Is Mafatlal Inds. overvalued or undervalued?

As of 6 November 2025, Mafatlal Industries has moved from a fair valuation to a very attractive one. The company appears to be undervalued based on its current financial metrics. Key ratios include a PE Ratio of 10.79, a Price to Book Value of 0.16, and an EV to EBITDA of -8.54, which indicate a significant discount compared to its peers.
In comparison to its industry peers, Mafatlal Industries stands out with a much lower PE ratio than K P R Mill Ltd, which has a PE of 43.81, and Trident, which has a PE of 32.8. The company's valuation metrics suggest it is trading at a substantial discount, especially when considering the negative EV to EBIT and EV to Sales ratios. Notably, Mafatlal's recent stock performance has outpaced the Sensex over the last year, with a return of 7.51% compared to the Sensex's 3.65%.