Hanman Fit Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Hanman Fit Ltd and is it undervalued?

As of 11 April 2026, Hanman Fit Ltd's intrinsic value is 3.14, which is 21.50% lower than the current market price of 4.00, suggesting the stock is overvalued. Calculated using the PE ratio method factoring in ROE (27.4 %), book value (1.58), dividend yield (0.00 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of Hanman Fit Ltd?

Hanman Fit Ltd is trading at 4.00 as of 11 April 2026, with a FY2026-2027 high of 6.60 and low of 3.08. The stock is currently in the middle of its 52-week range. Market cap stands at 4.20 Cr..

Q: Is Hanman Fit Ltd financially healthy?

Key indicators: ROCE of 23.5 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is Hanman Fit Ltd profitable and how is the profit trend?

Hanman Fit Ltd reported a net profit of -1 Cr in Mar 2025 on revenue of 0 Cr. Compared to 0 Cr in Mar 2022, the net profit shows a mixed trend.

Fair Value

₹5.30Undervalued by 32.50%vs CMP ₹4.00

P/E (15.0) × ROE (27.4%) × BV (₹1.58) × DY (2.00%)

Defaults: P/E=15

₹3.14Overvalued by 21.50%vs CMP ₹4.00

MoS: -27.4% (Negative)Confidence: 38/100 (Low)Models: 1 Under, 2 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹5.47	49%	Under (+36.8%)
Net Asset Value	Assets	₹1.58	29%	Over (-60.5%)
Revenue Multiple	Revenue	₹0.04	22%	Over (-99%)
Consensus (3 models)		₹3.14	100%	Overvalued

Key Drivers: Wide model spread (₹0–₹5) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 3.2% · Defaults: P/E=15

*Investments are subject to market risks

Investment Snapshot

Hanman Fit Ltd scores 58/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health59/100 · Moderate

ROCE 23.5% ExcellentROE 27.4% ExcellentD/E 0.47 ModerateInterest Coverage 0.0x RiskyProfitable 1/5 years Inconsistent

Smart Money50/100 · Moderate

Promoter holding at 54.0% Stable

Earnings Quality50/100 · Moderate

OPM contracting (0% → -1,177%) DecliningWorking capital: -6,935 days (improving) Efficient

Quarterly Momentum60/100 · Moderate

OPM: 80.0% (up 80.0% YoY) Margin expansion

Industry Rank75/100 · Strong

ROCE 23.5% vs industry 16.6% Above peersROE 27.4% vs industry 11.4% Above peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: March 24, 2026, 5:11 am

Market Cap	4.20 Cr.
Current Price	4.00
Intrinsic Value	₹3.14
High / Low	6.60/3.08
Stock P/E
Book Value	1.58
Dividend Yield	0.00 %
ROCE	23.5 %
ROE	27.4 %
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Hanman Fit Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Imagicaaworld Entertainment Ltd	2,304 Cr.	40.7	75.6/36.8	78.4	23.4	0.00 %	7.44 %	7.33 %	10.0
Hanman Fit Ltd	4.20 Cr.	4.00	6.60/3.08		1.58	0.00 %	23.5 %	27.4 %	10.0
Ajwa Fun World & Resort Ltd	30.4 Cr.	47.5	64.1/26.9	0.56	81.9	0.00 %	36.6 %	%	10.0
Wonderla Holidays Ltd	3,315 Cr.	523	717/455	40.0	278	0.38 %	7.82 %	7.51 %	10.0
Delta Corp Ltd	1,454 Cr.	54.3	98.9/48.3	14.9	85.3	2.30 %	7.65 %	3.45 %	1.00
Industry Average	2,357.67 Cr	133.90		33.47	94.04	0.54%	16.60%	11.42%	8.20

