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SUMEDHA FISCAL SERVICES LTD. (SUMEDHA) Fair Value & Analysis

Financial Services · IN · Market cap ₹313M (≈ $3.3M) · ISIN INE886B01012

What is SUMEDHA FISCAL SERVICES LTD. really worth?

SF SUMEDHA FISCAL SERVICES LTD. SUMEDHA · BSE
Price₹39.00
Fair Value₹39.42
Upside+1.1%
Quality49/100

Below-average quality, currently priced close to our fair value of ₹39.42.

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Strengths

Ranks above peers (8/13)

Risks

!Expensive Growth (revenue 5y +49.7 %/yr)
!Thin margins · 2.2% net margin
!Low debt · negative free cash flow
!Narrow moat 24/100
!Evidence only low, so the estimate is less certain
!Weak on past: 15 out of 100

For context

·2.56% dividend yield
Evidence: Low Range ₹29.56 – ₹39.42

Fair value as of: Aug 31, 2026

From 9 valuation models · updated 4 days ago

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

₹177.41 ₹20.34 Fair Value ₹39.42 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 31, 2026.

How to read this chart

60‑month range ₹20.34 – ₹177.41 · fair‑value band ₹29.56 – ₹39.42 · the ₹39.00 price screens below the ₹39.42 fair value. Dashed = 300-day average. As of Aug 31, 2026.

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Analysis

SUMEDHA FISCAL SERVICES LTD. (SUMEDHA) currently trades at ₹39.00, while our model-based Fair Value estimate is ₹39.42, implying the stock looks roughly 1.1% fairly valued today. The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector. Bull case: the Earnings-Based group reads highest at a median of ₹77.51 per share, and 7 of the 9 models we run sit above the ₹39.00 price. Bear case: the Dividend Discount group reads lowest at ₹12.79, and 2 of the 9 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, SUMEDHA FISCAL SERVICES LTD. generated revenue of ₹1.1B at a net margin of 2.2%. Revenue grew 71.6% year over year. It earns a return on equity of 3.7%. The stock trades on a trailing P/E of 12.9. Fundamentals as of Aug 31, 2026

Our scenario range runs from ₹29.56 (bear case) to ₹39.42 (bull case); at ₹39.00, the current price sits within 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 38% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −37% fair-value upside, at 1%, SUMEDHA screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ₹1.37 per share, which is 3.5 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Residual Income best evidence ₹56.72 ₹54.58 ₹44.61 76
Owner Earnings ₹37.14 ₹75.11 ₹145.57 72
Gordon GGM ₹7.77 ₹14.00 ₹19.27 68
All 9 models by family
DCF Models
Owner Earnings ₹37.14 ₹75.11 ₹145.57 72
Earnings-Based
Graham-Dodd ₹20.62 ₹143.80 ₹201.80 63
Lynch FV ₹54.25 ₹77.51 ₹100.76 61
Dividend Discount
Gordon GGM ₹7.77 ₹14.00 ₹19.27 68
DDM Multi-Stage ₹7.77 ₹12.79 ₹14.95 67
Multiples
P/E Multiple ₹29.56 ₹39.42 ₹49.27 63
P/B Multiple ₹38.66 ₹51.55 ₹64.44 55
Asset-Based
NCAV (Graham) ₹40.80 ₹54.68 ₹81.61 54
Economic Profit
Residual Income best evidence ₹56.72 ₹54.58 ₹44.61 76

Widest divergence: Earnings-Based (₹77.51) versus Dividend Discount (₹12.79). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 12.9
P/S ratio 0.28 P/E × margin
EPS (TTM) ₹3.03 price ÷ EPS = P/E 12.9
Dividend yield 2.6% payout 33.0%
Net margin 2.2% FY2025
Return on equity 3.7% TTM
More key figures
Profitability
Return on assets (EBIT) 4.3% avg 5y
Operating margin −10.2% TTM
Growth
Revenue (TTM) ₹1.1B TTM
Revenue growth (YoY) +71.6% 3y avg +22.6%
EPS growth (YoY) −87.9%
Balance sheet & cash flow
Free cash flow −₹39.4M FY2025

Figures from reported company fundamentals · as of Aug 31, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 37

Profitability 39
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 13
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Sumedha Fiscal Services Limited provides investment banking services in India. The company's investment banking services, including merchant banking, debt syndication, financial restructuring, stressed assets resolution, mergers and takeovers, equity placements, techno-economic viability study, lenders independent engineers report, employee stock option …

