National Securities Depository Ltd Fair Value
NSDL · Capital Markets · Current price ₹812.8
| Method | Fair value | Status |
|---|---|---|
| Excess-return (book value) | ₹143 | 17% ROE fading to 13% over ~10 yrs, on ₹119 book |
| Relative P/E | ₹860 | EPS × 45.3 peer-median P/E |
| Graham floor | — | Not meaningful for financials |
| Analyst target | — | No analyst coverage |
Is National Securities Depository Ltd undervalued?
DocStoX estimates the fair value of National Securities Depository Ltd at ₹339 per share, versus the current market price of ₹813. That puts the stock about -58.3% above our fair-value estimate, which we read as "Avoid". Our confidence in this estimate is low.
How this fair value is calculated
This estimate blends 2 independent methods: Excess-return (book value) (₹143), Relative P/E (₹860). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹143 (bear) to ₹339 (base) to ₹860 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
More on National Securities Depository Ltd
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.