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Intellect Design Arena Limited (INTELLECT) Fair Value & Analysis

Technology · IN · Market cap ₹95.5B

ID Intellect Design Arena Limited INTELLECT · BSE
Price₹685.65
Fair Value₹642.05
Upside-6.4%
Quality57/100
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Strengths

Healthy Growth
Solidly profitable · 11.1% net margin
Low debt · generates free cash flow

Risks

!Moderate moat 51/100
Healthy Growth
Solidly profitable · 11.1% net margin
Low debt · generates free cash flow
Moderate moat 51/100
Evidence: High Range ₹357.58 – ₹861.65 Share as image

Fair value as of: Aug 21, 2026

From 24 valuation models · updated today

Share price −8.7% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (₹357.58 to ₹861.65) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹1,210 ₹387.98 Fair Value ₹642.05 Apr 2021 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

60‑month range ₹387.98 – ₹1,210 · fair‑value band ₹357.58 – ₹861.65 · the ₹685.65 price screens above the ₹642.05 fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

Intellect Design Arena Limited (INTELLECT) currently trades at ₹685.65, while our model-based Fair Value estimate is ₹642.05, implying the stock looks roughly 6.4% fairly valued today. The Quality Score stands at 57/100 (solid quality), in the Technology 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, Intellect Design Arena Limited generated revenue of ₹31.8B at a net margin of 11.1%. Revenue grew 20.4% year over year. It earns a return on equity of 11.4%. Net debt stands at ₹1.6B. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹357.58 (bear case) to ₹861.65 (bull case); at ₹685.65, 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 44% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -42% fair-value upside, at -6%, INTELLECT 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
Growth DCF ₹305.44 ₹521.51 ₹894.62 80
Residual Income ₹204.79 ₹233.35 ₹422.05 76
Rev-Margin DCF ₹300.28 ₹509.97 ₹786.54 74
All 24 models by family
DCF Models
FCF DCF ₹308.86 ₹548.41 ₹976.11 38
Owner Earnings ₹350.51 ₹626.14 ₹1,118 31
5Y Revenue Exit ₹300.28 ₹516.82 ₹815.42 39
5Y EBITDA Exit ₹498.64 ₹933.65 ₹1,494 41
5Y P/E Exit ₹451.04 ₹833.61 ₹1,282 38
10Y Revenue Exit ₹291.68 ₹500.39 ₹829.84 36
10Y EBITDA Exit ₹433.54 ₹809.20 ₹1,408 37
10Y P/E Exit ₹401.73 ₹735.09 ₹1,228 35
Earnings-Based
Graham-Dodd ₹168.60 ₹834.43 ₹1,151 54
Lynch FV ₹224.93 ₹321.32 ₹417.72 50
PEG = 1.0 ₹224.93 ₹321.32 ₹417.72 46
EPV ₹266.85 ₹305.91 ₹340.09 59
Multiples
P/E Multiple ₹520.66 ₹694.22 ₹867.77 63
P/S Multiple ₹316.12 ₹421.49 ₹526.86 58
P/B Multiple ₹316.12 ₹421.49 ₹526.86 55
EV/EBIT ₹556.50 ₹731.18 ₹905.86 53
EV/EBITDA ₹627.91 ₹826.39 ₹1,025 54
EV/Revenue ₹297.40 ₹410.94 ₹524.48 43
Asset-Based
NCAV (Graham) ₹113.77 ₹152.45 ₹227.53 50
Growth DCF
Growth DCF ₹305.44 ₹521.51 ₹894.62 80
Rev-Margin DCF ₹300.28 ₹509.97 ₹786.54 74
Economic Profit
Residual Income ₹204.79 ₹233.35 ₹422.05 76
ROIC Compounder ₹286.64 ₹384.41 ₹502.18 72
Growth Earnings
Growth-Adj P/E ₹406.71 ₹581.02 ₹755.32 68

Widest divergence: DCF Models (₹626.14) versus Asset-Based (₹152.45). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹31.8B
Revenue growth (YoY) +20.4%
Net margin 11.1%
Return on equity 11.4%
Free cash flow ₹2.9B FY2026
P/E ratio 27.6
More key figures
Operating margin 12.9%
EPS (TTM) ₹24.82
EPS growth (YoY) +8.1%
Net debt ₹1.6B FY2020

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 59 · Market factors (momentum, volatility) 37

Profitability 48
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 37
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 74
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

Intellect Design Arena Limited provides software development and related services for banking, insurance, and other financial services in India and internationally.