All Competitor Stocks of Hanman Fit Ltd

Quarterly Result

Metric	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Sales	0.92	0.28	0.00	0.37	0.00	0.00	0.00	0.00	0.00	0.20	0.00	0.03	0.10
Expenses	1.23	1.63	0.87	1.24	0.25	0.08	0.02	0.28	0.01	0.23	0.46	0.27	0.02
Operating Profit	-0.31	-1.35	-0.87	-0.87	-0.25	-0.08	-0.02	-0.28	-0.01	-0.03	-0.46	-0.24	0.08
OPM %	-33.70%	-482.14%		-235.14%						-15.00%		-800.00%	80.00%
Other Income	-1.53	0.00	0.18	0.06	0.08	0.02	0.00	0.38	-0.08	0.67	0.09	0.06	0.00
Interest	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.42	0.14	0.16	0.16	0.13	0.13	0.11	0.11	0.10	0.26	0.15	0.12	0.10
Profit before tax	-2.27	-1.50	-0.85	-0.97	-0.30	-0.19	-0.13	-0.01	-0.19	0.38	-0.52	-0.30	-0.02
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-123.68%	0.00%	0.00%	0.00%
Net Profit	-2.27	-1.49	-0.86	-0.97	-0.30	-0.19	-0.13	-0.02	-0.19	0.85	-0.52	-0.30	-0.01
EPS in Rs	-2.16	-1.42	-0.82	-0.92	-0.29	-0.18	-0.12	-0.02	-0.18	0.81	-0.50	-0.29	-0.01

Last Updated: January 7, 2026, 1:36 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 3:35 am

Metric	Mar 2014n n 14m	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	3.84	8.96	11.16	9.86	4.89	3.05	1.19	0.55	0.00	0.00	0.20	0.03	0.13
Expenses	3.40	8.87	10.52	11.37	5.61	5.07	2.83	1.67	0.33	0.30	0.24	0.73	0.29
Operating Profit	0.44	0.09	0.64	-1.51	-0.72	-2.02	-1.64	-1.12	-0.33	-0.30	-0.04	-0.70	-0.16
OPM %	11.46%	1.00%	5.73%	-15.31%	-14.72%	-66.23%	-137.82%	-203.64%			-20.00%	-2,333.33%	-123.08%
Other Income	0.06	0.99	0.27	0.48	0.77	0.33	-1.55	-0.38	0.10	0.38	0.59	0.15	0.06
Interest	0.20	0.28	0.19	0.16	0.09	0.02	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.17	0.63	0.58	2.23	0.46	1.00	0.56	0.32	0.26	0.22	0.35	0.27	0.22
Profit before tax	0.13	0.17	0.14	-3.42	-0.50	-2.71	-3.76	-1.82	-0.49	-0.14	0.20	-0.82	-0.32
Tax %	30.77%	52.94%	307.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-235.00%	0.00%
Net Profit	0.08	0.09	-0.28	-3.43	-0.50	-2.72	-3.76	-1.82	-0.49	-0.14	0.67	-0.82	-0.31
EPS in Rs	0.19	0.12	-0.39	-4.76	-0.48	-2.59	-3.58	-1.73	-0.47	-0.13	0.64	-0.78	-0.30
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-411.11%	-1125.00%	85.42%	-444.00%	-38.24%	51.60%	73.08%	71.43%	578.57%	-222.39%
Change in YoY Net Profit Growth (%)	0.00%	-713.89%	1210.42%	-529.42%	405.76%	89.83%	21.48%	-1.65%	507.14%	-800.96%

Hanman Fit Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2015-2016 to 2024-2025.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: December 4, 2025, 3:01 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	4.08	6.90	6.90	6.90	10.00	10.50	10.50	10.50	10.50	10.50	10.50	10.50	10.50
Reserves	0.08	4.97	4.69	1.26	0.76	-2.45	-6.22	-8.04	-8.53	-8.67	-8.01	-8.83	-8.84
Borrowings	1.69	0.99	0.79	0.54	0.44	0.90	0.50	1.17	1.24	1.00	0.70	0.00	0.00
Other Liabilities	0.56	1.77	2.39	2.37	2.46	3.58	2.71	2.05	1.65	1.22	0.21	0.86	0.85
Total Liabilities	6.41	14.63	14.77	11.07	13.66	12.53	7.49	5.68	4.86	4.05	3.40	2.53	2.51
Fixed Assets	3.53	6.19	8.92	7.39	7.79	6.98	2.68	1.88	1.62	2.21	1.86	1.17	1.08
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	1.59	1.27	1.01	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.33	0.33	0.33	0.33	0.33	0.21	0.19	0.15	0.15
Other Assets	2.88	8.44	5.85	3.68	5.54	5.22	2.89	2.20	1.90	1.63	1.35	1.21	1.28
Total Assets	6.41	14.63	14.77	11.07	13.66	12.53	7.49	5.68	4.86	4.05	3.40	2.53	2.51

