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 1 analysts
Fundamentals
Fundamentals institutional score is 28 using growth durability 28.1.
Valuation
Valuation institutional score is 88 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 84 using mean target upside 17.6%; dispersion penalty 0; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 63 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 6 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. valuation and analyst consensus provide support, while fundamentals 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 25.4% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.18). Confidence: 79%.
Live forward EPS implies next-12-month EPS of ₹18.00. Applying the stock's normalized valuation corridor produces a fair range of ₹884.88 to ₹1,228.14, with base value near ₹1,107.90 (+190.9% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹18.00
Forward P/E
21.2x
Base Fair Value
₹1,107.90
Fair Range
₹884.88 - ₹1,228.14
Upside To Base
+190.9%
Estimate Source
Live forward EPS
Growth Estimate
-91.6%
5Y Average
51.40
Current
45.95
Overvalued
68.23
Undervalued
49.16
5Y Average
29.55
Current
26.42
Overvalued
37.33
Undervalued
23.26
5Y Average
4.08
Current
3.37
Overvalued
4.69
Undervalued
3.46
Peers & Comparison
Sector: Industrials · Theme: Environmental Services
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
KRN HEAT EXCHANGE N REF L KRNElectrical Components & Equipments | +36.5% | 12.7% | 105.0x Premium | +129% vs avg | +34.1% |
INDIAN ENERGY EXC LTD IEXPower Trading & Consultancy | +10.1% | 66.2% | 22.3x Undervalued | -51% vs avg | -8.5% |
STYLAM INDUSTRIES LIMITED STYLAMINDConstruction & Engineering | +15.4% | 14.5% | 35.7x Undervalued | -22% vs avg | +119.2% |
TECHNOCRAFT IND LTD TIILIndustrial Machinery | +1.3% | 10.3% | 20.7x Undervalued | -55% vs avg | +1.7% |
ION EXCHANGE (INDIA) LTD trades at a discount (30.5x vs peer avg 45.9x), suggesting potential undervaluation relative to the Environmental Services cohort. Peers include KRN HEAT EXCHANGE N REF L, INDIAN ENERGY EXC LTD, STYLAM INDUSTRIES 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
₹636 CrJun 2026Latest net profit
₹11 CrJun 2026Latest EPS
₹0.78Jun 2026Net margin
4.8%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 + | 449 | 484 | 512 | 735 | 516 | 589 | 650 | 785 | 518 | 678 | 669 | 814 | 636 |
| Expenses + | 397 | 425 | 443 | 647 | 456 | 522 | 576 | 702 | 462 | 617 | 613 | 803 | 605 |
| Operating Profit | 52 | 59 | 69 | 88 | 61 | 67 | 74 | 83 | 56 | 61 | 56 | 11 | 31 |
| OPM % | 12% | 12% | 13% | 12% | 12% | 11% | 11% | 11% | 11% | 9% | 8% | 1.4% | 4.8% |
| Other Income + | 10 | 10 | 10 | 17 | 13 | 13 | 11 | 15 | 20 | 16 | -0 | 45 | 13 |
| Interest | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 3 | 2 | 2 | 7 | 10 | 8 |
| Depreciation | 8 | 8 | 9 | 9 | 9 | 10 | 10 | 11 | 11 | 11 | 17 | 18 | 20 |
| Profit before tax | 52 | 59 | 69 | 94 | 62 | 68 | 73 | 85 | 63 | 64 | 32 | 27 | 15 |
| Tax % | 26% | 26% | 28% | 24% | 26% | 25% | 27% | 24% | 26% | 25% | 25% | 28% | 26% |
| Net Profit + | 39 | 44 | 50 | 72 | 46 | 51 | 53 | 65 | 47 | 48 | 24 | 20 | 11 |
| EPS in Rs | 2.65 | 2.99 | 3.39 | 4.89 | 3.12 | 3.46 | 3.64 | 4.40 | 3.20 | 3.26 | 1.64 | 1.33 | 0.78 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).