EN DE

Saraswati Commercial (India) Limited (512020) Fair Value & Analysis

Other · IN · Market cap ₹924M

SC Saraswati Commercial (India) Limited 512020 · BSE
Price₹9,949
Fair Value₹1,061
Upside-89.3%
Quality41/100
Watch Saraswati Commercial (India) Limited for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Loss-making · -42.7% net margin
Low debt · negative free cash flow
Ranks above peers (7/11)
Moderate moat 57/100
Evidence: High Range ₹795.54 – ₹1,326 Share as image

Fair value as of: Aug 9, 2026

From 15 valuation models · updated today

Fair value updated Aug 9, 2026, revised from ₹975.70 to ₹1,061 (+8.7%) since Jul 4, 2026. Share price +9.3% over the past month.

Below-average quality, and screening another 89% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹1,326). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

₹26,468 ₹904.10 Fair Value ₹1,061 Mar 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.

How to read this chart

60‑month range ₹904.10 – ₹26,468 · fair‑value band ₹795.54 – ₹1,326 · the ₹9,949 price screens above the ₹1,061 fair value. Dashed = 300-day average. As of Aug 9, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Saraswati Commercial (India) Limited (512020) currently trades at ₹9,949, while our model-based Fair Value estimate is ₹1,061, implying the stock looks roughly 89.3% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Other sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Saraswati Commercial (India) Limited generated revenue of ₹95.0M at a net margin of -42.7%. Net debt stands at ₹198M. The stock trades on a trailing P/E of 46.6. Fundamentals as of Aug 9, 2026

Our scenario range runs from ₹795.54 (bear case) to ₹1,326 (bull case); at ₹9,949, 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 37% below its 52-week high and 15% above its 52-week low. For context, the median of 10 Other peers we cover trades at -22% fair-value upside, at -89%, 512020 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

Model BearBaseBull Evidence
Highest evidence
ROIC Compounder ₹8,314 ₹9,446 ₹10,388 72
Growth-Adj P/E ₹22,072 ₹31,531 ₹40,990 68
P/E Multiple ₹11,759 ₹15,679 ₹19,598 63
All 15 models by family
DCF Models
Owner Earnings ₹11,771 ₹24,377 ₹47,766 31
Earnings-Based
Graham-Dodd ₹6,271 ₹43,736 ₹61,377 54
Lynch FV ₹19,303 ₹27,576 ₹35,849 50
PEG = 1.0 ₹19,303 ₹27,576 ₹35,849 46
EPV ₹8,314 ₹9,446 ₹10,388 59
Multiples
P/E Multiple ₹11,759 ₹15,679 ₹19,598 63
P/S Multiple ₹129.14 ₹172.19 ₹215.24 58
P/B Multiple ₹11,759 ₹15,679 ₹19,598 55
EV/EBIT ₹12,116 ₹16,149 ₹20,181 53
EV/EBITDA ₹8,661 ₹11,542 ₹14,423 54
EV/Revenue ₹139.84 ₹191.50 ₹243.16 43
Asset-Based
NCAV (Graham) ₹5,502 ₹7,373 ₹11,004 50
Economic Profit
Residual Income ₹8,704 ₹9,172 ₹9,811 61
ROIC Compounder ₹8,314 ₹9,446 ₹10,388 72
Growth Earnings
Growth-Adj P/E ₹22,072 ₹31,531 ₹40,990 68

Widest divergence: Growth Earnings (₹31,531) versus Asset-Based (₹7,373). Highest evidence: ROIC Compounder (72).

Key figures & financial health

Revenue (TTM) ₹95.0M
Revenue growth (YoY) +6,532%
Net margin -42.7%
Free cash flow −₹1.1B FY2026
P/E ratio 46.6
Operating margin 85.7%
More key figures
EPS (TTM) ₹-96.23
Net debt ₹198M FY2025

Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 41 · Market factors (momentum, volatility) 34

Profitability 39
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 73
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 71
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.

About the company

Saraswati Commercial (India) Limited operates as a non-banking financial institution in India. It engages in lending activities, as well as invests and trades in shares and securities. The company was incorporated in 1983 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Saraswati Commercial (India) Limited reported revenue of ₹115M in FY2026 versus ₹27.0M in FY2022, a compound +43.6%/yr. Reported net income was ₹923M in FY2026, compounding +9.2%/yr from FY2022.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹115M
Avg. growth/yr (3Y)
+203.3%
Avg. growth/yr (5Y)
+123.1%
Avg. growth/yr (11Y)
+11.9%
Revenue +43.6%/yr
FY22 ₹27.0M
FY23 ₹240M
FY24 ₹1.3B
FY25 ₹754M
FY26 ₹115M
Net income +9.2%/yr
FY22 ₹649M
FY23 ₹117M
FY24 ₹1.0B
FY25 ₹534M
FY26 ₹923M

512020 screens 89% overvalued. Compare with Federal Home Loan Mortgage Corporation →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Saraswati Commercial (India) Limited Fair Value". https://www.fairvalue-calculator.com/stock/512020

Peer Group

Other · 316 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 41 · Below median
Fair Value upside −89% · Bottom 25%
Return on assets 0% · Top 25%
Net margin (TTM) -43% · Bottom 25%
Operating margin (TTM) 86% · Top 25%
Revenue growth 6532% · Top 25%
Dividend yield (TTM) 0.0% · Above median

Valuation Multiples vs Other median · lower = cheaper

P/E (TTM) 46.6× · Pricier than 75% of peers
P/S (TTM) 0.10× · Cheaper than 75% of peers

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.

VALUE 0 · sector 3
FUTURE 100 · sector 0
PAST 0 · sector 0
HEALTH 100 · sector 97
DIVIDEND 0 · sector 0

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Other stocks, each showing price versus our Fair Value estimate (as of Aug 9, 2026).

Stock Price Fair Value vs Fair Value
Federal Home Loan Mortgage Corporation FREJO $15.84 $52.77 +233%
533278 533278 ₹438.60 ₹720.31 +64%
Nestl?? India Limited 500790 ₹1,459 ₹191.93 -87%
540376 540376 ₹3,993 ₹1,806 -55%
540777 540777 ₹567.55 ₹142.69 -75%
Lupin Limited 500257 ₹2,476 ₹1,983 -20%
540719 540719 ₹1,788 ₹850.02 -52%
524804 524804 ₹1,620 ₹1,268 -22%
540716 540716 ₹1,612 ₹1,224 -24%
Eicher Motors Limited 505200 ₹7,340 ₹6,859 -7%

Compare Saraswati Commercial (India) Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Saraswati Commercial (India) Limited (512020) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of ₹1,061 versus a price of ₹9,949, about −89% (overvalued).
What is the fair value of 512020?
Our model-based fair value for Saraswati Commercial (India) Limited is ₹1,061 (as of Aug 9, 2026), built from audited fundamentals. The current price is ₹9,949.
What is the quality score of 512020?
Saraswati Commercial (India) Limited has a Quality Score of 41/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Saraswati Commercial (India) Limited (512020)?
Saraswati Commercial (India) Limited reported trailing-twelve-month revenue of about ₹95.0M (latest available figure, as of Aug 9, 2026).
What is the net profit margin of 512020?
The net profit margin of Saraswati Commercial (India) Limited is about -42.7%, 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.

14 days Pro free · no card

Track Saraswati Commercial (India) Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.