UHTL
United Heat Transfer Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
UHTL
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹109 today
BEAR
₹56
-48%
20.2% a year · 17.7x exit
BASE
₹101
-8%
35% a year · 28.2x exit
BULL
₹238
+118%
47.6% a year · 61x exit
Where the market has priced it
7x41x today95x
management named no year; shown one year out
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 31 Industrial Machinery peers
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹2.64 (screener) |
|---|---|
| Guided growth | 35% a year, said on the call of 05-Jun-2026 · transcript |
| Read across as | operating: revenue growth, margin held flat — medium 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 | 17.71x / 28.23x / 61x, this company’s own p20 / median / p80 across 31 filed years |
| Filed-industry peers | median 28.23x across 31 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 NSE earnings-call filings · extracted, not interpreted
revenue growth 35%
As you mentioned, you are expecting 30%, 35% revenue growth.
Call 05-Jun-2026 · bridge confidence medium · transcript PDF