Garware Marine Industries Ltd Fair Value
GARWAMAR · Textiles · Current price ₹19.79
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹16 | 2% ROE fading to 12% over ~3 yrs, on ₹18 book |
| Relative P/E | ₹15 | EPS × 70.8 peer-median P/E |
| Graham floor | ₹9 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is Garware Marine Industries Ltd undervalued?
DocStoX estimates the fair value of Garware Marine Industries Ltd at ₹15 per share, versus the current market price of ₹20. That puts the stock about -26.1% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is medium.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹16), Relative P/E (₹15), Graham floor (₹9). 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 ₹9 (bear) to ₹15 (base) to ₹17 (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 Garware Marine 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.