Full company description

Sumedha Fiscal Services Limited provides investment banking services in India. The company's investment banking services, including merchant banking, debt syndication, financial restructuring, stressed assets resolution, mergers and takeovers, equity placements, techno-economic viability study, lenders independent engineers report, employee stock option plans advisory, and corporate consulting services, as well as public issues of equities and debt. It also provides capital market services, such as corporate advisory, private placements, takeover, delisting and buyback, initial public offer, and valuation; and wealth management services, which includes distribution of mutual funds, as well as a digital platform for mutual fund transactions. In addition, the company offers management consultancy and advisory services; and various fee-based services consisting of fund mobilization through issuance of debt, quasi equity, structured hybrid instruments, etc. It serves public and private corporates. The company was incorporated in 1989 and is based in Kolkata, India.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SUMEDHA FISCAL SERVICES LTD. reported revenue of ₹1.1B in FY2025 versus ₹556M in FY2021, a compound +18.5%/yr. Reported net income was ₹24.2M in FY2025, compounding −5.7%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
₹1.1B
Latest YoY
+11.6%
Avg. revenue 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.
+22.6%
Avg. revenue 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.
+49.7%
Avg. revenue growth/yr (9Y) 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.
+24.1%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. 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.
−13.6% (−16.2 + 2.6)
Revenue +18.5%/yr
FY21 ₹556M
FY22 ₹594M
FY23 ₹929M
FY24 ₹981M
FY25 ₹1.1B
Net income −5.7%/yr
FY21 ₹30.6M
FY22 ₹15.3M
FY23 ₹76.5M
FY24 ₹72.8M
FY25 ₹24.2M

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Cite: Fair Value Calculator (2026). "SUMEDHA FISCAL SERVICES LTD. Fair Value". https://www.fairvalue-calculator.com/stock/SUMEDHA

Peer Group

Capital Markets · 461 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 48 · Below median
Fair Value upside +1% · Above median
Return on equity (TTM) 4% · Below median
Return on assets 4% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) −10% · Bottom 25%
Revenue growth 72% · Top 25%
Dividend yield (TTM) 2.6% · Above median

Valuation Multiples vs Capital Markets median · lower = cheaper

P/E (TTM) 12.9× · Cheaper than median
P/B 0.48× · Cheaper than 75% of peers
P/S (TTM) 0.29× · Cheaper than 75% of peers
EV/EBITDA 13.1× · Pricier than median

Strength profile in five axes (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
VALUE35 · sector 11
FUTURE100 · sector 85
PAST15 · sector 30
HEALTH100 · sector 94
DIVIDEND51 · sector 38

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 Capital Markets stocks, each showing price versus our Fair Value estimate (as of Aug 31, 2026).

Stock Price Fair Value vs Fair Value
Morgan Stanley, a financial holding company, MS $214.77 $138.97 −35%
The Goldman Sachs Group GS $1,034 $756.89 −27%
The Charles Schwab Corporation SCHW $110.16 $66.17 −40%
Robinhood Markets, Inc HOOD $104.26 $30.94 −70%
Macquarie Group MQG A$250.94 A$75.58 −70%
CITIC Securities Company 600030 ¥27.93 ¥17.68 −37%
Guotai Haitong Securities Co 601211 ¥18.02 ¥18.62 +3%
East Money Information Co 300059 ¥19.42 ¥4.77 −75%
CSC Financial Co 601066 ¥25.78 ¥14.17 −45%
Huatai Securities Co 601688 ¥19.39 ¥19.26 −1%

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Frequently asked questions

Is SUMEDHA FISCAL SERVICES LTD. (SUMEDHA) overvalued or undervalued?
As of Aug 31, 2026, our model estimates a fair value of ₹39.42 versus a price of ₹39.00, about +1% upside (fairly valued).
What is the fair value of SUMEDHA?
Our model-based fair value for SUMEDHA FISCAL SERVICES LTD. is ₹39.42 (as of Aug 31, 2026), built from audited fundamentals. The current price: ₹39.00.
What is the quality score of SUMEDHA?
SUMEDHA FISCAL SERVICES 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 SUMEDHA FISCAL SERVICES LTD. (SUMEDHA)?
SUMEDHA FISCAL SERVICES LTD. reported trailing-twelve-month revenue of about ₹1.1B (latest available figure, as of Aug 31, 2026).
What is the net profit margin of SUMEDHA?
The net profit margin of SUMEDHA FISCAL SERVICES LTD. is about 2.2%, meaning it keeps roughly 2.2% of revenue as net income. Based on the latest reported figures.
Does SUMEDHA FISCAL SERVICES LTD. pay a dividend?
SUMEDHA FISCAL SERVICES LTD. currently shows a dividend yield of about 2.56% relative to its recent price (as of Aug 31, 2026).
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