Is Nahar Poly overvalued or undervalued?

As of 7 November 2025, Nahar Poly'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 13.21, an EV to EBITDA of 9.28, and a PEG ratio of 0.05, which suggests that the stock may not be significantly undervalued compared to its growth prospects.
In comparison with peers, Nahar Poly's PE ratio is substantially lower than K P R Mill Ltd, which is considered very expensive at 43.65, and is also lower than Trident, which maintains a fair valuation with a PE of 32.8. Despite the recent strong performance of Nahar Poly, with a year-to-date return of 16.15% compared to the Sensex's 6.50%, the overall valuation suggests that the stock is fairly priced at this time.