Choksi Imaging Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Choksi Imaging Ltd?

Choksi Imaging Ltd is trading at 243.00 as of 12 September 2026, with a FY2026-2027 high of 266 and low of 75.0. The stock is currently near its 52-week high. Market cap stands at 138 Cr..

Q: How does Choksi Imaging Ltd's P/E ratio compare to its industry?

Choksi Imaging Ltd has a P/E ratio of 26.7, which is above the industry average of 8.90. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced.

Q: Is Choksi Imaging Ltd financially healthy?

Key indicators: ROCE of 18.5 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is Choksi Imaging Ltd profitable and how is the profit trend?

Choksi Imaging Ltd reported a net profit of 3 Cr in Mar 2025 on revenue of 37 Cr. Compared to 0 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹233.46Fairly Valued by 3.93%vs CMP ₹243.00

P/E (26.7) × ROE (14.5%) × BV (₹73.90) × DY (2.00%)

₹173.12Overvalued by 28.76%vs CMP ₹243.00

MoS: -40.4% (Negative)Confidence: 54/100 (Moderate)Models: 1 Under, 1 Fair, 6 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹383.05	26%	Under (+57.6%)
Graham Number	Earnings	₹127.72	16%	Over (-47.4%)
Earnings Power	Earnings	₹16.62	13%	Over (-93.2%)
DCF	Cash Flow	₹223.86	13%	Fair (-7.9%)
Net Asset Value	Assets	₹74.15	8%	Over (-69.5%)
EV/EBITDA	Enterprise	₹66.88	10%	Over (-72.5%)
Earnings Yield	Earnings	₹98.10	8%	Over (-59.6%)
Revenue Multiple	Revenue	₹32.56	6%	Over (-86.6%)
Consensus (8 models)		₹173.12	100%	Overvalued

Key Drivers: EPS CAGR 64.1% lifts DCF — verify sustainability. | Wide model spread (₹17–₹383) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 64.1%

*Investments are subject to market risks

Analyst Summary

Choksi Imaging Ltd operates in the Photographic & Allied Products segment, current market price is ₹243.00, market cap is 138 Cr.. At a glance, stock P/E is 26.7, ROE is 14.5 %, ROCE is 18.5 %, book value is 73.9, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹173.12, around 28.8% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹37 Cr versus the prior period change of 131.3%, while latest net profit is about ₹3 Cr with a prior-period change of 123.0%. The 52-week range shown on this page is 266/75.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisChoksi Asia Ltd. is a Public Limited Listed company incorporated on 01/10/1992 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L2429…

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

Investment Snapshot

Choksi Imaging Ltd scores 73/100 (Strong)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health69/100 · Strong

ROCE 18.5% GoodROE 14.5% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed

Smart Money60/100 · Moderate

FII holding up 0.18% (6mo) Slight increasePromoter holding at 71.2% Stable

Earnings Quality55/100 · Moderate

OPM expanding (-123% → 5%) ImprovingWorking capital: 138 days Capital intensive

Quarterly Momentum100/100 · Strong

Revenue (4Q): +167% YoY AcceleratingProfit (4Q): +242% YoY StrongOPM: 14.6% (up 17.8% YoY) Margin expansion

Industry Rank85/100 · Strong

P/E 26.7 vs industry 26.7 In-lineROCE 18.5% vs industry 9.7% Above peersROE 14.5% vs industry 8.8% Above peers3Y sales CAGR: 147% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 8:31 am

Market Cap	138 Cr.
Current Price	243
Intrinsic Value	₹173.12
High / Low	266/75.0
Stock P/E	26.7
Book Value	73.9
Dividend Yield	0.00 %
ROCE	18.5 %
ROE	14.5 %
Face Value	10.0
PEG Ratio	0.42

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Choksi Imaging Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Choksi Imaging Ltd	138 Cr.	243	266/75.0	26.7	73.9	0.00 %	18.5 %	14.5 %	10.0
Universus Photo Imagings Ltd	492 Cr.	449	518/176		741	0.00 %	9.34 %	9.49 %	10.0
Jindal Photo Ltd	1,046 Cr.	1,020	1,635/835		992	0.00 %	1.38 %	2.29 %	10.0
Industry Average	558.67 Cr	570.67		26.70	602.30	0.00%	9.74%	8.76%	10.00

