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ITCONS E-Solutions Ltd (ITCONS) Fair Value & Analysis

Information Technology · IN · Market cap ₹2.6B (≈ $27.4M) · ISIN INE0O6A01019

What is ITCONS E-Solutions Ltd really worth?

IE ITCONS E-Solutions Ltd ITCONS · BSE
Price₹293.45
Fair Value₹88.40
Upside−69.9%
Quality34/100

Below-average quality, and trading another 232% above our fair value of ₹88.40.

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Risks

!Expensive Growth (revenue 3y +45.8 %/yr)
!Thin margins · 6.0% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (6/13)
!Narrow moat 36/100
!Evidence only medium, so the estimate is less certain
!Weak on dividend: 1 out of 100
Evidence: Medium Range ₹65.99 – ₹110.81

Fair value as of: Aug 27, 2026

From 14 valuation models · updated 9 days ago

Share price +5.8% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (₹110.81). The favourable scenario is already priced in.
  • Weak quality (34/100) and above fair value at the same time, the margin of safety is missing on both counts.

Price vs Fair Value (4 years)

₹736.77 ₹34.74 Fair Value ₹88.40 Mar 2023 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

42‑month range ₹34.74 – ₹736.77 · fair‑value band ₹65.99 – ₹110.81 · the ₹293.45 price screens above the ₹88.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

ITCONS E-Solutions Ltd (ITCONS) currently trades at ₹293.45, while our model-based Fair Value estimate is ₹88.40, implying the stock looks roughly 232.0% overvalued today. The Quality Score stands at 34/100 (below-average quality), in the Information Technology sector. Bull case: the Growth Earnings group reads highest at a median of ₹294.91 per share, and 1 of the 14 models we run sit above the ₹293.45 price. Bear case: the Asset-Based group reads lowest at ₹44.93, and 13 of the 14 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, ITCONS E-Solutions Ltd generated revenue of ₹877M at a net margin of 6.0%. Revenue grew 23.7% year over year. It earns a return on equity of 10.8%. Net debt stands at ₹13.3M. Fundamentals as of Aug 27, 2026

Our scenario range runs from ₹65.99 (bear case) to ₹110.81 (bull case); at ₹293.45, the current price sits above 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 53% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Information Technology peers we cover trades at −26% fair-value upside, at −70%, ITCONS screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹3.39 per share, which is 3.8 % 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
EPV best evidence ₹40.43 ₹46.52 ₹51.77 71
EV/EBITDA ₹80.95 ₹107.32 ₹133.69 67
ROIC Compounder ₹40.43 ₹46.52 ₹51.77 67
All 14 models by family
Earnings-Based
Graham-Dodd ₹39.68 ₹276.72 ₹388.34 59
Lynch FV ₹142.96 ₹204.23 ₹265.50 57
PEG = 1.0 ₹142.96 ₹204.23 ₹265.50 53
EPV best evidence ₹40.43 ₹46.52 ₹51.77 71
Multiples
P/E Multiple ₹122.54 ₹163.39 ₹204.23 63
P/S Multiple ₹74.40 ₹99.20 ₹124.00 58
P/B Multiple ₹74.40 ₹99.20 ₹124.00 55
EV/EBIT ₹98.54 ₹130.77 ₹163.00 66
EV/EBITDA ₹80.95 ₹107.32 ₹133.69 67
EV/Revenue ₹50.73 ₹71.68 ₹92.63 54
Asset-Based
NCAV (Graham) ₹33.53 ₹44.93 ₹67.07 54
Economic Profit
Residual Income ₹56.05 ₹60.51 ₹73.32 66
ROIC Compounder ₹40.43 ₹46.52 ₹51.77 67
Growth Earnings
Growth-Adj P/E ₹206.44 ₹294.91 ₹383.39 63

Widest divergence: Growth Earnings (₹294.91) versus Asset-Based (₹44.93). Highest evidence: EPV (71).

