Multibase India Ltd: Intrinsic Value & Share Price Analysis

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

Multibase India Ltd is trading at 173.00 as of 25 April 2026, with a FY2026-2027 high of 308 and low of 156. The stock is currently near its 52-week low. Market cap stands at 218 Cr..

Q: Is Multibase India Ltd financially healthy?

Key indicators: ROCE of 18.6 % indicates efficient capital utilization. Dividend yield is 30.6 %.

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

Multibase India Ltd reported a net profit of 15 Cr in Mar 2025 on revenue of 71 Cr. Compared to 6 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹166.33Fairly Valued by 3.86%vs CMP ₹173.00

P/E (17.4) × ROE (13.8%) × BV (₹66.30) × DY (30.60%)

₹129.46Overvalued by 25.17%vs CMP ₹173.00

MoS: -33.6% (Negative)Confidence: 61/100 (Moderate)Models: 2 Under, 8 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹190.61	21%	Under (+10.2%)
Graham Number	Earnings	₹121.65	15%	Over (-29.7%)
Earnings Power	Earnings	₹76.05	10%	Over (-56%)
DCF	Cash Flow	₹205.66	13%	Under (+18.9%)
Net Asset Value	Assets	₹66.66	7%	Over (-61.5%)
EV/EBITDA	Enterprise	₹126.97	8%	Over (-26.6%)
Dividend Discount	Dividends	₹110.00	8%	Over (-36.4%)
Earnings Yield	Earnings	₹99.20	7%	Over (-42.7%)
ROCE Capital	Returns	₹47.44	7%	Over (-72.6%)
Revenue Multiple	Revenue	₹84.52	5%	Over (-51.1%)
Consensus (10 models)		₹129.46	100%	Overvalued

Key Drivers: Wide model spread (₹47–₹206) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 14.6%

*Investments are subject to market risks

Analyst Summary

Multibase India Ltd operates in the Plastics - Plastic & Plastic Products segment, NSE: MULTIBASE | BSE: 526169, current market price is ₹173.00, market cap is 218 Cr.. At a glance, stock P/E is 17.4, ROE is 13.8 %, ROCE is 18.6 %, book value is 66.3, dividend yield is 30.6 %. The latest intrinsic value estimate is ₹129.46, around 25.2% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹71 Cr versus the prior period change of 9.2%, while latest net profit is about ₹15 Cr with a prior-period change of 36.4%. The 52-week range shown on this page is 308/156, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisMultibase India Ltd. is a Public Limited Listed company incorporated on 17/12/1991 and has its registered office in the State of Daman & Diu, India. Company's Corporate Identification Number(CIN) is L…

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

Investment Snapshot

Multibase India Ltd scores 60/100 (Average)

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

Stock Health77/100 · Strong

ROCE 18.6% GoodROE 13.8% GoodD/E 0.00 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 75.0% Stable

Earnings Quality65/100 · Strong

OPM expanding (12% → 17%) Improving

Quarterly Momentum35/100 · Weak

Revenue (4Q): -7% YoY DecliningProfit (4Q): -14% YoY DecliningOPM: 28.5% (up 14.7% YoY) Margin expansion

Industry Rank60/100 · Moderate

P/E 17.4 vs industry 32.3 Cheaper than peersROCE 18.6% vs industry 16.0% Average3Y sales CAGR: 5% Slow

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, 4:51 am

Market Cap	218 Cr.
Current Price	173
Intrinsic Value	₹129.46
High / Low	308/156
Stock P/E	17.4
Book Value	66.3
Dividend Yield	30.6 %
ROCE	18.6 %
ROE	13.8 %
Face Value	10.0
PEG Ratio	1.19

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Multibase India Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Multibase India Ltd	218 Cr.	173	308/156	17.4	66.3	30.6 %	18.6 %	13.8 %	10.0
Pil Italica Lifestyle Ltd	165 Cr.	7.01	20.6/6.20	36.7	3.49	0.00 %	8.90 %	6.18 %	1.00
Harshdeep Hortico Ltd	126 Cr.	78.0	116/61.2	11.2	33.0	0.00 %	27.1 %	23.0 %	10.0
Plastiblends India Ltd	327 Cr.	126	232/121	10.1	168	1.98 %	10.3 %	7.58 %	5.00
TPL Plastech Ltd	449 Cr.	57.6	95.5/50.0	16.1	19.5	1.74 %	19.8 %	17.0 %	2.00
Industry Average	6,264.50 Cr	584.05		32.34	182.19	3.70%	15.97%	13.13%	6.10

All Competitor Stocks of Multibase India 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	16.99	18.04	18.08	16.26	15.74	14.65	19.23	18.42	17.15	15.95	16.76	18.53	13.53
Expenses	15.08	12.81	16.16	15.17	13.60	11.48	15.63	14.41	14.78	11.15	14.31	15.15	9.67
Operating Profit	1.91	5.23	1.92	1.09	2.14	3.17	3.60	4.01	2.37	4.80	2.45	3.38	3.86
OPM %	11.24%	28.99%	10.62%	6.70%	13.60%	21.64%	18.72%	21.77%	13.82%	30.09%	14.62%	18.24%	28.53%
Other Income	0.88	1.65	1.67	1.78	1.88	2.45	1.93	2.02	1.13	0.98	0.87	0.77	0.84
Interest	0.00	0.05	0.02	0.00	0.00	0.08	0.00	0.00	0.00	0.01	0.00	0.00	0.00
Depreciation	0.29	0.16	0.31	0.20	0.25	0.26	0.27	0.28	0.29	0.30	0.24	0.28	0.29
Profit before tax	2.50	6.67	3.26	2.67	3.77	5.28	5.26	5.75	3.21	5.47	3.08	3.87	4.41
Tax %	25.20%	25.64%	25.46%	24.72%	27.06%	25.38%	25.48%	25.39%	25.86%	25.41%	25.32%	25.84%	25.62%
Net Profit	1.87	4.96	2.44	2.01	2.76	3.95	3.92	4.29	2.38	4.07	2.30	2.86	3.28
EPS in Rs	1.48	3.93	1.93	1.59	2.19	3.13	3.11	3.40	1.89	3.23	1.82	2.27	2.60

Last Updated: March 3, 2026, 8:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 17, 2026, 11:27 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	55	62	70	86	109	110	60	53	62	72	65	71	65
Expenses	47	51	56	68	80	90	53	47	56	63	56	56	50
Operating Profit	7	10	14	19	29	20	7	7	7	10	8	15	14
OPM %	13%	17%	20%	22%	26%	18%	11%	13%	11%	13%	13%	21%	22%
Other Income	1	1	2	2	2	3	4	4	3	5	8	6	3
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	1	1	1	1	1	1	1	1	1	1	1	1
Profit before tax	8	11	15	20	30	22	10	10	9	13	15	20	17
Tax %	33%	34%	35%	35%	35%	30%	24%	32%	27%	26%	26%	26%
Net Profit	5	7	10	13	20	15	8	7	6	10	11	15	13
EPS in Rs	4.03	5.72	7.83	10.52	15.49	12.17	5.97	5.32	5.02	7.76	8.84	11.61	9.92
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	38%	20%	26%	34%	457%

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 (%)	40.00%	42.86%	30.00%	53.85%	-25.00%	-46.67%	-12.50%	-14.29%	66.67%	10.00%	36.36%
Change in YoY Net Profit Growth (%)	0.00%	2.86%	-12.86%	23.85%	-78.85%	-21.67%	34.17%	-1.79%	80.95%	-56.67%	26.36%

Multibase India 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:	1%
5 Years:	3%
3 Years:	4%
TTM:	4%

Compounded Profit Growth
10 Years:	7%
5 Years:	14%
3 Years:	32%
TTM:	3%

Stock Price CAGR
10 Years:	2%
5 Years:	9%
3 Years:	8%
1 Year:	-20%

Return on Equity
10 Years:	12%
5 Years:	8%
3 Years:	10%
Last Year:	14%

Last Updated: September 5, 2025, 3:46 pm

Balance Sheet

Last Updated: December 4, 2025, 3:06 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	13	13	13	13	13	13	13	13	13	13	13	13	13
Reserves	21	29	38	52	71	87	94	101	105	113	122	66	71
Borrowings	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	7	6	8	12	32	12	10	12	12	11	10	10	13
Total Liabilities	41	47	59	77	116	111	117	126	130	137	144	89	96
Fixed Assets	5	5	8	9	10	10	11	10	11	11	12	13	13
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	36	42	51	68	106	101	106	115	119	126	133	76	83
Total Assets	41	47	59	77	116	111	117	126	130	137	144	89	96

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 +	3	7	7	5	25	5	20	10	5	9	5	6
Cash from Investing Activity +	1	-9	7	4	-30	32	-0	2	1	3	4	3
Cash from Financing Activity +	-0	0	0	0	0	-10	10	0	-2	-1	-3	-71
Net Cash Flow	3	-1	14	8	-5	26	31	12	3	10	6	-62
Free Cash Flow	2	6	4	3	23	4	19	9	3	8	3	4
CFO/OP	73%	105%	89%	57%	128%	59%	347%	166%	101%	128%	106%	71%

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	7.00	10.00	14.00	19.00	29.00	20.00	7.00	7.00	7.00	10.00	8.00	15.00

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

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	71	60	67	81	80	61	71	77	64	58	51	52
Inventory Days	105	84	106	128	132	83	106	123	103	61	95	116
Days Payable	52	36	52	66	157	43	72	101	79	55	53	40
Cash Conversion Cycle	124	108	120	144	56	101	106	98	88	64	93	128
Working Capital Days	120	105	103	121	72	131	98	90	78	62	77	85
ROCE %	24%	29%	33%	35%	40%	24%	10%	9%	8%	11%	12%	19%

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	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%
FIIs	0.33%	0.33%	0.33%	0.33%	0.33%	0.17%	0.17%	0.17%	0.00%	0.00%	0.00%	0.00%
Public	24.68%	24.68%	24.67%	24.68%	24.66%	24.82%	24.83%	24.82%	25.00%	25.00%	25.00%	25.00%
No. of Shareholders	8,237	8,138	8,578	8,655	8,637	9,137	9,242	17,557	19,516	19,915	19,855	19,755

