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Crest Ventures Limited (CREST) Fair Value & Analysis

Financial Services · IN · Market cap ₹11.1B

CV Crest Ventures Limited CREST · NSE
Price₹363.35
Fair Value₹281.67
Upside-22.5%
Quality45/100
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Expensive Growth
Highly profitable · 29.4% net margin
Low debt · negative free cash flow
0.25% dividend yield
Trails peers (5/13)
Moderate moat 57/100
Evidence: High Range ₹211.25 – ₹352.08 Share as image

Fair value as of: Aug 2, 2026

From 9 valuation models · updated 11 days ago

Share price −1.8% over the past month.

Below-average quality, and screening another 22% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹352.08). The favourable scenario is already priced in.
  • Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

₹586.90 ₹73.06 Fair Value ₹281.67 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 ₹73.06 – ₹586.90 · fair‑value band ₹211.25 – ₹352.08 · the ₹363.35 price screens above the ₹281.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Crest Ventures Limited (CREST) currently trades at ₹363.35, while our model-based Fair Value estimate is ₹281.67, implying the stock looks roughly 22.5% overvalued today. The Quality Score stands at 45/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Crest Ventures Limited generated revenue of ₹1.6B at a net margin of 29.4%. Revenue declined 32.7% year over year. It earns a return on equity of 3.8%. Net debt stands at ₹208M. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹211.25 (bear case) to ₹352.08 (bull case); at ₹363.35, the current price sits above 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 13% below its 52-week high and 22% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -22% fair-value upside, at -22%, CREST screens richer 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 ₹338.73 ₹329.60 ₹286.05 76
Gordon GGM ₹9.15 ₹19.02 ₹30.18 70
P/E Multiple ₹161.54 ₹215.39 ₹269.24 63
All 9 models by family
DCF Models
Owner Earnings ₹149.34 ₹287.65 ₹522.10 31
Earnings-Based
Graham-Dodd ₹112.67 ₹487.63 ₹666.69 54
Lynch FV ₹125.26 ₹178.94 ₹232.62 50
Dividend Discount
Gordon GGM ₹9.15 ₹19.02 ₹30.18 70
DDM Multi-Stage ₹9.15 ₹16.04 ₹19.97 61
Multiples
P/E Multiple ₹161.54 ₹215.39 ₹269.24 63
P/B Multiple ₹211.25 ₹281.67 ₹352.08 55
Asset-Based
NCAV (Graham) ₹231.20 ₹309.80 ₹462.39 50
Economic Profit
Residual Income ₹338.73 ₹329.60 ₹286.05 76

Widest divergence: Economic Profit (₹329.60) versus Dividend Discount (₹16.04). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹1.6B
Revenue growth (YoY) -32.7%
Net margin 29.4%
Return on equity 3.8%
Free cash flow −₹2.1B FY2026
P/E ratio 23.8
More key figures
Operating margin 44.0%
EPS (TTM) ₹16.46
Dividend yield 0.3%
EPS growth (YoY) +8.1%
Net debt ₹208M FY2026

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

Quality Score breakdown

Overall quality 45/100

Of which business quality 44 · Market factors (momentum, volatility) 53

Profitability 34
Margins and returns on capital today
Quality Growth 33
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 45
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 44
Distance to the 52-week high (market factor)
Net Issuance 80
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

Crest Ventures Limited operates as a non-banking finance company in India. The company operates through two segments: financial services/credit and real estate. The company develops various real estate projects, such as residential and commercial projects, as well as malls, hotels, and townships.

