Ceejay Finance Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 17, 2026, 7:29 pm

Market Cap	62.0 Cr.
Current Price	180
Intrinsic Value	₹158.80
High / Low	224/154
Stock P/E	8.62
Book Value	231
Dividend Yield	0.67 %
ROCE	11.7 %
ROE	9.33 %
Face Value	10.0
PEG Ratio	1.43

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ceejay Finance Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Minolta Finance Ltd	13.3 Cr.	1.33	1.66/1.00		1.07	0.00 %	0.40 %	0.09 %	1.00
Money Masters Leasing & Finance Ltd	6.93 Cr.	0.69	3.18/0.58	10.3	1.57	0.00 %	4.42 %	3.94 %	1.00
Moneyboxx Finance Ltd	395 Cr.	61.1	125/44.0		40.1	0.00 %	8.65 %	0.58 %	10.0
Moongipa Capital Finance Ltd	15.2 Cr.	16.6	24.7/14.8	12.6	26.6	0.00 %	12.1 %	9.43 %	10.0
Morarka Finance Ltd	27.1 Cr.	60.2	138/57.6	14.6	238	1.66 %	2.46 %	2.17 %	10.0
Industry Average	28,864.00 Cr	398.61		101.60	514.16	0.23%	15.81%	8.84%	8.50

All Competitor Stocks of Ceejay Finance Ltd

Quarterly Result

Metric	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Revenue	4.54	4.83	5.38	4.77	4.94	5.03	5.98	5.37	6.29	7.15	7.49	6.40	6.66
Interest	0.89	0.80	0.96	0.79	0.77	0.94	0.92	0.82	0.84	1.15	1.11	0.90	0.90
Expenses	1.56	2.01	1.92	1.53	1.95	2.32	2.51	2.00	2.39	4.23	4.16	3.09	2.72
Financing Profit	2.09	2.02	2.50	2.45	2.22	1.77	2.55	2.55	3.06	1.77	2.22	2.41	3.04
Financing Margin %	46.04%	41.82%	46.47%	51.36%	44.94%	35.19%	42.64%	47.49%	48.65%	24.76%	29.64%	37.66%	45.65%
Other Income	0.02	0.04	0.00	0.02	0.02	0.14	0.02	0.02	0.02	0.04	0.03	0.06	0.00
Depreciation	0.05	0.05	0.05	0.05	0.06	0.09	0.10	0.10	0.11	0.11	0.09	0.11	0.11
Profit before tax	2.06	2.01	2.45	2.42	2.18	1.82	2.47	2.47	2.97	1.70	2.16	2.36	2.93
Tax %	23.79%	18.91%	22.86%	23.55%	30.28%	25.82%	24.70%	27.53%	23.57%	32.94%	26.39%	26.27%	25.60%
Net Profit	1.57	1.62	1.90	1.85	1.52	1.34	1.86	1.79	2.27	1.14	1.59	1.75	2.18
EPS in Rs	4.55	4.70	5.51	5.36	4.41	3.88	5.39	5.19	6.58	3.30	4.61	5.07	6.32
Gross NPA %
Net NPA %

