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ADC India Communications Limited-$ (ADCINDIA) Fair Value & Analysis

Information Technology · IN · Market cap ₹10.6B (≈ $112M) · ISIN INE833A01016

What is ADC India Communications Limited-$ really worth?

AI ADC India Communications Limited-$ ADCINDIA · BSE
Price₹2,409
Fair Value₹842.18
Upside−65.0%
Quality60/100

A solid business, but trading 186% above our fair value of ₹842.18.

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Strengths

Healthy Growth (revenue 5y +27.3 %/yr)
generates free cash flow

Risks

!Thin margins · 9.5% net margin
!Mixed vs. peers (7/13)
!Moderate moat 62/100
!Weak on dividend: 4 out of 100
Evidence: High Range ₹516.45 – ₹1,142

Fair value as of: Sep 3, 2026

From 26 valuation models · updated 2 days ago

Fair value updated Sep 3, 2026, revised from ₹715.65 to ₹842.18 (+17.7%) since Aug 13, 2026.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹1,142). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹516.45 to ₹1,142) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

₹2,551 ₹183.16 Fair Value ₹842.18 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.

How to read this chart

60‑month range ₹183.16 – ₹2,551 · fair‑value band ₹516.45 – ₹1,142 · the ₹2,409 price screens above the ₹842.18 fair value. Dashed = 300-day average. As of Sep 3, 2026.

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Analysis

ADC India Communications Limited-$ (ADCINDIA) currently trades at ₹2,409, while our model-based Fair Value estimate is ₹842.18, implying the stock looks roughly 186.0% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Information Technology sector. Bull case: the DCF Models group reads highest at a median of ₹1,010 per share, and 0 of the 26 models we run sit above the ₹2,409 price. Bear case: the Asset-Based group reads lowest at ₹126.26, and 26 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, ADC India Communications Limited-$ generated revenue of ₹2.0B at a net margin of 9.5%. Revenue grew 33.9% year over year. It earns a return on equity of 24.2%. The stock trades on a trailing P/E of 58.7. Fundamentals as of Sep 3, 2026

Our scenario range runs from ₹516.45 (bear case) to ₹1,142 (bull case); at ₹2,409, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 118% above its 52-week low, currently above its 200-day average. For context, the median of 10 Information Technology peers we cover trades at −26% fair-value upside, at −65%, ADCINDIA screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹17.67 per share, which is 2.1 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence ₹512.88 ₹858.43 ₹1,487 76
Growth DCF ₹506.76 ₹814.48 ₹1,353 74
Owner Earnings ₹683.91 ₹1,185 ₹2,096 71
All 26 models by family
DCF Models
FCF DCF best evidence ₹512.88 ₹858.43 ₹1,487 76
Owner Earnings ₹683.91 ₹1,185 ₹2,096 71
5Y Revenue Exit ₹528.28 ₹866.83 ₹1,340 69
5Y EBITDA Exit ₹640.82 ₹1,107 ₹1,710 71
5Y P/E Exit ₹807.39 ₹1,462 ₹2,239 67
10Y Revenue Exit ₹506.09 ₹830.88 ₹1,356 63
10Y EBITDA Exit ₹596.08 ₹1,010 ₹1,676 64
10Y P/E Exit ₹708.05 ₹1,275 ₹2,134 59
Earnings-Based
Graham-Dodd ₹279.79 ₹1,448 ₹2,003 64
Lynch FV ₹396.03 ₹565.75 ₹735.48 61
PEG = 1.0 ₹396.03 ₹565.75 ₹735.48 57
EPV ₹511.24 ₹574.32 ₹629.53 70
Dividend Discount
Gordon GGM ₹45.91 ₹95.45 ₹151.43 66
DDM Multi-Stage ₹45.91 ₹80.49 ₹100.18 66
Multiples
P/E Multiple ₹864.06 ₹1,152 ₹1,440 63
P/S Multiple ₹524.61 ₹699.48 ₹874.35 58
P/B Multiple ₹524.61 ₹699.48 ₹874.35 55
EV/EBIT ₹927.63 ₹1,193 ₹1,458 63
EV/EBITDA ₹738.07 ₹939.87 ₹1,142 64
EV/Revenue ₹534.58 ₹706.81 ₹879.05 52
Asset-Based
NCAV (Graham) ₹94.23 ₹126.26 ₹188.45 51
Growth DCF
Growth DCF ₹506.76 ₹814.48 ₹1,353 74
Rev-Margin DCF ₹528.28 ₹854.29 ₹1,291 69
Economic Profit
Residual Income ₹279.72 ₹392.12 ₹2,252 64
ROIC Compounder ₹541.74 ₹646.89 ₹765.66 70
Growth Earnings
Growth-Adj P/E ₹696.43 ₹994.90 ₹1,293 67

Widest divergence: DCF Models (₹1,010) versus Dividend Discount (₹80.49). Highest evidence: FCF DCF (76).

