Conart Engineers Ltd: Intrinsic Value & Share Price Analysis

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

Conart Engineers Ltd is trading at 95.00 as of 03 September 2026, with a FY2026-2027 high of 119 and low of 60.0. The stock is currently in the middle of its 52-week range. Market cap stands at 59.7 Cr..

Q: Is Conart Engineers Ltd financially healthy?

Key indicators: ROCE of 15.0 % is moderate. Dividend yield is 0.00 %.

Q: Is Conart Engineers Ltd profitable and how is the profit trend?

Conart Engineers Ltd reported a net profit of 3 Cr in Mar 2025 on revenue of 57 Cr. Compared to 1 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹81.37Overvalued by 14.35%vs CMP ₹95.00

P/E (16.1) × ROE (11.1%) × BV (₹55.80) × DY (2.00%)

₹78.29Overvalued by 17.59%vs CMP ₹95.00

MoS: -21.3% (Negative)Confidence: 53/100 (Moderate)Models: 1 Under, 2 Fair, 6 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹101.60	23%	Fair (+6.9%)
Graham Number	Earnings	₹87.94	17%	Fair (-7.4%)
Earnings Power	Earnings	₹34.85	11%	Over (-63.3%)
DCF	Cash Flow	₹151.09	11%	Under (+59%)
Net Asset Value	Assets	₹55.71	7%	Over (-41.4%)
EV/EBITDA	Enterprise	₹56.78	9%	Over (-40.2%)
Earnings Yield	Earnings	₹61.60	7%	Over (-35.2%)
ROCE Capital	Returns	₹30.78	7%	Over (-67.6%)
Revenue Multiple	Revenue	₹44.98	6%	Over (-52.7%)
Consensus (9 models)		₹78.29	100%	Overvalued

Key Drivers: Wide model spread (₹31–₹151) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 24.9%

*Investments are subject to market risks

Analyst Summary

Conart Engineers Ltd operates in the Construction, Contracting & Engineering segment, NSE: CONART | BSE: 522231, current market price is ₹95.00, market cap is 59.7 Cr.. At a glance, stock P/E is 16.1, ROE is 11.1 %, ROCE is 15.0 %, book value is 55.8, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹78.29, around 17.6% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹57 Cr versus the prior period change of 15.6%, while latest net profit is about ₹3 Cr with a prior-period change of -13.0%. The 52-week range shown on this page is 119/60.0, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisConart Engineers Ltd. is a Public Limited Listed company incorporated on 14/12/1973 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is…

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

Investment Snapshot

Conart Engineers Ltd scores 71/100 (Strong)

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

Stock Health72/100 · Strong

ROCE 15.0% GoodROE 11.1% AverageD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 44.2% Stable

Earnings Quality60/100 · Moderate

OPM stable around 7% SteadyWorking capital: 57 days (improving) Efficient

Quarterly Momentum100/100 · Strong

Revenue (4Q): +41% YoY AcceleratingProfit (4Q): +91% YoY StrongOPM: 6.1% (up 4.7% YoY) Margin expansion

Industry Rank65/100 · Strong

P/E 16.1 vs industry 56.1 Cheaper than peersROCE 15.0% vs industry 15.9% Average3Y sales CAGR: 16% Moderate

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, 9:45 am

Market Cap	59.7 Cr.
Current Price	95.0
Intrinsic Value	₹78.29
High / Low	119/60.0
Stock P/E	16.1
Book Value	55.8
Dividend Yield	0.00 %
ROCE	15.0 %
ROE	11.1 %
Face Value	5.00
PEG Ratio	0.65

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Conart Engineers Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Conart Engineers Ltd	59.7 Cr.	95.0	119/60.0	16.1	55.8	0.00 %	15.0 %	11.1 %	5.00
Nila Spaces Ltd	502 Cr.	12.8	20.5/10.7	16.1	4.34	0.00 %	31.3 %	18.2 %	1.00
Geecee Ventures Ltd	771 Cr.	369	399/216	16.9	399	0.54 %	6.31 %	5.21 %	10.0
Ajmera Realty & Infra India Ltd	2,334 Cr.	119	221/98.0	15.1	71.1	0.76 %	14.3 %	11.5 %	2.00
Arihant Foundations & Housing Ltd	996 Cr.	1,000	1,288/715	14.6	373	0.00 %	17.5 %	17.3 %	10.0
Industry Average	3,397.60 Cr	163.90		56.07	127.05	0.23%	15.90%	10.54%	21.58

All Competitor Stocks of Conart Engineers 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	8.01	8.53	8.69	11.64	13.77	13.77	9.92	10.57	14.16	21.88	14.78	16.23	15.61
Expenses	7.16	7.65	8.45	10.72	12.14	12.14	9.68	10.31	13.96	19.63	14.33	14.73	14.66
Operating Profit	0.85	0.88	0.24	0.92	1.63	1.63	0.24	0.26	0.20	2.25	0.45	1.50	0.95
OPM %	10.61%	10.32%	2.76%	7.90%	11.84%	11.84%	2.42%	2.46%	1.41%	10.28%	3.04%	9.24%	6.09%
Other Income	0.04	0.05	0.09	0.27	0.04	0.04	0.10	0.05	0.07	0.30	1.01	0.41	0.06
Interest	0.00	0.00	0.01	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.13	0.15	0.15	0.15	0.14	0.14	0.15	0.14	0.18	0.07	0.16	0.18	0.20
Profit before tax	0.76	0.78	0.17	1.04	1.53	1.53	0.18	0.17	0.09	2.48	1.30	1.73	0.81
Tax %	25.00%	14.10%	29.41%	8.65%	24.18%	24.18%	-66.67%	-111.76%	-122.22%	49.60%	45.38%	24.86%	25.93%
Net Profit	0.57	0.66	0.13	0.95	1.16	1.16	0.30	0.36	0.21	1.25	0.72	1.29	0.61
EPS in Rs	0.90	1.05	0.21	1.51	1.84	1.84	0.48	0.57	0.33	1.99	1.15	2.05	0.97

Last Updated: March 3, 2026, 11:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 2:46 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	8.42	19.11	20.75	20.43	22.51	31.03	25.22	21.71	36.56	35.49	48.89	56.53	68.50
Expenses	8.62	18.41	19.06	18.49	20.68	28.71	23.81	20.80	34.77	32.56	45.32	52.61	63.35
Operating Profit	-0.20	0.70	1.69	1.94	1.83	2.32	1.41	0.91	1.79	2.93	3.57	3.92	5.15
OPM %	-2.38%	3.66%	8.14%	9.50%	8.13%	7.48%	5.59%	4.19%	4.90%	8.26%	7.30%	6.93%	7.52%
Other Income	0.90	1.04	0.48	0.54	0.33	0.44	0.67	0.95	0.41	0.17	0.55	0.51	1.78
Interest	0.07	0.03	0.03	0.05	0.05	0.00	0.01	0.01	0.00	0.03	0.03	0.02	0.00
Depreciation	0.47	0.53	0.51	0.52	0.49	0.50	0.51	0.44	0.47	0.54	0.60	0.54	0.61
Profit before tax	0.16	1.18	1.63	1.91	1.62	2.26	1.56	1.41	1.73	2.53	3.49	3.87	6.32
Tax %	50.00%	5.08%	31.29%	32.98%	25.93%	26.11%	23.72%	26.95%	26.01%	21.74%	11.75%	30.75%
Net Profit	0.08	1.12	1.12	1.29	1.20	1.67	1.19	1.04	1.28	1.97	3.08	2.68	3.87
EPS in Rs	0.13	1.87	1.87	2.15	1.90	2.65	1.89	1.65	2.03	3.13	4.89	4.27	6.16
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	26.39%	0.00%	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 (%)	1300.00%	0.00%	15.18%	-6.98%	39.17%	-28.74%	-12.61%	23.08%	53.91%	56.35%	-12.99%
Change in YoY Net Profit Growth (%)	0.00%	-1300.00%	15.18%	-22.16%	46.14%	-67.91%	16.14%	35.68%	30.83%	2.44%	-69.33%

Conart Engineers 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:	11%
5 Years:	18%
3 Years:	16%
TTM:	25%

Compounded Profit Growth
10 Years:	8%
5 Years:	26%
3 Years:	30%
TTM:	-8%

Stock Price CAGR
10 Years:	24%
5 Years:	61%
3 Years:	77%
1 Year:	45%

Return on Equity
10 Years:	7%
5 Years:	7%
3 Years:	9%
Last Year:	8%

Last Updated: September 5, 2025, 3:01 pm

Balance Sheet

Last Updated: August 12, 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	3.00	3.00	3.00	3.14	3.14	3.14	3.14	3.14	3.14	3.14	3.14	3.14
Reserves	10.54	11.66	12.96	14.65	16.40	17.41	18.22	19.92	22.14	25.89	28.98	31.87
Borrowings	0.08	0.30	0.19	0.07	-0.00	-0.00	-0.00	-0.00	0.05	0.04	0.02	-0.00
Other Liabilities	2.61	2.77	3.40	4.07	6.22	4.49	4.26	4.92	4.37	4.51	9.68	8.45
Total Liabilities	16.23	17.73	19.55	21.93	25.76	25.04	25.62	27.98	29.70	33.58	41.82	43.46
Fixed Assets	3.42	3.82	3.38	5.04	5.12	4.21	3.99	4.54	5.92	5.33	5.84	6.37
CWIP	-0.00	0.01	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00
Investments	2.34	2.05	2.07	3.23	3.26	6.94	8.40	7.35	7.74	10.09	11.56	10.91
Other Assets	10.47	11.85	14.10	13.66	17.38	13.89	13.23	16.09	16.04	18.16	24.42	26.18
Total Assets	16.23	17.73	19.55	21.93	25.76	25.04	25.62	27.98	29.70	33.58	41.82	43.46

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 +	2.41	-0.41	0.14	1.25	-0.49	1.93	1.99	-1.48	4.07	0.91	4.91	-1.46
Cash from Investing Activity +	0.97	-0.61	-0.05	-3.21	-0.44	-2.74	-1.15	0.70	-1.88	-1.08	-1.65	0.10
Cash from Financing Activity +	-0.21	0.22	-0.11	0.60	-0.07	-0.39	-0.01	0.00	0.01	-0.03	-0.03	-0.02
Net Cash Flow	3.17	-0.80	-0.02	-1.36	-1.00	-1.20	0.83	-0.78	2.20	-0.20	3.24	-1.39
Free Cash Flow	2.18	-1.34	0.07	1.02	-1.37	2.34	1.77	-3.11	2.15	0.93	3.95	-2.66
CFO/OP	397%	-2%	17%	94%	-3%	164%	184%	-71%	152%	48%	148%	-3%

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	-0.20	0.62	1.39	1.75	1.76	2.32	1.41	0.91	1.79	2.88	3.53	3.90

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	153.46	54.82	66.84	125.60	120.48	126.57	137.63	107.60	99.64	63.56	77.05	56.04
Inventory Days	90.92	34.83	101.04	92.66	150.52	119.10	83.03	212.39	120.20	124.58	71.76	182.00
Days Payable	163.11	48.09	95.72	93.60	162.34	137.91	95.65	124.63	84.29	50.84	41.03	102.39
Cash Conversion Cycle	81.26	41.56	72.16	124.66	108.65	107.76	125.02	195.35	135.55	137.30	107.78	135.66
Working Capital Days	101.44	27.31	59.98	103.44	101.34	105.28	124.90	124.92	103.13	91.22	79.29	56.69
ROCE %	1.86%	9.45%	11.69%	12.47%	9.82%	12.14%	5.39%	2.77%	7.20%	10.33%	11.62%	12.19%

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	44.54%	44.55%	44.55%	44.55%	44.55%	44.23%	44.23%	44.23%	44.23%	44.24%	44.24%	44.24%
FIIs	0.00%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	55.46%	55.17%	55.45%	55.44%	55.44%	55.76%	55.77%	55.77%	55.77%	55.76%	55.75%	55.75%
No. of Shareholders	3,874	3,999	4,525	5,190	5,696	6,253	6,393	6,105	5,796	5,581	5,469	5,404