All Competitor Stocks of Choksi Imaging Ltd

Quarterly Result

Metric	Dec 2022	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	0.04	0.28	0.40	0.52	3.04	0.15	1.37	8.42	8.67	12.15	11.90	13.29	12.26
Expenses	0.53	0.45	0.77	1.15	3.23	0.56	1.09	7.45	8.95	10.91	10.51	11.69	10.47
Operating Profit	-0.49	-0.17	-0.37	-0.63	-0.19	-0.41	0.28	0.97	-0.28	1.24	1.39	1.60	1.79
OPM %	-1,225.00%	-60.71%	-92.50%	-121.15%	-6.25%	-273.33%	20.44%	11.52%	-3.23%	10.21%	11.68%	12.04%	14.60%
Other Income	0.40	0.24	0.38	0.20	0.47	0.25	0.19	0.24	0.82	0.23	0.29	0.29	0.52
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.13	0.12	0.09	0.10	0.14	0.09
Depreciation	0.04	0.04	0.04	0.04	0.05	0.04	0.04	0.04	0.05	0.04	0.06	0.08	0.05
Profit before tax	-0.13	0.03	-0.03	-0.47	0.23	-0.20	0.43	1.04	0.37	1.34	1.52	1.67	2.17
Tax %	-7.69%	-33.33%	0.00%	0.00%	-173.91%	-255.00%	16.28%	36.54%	40.54%	47.01%	28.95%	19.16%	1.38%
Net Profit	-0.12	0.04	-0.03	-0.47	0.63	0.31	0.36	0.65	0.22	0.71	1.07	1.35	2.13
EPS in Rs	-0.31	0.10	-0.08	-1.21	1.62	0.79	0.92	1.67	0.56	1.82	1.88	2.37	3.74

Last Updated: March 3, 2026, 2:00 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 7:46 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	170.21	108.03	45.96	27.26	23.08	17.33	16.00	11.16	2.46	0.77	15.99	36.98	49.60
Expenses	172.79	106.19	43.40	26.31	21.77	17.75	17.42	12.85	3.92	2.21	16.01	33.17	43.58
Operating Profit	-2.58	1.84	2.56	0.95	1.31	-0.42	-1.42	-1.69	-1.46	-1.44	-0.02	3.81	6.02
OPM %	-1.52%	1.70%	5.57%	3.48%	5.68%	-2.42%	-8.88%	-15.14%	-59.35%	-187.01%	-0.13%	10.30%	12.14%
Other Income	0.06	0.07	0.40	0.43	0.74	1.64	1.06	4.58	1.14	1.16	2.10	1.58	1.33
Interest	3.29	1.56	0.37	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.40	0.48	0.42
Depreciation	0.60	0.44	0.41	0.39	0.22	0.21	0.17	0.19	0.17	0.16	0.18	0.18	0.23
Profit before tax	-6.41	-0.09	2.18	0.99	1.83	1.01	-0.53	2.70	-0.49	-0.44	1.50	4.73	6.70
Tax %	0.94%	-577.78%	0.92%	22.22%	30.05%	14.85%	5.66%	29.26%	-12.24%	6.82%	7.33%	34.25%
Net Profit	-6.46	0.42	2.17	0.77	1.29	0.86	-0.56	1.91	-0.42	-0.48	1.39	3.10	5.26
EPS in Rs	-16.56	1.08	5.56	1.97	3.31	2.21	-1.44	4.90	-1.08	-1.23	3.56	7.95	9.81
Dividend Payout %	0.00%	46.43%	17.97%	37.99%	22.67%	22.67%	0.00%	51.05%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	106.50%	416.67%	-64.52%	67.53%	-33.33%	-165.12%	441.07%	-121.99%	-14.29%	389.58%	123.02%
Change in YoY Net Profit Growth (%)	0.00%	310.17%	-481.18%	132.05%	-100.87%	-131.78%	606.19%	-563.06%	107.70%	403.87%	-266.56%

Choksi Imaging Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-10%
5 Years:	18%
3 Years:	147%
TTM:	710%

