Prime Securities Limited (PRIMESECU) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Prime Securities Limited ₹42.72, price ₹302, upside -85.8%, quality 37 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Structural break:
The valuation model sees a lasting decline in earnings power for this stock, the confidence band is broken. Treat the target with caution.
Weakest SetupStrongly overvalued and low quality.
!Fair value ₹42.72 · Strongly overvalued (−85.8%)
!Quality 37/100
!Mixed Growth(revenue 5y +27.7 %/yr)
!Thin margins · 6.9% net margin (TTM)
!Low debt · negative free cash flow
!Trails peers(2/12)
!Narrow moat43/100
!Evidence only low, so the estimate is less certain
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range ₹49.21 – ₹342.84 · fair‑value band ₹37.75 – ₹44.17 · the ₹301.50 price screens above the ₹42.72 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 2, 2026.
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Prime Securities Limited provides corporate advisory and investment banking services in India and internationally.
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Prime Securities Limited provides corporate advisory and investment banking services in India and internationally. The company offers corporate advisory services, such as fund raising, merger and acquisition, equity and debt private placements, initial public offerings, corporate advisory, and capital restructuring, as well as balance sheets, business restructuring, and loan syndication services. It also provides investment banking and corporate finance comprising listed equity services, such as PIPEs, rights issues, initial public offerings (IPO), and local advisory to overseas offerings; unlisted equity services that include pre-IPO and private equity, as well as SEBI registered category and merchant banker. In addition, the company engages in the wealth management business. Prime Securities Limited was incorporated in 1982 and is headquartered in Mumbai, India.
Stock analysis
Prime Securities Limited (PRIMESECU) currently trades at ₹301.50, while our model-based Fair Value estimate is ₹42.72, 85.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Earnings-Based group reads highest at a median of ₹159.44 per share, and 0 of the 9 models we run sit above the ₹301.50 price.
Bear case: the Dividend Discount group reads lowest at ₹16.42, and 9 of the 9 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹37.75 (bear) to ₹44.17 (bull), the price of ₹301.50 sits above 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 37/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Prime Securities Limited reported revenue of ₹1.4B in FY2026 versus ₹415M in FY2022, a compound +35.0%/yr. Reported net income was ₹155M in FY2026, compounding −2.3%/yr from FY2022.
Key figures
Market cap ₹12.2B (≈ $127M) · P/E ratio 150.8 · P/S ratio 16.9 · EPS (TTM) ₹2.00 · Dividend yield 0.5% · Net margin 11.2% · Return on equity 5.7% · Return on assets (EBIT) 10.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (medium confidence).
What moves the price
The share trades about 6% below its 52-week high and 17% 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 −86%, PRIMESECU screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (₹16.42 to ₹216.02). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear ₹37.75Fair Value ₹42.72Bull ₹44.17
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 (₹1.01 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.49/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+72.9%
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.
+50.4%
Revenue growth 5 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.
+27.7%
Start year 2021 (pandemic). Over 10 years: +29.5% a year
Revenue growth 28 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%
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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.
+5.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.8%
Dividend (yield on the price)0.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.4.8% vs −3.1%, picking up
Profit margin 2019 to 2025 ⓘ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.37% → 42%
Compare Prime Securities Limited with another stock
Price, fair value, quality and upside side by side.
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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.Capital Markets · 459 stocks
Beats the industry median on 3/12 measures
Overall it trails its industry peers.
Valuation
Quality Score35 · Bottom 25%
Fair Value upside−86.6% · Bottom 25%
Profitability
Return on equity (TTM)5.7% · Below median
Return on assets5.1% · Top 25%
Net margin (TTM)11.3% · Below median
Operating margin (TTM)−1.9% · Bottom 25%
Growth and dividend
Revenue growth197.7% · Top 25%
Dividend yield (TTM)0.5% · Bottom 25%
Balance sheet
Debt / equity0.01× · Below median
Valuation Multiplesvs Capital Markets median · lower = cheaper
P/E (TTM)150.8× · Priciest 25%
P/B4.77× · Priciest 25%
P/S (TTM)8.93× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 37
FUTURE (revenue growth)0· sector 100
PAST (return on equity)23· sector 31
HEALTH (low debt)99· sector 95
DIVIDEND (yield)10· sector 44
VALUE 0: the price sits above our fair-value range.
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 Prime Securities Limited (PRIMESECU) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of ₹42.72 versus a price of ₹301.50, about −86% upside (overvalued).
What is the fair value of PRIMESECU?
Our model-based fair value for Prime Securities Limited is ₹42.72 (as of Oct 2, 2026), built from audited fundamentals. The current price: ₹301.50.
What is the quality score of PRIMESECU?
Prime Securities Limited has a Quality Score of 37/100. 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 Prime Securities Limited (PRIMESECU)?
Our model-based price target is the fair value of ₹42.72 (as of Oct 2, 2026) from 9 valuation models. Cautious scenario ₹37.75, optimistic scenario ₹44.17. It is a calculation from audited fundamentals, not an analyst target.
What is the Prime Securities Limited stock forecast for 2026?
