Baroda Extrusion Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹3.55Overvalued by 60.25%vs CMP ₹8.93

P/E (28.7) × ROE (15.0%) × BV (₹1.01) × DY (2.00%)

Defaults: ROE=15%

₹7.35Overvalued by 17.69%vs CMP ₹8.93
MoS: -21.5% (Negative)Confidence: 58/100 (Moderate)Models: 2 Under, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹6.2120%Over (-30.5%)
Graham NumberEarnings₹5.8015%Over (-35.1%)
Earnings PowerEarnings₹0.6712%Over (-92.5%)
DCFCash Flow₹28.7012%Under (+221.4%)
Net Asset ValueAssets₹0.988%Over (-89%)
EV/EBITDAEnterprise₹1.2810%Over (-85.7%)
Earnings YieldEarnings₹14.808%Under (+65.7%)
ROCE CapitalReturns₹0.028%Over (-99.8%)
Revenue MultipleRevenue₹4.086%Over (-54.3%)
Consensus (9 models)₹7.35100%Overvalued
Key Drivers: EPS CAGR 75.1% lifts DCF — verify sustainability. | Wide model spread (₹0–₹29) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 75.1% · Defaults: ROE=15%

*Investments are subject to market risks

Analyst Summary

Baroda Extrusion Ltd operates in the Metals - Non Ferrous - Copper/Copper Alloys - Prod segment, NSE: BAROEXT | BSE: 513502, current market price is ₹8.93, market cap is 174 Cr.. At a glance, stock P/E is 28.7, ROE is %, ROCE is 24.0 %, book value is 1.01, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹7.35, around 17.7% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹159 Cr versus the prior period change of 25.2%, while latest net profit is about ₹20 Cr with a prior-period change of 2,100.0%. The 52-week range shown on this page is 13.9/6.51, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisBaroda Extrusion Ltd. is a Public Limited Listed company incorporated on 30/08/1991 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L271…

This summary is generated from the stock page data available for Baroda Extrusion Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

61
Baroda Extrusion Ltd scores 61/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health51/100 · Moderate
ROCE 24.0% ExcellentROE 0.0% WeakD/E -1.38 Low debtInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent
Smart Money50/100 · Moderate
Promoter holding at 54.9% Stable
Earnings Quality60/100 · Moderate
OPM stable around 1% SteadyWorking capital: -10 days (improving) Efficient
Quarterly Momentum70/100 · Strong
Revenue (4Q): +18% YoY GrowingOPM: 6.8% (up 4.8% YoY) Margin expansion
Industry Rank80/100 · Strong
P/E 28.7 vs industry 46.6 Cheaper than peersROCE 24.0% vs industry 12.8% Above peers3Y sales CAGR: 14% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:03 am

Market Cap 174 Cr.
Current Price 8.93
Intrinsic Value₹7.35
High / Low 13.9/6.51
Stock P/E28.7
Book Value 1.01
Dividend Yield0.00 %
ROCE24.0 %
ROE%
Face Value 1.00
PEG Ratio0.38

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Baroda Extrusion Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Baroda Extrusion Ltd 174 Cr. 8.93 13.9/6.5128.7 1.010.00 %24.0 %% 1.00
Madhav Copper Ltd 160 Cr. 59.0 93.2/42.048.2 17.20.00 %8.50 %10.9 % 5.00
Cubex Tubings Ltd 128 Cr. 89.3 144/67.115.3 55.00.00 %10.9 %9.18 % 10.0
Rajnandini Metal Ltd 111 Cr. 4.02 7.12/2.72 1.980.00 %8.11 %3.84 % 1.00
Bhagyanagar India Ltd 702 Cr. 219 226/65.019.4 70.70.00 %8.28 %5.70 % 2.00
Industry Average7,916.63 Cr221.7446.6250.740.05%12.75%11.32%5.45

