Tilaknagar Industries (NSE:TI) PE Ratio without NRI: 38.00 (As of Jul. 07, 2026) — 13% Above Median


NSE:TI Tilaknagar Industries Ltd NSE:TI
87 GF Score
Price ₹455.40
GF Value ₹502.26
Valuation Fairly Valued
! 7 Warning Signs
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What is Tilaknagar Industries PE Ratio without NRI?

Tilaknagar Industries NSE:TI +0.81% 87 PE Ratio without NRI is 38.00 as of Jul. 07, 2026, which is 13% above its 10-year median of 33.68. GuruFocus rates NSE:TI with a GF Score™ of 87/100 and a GF Value™ of ₹502.26 (Fairly Valued). The stock has 7 warning signs investors should review. Among 152 Beverages - Alcoholic companies, Tilaknagar Industries ranks worse than 78.29% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-07), Tilaknagar Industries's share price is ₹455.40. Tilaknagar Industries's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.98. Therefore, Tilaknagar Industries's PE Ratio without NRI for today is 38.00.

During the past 13 years, Tilaknagar Industries's highest PE Ratio without NRI was 116.89. The lowest was 19.97. And the median was 33.68.

Tilaknagar Industries's EPS without NRI for the three months ended in Mar. 2026 was ₹1.92. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.98.

As of today (2026-07-07), Tilaknagar Industries's share price is ₹455.40. Tilaknagar Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.96. Therefore, Tilaknagar Industries's PE Ratio (TTM) for today is 232.35.

Warning Sign:

Tilaknagar Industries Ltd stock PE Ratio (=470.63) is close to 10-year high of 470.63.

During the past years, Tilaknagar Industries's highest PE Ratio (TTM) was 239.80. The lowest was 0.64. And the median was 26.12.

Tilaknagar Industries's EPS (Diluted) for the three months ended in Mar. 2026 was ₹-0.60. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1.96.

Tilaknagar Industries's EPS (Basic) for the three months ended in Mar. 2026 was ₹-0.60. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹2.01.


Tilaknagar Industries  (NSE:TI) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Tilaknagar Industries PE Ratio without NRI Related Terms


Tilaknagar Industries PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Tilaknagar Industries's PE Ratio without NRI can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tilaknagar Industries PE Ratio without NRI Chart

Tilaknagar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.13 20.76 28.61 20.11 35.78

Tilaknagar Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.11 24.29 32.10 32.55 35.78

NSE:TI vs BF.B: PE Ratio without NRI Comparison

For the Beverages - Wineries & Distilleries subindustry, Tilaknagar Industries's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tilaknagar Industries PE Ratio without NRI vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Tilaknagar Industries's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Tilaknagar Industries's PE Ratio without NRI falls into.


NSE:TI
87GF Score
Tilaknagar Industries Ltd NSE:TI
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Tilaknagar Industries PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

Tilaknagar Industries's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=455.40/11.983
=38

Tilaknagar Industries's Share Price of today is ₹455.40.
Tilaknagar Industries's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹11.98.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 38.00 mean?
Tilaknagar Industries (NSE:TI) has a PE Ratio without NRI of 38.00 as of Jul. 07, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Tilaknagar Industries and its competitors. This is 13% above median its historical median of 33.68. Over the past decade, Tilaknagar Industries' PE Ratio without NRI has ranged from 19.97 to 116.89. According to the industry distribution chart, Tilaknagar Industries ranks #119 out of 152 companies in the Beverages - Alcoholic industry, placing it in the top 78.3%.
Is Tilaknagar Industries' PE Ratio without NRI too high?
Tilaknagar Industries' current PE Ratio without NRI of 38.00 is 13% above median its 10-year median of 33.68. Over the past 10 years, this metric has ranged from a low of 19.97 to a high of 116.89. The Beverages - Alcoholic industry median PE Ratio without NRI is 16.69. Tilaknagar Industries' value of 38.00 is 127.7% above this industry median. Based on the distribution chart, Tilaknagar Industries ranks #119 out of 152 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Tilaknagar Industries has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tilaknagar Industries' PE Ratio without NRI compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Tilaknagar Industries ranks #119 out of 152 companies for PE Ratio without NRI. This places Tilaknagar Industries in the lower half of its industry. The industry median PE Ratio without NRI is 16.69. Tilaknagar Industries' value of 38.00 is 127.7% above this benchmark. Historically, Tilaknagar Industries' own PE Ratio without NRI has ranged from 19.97 to 116.89 over the past decade. While the company's 10-year median is 33.68 vs. the industry median of 16.69, Tilaknagar Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for a Beverages - Alcoholic company?
The median PE Ratio without NRI among Beverages - Alcoholic companies is 16.69, based on 152 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tilaknagar Industries's current PE Ratio without NRI of 38.00 is 127.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Tilaknagar Industries and its competitors. For the Beverages - Alcoholic industry, the median PE Ratio without NRI is 16.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tilaknagar Industries's current PE Ratio without NRI is 38.00, which is 13% above median its own 10-year median of 33.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tilaknagar Industries stock overvalued right now?
Based on GuruFocus' analysis, Tilaknagar Industries (NSE:TI) is currently considered Fairly Valued. The stock's GF Value™ is ₹502.26, compared to a current price of ₹455.40 — trading 9.3% below its estimated fair value. The current PE Ratio without NRI is 38.00, which is 13% above median its 10-year median of 33.68 and 127.7% above the Beverages - Alcoholic industry median of 16.69. Tilaknagar Industries' overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Tilaknagar Industries (NSE:TI), the current PE Ratio without NRI is 38.00 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tilaknagar Industries (NSE:TI) Overvalued in 2026?

Based on GuruFocus' analysis, Tilaknagar Industries stock appears to be undervalued. The current stock price of ₹455.40 is trading 9.3% below its estimated GF Value™ of ₹502.26. GuruFocus considers Tilaknagar Industries to be Fairly Valued.

Key valuation signals for NSE:TI:

  • PE Ratio without NRI: 38.00 (13% above median its 10-year median of 33.68)
  • GF Value™: ₹502.26 vs. price of ₹455.40 (9.3% below fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 127.7% above the Beverages - Alcoholic median (#119 of 152)

No single metric tells the full story. See the NSE:TI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tilaknagar Industries Business Description

Other Exchanges 507205:India
Address 3rd Floor, Industrial Assurance Building, Churchgate, Mumbai, MH, IND, 400 020
Tilaknagar Industries Ltd is engaged in the manufacturing and sale of Indian-made foreign liquor and its related products. Its portfolio of brands in various liquor categories including brandy, whisky, vodka, gin, and rum. Geographically the company exports its products to the Middle East, East and West Africa, South-East Asia, and Europe. Its brand comprises Mansion House Brandy, Courrier Napoleon Brandy - Green, Courrier Napoleon Brandy - Red, Madira XXX Rum, and Others.
87GF Score

Get the complete analysis for NSE:TI

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹455.40
Price
₹502.26
GF Value