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 +	-1.65	-3.24	5.15	0.01	-2.35	-0.52	-1.55	-1.43	-0.39	-0.12	0.32	1.21
Cash from Investing Activity +	-3.73	-3.29	-3.31	-0.72	-1.18	-0.20	2.16	0.80	0.25	0.32	0.02	-0.40
Cash from Financing Activity +	5.57	6.66	-0.36	-0.37	2.92	0.44	-0.41	0.66	0.07	-0.24	-0.30	-0.70
Net Cash Flow	0.19	0.12	1.49	-1.07	-0.61	-0.28	0.20	0.03	-0.07	-0.03	0.04	0.10
Free Cash Flow	-5.35	-6.53	1.84	-0.71	-3.20	-0.72	0.61	-0.63	-0.14	0.20	0.34	1.63
CFO/OP	-373%	-3,600%	809%	-1%	326%	26%	95%	128%	118%	40%	-800%	-310%

Free Cash Flow

Month	Mar 2014n n 14m	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	0.44	-0.90	-0.15	-2.05	-1.16	-2.92	-2.14	-2.29	-1.57	-1.30	-0.74	-0.70

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	0.00	0.81	0.65	0.74	0.00	0.00	0.00	0.00			0.00	3,285.00
Inventory Days								157.61	328.50	638.75	0.00
Days Payable								1,211.14	3,869.00	3,376.25
Cash Conversion Cycle	0.00	0.81	0.65	0.74	0.00	0.00	0.00	-1,053.52			0.00	3,285.00
Working Capital Days	202.46	261.12	69.66	21.84	222.43	216.61	49.08	53.09			-383.25	-6,935.00
ROCE %		4.81%	2.61%	-30.93%	-4.12%	-26.70%	-32.05%	-32.82%	-14.33%	-4.64%	-12.96%	-33.74%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2020	Dec 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Promoters	56.00%	56.00%	56.00%	56.00%	56.00%	56.00%	55.76%	54.04%	54.04%	54.04%	54.04%	54.04%
Public	44.00%	44.00%	44.00%	44.00%	44.00%	44.00%	44.24%	45.96%	45.96%	45.96%	45.96%	45.96%
No. of Shareholders		299	299	303	298	287	290	344	318	350	355	339