Last Updated: February 2, 2026, 4:46 pm

Below is a detailed analysis of the quarterly data for Ceejay Finance Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Interest, as of Sep 2025, the value is 0.90 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.90 Cr..
For Expenses, as of Sep 2025, the value is 2.72 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.09 Cr. (Jun 2025) to 2.72 Cr., marking a decrease of 0.37 Cr..
For Other Income, as of Sep 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.06 Cr. (Jun 2025) to 0.00 Cr., marking a decrease of 0.06 Cr..
For Depreciation, as of Sep 2025, the value is 0.11 Cr.. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 0.11 Cr..
For Profit before tax, as of Sep 2025, the value is 2.93 Cr.. The value appears strong and on an upward trend. It has increased from 2.36 Cr. (Jun 2025) to 2.93 Cr., marking an increase of 0.57 Cr..
For Tax %, as of Sep 2025, the value is 25.60%. The value appears to be improving (decreasing) as expected. It has decreased from 26.27% (Jun 2025) to 25.60%, marking a decrease of 0.67%.
For Net Profit, as of Sep 2025, the value is 2.18 Cr.. The value appears strong and on an upward trend. It has increased from 1.75 Cr. (Jun 2025) to 2.18 Cr., marking an increase of 0.43 Cr..
For EPS in Rs, as of Sep 2025, the value is 6.32. The value appears strong and on an upward trend. It has increased from 5.07 (Jun 2025) to 6.32, marking an increase of 1.25.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 4:00 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	11.12	11.58	12.28	14.28	16.40	14.81	17.35	16.03	17.95	19.82	20.71	26.29	27.70
Expenses	3.31	3.68	4.42	4.71	5.59	5.74	8.43	7.67	8.41	7.49	8.33	12.77	14.20
Operating Profit	7.81	7.90	7.86	9.57	10.81	9.07	8.92	8.36	9.54	12.33	12.38	13.52	13.50
OPM %	70.23%	68.22%	64.01%	67.02%	65.91%	61.24%	51.41%	52.15%	53.15%	62.21%	59.78%	51.43%	48.74%
Other Income	0.01	0.01	0.00	0.00	0.03	0.01	0.00	0.05	0.00	0.04	0.21	0.10	0.13
Interest	2.22	2.25	2.08	2.42	2.92	2.27	2.41	2.22	2.41	3.33	3.41	3.90	4.06
Depreciation	0.10	0.15	0.14	0.16	0.14	0.14	0.14	0.15	0.18	0.20	0.30	0.41	0.42
Profit before tax	5.50	5.51	5.64	6.99	7.78	6.67	6.37	6.04	6.95	8.84	8.88	9.31	9.15
Tax %	32.36%	32.30%	33.33%	33.05%	28.53%	27.59%	24.49%	25.83%	28.35%	22.62%	26.01%	26.85%
Net Profit	3.73	3.73	3.75	4.67	5.56	4.82	4.82	4.47	4.97	6.84	6.57	6.80	6.66
EPS in Rs	10.81	10.81	10.87	13.54	16.12	13.97	13.97	12.96	14.41	19.83	19.04	19.71	19.30
Dividend Payout %	12.95%	12.95%	13.80%	11.08%	15.51%	10.74%	7.16%	7.72%	6.94%	6.05%	6.30%	6.09%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	0.00%	0.54%	24.53%	19.06%	-13.31%	0.00%	-7.26%	11.19%	37.63%	-3.95%	3.50%
Change in YoY Net Profit Growth (%)	0.00%	0.54%	24.00%	-5.48%	-32.37%	13.31%	-7.26%	18.45%	26.44%	-41.57%	7.45%

Ceejay Finance Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	9%
5 Years:	9%
3 Years:	14%
TTM:	28%

Compounded Profit Growth
10 Years:	6%
5 Years:	7%
3 Years:	11%
TTM:	4%

Stock Price CAGR
10 Years:	17%
5 Years:	18%
3 Years:	23%
1 Year:	-22%

Return on Equity
10 Years:	11%
5 Years:	10%
3 Years:	10%
Last Year:	9%

Last Updated: September 5, 2025, 2:51 pm

Balance Sheet

Last Updated: February 1, 2026, 2:31 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	3.45	3.45	3.45	3.45	3.45	3.45	3.45	3.45	3.45	3.45	3.45	3.45	3.45
Reserves	20.10	23.22	26.33	31.01	35.95	40.14	44.39	48.65	53.34	59.86	66.07	72.38	76.25
Borrowing	18.90	21.04	17.85	26.70	28.52	27.02	29.71	18.43	24.08	28.37	33.08	46.76	44.18
Other Liabilities	2.17	2.17	2.81	2.18	2.48	1.93	1.90	1.19	2.09	2.86	2.95	3.12	2.08
Total Liabilities	44.62	49.88	50.44	63.34	70.40	72.54	79.45	71.72	82.96	94.54	105.55	125.71	125.96
Fixed Assets	0.92	0.93	0.85	0.91	0.82	1.12	1.21	1.19	1.15	1.39	6.61	6.64	6.46
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.38	0.38	0.38	0.38	0.38	0.62	0.41	0.50	0.54	0.47	0.00	0.00	0.00
Other Assets	43.32	48.57	49.21	62.05	69.20	70.80	77.83	70.03	81.27	92.68	98.94	119.07	119.50
Total Assets	44.62	49.88	50.44	63.34	70.40	72.54	79.45	71.72	82.96	94.54	105.55	125.71	125.96

