Indergiri Finance Ltd: Intrinsic Value & Share Price Analysis

GETAKA RESEARCH Company fundamentals

The investment picture

Understand the business. Put the price in context.

Stored data · Not a live quote

Share price₹20.40Price record: 24 September 2026, 11:34 pm +05:30

Model valuation₹3.58Overvalued · 4 models

Return on capital0.96%ROCE · Latest stored basic data

Earnings multipleNot availableP/E · Compare with similar businesses

VALUATION CONTEXT

The model estimate is 82.5% below the stored share price. Strong operating metrics can still come at a demanding price.

Explore the models

LATEST QUARTER

Revenue

-59.4%

Dec 2025 vs Dec 2024

Reported revenue: ₹0 Cr

LATEST QUARTER

Net profit

-23.1%

Dec 2025 vs Dec 2024

Reported net profit: ₹0 Cr

EARNINGS CHECK

Profit into cash

Not available

Operating cash flow / net profit

Matched annual period: Mar 2025

For financial businesses, review asset quality and capital adequacy alongside cash flow.

WHAT TO WATCH

Check the latest filings, margin changes and cash generation before drawing conclusions from the headline score.

View financials

Reporting gap · Check newer company filings

Annual: Mar 2025 · Quarterly: Dec 2025 · Cash flow: Mar 2026. These sections refresh independently. A recent price update does not mean the financial statements are current.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

CONNECT THE NUMBERS

What the numbers reveal

Growth, cash and resilience — with the evidence behind each measure.

2 measures available

Financial business: industrial-company cash conversion, interest cover and borrowing ratios are omitted. Lending flows and capital requirements need sector-specific analysis.

Quarterly profit growth

-23.08%

Same quarter, prior year

Reported profit growth is shown without applying industrial-company margin or leverage thresholds to a financial business.

Dec 2025 vs Dec 2024

Calculation & source

(Current net profit ÷ prior-year net profit − 1) × 100.

₹0.10 Cr vs ₹0.13 Cr.

View source table

Revenue momentum gap

-32.05pp

Latest quarter -59.4% · trailing year -27.4%

The latest quarter grew more slowly than the four-quarter trend. This comparison describes momentum; it does not predict the next quarter.

Eight consecutive quarters ending Dec 2025

Calculation & source

Latest-quarter revenue YoY growth minus revenue growth of the latest four quarters against the preceding four.

Latest quarter: ₹0.28 Cr vs ₹0.69 Cr. Four-quarter totals: ₹1.38 Cr vs ₹1.90 Cr.

View source table

The earnings-growth scenario needs a positive, usable P/E. It is not shown for missing or loss-based P/E figures.

Periods are matched within each calculation; different measures may use different reporting dates. Derived from the stored tables, not live filings. Check the source reporting basis before comparing companies. About ratio analysis.

Valuation models

₹10.45Overvalued · Model 48.77% below pricevs CMP ₹20.40

P/E (15.0) × ROE (66.7%) × BV (₹1.28) × 0.8 × (1 + dividend yield 2.00%)

Defaults: P/E=15

₹3.58Overvalued · Model 82.45% below pricevs CMP ₹20.40

Margin of safety: -469.8% (Negative)Model agreement score: 55/100 (Moderate)Models: All 4: Overvalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹7.12	40%	Over (-65.1%)
Net Asset Value	Assets	₹2.73	24%	Over (-86.6%)
EV/EBITDA	Enterprise	₹0.24	20%	Over (-98.8%)
ROCE Capital	Returns	₹0.15	16%	Over (-99.3%)
Consensus (4 models)		₹3.58	100%	Overvalued

Key Drivers: EPS CAGR -31.9% drags value — could be higher if earnings stabilize. | Wide model spread (₹0–₹7) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -31.9% · Defaults: P/E=15

Margin of safety = (model value − price) ÷ model value. The agreement score is a heuristic based on model count, direction and spread; it is not a probability of accuracy. These models are estimates, not price targets.

Estimates depend on assumptions. Compare the model range and verify fresh filings.

Analysis summary

Data coverage: Price-data record updated 24 September 2026, 11:34 pm +05:30. Annual results through Mar 2025; quarterly results through Dec 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

Operating performance

Revenue for Mar 2025 was ₹2.23 Cr, versus ₹0.80 Cr in Mar 2024 (178.7% year on year). Net profit for Mar 2025 was ₹-1.57 Cr, versus ₹-0.65 Cr in Mar 2024. These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹-12.72 Cr against net profit of ₹-1.57 Cr.A cash-to-profit ratio is not meaningful with zero or negative profit. For financial businesses, lending and investment movements can dominate operating cash flow; also examine asset quality, capital adequacy and the business mix.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Business quality

Indergiri Finance Ltd scores 48/100 (Average)

Fundamental screening score · A strong business is not automatically an attractively priced stock.

