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NIKKI GLOBAL FINANCE LTD. (NIKKIGL) Fair Value & Analysis

Financial Services · IN · Market cap ₹66.8M

NG NIKKI GLOBAL FINANCE LTD. NIKKIGL · BSE
Price₹17.52
Fair Value₹8.13
Upside-53.6%
Quality61/100
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Strengths

Highly profitable · 53.6% net margin
Wide moat 74/100

Risks

!Trades 54% ABOVE our fair value of ₹8.13
!Mixed Growth
!Low debt · negative free cash flow
!Mixed vs. peers (6/12)
Mixed Growth
Highly profitable · 53.6% net margin
Low debt · negative free cash flow
Mixed vs. peers (6/12)
Wide moat 74/100
Evidence: Medium Range ₹6.10 – ₹10.16 Share as image

Fair value as of: Aug 13, 2026

From 5 valuation models · updated 7 days ago

A solid business, but screening 54% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹10.16). The favourable scenario is already priced in.
  • Solid but not exceptional quality (61/100) 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)

₹24.74 ₹0.0005 Fair Value ₹8.13 Jul 2015 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 ₹0.0005 – ₹24.74 · fair‑value band ₹6.10 – ₹10.16 · the ₹17.52 price screens above the ₹8.13 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

NIKKI GLOBAL FINANCE LTD. (NIKKIGL) currently trades at ₹17.52, while our model-based Fair Value estimate is ₹8.13, implying the stock looks roughly 53.6% overvalued today. The Quality Score stands at 61/100 (solid 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: medium).

Over the trailing twelve months, NIKKI GLOBAL FINANCE LTD. generated revenue of ₹4.0M at a net margin of 53.6%. It earns a return on equity of 15.2%. Net debt stands at ₹5.0M. The stock trades on a trailing P/E of 27.8. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹6.10 (bear case) to ₹10.16 (bull case); at ₹17.52, 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 23% below its 52-week high and 23% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -45% fair-value upside, at -54%, NIKKIGL 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 ₹6.10 ₹8.13 ₹10.16 63
Residual Income ₹3.89 ₹4.46 ₹7.35 61
P/B Multiple ₹4.64 ₹6.19 ₹7.74 55
All 5 models by family
Earnings-Based
Graham-Dodd ₹4.25 ₹5.20 ₹5.85 54
Multiples
P/E Multiple ₹6.10 ₹8.13 ₹10.16 63
P/B Multiple ₹4.64 ₹6.19 ₹7.74 55
Asset-Based
NCAV (Graham) ₹2.21 ₹2.96 ₹4.42 50
Economic Profit
Residual Income ₹3.89 ₹4.46 ₹7.35 61

Widest divergence: Multiples (₹6.19) versus Asset-Based (₹2.96). Highest evidence: P/E Multiple (63).

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Key figures & financial health

Revenue (TTM) ₹4.0M
Revenue growth (YoY) +91,138%
Net margin 53.6%
Return on equity 15.2%
Free cash flow −₹104K FY2026
P/E ratio 27.8
More key figures
Operating margin 87.0%
EPS (TTM) ₹0.6300
Net debt ₹5.0M FY2026

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 48 · Market factors (momentum, volatility) 46

Profitability 39
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 0
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 82
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

Nikki Global Finance Limited, a credit institution, provides various debt products to corporates and individuals in India.

Full company description

Nikki Global Finance Limited, a credit institution, provides various debt products to corporates and individuals in India. The company offers secured corporate lending in the form of secured term loans for capital expenditure, working capital, and brownfield/greenfield expansions; loans at project level for the construction of commercial and residential properties primarily in the form of last mile financing for near completion properties; and loans against gold and listed shares. It also provides special situations funding for various purposes, such as acquisitions, buyouts, bridge financing, creeping takeover, and secured term loans for working capital and brownfield expansions; structured customized debt financing solutions for corporate borrowers; secured promoter funding; purchase of secured consumer loan pools; and co-lending services. Nikki Global Finance Limited was incorporated in 1986 and is based in New Delhi, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

NIKKI GLOBAL FINANCE LTD. reported revenue of ₹4.0M in FY2026 versus ₹220K in FY2022, a compound +106.2%/yr. Reported net income was ₹2.1M in FY2026.

Growth Quality 58/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹4.0M
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.
+249.1%
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.
+42.5%
Avg. growth/yr (12Y) 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.
−17.5%
Revenue +106.2%/yr
FY22 ₹220K
FY23 ₹93.7K
FY24 ₹0
FY25 ₹0
FY26 ₹4.0M
Net income
FY22 −₹1.1M
FY23 ₹199K
FY24 −₹1.5M
FY25 −₹338K
FY26 ₹2.1M

NIKKIGL screens 54% overvalued. Compare with Visa Inc →

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Cite: Fair Value Calculator (2026). "NIKKI GLOBAL FINANCE LTD. Fair Value". https://www.fairvalue-calculator.com/stock/NIKKIGL

Peer Group

Credit Services · 336 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 58 · Above median
Fair Value upside −54% · Bottom 25%
Return on equity (TTM) 15% · Top 25%
Return on assets 2% · Below median
Net margin (TTM) 54% · Top 25%
Operating margin (TTM) 87% · Top 25%
Revenue growth 91138% · Top 25%
Debt / equity 0.34× · Lower than median

Valuation Multiples vs Credit Services median · lower = cheaper

P/E (TTM) 27.8× · Pricier than 75% of peers
P/B 4.41× · Pricier than 75% of peers
P/S (TTM) 16.74× · Pricier than 75% of peers
EV/EBITDA 28.3× · Pricier 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 33
FUTURE100 · sector 39
PAST61 · sector 32
HEALTH83 · sector 59
DIVIDEND0 · sector 51

VALUE 0: the price sits above our fair-value range.

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 Credit Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $359.42 $198.27 -45%
Mastercard Incorporated MA $561.44 $221.87 -60%
Bajaj Finance Limited BAJFINANCE ₹1,093 ₹397.70 -64%
Shriram Finance Limited SHRIRAMFIN ₹1,117 ₹553.83 -50%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,866 ₹796.47 -57%
Tata Capital Limited TATACAP ₹367.05 ₹149.40 -59%
Power Finance Corporation PFC ₹376.50 ₹615.85 +64%
Muthoot Finance Limited MUTHOOTFIN ₹2,876 ₹3,429 +19%
Indian Railway Finance Corporation IRFC ₹88.35 ₹69.72 -21%
REC Limited RECLTD ₹346.00 ₹692.00 +100%

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Frequently asked questions

Is NIKKI GLOBAL FINANCE LTD. (NIKKIGL) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹8.13 versus a price of ₹17.52, about −54% (overvalued).
What is the fair value of NIKKIGL?
Our model-based fair value for NIKKI GLOBAL FINANCE LTD. is ₹8.13 (as of Aug 13, 2026), built from audited fundamentals. The current price: ₹17.52.
What is the quality score of NIKKIGL?
NIKKI GLOBAL FINANCE LTD. has a Quality Score of 61/100. 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 NIKKI GLOBAL FINANCE LTD. (NIKKIGL)?
NIKKI GLOBAL FINANCE LTD. reported trailing-twelve-month revenue of about ₹4.0M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of NIKKIGL?
The net profit margin of NIKKI GLOBAL FINANCE LTD. is about 53.6%, meaning it keeps roughly 53.6% 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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