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Alankit Limited (ALANKIT) Fair Value & Analysis

Technology · IN · Market cap ₹2.3B

AL Alankit Limited ALANKIT · NSE
Price₹8.22
Fair Value₹11.97
Upside+45.6%
Quality34/100
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Mixed Growth
Thin margins · 7.8% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Narrow moat 24/100
Evidence: Medium Range ₹8.98 – ₹14.97 Share as image

Fair value as of: Aug 2, 2026

From 11 valuation models · updated 11 days ago

Share price +1.9% over the past month.

Below-average quality, screening 46% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (34/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (₹8.98). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

₹28.78 ₹6.82 Fair Value ₹11.97 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹6.82 – ₹28.78 · fair‑value band ₹8.98 – ₹14.97 · the ₹8.22 price screens below the ₹11.97 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Alankit Limited (ALANKIT) currently trades at ₹8.22, while our model-based Fair Value estimate is ₹11.97, implying the stock looks roughly 45.6% undervalued today. The Quality Score stands at 34/100 (below-average quality), in the Technology 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: medium), always confirm before acting.

Over the trailing twelve months, Alankit Limited generated revenue of ₹2.4B at a net margin of 7.8%. Revenue declined 50.1% year over year. It earns a return on equity of 6.3%. The balance sheet holds a net cash position of ₹393M. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹8.98 (bear case) to ₹14.97 (bull case); at ₹8.22, the current price sits below 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 55% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 46%, ALANKIT 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 ₹9.08 ₹9.32 ₹9.28 76
Growth-Adj P/E ₹22.23 ₹31.76 ₹41.29 68
P/E Multiple ₹10.56 ₹14.09 ₹17.61 63
All 11 models by family
DCF Models
Owner Earnings ₹12.51 ₹25.43 ₹51.58 31
Earnings-Based
Graham-Dodd ₹4.79 ₹33.40 ₹46.87 54
Lynch FV ₹17.26 ₹24.65 ₹32.05 50
PEG = 1.0 ₹17.26 ₹24.65 ₹32.05 46
Multiples
P/E Multiple ₹10.56 ₹14.09 ₹17.61 63
P/S Multiple ₹8.98 ₹11.97 ₹14.97 58
P/B Multiple ₹8.98 ₹11.97 ₹14.97 55
EV/EBITDA ₹5.18 ₹6.28 ₹7.38 54
Asset-Based
NCAV (Graham) ₹5.85 ₹7.84 ₹11.70 50
Economic Profit
Residual Income ₹9.08 ₹9.32 ₹9.28 76
Growth Earnings
Growth-Adj P/E ₹22.23 ₹31.76 ₹41.29 68

Widest divergence: Growth Earnings (₹31.76) versus Asset-Based (₹7.84). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹2.4B
Revenue growth (YoY) -50.1%
Net margin 7.8%
Return on equity 6.3%
Free cash flow −₹224M FY2026
P/E ratio 11.9
More key figures
Operating margin 1.1%
EPS (TTM) ₹0.7000
EPS growth (YoY) -49.3%
Net cash ₹393M FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 38 · Market factors (momentum, volatility) 30

Profitability 37
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 38
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 39
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

Alankit Limited provides e-governance products and services in India. It operates through four segments: Financial Services, E- Governance Services, E- Governance Trading, and IT Enabled Services.

Full company description

Alankit Limited provides e-governance products and services in India. It operates through four segments: Financial Services, E- Governance Services, E- Governance Trading, and IT Enabled Services. The company offers permanent account number (PAN) card applications; change in PAN particulars applications; e-TDS/e-TCS/AIR/e-TBAF returns in electronic mode from corporate and non-corporate assesses; digitization of paper returns filed with income tax department; enrolment, uploading of details, and correction/updating in Aadhaar card; and Goods and Services Tax (GST) Suvidha Provider that provides end to end GST compliance solution. It also offers manpower consultancy services; and Atal Pension Yojana that save small amounts during productive years and enables to draw pension at the old age. In addition, the company is involved in distribution of card printers and accessories; and implementation and management of paper to follow process for the cheque truncation system, as well as operates as business correspondents; and develops National Skills Registry, a fact sheet of credible, permanent, and accessible information about each registered person. Further, it provides Recordxpert.com, a web-based health and wellness portal for scanning and digitization of medical records; GST billing solutions, including GST Filing, GST Invoice Generation, and GST Accounting software; online GST registration and kiosk banking services; and National Insurance"Policy Repository services to store insurance policies electronically, as well as PAN card correction services. The company was formerly known as Euro Finmart Limited and changed its name to Alankit Limited in September 2014. Alankit Limited was incorporated in 1989 and is based in New Delhi, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Alankit Limited reported revenue of ₹3.4B in FY2026 versus ₹1.3B in FY2022, a compound +28.0%/yr. Reported net income was ₹191M in FY2026, compounding +68.7%/yr from FY2022.

Growth Quality 50/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹3.4B
Latest YoY
+14.1%
Avg. 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.
+3.3%
Avg. 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.
+24.5%
Avg. growth/yr (17Y) 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.
+76.1%
Revenue +28.0%/yr
FY22 ₹1.3B
FY23 ₹3.1B
FY24 ₹2.4B
FY25 ₹3.0B
FY26 ₹3.4B
Net income +68.7%/yr
FY22 ₹23.6M
FY23 −₹337M
FY24 ₹216M
FY25 ₹199M
FY26 ₹191M
Character of growth · EPS growth decomposed (2015-2026) +8.4 % p.a.
Revenue per share +16.8 pp

of which total revenue +25.2 pp · buybacks/dilution −8.4 pp

EBIT margin −11.3 pp
Tax rate +1.5 pp
Residual (interest, one-offs) +1.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Alankit Limited Fair Value". https://www.fairvalue-calculator.com/stock/ALANKIT

Peer Group

Information Technology Services · 481 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 34 · Bottom 25%
Fair Value upside +46% · Top 25%
Return on equity (TTM) 6% · Below median
Return on assets -1% · Bottom 25%
Net margin (TTM) 8% · Above median
Operating margin (TTM) 1% · Below median
Revenue growth -50% · Bottom 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 11.9× · Cheaper than 75% of peers
P/B 0.71× · Cheaper than median
P/S (TTM) 0.93× · Pricier than median
EV/EBITDA 21.6× · Pricier 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 94 · sector 22
FUTURE 0 · sector 29
PAST 25 · sector 37
HEALTH 99 · sector 97
DIVIDEND 0 · sector 38

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Alankit Limited (ALANKIT) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹11.97 versus a price of ₹8.22, about +46% (undervalued).
What is the fair value of ALANKIT?
Our model-based fair value for Alankit Limited is ₹11.97 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹8.22.
What is the quality score of ALANKIT?
Alankit Limited has a Quality Score of 34/100. 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 Alankit Limited (ALANKIT)?
Alankit Limited reported trailing-twelve-month revenue of about ₹2.4B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of ALANKIT?
The net profit margin of Alankit Limited is about 7.8%, meaning it keeps roughly 7.8% of revenue as net income. 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.

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