Data coverage: 5/5 dimensions. Financial reporting periods vary by section.

Stock Health41/100 · Moderate

ROCE 1.0% WeakROE 66.7% ExcellentD/E 6.40 High debtInterest Coverage -1.8x RiskyProfitable 2/5 available years Reported history

Ownership Trends50/100 · Moderate

Promoter holding at 60.6% Stable

Earnings Quality60/100 · Moderate

Working capital: -80 days (improving) Efficient

Quarterly Momentum40/100 · Moderate

Profit (4Q): -6,300% YoY Declining

Peer Comparison50/100 · Moderate

ROCE 1.0% vs industry 17.3% Below peersROE 66.7% vs industry 13.0% Above peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Peer Comparison 15% · Ownership Trends 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing dimensions are excluded and the remaining weights are rescaled. At least three dimensions are required for an overall score. Holding movements describe ownership shares, not proven trading flows. Broad industry groups and financial-sector accounting can limit comparability.

Share Price and Basic Stock Data

Last Updated: September 24, 2026, 11:34 pm

Market Cap	10.3 Cr.
Current Price	20.4
Intrinsic Value	₹3.58
High / Low	36.6/15.4
Stock P/E
Book Value	1.28
Dividend Yield	0.00 %
ROCE	0.96 %
ROE	66.7 %
Face Value	10.0
PEG Ratio	0.00

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Indergiri 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	66.0 Cr.	1.32	1.54/0.91		0.19	0.00 %	6.31 %	14.3 %	1.00
Money Masters Leasing & Finance Ltd	7.33 Cr.	0.73	1.45/0.55	13.6	1.34	0.00 %	3.42 %	2.71 %	1.00
Moneyboxx Finance Ltd	357 Cr.	51.2	99.5/35.5	273	42.4	0.00 %	9.10 %	0.48 %	10.0
Moongipa Capital Finance Ltd	19.0 Cr.	20.7	23.0/12.0	31.1	25.7	0.00 %	4.97 %	3.14 %	10.0
Morarka Finance Ltd	28.1 Cr.	62.4	113/42.1	16.8	257	2.41 %	1.58 %	1.35 %	10.0
Industry Average	28,307.64 Cr	402.28		39.66	561.16	0.30%	17.27%	12.97%	8.43

All Competitor Stocks of Indergiri Finance Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	0.41	0.16	0.13	0.17	0.22	0.27	0.41	0.53	0.69	0.59	0.33	0.18	0.28
Interest	0.02	0.00	0.00	0.23	0.05	0.07	0.14	0.19	0.21	0.21	0.36	0.44	0.25
Expenses	0.11	0.35	0.24	0.11	0.64	0.09	0.51	0.46	0.36	2.37	0.30	1.25	1.46
Financing Profit	0.28	-0.19	-0.11	-0.17	-0.47	0.11	-0.24	-0.12	0.12	-1.99	-0.33	-1.51	-1.43
Financing Margin %	68.29%	-118.75%	-84.62%	-100.00%	-213.64%	40.74%	-58.54%	-22.64%	17.39%	-337.29%	-100.00%	-838.89%	-510.71%
Other Income	0.05	0.03	0.00	0.03	0.01	-0.02	0.13	0.09	0.01	-0.08	0.00	0.01	1.27
Depreciation	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
Profit before tax	0.33	-0.16	-0.11	-0.14	-0.46	0.09	-0.11	-0.03	0.13	-2.07	-0.33	-1.50	-0.16
Tax %	15.15%	-25.00%	0.00%	0.00%	0.00%	22.22%	0.00%	33.33%	-7.69%	-25.12%	0.00%	-13.33%	-162.50%
Net Profit	0.28	-0.12	-0.11	-0.14	-0.46	0.07	-0.11	-0.04	0.13	-1.55	-0.34	-1.31	0.10
EPS in Rs	0.55	-0.24	-0.22	-0.28	-0.91	0.14	-0.22	-0.08	0.26	-3.06	-0.67	-2.59	0.20
Gross NPA %
Net NPA %