Below is a detailed analysis of the balance sheet data for Ceejay Finance Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 3.45 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 3.45 Cr..
For Reserves, as of Sep 2025, the value is 76.25 Cr.. The value appears strong and on an upward trend. It has increased from 72.38 Cr. (Mar 2025) to 76.25 Cr., marking an increase of 3.87 Cr..
For Other Liabilities, as of Sep 2025, the value is 2.08 Cr.. The value appears to be improving (decreasing). It has decreased from 3.12 Cr. (Mar 2025) to 2.08 Cr., marking a decrease of 1.04 Cr..
For Total Liabilities, as of Sep 2025, the value is 125.96 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 125.71 Cr. (Mar 2025) to 125.96 Cr., marking an increase of 0.25 Cr..
For Fixed Assets, as of Sep 2025, the value is 6.46 Cr.. The value appears to be declining and may need further review. It has decreased from 6.64 Cr. (Mar 2025) to 6.46 Cr., marking a decrease of 0.18 Cr..
For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
For Other Assets, as of Sep 2025, the value is 119.50 Cr.. The value appears strong and on an upward trend. It has increased from 119.07 Cr. (Mar 2025) to 119.50 Cr., marking an increase of 0.43 Cr..
For Total Assets, as of Sep 2025, the value is 125.96 Cr.. The value appears strong and on an upward trend. It has increased from 125.71 Cr. (Mar 2025) to 125.96 Cr., marking an increase of 0.25 Cr..

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	1.00	-0.94	3.54	-7.93	1.51	4.17	-0.79	14.31	-4.98	-4.14	0.20	-13.16
Cash from Investing Activity +	0.12	-0.22	-0.08	-0.19	-0.04	-0.43	-0.08	-0.16	-0.08	-0.32	-4.80	-0.40
Cash from Financing Activity +	-2.03	1.56	-3.72	8.25	1.21	-4.83	-0.34	-13.86	5.30	3.95	4.29	13.26
Net Cash Flow	-0.91	0.41	-0.25	0.13	2.69	-1.10	-1.22	0.29	0.24	-0.51	-0.31	-0.30

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-11.09	-13.14	-9.99	-17.13	-17.71	-17.95	-20.79	-10.07	-14.54	-16.04	-20.70	-33.24

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	131.62	134.59	120.68	134.96	131.98	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Days
Days Payable
Cash Conversion Cycle	131.62	134.59	120.68	134.96	131.98	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Working Capital Days	391.59	417.95	405.72	297.01	316.70	-400.49	-327.55	3.87	-15.66	-23.20	-2.64	5.28
ROCE %	18.56%	17.24%	16.19%	17.30%	16.58%	12.91%	11.85%	11.16%	12.36%	14.06%	12.46%	11.71%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	59.14%	59.14%	59.15%	59.16%	59.03%	59.03%	59.03%	59.03%	59.03%	59.03%	59.03%	59.03%
Public	40.84%	40.86%	40.85%	40.84%	40.97%	40.98%	40.97%	40.97%	40.96%	40.97%	40.97%	40.97%
No. of Shareholders	2,833	2,830	2,830	2,832	2,904	2,750	2,707	2,784	2,637	2,674	2,654	2,663

