Bondada Engineering Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹256.06Fairly Valued by 9.20%vs CMP ₹282.00

P/E (14.4) × ROE (35.7%) × BV (₹62.20) × DY (0.10%)

₹129.07Overvalued by 54.23%vs CMP ₹282.00
MoS: -118.5% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued
ModelCategoryValueWeightSignal
PE-ROEEarnings₹218.5422%Over (-22.5%)
Graham NumberEarnings₹119.3016%Over (-57.7%)
Earnings PowerEarnings₹13.3011%Over (-95.3%)
DCFCash Flow₹75.5113%Over (-73.2%)
Net Asset ValueAssets₹62.237%Over (-77.9%)
EV/EBITDAEnterprise₹134.329%Over (-52.4%)
Earnings YieldEarnings₹101.707%Over (-63.9%)
ROCE CapitalReturns₹205.269%Over (-27.2%)
Revenue MultipleRevenue₹140.875%Over (-50%)
Consensus (9 models)₹129.07100%Overvalued
Key Drivers: Wide model spread (₹13–₹219) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -14.7%

*Investments are subject to market risks

Analysis summary

Data coverage: Price-data record updated 14 September 2026, 3:30 pm +05:30. Annual results through Mar 2025; quarterly results through Dec 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

Bondada Engineering Ltd: the stored intrinsic value estimate is ₹129.07, compared with a stored share price of ₹282.00. The model value is 54.2% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation.

Operating performance

Revenue for Mar 2025 was ₹1,571.00 Cr, versus ₹801.00 Cr in Mar 2024 (96.1% year on year). Net profit for Mar 2025 was ₹115.00 Cr, versus ₹46.00 Cr in Mar 2024 (150.0% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹-158.00 Cr against net profit of ₹115.00 Cr. Cash flow covered -1.37 times reported profit. The gap warrants checking receivables, working capital and one-off items in the cash-flow statement.

Balance-sheet check

Reported borrowings were ₹292.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

71
Bondada Engineering Ltd scores 71/100 (Strong)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health95/100 · Strong
ROCE 39.4% ExcellentROE 35.7% ExcellentD/E 0.40 ModerateInterest Coverage 7.4x StrongProfitable 5/5 available years Reported history
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 61.5% Stable
Earnings Quality50/100 · Moderate
CFO/NP ratio: -0.82x Poor cash conversionOPM expanding (7% → 10%) Improving
Quarterly Momentum50/100 · Moderate
Industry Rank100/100 · Strong
P/E 14.4 vs industry 41.9 Lower P/EROCE 39.4% vs industry 15.9% Above peersROE 35.7% vs industry 24.8% Above peers3Y sales CAGR: 68% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

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Share Price and Basic Stock Data

Last Updated: September 14, 2026, 3:30 pm

Market Cap 3,145 Cr.
Current Price 282
Intrinsic Value₹129.07
High / Low 503/215
Stock P/E14.4
Book Value 62.2
Dividend Yield0.10 %
ROCE39.4 %
ROE35.7 %
Face Value 2.00
PEG Ratio-0.98

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

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

View Share Price Target for Bondada Engineering Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Bondada Engineering Ltd 3,145 Cr. 282 503/21514.4 62.20.10 %39.4 %35.7 % 2.00
Jash Engineering Ltd 2,968 Cr. 470 573/32134.5 82.10.13 %17.7 %16.0 % 2.00
Thejo Engineering Ltd 2,379 Cr. 2,193 2,287/1,44441.1 3270.23 %19.4 %15.7 % 10.0
Sterling & Wilson Renewable Energy Ltd 4,209 Cr. 180 273/14813.5 27.80.00 %26.8 %40.1 % 1.00
Pitti Engineering Ltd 4,398 Cr. 1,168 1,228/67543.6 2530.21 %13.4 %10.6 % 5.00
Industry Average4,616.26 Cr617.2341.90127.400.30%15.85%24.83%6.04

All Competitor Stocks of Bondada Engineering Ltd

Quarterly Result

MetricDec 2024Sep 2025Dec 2025
Sales 376659712
Expenses 338581627
Operating Profit 387885
OPM % 10%12%12%
Other Income 325
Interest 71014
Depreciation 232
Profit before tax 336773
Tax % 25%22%26%
Net Profit 255254
EPS in Rs 2.254.754.76

Last Updated: February 2, 2026, 6:46 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 1:55 am

MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales 2242292873343718011,571
Expenses 2052112713143407321,396
Operating Profit 191816203168175
OPM % 9%8%6%6%8%9%11%
Other Income 0010038
Interest 22436925
Depreciation 2222214
Profit before tax 161412152462155
Tax % 29%27%21%31%23%25%25%
Net Profit 11109101846115
EPS in Rs 27.7124.7622.4624.732.254.1410.17
Dividend Payout % -0%-0%-0%2%1%1%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-9.09%-10.00%11.11%80.00%155.56%150.00%
Change in YoY Net Profit Growth (%)0.00%-0.91%21.11%68.89%75.56%-5.56%

Bondada Engineering Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.

