Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation
Which stocks are undervalued right now? Check free
Discover now →
Dolat Investments Limited (DOLAT) fair value: what the stock is really worth
We calculate from audited financials what Dolat Investments Limited is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
- Add to watchlist
DI
Thin data
Sep 13, 2026
Dolat Investments Limited
DOLAT · BSEClearly undervaluedStrong Fair Value upside, but quality is only moderate.
✓Fair value ₹138.00 · Strongly undervalued (+100%)
✓Quality 72/100
!Mixed Growth (revenue 5y +27.7 %/yr)
✓Highly profitable · 49.5% net margin (TTM)
✓Low debt · generates free cash flow
·0.22% dividend yield
✓Wide moat 80/100
!Evidence only low, so the estimate is less certain
Watch Dolat Investments Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.
Watch for free
What runs behind every stock
26
valuation models
8 families, DCF to NCAV
37
quality factors
margins, balance sheet, cashflow, debt
6
AI factors
moat, what no ratio measures
2,000+
data points
verified, per stock, median
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range ₹39.76 – ₹182.09 · fair‑value band ₹73.85 – ₹226.45 · the ₹69.00 price screens below the ₹138.00 fair value. Dashed = 300-day average. As of Sep 13, 2026.
Company profile
Dolat Investments Limited trades in shares, securities, commodities, and other financial products through various trading platforms in India. It also invests in stocks, commodities, and derivatives. The company was incorporated in 1983 and is based in Mumbai, India.
Stock analysis
Dolat Investments Limited (DOLAT) currently trades at ₹69.00, while our model-based Fair Value estimate is ₹138.00, implying the stock looks roughly 50.0% undervalued today.
Show more
Valuation
Bull case: the Earnings-Based group reads highest at a median of ₹377.27 per share, and 10 of the 13 models we run sit above the ₹69.00 price.
Bear case: the Asset-Based group reads lowest at ₹38.19, and 3 of the 13 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹73.85 (bear) to ₹226.45 (bull), the price of ₹69.00 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 72/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Dolat Investments Limited reported revenue of ₹5.3B in FY2025 versus ₹2.7B in FY2021, a compound +18.9%/yr. Reported net income was ₹2.2B in FY2025, compounding +10.1%/yr from FY2021.
Key figures
Market cap ₹15.0B (≈ $157M) · P/E ratio 14.6 · P/S ratio 5.92 · EPS (TTM) ₹4.74 · Dividend yield 0.2% · Net margin 40.7% · Return on equity 37.4% · Return on assets (EBIT) 24.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (medium confidence).
What moves the price
The share trades about 28% below its 52-week high and 6% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −26% fair-value upside, at 100%, DOLAT screens cheaper than that median.
Fair Value models
Bear ₹73.85
Fair Value ₹138.00
Bull ₹226.45
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 2025 figures (about 12 months old). Earnings retained since then (₹4.59 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.
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
Growth DCF
₹169.62
₹336.07
₹608.81
75
Owner Earnings
₹191.71
₹435.48
₹947.21
70
Rev-Margin DCF
₹89.18
₹146.11
₹261.65
70
All 13 models by family
DCF Models
Owner Earnings
₹191.71
₹435.48
₹947.21
70
5Y P/E Exit
₹139.94
₹299.50
₹514.83
68
10Y P/E Exit
₹154.23
₹324.54
₹599.58
60
Earnings-Based
Graham-Dodd
₹83.24
₹580.50
₹814.64
63
Lynch FV
₹264.09
₹377.27
₹490.45
61
Dividend Discount
Gordon GGM
₹2.30
₹4.77
₹7.57
66
DDM Multi-Stage
₹2.30
₹4.02
₹5.01
66
Multiples
P/E Multiple
₹119.35
₹159.13
₹198.92
63
P/B Multiple
₹59.85
₹79.80
₹99.75
55
Asset-Based
NCAV (Graham)
₹28.50
₹38.19
₹57.00
54
Growth DCF
Growth DCF
₹169.62
₹336.07
₹608.81
75
Rev-Margin DCF
₹89.18
₹146.11
₹261.65
70
Economic Profit
Residual Income
₹86.52
₹125.84
₹870.06
64
Notify me when DOLAT reaches fair value
Put DOLAT on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Overall quality
72/100
Of which business quality 68 · Market factors (momentum, volatility) 35
Profitability
76
Margins and returns on capital today
Quality Growth
77
Are margins and returns improving?
