Man Industries (India) Limited

BSE:513269 Stock Report

Market Cap: ₹19.4b

Man Industries (India) Valuation

Is 513269 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 513269 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 513269 (₹311.9) is trading below our estimate of fair value (₹1711.97)

Significantly Below Fair Value: 513269 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 513269?

Key metric: As 513269 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 513269. This is calculated by dividing 513269's market cap by their current earnings.
What is 513269's PE Ratio?
PE Ratio19.1x
Earnings₹1.06b
Market Cap₹19.40b

Price to Earnings Ratio vs Peers

How does 513269's PE Ratio compare to its peers?

The above table shows the PE ratio for 513269 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.5x
532395 AXISCADES Technologies
41.5xn/a₹18.3b
533761 GPT Infraprojects
26.6xn/a₹17.4b
PSPPROJECT PSP Projects
27x33.5%₹24.6b
537259 Suyog Telematics
27xn/a₹18.8b
513269 Man Industries (India)
19.1x37.7%₹19.4b

Price-To-Earnings vs Peers: 513269 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (30.5x).


Price to Earnings Ratio vs Industry

How does 513269's PE Ratio compare vs other companies in the IN Construction Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CCCL Consolidated Construction Consortium
1xn/aUS$85.40m
533152 MBL Infrastructures
2.4xn/aUS$65.36m
ATLANTAA Atlantaa
2.4xn/aUS$48.17m
SKIL SKIL Infrastructure
0.1xn/aUS$14.03m
513269 19.1xIndustry Avg. 25.5xNo. of Companies22PE01632486480+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 513269 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the Indian Construction industry average (25.5x).


Price to Earnings Ratio vs Fair Ratio

What is 513269's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

513269 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.1x
Fair PE Ratio45.5x

Price-To-Earnings vs Fair Ratio: 513269 is good value based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (45.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 513269 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹311.90
₹469.50
+50.5%
6.5%₹500.00₹439.00n/a2
Nov ’25₹328.35
₹523.00
+59.3%
4.4%₹546.00₹500.00n/a2
Oct ’25₹345.45
₹523.00
+51.4%
4.4%₹546.00₹500.00n/a2
Sep ’25₹415.90
₹523.00
+25.8%
4.4%₹546.00₹500.00n/a2
Aug ’25₹454.80
₹479.50
+5.4%
4.3%₹500.00₹459.00n/a2
Jul ’25₹469.60
₹479.50
+2.1%
4.3%₹500.00₹459.00n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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