Shareholding Pattern Chart

No. of Shareholders

Ceejay Finance Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	19.71	19.05	19.84	14.41	12.96
Diluted EPS (Rs.)	19.71	19.05	19.84	14.41	12.96
Cash EPS (Rs.)	20.90	19.91	20.41	14.94	13.40
Book Value[Excl.RevalReserv]/Share (Rs.)	219.81	201.51	183.51	164.62	151.02
Book Value[Incl.RevalReserv]/Share (Rs.)	219.81	201.51	183.51	164.62	151.02
Dividend / Share (Rs.)	1.20	1.20	1.20	1.00	1.00
Revenue From Operations / Share (Rs.)	76.21	60.04	57.19	51.98	41.26
PBDIT / Share (Rs.)	39.48	36.49	35.86	27.64	24.38
PBIT / Share (Rs.)	38.29	35.63	35.28	27.11	23.93
PBT / Share (Rs.)	26.97	25.75	25.63	20.13	17.49
Net Profit / Share (Rs.)	19.71	19.05	19.84	14.41	12.96
PBDIT Margin (%)	51.80	60.78	62.69	53.16	59.08
PBIT Margin (%)	50.23	59.34	61.69	52.15	58.01
PBT Margin (%)	35.39	42.88	44.82	38.72	42.39
Net Profit Margin (%)	25.85	31.72	34.69	27.72	31.40
Return on Networth / Equity (%)	8.96	9.45	10.81	8.75	8.57
Return on Capital Employeed (%)	17.24	17.43	18.99	16.22	15.75
Return On Assets (%)	5.40	6.22	7.24	5.99	6.23
Total Debt / Equity (X)	0.61	0.47	0.44	0.42	0.35
Asset Turnover Ratio (%)	0.22	0.20	0.22	0.23	0.18
Current Ratio (X)	2.35	2.73	2.98	3.16	3.55
Quick Ratio (X)	2.35	2.73	2.98	3.16	3.55
Dividend Payout Ratio (NP) (%)	6.08	6.29	5.04	6.93	7.71
Dividend Payout Ratio (CP) (%)	5.74	6.02	4.89	6.69	7.46
Earning Retention Ratio (%)	93.92	93.71	94.96	93.07	92.29
Cash Earning Retention Ratio (%)	94.26	93.98	95.11	93.31	92.54
Interest Coverage Ratio (X)	3.49	3.69	3.72	3.96	3.78
Interest Coverage Ratio (Post Tax) (X)	2.74	2.93	3.06	3.06	3.01
Enterprise Value (Cr.)	104.16	95.80	61.15	59.35	42.93
EV / Net Operating Revenue (X)	3.96	4.63	3.10	3.31	3.02
EV / EBITDA (X)	7.65	7.61	4.94	6.22	5.10
MarketCap / Net Operating Revenue (X)	2.23	3.10	1.75	2.10	1.87
Retention Ratios (%)	93.91	93.70	94.95	93.06	92.28
Price / BV (X)	0.77	0.92	0.54	0.66	0.51
Price / Net Operating Revenue (X)	2.23	3.10	1.75	2.10	1.87
EarningsYield	0.11	0.10	0.19	0.13	0.16

After reviewing the key financial ratios for Ceejay Finance Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 19.71. This value is within the healthy range. It has increased from 19.05 (Mar 24) to 19.71, marking an increase of 0.66.
For Diluted EPS (Rs.), as of Mar 25, the value is 19.71. This value is within the healthy range. It has increased from 19.05 (Mar 24) to 19.71, marking an increase of 0.66.
For Cash EPS (Rs.), as of Mar 25, the value is 20.90. This value is within the healthy range. It has increased from 19.91 (Mar 24) to 20.90, marking an increase of 0.99.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 219.81. It has increased from 201.51 (Mar 24) to 219.81, marking an increase of 18.30.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 219.81. It has increased from 201.51 (Mar 24) to 219.81, marking an increase of 18.30.
For Dividend / Share (Rs.), as of Mar 25, the value is 1.20. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.20.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 76.21. It has increased from 60.04 (Mar 24) to 76.21, marking an increase of 16.17.
For PBDIT / Share (Rs.), as of Mar 25, the value is 39.48. This value is within the healthy range. It has increased from 36.49 (Mar 24) to 39.48, marking an increase of 2.99.
For PBIT / Share (Rs.), as of Mar 25, the value is 38.29. This value is within the healthy range. It has increased from 35.63 (Mar 24) to 38.29, marking an increase of 2.66.
For PBT / Share (Rs.), as of Mar 25, the value is 26.97. This value is within the healthy range. It has increased from 25.75 (Mar 24) to 26.97, marking an increase of 1.22.
For Net Profit / Share (Rs.), as of Mar 25, the value is 19.71. This value is within the healthy range. It has increased from 19.05 (Mar 24) to 19.71, marking an increase of 0.66.
For PBDIT Margin (%), as of Mar 25, the value is 51.80. This value is within the healthy range. It has decreased from 60.78 (Mar 24) to 51.80, marking a decrease of 8.98.
For PBIT Margin (%), as of Mar 25, the value is 50.23. This value exceeds the healthy maximum of 20. It has decreased from 59.34 (Mar 24) to 50.23, marking a decrease of 9.11.
For PBT Margin (%), as of Mar 25, the value is 35.39. This value is within the healthy range. It has decreased from 42.88 (Mar 24) to 35.39, marking a decrease of 7.49.
For Net Profit Margin (%), as of Mar 25, the value is 25.85. This value exceeds the healthy maximum of 10. It has decreased from 31.72 (Mar 24) to 25.85, marking a decrease of 5.87.
For Return on Networth / Equity (%), as of Mar 25, the value is 8.96. This value is below the healthy minimum of 15. It has decreased from 9.45 (Mar 24) to 8.96, marking a decrease of 0.49.
For Return on Capital Employeed (%), as of Mar 25, the value is 17.24. This value is within the healthy range. It has decreased from 17.43 (Mar 24) to 17.24, marking a decrease of 0.19.
For Return On Assets (%), as of Mar 25, the value is 5.40. This value is within the healthy range. It has decreased from 6.22 (Mar 24) to 5.40, marking a decrease of 0.82.
For Total Debt / Equity (X), as of Mar 25, the value is 0.61. This value is within the healthy range. It has increased from 0.47 (Mar 24) to 0.61, marking an increase of 0.14.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.22. It has increased from 0.20 (Mar 24) to 0.22, marking an increase of 0.02.
For Current Ratio (X), as of Mar 25, the value is 2.35. This value is within the healthy range. It has decreased from 2.73 (Mar 24) to 2.35, marking a decrease of 0.38.
For Quick Ratio (X), as of Mar 25, the value is 2.35. This value exceeds the healthy maximum of 2. It has decreased from 2.73 (Mar 24) to 2.35, marking a decrease of 0.38.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 6.08. This value is below the healthy minimum of 20. It has decreased from 6.29 (Mar 24) to 6.08, marking a decrease of 0.21.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 5.74. This value is below the healthy minimum of 20. It has decreased from 6.02 (Mar 24) to 5.74, marking a decrease of 0.28.
For Earning Retention Ratio (%), as of Mar 25, the value is 93.92. This value exceeds the healthy maximum of 70. It has increased from 93.71 (Mar 24) to 93.92, marking an increase of 0.21.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 94.26. This value exceeds the healthy maximum of 70. It has increased from 93.98 (Mar 24) to 94.26, marking an increase of 0.28.
For Interest Coverage Ratio (X), as of Mar 25, the value is 3.49. This value is within the healthy range. It has decreased from 3.69 (Mar 24) to 3.49, marking a decrease of 0.20.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.74. This value is below the healthy minimum of 3. It has decreased from 2.93 (Mar 24) to 2.74, marking a decrease of 0.19.
For Enterprise Value (Cr.), as of Mar 25, the value is 104.16. It has increased from 95.80 (Mar 24) to 104.16, marking an increase of 8.36.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.96. This value exceeds the healthy maximum of 3. It has decreased from 4.63 (Mar 24) to 3.96, marking a decrease of 0.67.
For EV / EBITDA (X), as of Mar 25, the value is 7.65. This value is within the healthy range. It has increased from 7.61 (Mar 24) to 7.65, marking an increase of 0.04.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.23. This value is within the healthy range. It has decreased from 3.10 (Mar 24) to 2.23, marking a decrease of 0.87.
For Retention Ratios (%), as of Mar 25, the value is 93.91. This value exceeds the healthy maximum of 70. It has increased from 93.70 (Mar 24) to 93.91, marking an increase of 0.21.
For Price / BV (X), as of Mar 25, the value is 0.77. This value is below the healthy minimum of 1. It has decreased from 0.92 (Mar 24) to 0.77, marking a decrease of 0.15.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.23. This value is within the healthy range. It has decreased from 3.10 (Mar 24) to 2.23, marking a decrease of 0.87.
For EarningsYield, as of Mar 25, the value is 0.11. This value is below the healthy minimum of 5. It has increased from 0.10 (Mar 24) to 0.11, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Ceejay Finance Ltd as of February 18, 2026 is: ₹149.62

