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India Shelter Finance Corporation (INDIASHLTR) Fair Value & Analysis

Financial Services · IN · Market cap ₹73.3B

IS India Shelter Finance Corporation INDIASHLTR · BSE
Price₹675.05
Fair Value₹600.27
Upside-11.1%
Quality46/100
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Strengths

Highly profitable · 48.0% net margin
Wide moat 72/100

Risks

!Trades 11% ABOVE our fair value of ₹600.27
!Expensive Growth
!High debt · negative free cash flow
Expensive Growth
Highly profitable · 48.0% net margin
High debt · negative free cash flow
1.52% dividend yield
Wide moat 72/100
Evidence: High Range ₹450.20 – ₹717.88 Share as image

Fair value as of: Aug 21, 2026

From 7 valuation models · updated today

Share price −17.3% over the past month.

Below-average quality, and screening another 11% overvalued on our models.

What matters now

  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
  • Our model range runs from ₹450.20 (bear) to ₹717.88 (bull), base ₹600.27. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 46/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (3 years)

₹1,004 ₹526.58 Fair Value ₹600.27 Dec 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

32‑month range ₹526.58 – ₹1,004 · fair‑value band ₹450.20 – ₹717.88 · the ₹675.05 price screens above the ₹600.27 fair value. Dashed = 300-day average. As of Aug 21, 2026.

Full chart & analysis →

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Analysis

India Shelter Finance Corporation (INDIASHLTR) currently trades at ₹675.05, while our model-based Fair Value estimate is ₹600.27, implying the stock looks roughly 11.1% overvalued today. The Quality Score stands at 46/100 (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, India Shelter Finance Corporation generated revenue of ₹11.0B at a net margin of 48.0%. Revenue grew 21.8% year over year. It earns a return on equity of 17.0%. Net debt stands at ₹61.2B. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹450.20 (bear case) to ₹717.88 (bull case); at ₹675.05, the current price sits within 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 30% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -35% fair-value upside, at -11%, INDIASHLTR 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.

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 ₹307.14 ₹408.65 ₹1,286 76
P/E Multiple ₹450.20 ₹600.27 ₹750.33 63
P/B Multiple ₹308.17 ₹410.89 ₹513.62 55
All 7 models by family
DCF Models
Owner Earnings ₹165.00 ₹1,092 ₹3,037 31
Earnings-Based
Graham-Dodd ₹313.99 ₹2,190 ₹3,073 54
Lynch FV ₹1,131 ₹1,616 ₹2,101 50
Multiples
P/E Multiple ₹450.20 ₹600.27 ₹750.33 63
P/B Multiple ₹308.17 ₹410.89 ₹513.62 55
Asset-Based
NCAV (Graham) ₹146.75 ₹196.64 ₹293.50 50
Economic Profit
Residual Income ₹307.14 ₹408.65 ₹1,286 76

Widest divergence: Earnings-Based (₹1,616) versus Asset-Based (₹196.64). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹11.0B
Revenue growth (YoY) +21.8%
Net margin 48.0%
Return on equity 17.0%
Free cash flow −₹12.0B FY2025
P/E ratio 14.3
More key figures
Operating margin 62.2%
EPS (TTM) ₹47.34
Dividend yield 1.5%
EPS growth (YoY) +22.3%
Net debt ₹61.2B FY2025

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 40 · Market factors (momentum, volatility) 37

Profitability 43
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 81
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 75
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

India Shelter Finance Corporation Limited, a housing finance company, provides housing loans in India. The company offers retail home loans, home equity loans, and loans against property to borrowers. It also provides loans for home purchase, home improvements, home extension, and for construction of dwelling units on plots.

Full company description

India Shelter Finance Corporation Limited, a housing finance company, provides housing loans in India. The company offers retail home loans, home equity loans, and loans against property to borrowers. It also provides loans for home purchase, home improvements, home extension, and for construction of dwelling units on plots. The company was formerly known as Satyaprakash Housing Finance India Limited and changed its name to India Shelter Finance Corporation Limited in March 2010. India Shelter Finance Corporation Limited was incorporated in 1998 and is based in Gurugram, India.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

India Shelter Finance Corporation reported revenue of ₹13.0B in FY2025 versus ₹3.7B in FY2021, a compound +36.8%/yr. Reported net income was ₹5.0B in FY2025, compounding +40.7%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
₹13.0B
Latest YoY
+30.1%
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.
+37.8%
Revenue +36.8%/yr
FY21 ₹3.7B
FY22 ₹5.0B
FY23 ₹6.8B
FY24 ₹10.0B
FY25 ₹13.0B
Net income +40.7%/yr
FY21 ₹1.3B
FY22 ₹1.6B
FY23 ₹2.5B
FY24 ₹3.8B
FY25 ₹5.0B

INDIASHLTR screens 11% overvalued. Compare with Federal Home Loan Mortgage Corporation →

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Cite: Fair Value Calculator (2026). "India Shelter Finance Corporation Fair Value". https://www.fairvalue-calculator.com/stock/INDIASHLTR.BSE

Peer Group

Mortgage Finance · 93 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 −14% · Above median
Return on equity (TTM) 17% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 48% · Below median
Operating margin (TTM) 62% · Below median
Revenue growth 22% · Above median
Dividend yield (TTM) 1.5% · Bottom 25%
Debt / equity 1.95× · Lower than median

Valuation Multiples vs Mortgage Finance median · lower = cheaper

P/E (TTM) 14.3× · Cheaper than median
P/B 2.29× · Pricier than 75% of peers
P/S (TTM) 6.67× · Pricier than 75% of peers

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

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Frequently asked questions

Is India Shelter Finance Corporation (INDIASHLTR) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹600.27 versus a price of ₹675.05, about −11% (overvalued).
What is the fair value of INDIASHLTR?
Our model-based fair value for India Shelter Finance Corporation is ₹600.27 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹675.05.
What is the quality score of INDIASHLTR?
India Shelter Finance Corporation has a Quality Score of 46/100. 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 India Shelter Finance Corporation (INDIASHLTR)?
India Shelter Finance Corporation reported trailing-twelve-month revenue of about ₹11.0B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of INDIASHLTR?
The net profit margin of India Shelter Finance Corporation is about 48.0%, meaning it keeps roughly 48.0% of revenue as net income. Based on the latest reported figures.
Does India Shelter Finance Corporation pay a dividend?
India Shelter Finance Corporation currently shows a dividend yield of about 1.52% relative to its recent price (as of Aug 21, 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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