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IKAB SECURITIES & INVESTMENT LTD. (IKAB) Fair Value & Analysis

Financials · IN · Market cap ₹3.5B

IS IKAB SECURITIES & INVESTMENT LTD. IKAB · BSE
Price₹1,067
Fair Value₹118.55
Upside-88.9%
Quality62/100
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Weak Growth
Thin margins · 0.0% net margin
negative free cash flow
Moderate moat 49/100
Evidence: Medium Range ₹88.91 – ₹148.18 Share as image

Fair value as of: Aug 16, 2026

From 4 valuation models · updated 4 days ago

Fair value updated Aug 16, 2026, revised from ₹173.72 to ₹118.55 (−31.8%) since Aug 12, 2026.

A solid business, but screening 89% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹148.18). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) 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)

₹2,728 ₹13.36 Fair Value ₹118.55 Dec 2015 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 16, 2026.

How to read this chart

60‑month range ₹13.36 – ₹2,728 · fair‑value band ₹88.91 – ₹148.18 · the ₹1,067 price screens above the ₹118.55 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 16, 2026.

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Analysis

IKAB SECURITIES & INVESTMENT LTD. (IKAB) currently trades at ₹1,067, while our model-based Fair Value estimate is ₹118.55, implying the stock looks roughly 88.9% overvalued today. The Quality Score stands at 62/100 (solid quality), in the Financials 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: medium).

Our scenario range runs from ₹88.91 (bear case) to ₹148.18 (bull case); at ₹1,067, 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 41% below its 52-week high and 46% above its 52-week low. For context, the median of 10 Financials peers we cover trades at 9% fair-value upside, at -89%, IKAB 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
P/E Multiple ₹136.58 ₹182.11 ₹227.63 63
Residual Income ₹95.71 ₹132.15 ₹962.70 61
P/B Multiple ₹49.87 ₹66.49 ₹83.11 55
All 4 models by family
Multiples
P/E Multiple ₹136.58 ₹182.11 ₹227.63 63
P/B Multiple ₹49.87 ₹66.49 ₹83.11 55
Asset-Based
NCAV (Graham) ₹23.75 ₹31.82 ₹47.49 50
Economic Profit
Residual Income ₹95.71 ₹132.15 ₹962.70 61

Widest divergence: Economic Profit (₹132.15) versus Asset-Based (₹31.82). Highest evidence: P/E Multiple (63).

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Quality Score breakdown

Overall quality 62/100

Of which business quality 60 · Market factors (momentum, volatility) 30

Profitability 89
Margins and returns on capital today
Quality Growth 91
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 46
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 16
Distance to the 52-week high (market factor)
Net Issuance 67
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.

Revenue & earnings trend

FY2019 – FY2022 · reported fiscal years

IKAB SECURITIES & INVESTMENT LTD. reported revenue of ₹137M in FY2022 versus ₹896M in FY2019, a compound −46.5%/yr. Reported net income was ₹45.7M in FY2022.

Growth Quality 17/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2022)
₹137M
Latest YoY
+65.2%
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.
−46.5%
Revenue −46.5%/yr
FY19 ₹896M
FY20 ₹21.3M
FY21 ₹83.0M
FY22 ₹137M
Net income
FY19 −₹142K
FY20 −₹14.7M
FY21 ₹27.0M
FY22 ₹45.7M

IKAB screens 89% overvalued. Compare with Affiliated Managers Group →

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Cite: Fair Value Calculator (2026). "IKAB SECURITIES & INVESTMENT LTD. Fair Value". https://www.fairvalue-calculator.com/stock/IKAB

Peer Group

Investment Banking & Investment Services · 15 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 61 · Top 25%
Fair Value upside −84% · Bottom 25%
Return on assets 0% · Above median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Above median

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 Investment Banking & Investment Services stocks, each showing price versus our Fair Value estimate (as of Aug 16, 2026).

Stock Price Fair Value vs Fair Value
Affiliated Managers Group MGR $19.98 $36.17 +81%
Hercules Capital, Inc HCXY $25.00 $50.00 +100%
Edelweiss Financial Services Limited 532922 ₹118.95 ₹120.44 +1%
Mirae Asset Venture Investment Co 100790 17,570 KRW 15,124 KRW -14%
Aju IB Investment Co 027360 4,585 KRW 1,047 KRW -77%
EBEST Investment & Securities Co 078020 6,670 KRW 6,663 KRW -0%
SERA SERA ₹43.28 ₹84.55 +95%
ABA ABA 0.3150 PHP 0.6300 PHP +100%
Lindeman Asia Investment Co 277070 3,010 KRW 3,279 KRW +9%
Leaders Technology Investment Co 019570 2,765 KRW 792.29 KRW -71%

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Frequently asked questions

Is IKAB SECURITIES & INVESTMENT LTD. (IKAB) overvalued or undervalued?
As of Aug 16, 2026, our model estimates a fair value of ₹118.55 versus a price of ₹1,067, about −89% (overvalued).
What is the fair value of IKAB?
Our model-based fair value for IKAB SECURITIES & INVESTMENT LTD. is ₹118.55 (as of Aug 16, 2026), built from audited fundamentals. The current price: ₹1,067.
What is the quality score of IKAB?
IKAB SECURITIES & INVESTMENT LTD. has a Quality Score of 62/100. 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 net profit margin of IKAB?
The net profit margin of IKAB SECURITIES & INVESTMENT LTD. is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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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