Is India Gelatine overvalued or undervalued?

As of 17 October 2025, the valuation grade for India Gelatine has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE Ratio of 11.93, an EV to EBITDA of 8.46, and a ROCE of 13.94%.
In comparison to its peers, India Gelatine's valuation stands out, particularly against Solar Industries, which has a PE Ratio of 100.67, and Gujarat Fluoroch with a PE Ratio of 65.14, both categorized as very expensive. This suggests that India Gelatine offers a more favorable investment opportunity within the specialty chemicals sector. Despite recent underperformance relative to the Sensex, with a YTD return of -16.80% compared to the Sensex's 7.44%, the company's attractive valuation metrics indicate potential for future growth.