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 2 analysts
Fundamentals
Fundamentals institutional score is 89 using EVA spread proxy 24.4%; growth durability 71.9.
Valuation
Valuation institutional score is 34 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 58 using mean target upside 8.0%; dispersion penalty 9.5; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 79 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 2 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and market sentiment 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 75.6% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.89). Confidence: 74%.
Live forward EPS implies next-12-month EPS of ₹22.10. Applying the stock's normalized valuation corridor produces a fair range of ₹443.99 to ₹671.62, with base value near ₹478.91 (+23.1% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹22.10
Forward P/E
17.6x
Base Fair Value
₹478.91
Fair Range
₹443.99 - ₹671.62
Upside To Base
+23.1%
Estimate Source
Live forward EPS
Growth Estimate
+96.2%
5Y Average
27.35
Current
38.06
Overvalued
30.39
Undervalued
20.09
5Y Average
3.23
Current
4.50
Overvalued
3.72
Undervalued
2.75
5Y Average
17.71
Current
24.64
Overvalued
20.46
Undervalued
12.62
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% | 17.2x Undervalued | -58% vs avg | +45.1% |
AZAD ENGINEERING LIMITED AZADRenewable Energy Equipment & Services | +28.5% | 21.9% | 115.3x Premium | +184% vs avg | +62.8% |
VIKRAM SOLAR LIMITED VIKRAMSOLRRenewable Energy Equipment & Services | +37.9% | 6.8% | 15.3x Undervalued | -62% vs avg | -54.9% |
SAATVIK GREEN ENERGY LTD SAATVIKGLRenewable Energy Equipment & Services | +74.9% | 7.9% | 14.6x Undervalued | -64% vs avg | -3.2% |
FUJIYAMA POWER SYSTEMS L trades in line with peers (38.1x vs avg 40.6x), reflecting a fair valuation within the Renewable Energy Equipment & Services cohort. Peers include EMMVEE PHOTOVOLTAIC PWR L, AZAD ENGINEERING LIMITED, 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
₹588 CrDec 2025Latest net profit
₹67 CrDec 2025Latest EPS
₹2.37Dec 2025Net margin
17.2%Dec 2025Performance
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: Dec 2025
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Sales | 329 | — | 597 | 568 | 588 |
| Expenses | 279 | — | 491 | 465 | 479 |
| Operating Profit | 46.04 | — | 98.89 | 95.17 | 101 |
| OPM % | 13.99% | — | 16.55% | 16.76% | 17.2% |
| Other Income | 2.04 | — | 0.44 | 1.86 | 0.39 |
| Interest | 5.85 | — | 9.39 | 12.41 | 12.22 |
| Depreciation | 4.06 | — | 7.01 | 7.85 | 8.74 |
| Profit before tax | 42.23 | — | 89.94 | 84.62 | 89.36 |
| Tax % | 24.53% | 0% | 24.85% | 25.67% | 24.68% |
| Net Profit | 31.87 | — | 67.59 | 62.9 | 67.31 |
| EPS in Rs | 1.14 | 0.98 | 2.41 | 2.25 | 2.37 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.