AI Summary
✦ ClarthaNesco Limited is an Indian real estate and exhibition-center operator. Realty provides workspaces, residential and assembly spaces, while the Bombay Exhibition Center drives event-related revenue. Industrial Capital Goods adds shot-blasting machines, pollution-control systems, paint systems, spares, and abrasives; Foods is another operating segment. Revenue exceeded ₹1,000 crore, while the approved ₹3,500 crore Tower 2 expansion could increase future workspace capacity and growth. Revenue rose 27.3%, but profit increased only 10%, indicating declining margins and weaker earnings conversion. ROE is unavailable, while debt-to-equity of 9.07 implies substantial leverage that can amplify ROE but increases financial risk. At 17.7 times earnings, valuation appears fair rather than discounted, broadly reflecting current growth. The key open question is whether Tower 2 can deliver sufficient occupancy and returns without further margin pressure or balance-sheet strain.
Price 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 59 using growth durability 59.0.
Valuation
Valuation institutional score is 48 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 77 using mean target upside 14.2%; dispersion penalty 0; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 78 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 4 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. analyst consensus and technical structure provide support, while valuation 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 9.9% above historical median. Valuation is stable — currently in the fair zone (z-score: +0.24). Confidence: 80%.
Live forward EPS implies next-12-month EPS of ₹53.30. Applying the stock's normalized valuation corridor produces a fair range of ₹781.38 to ₹1,022.83, with base value near ₹858.66 (-17.9% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹53.30
Forward P/E
19.6x
Base Fair Value
₹858.66
Fair Range
₹781.38 - ₹1,022.83
Upside To Base
-17.9%
Estimate Source
Live forward EPS
Growth Estimate
+4.0%
5Y Average
14.10
Current
17.70
Overvalued
19.19
Undervalued
14.66
5Y Average
10.18
Current
12.76
Overvalued
12.41
Undervalued
7.05
5Y Average
2.94
Current
2.46
Overvalued
3.38
Undervalued
2.50
Peers & Comparison
Sector: Real Estate
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
MAHINDRA LIFESPACE DEVLTD MAHLIFEReal Estate | +2909.5% | 15.8% | 24.7x Undervalued | -42% vs avg | +13.3% |
GANESH HOUSING LIMITED GANESHHOUReal Estate | +85.6% | 41.4% | 24.3x Undervalued | -43% vs avg | -11.4% |
KNOWLEDGE MARINE & EN W L KMEWReal Estate | +42.4% | 30.7% | 75.5x Premium | +78% vs avg | +208.2% |
KALPATARU LIMITED KALPATARUReal Estate | +6.5% | 3.4% | 60.2x Premium | +42% vs avg | -30.0% |
ANANT RAJ LIMITED ANANTRAJReal Estate | +19.6% | 22.2% | 38.9x Fair | -8% vs avg | +12.2% |
BRIGADE ENTER. LTD BRIGADEReal Estate | -0.2% | 11.3% | 30.8x Undervalued | -27% vs avg | -16.8% |
NESCO LTD. trades at a discount (17.7x vs peer avg 42.4x), suggesting potential undervaluation relative to the Real Estate cohort. Peers include MAHINDRA LIFESPACE DEVLTD, GANESH HOUSING LIMITED, KNOWLEDGE MARINE & EN W L — 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
₹212 CrJun 2026Latest net profit
₹100 CrJun 2026Latest EPS
₹14.19Jun 2026Net margin
48.0%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 + | 137 | 175 | 178 | 189 | 141 | 192 | 207 | 192 | 193 | 239 | 248 | 252 | 212 |
| Expenses + | 50 | 66 | 64 | 72 | 55 | 73 | 81 | 85 | 83 | 103 | 122 | 134 | 109 |
| Operating Profit | 86 | 109 | 114 | 117 | 86 | 120 | 125 | 107 | 110 | 136 | 126 | 118 | 102 |
| OPM % | 63% | 62% | 64% | 62% | 61% | 62% | 61% | 56% | 57% | 57% | 51% | 47% | 48% |
| Other Income + | 25 | 23 | 27 | 31 | 30 | 33 | 31 | 20 | 28 | 24 | 26 | 21 | 44 |
| Interest | 3 | 5 | 6 | 0 | 3 | 6 | 2 | 1 | 4 | 5 | 8 | 8 | 7 |
| Depreciation | 14 | 14 | 14 | 12 | 12 | 12 | 13 | 13 | 11 | 12 | 13 | 14 | 12 |
| Profit before tax | 94 | 112 | 121 | 136 | 100 | 135 | 142 | 112 | 124 | 143 | 132 | 116 | 127 |
| Tax % | 19% | 22% | 23% | 23% | 31% | 21% | 22% | 21% | 22% | 17% | 21% | 20% | 21% |
| Net Profit + | 76 | 88 | 94 | 105 | 70 | 107 | 110 | 89 | 96 | 119 | 105 | 93 | 100 |
| EPS in Rs | 10.80 | 12.46 | 13.31 | 14.92 | 9.90 | 15.17 | 15.60 | 12.58 | 13.65 | 16.88 | 14.85 | 13.21 | 14.19 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation