IEL Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of IEL Ltd and is it undervalued?

As of 09 April 2026, IEL Ltd's intrinsic value is 0.93, which is 84.21% lower than the current market price of 5.89, suggesting the stock is overvalued. Calculated using the PE ratio method factoring in ROE (1.91 %), book value (3.37), dividend yield (0.00 %), and 5-year EPS CAGR.

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

IEL Ltd is trading at 5.89 as of 09 April 2026, with a FY2026-2027 high of 10.3 and low of 4.00. The stock is currently in the middle of its 52-week range. Market cap stands at 76.8 Cr..

Q: Is IEL Ltd financially healthy?

Key indicators: ROCE of 2.51 % is on the lower side. Dividend yield is 0.00 %.

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

IEL Ltd reported a net profit of 0 Cr in Mar 2025 on revenue of 6 Cr. Compared to 0 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹0.79Overvalued by 86.59%vs CMP ₹5.89

P/E (15.0) × ROE (1.9%) × BV (₹3.37) × DY (2.00%)

Defaults: P/E=15

₹0.93Overvalued by 84.21%vs CMP ₹5.89

MoS: -533.3% (Negative)Confidence: 68/100 (Moderate)Models: All 9: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹0.78	19%	Over (-86.8%)
Graham Number	Earnings	₹1.51	17%	Over (-74.4%)
Earnings Power	Earnings	₹0.39	11%	Over (-93.4%)
DCF	Cash Flow	₹0.28	14%	Over (-95.2%)
Net Asset Value	Assets	₹3.37	8%	Over (-42.8%)
EV/EBITDA	Enterprise	₹0.42	10%	Over (-92.9%)
Earnings Yield	Earnings	₹0.30	8%	Over (-94.9%)
ROCE Capital	Returns	₹1.07	8%	Over (-81.8%)
Revenue Multiple	Revenue	₹0.71	6%	Over (-87.9%)
Consensus (9 models)		₹0.93	100%	Overvalued

Key Drivers: ROE 1.9% is below cost of equity. | Wide model spread (₹0–₹3) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -1.3% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

IEL Ltd scores 49/100 (Average)

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

Stock Health58/100 · Moderate

ROCE 2.5% WeakROE 1.9% WeakD/E -0.01 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

Promoter holding at 0.0% Stable

Earnings Quality55/100 · Moderate

OPM expanding (-6% → 6%) ImprovingWorking capital: 1,241 days Capital intensive

Quarterly Momentum35/100 · Weak

Revenue (4Q): -96% YoY DecliningProfit (4Q): -180% YoY DecliningOPM: 81.8% (up 14.3% YoY) Margin expansion

Industry Rank40/100 · Moderate

ROCE 2.5% vs industry 14.3% Below peersROE 1.9% vs industry 12.9% Below peers3Y sales CAGR: 113% 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. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:49 am

Market Cap	76.8 Cr.
Current Price	5.89
Intrinsic Value	₹0.93
High / Low	10.3/4.00
Stock P/E
Book Value	3.37
Dividend Yield	0.00 %
ROCE	2.51 %
ROE	1.91 %
Face Value	1.00
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for IEL Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modi Naturals Ltd	403 Cr.	303	610/252	10.4	107	0.00 %	18.7 %	29.2 %	10.0
IEL Ltd	76.8 Cr.	5.89	10.3/4.00		3.37	0.00 %	2.51 %	1.91 %	1.00
Evexia Lifecare Ltd	95.7 Cr.	0.51	2.99/0.51	59.8	3.02	0.00 %	0.30 %	0.32 %	1.00
Diligent Industries Ltd	53.6 Cr.	2.25	3.95/1.57	20.6	2.79	0.00 %	7.06 %	6.09 %	1.00
CIAN Agro Industries & Infrastructure Ltd	1,996 Cr.	713	3,633/357	4,338	33.0	0.00 %	8.54 %	1.06 %	10.0
Industry Average	11,412.83 Cr	130.95		263.21	37.26	0.19%	14.31%	12.90%	4.29

All Competitor Stocks of IEL 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	5.91	1.03	1.61	1.04	5.49	9.12	5.31	0.00	0.40	0.01	0.00	0.00	0.55
Expenses	4.97	1.11	1.52	1.08	5.35	8.93	5.12	0.05	0.13	0.27	0.78	0.13	0.10
Operating Profit	0.94	-0.08	0.09	-0.04	0.14	0.19	0.19	-0.05	0.27	-0.26	-0.78	-0.13	0.45
OPM %	15.91%	-7.77%	5.59%	-3.85%	2.55%	2.08%	3.58%		67.50%	-2,600.00%			81.82%
Other Income	0.00	0.03	0.00	0.00	0.00	0.00	0.22	0.22	0.02	0.00	0.05	0.00	0.03
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.02	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Profit before tax	0.92	-0.05	0.08	-0.05	0.13	0.18	0.40	0.16	0.28	-0.27	-0.74	-0.14	0.47
Tax %	0.00%	-20.00%	25.00%	0.00%	15.38%	27.78%	25.00%	18.75%	25.00%	-18.52%	0.00%	0.00%	2.13%
Net Profit	0.92	-0.04	0.06	-0.05	0.11	0.14	0.31	0.13	0.21	-0.22	-0.74	-0.14	0.47
EPS in Rs	0.07	-0.00	0.00	-0.00	0.01	0.01	0.02	0.01	0.02	-0.02	-0.06	-0.01	0.04

Last Updated: March 3, 2026, 9:08 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 7:25 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	1.48	0.02	-0.06	0.00	1.26	2.12	3.87	0.96	0.64	10.19	17.26	6.16	0.56
Expenses	2.11	2.15	0.29	0.32	1.42	2.22	3.98	1.11	0.82	8.64	16.88	5.55	1.28
Operating Profit	-0.63	-2.13	-0.35	-0.32	-0.16	-0.10	-0.11	-0.15	-0.18	1.55	0.38	0.61	-0.72
OPM %	-42.57%	-10,650.00%			-12.70%	-4.72%	-2.84%	-15.62%	-28.12%	15.21%	2.20%	9.90%	-128.57%
Other Income	0.03	0.17	0.05	0.20	0.20	0.32	0.22	0.38	0.59	0.87	0.00	0.01	0.08
Interest	0.01	0.00	0.03	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.05	0.17	0.11	0.10	0.10	0.09	0.09	0.09	0.09	0.07	0.03	0.03	0.04
Profit before tax	-0.66	-2.13	-0.44	-0.22	-0.07	0.13	0.02	0.14	0.32	2.35	0.35	0.59	-0.68
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.43%	25.71%	25.42%
Net Profit	-0.67	-2.13	-0.44	-0.22	-0.07	0.12	0.02	0.14	0.32	2.37	0.26	0.43	-0.63
EPS in Rs	-0.05	-0.16	-0.03	-0.02	-0.01	0.01	0.00	0.01	0.02	0.18	0.02	0.03	-0.05
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	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 (%)	-217.91%	79.34%	50.00%	68.18%	271.43%	-83.33%	600.00%	128.57%	640.62%	-89.03%	65.38%
Change in YoY Net Profit Growth (%)	0.00%	297.25%	-29.34%	18.18%	203.25%	-354.76%	683.33%	-471.43%	512.05%	-729.65%	154.41%

IEL 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:	77%
5 Years:	10%
3 Years:	113%
TTM:	-98%

Compounded Profit Growth
10 Years:	8%
5 Years:	85%
3 Years:	10%
TTM:	-222%

Stock Price CAGR
10 Years:	14%
5 Years:	77%
3 Years:	-1%
1 Year:	28%

Return on Equity
10 Years:	7%
5 Years:	12%
3 Years:	12%
Last Year:	2%

Last Updated: September 5, 2025, 3:41 pm

Balance Sheet

Last Updated: December 4, 2025, 3:04 am

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	Sep 2025
Equity Capital	3.34	3.34	3.34	3.34	3.34	3.34	3.34	3.34	3.34	3.34	3.34	13.04	13.04
Reserves	1.00	-1.13	-1.57	-0.90	-1.86	-1.74	-1.72	-1.58	-1.26	-2.37	-2.11	31.79	30.91
Borrowings	0.96	0.91	1.00	0.01	0.91	0.91	0.90	0.91	0.91	0.90	0.90	0.90	0.90
Other Liabilities	2.00	1.31	1.53	1.76	3.90	1.55	2.13	1.37	1.65	1.67	1.63	1.19	1.22
Total Liabilities	7.30	4.43	4.30	4.21	6.29	4.06	4.65	4.04	4.64	3.54	3.76	46.92	46.07
Fixed Assets	4.38	4.21	4.09	3.99	3.89	3.80	3.71	3.62	3.53	0.20	0.17	0.05	0.06
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	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	2.92	0.22	0.21	0.22	2.40	0.26	0.94	0.42	1.11	3.34	3.59	46.87	46.01
Total Assets	7.30	4.43	4.30	4.21	6.29	4.06	4.65	4.04	4.64	3.54	3.76	46.92	46.07

Reserves and Borrowings Chart

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
Cash from Operating Activity +	0.25	-0.91	-0.28	0.00	-0.04	0.03	0.53	-0.56	0.14	0.93	-0.50	2.11
Cash from Investing Activity +	0.00	0.11	-0.01	0.00	0.00	0.00	0.00	0.00	0.01	-0.21	0.00	-20.97
Cash from Financing Activity +	-0.36	0.87	0.27	0.00	-0.01	0.00	0.00	0.01	0.00	-0.01	0.00	43.67
Net Cash Flow	-0.11	0.07	-0.02	0.00	-0.06	0.03	0.53	-0.56	0.15	0.71	-0.50	24.81
Free Cash Flow	0.24	-0.91	-0.28	0.00	-0.04	0.03	0.53	-0.56	0.15	0.72	-0.50	2.24
CFO/OP	-40%	43%	80%	0%	25%	-30%	-482%	373%	-78%	60%	-132%	346%

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	-1.59	-3.04	-1.35	-0.33	-1.07	-1.01	-1.01	-1.06	-1.09	0.65	-0.52	-0.29

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	167.70	0.00	0.00		353.41	6.89	20.75	114.06	285.16	82.03	35.10	0.59
Inventory Days	85.59		0.00		300.40	0.00	0.00	0.00	0.00	0.00	22.52	0.00
Days Payable	402.76				694.47						34.34
Cash Conversion Cycle	-149.47	0.00	0.00		-40.66	6.89	20.75	114.06	285.16	82.03	23.29	0.59
Working Capital Days	-199.76	-21,170.00	-8,942.50		8.69	-13.77	-72.62	15.21	182.50	26.51	32.36	1,240.76
ROCE %	-11.26%	-51.31%	-13.92%	-8.43%	-2.48%	0.82%	0.80%	5.39%	11.31%	96.30%	17.50%	2.51%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	44.97%	44.97%	44.97%	44.97%	20.47%	11.11%	7.37%	7.37%	0.96%	0.96%	0.00%	0.00%
DIIs	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.03%	0.03%	0.03%	0.03%
Public	54.91%	54.90%	54.90%	54.90%	79.39%	88.76%	92.50%	92.50%	99.01%	99.00%	99.96%	99.96%
No. of Shareholders	2,510	2,578	10,608	18,207	24,236	25,933	25,869	35,056	37,093	36,663	36,511	35,620

