Narendra Properties Ltd Fair Value
NARPROP · Realty · Current price ₹38.55
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹48 | 2% ROE fading to 13% over ~3 yrs, on ₹55 book |
| Relative P/E | ₹43 | EPS × 20.3 peer-median P/E |
| Graham floor | ₹51 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is Narendra Properties Ltd undervalued?
DocStoX estimates the fair value of Narendra Properties Ltd at ₹47 per share, versus the current market price of ₹39. That puts the stock about +23.0% below our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is high.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹48), Relative P/E (₹43), Graham floor (₹51). 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 ₹40 (bear) to ₹47 (base) to ₹55 (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 Narendra Properties 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.

