AI Summary
✦ ClarthaPrice Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 2 analysts
Fundamentals
Fundamentals institutional score is 87 using growth durability 86.6.
Valuation
Valuation institutional score is 96 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 79 using mean target upside 21.6%; dispersion penalty 2.8; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 60 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.
Signal Summary
Market intelligence remains Supportive. fundamentals and valuation provide support.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 22.9% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.06). Confidence: 75%.
Live forward EPS implies next-12-month EPS of ₹9.85. Applying the stock's normalized valuation corridor produces a fair range of ₹186.16 to ₹257.97, with base value near ₹216.31 (+81.4% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹9.85
Forward P/E
12.1x
Base Fair Value
₹216.31
Fair Range
₹186.16 - ₹257.97
Upside To Base
+81.4%
Estimate Source
Live forward EPS
Growth Estimate
+33.0%
5Y Average
3.56
Current
2.43
Overvalued
4.09
Undervalued
3.03
5Y Average
23.11
Current
16.94
Overvalued
26.19
Undervalued
18.90
5Y Average
64.29
Current
48.03
Overvalued
73.14
Undervalued
54.23
Peers & Comparison
Sector: Financials · Theme: Specialized Finance
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
IFCI LTD IFCISpecialized Finance | — | 0.0% | 107.1x Premium | +182% vs avg | +44.0% |
AUTHUM INVEST & INFRA LTD AIILSpecialized Finance | +14.1% | 82.1% | 30.6x Undervalued | -19% vs avg | +3.7% |
HSG & URBAN DEV CORPN LTD HUDCOSpecialized Finance | +9.8% | 90.7% | 9.5x Undervalued | -75% vs avg | -5.2% |
RAIL VIKAS NIGAM LIMITED RVNLSpecialized Finance | +4.2% | 4.3% | 55.6x Premium | +46% vs avg | -30.0% |
REC LIMITED RECLTDSpecialized Finance | +25.2% | 68.9% | 6.0x Undervalued | -84% vs avg | -10.8% |
POWER FIN CORP LTD. PFCSpecialized Finance | +0.8% | 54.5% | 5.3x Undervalued | -86% vs avg | -7.3% |
MUTHOOT FINANCE LIMITED MUTHOOTFINConsumer Finance | +35.3% | 55.5% | 10.3x Undervalued | -73% vs avg | +11.6% |
JIO FIN SERVICES LTD JIOFINConsumer Finance | +208.2% | 55.0% | 79.9x Premium | +110% vs avg | -21.6% |
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
IFCI LTD IFCISpecialized Finance | — | 0.0% | 107.1x Premium | +235% vs avg | +44.0% |
AUTHUM INVEST & INFRA LTD AIILSpecialized Finance | +14.1% | 82.1% | 30.6x Fair | -4% vs avg | +3.7% |
HSG & URBAN DEV CORPN LTD HUDCOSpecialized Finance | +9.8% | 90.7% | 9.5x Undervalued | -70% vs avg | -5.2% |
SAGILITY LIMITED SAGILITYSpecialized Finance | +27.6% | 13.0% | 20.6x Undervalued | -36% vs avg | -1.5% |
RAIL VIKAS NIGAM LIMITED RVNLSpecialized Finance | +4.2% | 4.3% | 55.6x Premium | +74% vs avg | -30.0% |
REC LIMITED RECLTDSpecialized Finance | +25.2% | 68.9% | 6.0x Undervalued | -81% vs avg | -10.8% |
SBFC FINANCE LIMITED SBFCSpecialized Finance | +24.6% | 44.9% | 21.6x Undervalued | -32% vs avg | -7.9% |
POWER FIN CORP LTD. PFCSpecialized Finance | +0.8% | 54.5% | 5.3x Undervalued | -83% vs avg | -7.3% |
INDIAN RENEWABLE ENERGY trades at a discount (17.1x vs peer avg 38.0x), suggesting potential undervaluation relative to the Specialized Finance cohort. Peers include IFCI LTD, AUTHUM INVEST & INFRA LTD, HSG & URBAN DEV CORPN LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹2.25K CrJun 2026Latest net profit
₹338 CrJun 2026Free cash flow
₹-14.50K CrMar 2026Net Profit
₹338 CrProfit conversionPerformance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 1,143 | 1,177 | 1,253 | 1,391 | 1,510 | 1,630 | 1,698 | 1,904 | 1,947 | 2,057 | 2,130 | 2,175 | 2,248 |
| Interest | 764 | 793 | 760 | 847 | 975 | 1,030 | 1,032 | 1,104 | 1,218 | 1,213 | 1,233 | 1,241 | 1,341 |
| Expenses + | -66 | -3 | 99 | 56 | 51 | 131 | 119 | 170 | 427 | 138 | 179 | 308 | 486 |
| Financing Profit | 445 | 387 | 394 | 488 | 484 | 469 | 548 | 630 | 302 | 706 | 718 | 626 | 422 |
| Financing Margin % | 39% | 33% | 31% | 35% | 32% | 29% | 32% | 33% | 16% | 34% | 34% | 29% | 19% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 11 | 12 | 1 | 10 | 6 | 1 |
| Depreciation | 6 | 7 | 8 | 9 | 9 | 9 | 10 | 11 | 10 | 10 | 11 | 13 | 10 |
| Profit before tax | 440 | 380 | 386 | 480 | 476 | 460 | 538 | 630 | 305 | 696 | 717 | 619 | 413 |
| Tax % | 33% | 25% | 13% | 30% | 19% | 16% | 21% | 20% | 19% | 21% | 18% | 20% | 18% |
| Net Profit + | 295 | 285 | 336 | 337 | 384 | 388 | 425 | 502 | 247 | 549 | 585 | 493 | 338 |
| EPS in Rs | 1.29 | 1.25 | 1.25 | 1.26 | 1.43 | 1.44 | 1.58 | 1.87 | 0.88 | 1.95 | 2.08 | 1.75 | 1.20 |
| Gross NPA % | 3.08% | 3.13% | 2.90% | 2.19% | 2.19% | 2.68% | 2.45% | 4.13% | 3.97% | 3.75% | 3.49% | ||
| Net NPA % | 1.61% | 1.65% | 1.52% | 0.95% | 1.04% | 1.50% | 1.35% | 2.06% | 1.97% | 1.68% | 1.29% | ||
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Board Meeting Outcome for Outcome Of The Board Meeting Held On 03.08.2026
Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter Ended June 30, 2026.