CapitalNumbers Infotech Limited (CNINFOTECH) fair value: what the stock is really worth
As of Oct 9, 2026: fair value of CapitalNumbers Infotech Limited ₹139, price ₹75.03, upside +84.6%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 4, 2026.
How to read this chart
20‑month range ₹75.03 – ₹250.97 · fair‑value band ₹102.05 – ₹186.14 · the ₹75.03 price screens below the ₹138.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 4, 2026.
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CapitalNumbers Infotech Limited (CNINFOTECH) currently trades at ₹75.03, while our model-based Fair Value estimate is ₹138.52, implying the stock looks roughly 45.8% undervalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of ₹251.45 per share, and 21 of the 24 models we run sit above the ₹75.03 price.
Bear case: the Asset-Based group reads lowest at ₹52.54, and 3 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹102.05 (bear) to ₹186.14 (bull), the price of ₹75.03 sits below 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 64/100 (solid quality), in the Information Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
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.
Key figures
Market cap ₹1.8B (≈ $18.9M) · P/E ratio 7.2 · P/S ratio 1.74 · EPS (TTM) ₹10.44 · Dividend yield 2.7% · Net margin 24.3% · Return on equity 14.6% · Return on assets (EBIT) 30.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 55 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Information Technology peers we cover trades at −10% fair-value upside, at 85%, CNINFOTECH screens cheaper than that median.
Fair Value models
Bear ₹102.05Fair Value ₹138.52Bull ₹186.14
Price ₹75.03 · Upside +84.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹4.51 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.Evidence ⓘEvidence = 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.
Highest evidence
FCF DCF₹108.79₹146.50₹201.5978
Growth DCF₹109.83₹143.05₹188.6176
Owner Earnings₹152.66₹213.19₹301.6174
All 24 models by family
DCF Models
FCF DCF₹108.79₹146.50₹201.5978
Owner Earnings₹152.66₹213.19₹301.6174
5Y Revenue Exit₹116.04₹165.50₹228.6170
5Y EBITDA Exit₹141.58₹213.19₹296.7972
5Y P/E Exit₹186.71₹297.45₹414.0668
10Y Revenue Exit₹110.01₹153.81₹212.5164
10Y EBITDA Exit₹128.48₹186.15₹263.2966
10Y P/E Exit₹156.59₹243.27₹350.6361
Earnings-Based
Graham-Dodd₹71.00₹219.07₹291.1162
Lynch FV₹47.36₹67.65₹87.9558
PEG = 1.0₹47.36₹67.65₹87.9555
EPV₹105.85₹116.84₹126.3171
Multiples
P/E Multiple₹219.25₹292.33₹365.4263
P/S Multiple₹133.12₹177.49₹221.8658
P/B Multiple₹133.12₹177.49₹221.8655
EV/EBIT₹210.65₹268.77₹326.8966
EV/EBITDA₹175.84₹222.36₹268.8867
EV/Revenue₹124.43₹162.21₹199.9954
Asset-Based
NCAV (Graham)₹39.21₹52.54₹78.4254
Growth DCF
Growth DCF₹109.83₹143.05₹188.6176
Rev-Margin DCF₹116.04₹165.38₹221.8670
Economic Profit
Residual Income₹74.25₹88.90₹123.6373
ROIC Compounder₹110.28₹128.93₹150.5269
Growth Earnings
Growth-Adj P/E₹176.01₹251.45₹326.8865
P/S and P/B multiple show the same value here: both are capped by the same earnings anchor (earnings per share times 17), because margin and return on equity do not support the sector multiple.
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.77/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+5.3%
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.
+4.3%
’22
’23
’24
’25
’26
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.
+12.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+10.0%
Dividend (yield on the price)2.7%
Profit margin 2022 to 2026 ⓘ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.31% → 23%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−8.3%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about −11.9% a year for the price.
Compare CapitalNumbers Infotech Limited with another stock
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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.IT Services · 29 stocks
Beats the industry median on 12/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score64 · Top 25%
Fair Value upside+84.6% · Top 25%
Profitability
Return on equity (TTM)14.6% · Top 25%
Return on assets8.9% · Top 25%
Net margin (TTM)24.3% · Top 25%
Operating margin (TTM)24.0% · Top 25%
Growth and dividend
Revenue growth5.7% · Above median
Dividend yield (TTM)2.7% · Top 25%
Valuation Multiplesvs IT Services median · lower = cheaper
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Is CapitalNumbers Infotech Limited (CNINFOTECH) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of ₹138.52 versus a price of ₹75.03, about +85% upside (undervalued).
What is the fair value of CNINFOTECH?
Our model-based fair value for CapitalNumbers Infotech Limited is ₹138.52 (as of Oct 4, 2026), built from audited fundamentals. The current price: ₹75.03.
What is the quality score of CNINFOTECH?
CapitalNumbers Infotech Limited has a Quality Score of 64/100. 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 CapitalNumbers Infotech Limited (CNINFOTECH)?
Our model-based price target is the fair value of ₹138.52 (as of Oct 4, 2026) from 24 valuation models. Cautious scenario ₹102.05, optimistic scenario ₹186.14. It is a calculation from audited fundamentals, not an analyst target.
What is the CapitalNumbers Infotech Limited stock forecast for 2026?
Our models put fair value at ₹138.52, about +85% upside versus a price of ₹75.03 (undervalued). Cautious scenario ₹102.05, optimistic scenario ₹186.14. The calculation is refreshed regularly with new filings.
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 Oct 4, 2026).
Does CapitalNumbers Infotech Limited pay a dividend?
CapitalNumbers Infotech Limited currently shows a dividend yield of about 2.67% relative to its recent price (as of Oct 4, 2026).
What growth is priced into CapitalNumbers Infotech Limited (CNINFOTECH)?
