KSOLVES
Ksolves India Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
KSOLVES
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹282 today
BEAR
₹289
+3%
1.8% a year · 20.4x exit
BASE
₹435
+54%
3.1% a year · 30.2x exit
BULL
₹776
+176%
4.3% a year · 53.3x exit
Where the market has priced it
2x20x today326x
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 21 Packaged Software peers
- at 20x its FY26 earnings the stock trades below the bottom of its own ten-year range (20x)
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹13.95 (screener) |
|---|---|
| Guided growth | 3.1% a year, said on the call of 22-Jul-2026 · transcript |
| Read across as | operating: revenue growth x margin change — high 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 | 20.35x / 30.2x / 53.33x, this company’s own p20 / median / p80 across 21 filed years |
| Filed-industry peers | median 30.2x across 21 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
margin 30%
Not this year, but after this year, FY26-27, we would again like to maintain 20% minimum growth, with a 30% margin.
Call 22-Jul-2026 · bridge confidence high · transcript PDF