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SMIFS Capital Markets Limited (508905) Fair Value & Analysis

Other · IN · Market cap ₹159M

SC SMIFS Capital Markets Limited 508905 · BSE
Price₹119.00
Fair Value₹251.52
Upside+111.4%
Quality53/100
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Evidence: High Range ₹213.17 – ₹406.18

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price −4.6% over the past month.

Price vs Fair Value (12 months)

₹150.06 ₹69.99 Fair Value ₹251.52 Jun 2025 Jul 2026

12‑month range ₹69.99 – ₹150.06 · fair‑value band ₹213.17 – ₹406.18 · the ₹119.00 price screens below the ₹251.52 fair value. As of Jul 4, 2026.

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Analysis

SMIFS Capital Markets Limited (508905) currently trades at ₹119.00, while our model-based Fair Value estimate is ₹251.52 — implying the stock looks roughly 111.4% undervalued today. We read business quality at 53/100 (solid quality), in the Other sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, SMIFS Capital Markets Limited generated revenue of ₹509M at a net margin of -0.6%. Revenue grew 19.2% year over year. Net debt stands at ₹19.1M. The stock trades on a trailing P/E of 15.6. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹509M
Revenue growth (YoY) +19.2%
Net margin -0.6%
Free cash flow ₹77.5M FY2026
P/E ratio 15.6
Operating margin -0.6%
More key figures
EPS (TTM) ₹0.1386
EPS growth (YoY) -78.3%
Net debt ₹19.1M FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

SMIFS Capital Markets Limited operates as a merchant banker and underwriter in India. It operates through Capital Market Operations, Investment Banking Operations, and Real Estate Business segments. The company offers merchant banking/investment banking services in the areas of public issue/rights issue/preferential allotment, private placement, and underwriting; and operates as a dealer for debt/bonds and G-Sec products. It also provides advisory services to corporates in identifying suitable buyers/sellers of companies/businesses in case of mergers, acquisitions, and takeovers; assists corporate bodies through syndication of loans from various bodies, such as corporates/banks and financial institutions; offers project finance and construction finance; and markets IPOs and mutual funds. In addition, the company is involved in the placement of shares with private equity funds, FIIs, IFIs, and HNIs. Further, it engages in the real estate business. SMIFS Capital Markets Limited was …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

SMIFS Capital Markets Limited reported revenue of ₹480M in FY2026 versus ₹672M in FY2022, a compound −8.1%/yr. Reported net income was ₹107M in FY2026, compounding +51.7%/yr from FY2022.

Revenue −8.1%/yr
FY22 ₹672M
FY23 ₹530M
FY24 ₹2.3B
FY25 ₹394M
FY26 ₹480M
Net income +51.7%/yr
FY22 ₹20.2M
FY23 ₹5.1M
FY24 ₹24.1M
FY25 ₹11.7M
FY26 ₹107M

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Frequently asked questions

Is SMIFS Capital Markets Limited (508905) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹251.52 versus a price of ₹119.00 — about +111% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 508905?
Our model-based fair value for SMIFS Capital Markets Limited is ₹251.52 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹119.00.
What is the quality score of 508905?
SMIFS Capital Markets Limited has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SMIFS Capital Markets Limited (508905)?
SMIFS Capital Markets Limited reported trailing-twelve-month revenue of about ₹509M (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 508905?
The net profit margin of SMIFS Capital Markets Limited is about -0.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.