Central Mine Planning & Design Institute Limited Intrinsic Value
CMPDI · Services · Current price ₹205.4
Is Central Mine Planning & Design Institute Limited undervalued?
We estimate the fair value of Central Mine Planning & Design Institute Limited at ₹79 per share, against a market price of ₹215. That puts the share price about -63.3% above our estimate, at medium confidence. This is our view of what the business is worth, not a target price or a forecast of where the share price will go.
How this fair value is calculated
This estimate comes from 1 method: Discounted cash flow (2-stage) (₹79). Each is weighted by how well its inputs held up for this company. The full working, including the assumptions and what data was missing, is set out below.
The range around this estimate
Our estimate for Central Mine Planning & Design Institute Limited spans ₹71 to ₹87. A margin of safety means buying meaningfully below the estimate: the wider the range, the more room the assumptions leave for error.
Margin of safety
Value investors look for a margin of safety: a discount to estimated value that absorbs being wrong. At ₹215 against an estimated value of ₹79, Central Mine Planning & Design Institute Limited trades at -63.3%, i.e. a premium to our estimate. How much margin to demand depends on how much you trust the inputs, which is what the confidence band below is for.
How we got this fair value
Every number below is part of the same estimate for Central Mine Planning & Design Institute Limited. Nothing here is a target price or a forecast of where the share price will go.
Workable, with real gaps. Weigh it alongside your own view rather than on its own.
Estimate range ₹71 – ₹87
Why this method for this business
CMPDI is a capital-intensive, asset-light consultancy firm with durable earnings power and a strong moat. DCF and EV/EBITDA are the most appropriate models for valuing its earnings and capital structure.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Intrinsic value from 2-stage discounted cash flows (primary for asset-light / normal businesses); FCFE path
required inputs missing
- Relative PE is not used due to lack of reliable sector multiples and historical data
- FCF-based models are not used due to lack of forward estimates
What was missing
- Lack of forward estimates limits the use of forward-looking models
- Limited historical P/E data for sector normalization
What drives it
12 inputs, grouped by how strong each claim is
- FCF_0 (normalized)
- 356 ₹cr
- Net debt
- 1 ₹cr
fcf_norm (median ≤5y positive)
gross debt (cash n/a)
- Discount rate (r)
- 15.53%
- Beta
- 1.15
COE (building-block)
bottom-up industry
- Stage-1 start growth
- 14.1%
- Fade shape
- linear
- Terminal growth (g)
- 5.5%
- Stage-1 years
- 14 y
pat_cagr_5y
lifecycle Growth
macro terminal × quality premium
lifecycle Growth horizon
- Lifecycle stage
- Growth
- Quality premium
- 1.1×
forecast engine (L20)
moat Wide + capital allocation
- Path
- FCFE
- Terminal-value fraction
- 0.323
computed (D/E vs 0.8)
PV_TV / (PV_1+PV_TV)
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for Central Mine Planning & Design Institute Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 14 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyMore on Central Mine Planning & Design Institute Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

