · sector 28

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Specialty Chemicals stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Linde plc LIN $464.91 $441.28 −5%
The Sherwin-Williams Company SHW $328.35 $148.97 −55%
Ecolab Inc ECL $276.22 $96.18 −65%
Air Products and Chemicals, Inc APD $287.86 $122.14 −58%
Givaudan SA GIVN CHF 3,464 CHF 1,523 −56%
Wanhua Chemical Group 600309 ¥70.66 ¥68.03 −4%
Sika AG SIKA CHF 188.90 CHF 98.89 −48%
Asian Paints Limited ASIANPAINT ₹2,449 ₹1,479 −40%
PPG Industries, Inc PPG $107.77 $77.06 −28%
DSM-Firmenich AG DSFIR CHF 91.50 CHF 29.27 −68%

Explore undervalued stocks

More undervalued Basic Materials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "Xpro India Limited Fair Value". https://www.fairvalue-calculator.com/stock/XPROINDIA

Frequently asked questions

Is Xpro India Limited (XPROINDIA) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of ₹126.36 versus a price of ₹1,201, about −89% upside (overvalued).
What is the fair value of XPROINDIA?
Our model-based fair value for Xpro India Limited is ₹126.36 (as of Sep 23, 2026), built from audited fundamentals. The current price: ₹1,201.
What is the quality score of XPROINDIA?
Xpro India Limited has a Quality Score of 27/100. 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 Xpro India Limited (XPROINDIA)?
Our model-based price target is the fair value of ₹126.36 (as of Sep 23, 2026) from 16 valuation models. Cautious scenario ₹88.45, optimistic scenario ₹141.21. It is a calculation from audited fundamentals, not an analyst target.
What is the Xpro India Limited stock forecast for 2026?
Our models put fair value at ₹126.36, about −89% upside versus a price of ₹1,201 (overvalued). Cautious scenario ₹88.45, optimistic scenario ₹141.21. The calculation is refreshed regularly with new filings.
What is the revenue of Xpro India Limited (XPROINDIA)?
Xpro India Limited reported trailing-twelve-month revenue of about ₹5.1B (latest available figure, as of Sep 23, 2026).
Does Xpro India Limited pay a dividend?
Xpro India Limited currently shows a dividend yield of about 0.17% relative to its recent price (as of Sep 23, 2026).
What is the intrinsic value of Xpro India Limited (XPROINDIA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Xpro India Limited it is ₹126.36 per share (as of Sep 23, 2026), against a price of ₹1,201. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Xpro India Limited stock overvalued or undervalued in 2026?
As of Sep 23, 2026, XPROINDIA trades above its calculated fair value: price ₹1,201, fair value ₹126.36, a gap of about −89% (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 XPROINDIA?
No. The price is what the market pays today (₹1,201); the fair value is what the company's own numbers justify (₹126.36). For Xpro India Limited the two are ₹1,075 per share apart. That gap is exactly why we show both numbers side by side.
How much is Xpro India Limited worth?
The market values Xpro India Limited at about ₹35.3B (market capitalisation, as of Sep 23, 2026). Per share that is ₹1,201; our models calculate a fair value of ₹126.36 per share.
What do the bullish and bearish scenarios say about XPROINDIA?
Our models span a range for Xpro India Limited: cautious scenario ₹88.45, base ₹126.36, optimistic ₹141.21 per share (as of Sep 23, 2026, price ₹1,201). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of XPROINDIA?
Xpro India Limited trades at a price-to-earnings ratio of 145.0 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹126.36 is built from several models across several years. Other multiples: P/B 4.7, P/S 7.0, EV/EBITDA 80.9.
How solid is the balance sheet of Xpro India Limited (XPROINDIA)?
Balance-sheet figures for Xpro India Limited (as of Sep 23, 2026): return on equity 2.8%, debt of 0.32 per unit of equity. They feed the Quality Score of 27/100, which measures business quality independently of the share price.
How far is XPROINDIA from its 52-week high?
Xpro India Limited trades at ₹1,201, about 21% below its 52-week high of ₹1,527 and 52% above the low of ₹788.05 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of ₹126.36 is for.
Which stocks are comparable to Xpro India Limited?
From the same area (Basic Materials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Air Products and Chemicals, Inc, 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 Xpro India Limited stock attractive at the current price?
The data as of Sep 23, 2026: price ₹1,201, calculated fair value ₹126.36 (−89%), Quality Score 27/100, from 16 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 XPROINDIA calculated?
We run Xpro India Limited through 16 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 ₹126.36, 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 14.1 % above its aggregate fair value. Xpro India 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 Xpro India Limited (XPROINDIA)?
The closing price on Sep 22, 2026 was ₹1,201. Our model-based fair value is ₹126.36, about −89% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Xpro India Limited right now?
The price sits above even our optimistic bull case (₹141.21). The favourable scenario is already priced in. Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Key figures of Xpro India Limited

How large is the market capitalisation of Xpro India Limited (XPROINDIA)?
The market capitalisation of Xpro India Limited is ₹35.3B (≈ $367M). 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 Xpro India Limited (XPROINDIA)?
The price-to-sales ratio of Xpro India Limited is 5.52 (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 Xpro India Limited (XPROINDIA)?
Earnings per share at Xpro India Limited are ₹8.28 (price ÷ EPS = P/E 145.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Xpro India Limited (XPROINDIA)?
The dividend yield of Xpro India Limited is 0.2% (payout 24.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Xpro India Limited (XPROINDIA)?
The net margin of Xpro India Limited is 3.8% (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 Xpro India Limited (XPROINDIA)?
The return on equity (ROE) of Xpro India Limited is 2.8% (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 Xpro India Limited (XPROINDIA)?
On an EBIT basis the return on assets of Xpro India Limited is 11.8% (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 Xpro India Limited (XPROINDIA)?
The operating margin of Xpro India Limited is 8.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Xpro India Limited (XPROINDIA)?
Revenue at Xpro India Limited is growing −15.1% versus a year earlier (3y avg −0.4%). 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 Xpro India Limited (XPROINDIA)?
Earnings per share at Xpro India Limited are growing +93.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Xpro India Limited (XPROINDIA) generate?
The free cash flow of Xpro India Limited is −₹1.1B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Xpro India Limited (XPROINDIA) carry?
The net debt of Xpro India Limited is ₹2.3B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch Xpro India Limited in the live analysis

One click puts Xpro India Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.