Is Chambal Fert. overvalued or undervalued?

As of 14 November 2025, Chambal Fertilizers has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics, with a PE ratio of 9.98, an EV to EBITDA of 6.99, and a PEG ratio of 0.48. These ratios indicate that while the company is not undervalued, it is also not significantly overvalued compared to its peers.
In comparison with its industry peers, Chambal Fertilizers has a lower PE ratio than Coromandel International, which is very expensive at 30.57, and Deepak Fertilizers, which is attractive at 18.1. Additionally, its EV to EBITDA ratio is more favorable than that of Coromandel International and F A C T, which are both significantly higher. Notably, Chambal's recent stock performance has lagged behind the Sensex, with a year-to-date return of -5.86% compared to the Sensex's 8.22%, suggesting that the market may not fully recognize its fair valuation at this time.