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3i Infotech Limited (532628) fair value: what the stock is really worth

As of Oct 30, 2026: fair value (intrinsic value) of 3i Infotech Limited stock ₹2.13, price ₹19.13, upside -88.9%, quality 67 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

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Technology IN · ISIN INE748C01020

3I 3i Infotech Limited logo Thin data Oct 31, 2026

3i Infotech Limited

532628 · BSE
Solid, but very expensive

Our calculation puts a fair price 89% below what the stock costs today.

Quality 67/100
Low debt
Ranks above peers (10/13)
Costs just 6.5 times its yearly profit.
Mixed Growth (revenue 3y +2.3 %/yr in INR)
Thin margins · 7.4% net margin (TTM)
Moderate moat 53/100 · thin data
Fair value ₹2.13 · Strongly overvalued (−88.9%)
Thin data

What runs behind every stock

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

Price vs Fair Value

₹110.22 ₹12.74 Fair Value ₹2.13 Apr 2021 Oct 2026

White line = price, green steps = our fair value per fiscal year. As of Oct 31, 2026.

How to read this chart

60‑month range ₹12.74 – ₹110.22 · fair‑value band ₹1.55 – ₹2.84 · the ₹19.13 price screens above the ₹2.13 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 31, 2026.

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Company profile

3i Infotech Limited provides IP based software solutions and information technology services in India and internationally.

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The company offers Kastle Universal Lending System, a centralized database and browser based application to integrate and streamline the loan processing cycle; Kastle Treasury, a treasury management solution; Kastle Core Banking that provides various banking operations for commercial and consumer banking; Kastle Transaction Banking that enables cash and securities movement in the global financial system; Factor/SQL, a factoring software solution; Kastle Integrated Risk Management solution; AMLOCK, an anti-money laundering, and financial crime detection and management solution; Kastle Digital Banking solutions suite to cater the trends of banking and lending practices; and Kastle Business Intelligence, an enterprise analytics platform.

It also provides general, life, and health insurance products under the PREMIA brand name; PREMIA Blogs; MFund Plus Suite, an investment management solution; MFund, a multi-currency, multi-fund portfolio accounting, valuation, and performance evaluation system; and PREMIA e-portal, an insurance-specific Web portal solution.

In addition, the company offers enterprise resource planning solutions, including ORION enterprise suite, a solution that provides industry-specific solutions; ORION financial management solution, which streamlines and unifies financial management process; ORION HRMS and payroll to enhance employee productivity and organizational efficiency; and ORION Mobile ERP, a mobile application to integrate various business processes and modules.

Further, it provides customer relationship management and B2C solutions under ORION brand name. It serves customers in banking, insurance, capital markets, asset and wealth management, government, manufacturing, retail, distribution, telecom, and healthcare industry verticals.

The company was founded in 1993 and is headquartered in Navi Mumbai, India.

Stock analysis

3i Infotech Limited (532628) currently trades at ₹19.13, while our model-based Fair Value estimate is ₹2.13, 88.9% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Growth Earnings group reads highest at a median of ₹3.53 per share, and 0 of the 20 models we run sit above the ₹19.13 price.

Bear case: the Earnings-Based group reads lowest at ₹0.6500, and 20 of the 20 models stay below the price. Data coverage for this calculation is low.

Scenario range: ₹1.55 (bear) to ₹2.84 (bull), the price of ₹19.13 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 67/100 (solid quality), in the Technology sector.

Mixed Growth: Spin-off in 2021: revenue and profit before it include the divested business. Growth is measured afresh from 2021.

3i Infotech Limited reported revenue of ₹7.3B in FY2025 versus ₹6.1B in FY2021, a compound +4.5%/yr. Reported net income was ₹254M in FY2025, compounding −49.5%/yr from FY2021.

Key figures

Market cap ₹5.0B (≈ $52.6M) Micro · P/E ratio 6.5 · P/S ratio 0.47 · EPS (TTM) ₹0.4990 · Net margin 7.4% · Return on equity 20.6% · Return on assets (EBIT) −9.4% · Operating margin 15.0%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).

What moves the price

The share trades about 31% below its 52-week high and 50% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Technology peers we cover trades at 35% fair-value upside, at −89%, 532628 screens richer than that median.

