CSLFINANCE
CSL Finance Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
CSLFINANCE
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹213 today
BEAR
₹277
+30%
8.7% a year · 6.7x exit
BASE
₹367
+72%
15% a year · 8.4x exit
BULL
₹607
+185%
20.4% a year · 13.3x exit
Where the market has priced it
6x6x today — outside the range17x
- the guided figure reached earnings through a low-confidence bridge
- multiple band rests on only 4 filed years
- at 6x its FY26 earnings the stock trades below the bottom of its own ten-year range (7x)
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹37.8 (screener) |
|---|---|
| Guided growth | 15% a year, said on the call of 02-Jun-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 6.74x / 8.44x / 13.33x, this company’s own p20 / median / p80 across 4 filed years |
| Filed-industry peers | median 11.27x across 9 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from a third-party research digest · not our own extraction
book growth 25%
Tejas Khandelwal: 15%-25% AUM growth?
Call 02-Jun-2026 · bridge confidence low · transcript PDF