HMA AGRO INDUSTRIES LTD Fair Value
HMAAGRO · Fast Moving Consumer Goods · Current price ₹20.97
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹32 | 19% ROE fading to 13% over ~20 yrs, on ₹19 book |
| Relative P/E | ₹153 | EPS × 46.5 peer-median P/E |
| Graham floor | ₹37 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is HMA AGRO INDUSTRIES LTD undervalued?
DocStoX estimates the fair value of HMA AGRO INDUSTRIES LTD at ₹67 per share, versus the current market price of ₹21. That puts the stock about +218.6% below our fair-value estimate, which we read as "Strong Buy". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹32), Relative P/E (₹153), Graham floor (₹37). 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 ₹32 (bear) to ₹67 (base) to ₹153 (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 HMA AGRO 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.