Last Updated: March 3, 2026, 9:04 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 18, 2026, 11:33 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
Revenue	0.69	0.67	0.97	0.41	0.45	0.45	0.41	0.38	0.37	0.79	0.80	2.23	1.38
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.12	0.75	1.26
Expenses	0.69	0.67	0.86	0.37	0.38	0.40	0.39	0.36	0.28	0.75	1.31	3.69	5.38
Financing Profit	0.00	0.00	0.11	0.04	0.07	0.05	0.02	0.02	0.09	0.04	-0.63	-2.21	-5.26
Financing Margin %	0.00%	0.00%	11.34%	9.76%	15.56%	11.11%	4.88%	5.26%	24.32%	5.06%	-78.75%	-99.10%	-381.16%
Other Income	0.00	0.02	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.00	0.01	0.13	1.20
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00
Profit before tax	0.00	0.02	0.11	0.04	0.07	0.05	0.02	0.04	0.09	0.04	-0.62	-2.09	-4.06
Tax %		50.00%	36.36%	25.00%	28.57%	20.00%	50.00%	0.00%	266.67%	75.00%	3.23%	-24.88%
Net Profit	0.00	0.02	0.08	0.03	0.05	0.03	0.01	0.03	-0.15	0.01	-0.65	-1.57	-3.10
EPS in Rs	0.00	0.04	0.16	0.06	0.10	0.06	0.02	0.06	-0.30	0.02	-1.28	-3.10	-6.12
Dividend Payout %		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 (%)	300.00%	-62.50%	66.67%	-40.00%	-66.67%	200.00%	-600.00%	106.67%	-6600.00%	-141.54%
Change in YoY Net Profit Growth (%)	0.00%	-362.50%	129.17%	-106.67%	-26.67%	266.67%	-800.00%	706.67%	-6706.67%	6458.46%

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

Growth

Compounded Sales Growth
10 Years:	13%
5 Years:	40%
3 Years:	82%
TTM:	100%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-181%

Stock Price CAGR
10 Years:	15%
5 Years:	37%
3 Years:	67%
1 Year:	-35%

Return on Equity
10 Years:	-4%
5 Years:	-10%
3 Years:	-17%
Last Year:	-44%

Last Updated: September 5, 2025, 3:46 pm

Balance Sheet

Last Updated: June 8, 2026, 6:00 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5.06	5.06	5.06	5.06	5.06	5.06	5.06	5.06	5.06	5.06	5.06	5.06
Reserves	-0.14	-0.06	-0.02	0.01	0.04	0.05	0.07	-0.08	-0.07	-0.73	-2.30	-3.68
Borrowing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.72	16.93	11.95
Other Liabilities	0.03	0.08	0.14	0.22	0.33	0.25	0.19	0.17	0.26	0.31	0.94	6.39
Total Liabilities	4.95	5.08	5.18	5.29	5.43	5.36	5.32	5.15	5.25	8.36	20.63	19.72
Fixed Assets	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00
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
Investments	0.02	0.02	0.02	0.02	0.02	0.02	0.62	0.62	0.01	0.01	0.01	0.01
Other Assets	4.93	5.06	5.16	5.26	5.40	5.33	4.69	4.52	5.23	8.34	20.61	19.71
Total Assets	4.95	5.08	5.18	5.29	5.43	5.36	5.32	5.15	5.25	8.36	20.63	19.72

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	0.35	-0.33	-0.06	0.00	-0.01	0.01	0.73	0.30	-0.30	-3.98	-12.72	0.96
Cash from Investing Activity +	-0.01	0.00	0.00	-0.02	0.00	0.00	-0.60	0.00	0.60	0.03	-0.03	0.00
Cash from Financing Activity +	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.62	12.48	-0.92
Net Cash Flow	0.34	-0.33	-0.06	-0.02	-0.01	0.01	0.13	0.30	0.30	-0.33	-0.27	0.04
Free Cash Flow	0.35	-0.33	-0.06	-0.02	-0.01	0.01	0.73	0.30	-0.31	-3.99	-12.72	0.96
CFO/OP		-264%	-125%	71%	60%	200%	3,800%	456%	-700%	780%	871%	-64%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
Period	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	0.35	-0.33	-0.06	-0.02	-0.01	0.01	0.73	0.30	-0.31	-3.99	-12.72	0.96

