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    Kandarp Digi Smart BPO Limited

    B2B verification and background-checking BPO for loan borrowers and insurance policyholders, operating across roughly 400 locations pan-India.

    Services
    Services

    Overview

    Price

    Market Cap

    ₹86 Cr

    Sector

    Services

    Services

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital11699999
    Reserves66289111121
    Borrowings23235444
    Other Liabilities379735710
    Total Liabilities1217192626293143
    AssetsFixed Assets00144545
    CWIP47788665
    Investments00000000
    Other Assets810101414192233
    Total Assets1217192626293143

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating112-3-4-11-2
    Cash from Investing-1-1-3-1-501-4
    Cash from Financing101492-17
    SummaryCapital Expenditure
    Free Cash Flow-1-1-1-5-7-11-2
    FCF Margin

    Valuation

    Assumptions

    Current — KANDARP
    Price
    ₹113
    EPS (TTM)
    ₹3.75
    PE (TTM)
    30.0
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (22.9×) and current (30.0×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹113
    vs
    Fair value · 15% return
    ₹60
    47%Overvalued

    At 10% growth and a 23× exit, ₹113 only delivers your return if you pay ₹60. The price is currently baking in 23% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 23×.

    YearGrowthEPS (₹)
    FY2710.0%4.13
    FY2810.0%4.54
    FY2910.0%4.99
    FY3010.0%5.49
    FY3110.0%6.04
    FY328.0% ·fade6.52
    FY336.0% ·fade6.91

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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