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SG Finserve Limited (SGFIN) Fair Value & Analysis

Financial Services · IN · Market cap ₹44.4B

SF SG Finserve Limited SGFIN · NSE
Price₹673.80
Fair Value₹329.34
Upside-51.1%
Quality56/100
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Evidence: High Range ₹247.00 – ₹411.67

Fair value as of: Jul 3, 2026

From 15 valuation models · updated today

Share price +16.6% over the past month.

Price vs Fair Value (11 months)

₹673.80 ₹334.75 Fair Value ₹329.34 Aug 2025 Jul 2026

11‑month range ₹334.75 – ₹673.80 · fair‑value band ₹247.00 – ₹411.67 · the ₹673.80 price screens above the ₹329.34 fair value. As of Jul 3, 2026.

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Analysis

SG Finserve Limited (SGFIN) currently trades at ₹673.80, while our model-based Fair Value estimate is ₹329.34 — implying the stock looks roughly 51.1% overvalued today. We read business quality at 56/100 (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: high).

Over the trailing twelve months, SG Finserve Limited generated revenue of ₹3.3B at a net margin of 38.3%. Revenue grew 97.0% year over year. It earns a return on equity of 10.3%. Net debt stands at ₹25.5B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹3.3B
Revenue growth (YoY) +97.0%
Net margin 38.3%
Return on equity 10.3%
Free cash flow −₹15.7B FY2026
P/E ratio 30.1
More key figures
Operating margin 94.4%
EPS (TTM) ₹22.41
EPS growth (YoY) +106%
Net debt ₹25.5B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

SG Finserve Limited operates as a non-banking financial company in India. It offers dealer financing, retailer financing, logistics and transporter financing, and tailor-made term lending solutions, as well as vendor supplier financing for corporates. The company was formerly known as Moongipa Securities Limited. SG Finserve Limited was incorporated in 1994 and is based in Ghaziabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

SG Finserve Limited reported revenue of ₹3.3B in FY2026 versus ₹375K in FY2022, a compound +870.6%/yr. Reported net income was ₹1.3B in FY2026, compounding +257.2%/yr from FY2022.

Revenue +870.6%/yr
FY22 ₹375K
FY23 ₹399M
FY24 ₹1.9B
FY25 ₹1.7B
FY26 ₹3.3B
Net income +257.2%/yr
FY22 ₹7.8M
FY23 ₹184M
FY24 ₹786M
FY25 ₹810M
FY26 ₹1.3B

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6 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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The Goldman Sachs Group GS $1,093 $241.15 -78%
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Frequently asked questions

Is SG Finserve Limited (SGFIN) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹329.34 versus a price of ₹673.80 — about −51% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SGFIN?
Our model-based fair value for SG Finserve Limited is ₹329.34 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹673.80.
What is the quality score of SGFIN?
SG Finserve Limited has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SG Finserve Limited (SGFIN)?
SG Finserve Limited reported trailing-twelve-month revenue of about ₹3.3B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SGFIN?
The net profit margin of SG Finserve Limited is about 38.3%, meaning it keeps roughly 38.3% 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.