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CapitalNumbers Infotech Limited (CNINFOTECH) Fair Value & Analysis

Information Technology · IN · Market cap ₹2.4B (≈ $25.1M) · ISIN INE0WXM01011

CI CapitalNumbers Infotech Limited CNINFOTECH · BSE
Price₹82.98
Fair Value₹138.32
Upside+66.7%
Quality63/100
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Strengths

Trades 40% below our fair value of ₹138.32
Healthy Growth (revenue 3y +4.3 %/yr)
Highly profitable · 24.3% net margin
Low debt · generates free cash flow

Risks

!Weak on future: 29 out of 100
Healthy Growth (revenue 3y +4.3 %/yr)
Highly profitable · 24.3% net margin
Low debt · generates free cash flow
2.00% dividend yield
Ranks above peers (12/14)
Wide moat 70/100
Evidence: High Range ₹101.77 – ₹185.92 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 14 days ago

Share price −2.9% over the past month.

A solid business, trading 40% below 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

  • The price is below even our cautious bear case (₹101.77). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (₹101.77 to ₹185.92) leaves room in how you read the outcome.
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Price vs Fair Value (19 months)

₹250.97 ₹76.45 Fair Value ₹138.32 Jan 2025 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

19‑month range ₹76.45 – ₹250.97 · fair‑value band ₹101.77 – ₹185.92 · the ₹82.98 price screens below the ₹138.32 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

CapitalNumbers Infotech Limited (CNINFOTECH) currently trades at ₹82.98, while our model-based Fair Value estimate is ₹138.32, implying the stock looks roughly 66.7% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Information 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, CapitalNumbers Infotech Limited generated revenue of ₹1.1B at a net margin of 24.3%. Revenue grew 5.7% year over year. It earns a return on equity of 14.6%. The stock trades on a trailing P/E of 7.9. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹101.77 (bear case) to ₹185.92 (bull case); at ₹82.98, 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 42% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Information Technology peers we cover trades at -32% fair-value upside, at 67%, CNINFOTECH 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 ₹109.28 ₹142.26 ₹187.48 80
Residual Income ₹73.97 ₹90.03 ₹192.70 76
Rev-Margin DCF ₹115.84 ₹165.16 ₹221.59 74
All 24 models by family
DCF Models
FCF DCF ₹108.25 ₹145.68 ₹200.36 38
Owner Earnings ₹152.13 ₹212.37 ₹300.39 31
5Y Revenue Exit ₹115.84 ₹165.28 ₹228.37 39
5Y EBITDA Exit ₹141.39 ₹212.97 ₹296.55 41
5Y P/E Exit ₹186.52 ₹297.23 ₹413.83 38
10Y Revenue Exit ₹109.69 ₹153.44 ₹212.09 36
10Y EBITDA Exit ₹128.17 ₹185.78 ₹262.87 37
10Y P/E Exit ₹156.27 ₹242.90 ₹350.21 35
Earnings-Based
Graham-Dodd ₹71.00 ₹219.07 ₹291.11 54
Lynch FV ₹47.36 ₹67.65 ₹87.95 50
PEG = 1.0 ₹47.36 ₹67.65 ₹87.95 46
EPV ₹105.85 ₹116.84 ₹126.31 59
Multiples
P/E Multiple ₹219.25 ₹292.33 ₹365.42 63
P/S Multiple ₹133.12 ₹177.49 ₹221.86 58
P/B Multiple ₹133.12 ₹177.49 ₹221.86 55
EV/EBIT ₹210.65 ₹268.77 ₹326.89 53
EV/EBITDA ₹175.84 ₹222.36 ₹268.88 54
EV/Revenue ₹124.43 ₹162.21 ₹199.99 43
Asset-Based
NCAV (Graham) ₹39.21 ₹52.54 ₹78.42 50
Growth DCF
Growth DCF ₹109.28 ₹142.26 ₹187.48 80
Rev-Margin DCF ₹115.84 ₹165.16 ₹221.59 74
Economic Profit
Residual Income ₹73.97 ₹90.03 ₹192.70 76
ROIC Compounder ₹110.28 ₹128.93 ₹150.52 72
Growth Earnings
Growth-Adj P/E ₹176.01 ₹251.45 ₹326.88 68

Widest divergence: Growth Earnings (₹251.45) versus Asset-Based (₹52.54). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/E ratio 7.9
P/S ratio 1.93 P/E × margin
EPS (TTM) ₹10.44 price ÷ EPS = P/E 7.9
Dividend yield 2.0% payout 15.9%
Net margin 24.3% FY2026
Return on equity 14.6% TTM
More key figures
Profitability
Return on assets (EBIT) 30.6% avg 5y
Operating margin 19.9% TTM
Growth
Revenue (TTM) ₹1.1B TTM
Revenue growth (YoY) +5.7% 3y avg +4.3%
EPS growth (YoY) -19.0%
Balance sheet & cash flow
Free cash flow ₹163M FY2026

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

Quality Score breakdown

Overall quality 63/100

Of which business quality 64 · Market factors (momentum, volatility) 28

Profitability 62
Margins and returns on capital today
Quality Growth 29
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 31
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 11
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.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

CapitalNumbers Infotech Limited reported revenue of ₹1.1B in FY2026 versus ₹691M in FY2022, a compound +11.1%/yr. Reported net income was ₹255M in FY2026, compounding +12.6%/yr from FY2022.

Growth Quality 77/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹1.1B
Latest YoY
+5.3%
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.
+4.3%
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.
+12.0% (10.0 + 2.0)
Revenue +11.1%/yr
FY22 ₹691M
FY23 ₹926M
FY24 ₹982M
FY25 ₹997M
FY26 ₹1.1B
Net income +12.6%/yr
FY22 ₹158M
FY23 ₹174M
FY24 ₹261M
FY25 ₹258M
FY26 ₹255M

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

Peer Group

IT Services · 37 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 63 · Top 25%
Fair Value upside +67% · Top 25%
Return on equity (TTM) 15% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 24% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth 6% · Above median
Dividend yield (TTM) 2.4% · Top 25%

Valuation Multiples vs IT Services median · lower = cheaper

P/E (TTM) 7.9× · Cheaper than 75% of peers
P/B 1.25× · Cheaper than median
P/S (TTM) 2.28× · Pricier than median
P/FCF 0.2× · Pricier than median
EV/EBITDA 6.0× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 0
FUTURE29 · sector 0
PAST59 · sector 15
HEALTH100 · sector 100
DIVIDEND48 · sector 5

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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Frequently asked questions

Is CapitalNumbers Infotech Limited (CNINFOTECH) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹138.32 versus a price of ₹82.98, about +67% (undervalued).
What is the fair value of CNINFOTECH?
Our model-based fair value for CapitalNumbers Infotech Limited is ₹138.32 (as of Aug 13, 2026), built from audited fundamentals. The current price: ₹82.98.
What is the quality score of CNINFOTECH?
CapitalNumbers Infotech Limited has a Quality Score of 63/100. 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 CapitalNumbers Infotech Limited (CNINFOTECH)?
CapitalNumbers Infotech Limited reported trailing-twelve-month revenue of about ₹1.1B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of CNINFOTECH?
The net profit margin of CapitalNumbers Infotech Limited is about 24.3%, meaning it keeps roughly 24.3% of revenue as net income. Based on the latest reported figures.
Does CapitalNumbers Infotech Limited pay a dividend?
CapitalNumbers Infotech Limited currently shows a dividend yield of about 2.00% relative to its recent price (as of Aug 13, 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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