Shareholding Pattern Chart

No. of Shareholders

Hanman Fit Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE 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.)	-0.78	0.63	-0.14	-0.47	-1.74
Diluted EPS (Rs.)	-0.78	0.63	-0.14	-0.47	-1.74
Cash EPS (Rs.)	-0.52	0.97	0.07	-0.21	-1.43
Book Value[Excl.RevalReserv]/Share (Rs.)	1.59	2.37	1.74	1.88	2.34
Book Value[Incl.RevalReserv]/Share (Rs.)	1.59	2.37	1.74	1.88	2.34
Revenue From Operations / Share (Rs.)	0.02	0.18	0.00	0.00	0.52
PBDIT / Share (Rs.)	-0.52	-0.04	0.07	-0.21	-1.43
PBIT / Share (Rs.)	-0.78	-0.38	-0.13	-0.46	-1.73
PBT / Share (Rs.)	-0.78	0.18	-0.13	-0.46	-1.74
Net Profit / Share (Rs.)	-0.78	0.63	-0.13	-0.46	-1.74
PBDIT Margin (%)	-1812.78	-22.51	0.00	0.00	-273.64
PBIT Margin (%)	-2690.16	-201.25	0.00	0.00	-332.12
PBT Margin (%)	-2691.14	97.58	0.00	0.00	-332.62
Net Profit Margin (%)	-2691.14	335.26	0.00	0.00	-332.62
Return on Networth / Equity (%)	-49.12	26.70	-7.93	-24.79	-74.08
Return on Capital Employeed (%)	-49.10	-12.50	-5.11	-15.21	-50.20
Return On Assets (%)	-32.44	19.56	-3.58	-10.06	-32.13
Long Term Debt / Equity (X)	0.00	0.28	0.54	0.62	0.47
Total Debt / Equity (X)	0.00	0.28	0.54	0.62	0.47
Asset Turnover Ratio (%)	0.01	0.05	0.00	0.00	0.08
Current Ratio (X)	0.33	0.80	1.36	1.16	1.08
Quick Ratio (X)	0.33	0.80	1.24	1.10	0.99
Interest Coverage Ratio (X)	-1843.00	-223.50	259.14	-1083.91	-549.73
Interest Coverage Ratio (Post Tax) (X)	-2735.00	361.50	-477.18	-2306.30	-667.22
Enterprise Value (Cr.)	3.59	4.98	3.30	4.40	3.10
EV / Net Operating Revenue (X)	117.75	25.07	0.00	0.00	5.67
EV / EBITDA (X)	-6.50	-111.33	41.95	-19.16	-2.07
MarketCap / Net Operating Revenue (X)	126.69	22.38	0.00	0.00	3.64
Price / BV (X)	2.31	1.78	1.23	1.60	0.81
Price / Net Operating Revenue (X)	126.90	22.38	0.00	0.00	3.65
EarningsYield	-0.21	0.14	-0.06	-0.15	-0.91

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Hanman Fit Ltd. is a Public Limited Listed company incorporated on 08/02/2013 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L85190MH2013PLC240311 and registration number is 240311. Currently Company is involved in the business activities of Other amusement and recreation activities. Company's Total Operating Revenue is Rs. 0.03 Cr. and Equity Capital is Rs. 10.50 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Amusement Parks/Recreation	702, Concord CHS Ltd., Plot No.1, N S Road, Vile Parle (W) JVPD Scheme, Mumbai Maharashtra 400056	Contact not found

Management
Name	Position Held
Mr. Akshat Gupta	Managing Director & CFO
Mr. Divesh Shantaram Koli	Director
Mr. Shailendra Sawant	Director
Mr. Vishnu Pratap Singh	Independent Director
Ms. Sanvedi Parag Rane	Independent Woman Director

FAQ

What is the intrinsic value of Hanman Fit Ltd and is it undervalued?

As of 11 April 2026, Hanman Fit Ltd's intrinsic value is ₹3.14, which is 21.50% lower than the current market price of ₹4.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (27.4 %), book value (₹1.58), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Hanman Fit Ltd?

Hanman Fit Ltd is trading at ₹4.00 as of 11 April 2026, with a FY2026-2027 high of ₹6.60 and low of ₹3.08. The stock is currently in the middle of its 52-week range. Market cap stands at ₹4.20 Cr..

How does Hanman Fit Ltd's P/E ratio compare to its industry?

Hanman Fit Ltd has a P/E ratio of , which is below the industry average of 33.47. This is broadly in line with or below the industry average.

Is Hanman Fit Ltd financially healthy?

Key indicators for Hanman Fit Ltd: ROCE of 23.5 % indicates efficient capital utilization; ROE of 27.4 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Hanman Fit Ltd profitable and how is the profit trend?

Hanman Fit Ltd reported a net profit of ₹-1 Cr in Mar 2025 on revenue of ₹0 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows a mixed trend.

Does Hanman Fit Ltd pay dividends?

Hanman Fit Ltd has a dividend yield of 0.00 % at the current price of ₹4.00. The company is currently not paying meaningful dividends.