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SecMark Consultancy Ltd (SECMARK) Fair Value & Analysis

Industrials · IN · Market cap ₹1.3B

SC SecMark Consultancy Ltd SECMARK · BSE
Price₹130.05
Fair Value₹41.78
Upside-67.9%
Quality49/100
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Expensive Growth
Thin margins · 6.8% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/13)
Moderate moat 59/100
Evidence: High Range ₹31.33 – ₹52.22 Share as image

Fair value as of: Aug 13, 2026

From 23 valuation models · updated 4 days ago

Share price +8.1% over the past month.

Below-average quality, and screening another 68% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹52.22). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹162.25 ₹18.30 Fair Value ₹41.78 Oct 2020 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 ₹18.30 – ₹162.25 · fair‑value band ₹31.33 – ₹52.22 · the ₹130.05 price screens above the ₹41.78 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

SecMark Consultancy Ltd (SECMARK) currently trades at ₹130.05, while our model-based Fair Value estimate is ₹41.78, implying the stock looks roughly 67.9% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Industrials 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, SecMark Consultancy Ltd generated revenue of ₹375M at a net margin of 6.8%. Revenue grew 14.4% year over year. It earns a return on equity of 11.7%. Net debt stands at ₹128M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹31.33 (bear case) to ₹52.22 (bull case); at ₹130.05, 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 19% below its 52-week high and 51% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -16% fair-value upside, at -68%, SECMARK 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
Growth DCF ₹44.20 ₹76.38 ₹126.94 80
Rev-Margin DCF ₹33.65 ₹56.30 ₹103.95 74
ROIC Compounder ₹14.61 ₹16.60 ₹18.26 72
All 23 models by family
DCF Models
FCF DCF ₹47.18 ₹68.86 ₹133.65 38
5Y Revenue Exit ₹30.71 ₹49.19 ₹87.57 39
5Y EBITDA Exit ₹60.42 ₹109.21 ₹204.94 41
5Y P/E Exit ₹41.90 ₹89.23 ₹152.99 38
10Y Revenue Exit ₹35.63 ₹68.62 ₹86.81 36
10Y EBITDA Exit ₹56.25 ₹126.97 ₹250.93 37
10Y P/E Exit ₹43.89 ₹90.60 ₹165.56 35
Earnings-Based
Graham-Dodd ₹16.71 ₹116.54 ₹163.54 54
Lynch FV ₹60.21 ₹86.01 ₹111.81 50
PEG = 1.0 ₹60.21 ₹86.01 ₹111.81 46
EPV ₹14.61 ₹16.60 ₹18.26 59
Multiples
P/E Multiple ₹38.70 ₹51.61 ₹64.51 63
P/S Multiple ₹31.33 ₹41.78 ₹52.22 58
P/B Multiple ₹31.33 ₹41.78 ₹52.22 55
EV/EBIT ₹29.45 ₹39.25 ₹49.06 53
EV/EBITDA ₹65.56 ₹87.41 ₹109.25 54
EV/Revenue ₹21.03 ₹30.02 ₹39.02 43
Asset-Based
NCAV (Graham) ₹11.20 ₹15.01 ₹22.41 50
Growth DCF
Growth DCF ₹44.20 ₹76.38 ₹126.94 80
Rev-Margin DCF ₹33.65 ₹56.30 ₹103.95 74
Economic Profit
Residual Income ₹18.99 ₹20.97 ₹29.48 61
ROIC Compounder ₹14.61 ₹16.60 ₹18.26 72
Growth Earnings
Growth-Adj P/E ₹78.75 ₹112.50 ₹146.25 68

Widest divergence: Growth Earnings (₹112.50) versus Asset-Based (₹15.01). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹375M
Revenue growth (YoY) +14.4%
Net margin 6.8%
Return on equity 11.7%
Free cash flow ₹36.2M FY2026
P/E ratio 54.6
More key figures
Operating margin 40.0%
EPS (TTM) ₹2.38
EPS growth (YoY) +12.4%
Net debt ₹128M FY2026

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

Quality Score breakdown

Overall quality 49/100

Of which business quality 51 · Market factors (momentum, volatility) 54

Profitability 56
Margins and returns on capital today
Quality Growth 10
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 57
Balance sheet, leverage, solvency risk
Investment 26
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 79
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

SecMark Consultancy Limited provides consulting, technology, and outsourcing services to financial market participants in the areas of compliance, operations, software development, risk management, and others.