Cashflow
50
Earnings quality: real cash, not paper profit
Fin. Strength
74
Balance sheet, leverage, solvency risk
Investment
43
Disciplined investing over empire-building
Low Volatility
66
Calm price path (market factor)
Momentum
27
Price trend over the last 3–12 months (market factor)
52W Momentum
14
Distance to the 52-week high (market factor)
Net Issuance
82
Share count: buybacks or dilution?
Revenue & earnings trend
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.
80/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+59.9%
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.
+21.9%
Revenue growth 5 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.
+27.7%
Revenue growth 11 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.
+10.2%
’14
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+25.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+24.8%
Dividend (yield on the price)0.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.25% vs 52%, slowing
Profit margin 2020 to 2025 ⓘ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.64% → 57%
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).
−1.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Watch DOLAT, get fair value alerts →
Compare Dolat Investments Limited with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Capital Markets · 462 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation Multiplesvs Capital Markets median · lower = cheaper
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Indian Stocks
- Valuation of the India market
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
Similar stocks
10 more Capital Markets stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Morgan Stanley, a financial holding company, MS | $214.38 | $185.57 | −13% |
| The Goldman Sachs Group GS | $1,029 | $756.89 | −26% |
| The Charles Schwab Corporation SCHW | $107.25 | $102.31 | −5% |
| Interactive Brokers Group IBKR | $91.37 | $22.69 | −75% |
| Robinhood Markets, Inc HOOD | $112.57 | $47.18 | −58% |
| Macquarie Group MQG | A$245.25 | A$75.58 | −69% |
| CITIC Securities Company 600030 | ¥26.92 | ¥17.68 | −34% |
| Guotai Haitong Securities Co 601211 | ¥17.32 | ¥18.62 | +8% |
| East Money Information Co 300059 | ¥18.31 | ¥4.77 | −74% |
| CSC Financial Co 601066 | ¥23.76 | ¥35.84 | +51% |
Explore undervalued stocks
More undervalued Financial Services stocks →
All undervalued stocks
TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
🥇 Backtested Best
🏆 Big Names
⭐ Top Rated
💎 Quality on Sale
🚀 Profitable Growth
🧊 Quality Compounders
💵 Dividend Stars
📈 Strong Momentum
📉 Fallen Angels
⚖️ Deeply Undervalued
🔍 Small-Cap Gems
🏰 Moat at a Fair Price
💼 Insider Buying
🎩 Buffett-Style Quality
📚 Peter Lynch GARP
🧮 Greenblatt Magic Formula
🛡️ Graham Defensive
Discover tools
Stock screenerFilter by region, size and sector
Compare toolTwo stocks side by side
Extrinsic Value Calculator…Calculator with industry benchmark
Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
Frequently asked questions
Is Dolat Investments Limited (DOLAT) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of ₹138.00 versus a price of ₹69.00, about +100% upside (undervalued).
What is the fair value of DOLAT?
Our model-based fair value for Dolat Investments Limited is ₹138.00 (as of Sep 13, 2026), built from audited fundamentals. The current price: ₹69.00.
What is the quality score of DOLAT?
Dolat Investments Limited has a Quality Score of 72/100. 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 Dolat Investments Limited (DOLAT)?
Our model-based price target is the fair value of ₹138.00 (as of Sep 13, 2026) from 13 valuation models. Cautious scenario ₹73.85, optimistic scenario ₹226.45. It is a calculation from audited fundamentals, not an analyst target.
What is the Dolat Investments Limited stock forecast for 2026?
Our models put fair value at ₹138.00, about +100% upside versus a price of ₹69.00 (undervalued). Cautious scenario ₹73.85, optimistic scenario ₹226.45. The calculation is refreshed regularly with new filings.
Does Dolat Investments Limited pay a dividend?
Dolat Investments Limited currently shows a dividend yield of about 0.22% relative to its recent price (as of Sep 13, 2026).
What growth is priced into Dolat Investments Limited (DOLAT)?
For today's price to be fair in a discounted-cash-flow model, Dolat Investments Limited would have to grow free cash flow by -1.1 % per year for five years (discount rate 14.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +27.7 % per year. As of Sep 13, 2026.
What discount rate (WACC) does the fair value of DOLAT use?
Our models discount Dolat Investments Limited at 14.7 %: a base by market capitalisation (micro), damped by beta 0.84, 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 Dolat Investments Limited that is -1.1 % per year a year over ten years, using the same discount rate (14.7 %) and the same formula as our fair value.
How much growth has Dolat Investments Limited (DOLAT) delivered so far?
Over the past 5 years revenue at Dolat Investments Limited grew +27.7 % a year. The price currently implies -1.1 % 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.
