HB Stockholdings Limited (HBSL) Fair Value & Analysis
Financial Services · IN · Market cap ₹368M
Fair value as of: Aug 13, 2026
From 2 valuation models · updated 3 days ago
Fair value updated Aug 13, 2026, revised from ₹9.71 to ₹93.53 (+863.2%) since Aug 6, 2026. Share price +17.2% over the past month.
A solid business, screening 61% undervalued on our models.
What matters now
- The price is below even our cautious bear case (₹70.14). 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 (50/100) at a price below fair value, the discount is the argument here, not the business quality.
- For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Price vs Fair Value (5 years)
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 ₹15.15 – ₹180.60 · fair‑value band ₹70.14 – ₹116.91 · the ₹57.96 price screens below the ₹93.53 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
HB Stockholdings Limited (HBSL) currently trades at ₹57.96, while our model-based Fair Value estimate is ₹93.53, implying the stock looks roughly 61.4% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Financial Services 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: low), always confirm before acting.
Trailing-twelve-month revenue stands at ₹25.8M. Revenue declined 79.6% year over year. It earns a return on equity of -12.8%. Net debt stands at ₹94.3M. Fundamentals as of Aug 13, 2026
Our scenario range runs from ₹70.14 (bear case) to ₹116.91 (bull case); at ₹57.96, 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 47% below its 52-week high and 36% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -22% fair-value upside, at 61%, HBSL 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.
All 2 models by family
Widest divergence: Multiples (₹93.53) versus Asset-Based (₹73.72). Highest evidence: P/B Multiple (55).
Notify me when HBSL reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 56 · Market factors (momentum, volatility) 26
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
HB Stockholdings Limited, a non-banking financial and non-deposit taking company, engages in the investment in securities business in India. The company involved in undertaking of financial services; sale and purchase of securities; and dealing in various kinds of securities.
Full company description
HB Stockholdings Limited, a non-banking financial and non-deposit taking company, engages in the investment in securities business in India. The company involved in undertaking of financial services; sale and purchase of securities; and dealing in various kinds of securities. The company was formerly known as HB Portfolio Leasing Limited and changed its name to HB Stockholdings Limited in February 1997. HB Stockholdings Limited was incorporated in 1985 and is headquartered in Gurugram, India.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
HB Stockholdings Limited reported revenue of −₹58.6M in FY2026 versus ₹69.0M in FY2022. Reported net income was −₹108M in FY2026.
Watch HBSL: get an alert when its fair value changes →
Peer Group
Capital Markets · 423 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.
Valuation Multiples vs Capital Markets median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Mirae Asset Securities Co 006800 | 38,050 KRW | 18,009 KRW | -53% |
| Meritz Financial Group 138040 | 118,600 KRW | 52,717 KRW | -56% |
| Korea Investment Holdings 071050 | 200,500 KRW | 189,335 KRW | -6% |
| NH Investment & Securities Co 005940 | 28,550 KRW | 22,396 KRW | -22% |
| Samsung Securities Co 016360 | 93,100 KRW | 75,573 KRW | -19% |
| Kiwoom Securities Co 039490 | 299,000 KRW | 214,812 KRW | -28% |
| SSI Securities Corporation SSI | 25,300 VND | 17,375 VND | -31% |
| Bolsas y Mercados Argentinos S.A BYMA | 313.75 ARS | 294.30 ARS | -6% |
| Daishin Securities Co 003540 | 26,950 KRW | 48,790 KRW | +81% |
| SK Securities Co 001515 | 4,285 KRW | 1,395 KRW | -67% |
Compare HB Stockholdings Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Financial Services stocks →
Frequently asked questions
Is HB Stockholdings Limited (HBSL) overvalued or undervalued?
What is the fair value of HBSL?
What is the quality score of HBSL?
What is the revenue of HB Stockholdings Limited (HBSL)?
What is the net profit margin of HBSL?
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.
Track HB Stockholdings Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.