Full company description

SecMark Consultancy Limited provides consulting, technology, and outsourcing services to financial market participants in the areas of compliance, operations, software development, risk management, and others. It also offers IT infra management, system audit and IT security, forensic audit, compliance assistance, law, litigation and arbitration, and HR services, as well as services to start a business. In addition, the company provides anti money laundering software applications for financial institutions; e-learning product suite; and back office solutions for broking and depository participant (DP), as well as operates compliancesutra.com, a solution to manage compliances, audits, and processes. It primarily serves stock and commodity brokers, DPs, stock exchanges, wealth managers, alternative investment funds, research analysts, insurance companies, insurance brokers, corporate agents, portfolio managers, investment advisors, NBFCs, etc. The company was incorporated in 2011 and is based in Mumbai, India. SecMark Consultancy Limited is a subsidiary of Secmark Holdings Private Limited.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

SecMark Consultancy Ltd reported revenue of ₹375M in FY2026 versus ₹145M in FY2022, a compound +26.8%/yr. Reported net income was ₹25.7M in FY2026, compounding −0.7%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹375M
Latest YoY
+6.9%
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.
+29.1%
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.
+37.7%
Avg. growth/yr (6Y) 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.
+37.2%
Revenue +26.8%/yr
FY22 ₹145M
FY23 ₹174M
FY24 ₹246M
FY25 ₹351M
FY26 ₹375M
Net income −0.7%/yr
FY22 ₹26.4M
FY23 −₹52.2M
FY24 −₹24.3M
FY25 ₹42.9M
FY26 ₹25.7M

SECMARK screens 68% overvalued. Compare with Verisk Analytics, Inc →

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Cite: Fair Value Calculator (2026). "SecMark Consultancy Ltd Fair Value". https://www.fairvalue-calculator.com/stock/SECMARK

Peer Group

Consulting Services · 86 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 49 · Below median
Fair Value upside −68% · Bottom 25%
Return on equity (TTM) 12% · Above median
Return on assets 4% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 40% · Top 25%
Revenue growth 14% · Top 25%

Valuation Multiples vs Consulting Services median · lower = cheaper

P/E (TTM) 54.6× · Pricier than 75% of peers
P/B 5.37× · Pricier than 75% of peers
P/S (TTM) 3.35× · Pricier than 75% of peers
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 46.3× · 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.

VALUE 0 · sector 23
FUTURE 72 · sector 14
PAST 47 · sector 36
HEALTH 100 · sector 89
DIVIDEND 0 · sector 52

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

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

Stock Price Fair Value vs Fair Value
Verisk Analytics, Inc VRSK $180.97 $145.58 -20%
SGS SA SGSN CHF 94.20 CHF 68.96 -27%
Equifax Inc EFX $180.46 $100.04 -45%
Bureau Veritas SA BVI €27.74 €27.81 +0%
ALS Limited ALQ A$23.42 A$11.02 -53%
Booz Allen Hamilton Holding BAH $78.40 $146.45 +87%
DKSH Holding DKSH CHF 68.40 CHF 64.81 -5%
FTI Consulting, Inc FCN $152.68 $168.44 +10%
Centre Testing International Group 300012 ¥14.10 ¥11.90 -16%
GRG Metrology & Test Group 002967 ¥17.66 ¥11.69 -34%

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Frequently asked questions

Is SecMark Consultancy Ltd (SECMARK) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹41.78 versus a price of ₹130.05, about −68% (overvalued).
What is the fair value of SECMARK?
Our model-based fair value for SecMark Consultancy Ltd is ₹41.78 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹130.05.
What is the quality score of SECMARK?
SecMark Consultancy Ltd has a Quality Score of 49/100. 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 SecMark Consultancy Ltd (SECMARK)?
SecMark Consultancy Ltd reported trailing-twelve-month revenue of about ₹375M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of SECMARK?
The net profit margin of SecMark Consultancy Ltd is about 6.8%, meaning it keeps roughly 6.8% 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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