HPL ELECTRIC & POWER LTD Fair Value
HPL · Capital Goods · Current price ₹300.25
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹151 | 10% ROE fading to 13% over ~3 yrs, on ₹156 book |
| Relative P/E | ₹767 | EPS × 54.2 peer-median P/E |
| Graham floor | ₹223 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | ₹380 | Street consensus 12-month target price |
Is HPL ELECTRIC & POWER LTD undervalued?
DocStoX estimates the fair value of HPL ELECTRIC & POWER LTD at ₹343 per share, versus the current market price of ₹300. That puts the stock about +14.4% 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 4 independent methods: Residual income (₹151), Relative P/E (₹767), Graham floor (₹223), Analyst target (₹380). 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 ₹151 (bear) to ₹343 (base) to ₹767 (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 HPL ELECTRIC & POWER 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.

