INDEF MANUFACTURING LTD Valuation

BAJAJINDEF · Capital Goods · Current price ₹222.2

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DocStoX fair value
₹185
low confidence
Current price
₹222
Upside
-16.9%
P/E ratio
30.1x
P/B ratio
3.0x
Verdict
Expensive
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Is INDEF MANUFACTURING LTD undervalued?

DocStoX estimates the fair value of INDEF MANUFACTURING LTD at ₹185 per share, versus the current market price of ₹222. That puts the stock about -16.9% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹82), Relative P/E (₹427), Graham floor (₹118). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.

Bear, base and bull scenarios

Our scenarios span ₹82 (bear) to ₹185 (base) to ₹427 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

Valuation multiples

INDEF MANUFACTURING LTD trades at a P/E of 30.1x and a P/B of 3.0x, with a dividend yield of 0.9%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

More on INDEF MANUFACTURING LTD

DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.