Shareholding Pattern Chart

No. of Shareholders

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

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.03	0.08	7.09	0.96	0.41
Diluted EPS (Rs.)	0.03	0.08	7.09	0.96	0.41
Cash EPS (Rs.)	0.03	0.08	7.29	1.22	0.67
Book Value[Excl.RevalReserv]/Share (Rs.)	3.44	0.36	2.90	-4.19	-5.15
Book Value[Incl.RevalReserv]/Share (Rs.)	3.44	0.36	2.90	6.22	5.26
Revenue From Operations / Share (Rs.)	0.47	5.13	30.53	1.91	2.87
PBDIT / Share (Rs.)	0.04	0.11	7.25	1.22	0.68
PBIT / Share (Rs.)	0.04	0.10	7.05	0.96	0.41
PBT / Share (Rs.)	0.04	0.10	7.06	0.95	0.41
Net Profit / Share (Rs.)	0.03	0.07	7.09	0.95	0.41
PBDIT Margin (%)	10.02	2.22	23.74	63.86	23.72
PBIT Margin (%)	9.46	2.02	23.09	50.45	14.54
PBT Margin (%)	9.44	2.02	23.13	50.07	14.29
Net Profit Margin (%)	7.00	1.50	23.22	50.07	14.29
Return on Networth / Equity (%)	0.96	20.98	244.77	-22.85	-7.97
Return on Capital Employeed (%)	1.26	16.33	126.07	7.95	3.73
Return On Assets (%)	0.91	6.83	66.91	6.88	3.39
Long Term Debt / Equity (X)	0.00	0.00	0.00	-0.01	-0.01
Total Debt / Equity (X)	0.00	0.00	0.00	-0.01	-0.01
Asset Turnover Ratio (%)	0.24	4.69	2.49	0.14	0.22
Current Ratio (X)	67.45	2.18	1.99	1.88	1.33
Quick Ratio (X)	67.45	1.56	1.99	1.88	1.33
Inventory Turnover Ratio (X)	12.14	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	393.80	695.97	897.67	169.74	95.84
Interest Coverage Ratio (Post Tax) (X)	276.22	471.35	876.31	134.10	58.75
Enterprise Value (Cr.)	36.97	27.89	31.04	20.33	4.21
EV / Net Operating Revenue (X)	6.00	1.63	3.05	31.83	4.39
EV / EBITDA (X)	59.87	73.40	12.82	49.84	18.50
MarketCap / Net Operating Revenue (X)	9.95	1.60	3.05	30.72	3.50
Price / BV (X)	1.37	22.40	32.12	-14.02	-1.95
Price / Net Operating Revenue (X)	9.95	1.60	3.05	30.74	3.50
EarningsYield	0.01	0.01	0.07	0.01	0.04

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

IEL Ltd. is a Public Limited Listed company incorporated on 06/02/1956 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L15140GJ1956PLC124644 and registration number is 009720. Currently Company is involved in the business activities of Other retail sale not in stores, stalls or markets. Company's Total Operating Revenue is Rs. 6.16 Cr. and Equity Capital is Rs. 13.04 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Edible Oils & Solvent Extraction	Office No 53, 6th Floor, Sanidhya Complex, Near Devnandan Mall, Ahmedabad Gujarat 380006	Contact not found

Management
Name	Position Held
Ms. Ajay Bholanath Gupta	Chairman & Managing Director
Mr. Arpit Singh	Non Exe.Non Ind.Director
Ms. Juhi Sajwani	Independent Director
Ms. Avani Shah	Independent Director
Ms. Aastha Jain	Independent Director
Ms. Ami Priyank Bhanshali	Independent Director
Ms. Mokshi Prakshbhai Shah	Independent Director

FAQ

What is the intrinsic value of IEL Ltd and is it undervalued?

As of 09 April 2026, IEL Ltd's intrinsic value is ₹0.93, which is 84.21% lower than the current market price of ₹5.89, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (1.91 %), book value (₹3.37), dividend yield (0.00 %), and 5-year EPS CAGR.

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

IEL Ltd is trading at ₹5.89 as of 09 April 2026, with a FY2026-2027 high of ₹10.3 and low of ₹4.00. The stock is currently in the middle of its 52-week range. Market cap stands at ₹76.8 Cr..

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

IEL Ltd has a P/E ratio of , which is below the industry average of 263.21. This is broadly in line with or below the industry average.

Is IEL Ltd financially healthy?

Key indicators for IEL Ltd: ROCE of 2.51 % is on the lower side compared to the industry average of 14.31%; ROE of 1.91 % is below ideal levels (industry average: 12.90%). Dividend yield is 0.00 %.

Is IEL Ltd profitable and how is the profit trend?

IEL Ltd reported a net profit of ₹0 Cr in Mar 2025 on revenue of ₹6 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does IEL Ltd pay dividends?

IEL Ltd has a dividend yield of 0.00 % at the current price of ₹5.89. The company is currently not paying meaningful dividends.