Our models put fair value at ₹42.72, about −86% upside versus a price of ₹301.50 (overvalued). Cautious scenario ₹37.75, optimistic scenario ₹44.17. The calculation is refreshed regularly with new filings.
What is the revenue of Prime Securities Limited (PRIMESECU)?
Prime Securities Limited reported trailing-twelve-month revenue of about ₹1.2B (latest available figure, as of Oct 2, 2026).
Does Prime Securities Limited pay a dividend?
Prime Securities Limited currently shows a dividend yield of about 0.52% relative to its recent price (as of Oct 2, 2026).
What is the intrinsic value of Prime Securities Limited (PRIMESECU)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Prime Securities Limited it is ₹42.72 per share (as of Oct 2, 2026), against a price of ₹301.50. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Prime Securities Limited stock overvalued or undervalued in 2026?
As of Oct 2, 2026, PRIMESECU trades above its calculated fair value: price ₹301.50, fair value ₹42.72, a gap of about −86% (overvalued). 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 PRIMESECU?
No. The price is what the market pays today (₹301.50); the fair value is what the company's own numbers justify (₹42.72). For Prime Securities Limited the two are ₹258.78 per share apart. That gap is exactly why we show both numbers side by side.
How much is Prime Securities Limited worth?
The market values Prime Securities Limited at about ₹12.2B (market capitalisation, as of Oct 2, 2026). Per share that is ₹301.50; our models calculate a fair value of ₹42.72 per share.
What do the bullish and bearish scenarios say about PRIMESECU?
Our models span a range for Prime Securities Limited: cautious scenario ₹37.75, base ₹42.72, optimistic ₹44.17 per share (as of Oct 2, 2026, price ₹301.50). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PRIMESECU?
Prime Securities Limited trades at a price-to-earnings ratio of 150.8 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹42.72 is built from several models across several years. Other multiples: P/B 4.8, P/S 8.9.
How solid is the balance sheet of Prime Securities Limited (PRIMESECU)?
Balance-sheet figures for Prime Securities Limited (as of Oct 2, 2026): return on equity 5.7%, debt of 0.01 per unit of equity. They feed the Quality Score of 37/100, which measures business quality independently of the share price.
How far is PRIMESECU from its 52-week high?
Prime Securities Limited trades at ₹301.50, about 6% below its 52-week high of ₹320.25 and 17% above the low of ₹258.35 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of ₹42.72 is for.
Which stocks are comparable to Prime Securities Limited?
From the same area (Financial Services) we also value Morgan Stanley, a financial holding company,, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers Group, 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 Prime Securities Limited stock attractive at the current price?
The data as of Oct 2, 2026: price ₹301.50, calculated fair value ₹42.72 (−86%), Quality Score 37/100, from 9 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 PRIMESECU calculated?
We run Prime Securities Limited through 9 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 ₹42.72, 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. Prime Securities Limited itself currently trades above fair value. 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 Prime Securities Limited (PRIMESECU)?
The closing price on Oct 1, 2026 was ₹301.50. Our model-based fair value is ₹42.72, about −86% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Prime Securities Limited right now?
The price sits above even our optimistic bull case (₹44.17). The favourable scenario is already priced in. Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Prime Securities Limited (PRIMESECU) come from?
Earnings per share at Prime Securities Limited grew +2.9 % a year from 2016 to 2026. Broken into its drivers: revenue per share +20.7 %, EBIT margin −15.3 %, tax rate +2.0 %, residual (interest, one-offs) −1.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Prime Securities Limited
How large is the market capitalisation of Prime Securities Limited (PRIMESECU)?
The market capitalisation of Prime Securities Limited is ₹12.2B (≈ $127M). 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 Prime Securities Limited (PRIMESECU)?
The price-to-sales ratio of Prime Securities Limited is 16.9 (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 Prime Securities Limited (PRIMESECU)?
Earnings per share at Prime Securities Limited are ₹2.00 (price ÷ EPS = P/E 150.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Prime Securities Limited (PRIMESECU)?
The dividend yield of Prime Securities Limited is 0.5% (payout 78.0%). 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 Prime Securities Limited (PRIMESECU)?
The net margin of Prime Securities Limited is 11.2% (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 Prime Securities Limited (PRIMESECU)?
The return on equity (ROE) of Prime Securities Limited is 5.7% (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 Prime Securities Limited (PRIMESECU)?
On an EBIT basis the return on assets of Prime Securities Limited is 10.1% (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 Prime Securities Limited (PRIMESECU)?
The operating margin of Prime Securities Limited is 19.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Prime Securities Limited (PRIMESECU)?
Revenue at Prime Securities Limited is growing −28.8% versus a year earlier (3y avg +50.4%). 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 Prime Securities Limited (PRIMESECU)?
Earnings per share at Prime Securities Limited are growing −78.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Prime Securities Limited (PRIMESECU) generate?
The free cash flow of Prime Securities Limited is −₹106M (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Prime Securities Limited (PRIMESECU) hold?
Prime Securities Limited holds more cash than debt, ₹31.8M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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