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California Software Company (CALSOFT) Fair Value & Analysis

Technology · IN · Market cap ₹1.5B

CS California Software Company CALSOFT · NSE
Price₹22.32
Fair Value₹32.02
Upside+43.5%
Quality70/100
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Mixed Growth
Highly profitable · 54.1% net margin
Low debt · generates free cash flow
Ranks above peers (11/13)
Wide moat 92/100
Evidence: High Range ₹14.18 – ₹50.76 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated today

Share price −3.2% over the past month.

A solid business, screening 43% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The model range is unusually wide (₹14.18 to ₹50.76). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

₹50.50 ₹8.15 Fair Value ₹32.02 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹8.15 – ₹50.50 · fair‑value band ₹14.18 – ₹50.76 · the ₹22.32 price screens below the ₹32.02 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

California Software Company (CALSOFT) currently trades at ₹22.32, while our model-based Fair Value estimate is ₹32.02, implying the stock looks roughly 43.5% undervalued today. The Quality Score stands at 70/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, California Software Company generated revenue of ₹197M at a net margin of 54.1%. It earns a return on equity of 32.3%. The balance sheet holds a net cash position of ₹44.0M. The stock trades on a trailing P/E of 13.9. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹14.18 (bear case) to ₹50.76 (bull case); at ₹22.32, 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 20% below its 52-week high and 105% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at 43%, CALSOFT 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
Growth DCF ₹7.46 ₹12.19 ₹19.62 80
Residual Income ₹9.99 ₹13.54 ₹65.56 76
Rev-Margin DCF ₹7.97 ₹13.47 ₹24.97 74
All 24 models by family
DCF Models
FCF DCF ₹7.90 ₹11.09 ₹20.61 38
Owner Earnings ₹23.29 ₹47.24 ₹91.66 31
5Y Revenue Exit ₹7.31 ₹11.90 ₹21.50 39
5Y EBITDA Exit ₹19.41 ₹36.33 ₹69.59 41
5Y P/E Exit ₹21.00 ₹49.69 ₹89.44 38
10Y Revenue Exit ₹7.33 ₹14.65 ₹19.24 36
10Y EBITDA Exit ₹15.61 ₹38.40 ₹79.67 37
10Y P/E Exit ₹16.67 ₹41.53 ₹83.74 35
Earnings-Based
Graham-Dodd ₹11.69 ₹81.50 ₹114.38 54
Lynch FV ₹42.11 ₹60.15 ₹78.20 50
PEG = 1.0 ₹42.11 ₹60.15 ₹78.20 46
EPV ₹14.72 ₹16.60 ₹18.16 59
Multiples
P/E Multiple ₹25.78 ₹34.37 ₹42.97 63
P/S Multiple ₹5.96 ₹7.95 ₹9.94 58
P/B Multiple ₹15.02 ₹20.03 ₹25.03 55
EV/EBIT ₹32.25 ₹42.67 ₹53.10 53
EV/EBITDA ₹24.45 ₹32.28 ₹40.10 54
EV/Revenue ₹6.54 ₹8.92 ₹11.31 43
Asset-Based
NCAV (Graham) ₹3.34 ₹4.47 ₹6.68 50
Growth DCF
Growth DCF ₹7.46 ₹12.19 ₹19.62 80
Rev-Margin DCF ₹7.97 ₹13.47 ₹24.97 74
Economic Profit
Residual Income ₹9.99 ₹13.54 ₹65.56 76
ROIC Compounder ₹18.65 ₹26.94 ₹35.39 72
Growth Earnings
Growth-Adj P/E ₹54.26 ₹77.51 ₹100.77 68

Widest divergence: Growth Earnings (₹77.51) versus Asset-Based (₹4.47). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹197M
Revenue growth (YoY) +605%
Net margin 54.1%
Return on equity 32.3%
Free cash flow ₹31.5M FY2026
P/E ratio 13.9
More key figures
Operating margin 88.4%
EPS (TTM) ₹1.72
EPS growth (YoY) +3,364%
Net cash ₹44.0M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 67 · Market factors (momentum, volatility) 71

Profitability 72
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 79
Price trend over the last 3–12 months (market factor)
52W Momentum 84
Distance to the 52-week high (market factor)
Net Issuance 40
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

California Software Company Limited provides integrated software and information services. It offers dSPEEDUp, an ecommerce platform that creates online stores for businesses; dRyZe CRM, an ai-enabled customer relationship management platform; Zaywoo, an AI solutions for businesses; dINSPIRA PoS, a point-of-sale system for small retail businesses; …

Full company description

California Software Company Limited provides integrated software and information services. It offers dSPEEDUp, an ecommerce platform that creates online stores for businesses; dRyZe CRM, an ai-enabled customer relationship management platform; Zaywoo, an AI solutions for businesses; dINSPIRA PoS, a point-of-sale system for small retail businesses; dBotMinds, an AI sales and support chatbot that integrates with dRyZe CRM and websites; and dUltimaX SuperApp, a platform that bundles multiple services, such as e-commerce, CRM, chat, and payments. The company also provides Consulting and Custom Solutions including custom software development, AI integration consulting, and other professional services. California Software Company Limited was incorporated in 1992 and is based in Chennai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

California Software Company reported revenue of ₹197M in FY2026 versus ₹109M in FY2022, a compound +16.0%/yr. Reported net income was ₹106M in FY2026, compounding +23.6%/yr from FY2022.

Growth Quality 75/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹197M
Latest YoY
+260.9%
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.
+92.3%
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.
+68.3%
Avg. growth/yr (20Y) 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.
−8.4%
Revenue +16.0%/yr
FY22 ₹109M
FY23 ₹27.6M
FY24 ₹42.8M
FY25 ₹54.5M
FY26 ₹197M
Net income +23.6%/yr
FY22 ₹45.5M
FY23 ₹2.2M
FY24 ₹6.2M
FY25 ₹7.2M
FY26 ₹106M

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Cite: Fair Value Calculator (2026). "California Software Company Fair Value". https://www.fairvalue-calculator.com/stock/CALSOFT

Peer Group

Software - Application · 716 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 70 · Top 25%
Fair Value upside +44% · Top 25%
Return on equity (TTM) 32% · Top 25%
Return on assets 23% · Top 25%
Net margin (TTM) 54% · Top 25%
Operating margin (TTM) 88% · Top 25%
Revenue growth 605% · Top 25%

Valuation Multiples vs Software - Application median · lower = cheaper

P/E (TTM) 13.9× · Cheaper than 75% of peers
P/B 3.57× · Pricier than median
P/S (TTM) 7.51× · Pricier than 75% of peers
P/FCF 0.5× · Cheaper than 75% of peers
EV/EBITDA 9.5× · 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.

VALUE 91 · sector 0
FUTURE 100 · sector 38
PAST 100 · sector 13
HEALTH 100 · sector 98
DIVIDEND 0 · sector 27

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 Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

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Frequently asked questions

Is California Software Company (CALSOFT) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹32.02 versus a price of ₹22.32, about +43% (undervalued).
What is the fair value of CALSOFT?
Our model-based fair value for California Software Company is ₹32.02 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹22.32.
What is the quality score of CALSOFT?
California Software Company has a Quality Score of 70/100. 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 California Software Company (CALSOFT)?
California Software Company reported trailing-twelve-month revenue of about ₹197M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of CALSOFT?
The net profit margin of California Software Company is about 54.1%, meaning it keeps roughly 54.1% 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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