Is Hindprakash Indu overvalued or undervalued?

As of 4 November 2025, Hindprakash Indu's valuation grade has moved from attractive to fair, indicating a shift in market perception. The company is currently fairly valued based on its financial metrics, with a PE ratio of 104.60, an EV to EBITDA of 46.77, and a ROCE of 4.82%.
In comparison to its peers, Hindprakash Indu's PE ratio is significantly higher than that of Meghmani Organics, which stands at 104.67, and is also higher than Sudarshan Chemicals at 105.55, both of which are categorized as expensive. The company's recent stock performance shows a 6.33% return over the past week, outperforming the Sensex, which declined by 1.38%. Overall, while Hindprakash Indu is fairly valued, its elevated ratios suggest caution for potential investors.