MORARKA FINANCE LTD. (MORARKFI) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of MORARKA FINANCE LTD. ₹125, price ₹61.58, upside +102.5%, quality 65 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch MORARKA FINANCE LTD. for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 28, 2026.
How to read this chart
60‑month range ₹42.94 – ₹173.23 · fair‑value band ₹93.52 – ₹155.87 · the ₹61.58 price screens below the ₹124.70 fair value. Dashed = 300-day average. As of Sep 28, 2026.
Follow MORARKA FINANCE in your weekly email
Every Wednesday you see whether MORARKA FINANCE is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Morarka Finance Limited operates as a non-banking finance company primarily in India. The company offers services related to portfolio management, which include investment in securities, corporate advisory services, and advancing of loans. It also rents properties and offers management consultancy services.
Show more
Morarka Finance Limited operates as a non-banking finance company primarily in India. The company offers services related to portfolio management, which include investment in securities, corporate advisory services, and advancing of loans. It also rents properties and offers management consultancy services. The company was formerly known as Morarka Holdings Limited and changed its name to Morarka Finance Limited in May 1993. Morarka Finance Limited was incorporated in 1985 and is based in Mumbai, India.
Stock analysis
MORARKA FINANCE LTD. (MORARKFI) currently trades at ₹61.58, while our model-based Fair Value estimate is ₹124.70, implying the stock looks roughly 50.6% undervalued today.
Show more
Valuation
How firm this estimate is: it rests on 16 models at a data quality of 96/100, which puts the evidence level at low.
Scenario range: ₹93.52 (bear) to ₹155.87 (bull), the price of ₹61.58 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Financial Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
MORARKA FINANCE LTD. reported revenue of ₹19.1M in FY2026 versus ₹34.5M in FY2022, a compound −13.8%/yr. Reported net income was ₹14.3M in FY2026, compounding −21.1%/yr from FY2022.
Key figures
Market cap ₹277M (≈ $2.9M) · P/E ratio 16.6 · P/S ratio 12.5 · EPS (TTM) ₹3.71 · Dividend yield 2.4% · Net margin 75.0% · Return on equity 1.4% · Return on assets (EBIT) 2.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 45 out of 100 (low confidence).
What moves the price
The share trades about 40% below its 52-week high and 42% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at 103%, MORARKFI screens cheaper than that median.
Fair Value models
Bear ₹93.52Fair Value ₹124.70Bull ₹155.87
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹1.13 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.17/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+89.6%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−28.4%
Revenue growth 7 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.5%
’19
’20
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−14.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−17.3%
Dividend (yield on the price)2.4%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.71% → 79%
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Asset Management · 659 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score64 · Above median
Fair Value upside+102.5% · Top 25%
Profitability
Return on equity (TTM)1.4% · Below median
Return on assets1.0% · Below median
Net margin (TTM)66.6% · Top 25%
Operating margin (TTM)78.5% · Above median
Growth and dividend
Revenue growth97.4% · Top 25%
Dividend yield (TTM)2.4% · Below median
Valuation Multiplesvs Asset Management median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is MORARKA FINANCE LTD. (MORARKFI) overvalued or undervalued?
As of Sep 28, 2026, our model estimates a fair value of ₹124.70 versus a price of ₹61.58, about +103% upside (undervalued).
What is the fair value of MORARKFI?
Our model-based fair value for MORARKA FINANCE LTD. is ₹124.70 (as of Sep 28, 2026), built from audited fundamentals. The current price: ₹61.58.
What is the quality score of MORARKFI?
MORARKA FINANCE LTD. has a Quality Score of 65/100. 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 price target for MORARKA FINANCE LTD. (MORARKFI)?
Our model-based price target is the fair value of ₹124.70 (as of Sep 28, 2026) from 2 valuation models. Cautious scenario ₹93.52, optimistic scenario ₹155.87. It is a calculation from audited fundamentals, not an analyst target.
What is the MORARKA FINANCE LTD. stock forecast for 2026?
Our models put fair value at ₹124.70, about +103% upside versus a price of ₹61.58 (undervalued). Cautious scenario ₹93.52, optimistic scenario ₹155.87. The calculation is refreshed regularly with new filings.
What is the revenue of MORARKA FINANCE LTD. (MORARKFI)?
MORARKA FINANCE LTD. reported trailing-twelve-month revenue of about ₹25.1M (latest available figure, as of Sep 28, 2026).
Does MORARKA FINANCE LTD. pay a dividend?
