Rajesh Exports Ltd Valuation
RAJESHEXPO · Consumer Durables · Current price ₹223.97
Is Rajesh Exports Ltd undervalued?
We estimate the fair value of Rajesh Exports Ltd at ₹49 per share, against a market price of ₹224. That puts the share price about -78.1% above our estimate, at low 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: Discounted cash flow (2-stage) (₹49). 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 Rajesh Exports Ltd spans ₹44 to ₹54. That range is wide, which is the honest signal here: read the range rather than the single number. A margin of safety means buying meaningfully below the estimate: the wider the range, the more room the assumptions leave for error.
Valuation multiples
Rajesh Exports Ltd trades at a P/E of 58.8x and a P/B of 0.1x, with a dividend yield of 1.3%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.
How we got this fair value
Every number below is part of the same estimate for Rajesh Exports Ltd. Nothing here is a target price or a forecast of where the share price will go.
The inputs are thin or the models disagree sharply. This is our least reliable kind of estimate, so read the range rather than the single number.
Estimate range ₹44 – ₹54
Why this method for this business
The DCF model is appropriate for a hyper-growth business with a clear cash flow trajectory, despite the lack of forward estimates. The model captures the intrinsic value based on historical cash flows and growth assumptions.
The models behind the number
Each method is weighted by how well its inputs held up for this company.
Intrinsic value from 2-stage discounted cash flows (primary for asset-light / normal businesses); FCFE path
- ev_sales: insufficient data for sales multiples
What was missing
- Forward estimates
- Detailed financial disclosures
- Sustainability of growth assumptions
What drives it
12 inputs, grouped by how strong each claim is
- FCF_0 (normalized)
- 131 ₹cr
- Net debt
- 1,016 ₹cr
fcf_norm (median ≤5y positive)
gross debt (cash n/a)
- Discount rate (r)
- 14.4%
- Beta
- 1
COE (building-block)
bottom-up industry
- Stage-1 start growth
- 4.88%
- Fade shape
- hard
- Terminal growth (g)
- 4.88%
- Stage-1 years
- 12 y
pat_cagr_5y
lifecycle Hyper-Growth
macro terminal × quality premium
lifecycle Hyper-Growth horizon
- Lifecycle stage
- Hyper-Growth
- Quality premium
- 0.976×
forecast engine (L20)
moat None + capital allocation
- Path
- FCFE
- Terminal-value fraction
- 0.352
computed (D/E vs 0.8)
PV_TV / (PV_1+PV_TV)
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for Rajesh Exports Ltd: 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 methodologyUnderstand the ratios
More on Rajesh Exports Ltd
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

