KSHINTL
KSH International Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
KSHINTL
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹840 today
BEAR
₹333
-60%
12.1% a year · 18.2x exit
BASE
₹517
-38%
21% a year · 26.3x exit
BULL
₹793
-6%
28.5% a year · 38x exit
Where the market has priced it
14x52x today94x
- the guided figure reached earnings through a low-confidence bridge
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 22 Electrical Products peers
- at 52x its FY26 earnings the stock already trades above the top of its own ten-year range (38x)
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹16.25 (screener) |
|---|---|
| Guided growth | 21% a year, said on the call of 30-May-2026 · transcript |
| Read across as | operating: volume growth, realisation+margin held flat — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 18.25x / 26.27x / 38x, this company’s own p20 / median / p80 across 22 filed years |
| Filed-industry peers | median 26.27x across 22 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from a third-party research digest · not our own extraction
implied earnings growth 21%
Sustained volume growth of at least 21% in FY27; EBITDA per ton range of INR 65,000-70,000; export revenue target increased to 40% of total revenue
Call 30-May-2026 · bridge confidence low · transcript PDF