Fair Value models

The price assumes far more growth than our models allow for, so the models scatter widely (₹0.6500 to ₹7.96). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ₹1.55 Fair Value ₹2.13 Bull ₹2.84
Price ₹19.13 · Upside -88.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (₹0.4990 per share) are deliberately not added. 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF ₹1.36 ₹1.60 ₹1.85 79
Growth DCF ₹1.36 ₹1.57 ₹1.79 77
Owner Earnings ₹2.36 ₹2.83 ₹3.33 76
All 20 models by family
DCF Models
FCF DCF ₹1.36 ₹1.60 ₹1.85 79
Owner Earnings ₹2.36 ₹2.83 ₹3.33 76
5Y Revenue Exit ₹1.55 ₹2.13 ₹2.84 71
5Y EBITDA Exit ₹1.66 ₹2.34 ₹3.09 73
5Y P/E Exit ₹2.19 ₹3.28 ₹4.37 69
10Y Revenue Exit ₹1.41 ₹1.81 ₹2.29 66
10Y EBITDA Exit ₹1.48 ₹1.91 ₹2.42 67
10Y P/E Exit ₹1.72 ₹2.37 ₹3.09 62
Earnings-Based
Graham-Dodd ₹1.07 ₹2.58 ₹3.34 63
PEG = 1.0 ₹0.4600 ₹0.6500 ₹0.8500 55
Multiples
P/E Multiple ₹3.29 ₹4.39 ₹5.49 63
P/S Multiple ₹2.00 ₹2.67 ₹3.33 58
P/B Multiple ₹5.97 ₹7.96 ₹9.95 55
EV/EBITDA ₹2.28 ₹2.94 ₹3.60 67
EV/Revenue ₹1.88 ₹2.55 ₹3.23 54
Asset-Based
NCAV (Graham) ₹0.6600 ₹0.8900 ₹1.33 54
Growth DCF
Growth DCF ₹1.36 ₹1.57 ₹1.79 77
Rev-Margin DCF ₹1.55 ₹2.15 ₹2.79 71
Economic Profit
Residual Income ₹1.31 ₹1.31 ₹1.37 68
Growth Earnings
Growth-Adj P/E ₹2.47 ₹3.53 ₹4.58 65

Open the full fair value analysis →

Quality Score breakdown

Overall quality 67/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 60
How much profit the company makes from its sales and capital
Quality Growth 65
Are margins and returns getting better?
Cashflow 56
Do the profits arrive as real cash?
Financial strength 49
Debt, balance sheet and risk of trouble
Investment 100
Does it invest with discipline instead of growing at any price?
Low Volatility 46
How calm the share price moves, does not count
Momentum 44
Price trend of the last 3 to 12 months, does not count
Near the 52-week high 38
Distance to the 52-week high, does not count
New shares 70
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 55/100
Spin-off in 2021: revenue and profit before it include the divested business. Growth is measured afresh from 2021.
Revenue growth 1 year
−10.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.3%
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. 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.
−19.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−19.5%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.10% → −1%
⚠ Revenue per share shrinking 5.6%/yr over ~7Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

532628 screens overvalued: fair value 89% below the price. Compare with International Business Machines Corporation →

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Peer Groupⓘ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.Information Technology Services · 485 stocks

Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 67 · Top 25%
Fair Value upside −88.9% · Bottom 25%
Profitability
Return on equity (12 months) 20.6% · Top 25%
Return on assets 4.4% · Above median
Net margin (12 months) 7.4% · Above median
Operating margin (12 months) 15.0% · Top 25%
Growth and dividend
Revenue growth (quarter YoY) −15.3% · Bottom 25%
Dividend yield (12 months) 0.0% · Bottom 25%
Balance sheet
Debt / equity 0.02× · Below median

Valuation Multiplesvs Information Technology Services median · lower = cheaper

P/E (12 months) 6.5× · Cheapest 25%
P/B 1.63× · Cheaper than median
P/S (12 months) 0.47× · Cheapest 25%
EV/EBITDA 2.6× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 43
FUTURE (revenue growth)0 · sector 30
PAST (return on equity)83 · sector 35
HEALTH (low debt)99 · sector 97
DIVIDEND (yield)0 · sector 40

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

Context: sector, industry, market

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

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Cite: Fair Value Calculator (2026). "3i Infotech Limited Fair Value". https://www.fairvalue-calculator.com/stock/532628