MORARKA FINANCE LTD. currently shows a dividend yield of about 2.44% relative to its recent price (as of Sep 28, 2026).
What is the intrinsic value of MORARKA FINANCE LTD. (MORARKFI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MORARKA FINANCE LTD. it is ₹124.70 per share (as of Sep 28, 2026), against a price of ₹61.58. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is MORARKA FINANCE LTD. stock overvalued or undervalued in 2026?
As of Sep 28, 2026, MORARKFI trades below its calculated fair value: price ₹61.58, fair value ₹124.70, a gap of about +103% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MORARKFI?
No. The price is what the market pays today (₹61.58); the fair value is what the company's own numbers justify (₹124.70). For MORARKA FINANCE LTD. the two are ₹63.12 per share apart. That gap is exactly why we show both numbers side by side.
How much is MORARKA FINANCE LTD. worth?
The market values MORARKA FINANCE LTD. at about ₹277M (market capitalisation, as of Sep 28, 2026). Per share that is ₹61.58; our models calculate a fair value of ₹124.70 per share.
What do the bullish and bearish scenarios say about MORARKFI?
Our models span a range for MORARKA FINANCE LTD.: cautious scenario ₹93.52, base ₹124.70, optimistic ₹155.87 per share (as of Sep 28, 2026, price ₹61.58). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MORARKFI?
MORARKA FINANCE LTD. trades at a price-to-earnings ratio of 16.6 (as of Sep 28, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹124.70 is built from several models across several years. Other multiples: P/B 0.2, P/S 11.1, EV/EBITDA 14.0.
How solid is the balance sheet of MORARKA FINANCE LTD. (MORARKFI)?
Balance-sheet figures for MORARKA FINANCE LTD. (as of Sep 28, 2026): return on equity 1.4%. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is MORARKFI from its 52-week high?
MORARKA FINANCE LTD. trades at ₹61.58, about 40% below its 52-week high of ₹102.48 and 42% above the low of ₹43.35 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹124.70 is for.
Which stocks are comparable to MORARKA FINANCE LTD.?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is MORARKA FINANCE LTD. stock attractive at the current price?
The data as of Sep 28, 2026: price ₹61.58, calculated fair value ₹124.70 (+103%), Quality Score 65/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MORARKFI calculated?
We run MORARKA FINANCE LTD. through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹124.70, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. MORARKA FINANCE LTD. currently trades 51 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of MORARKA FINANCE LTD. (MORARKFI)?
The closing price on Oct 1, 2026 was ₹61.58. Our model-based fair value is ₹124.70, about +103% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MORARKA FINANCE LTD. right now?
The price is below even our cautious bear case (₹93.52). 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 (65/100) 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.
Key figures of MORARKA FINANCE LTD.
How large is the market capitalisation of MORARKA FINANCE LTD. (MORARKFI)?
The market capitalisation of MORARKA FINANCE LTD. is ₹277M (≈ $2.9M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of MORARKA FINANCE LTD. (MORARKFI)?
The price-to-sales ratio of MORARKA FINANCE LTD. is 12.5 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of MORARKA FINANCE LTD. (MORARKFI)?
Earnings per share at MORARKA FINANCE LTD. are ₹3.71 (price ÷ EPS = P/E 16.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of MORARKA FINANCE LTD. (MORARKFI)?
The dividend yield of MORARKA FINANCE LTD. is 2.4% (payout 40.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of MORARKA FINANCE LTD. (MORARKFI)?
The net margin of MORARKA FINANCE LTD. is 75.0% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of MORARKA FINANCE LTD. (MORARKFI)?
The return on equity (ROE) of MORARKA FINANCE LTD. is 1.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of MORARKA FINANCE LTD. (MORARKFI)?
On an EBIT basis the return on assets of MORARKA FINANCE LTD. is 2.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of MORARKA FINANCE LTD. (MORARKFI)?
The operating margin of MORARKA FINANCE LTD. is 78.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MORARKA FINANCE LTD. (MORARKFI)?
Revenue at MORARKA FINANCE LTD. is growing +97.4% versus a year earlier (3y avg −28.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at MORARKA FINANCE LTD. (MORARKFI)?
Earnings per share at MORARKA FINANCE LTD. are growing +171% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does MORARKA FINANCE LTD. (MORARKFI) generate?
The free cash flow of MORARKA FINANCE LTD. is −₹1.1M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
Free · no account needed
Watch MORARKA FINANCE LTD. in the live analysis
One click puts MORARKA FINANCE LTD. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
