JTL INDUSTRIES LIMITED Intrinsic Value
JTLIND · Capital Goods · Current price ₹87.15
Is JTL INDUSTRIES LIMITED undervalued?
We estimate the fair value of JTL INDUSTRIES LIMITED at ₹80 per share, against a market price of ₹89. That puts the share price about -9.8% above our estimate, at medium confidence. This is our view of what the business is worth, not a target price or a forecast of where the share price will go.
How this fair value is calculated
This estimate comes from 1 method: Normalized earnings (mid-cycle EV/EBITDA) (₹80). Each is weighted by how well its inputs held up for this company. The full working, including the assumptions and what data was missing, is set out below.
The range around this estimate
Our estimate for JTL INDUSTRIES LIMITED spans ₹72 to ₹88. A margin of safety means buying meaningfully below the estimate: the wider the range, the more room the assumptions leave for error.
Margin of safety
Value investors look for a margin of safety: a discount to estimated value that absorbs being wrong. At ₹89 against an estimated value of ₹80, JTL INDUSTRIES LIMITED trades at -9.8%, i.e. a premium to our estimate. How much margin to demand depends on how much you trust the inputs, which is what the confidence band below is for.
How we got this fair value
Every number below is part of the same estimate for JTL INDUSTRIES LIMITED. Nothing here is a target price or a forecast of where the share price will go.
Workable, with real gaps. Weigh it alongside your own view rather than on its own.
Estimate range ₹72 – ₹88
Why this method for this business
Normalized earnings and EV/EBITDA are the most appropriate models for a cyclical capital goods business like JTL Industries, which is sensitive to macroeconomic cycles and requires a through-cycle valuation approach.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Cyclical valued off mid-cycle earnings and a through-cycle EV/EBITDA (§6.6)
required inputs missing
- relative_pe: Not suitable for a cyclical business where trailing P/E at a cycle peak is misleading
- normalized_earnings was already used, and EV/EBITDA is a complementary model for capital-intensive businesses
What was missing
- Lack of forward EPS data for precise normalization
- Limited analyst coverage for EV/EBITDA multiple validation
What drives it
8 inputs, grouped by how strong each claim is
- Revenue (TTM)
- 2,136 ₹ cr
- Net debt
- 244 ₹ cr
- Shares outstanding
- 38,26,08,696
computed
computed
computed
- EBITDA margin (cycle median)
- 7%
- Through-cycle EV/EBITDA
- 22.18×
computed (≤5y median)
own-history (median of 5y)
- Mid-cycle EBITDA
- 149.5 ₹ cr
- Enterprise value
- 3,316 ₹ cr
- Net debt basis
- gross (cash unavailable)
computed
computed
note: net debt approximated by gross debt (cash unavailable)
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for JTL INDUSTRIES LIMITED: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.
Estimated 15 Sept 2026. Re-run as new financials and news arrive.
How we value stocks
We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.
Read the full fair-value methodologyMore on JTL INDUSTRIES LIMITED
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.