All Competitor Stocks of Baroda Extrusion Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 30.6432.3532.5432.1828.9733.5233.0635.6644.4745.8638.0644.2044.31
Expenses 33.3232.1032.5731.8529.0035.3332.8935.7043.5643.7336.9742.5241.29
Operating Profit -2.680.25-0.030.33-0.03-1.810.17-0.040.912.131.091.683.02
OPM % -8.75%0.77%-0.09%1.03%-0.10%-5.40%0.51%-0.11%2.05%4.64%2.86%3.80%6.82%
Other Income 0.010.400.010.100.020.460.000.120.0118.850.000.500.00
Interest 0.000.000.010.010.010.000.000.000.010.100.170.160.14
Depreciation 0.030.030.030.030.030.020.030.030.040.030.040.040.04
Profit before tax -2.700.62-0.060.39-0.05-1.370.140.050.8720.850.881.982.84
Tax % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%10.55%0.00%36.87%25.35%
Net Profit -2.700.62-0.060.39-0.05-1.370.140.050.8818.650.881.252.12
EPS in Rs -0.180.04-0.000.03-0.00-0.090.010.000.061.250.060.060.11

Last Updated: March 3, 2026, 11:56 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 12:40 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 4824251430515252108130127159172
Expenses 5426291632537352107134129156165
Operating Profit -6-2-4-2-1-2-21-01-4-238
OPM % -13%-8%-14%-15%-4%-3%-40%-0%1%-3%-1%2%5%
Other Income 000000000011919
Interest 0000000000001
Depreciation 0000000000000
Profit before tax -6-2-4-2-1-2-21-01-3-12227
Tax % -1%30%-1%0%2%0%-25%0%1%-1%0%10%
Net Profit -6-2-3-2-1-2-16-01-3-12023
EPS in Rs -0.41-0.16-0.23-0.14-0.08-0.11-1.05-0.010.09-0.23-0.071.321.48
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212022-20232023-20242024-2025
YoY Net Profit Growth (%)66.67%-50.00%33.33%50.00%-100.00%-700.00%100.00%-400.00%66.67%2100.00%
Change in YoY Net Profit Growth (%)0.00%-116.67%83.33%16.67%-150.00%-600.00%800.00%-500.00%466.67%2033.33%

Baroda Extrusion Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:21%
5 Years:25%
3 Years:14%
TTM:28%
Compounded Profit Growth
10 Years:12%
5 Years:17%
3 Years:26%
TTM:506%
Stock Price CAGR
10 Years:33%
5 Years:85%
3 Years:38%
1 Year:0%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: September 5, 2025, 2:36 pm

Balance Sheet

Last Updated: December 4, 2025, 2:29 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 15151515151515151515151519
Reserves -25-27-31-33-34-36-51-51-50-53-54-350
Borrowings 4848484847475050505359265
Other Liabilities 116356910101617132618
Total Liabilities 49423535343524233132333343
Fixed Assets 2222222222222
CWIP 0000000000000
Investments 0000000000000
Other Assets 47403433323423223030313140
Total Assets 49423535343524233132333343

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -11-00-00-30-0-2-517
Cash from Investing Activity + -0-000000-0-0-0-0-0
Cash from Financing Activity + 1-1-000-03-0036-18
Net Cash Flow -0-000000-0001-1
Free Cash Flow -11-00-0-0-30-0-3-517
CFO/OP 13%-49%-1%0%8%-4%14%-857%-5%61%328%547%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-54.00-50.00-52.00-50.00-48.00-49.00-71.00-50.00-49.00-57.00-61.00-23.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 82182581344452636341373732
Inventory Days 163122101813112728242430
Days Payable 6595431247262726755473559
Cash Conversion Cycle 321183721-932231415263
Working Capital Days -287-556-572-1,081-534-316-31135232032-10
ROCE %-15%-5%-11%-7%-4%-6%-102%-1%10%-23%-6%24%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 57.23%57.00%57.00%56.94%55.39%55.39%55.39%55.39%55.39%55.39%55.39%54.94%
Public 42.76%43.00%42.99%43.06%44.62%44.61%44.62%44.62%44.63%44.62%44.63%45.06%
No. of Shareholders 19,24918,97818,79219,15721,16922,02423,69324,11324,37024,31624,27626,959