Compounded Profit Growth
10 Years:	22%
5 Years:	50%
3 Years:	111%
TTM:	234%

Stock Price CAGR
10 Years:	16%
5 Years:	42%
3 Years:	38%
1 Year:	31%

Return on Equity
10 Years:	5%
5 Years:	4%
3 Years:	4%
Last Year:	12%

Last Updated: September 5, 2025, 1:50 pm

Balance Sheet

Last Updated: July 27, 2026, 4:00 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3.90	3.90	3.90	3.90	3.90	3.90	3.90	3.90	3.90	5.70	5.70	11.09
Reserves	8.31	10.01	10.99	11.92	12.42	11.62	13.53	12.09	11.62	22.37	25.79	31.02
Borrowings	6.43	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.21	10.16	1.92
Other Liabilities	17.09	22.45	20.80	20.88	20.91	20.08	3.79	2.42	2.53	4.51	5.52	3.40
Total Liabilities	35.73	36.36	35.69	36.70	37.23	35.60	21.22	18.41	18.05	41.79	47.17	47.43
Fixed Assets	8.81	8.50	8.03	7.81	7.51	7.34	6.12	5.95	5.79	14.95	15.58	16.39
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	3.87	7.49	5.36	2.93	6.87	0.78	3.35	0.00	0.00	0.00	0.00
Other Assets	26.92	23.99	20.17	23.53	26.79	21.39	14.32	9.11	12.26	26.84	31.59	31.04
Total Assets	35.73	36.36	35.69	36.70	37.23	35.60	21.22	18.41	18.05	41.79	47.17	47.43

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	10.64	7.93	1.65	5.49	2.42	-2.52	-2.82	-0.56	-2.52	2.68	-2.87	0.74
Cash from Investing Activity +	-0.12	-0.17	-0.01	0.00	0.58	-0.01	1.96	-2.49	3.35	1.52	0.63	0.08
Cash from Financing Activity +	-11.45	-6.90	0.00	-0.35	-0.35	-0.24	0.00	-0.98	0.00	0.47	-1.20	-3.40
Net Cash Flow	-0.94	0.86	1.65	5.14	2.64	-2.77	-0.85	-4.02	0.83	4.67	-3.43	-2.58
Free Cash Flow	10.52	7.76	1.64	5.49	3.00	-2.53	-0.86	-0.56	-2.52	2.79	-3.69	-0.35
CFO/OP	578%	308%	174%	422%	-581%	177%	153%	25%	175%	-13,400%	-75%	11%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-2.58	-4.59	2.56	0.95	1.31	-0.42	-1.42	-1.69	-1.46	-1.44	-9.23	-6.35

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

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	49.43	32.77	63.45	78.86	106.43	103.41	107.68	32.71	89.02	180.13	81.72	82.22
Inventory Days	33.90	46.51	101.48	125.37	89.13	155.93	112.84	34.47	71.32	1,971.00	149.98	106.20
Days Payable	44.60	53.76	209.89	350.06	406.96	502.85	531.07	44.81	27.27	87.60	46.49	39.44
Cash Conversion Cycle	38.73	25.52	-44.96	-145.82	-211.39	-243.51	-310.55	22.37	133.08	2,063.53	185.21	148.99
Working Capital Days	0.88	4.05	-12.31	-74.85	-114.50	-139.43	-178.17	77.19	381.32	2,360.65	131.25	138.28
ROCE %	-7.60%	6.00%	15.67%	6.53%	9.64%	5.66%	-3.33%	16.39%	-2.93%	-2.79%	7.20%	13.20%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	63.44%	63.44%	63.44%	63.44%	62.22%	62.22%	62.22%	62.22%	71.15%	71.15%	71.15%	71.15%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.18%
Public	36.55%	36.55%	36.55%	36.56%	37.77%	37.78%	37.77%	37.78%	28.85%	28.84%	28.85%	28.67%
No. of Shareholders	3,029	3,055	3,100	3,001	2,976	3,277	3,189	3,132	3,087	3,038	2,982	2,960

