AI Summary
✦ ClarthaValuation Metrics
Trading 76.4% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.03). Confidence: 75%.
Live forward EPS implies next-12-month EPS of ₹22.10. Applying the stock's normalized valuation corridor produces a fair range of ₹443.33 to ₹670.29, with base value near ₹478.02 (+19.9% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹22.10
Forward P/E
18.0x
Base Fair Value
₹478.02
Fair Range
₹443.33 - ₹670.29
Upside To Base
+19.9%
Estimate Source
Live forward EPS
Growth Estimate
+96.2%
5Y Average
27.46
Current
38.16
Overvalued
30.33
Undervalued
20.06
5Y Average
3.24
Current
4.61
Overvalued
3.73
Undervalued
2.76
5Y Average
17.51
Current
24.89
Overvalued
20.16
Undervalued
12.43
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% | 17.6x Undervalued | -58% vs avg | +45.4% |
AZAD ENGINEERING LIMITED AZADRenewable Energy Equipment & Services | +28.5% | 21.9% | 123.4x Premium | +197% vs avg | +67.5% |
SAATVIK GREEN ENERGY LTD SAATVIKGLRenewable Energy Equipment & Services | +74.9% | 7.9% | 14.1x Undervalued | -66% vs avg | -3.9% |
VIKRAM SOLAR LIMITED VIKRAMSOLRRenewable Energy Equipment & Services | +21.7% | 9.8% | 11.5x Undervalued | -72% vs avg | -53.9% |
FUJIYAMA POWER SYSTEMS L trades in line with peers (39.0x vs avg 41.6x), reflecting a fair valuation within the Renewable Energy Equipment & Services cohort. Peers include EMMVEE PHOTOVOLTAIC PWR L, AZAD ENGINEERING LIMITED, SAATVIK GREEN ENERGY LTD — 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
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.