Frequently asked questions

Is 3i Infotech Limited (532628) overvalued or undervalued?
As of Oct 31, 2026, our model estimates a fair value of ₹2.13 versus a price of ₹19.13, about −89% upside (overvalued).
What is the fair value of 532628?
Our model-based fair value for 3i Infotech Limited is ₹2.13 (as of Oct 31, 2026), built from audited fundamentals. The current price: ₹19.13.
What is the quality score of 532628?
3i Infotech Limited has a Quality Score of 67/100. 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 price target for 3i Infotech Limited (532628)?
Our model-based price target is the fair value of ₹2.13 (as of Oct 31, 2026) from 20 valuation models. Cautious scenario ₹1.55, optimistic scenario ₹2.84. It is a calculation from audited fundamentals, not an analyst target.
What is the 3i Infotech Limited stock forecast for 2026?
Our models put fair value at ₹2.13, about −89% upside versus a price of ₹19.13 (overvalued). Cautious scenario ₹1.55, optimistic scenario ₹2.84. The calculation is refreshed regularly with new filings.
What is the revenue of 3i Infotech Limited (532628)?
3i Infotech Limited reported trailing-twelve-month revenue of about ₹10.6B (latest available figure, as of Oct 31, 2026).
What is the intrinsic value of 3i Infotech Limited (532628)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For 3i Infotech Limited it is ₹2.13 per share (as of Oct 31, 2026), against a price of ₹19.13. It is the blended result of 20 valuation models (cash flow, earnings, asset, dividend).
Is 3i Infotech Limited stock overvalued or undervalued in 2026?
As of Oct 31, 2026, 532628 trades above its calculated fair value: price ₹19.13, fair value ₹2.13, a gap of about −89% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 532628?
No. The price is what the market pays today (₹19.13); the fair value is what the company's own numbers justify (₹2.13). For 3i Infotech Limited the two are ₹17.00 per share apart. That gap is exactly why we show both numbers side by side.
How much is 3i Infotech Limited worth?
The market values 3i Infotech Limited at about ₹5.0B (market capitalisation, as of Oct 31, 2026). Per share that is ₹19.13; our models calculate a fair value of ₹2.13 per share.
What do the bullish and bearish scenarios say about 532628?
Our models span a range for 3i Infotech Limited: cautious scenario ₹1.55, base ₹2.13, optimistic ₹2.84 per share (as of Oct 31, 2026, price ₹19.13). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 532628?
3i Infotech Limited trades at a price-to-earnings ratio of 6.5 (as of Oct 31, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹2.13 is built from several models across several years. Other multiples: P/B 1.6, P/S 0.5, EV/EBITDA 2.6.
How solid is the balance sheet of 3i Infotech Limited (532628)?
Balance-sheet figures for 3i Infotech Limited (as of Oct 31, 2026): return on equity 20.6%, debt of 0.02 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is 532628 from its 52-week high?
3i Infotech Limited trades at ₹19.13, about 31% below its 52-week high of ₹27.61 and 50% above the low of ₹12.74 (as of Oct 30, 2026). Distance from the high says nothing about value: that is what the fair value of ₹2.13 is for.
Which stocks are comparable to 3i Infotech Limited?
From the same area (Technology) we also value International Business Machines Corporation, Accenture plc, Tata Consultancy Services Limited, Infosys Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is 3i Infotech Limited stock attractive at the current price?
The data as of Oct 31, 2026: price ₹19.13, calculated fair value ₹2.13 (−89%), Quality Score 67/100, from 20 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 532628 calculated?
We run 3i Infotech Limited through 20 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹2.13, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.4 % above its aggregate fair value. 3i Infotech Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of 3i Infotech Limited (532628)?
The closing price on Oct 30, 2026 was ₹19.13. Our model-based fair value is ₹2.13, about −89% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with 3i Infotech Limited right now?
The price sits above even our optimistic bull case (₹2.84). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (₹1.55 to ₹2.84) leaves room in how you read the outcome.

Key figures of 3i Infotech Limited

How large is the market capitalisation of 3i Infotech Limited (532628)?
The market capitalisation of 3i Infotech Limited is ₹5.0B (≈ $52.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of 3i Infotech Limited (532628)?
The price-to-sales ratio of 3i Infotech Limited is 0.47 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of 3i Infotech Limited (532628)?
Earnings per share at 3i Infotech Limited are ₹0.4990 (price ÷ EPS = P/E 6.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of 3i Infotech Limited (532628)?
The net margin of 3i Infotech Limited is 7.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of 3i Infotech Limited (532628)?
The return on equity (ROE) of 3i Infotech Limited is 20.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of 3i Infotech Limited (532628)?
On an EBIT basis the return on assets of 3i Infotech Limited is −9.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of 3i Infotech Limited (532628)?
The operating margin of 3i Infotech Limited is 15.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at 3i Infotech Limited (532628)?
Revenue at 3i Infotech Limited is growing −15.3% versus a year earlier (3y avg +2.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at 3i Infotech Limited (532628)?
Earnings per share at 3i Infotech Limited are growing +12.5% versus a year earlier. How much earnings per share grew versus a year earlier.
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