Shareholding Pattern Chart

No. of Shareholders

Choksi Imaging 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

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-1.17	-1.22	-1.08	4.89	-1.42
Diluted EPS (Rs.)	-1.17	-1.22	-1.08	4.89	-1.42
Cash EPS (Rs.)	-0.75	-0.80	-0.65	5.37	-0.97
Book Value[Excl.RevalReserv]/Share (Rs.)	38.61	39.79	41.01	44.69	39.80
Book Value[Incl.RevalReserv]/Share (Rs.)	38.61	39.79	41.01	44.69	39.80
Dividend / Share (Rs.)	0.00	0.00	2.50	2.50	0.00
Revenue From Operations / Share (Rs.)	3.25	1.97	6.32	28.62	41.03
PBDIT / Share (Rs.)	-2.08	-0.72	-0.80	7.41	-0.91
PBIT / Share (Rs.)	-2.50	-1.14	-1.23	6.94	-1.36
PBT / Share (Rs.)	-2.50	-1.14	-1.23	6.94	-1.36
Net Profit / Share (Rs.)	-1.17	-1.22	-1.08	4.89	-1.42
PBDIT Margin (%)	-63.99	-36.54	-12.78	25.90	-2.22
PBIT Margin (%)	-76.93	-57.77	-19.51	24.24	-3.32
PBT Margin (%)	-76.93	-57.77	-19.51	24.24	-3.32
Net Profit Margin (%)	-36.05	-61.80	-17.16	17.09	-3.47
Return on Networth / Equity (%)	-3.03	-3.06	-2.64	10.94	-3.57
Return on Capital Employeed (%)	-6.18	-2.65	-2.80	14.50	-3.28
Return On Assets (%)	-2.69	-2.63	-2.29	8.99	-1.56
Asset Turnover Ratio (%)	0.07	0.04	0.12	0.39	0.43
Current Ratio (X)	7.81	7.89	8.42	5.10	1.37
Quick Ratio (X)	6.61	5.85	8.14	4.74	1.17
Inventory Turnover Ratio (X)	0.48	0.54	0.39	2.62	2.18
Dividend Payout Ratio (NP) (%)	0.00	0.00	-230.49	0.00	-35.09
Dividend Payout Ratio (CP) (%)	0.00	0.00	-379.37	0.00	-51.20
Earning Retention Ratio (%)	0.00	0.00	330.49	0.00	135.09
Cash Earning Retention Ratio (%)	0.00	0.00	479.37	0.00	151.20
Enterprise Value (Cr.)	18.37	12.63	11.86	1.13	-4.65
EV / Net Operating Revenue (X)	14.50	16.42	4.81	0.10	-0.29
EV / EBITDA (X)	-22.66	-44.93	-37.66	0.39	13.05
MarketCap / Net Operating Revenue (X)	18.31	21.80	6.16	0.75	0.22
Retention Ratios (%)	0.00	0.00	330.49	0.00	135.09
Price / BV (X)	1.54	1.08	0.94	0.48	0.22
Price / Net Operating Revenue (X)	18.32	21.81	6.16	0.75	0.22
EarningsYield	-0.01	-0.02	-0.02	0.22	-0.15

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of Choksi Imaging Ltd and is it undervalued?

As of 12 September 2026, Choksi Imaging Ltd's intrinsic value is ₹173.12, which is 28.76% lower than the current market price of ₹243.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (14.5 %), book value (₹73.9), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Choksi Imaging Ltd?

Choksi Imaging Ltd is trading at ₹243.00 as of 12 September 2026, with a FY2026-2027 high of ₹266 and low of ₹75.0. The stock is currently near its 52-week high. Market cap stands at ₹138 Cr..

How does Choksi Imaging Ltd's P/E ratio compare to its industry?

Choksi Imaging Ltd has a P/E ratio of 26.7, which is below the industry average of 26.70. This is broadly in line with or below the industry average.

Is Choksi Imaging Ltd financially healthy?

Key indicators for Choksi Imaging Ltd: ROCE of 18.5 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Is Choksi Imaging Ltd profitable and how is the profit trend?

Choksi Imaging Ltd reported a net profit of ₹3 Cr in Mar 2025 on revenue of ₹37 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does Choksi Imaging Ltd pay dividends?

Choksi Imaging Ltd has a dividend yield of 0.00 % at the current price of ₹243.00. The company is currently not paying meaningful dividends.