INVICTA
Invicta Diagnostic Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
INVICTA
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹68 today
BEAR
₹134
+97%
17.3% a year · 29.3x exit
BASE
₹183
+168%
30% a year · 36x exit
BULL
₹281
+313%
40.8% a year · 51.1x exit
Where the market has priced it
23x17x today — outside the range54x
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 7 Medical/Nursing Services peers
- at 17x its FY26 earnings the stock trades below the bottom of its own ten-year range (29x)
- the range is unusually wide — read it as the span of management's own claim, not as a forecast
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹3.91 (screener) |
|---|---|
| Guided growth | 30% a year, said on the call of 25-May-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — medium 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 | 29.27x / 36x / 51.12x, this company’s own p20 / median / p80 across 7 filed years |
| Filed-industry peers | median 36x across 7 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 NSE earnings-call filings · extracted, not interpreted
generic growth 30%
From FY26 to FY27, 30% CAGR growth, we are targeting with this IPO money.
Call 25-May-2026 · bridge confidence medium · transcript PDF