N R AGARWAL INDS LTD Fair Value
NRAIL · Forest Materials · Current price ₹501.55
| Method | Fair value | Status |
|---|---|---|
| Residual income | ₹312 | 5% ROE fading to 15% over ~10 yrs, on ₹476 book |
| Relative P/E | ₹427 | EPS × 16.6 peer-median P/E |
| Graham floor | ₹524 | Conservative floor: √(22.5 × EPS × book value/share) |
| Analyst target | — | No analyst coverage |
Is N R AGARWAL INDS LTD undervalued?
DocStoX estimates the fair value of N R AGARWAL INDS LTD at ₹390 per share, versus the current market price of ₹502. That puts the stock about -22.2% above our fair-value estimate, which we read as "Expensive". Our confidence in this estimate is medium.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹312), Relative P/E (₹427), Graham floor (₹524). 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 ₹312 (bear) to ₹390 (base) to ₹524 (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 N R AGARWAL INDS 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.

