AI Summary
✦ ClarthaValuation Metrics
Trading 13.8% above historical median. Valuation is stable — currently in the undervalued zone (z-score: +0.22). Confidence: 78%.
Live forward EPS implies next-12-month EPS of ₹87.56. Applying the stock's normalized valuation corridor produces a fair range of ₹2,309.83 to ₹3,012.94, with base value near ₹2,498.09 (+54.2% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹87.56
Forward P/E
18.5x
Base Fair Value
₹2,498.09
Fair Range
₹2,309.83 - ₹3,012.94
Upside To Base
+54.2%
Estimate Source
Live forward EPS
Growth Estimate
+6.6%
5Y Average
26.52
Current
32.47
Overvalued
34.41
Undervalued
26.38
5Y Average
15.22
Current
18.81
Overvalued
18.24
Undervalued
12.15
5Y Average
4.58
Current
4.99
Overvalued
5.26
Undervalued
3.89
Peers & Comparison
Sector: Materials · Theme: Iron & Steel
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
JAI BALAJI INDUSTRIES LTD JAIBALAJIIron & Steel | +9.8% | 2.2% | 48.3x Undervalued | -23% vs avg | -37.6% |
BANSAL WIRE INDUSTRIES L BANSALWIREIron & Steel | +24.4% | 3.2% | 35.6x Undervalued | -43% vs avg | -9.1% |
GALLANTT ISPAT LIMITED GALLANTTIron & Steel | — | 11.1% | 29.5x Undervalued | -53% vs avg | -21.9% |
LLOYDS ENTERPRISES LTD LLOYDSENTIron & Steel | +47.1% | 16.1% | 46.4x Undervalued | -26% vs avg | +16.4% |
AEROFLEX INDUSTRIES LTD AEROFLEXIron & Steel | +72.4% | 13.4% | 81.5x Premium | +31% vs avg | +132.5% |
GODAWARI POW & ISP LTD GPILIron & Steel | +34.8% | 13.9% | 18.9x Undervalued | -70% vs avg | +22.4% |
JAYASWAL NECO INDUSTR LTD JAYNECOINDIron & Steel | +27.7% | 7.4% | 15.7x Undervalued | -75% vs avg | +70.9% |
NMDC STEEL LIMITED NSLNISPIron & Steel | +36.7% | 0.4% | 223.3x Premium | +258% vs avg | +21.5% |
VENUS PIPES & TUBES LTD trades at a discount (32.8x vs peer avg 62.4x), suggesting potential undervaluation relative to the Iron & Steel cohort. Peers include JAI BALAJI INDUSTRIES LTD, BANSAL WIRE INDUSTRIES L, GALLANTT ISPAT 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
₹297 CrDec 2025Latest net profit
₹26 CrDec 2025Latest EPS
₹12.46Dec 2025Net margin
14.4%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 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 176 | 180 | 191 | 207 | 224 | 240 | 229 | 231 | 258 | 276 | 292 | 297 |
| Expenses | 155 | 152 | 157 | 168 | 179 | 192 | 188 | 194 | 217 | 232 | 244 | 248 |
| Operating Profit | 20.99 | 26.18 | 31.82 | 35.37 | 41.2 | 43.61 | 36.32 | 32.34 | 36.82 | 39.58 | 41.55 | 42.76 |
| OPM % | 11.91% | 14.58% | 16.63% | 17.08% | 18.38% | 18.16% | 15.86% | 13.98% | 14.26% | 14.32% | 14.25% | 14.41% |
| Other Income | 0.54 | 0.56 | 0.48 | 2 | 0.14 | 1.02 | 3.65 | 0.97 | 5.02 | 3.92 | 2.97 | 2.6 |
| Interest | 3.02 | 3.31 | 5.05 | 6.2 | 7.53 | 7.65 | 8.18 | 9.11 | 9.42 | 9.79 | 10.1 | 10.47 |
| Depreciation | 0.6 | 1.39 | 2.87 | 3.68 | 3.83 | 4.34 | 4.64 | 4.76 | 4.79 | 5.22 | 5.96 | 6.11 |
| Profit before tax | 18.51 | 23.43 | 27.25 | 31.17 | 33.81 | 36.98 | 31.79 | 24.2 | 32.42 | 33.71 | 34.42 | 34.89 |
| Tax % | 27.44% | 25.69% | 25.65% | 25.31% | 25.94% | 25.47% | 25.57% | 25.74% | 26.87% | 26.55% | 25.39% | 25.65% |
| Net Profit | 13.43 | 17.41 | 20.26 | 23.28 | 25.04 | 27.56 | 23.66 | 17.97 | 23.71 | 24.76 | 25.68 | 25.94 |
| EPS in Rs | 6.87 | 8.58 | 9.98 | 11.47 | 12.34 | 13.58 | 11.63 | 8.84 | 11.65 | 12.12 | 12.74 | 12.46 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.