Full company description

Crest Ventures Limited operates as a non-banking finance company in India. The company operates through two segments: financial services/credit and real estate. The company develops various real estate projects, such as residential and commercial projects, as well as malls, hotels, and townships. It provides real estate development allied activities, including acquisition, development, leasing, and operation of residential, commercial, and purpose built rental housing assets such as BTR, co-living, and student housing. It also provides financial services, including asset management; mutual fund distribution services; and investment management services to family offices and high net worth individuals, as well as deals in wholesale debt markets, foreign exchange markets, interest rate swaps, and currency options. In addition, the company offers destination and event management services, such as tours; meetings, incentives, conferencing, and exhibitions; events; and online services. Crest Ventures Limited was incorporated in 1982 and is based in Mumbai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Crest Ventures Limited reported revenue of ₹1.6B in FY2026 versus ₹569M in FY2022, a compound +29.3%/yr. Reported net income was ₹468M in FY2026, compounding +40.3%/yr from FY2022.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹1.6B
Latest YoY
−0.4%
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.
+18.4%
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.
+23.9%
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.
+8.9%
Revenue +29.3%/yr
FY22 ₹569M
FY23 ₹958M
FY24 ₹1.4B
FY25 ₹1.6B
FY26 ₹1.6B
Net income +40.3%/yr
FY22 ₹121M
FY23 ₹4.0B
FY24 ₹601M
FY25 ₹885M
FY26 ₹468M
Character of growth · EPS growth decomposed (2016-2026) +3.0 % p.a.
Revenue per share +10.8 pp

of which total revenue +14.7 pp · buybacks/dilution −3.9 pp

EBIT margin +13.6 pp
Tax rate −3.1 pp
Residual (interest, one-offs) −18.2 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).

CREST screens 22% overvalued. Compare with ORIX Corporation →

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Cite: Fair Value Calculator (2026). "Crest Ventures Limited Fair Value". https://www.fairvalue-calculator.com/stock/CREST

Peer Group

Financial Conglomerates · 54 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 46 · Bottom 25%
Fair Value upside −23% · Below median
Return on equity (TTM) 4% · Below median
Return on assets 3% · Top 25%
Net margin (TTM) 29% · Top 25%
Operating margin (TTM) 44% · Top 25%
Revenue growth -33% · Bottom 25%
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.21× · Lower than median

Valuation Multiples vs Financial Conglomerates median · lower = cheaper

P/E (TTM) 23.8× · Pricier than median
P/B 0.85× · Cheaper than median
P/S (TTM) 6.96× · Pricier than 75% of peers
EV/EBITDA 13.3× · Pricier 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 3 · sector 10
FUTURE 0 · sector 35
PAST 15 · sector 32
HEALTH 89 · sector 84
DIVIDEND 5 · sector 42

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 Financial Conglomerates stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
ORIX Corporation IX $40.31 $35.05 -13%
Bajaj Finserv Ltd BAJAJFINSV ₹2,065 ₹682.29 -67%
Yuanta Financial Holding 2885 66.70 TWD 35.75 TWD -46%
China Galaxy Securities Co 601881 ¥12.94 ¥18.92 +46%
Guosen Securities Co 002736 ¥10.34 ¥17.96 +74%
CNPC Capital Company 000617 ¥6.80 ¥5.78 -15%
Aditya Birla Capital Limited ABCAPITAL ₹399.25 ₹176.15 -56%
Freedom Holding FRHC $152.69 $32.75 -79%
Voya Financial, Inc VOYA $98.49 $76.48 -22%
Guangzhou Yuexiu Capital Holdings 000987 ¥7.72 ¥5.63 -27%

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Frequently asked questions

Is Crest Ventures Limited (CREST) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹281.67 versus a price of ₹363.35, about −22% (overvalued).
What is the fair value of CREST?
Our model-based fair value for Crest Ventures Limited is ₹281.67 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹363.35.
What is the quality score of CREST?
Crest Ventures Limited has a Quality Score of 45/100. 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 Crest Ventures Limited (CREST)?
Crest Ventures Limited reported trailing-twelve-month revenue of about ₹1.6B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of CREST?
The net profit margin of Crest Ventures Limited is about 29.4%, meaning it keeps roughly 29.4% of revenue as net income. Based on the latest reported figures.
Does Crest Ventures Limited pay a dividend?
Crest Ventures Limited currently shows a dividend yield of about 0.25% relative to its recent price (as of Aug 2, 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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