For today's price to be fair in a discounted-cash-flow model, CapitalNumbers Infotech Limited would have to grow free cash flow by -8.3 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +11.1 % per year. As of Oct 4, 2026.
What discount rate (WACC) does the fair value of CNINFOTECH use?
Our models discount CapitalNumbers Infotech Limited at 12.4 %: a base by market capitalisation (nano), country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For CapitalNumbers Infotech Limited that is -8.3 % per year a year over ten years, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has CapitalNumbers Infotech Limited (CNINFOTECH) delivered so far?
Over the past 4 years revenue at CapitalNumbers Infotech Limited grew +11.1 % a year. The price currently implies -8.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
What is the free cash flow yield of CapitalNumbers Infotech Limited (CNINFOTECH)?
The free-cash-flow yield on the price is 8.91 %: that much free cash flow CapitalNumbers Infotech Limited produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of CapitalNumbers Infotech Limited (CNINFOTECH)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CapitalNumbers Infotech Limited it is ₹138.52 per share (as of Oct 4, 2026), against a price of ₹75.03. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is CapitalNumbers Infotech Limited stock overvalued or undervalued in 2026?
As of Oct 4, 2026, CNINFOTECH trades below its calculated fair value: price ₹75.03, fair value ₹138.52, a gap of about +85% (undervalued). 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 CNINFOTECH?
No. The price is what the market pays today (₹75.03); the fair value is what the company's own numbers justify (₹138.52). For CapitalNumbers Infotech Limited the two are ₹63.49 per share apart. That gap is exactly why we show both numbers side by side.
How much is CapitalNumbers Infotech Limited worth?
The market values CapitalNumbers Infotech Limited at about ₹1.8B (market capitalisation, as of Oct 4, 2026). Per share that is ₹75.03; our models calculate a fair value of ₹138.52 per share.
What do the bullish and bearish scenarios say about CNINFOTECH?
Our models span a range for CapitalNumbers Infotech Limited: cautious scenario ₹102.05, base ₹138.52, optimistic ₹186.14 per share (as of Oct 4, 2026, price ₹75.03). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CNINFOTECH?
CapitalNumbers Infotech Limited trades at a price-to-earnings ratio of 7.2 (as of Oct 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹138.52 is built from several models across several years. Other multiples: P/B 1.0, P/S 1.7, EV/EBITDA 3.5.
How solid is the balance sheet of CapitalNumbers Infotech Limited (CNINFOTECH)?
Balance-sheet figures for CapitalNumbers Infotech Limited (as of Oct 4, 2026): return on equity 14.6%. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is CNINFOTECH from its 52-week high?
CapitalNumbers Infotech Limited trades at ₹75.03, about 36% below its 52-week high of ₹117.11 and at the low of ₹75.03 (as of Oct 9, 2026). Distance from the high says nothing about value: that is what the fair value of ₹138.52 is for.
Which stocks are comparable to CapitalNumbers Infotech Limited?
From the same area (Information Technology) we also value BLUECLOUDS, CEINSYSTECH, SANCODE, ACESOFT, 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 CapitalNumbers Infotech Limited stock attractive at the current price?
The data as of Oct 4, 2026: price ₹75.03, calculated fair value ₹138.52 (+85%), Quality Score 64/100, from 24 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 CNINFOTECH calculated?
We run CapitalNumbers Infotech Limited through 24 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 ₹138.52, 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 14.9 % above its aggregate fair value. CapitalNumbers Infotech Limited currently trades 46 % below its own fair value, and the market average says nothing about that. 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 CapitalNumbers Infotech Limited (CNINFOTECH)?
The closing price on Oct 9, 2026 was ₹75.03. Our model-based fair value is ₹138.52, about +85% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CapitalNumbers Infotech Limited right now?
The price is below even our cautious bear case (₹102.05). The market is more pessimistic than our downside scenario. 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 quality (64/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (₹102.05 to ₹186.14) leaves room in how you read the outcome.
Key figures of CapitalNumbers Infotech Limited
How large is the market capitalisation of CapitalNumbers Infotech Limited (CNINFOTECH)?
The market capitalisation of CapitalNumbers Infotech Limited is ₹1.8B (≈ $18.9M). 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 CapitalNumbers Infotech Limited (CNINFOTECH)?
The price-to-sales ratio of CapitalNumbers Infotech Limited is 1.74 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of CapitalNumbers Infotech Limited (CNINFOTECH)?
Earnings per share at CapitalNumbers Infotech Limited are ₹10.44 (price ÷ EPS = P/E 7.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of CapitalNumbers Infotech Limited (CNINFOTECH)?
The dividend yield of CapitalNumbers Infotech Limited is 2.7% (payout 19.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of CapitalNumbers Infotech Limited (CNINFOTECH)?
The net margin of CapitalNumbers Infotech Limited is 24.3% (fiscal year 2026). 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 CapitalNumbers Infotech Limited (CNINFOTECH)?
The return on equity (ROE) of CapitalNumbers Infotech Limited is 14.6% (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 CapitalNumbers Infotech Limited (CNINFOTECH)?
On an EBIT basis the return on assets of CapitalNumbers Infotech Limited is 30.6% (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 CapitalNumbers Infotech Limited (CNINFOTECH)?
The operating margin of CapitalNumbers Infotech Limited is 24.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CapitalNumbers Infotech Limited (CNINFOTECH)?
Revenue at CapitalNumbers Infotech Limited is growing +5.7% versus a year earlier (3y avg +4.3%). 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 CapitalNumbers Infotech Limited (CNINFOTECH)?
Earnings per share at CapitalNumbers Infotech Limited are growing −18.9% versus a year earlier. How much earnings per share grew versus a year earlier.
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