Elegant Marbles and Grani Industries Ltd Fair Value

ELEMARB · Consumer Discretionary · Current price ₹175.65

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DocStoX fair value
₹318
medium confidence
Current price
₹176
Upside to fair value
+81.1%
Verdict
Buy
Quality score
4.5 / 10
Valuation methods
MethodFair valueStatus
Residual income₹3723% ROE fading to 12% over ~3 yrs, on ₹420 book
Relative P/E₹197EPS × 15.9 peer-median P/E
Graham floor₹342Conservative floor: √(22.5 × EPS × book value/share)
Analyst targetNo analyst coverage
Model it yourself — Margin of Safety Calculator
Opens pre-filled with Elegant Marbles and Grani Industries Ltd's latest numbers.

Is Elegant Marbles and Grani Industries Ltd undervalued?

DocStoX estimates the fair value of Elegant Marbles and Grani Industries Ltd at ₹318 per share, versus the current market price of ₹176. That puts the stock about +81.1% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is medium.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹372), Relative P/E (₹197), Graham floor (₹342). 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 ₹197 (bear) to ₹318 (base) to ₹372 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

More on Elegant Marbles and Grani Industries 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.