Full company description

Intellect Design Arena Limited provides software development and related services for banking, insurance, and other financial services in India and internationally. The company offers platforms and products, such as iGTB, which provides transaction banking solutions that include digital transaction banking, contextual banking experience, PayCash-CX, corporate treasury exchange, payment solution, and virtual accounts; and iGCB, an end-to-end contextual banking suite for retail and corporate banking across core, lending, cards, and wealth and central banking. It also provides AI products, such as magic submission, risk analyst, wealth qube, WealthForce.AI, insurance, ESG EDGE, and capital markets; and digital technology for commerce, including accounts payable exchange, corporate procurement exchange, government procurement exchange, and retail solutions. In addition, the company offers Cash Cloud, a cloud-native, composable, and integrated cash management platform; iColumbus.AI that provides trade and supply chain finance digitalisation and the contextual banking experience; Xponent, a commercial and specialty underwriters' AI-powered workbench; and iKredit360, a platform on the cloud that enables banks to curate bespoke credit experiences comprising multiple channels, products, business segments, and fintech partners. Further, the company provides technology products, such as iTurmeric, canvas, contextual banking OS, and fabric data services. Intellect Design Arena Limited was incorporated in 2011 and is headquartered in Chennai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Intellect Design Arena Limited reported revenue of ₹30.4B in FY2026 versus ₹18.8B in FY2022, a compound +12.8%/yr. Reported net income was ₹3.5B in FY2026, compounding −0.3%/yr from FY2022.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹30.4B
Latest YoY
+21.5%
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.
+10.8%
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.
+15.2%
Avg. growth/yr (7Y) 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.
+11.2%
Revenue +12.8%/yr
FY22 ₹18.8B
FY23 ₹22.3B
FY24 ₹25.1B
FY25 ₹25.0B
FY26 ₹30.4B
Net income −0.3%/yr
FY22 ₹3.5B
FY23 ₹2.7B
FY24 ₹3.2B
FY25 ₹3.3B
FY26 ₹3.5B

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Cite: Fair Value Calculator (2026). "Intellect Design Arena Limited Fair Value". https://www.fairvalue-calculator.com/stock/INTELLECT.BSE

Peer Group

Software - Application · 726 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 57 · Above median
Fair Value upside −3% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 5% · Above median
Net margin (TTM) 11% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth 20% · Above median
Dividend yield (TTM) 1.0% · Below median

Valuation Multiples vs Software - Application median · lower = cheaper

P/E (TTM) 27.6× · Pricier than median
P/B 3.01× · Pricier than median
P/S (TTM) 3.00× · Pricier than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 22.1× · Pricier than 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

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.46 C$16.26 +30%
Shopify Inc SHOP C$209.78 C$28.76 -86%
Uber Technologies, Inc UBER $75.36 $43.66 -42%
Salesforce, Inc CRM $193.32 $249.28 +29%
ServiceNow, Inc NOW $124.94 $43.73 -65%
Cadence Design Systems, Inc CDNS $323.13 $112.57 -65%
Beijing Kingsoft Office Software, Inc 688111 ¥254.50 ¥81.23 -68%
Tata Elxsi Limited TATAELXSI ₹3,712 ₹2,519 -32%
Douzone Bizon Co 012510 120,000 KRW 92,181 KRW -23%
KFin Technologies Limited KFINTECH ₹962.00 ₹554.07 -42%

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Frequently asked questions

Is Intellect Design Arena Limited (INTELLECT) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹642.05 versus a price of ₹685.65, about −6% (fairly valued).
What is the fair value of INTELLECT?
Our model-based fair value for Intellect Design Arena Limited is ₹642.05 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹685.65.
What is the quality score of INTELLECT?
Intellect Design Arena Limited has a Quality Score of 57/100. 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 Intellect Design Arena Limited (INTELLECT)?
Intellect Design Arena Limited reported trailing-twelve-month revenue of about ₹31.8B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of INTELLECT?
The net profit margin of Intellect Design Arena Limited is about 11.1%, meaning it keeps roughly 11.1% 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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