Growth

Last Updated: September 5, 2025, 2:46 pm

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Balance Sheet

Last Updated: May 28, 2026, 4:30 am

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 0.820.820.820.8216222222
Reserves 2838475762141425672
Borrowings 264047388473182292
Other Liabilities 52607662892705661,055
Total Liabilities 1071401711582515051,1942,042
Fixed Assets 14131313154194155
CWIP 000002314
Investments 000122309
Other Assets 921261581442354601,0671,863
Total Assets 1071401711582515051,1942,042

Reserves and Borrowings Chart

Cash Flow

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 4-18311-3244-158125
Cash from Investing Activity + -5-1-2-2-12-52-121-63
Cash from Financing Activity + 6123-12452126990
Net Cash Flow 5-64-3013-10152
Free Cash Flow -1-1919-3616-19384
CFO/OP 21%-95%52%71%-95%78%-72%45%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
PeriodMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Free Cash Flow-1.00-19.001.009.00-36.0016.00-193.0084.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 741251088612694125
Inventory Days 1331842821001189694
Days Payable 1381521836389104108
Cash Conversion Cycle 6915720712315586110
Working Capital Days 30484750563863
ROCE %24%16%19%22%35%40%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters 63.33%63.33%63.33%63.33%63.33%63.33%63.34%62.42%61.55%61.55%61.57%61.52%
FIIs 0.01%0.48%0.95%0.60%0.80%1.03%1.28%1.35%1.29%0.65%0.58%0.53%
DIIs 0.00%0.00%0.00%0.00%0.00%0.02%0.00%0.22%0.24%0.28%0.14%0.12%
Public 36.66%36.20%35.71%36.08%35.89%35.61%35.37%36.02%36.93%37.53%37.72%37.84%
No. of Shareholders 1,7462,1832,0833,1123,7907,0739,02812,54613,97315,82816,16017,195

Shareholding Pattern Chart

No. of Shareholders

Bondada Engineering 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 2.0010.0010.0010.0010.00
Basic EPS (Rs.) 10.3323.1410.536.845.91
Diluted EPS (Rs.) 10.2823.1410.536.845.91
Cash EPS (Rs.) 10.8321.8811.92154.70136.62
Book Value[Excl.RevalReserv]/Share (Rs.) 40.6777.7351.81719.82582.42
Book Value[Incl.RevalReserv]/Share (Rs.) 40.6777.7351.81719.82582.42
Revenue From Operations / Share (Rs.) 143.08370.67232.994077.483501.13
PBDIT / Share (Rs.) 16.6933.0918.99251.66213.04
PBIT / Share (Rs.) 16.3632.6517.84229.53188.68
PBT / Share (Rs.) 14.1028.5514.33187.25141.84
Net Profit / Share (Rs.) 10.5021.4410.77132.57112.26
NP After MI And SOA / Share (Rs.) 10.1920.7010.52132.57112.26
PBDIT Margin (%) 11.668.928.156.176.08
PBIT Margin (%) 11.438.807.655.625.38
PBT Margin (%) 9.857.706.154.594.05
Net Profit Margin (%) 7.345.784.623.253.20
NP After MI And SOA Margin (%) 7.125.584.513.253.20
Return on Networth / Equity (%) 25.0527.5521.3518.4119.27
Return on Capital Employeed (%) 35.5237.2532.6330.1027.86
Return On Assets (%) 9.378.866.666.875.38
Long Term Debt / Equity (X) 0.030.090.050.050.12
Total Debt / Equity (X) 0.400.381.070.640.97
Asset Turnover Ratio (%) 1.852.120.001.850.00
Current Ratio (X) 1.531.421.421.501.36
Quick Ratio (X) 1.240.981.061.030.86
Inventory Turnover Ratio (X) 9.286.060.002.730.00
Dividend Payout Ratio (NP) (%) 0.280.420.970.000.00
Dividend Payout Ratio (CP) (%) 0.280.410.880.000.00
Earning Retention Ratio (%) 99.7299.5899.030.000.00
Cash Earning Retention Ratio (%) 99.7299.5999.120.000.00
Interest Coverage Ratio (X) 7.378.075.415.954.55
Interest Coverage Ratio (Post Tax) (X) 5.646.234.074.143.40
Enterprise Value (Cr.) 4234.421858.570.000.000.00
EV / Net Operating Revenue (X) 2.692.320.000.000.00
EV / EBITDA (X) 23.1026.000.000.000.00
MarketCap / Net Operating Revenue (X) 2.622.300.000.000.00
Retention Ratios (%) 99.7199.5799.020.000.00
Price / BV (X) 9.2211.340.000.000.00
Price / Net Operating Revenue (X) 2.622.300.000.000.00
EarningsYield 0.020.020.000.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of Bondada Engineering Ltd and is it undervalued?

Bondada Engineering Ltd: the stored intrinsic value estimate is ₹129.07, compared with a stored share price of ₹282.00. The model value is 54.2% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for Bondada Engineering Ltd?

The stored share price is ₹282.00. Price-data record updated: 14 September 2026, 3:30 pm +05:30. This is not a live quote. The stored 52-week high / low is 503/215; this is a rolling range, not a financial-year range.

How have Bondada Engineering Ltd's revenue and profit changed?

Revenue for Mar 2025 was ₹1,571.00 Cr, versus ₹801.00 Cr in Mar 2024 (96.1% year on year). Net profit for Mar 2025 was ₹115.00 Cr, versus ₹46.00 Cr in Mar 2024 (150.0% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Does Bondada Engineering Ltd's profit convert into cash?

For the same Mar 2025 period, operating cash flow was ₹-158.00 Cr against net profit of ₹115.00 Cr. Cash flow covered -1.37 times reported profit. The gap warrants checking receivables, working capital and one-off items in the cash-flow statement.

What should I check in Bondada Engineering Ltd's balance sheet?

Reported borrowings were ₹292.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare Bondada Engineering Ltd's P/E with other stocks?

The stored P/E is 14.40. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change Bondada Engineering Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.

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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 Bondada Engineering 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