AI Summary
✦ ClarthaPrice Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 7 analysts
Fundamentals
Fundamentals institutional score is 84 using growth durability 84.0.
Valuation
Valuation institutional score is 28 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 4 using mean target upside -14.4%; dispersion penalty 17.7; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 72 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. fundamentals and technical structure provide support, while valuation and analyst consensus remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 55.9% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.66). Confidence: 79%.
Live forward EPS implies next-12-month EPS of ₹36.41. Applying the stock's normalized valuation corridor produces a fair range of ₹2,508.28 to ₹2,917.90, with base value near ₹2,743.49 (+10.4% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹36.41
Forward P/E
68.3x
Base Fair Value
₹2,743.49
Fair Range
₹2,508.28 - ₹2,917.90
Upside To Base
+10.4%
Estimate Source
Live forward EPS
Growth Estimate
+21.3%
5Y Average
77.19
Current
117.49
Overvalued
80.14
Undervalued
68.89
5Y Average
7.99
Current
10.50
Overvalued
8.52
Undervalued
7.24
5Y Average
16.66
Current
25.35
Overvalued
17.58
Undervalued
14.99
Peers & Comparison
Sector: Industrials · Theme: Renewable Energy Equipment & Services
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
EMMVEE PHOTOVOLTAIC PWR L EMMVEERenewable Energy Equipment & Services | +51.3% | 22.8% | 17.4x Undervalued | -49% vs avg | +45.4% |
FUJIYAMA POWER SYSTEMS L UTLSOLARRenewable Energy Equipment & Services | +87.5% | 11.5% | 38.6x Fair | +13% vs avg | +87.1% |
VIKRAM SOLAR LIMITED VIKRAMSOLRRenewable Energy Equipment & Services | +21.7% | 9.8% | 12.3x Undervalued | -64% vs avg | -56.0% |
SAATVIK GREEN ENERGY LTD SAATVIKGLRenewable Energy Equipment & Services | +74.9% | 7.9% | 14.4x Undervalued | -58% vs avg | -3.9% |
WAAREE ENERGIES LIMITED WAAREEENERRenewable Energy Equipment & Services | +79.2% | 12.7% | 20.6x Undervalued | -40% vs avg | -12.4% |
SUZLON ENERGY LIMITED SUZLONRenewable Energy Equipment & Services | +22.5% | 18.1% | 21.0x Undervalued | -39% vs avg | -24.8% |
TITAGARH RAIL SYSTEMS LTD TITAGARHRail | -12.9% | 3.9% | 93.6x Premium | +174% vs avg | +9.2% |
COCHIN SHIPYARD LIMITED COCHINSHIPShipbuilding | -15.6% | 14.3% | 55.5x Premium | +62% vs avg | -9.5% |
AZAD ENGINEERING LIMITED trades at a premium (117.5x vs peer avg 34.2x), implying higher growth or quality expectations from the Renewable Energy Equipment & Services cohort. Peers include EMMVEE PHOTOVOLTAIC PWR L, FUJIYAMA POWER SYSTEMS L, VIKRAM SOLAR LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹171 CrJun 2026Latest net profit
₹36 CrJun 2026Latest EPS
₹5.63Jun 2026Net margin
38.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 76 | 83 | 89 | 93 | 98 | 111 | 119 | 125 | 135 | 143 | 156 | 157 | 171 |
| Expenses + | 50 | 57 | 56 | 61 | 65 | 72 | 76 | 79 | 86 | 91 | 96 | 100 | 106 |
| Operating Profit | 26 | 26 | 33 | 31 | 33 | 40 | 43 | 45 | 49 | 51 | 60 | 58 | 64 |
| OPM % | 35% | 32% | 37% | 34% | 34% | 36% | 36% | 36% | 36% | 36% | 39% | 37% | 38% |
| Other Income + | 0 | 11 | 18 | 3 | 1 | 2 | 5 | 4 | 9 | 13 | 9 | 17 | 4 |
| Interest | 10 | 12 | 19 | 6 | 3 | 5 | 6 | 4 | 6 | 6 | 8 | 10 | 10 |
| Depreciation | 5 | 5 | 5 | 5 | 6 | 7 | 7 | 9 | 10 | 11 | 14 | 16 | 18 |
| Profit before tax | 11 | 20 | 27 | 23 | 24 | 30 | 35 | 37 | 42 | 47 | 47 | 49 | 40 |
| Tax % | 35% | 3% | 37% | 34% | 30% | 30% | 30% | 29% | 29% | 30% | 28% | 29% | 9% |
| Net Profit + | 7 | 19 | 17 | 15 | 17 | 21 | 24 | 26 | 30 | 33 | 34 | 35 | 36 |
| EPS in Rs | 44.80 | 3.92 | 2.84 | 2.53 | 2.90 | 3.56 | 4.11 | 4.03 | 4.64 | 5.11 | 5.27 | 5.44 | 5.63 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome