Is Kalyani Cast-Tec overvalued or undervalued?

As of 10 October 2025, Kalyani Cast-Tec's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 28.05, an EV to EBITDA of 19.26, and a PEG ratio of 0.58, suggesting that it is priced reasonably relative to its growth prospects.
In comparison to its peers, Kalyani Cast-Tec stands out against Rail Vikas, which is considered expensive with a PE ratio of 59.85, and Ircon International, which is also fairly valued with a PE of 24.87. Notably, Kalyani Cast-Tec's ROCE of 43.05% and ROE of 22.04% reflect strong operational efficiency and shareholder returns. While the stock has underperformed the Sensex in the short term, it has delivered a solid year-to-date return of 24.17%, reinforcing its potential as a fair investment in the industrial manufacturing sector.