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Inventure Growth & Securities Limited (INVENTURE) Fair Value & Analysis

Financial Services · IN · Market cap ₹987M

IG Inventure Growth & Securities Limited INVENTURE · NSE
Price₹0.9000
Fair Value₹1.47
Upside+63.3%
Quality53/100
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Mixed Growth
Thin margins · 9.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/13)
Narrow moat 23/100
Evidence: High Range ₹1.47 – ₹1.47 Share as image

Fair value as of: Aug 13, 2026

From 11 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from ₹0.6200 to ₹1.47 (+137.1%) since Aug 6, 2026.

A solid business, screening 63% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (₹1.47). The market is more pessimistic than our downside scenario.
  • Solid quality (53/100) 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.
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Price vs Fair Value (5 years)

₹6.45 ₹0.8300 Fair Value ₹1.47 May 2021 Aug 2026

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 ₹0.8300 – ₹6.45 · the ₹0.9000 price screens below the ₹1.47 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Inventure Growth & Securities Limited (INVENTURE) currently trades at ₹0.9000, while our model-based Fair Value estimate is ₹1.47, implying the stock looks roughly 63.3% undervalued today. The Quality Score stands at 53/100 (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: high), always confirm before acting.

Over the trailing twelve months, Inventure Growth & Securities Limited generated revenue of ₹417M at a net margin of 9.2%. Revenue declined 52.3% year over year. It earns a return on equity of 1.4%. The balance sheet holds a net cash position of ₹876M. Fundamentals as of Aug 13, 2026

The share trades about 49% below its 52-week high and 11% 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 63%, INVENTURE 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 ₹2.41 ₹3.44 ₹5.35 80
Residual Income ₹1.70 ₹1.56 ₹1.07 76
Rev-Margin DCF ₹1.82 ₹2.55 ₹3.94 74
All 11 models by family
DCF Models
Owner Earnings ₹1.31 ₹1.81 ₹2.76 31
5Y P/E Exit ₹1.62 ₹2.20 ₹2.93 38
10Y P/E Exit ₹1.93 ₹2.67 ₹3.76 35
Earnings-Based
Graham-Dodd ₹0.2500 ₹1.74 ₹2.44 54
Lynch FV ₹0.6800 ₹0.9700 ₹1.26 50
Multiples
P/E Multiple ₹0.3600 ₹0.4800 ₹0.6000 63
P/B Multiple ₹0.4700 ₹0.6200 ₹0.7800 55
Asset-Based
NCAV (Graham) ₹1.31 ₹1.76 ₹2.63 50
Growth DCF
Growth DCF ₹2.41 ₹3.44 ₹5.35 80
Rev-Margin DCF ₹1.82 ₹2.55 ₹3.94 74
Economic Profit
Residual Income ₹1.70 ₹1.56 ₹1.07 76

Widest divergence: Growth DCF (₹2.55) versus Multiples (₹0.4800). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹417M
Revenue growth (YoY) -52.3%
Net margin 9.2%
Return on equity 1.4%
Free cash flow ₹129M FY2026
P/E ratio 22.5
More key figures
Operating margin 0.9%
EPS (TTM) ₹0.0400
EPS growth (YoY) +34,018%
Net cash ₹876M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 59 · Market factors (momentum, volatility) 31

Profitability 20
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 99
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 40
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

Inventure Growth & Securities Limited, together with its subsidiaries, provides stock broking services in India. It operates through Equity/Commodity Broking, Proprietory Trading & Other Related Activities; Financing & Other Related Activities; Merchant Banking & Other Related Activities; and Others segments.

Full company description

Inventure Growth & Securities Limited, together with its subsidiaries, provides stock broking services in India. It operates through Equity/Commodity Broking, Proprietory Trading & Other Related Activities; Financing & Other Related Activities; Merchant Banking & Other Related Activities; and Others segments. The company engages in stock, currency, and commodity broking activities; mutual funds distribution business; lending and allied activities; and securities, debt, equity, commodities, and foreign currency derivative trading activities. It also offers margin trading facility and depository participants services; financing/fund-based services; merchant banking and wealth management services; and motor, two-wheeler, life, medical, travel, and corporate insurance. In addition, the company provides equity services comprising portfolio management, investment advisory, access to initial public offerings, and opportunities in private equity and venture capital; trade app; web trading; and research and advisory services. Further, it engages in real estate activities. Inventure Growth & Securities Limited was incorporated in 1995 and is headquartered in Mumbai, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Inventure Growth & Securities Limited reported revenue of ₹434M in FY2026 versus ₹376M in FY2022, a compound +3.7%/yr. Reported net income was ₹38.5M in FY2026, compounding −27.5%/yr from FY2022.

Growth Quality 65/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹434M
Latest YoY
−1.9%
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.
+14.1%
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.
+5.9%
Avg. growth/yr (19Y) 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.
+16.4%
Revenue +3.7%/yr
FY22 ₹376M
FY23 ₹293M
FY24 ₹510M
FY25 ₹443M
FY26 ₹434M
Net income −27.5%/yr
FY22 ₹140M
FY23 ₹92.6M
FY24 ₹120M
FY25 ₹20.7M
FY26 ₹38.5M
Character of growth · EPS growth decomposed (2015-2026) −0.5 % p.a.
Revenue per share +3.5 pp

of which total revenue +5.3 pp · buybacks/dilution −1.8 pp

EBIT margin −3.3 pp
Tax rate +2.3 pp
Residual (interest, one-offs) −3.0 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Inventure Growth & Securities Limited Fair Value". https://www.fairvalue-calculator.com/stock/INVENTURE

Peer Group

Capital Markets · 425 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 55 · Above median
Fair Value upside +63% · Top 25%
Return on equity (TTM) 1% · Below median
Return on assets 1% · Below median
Net margin (TTM) 9% · Below median
Operating margin (TTM) 1% · Below median
Revenue growth -52% · Bottom 25%
Debt / equity 0.13× · Lower than median

Valuation Multiples vs Capital Markets median · lower = cheaper

P/E (TTM) 22.5× · Pricier than median
P/B 0.36× · Cheaper than 75% of peers
P/S (TTM) 2.37× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 0.8× · Cheaper than 75% of peers

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.

VALUE 100 · sector 15
FUTURE 0 · sector 96
PAST 6 · sector 31
HEALTH 93 · sector 93
DIVIDEND 0 · sector 42

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 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%

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Frequently asked questions

Is Inventure Growth & Securities Limited (INVENTURE) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹1.47 versus a price of ₹0.9000, about +63% (undervalued).
What is the fair value of INVENTURE?
Our model-based fair value for Inventure Growth & Securities Limited is ₹1.47 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹0.9000.
What is the quality score of INVENTURE?
Inventure Growth & Securities Limited has a Quality Score of 53/100. 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 Inventure Growth & Securities Limited (INVENTURE)?
Inventure Growth & Securities Limited reported trailing-twelve-month revenue of about ₹417M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of INVENTURE?
The net profit margin of Inventure Growth & Securities Limited is about 9.2%, meaning it keeps roughly 9.2% 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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