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

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	206.30	185.22	142.99	365.00	308.22	0.00	0.00	0.00	0.00	0.00	0.00	1.64
Inventory Days	179.06	37.24	24.75							0.00
Days Payable	0.00	0.00	0.00
Cash Conversion Cycle	385.36	222.47	167.74	365.00	308.22	0.00	0.00	0.00	0.00	0.00	0.00	1.64
Working Capital Days	2,528.55	2,342.54	1,821.24	4,388.90	535.33	162.22	160.24	144.08	118.38	-60.06	36.50	-80.20
ROCE %	0.00%	0.41%	2.22%	0.80%	1.38%	0.98%	0.39%	0.78%	1.78%	0.80%	-7.67%	-9.66%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	60.21%	60.21%	60.11%	60.11%	60.11%	60.11%	60.11%	60.11%	60.22%	60.22%	60.22%	60.56%
Public	39.79%	39.79%	39.89%	39.89%	39.89%	39.88%	39.89%	39.89%	39.79%	39.79%	39.78%	39.45%
No. of Shareholders	1,426	1,538	1,613	1,649	1,747	1,760	1,741	1,750	1,770	1,798	1,801	1,795

Shareholding Pattern Chart

No. of Shareholders

Indergiri Finance 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.)	-3.11	-1.28	0.02	-0.30	0.05
Diluted EPS (Rs.)	-3.11	-1.28	0.02	-0.30	0.05
Cash EPS (Rs.)	-3.09	-1.27	0.02	-0.29	0.05
Book Value[Excl.RevalReserv]/Share (Rs.)	5.45	8.55	9.87	9.85	10.15
Book Value[Incl.RevalReserv]/Share (Rs.)	5.45	8.55	9.87	9.85	10.15
Revenue From Operations / Share (Rs.)	4.40	1.56	1.40	0.72	0.75
PBDIT / Share (Rs.)	-2.64	-0.98	0.08	0.18	0.07
PBIT / Share (Rs.)	-2.65	-0.99	0.07	0.17	0.06
PBT / Share (Rs.)	-4.13	-1.24	0.07	0.17	0.06
Net Profit / Share (Rs.)	-3.11	-1.28	0.01	-0.29	0.04
PBDIT Margin (%)	-59.94	-63.29	5.82	25.07	9.49
PBIT Margin (%)	-60.25	-63.79	5.22	24.50	8.93
PBT Margin (%)	-93.87	-79.45	5.22	24.50	8.93
Net Profit Margin (%)	-70.63	-82.09	1.37	-40.93	6.65
Return on Networth / Equity (%)	-57.05	-14.94	0.19	-3.02	0.49
Return on Capital Employeed (%)	-48.31	-11.43	0.73	1.81	0.66
Return On Assets (%)	-7.62	-7.73	0.18	-2.98	0.48
Total Debt / Equity (X)	6.40	0.88	0.00	0.00	0.00
Asset Turnover Ratio (%)	0.15	0.11	0.13	0.07	0.07
Current Ratio (X)	1.12	2.10	20.60	72.35	72.07
Quick Ratio (X)	1.12	2.10	20.59	71.49	71.27
Inventory Turnover Ratio (X)	0.00	918.66	0.00	0.00	0.00
Interest Coverage Ratio (X)	-1.78	-4.04	0.00	0.00	0.00
Interest Coverage Ratio (Post Tax) (X)	-1.10	-4.24	0.00	0.00	0.00
Enterprise Value (Cr.)	30.74	31.49	2.54	1.23	1.37
EV / Net Operating Revenue (X)	13.80	39.95	3.60	3.34	3.59
EV / EBITDA (X)	-23.03	-63.12	61.85	13.31	37.83
MarketCap / Net Operating Revenue (X)	5.95	35.62	4.67	4.57	3.99
Price / BV (X)	4.81	6.49	0.66	0.33	0.29
Price / Net Operating Revenue (X)	5.95	35.63	4.67	4.57	3.99
EarningsYield	-0.11	-0.02	0.00	-0.08	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of Indergiri Finance Ltd and is it undervalued?

Indergiri Finance Ltd: the stored intrinsic value estimate is ₹3.58, compared with a stored share price of ₹20.40. The model value is 82.5% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for Indergiri Finance Ltd?

The stored share price is ₹20.40. Price-data record updated: 24 September 2026, 11:34 pm +05:30. This is not a live quote. The stored 52-week high / low is 36.6/15.4; this is a rolling range, not a financial-year range.

How have Indergiri Finance Ltd's revenue and profit changed?

Does Indergiri Finance Ltd's profit convert into cash?

What could change Indergiri Finance Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.