How fast is the sector of Dolat Investments Limited (DOLAT) growing?
The median revenue growth in the sector is +3.2 % a year. That is the yardstick for the growth priced into Dolat Investments Limited (-1.1 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Dolat Investments Limited (DOLAT)?
The free-cash-flow yield on the price is 15.47 %: that much free cash flow Dolat Investments Limited produces per unit of market value. When it exceeds the discount rate of our models (14.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Dolat Investments Limited (DOLAT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Dolat Investments Limited it is ₹138.00 per share (as of Sep 13, 2026), against a price of ₹69.00. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Dolat Investments Limited stock overvalued or undervalued in 2026?
As of Sep 13, 2026, DOLAT trades below its calculated fair value: price ₹69.00, fair value ₹138.00, a gap of about +100% (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 DOLAT?
No. The price is what the market pays today (₹69.00); the fair value is what the company's own numbers justify (₹138.00). For Dolat Investments Limited the two are ₹69.00 per share apart. That gap is exactly why we show both numbers side by side.
How much is Dolat Investments Limited worth?
The market values Dolat Investments Limited at about ₹15.0B (market capitalisation, as of Sep 13, 2026). Per share that is ₹69.00; our models calculate a fair value of ₹138.00 per share.
What do the bullish and bearish scenarios say about DOLAT?
Our models span a range for Dolat Investments Limited: cautious scenario ₹73.85, base ₹138.00, optimistic ₹226.45 per share (as of Sep 13, 2026, price ₹69.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of DOLAT?
Dolat Investments Limited trades at a price-to-earnings ratio of 14.6 (as of Sep 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹138.00 is built from several models across several years. Other multiples: P/B 1.5, P/S 8.9, EV/EBITDA 6.6.
How solid is the balance sheet of Dolat Investments Limited (DOLAT)?
Balance-sheet figures for Dolat Investments Limited (as of Sep 13, 2026): return on equity 37.4%. They feed the Quality Score of 72/100, which measures business quality independently of the share price.
How far is DOLAT from its 52-week high?
Dolat Investments Limited trades at ₹69.00, about 28% below its 52-week high of ₹95.58 and 6% above the low of ₹65.01 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of ₹138.00 is for.
Which stocks are comparable to Dolat Investments Limited?
From the same area (Financial Services) we also value Morgan Stanley, a financial holding company,, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers Group, 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 Dolat Investments Limited stock attractive at the current price?
The data as of Sep 13, 2026: price ₹69.00, calculated fair value ₹138.00 (+100%), Quality Score 72/100, from 13 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 DOLAT calculated?
We run Dolat Investments Limited through 13 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 ₹138.00, 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 15.8 % above its aggregate fair value. Dolat Investments Limited currently trades 100 % 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 should I pay attention to with Dolat Investments Limited right now?
The rarer combination: high quality (72/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case (₹73.85). The market is more pessimistic than our downside scenario. The model range is unusually wide (₹73.85 to ₹226.45). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Dolat Investments Limited
How large is the market capitalisation of Dolat Investments Limited (DOLAT)?
The market capitalisation of Dolat Investments Limited is ₹15.0B (≈ $157M). 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 Dolat Investments Limited (DOLAT)?
The price-to-sales ratio of Dolat Investments Limited is 5.92 (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 Dolat Investments Limited (DOLAT)?
Earnings per share at Dolat Investments Limited are ₹4.74 (price ÷ EPS = P/E 14.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Dolat Investments Limited (DOLAT)?
The dividend yield of Dolat Investments Limited is 0.2% (payout 3.2%). 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 Dolat Investments Limited (DOLAT)?
The net margin of Dolat Investments Limited is 40.7% (fiscal year 2025). 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 Dolat Investments Limited (DOLAT)?
The return on equity (ROE) of Dolat Investments Limited is 37.4% (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 Dolat Investments Limited (DOLAT)?
On an EBIT basis the return on assets of Dolat Investments Limited is 24.6% (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 Dolat Investments Limited (DOLAT)?
The operating margin of Dolat Investments Limited is 73.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Dolat Investments Limited (DOLAT)?
Revenue at Dolat Investments Limited is growing +38.8% versus a year earlier (3y avg +21.9%). 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 Dolat Investments Limited (DOLAT)?
Earnings per share at Dolat Investments Limited are growing +17.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Dolat Investments Limited (DOLAT) carry?
The net debt of Dolat Investments Limited is ₹1.1B (fiscal year 2021, ≈ 0.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Dolat Investments Limited in the live analysis
One click puts Dolat Investments Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.