AI Summary
✦ ClarthaValuation Metrics
Trading 1.3% above historical median. Valuation is stable — currently in the fair zone (z-score: +0.25). Confidence: 92%.
Live forward EPS implies next-12-month EPS of ₹32.10. Applying the stock's normalized valuation corridor produces a fair range of ₹415.05 to ₹456.46, with base value near ₹437.20 (+45.8% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹32.10
Forward P/E
9.3x
Base Fair Value
₹437.20
Fair Range
₹415.05 - ₹456.46
Upside To Base
+45.8%
Estimate Source
Live forward EPS
Growth Estimate
+24.1%
5Y Average
2.06
Current
1.83
Overvalued
2.36
Undervalued
1.75
5Y Average
12.35
Current
13.80
Overvalued
14.22
Undervalued
12.93
5Y Average
5.00
Current
5.59
Overvalued
5.75
Undervalued
4.25
Peers & Comparison
Sector: Industrials · Theme: Construction & Engineering
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
NCC LIMITED NCCConstruction & Engineering | +1.7% | 3.2% | 13.5x Undervalued | -60% vs avg | -34.3% |
CEIGALL INDIA LIMITED CEIGALLConstruction & Engineering | +37.1% | 7.8% | 18.9x Undervalued | -45% vs avg | +30.0% |
AHLUWALIA CONT IND LTD AHLUCONTConstruction & Engineering | +8.8% | 5.8% | 20.7x Undervalued | -39% vs avg | -12.7% |
BALU FORGE INDUSTRIES LTD BALUFORGEConstruction & Engineering | -2.3% | 23.4% | 19.3x Undervalued | -43% vs avg | -20.5% |
AJAX ENGINEERING LIMITED AJAXENGGConstruction & Engineering | +1.7% | 10.8% | 28.9x Fair | -15% vs avg | -20.9% |
AFCONS INFRASTRUCTURE LTD AFCONSConstruction & Engineering | -19.1% | 1.3% | 39.8x Premium | +17% vs avg | -37.8% |
AXISCADES TECH LTD AXISCADESConstruction & Engineering | +1.5% | 6.2% | 96.1x Premium | +182% vs avg | +28.6% |
CEMINDIA PROJECTS LIMITED CEMPROConstruction & Engineering | +7.0% | 5.9% | 36.0x Fair | +6% vs avg | +59.2% |
MAS FINANCIAL SERV LTD trades at a discount (13.8x vs peer avg 34.1x), suggesting potential undervaluation relative to the Construction & Engineering cohort. Peers include NCC LIMITED, CEIGALL INDIA LIMITED, AHLUWALIA CONT IND 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
₹531 CrJun 2026Latest net profit
₹105 CrJun 2026Free cash flow
₹-1.76K CrMar 2026Net Profit
₹105 CrProfit conversionPerformance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
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.
- 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 279 | 294 | 320 | 329 | 346 | 365 | 390 | 417 | 443 | 456 | 481 | 514 | 531 |
| Interest | 143 | 146 | 164 | 162 | 172 | 175 | 185 | 191 | 206 | 212 | 219 | 222 | 222 |
| Expenses + | 61 | 69 | 73 | 77 | 80 | 88 | 99 | 116 | 124 | 125 | 134 | 160 | 166 |
| Financing Profit | 75 | 79 | 83 | 91 | 95 | 101 | 106 | 111 | 114 | 119 | 129 | 133 | 143 |
| Financing Margin % | 27% | 27% | 26% | 28% | 27% | 28% | 27% | 26% | 26% | 26% | 27% | 26% | 27% |
| Other Income + | 2 | 2 | 2 | 1 | 1 | 2 | 0 | -0 | 0 | 3 | -4 | 2 | -1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 76 | 80 | 85 | 91 | 94 | 102 | 105 | 109 | 112 | 120 | 123 | 133 | 140 |
| Tax % | 24% | 25% | 26% | 25% | 25% | 25% | 26% | 26% | 25% | 25% | 27% | 25% | 25% |
| Net Profit + | 57 | 60 | 62 | 68 | 70 | 77 | 78 | 81 | 84 | 90 | 90 | 100 | 105 |
| EPS in Rs | 3.49 | 3.66 | 3.81 | 4.15 | 3.88 | 4.22 | 4.30 | 4.45 | 4.62 | 4.94 | 4.98 | 5.50 | 5.76 |
| Gross NPA % | 2.13% | 2.23% | 2.25% | 2.29% | 2.41% | 2.44% | 2.49% | 2.53% | 2.56% | 2.57% | 2.58% | ||
| Net NPA % | 1.47% | 1.48% | 1.51% | 1.52% | 1.62% | 1.62% | 1.63% | 1.69% | 1.72% | 1.70% | 1.70% | ||
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Shareholder''s Meeting - Annual General Meeting On September 2, 2026