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Key figures & financial health

P/E ratio 36.5
P/S ratio 2.19 P/E × margin
EPS (TTM) ₹8.04 price ÷ EPS = P/E 36.5
Dividend yield 0.1% payout 1.9%
Net margin 6.0% FY2026
Return on equity 10.8% TTM
More key figures
Profitability
Return on assets (EBIT) 16.2% avg 5y
Operating margin 4.9% TTM
Growth
Revenue (TTM) ₹877M TTM
Revenue growth (YoY) +23.7% 3y avg +45.8%
EPS growth (YoY) +172%
Balance sheet & cash flow
Free cash flow −₹183M FY2026
Net debt ₹13.3M FY2026

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 38 · Market factors (momentum, volatility) 10

Profitability 51
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 24
Disciplined investing over empire-building
Low Volatility 4
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 0
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.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

ITCONS E-Solutions Ltd reported revenue of ₹877M in FY2026 versus ₹182M in FY2022, a compound +48.2%/yr. Reported net income was ₹52.6M in FY2026, compounding +42.1%/yr from FY2022.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹877M
Latest YoY
+56.7%
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.
+45.8%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years, EBIT basis) 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.
+9.2% (9.1 + 0.1)
Revenue +48.2%/yr
FY22 ₹182M
FY23 ₹283M
FY24 ₹285M
FY25 ₹560M
FY26 ₹877M
Net income +42.1%/yr
FY22 ₹12.9M
FY23 ₹17.3M
FY24 ₹19.1M
FY25 ₹32.5M
FY26 ₹52.6M

ITCONS screens 232% overvalued. Compare with 532755 →

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Cite: Fair Value Calculator (2026). "ITCONS E-Solutions Ltd Fair Value". https://www.fairvalue-calculator.com/stock/ITCONS

Peer Group

IT Services · 37 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 34 · Bottom 25%
Fair Value upside −70% · Below median
Return on equity (TTM) 11% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth 24% · Above median
Dividend yield (TTM) 0.1% · Below median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs IT Services median · lower = cheaper

P/E (TTM) 36.5× · Pricier than median
P/B 4.28× · Pricier than 75% of peers
P/S (TTM) 2.95× · Pricier than median
EV/EBITDA 48.7× · Pricier than 75% of peers

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
VALUE0 · sector 0
FUTURE100 · sector 0
PAST43 · sector 15
HEALTH100 · sector 100
DIVIDEND1 · sector 5

VALUE 0: the price sits above our fair-value range.

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 IT Services stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
532755 532755 ₹1,586 ₹922.45 −42%
CEINSYSTECH CEINSYSTECH ₹796.45 ₹586.06 −26%
BLUECLOUDS BLUECLOUDS ₹22.11 ₹16.20 −27%
DANLAW DANLAW ₹1,679 ₹1,322 −21%
ConnectM Technology Solutions, Inc CNTM $4.50 $7.60 +69%
SOFTSOL SOFTSOL ₹193.45 ₹69.00 −64%
ALPHALOGIC ALPHALOGIC ₹42.22 ₹13.55 −68%
CNINFOTECH CNINFOTECH ₹88.53 ₹138.32 +56%
Data Storage Corporation DTSTW $0.0771 $0.0776 +1%
CRESSAN CRESSAN ₹2.74 ₹0.8200 −70%

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Frequently asked questions

Is ITCONS E-Solutions Ltd (ITCONS) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of ₹88.40 versus a price of ₹293.45, about −70% upside (overvalued).
What is the fair value of ITCONS?
Our model-based fair value for ITCONS E-Solutions Ltd is ₹88.40 (as of Aug 27, 2026), built from audited fundamentals. The current price: ₹293.45.
What is the quality score of ITCONS?
ITCONS E-Solutions Ltd has a Quality Score of 34/100. 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 ITCONS E-Solutions Ltd (ITCONS)?
ITCONS E-Solutions Ltd reported trailing-twelve-month revenue of about ₹877M (latest available figure, as of Aug 27, 2026).
What is the net profit margin of ITCONS?
The net profit margin of ITCONS E-Solutions Ltd is about 6.0%, meaning it keeps roughly 6.0% of revenue as net income. Based on the latest reported figures.
Does ITCONS E-Solutions Ltd pay a dividend?
ITCONS E-Solutions Ltd currently shows a dividend yield of about 0.05% relative to its recent price (as of Aug 27, 2026).
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