MALLCOM
Mallcom (India) Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
MALLCOM
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹982 today
BEAR
₹662
-33%
6.4% a year · 12.9x exit
BASE
₹831
-15%
11% a year · 15.6x exit
BULL
₹1,111
+13%
14.9% a year · 20.1x exit
Where the market has priced it
12x20x today21x
- the guided figure reached earnings through a low-confidence bridge
- at 20x its FY26 earnings the stock already trades above the top of its own ten-year range (20x)
- this company's own median multiple sits 49% below its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹48.14 (screener) |
|---|---|
| Guided growth | 11% a year, said on the call of 01-Jun-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — 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 | 12.92x / 15.56x / 20.08x, this company’s own p20 / median / p80 across 5 filed years |
| Filed-industry peers | median 30.57x across 16 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 11%
Management stated confidence in achieving at least 10-12% growth in FY27, with EBITDA margins returning to pre-investment levels (implied >15%) as operational challenges resolve.
Call 01-Jun-2026 · bridge confidence low · transcript PDF