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Key figures & financial health

P/E ratio 58.7
P/S ratio 5.56 P/E × margin
EPS (TTM) ₹41.07 price ÷ EPS = P/E 58.7
Dividend yield 0.2% payout 12.7%
Net margin 9.5% FY2026
Return on equity 24.2% TTM
More key figures
Profitability
Return on assets (EBIT) 21.4% avg 5y
Operating margin 7.2% TTM
Growth
Revenue (TTM) ₹2.0B TTM
Revenue growth (YoY) +33.9% 3y avg +11.8%
EPS growth (YoY) +19.0%
Balance sheet & cash flow
Free cash flow ₹130M FY2026

Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 62 · Market factors (momentum, volatility) 79

Profitability 70
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 36
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 92
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

ADC India Communications Limited-$ reported revenue of ₹2.0B in FY2026 versus ₹1.2B in FY2022, a compound +13.4%/yr. Reported net income was ₹189M in FY2026, compounding +22.2%/yr from FY2022.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹2.0B
Latest YoY
+7.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.8%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+27.3%
Avg. revenue growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.0%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+38.1% (37.9 + 0.2)
Revenue +13.4%/yr
FY22 ₹1.2B
FY23 ₹1.4B
FY24 ₹1.8B
FY25 ₹1.9B
FY26 ₹2.0B
Net income +22.2%/yr
FY22 ₹84.8M
FY23 ₹81.7M
FY24 ₹207M
FY25 ₹245M
FY26 ₹189M

ADCINDIA screens 186% overvalued. Compare with VALIANT →

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Cite: Fair Value Calculator (2026). "ADC India Communications Limited-$ Fair Value". https://www.fairvalue-calculator.com/stock/ADCINDIA

Peer Group

Information Technology · 3640 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Communications Equipment” was too small, so the broader sector is used.)

Quality Score 60 · Above median
Fair Value upside −65% · Bottom 25%
Return on equity (TTM) 24% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 34% · Top 25%
Dividend yield (TTM) 0.2% · Bottom 25%

Valuation Multiples vs Information Technology median · lower = cheaper

P/E (TTM) 58.7× · Pricier than median
P/B 12.24× · Pricier than 75% of peers
P/S (TTM) 5.31× · Pricier than 75% of peers
P/FCF 0.9× · Cheaper than median
EV/EBITDA 48.5× · Pricier than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 42
PAST97 · sector 22
HEALTH0 · sector 97
DIVIDEND4 · sector 27

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Communications Equipment stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).

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PUNJCOMMU PUNJCOMMU ₹50.00 ₹42.08 −16%
AISHWARYA AISHWARYA ₹8.56 ₹4.21 −51%
Bubbles Intergroup Ltd MBMX 0.1210 ILA 0.1600 ILA +32%
Xiaomi Corporation 81810 HK$24.16 HK$38.03 +57%
532755 532755 ₹1,586 ₹922.45 −42%
Lenovo Group 80992 HK$30.00 HK$6.62 −78%
CEINSYSTECH CEINSYSTECH ₹796.45 ₹586.06 −26%
BLUECLOUDS BLUECLOUDS ₹22.11 ₹16.20 −27%
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Frequently asked questions

Is ADC India Communications Limited-$ (ADCINDIA) overvalued or undervalued?
As of Sep 3, 2026, our model estimates a fair value of ₹842.18 versus a price of ₹2,409, about −65% upside (overvalued).
What is the fair value of ADCINDIA?
Our model-based fair value for ADC India Communications Limited-$ is ₹842.18 (as of Sep 3, 2026), built from audited fundamentals. The current price: ₹2,409.
What is the quality score of ADCINDIA?
ADC India Communications Limited-$ has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of ADC India Communications Limited-$ (ADCINDIA)?
ADC India Communications Limited-$ reported trailing-twelve-month revenue of about ₹2.0B (latest available figure, as of Sep 3, 2026).
What is the net profit margin of ADCINDIA?
The net profit margin of ADC India Communications Limited-$ is about 9.5%, meaning it keeps roughly 9.5% of revenue as net income. Based on the latest reported figures.
Does ADC India Communications Limited-$ pay a dividend?
ADC India Communications Limited-$ currently shows a dividend yield of about 0.22% relative to its recent price (as of Sep 3, 2026).
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