Vedant Fashions Limited

NSEI:MANYAVAR Stock Report

Market Cap: ₹337.3b

Vedant Fashions Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 MANYAVAR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MANYAVAR (₹1388.55) is trading above our estimate of fair value (₹408.65)

Significantly Below Fair Value: MANYAVAR is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MANYAVAR. This is calculated by dividing MANYAVAR's market cap by their current earnings.
What is MANYAVAR's PE Ratio?
PE Ratio83.7x
Earnings₹4.03b
Market Cap₹337.30b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MANYAVAR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average77.9x
KPRMILL K.P.R. Mill
38.9x15.9%₹315.0b
PAGEIND Page Industries
80.4x16.1%₹499.3b
KALYANKJIL Kalyan Jewellers India
116.3x34.2%₹728.5b
523025 Safari Industries (India)
76.2x28.5%₹122.0b
MANYAVAR Vedant Fashions
83.7x16.9%₹337.3b

Price-To-Earnings vs Peers: MANYAVAR is expensive based on its Price-To-Earnings Ratio (83.7x) compared to the peer average (77.9x).

Price to Earnings Ratio vs Industry

How does MANYAVAR's PE Ratio compare vs other companies in the IN Luxury Industry?

11 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BOMDYEING Bombay Dyeing and Manufacturing
1.2xn/aUS$501.90m
503804 Shri Dinesh Mills
4.7xn/aUS$26.34m
INDIANCARD Indian Card Clothing
2.1xn/aUS$18.49m
521034 Soma Textiles & Industries
1.6xn/aUS$17.23m
MANYAVAR 83.7xIndustry Avg. 28.0xNo. of Companies33PE020406080100+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MANYAVAR is expensive based on its Price-To-Earnings Ratio (83.7x) compared to the Indian Luxury industry average (28.6x).

Price to Earnings Ratio vs Fair Ratio

What is MANYAVAR'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.

MANYAVAR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio83.7x
Fair PE Ratio42.2x

Price-To-Earnings vs Fair Ratio: MANYAVAR is expensive based on its Price-To-Earnings Ratio (83.7x) compared to the estimated Fair Price-To-Earnings Ratio (42.2x).

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 MANYAVAR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹1,388.55
₹1,419.78
+2.2%
11.4%₹1,600.00₹1,010.00n/a9
Nov ’25₹1,395.30
₹1,419.78
+1.8%
11.4%₹1,600.00₹1,010.00n/a9
Oct ’25₹1,357.50
₹1,248.67
-8.0%
14.8%₹1,600.00₹980.00n/a9
Sep ’25₹1,250.40
₹1,197.44
-4.2%
10.5%₹1,363.00₹980.00n/a9
Aug ’25₹1,150.05
₹1,197.44
+4.1%
10.5%₹1,363.00₹980.00n/a9
Jul ’25₹1,088.90
₹1,172.67
+7.7%
12.8%₹1,446.00₹980.00n/a9
Jun ’25₹1,043.25
₹1,138.11
+9.1%
12.2%₹1,384.00₹980.00n/a9
May ’25₹953.60
₹1,174.33
+23.1%
14.4%₹1,433.00₹950.00n/a9
Apr ’25₹960.55
₹1,264.78
+31.7%
9.2%₹1,433.00₹1,050.00n/a9
Mar ’25₹1,024.30
₹1,291.63
+26.1%
7.3%₹1,433.00₹1,150.00n/a8
Feb ’25₹981.85
₹1,291.63
+31.6%
7.3%₹1,433.00₹1,150.00n/a8
Jan ’25₹1,275.45
₹1,385.88
+8.7%
7.4%₹1,517.00₹1,200.00n/a8
Dec ’24₹1,391.75
₹1,385.88
-0.4%
7.4%₹1,517.00₹1,200.00n/a8
Nov ’24₹1,295.15
₹1,388.88
+7.2%
7.3%₹1,530.00₹1,170.00₹1,395.308
Oct ’24₹1,338.55
₹1,355.38
+1.3%
6.3%₹1,457.00₹1,170.00₹1,357.508
Sep ’24₹1,258.40
₹1,341.00
+6.6%
5.5%₹1,457.00₹1,170.00₹1,250.409
Aug ’24₹1,297.10
₹1,341.00
+3.4%
5.5%₹1,457.00₹1,170.00₹1,150.059
Jul ’24₹1,239.00
₹1,372.11
+10.7%
7.0%₹1,550.00₹1,200.00₹1,088.909
Jun ’24₹1,265.05
₹1,372.11
+8.5%
7.0%₹1,550.00₹1,200.00₹1,043.259
May ’24₹1,272.15
₹1,278.75
+0.5%
6.6%₹1,400.00₹1,150.00₹953.608
Apr ’24₹1,139.15
₹1,285.00
+12.8%
6.8%₹1,400.00₹1,150.00₹960.558
Mar ’24₹1,185.90
₹1,254.33
+5.8%
6.3%₹1,350.00₹1,150.00₹1,024.306
Feb ’24₹1,219.95
₹1,254.33
+2.8%
6.3%₹1,350.00₹1,150.00₹981.856
Jan ’24₹1,338.10
₹1,402.00
+4.8%
11.0%₹1,575.00₹1,150.00₹1,275.455
Dec ’23₹1,390.05
₹1,402.00
+0.9%
11.0%₹1,575.00₹1,150.00₹1,391.755
Nov ’23₹1,442.15
₹1,282.00
-11.1%
12.9%₹1,575.00₹1,075.00₹1,295.155

Analyst Forecast: Target price is less than 20% higher than the current share price.

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