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 18, 2026, Ceejay Finance Ltd is Overvalued by 16.88% compared to the current share price ₹180.00

Intrinsic Value of Ceejay Finance Ltd as of February 18, 2026 is: ₹158.62

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 18, 2026, Ceejay Finance Ltd is Overvalued by 11.88% compared to the current share price ₹180.00

Last 5 Year EPS CAGR: 6.02%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (45.98 cr) compared to borrowings (28.05 cr), indicating strong financial stability. The company has shown consistent growth in sales (17.41 cr) and profit (7.20 cr) over the years.	The stock has a low average ROCE of 14.37%, which may not be favorable. The stock has a high average Working Capital Days of 89.05, which may not be favorable. The stock has a high average Cash Conversion Cycle of 54.49, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ceejay Finance Ltd:
1. Net Profit Margin: 25.85%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 17.24% (Industry Average ROCE: 15.81%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 8.96% (Industry Average ROE: 8.84%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.74
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.35
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 8.62 (Industry average Stock P/E: 101.6)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.61
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Ceejay Finance Ltd. is a Public Limited Listed company incorporated on 09/03/1993 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L65910GJ1993PLC019090 and registration number is 019090. Currently Company is involved in the business activities of Other credit granting. Company's Total Operating Revenue is Rs. 26.29 Cr. and Equity Capital is Rs. 3.45 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	C J House, Nadiad Gujarat 387001	Contact not found

Management
Name	Position Held
Mr. Kiran Patel	Chairman
Mr. Deepak Patel	Managing Director
Mr. Shailesh Patel	Director
Mr. Chinmay Amin	Director
Mrs. Mrudula Patel	Director
Mr. Samirbhai Parikh	Director

FAQ

What is the intrinsic value of Ceejay Finance Ltd?

Ceejay Finance Ltd's intrinsic value (as of 18 February 2026) is ₹158.62 which is 11.88% lower the current market price of ₹180.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹62.0 Cr. market cap, FY2025-2026 high/low of ₹224/154, reserves of ₹76.25 Cr, and liabilities of ₹125.96 Cr.

What is the Market Cap of Ceejay Finance Ltd?

The Market Cap of Ceejay Finance Ltd is 62.0 Cr..

What is the current Stock Price of Ceejay Finance Ltd as on 18 February 2026?

The current stock price of Ceejay Finance Ltd as on 18 February 2026 is ₹180.

What is the High / Low of Ceejay Finance Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Ceejay Finance Ltd stocks is ₹224/154.

What is the Stock P/E of Ceejay Finance Ltd?

The Stock P/E of Ceejay Finance Ltd is 8.62.

What is the Book Value of Ceejay Finance Ltd?

The Book Value of Ceejay Finance Ltd is 231.

What is the Dividend Yield of Ceejay Finance Ltd?

The Dividend Yield of Ceejay Finance Ltd is 0.67 %.

What is the ROCE of Ceejay Finance Ltd?

The ROCE of Ceejay Finance Ltd is 11.7 %.

What is the ROE of Ceejay Finance Ltd?

The ROE of Ceejay Finance Ltd is 9.33 %.

What is the Face Value of Ceejay Finance Ltd?

The Face Value of Ceejay Finance Ltd is 10.0.