Shareholding Pattern Chart

No. of Shareholders

Conart Engineers 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 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	5.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	4.26	9.81	6.29	4.09	3.30
Diluted EPS (Rs.)	4.26	9.81	6.29	4.09	3.30
Cash EPS (Rs.)	5.12	11.73	8.02	5.57	4.70
Book Value[Excl.RevalReserv]/Share (Rs.)	51.15	92.44	80.50	73.43	68.04
Book Value[Incl.RevalReserv]/Share (Rs.)	51.15	92.44	80.50	73.43	68.04
Revenue From Operations / Share (Rs.)	90.02	155.71	113.01	116.43	69.14
PBDIT / Share (Rs.)	7.06	13.07	9.88	7.01	5.94
PBIT / Share (Rs.)	6.20	11.16	8.15	5.53	4.53
PBT / Share (Rs.)	6.17	11.10	8.06	5.53	4.49
Net Profit / Share (Rs.)	4.26	9.81	6.29	4.09	3.30
PBDIT Margin (%)	7.83	8.39	8.74	6.01	8.59
PBIT Margin (%)	6.88	7.16	7.20	4.74	6.55
PBT Margin (%)	6.85	7.13	7.13	4.74	6.49
Net Profit Margin (%)	4.73	6.30	5.56	3.51	4.76
Return on Networth / Equity (%)	8.33	10.61	7.81	5.57	4.84
Return on Capital Employeed (%)	12.10	12.20	10.04	7.49	6.63
Return On Assets (%)	6.40	9.27	6.64	4.58	4.04
Asset Turnover Ratio (%)	1.51	1.55	1.23	1.36	0.85
Current Ratio (X)	3.56	5.95	5.57	4.76	5.10
Quick Ratio (X)	2.63	5.03	3.99	3.74	3.89
Inventory Turnover Ratio (X)	8.56	3.58	3.66	2.96	2.69
Interest Coverage Ratio (X)	261.81	236.45	115.30	8251.51	130.66
Interest Coverage Ratio (Post Tax) (X)	159.23	178.44	74.40	4818.06	73.50
Enterprise Value (Cr.)	38.52	26.35	9.22	9.80	6.99
EV / Net Operating Revenue (X)	0.68	0.53	0.25	0.26	0.32
EV / EBITDA (X)	8.69	6.42	2.97	4.45	3.75
MarketCap / Net Operating Revenue (X)	0.78	0.59	0.33	0.28	0.37
Price / BV (X)	1.38	0.99	0.47	0.45	0.38
Price / Net Operating Revenue (X)	0.78	0.59	0.33	0.28	0.37
EarningsYield	0.06	0.10	0.16	0.12	0.12

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 Conart Engineers Ltd and is it undervalued?

As of 03 September 2026, Conart Engineers Ltd's intrinsic value is ₹78.29, which is 17.59% lower than the current market price of ₹95.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (11.1 %), book value (₹55.8), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Conart Engineers Ltd?

Conart Engineers Ltd is trading at ₹95.00 as of 03 September 2026, with a FY2026-2027 high of ₹119 and low of ₹60.0. The stock is currently in the middle of its 52-week range. Market cap stands at ₹59.7 Cr..

How does Conart Engineers Ltd's P/E ratio compare to its industry?

Conart Engineers Ltd has a P/E ratio of 16.1, which is below the industry average of 56.07. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Conart Engineers Ltd financially healthy?

Key indicators for Conart Engineers Ltd: ROCE of 15.0 % is moderate. Dividend yield is 0.00 %.

Is Conart Engineers Ltd profitable and how is the profit trend?

Conart Engineers Ltd reported a net profit of ₹3 Cr in Mar 2025 on revenue of ₹57 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Conart Engineers Ltd pay dividends?

Conart Engineers Ltd has a dividend yield of 0.00 % at the current price of ₹95.00. The company is currently not paying meaningful dividends.