HAVELLS INDIA LIMITED Fair Value
HAVELLS · Consumer Durables · Current price ₹1,225
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹201 | 19% ROE fading to 12% over ~10 yrs, on ₹151 book |
| Relative P/E | ₹1,679 | EPS × 62.3 peer-median P/E |
| Graham floor | ₹303 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹1,383 | Street consensus 12-month target price |
Is HAVELLS INDIA LIMITED undervalued?
DocStoX estimates the fair value of HAVELLS INDIA LIMITED at ₹767 per share, versus the current market price of ₹1,225. That puts the stock about -37.4% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 4 independent methods: Residual income (₹201), Relative P/E (₹1,679), Graham floor (₹303), Analyst target (₹1,383). 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 ₹201 (bear) to ₹767 (base) to ₹1,679 (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 HAVELLS INDIA LIMITED
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.