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United Credit Limited (531091) Fair Value & Analysis

Financial · IN · Market cap ₹57.5M (≈ $604K)

UC United Credit Limited 531091 · BSE
Price₹25.00
Fair Value₹20.90
Upside-16.4%
Quality49/100
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Strengths

Highly profitable · 31.9% net margin
Wide moat 72/100

Risks

!Trades 20% ABOVE our fair value of ₹20.90
!Expensive Growth (revenue 5y +2.3 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (7/12)
Expensive Growth (revenue 5y +2.3 %/yr)
Highly profitable · 31.9% net margin
Low debt · negative free cash flow
0.82% dividend yield
Mixed vs. peers (7/12)
Wide moat 72/100
Evidence: Medium Range ₹15.68 – ₹26.13 Share as image

Fair value as of: Aug 28, 2026

From 6 valuation models · updated today

Share price −7.4% over the past month.

Below-average quality, and trading another 20% above our fair value.

What runs behind every stock

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

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What matters now

  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

₹38.62 ₹9.00 Fair Value ₹20.90 Nov 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range ₹9.00 – ₹38.62 · fair‑value band ₹15.68 – ₹26.13 · the ₹25.00 price screens above the ₹20.90 fair value. Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

United Credit Limited (531091) currently trades at ₹25.00, while our model-based Fair Value estimate is ₹20.90, implying the stock looks roughly 16.4% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Financial 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: medium).

Over the trailing twelve months, United Credit Limited generated revenue of ₹28.8M at a net margin of 31.9%. Revenue grew 9.2% year over year. The stock trades on a trailing P/E of 5.2 (as of Jul 4, 2026). Fundamentals as of Aug 28, 2026

Our scenario range runs from ₹15.68 (bear case) to ₹26.13 (bull case); at ₹25.00, the current price sits within 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 34% below its 52-week high and 32% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial peers we cover trades at -48% fair-value upside, at -16%, 531091 screens cheaper 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 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
Residual Income ₹37.38 ₹34.61 ₹24.90 76
P/E Multiple ₹15.68 ₹20.90 ₹26.13 63
P/B Multiple ₹20.50 ₹27.34 ₹34.17 55
All 6 models by family
DCF Models
Owner Earnings ₹10.69 ₹13.30 ₹16.67 31
Earnings-Based
Graham-Dodd ₹10.93 ₹21.45 ₹26.85 54
Multiples
P/E Multiple ₹15.68 ₹20.90 ₹26.13 63
P/B Multiple ₹20.50 ₹27.34 ₹34.17 55
Asset-Based
NCAV (Graham) ₹28.96 ₹38.80 ₹57.91 50
Economic Profit
Residual Income ₹37.38 ₹34.61 ₹24.90 76

Widest divergence: Asset-Based (₹38.80) versus DCF Models (₹13.30). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 5.2 as of Jul 4, 2026
P/S ratio 1.47 P/E × margin
EPS (TTM) ₹1.72 price ÷ EPS = P/E 5.2
Dividend yield 0.8% payout 11.9%
Net margin 28.1% FY2026
Return on assets (EBIT) 3.7% avg 5y
More key figures
Profitability
Operating margin 44.2% TTM
Growth
Revenue (TTM) ₹28.8M TTM
Revenue growth (YoY) +9.2% 3y avg +1.7%
EPS growth (YoY) +11.9%
Balance sheet & cash flow
Free cash flow −₹5.4M FY2026

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

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

Profitability 34
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 27
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.

About the company

United Credit Limited, a non-banking financial company, provides hire purchase, leasing, and other financial services in India. It is also involved in consumer financing, investment, and capital market operations.

Full company description

United Credit Limited, a non-banking financial company, provides hire purchase, leasing, and other financial services in India. It is also involved in consumer financing, investment, and capital market operations. The company was formerly known as United India Credit and Development Company Limited and changed its name to United Credit Limited in January 1981. United Credit Limited was founded in 1970 and is headquartered in Kolkata, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

United Credit Limited reported revenue of ₹30.4M in FY2026 versus ₹27.0M in FY2022, a compound +3.1%/yr. Reported net income was ₹8.6M in FY2026, compounding +3.2%/yr from FY2022.

Growth Quality 29/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹30.4M
Latest YoY
−11.4%
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.
+1.7%
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.
+2.3%
Avg. revenue growth/yr (12Y) 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.
+4.1%
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.
+0.4% (-0.4 + 0.8)
Revenue +3.1%/yr
FY22 ₹27.0M
FY23 ₹29.0M
FY24 ₹34.0M
FY25 ₹34.4M
FY26 ₹30.4M
Net income +3.2%/yr
FY22 ₹7.5M
FY23 ₹7.2M
FY24 ₹16.4M
FY25 ₹10.1M
FY26 ₹8.6M

531091 screens 16% overvalued. Compare with Visa Inc →

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Cite: Fair Value Calculator (2026). "United Credit Limited Fair Value". https://www.fairvalue-calculator.com/stock/531091

Peer Group

Credit Services · 339 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 47 · Below median
Fair Value upside −16% · Below median
Return on assets 0% · Bottom 25%
Net margin (TTM) 32% · Above median
Operating margin (TTM) 44% · Above median
Revenue growth 9% · Above median
Dividend yield (TTM) 0.8% · Below median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Credit Services median · lower = cheaper

P/E (TTM) 5.2× · Cheaper than 75% of peers
P/B 0.19× · Cheaper than 75% of peers
P/S (TTM) 2.00× · Cheaper than median

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
VALUE11 · sector 34
FUTURE46 · sector 40
PAST0 · sector 32
HEALTH100 · sector 59
DIVIDEND16 · sector 51

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 Credit Services stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $383.90 $198.27 -48%
Mastercard Incorporated MA $598.47 $221.87 -63%
American Express Company AXP $336.15 $206.40 -39%
Capital One Financial Corporation COF $217.21 $117.51 -46%
Bajaj Finance Limited BAJFINANCE ₹1,093 ₹397.70 -64%
PayPal Holdings PYPL $61.81 $77.12 +25%
Shriram Finance Limited SHRIRAMFIN ₹1,134 ₹553.82 -51%
Synchrony Financial, SYF $79.78 $137.28 +72%
SoFi Technologies, Inc SOFI $18.84 $5.02 -73%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,866 ₹796.47 -57%

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Frequently asked questions

Is United Credit Limited (531091) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of ₹20.90 versus a price of ₹25.00, about −16% (overvalued).
What is the fair value of 531091?
Our model-based fair value for United Credit Limited is ₹20.90 (as of Aug 28, 2026), built from audited fundamentals. The current price: ₹25.00.
What is the quality score of 531091?
United Credit Limited has a Quality Score of 49/100. 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 United Credit Limited (531091)?
United Credit Limited reported trailing-twelve-month revenue of about ₹28.8M (latest available figure, as of Aug 28, 2026).
What is the net profit margin of 531091?
The net profit margin of United Credit Limited is about 31.9%, meaning it keeps roughly 31.9% of revenue as net income. Based on the latest reported figures.
Does United Credit Limited pay a dividend?
United Credit Limited currently shows a dividend yield of about 0.82% relative to its recent price (as of Aug 28, 2026).

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.

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