HINDUSTAN ADHESIVES LTD. Fair Value
HINDADH · Capital Goods · Current price ₹372.9
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹241 | 17% ROE fading to 14% over ~10 yrs, on ₹213 book |
| Relative P/E | ₹645 | EPS × 22.2 peer-median P/E |
| Graham floor | ₹373 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is HINDUSTAN ADHESIVES LTD. undervalued?
DocStoX estimates the fair value of HINDUSTAN ADHESIVES LTD. at ₹375 per share, versus the current market price of ₹373. That puts the stock about +0.6% below our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹241), Relative P/E (₹645), Graham floor (₹373). 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 ₹241 (bear) to ₹375 (base) to ₹645 (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 HINDUSTAN ADHESIVES 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.