Shareholding Pattern Chart

No. of Shareholders

Multibase India 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	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	11.61	8.84	7.76	5.02	5.32
Diluted EPS (Rs.)	11.61	8.84	7.76	5.02	5.32
Cash EPS (Rs.)	12.51	9.64	8.55	5.77	6.11
Book Value[Excl.RevalReserv]/Share (Rs.)	62.21	106.63	99.80	93.06	90.05
Book Value[Incl.RevalReserv]/Share (Rs.)	62.21	106.63	99.80	93.06	90.05
Dividend / Share (Rs.)	53.00	3.00	2.00	1.00	2.00
Revenue From Operations / Share (Rs.)	56.06	51.30	57.22	49.51	42.35
PBDIT / Share (Rs.)	16.52	12.76	11.26	7.63	8.58
PBIT / Share (Rs.)	15.62	11.96	10.47	6.88	7.79
PBT / Share (Rs.)	15.61	11.88	10.43	6.84	7.79
Net Profit / Share (Rs.)	11.61	8.84	7.76	5.02	5.32
PBDIT Margin (%)	29.46	24.87	19.68	15.41	20.25
PBIT Margin (%)	27.86	23.31	18.29	13.89	18.39
PBT Margin (%)	27.83	23.16	18.23	13.80	18.39
Net Profit Margin (%)	20.71	17.22	13.55	10.14	12.56
Return on Networth / Equity (%)	18.66	8.28	7.77	5.39	5.90
Return on Capital Employeed (%)	24.52	11.03	10.32	7.29	8.54
Return On Assets (%)	16.54	7.72	7.13	4.88	5.33
Asset Turnover Ratio (%)	0.60	0.45	0.54	0.48	0.44
Current Ratio (X)	9.22	17.24	13.75	11.09	10.81
Quick Ratio (X)	7.52	15.71	12.82	9.91	9.68
Inventory Turnover Ratio (X)	5.51	2.80	2.51	2.16	1.75
Dividend Payout Ratio (NP) (%)	482.24	22.63	12.89	39.81	0.00
Dividend Payout Ratio (CP) (%)	447.73	20.75	11.69	34.64	0.00
Earning Retention Ratio (%)	-382.24	77.37	87.11	60.19	0.00
Cash Earning Retention Ratio (%)	-347.73	79.25	88.31	65.36	0.00
Interest Coverage Ratio (X)	1031.87	160.74	307.62	172.58	0.00
Interest Coverage Ratio (Post Tax) (X)	726.49	112.30	212.87	114.61	0.00
Enterprise Value (Cr.)	295.33	186.74	114.54	148.81	150.18
EV / Net Operating Revenue (X)	4.17	2.88	1.59	2.38	2.81
EV / EBITDA (X)	14.17	11.59	8.06	15.45	13.87
MarketCap / Net Operating Revenue (X)	4.89	4.59	3.03	3.89	4.51
Retention Ratios (%)	-382.24	77.36	87.10	60.18	0.00
Price / BV (X)	4.41	2.21	1.74	2.07	2.12
Price / Net Operating Revenue (X)	4.89	4.59	3.03	3.89	4.51
EarningsYield	0.04	0.03	0.04	0.02	0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Multibase India Ltd. is a Public Limited Listed company incorporated on 17/12/1991 and has its registered office in the State of Daman & Diu, India. Company's Corporate Identification Number(CIN) is L01122DD1991PLC002959 and registration number is 002959. Currently Company is involved in the business activities of Manufacture of mixture of synthetic and natural or rubber like gums. Company's Total Operating Revenue is Rs. 70.75 Cr. and Equity Capital is Rs. 12.62 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Plastics - Plastic & Plastic Products	74/5-6, Daman Industrial Estate, Nani-Daman Daman & Diu 396210	Contact not found

Management
Name	Position Held
Mr. B Renganathan	Chairman(NonExe.&Ind.Director)
Mr. Pankajkumar Holani	Managing Director
Mr. Mohd Sopin Peerzade	Non Executive Director
Mr. Jason Galinski	Non Executive Director
Mr. Piyush Chhajed	Ind. Non-Executive Director
Ms. Bharti Dhar	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Multibase India Ltd and is it undervalued?

As of 25 April 2026, Multibase India Ltd's intrinsic value is ₹129.46, which is 25.17% lower than the current market price of ₹173.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (13.8 %), book value (₹66.3), dividend yield (30.6 %), and 5-year EPS CAGR.

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

Multibase India Ltd is trading at ₹173.00 as of 25 April 2026, with a FY2026-2027 high of ₹308 and low of ₹156. The stock is currently near its 52-week low. Market cap stands at ₹218 Cr..

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

Multibase India Ltd has a P/E ratio of 17.4, which is below the industry average of 32.34. This is broadly in line with or below the industry average.

Is Multibase India Ltd financially healthy?

Key indicators for Multibase India Ltd: ROCE of 18.6 % indicates efficient capital utilization. Dividend yield is 30.6 %.

Is Multibase India Ltd profitable and how is the profit trend?

Multibase India Ltd reported a net profit of ₹15 Cr in Mar 2025 on revenue of ₹71 Cr. Compared to ₹6 Cr in Mar 2022, the net profit shows an improving trend.

Does Multibase India Ltd pay dividends?

Multibase India Ltd has a dividend yield of 30.6 % at the current price of ₹173.00. This is a relatively attractive yield for income-seeking investors.