Shareholding Pattern Chart

No. of Shareholders

Baroda Extrusion Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 1.32-0.07-0.230.09-0.01
Diluted EPS (Rs.) 1.32-0.07-0.230.09-0.01
Cash EPS (Rs.) 1.33-0.06-0.220.090.00
Book Value[Excl.RevalReserv]/Share (Rs.) -1.32-2.65-2.57-2.34-2.43
Book Value[Incl.RevalReserv]/Share (Rs.) -1.32-2.65-2.57-2.34-2.43
Revenue From Operations / Share (Rs.) 10.678.538.737.253.51
PBDIT / Share (Rs.) 0.22-0.06-0.220.100.00
PBIT / Share (Rs.) 0.21-0.07-0.220.09-0.01
PBT / Share (Rs.) 1.47-0.07-0.230.09-0.01
Net Profit / Share (Rs.) 1.32-0.07-0.220.09-0.01
PBDIT Margin (%) 2.08-0.75-2.541.400.00
PBIT Margin (%) 2.00-0.84-2.621.31-0.15
PBT Margin (%) 13.78-0.86-2.641.29-0.18
Net Profit Margin (%) 12.39-0.86-2.621.27-0.18
Return on Networth / Equity (%) -100.090.000.00-3.930.00
Return on Capital Employeed (%) 199.67-5.35-23.029.260.22
Return On Assets (%) 59.74-3.33-10.814.40-0.41
Long Term Debt / Equity (X) -1.070.000.000.000.00
Total Debt / Equity (X) -1.340.000.000.00-1.38
Asset Turnover Ratio (%) 4.823.944.143.972.21
Current Ratio (X) 0.871.991.461.460.25
Quick Ratio (X) 0.481.370.950.950.18
Inventory Turnover Ratio (X) 15.6814.1315.0517.5618.93
Interest Coverage Ratio (X) 29.72-43.80-160.8157.17-0.31
Interest Coverage Ratio (Post Tax) (X) 8.91-49.14-164.9752.71-4.75
Enterprise Value (Cr.) 123.1952.2022.2365.3664.43
EV / Net Operating Revenue (X) 0.770.410.170.601.23
EV / EBITDA (X) 37.15-54.41-6.7142.98-12389.65
MarketCap / Net Operating Revenue (X) 0.610.420.170.600.27
Price / BV (X) -4.94-1.36-0.59-1.87-0.40
Price / Net Operating Revenue (X) 0.610.420.170.600.27
EarningsYield 0.20-0.02-0.150.02-0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Baroda Extrusion Ltd. is a Public Limited Listed company incorporated on 30/08/1991 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L27109GJ1991PLC016200 and registration number is 016200. Currently Company is involved in the business activities of Manufacture of primary cells and primary batteries nd rechargable batteries, cells containing manganese oxide, mercuric oxide silver oxide or other material. Company's Total Operating Revenue is Rs. 159.05 Cr. and Equity Capital is Rs. 14.90 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Metals - Non Ferrous - Copper/Copper Alloys - ProdSurvey No. 65-66, Village - Garadhiya, Jarod-Samalaya Road, Taluka - Savli, Vadodra District Gujarat 391520Contact not found
Management
NamePosition Held
Mr. Parasmal KanugoChairman & Managing Director
Mr. Yadunandan PatelIndependent Director
Mr. Rikesh ShahIndependent Director
Ms. Suryasnata MishraIndependent Director

FAQ

What is the intrinsic value of Baroda Extrusion Ltd and is it undervalued?

As of 27 April 2026, Baroda Extrusion Ltd's intrinsic value is ₹7.35, which is 17.69% lower than the current market price of ₹8.93, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹1.01), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Baroda Extrusion Ltd?

Baroda Extrusion Ltd is trading at ₹8.93 as of 27 April 2026, with a FY2026-2027 high of ₹13.9 and low of ₹6.51. The stock is currently in the middle of its 52-week range. Market cap stands at ₹174 Cr..

How does Baroda Extrusion Ltd's P/E ratio compare to its industry?

Baroda Extrusion Ltd has a P/E ratio of 28.7, which is below the industry average of 46.62. This is broadly in line with or below the industry average.

Is Baroda Extrusion Ltd financially healthy?

Key indicators for Baroda Extrusion Ltd: ROCE of 24.0 % indicates efficient capital utilization; ROE of % is below ideal levels (industry average: 11.32%). Dividend yield is 0.00 %.

Is Baroda Extrusion Ltd profitable and how is the profit trend?

Baroda Extrusion Ltd reported a net profit of ₹20 Cr in Mar 2025 on revenue of ₹159 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Baroda Extrusion Ltd pay dividends?

Baroda Extrusion Ltd has a dividend yield of 0.00 % at the current price of ₹8.93. The company is currently not paying meaningful dividends.

Last Updated: April 26, 2026, 1:03 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 513502 | NSE: BAROEXT
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Baroda Extrusion Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE