Is KCL Infra overvalued or undervalued?

As of 17 November 2025, KCL Infra's valuation grade has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 38.57, an EV to EBITDA of -14.96, and a PEG Ratio of 0.24, which suggests that while the stock is not excessively priced, its earnings performance is underwhelming.
In comparison to its peers, KCL Infra's PE Ratio is significantly lower than Adani Enterprises, which is considered expensive at 152.48, and SRF, which is very expensive at 51.89. Conversely, DCM Shriram, which is also rated fair, has a PE Ratio of 26.56, indicating that KCL Infra is positioned at a higher valuation relative to some of its peers. The company's stock has underperformed against the Sensex over various time frames, particularly with a year-to-date return of -13.29% compared to the Sensex's 8.72%, reinforcing the notion that KCL Infra is fairly valued amidst a challenging market backdrop.