Is Hindprakash Indu overvalued or undervalued?

As of 14 November 2025, the valuation grade for Hindprakash Indu has moved from attractive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 105.34, an EV to EBITDA of 47.06, and a ROCE of 4.82%.
In comparison to peers, Sudarshan Chem has a PE ratio of 134.12, while Meghmani Organics shows a more attractive PE of 46.28. Despite the fair valuation, Hindprakash Indu's high PE ratio suggests that it may be overvalued relative to its earnings potential. Additionally, the company's stock has underperformed against the Sensex over the past year, with a return of 2.6% compared to the Sensex's 9%.