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CGCL - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.9

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.9

Stock Code CGCL Market Cap 16,252 Cr. Current Price 169 ₹ High / Low 232 ₹
Stock P/E 21.9 Book Value 65.3 ₹ Dividend Yield 0.12 % ROCE 11.4 %
ROE 11.0 % Face Value 1.00 ₹ DMA 50 172 ₹ DMA 200 180 ₹
Chg in FII Hold -0.33 % Chg in DII Hold -0.18 % PAT Qtr 221 Cr. PAT Prev Qtr 212 Cr.
RSI 52.2 MACD -0.94 Volume 4,13,635 Avg Vol 1Wk 24,61,764
Low price 151 ₹ High price 232 ₹ PEG Ratio 0.60 Debt to equity 1.99
52w Index 22.8 % Qtr Profit Var 104 % EPS 7.97 ₹ Industry PE 17.2

📊 Financial Overview

  • Revenue & Profitability: Quarterly PAT improved from 212 Cr. to 221 Cr., showing steady growth. EPS at 7.97 ₹ is modest compared to peers.
  • Margins & Returns: ROE at 11.0% and ROCE at 11.4% are moderate, reflecting average efficiency and shareholder returns.
  • Debt Profile: Debt-to-equity ratio of 1.99 indicates moderate leverage, manageable but worth monitoring.
  • Cash Flow: Profit growth supports cash generation, though scale and efficiency improvements are needed.

💹 Valuation Indicators

  • P/E Ratio: 21.9 vs Industry PE of 17.2 → slightly overvalued relative to peers.
  • P/B Ratio: Current Price 169 ₹ vs Book Value 65.3 ₹ → P/B ~2.59, somewhat expensive.
  • PEG Ratio: 0.60 → indicates fair valuation given growth prospects.
  • Intrinsic Value: Trading above intrinsic value, suggesting limited near-term upside.

🏢 Business Model & Competitive Advantage

  • CGCL operates in financial services, focusing on lending and credit solutions.
  • Moderate leverage and consistent profitability provide stability.
  • Competitive advantage lies in niche lending focus, though efficiency metrics are average.

📈 Technical & Entry Zone

  • Stock trading at 169 ₹, near 50 DMA (172 ₹) and below 200 DMA (180 ₹).
  • RSI at 52.2 indicates neutral momentum; MACD slightly negative suggests mild short-term weakness.
  • Entry Zone: Attractive between 160–165 ₹ for accumulation, with cautious long-term holding.

✅ Positive

  • Consistent profit growth with quarterly PAT improvement.
  • PEG ratio of 0.60 indicates fair valuation relative to growth.
  • Moderate leverage compared to peers in financial services.

⚠️ Limitation

  • ROE and ROCE are modest, reflecting average efficiency.
  • P/E and P/B ratios suggest overvaluation compared to industry benchmarks.

📉 Company Negative News

  • No major recent negative news, but slight reduction in FII (-0.33%) and DII (-0.18%) holdings indicates cautious sentiment.

📈 Company Positive News

  • Quarterly profit growth of 104% highlights strong operational performance.
  • Stable financial structure with manageable debt-to-equity ratio.

🏭 Industry

  • Financial services sector benefits from credit demand and economic expansion.
  • Industry PE at 17.2 indicates moderate valuations.
  • Competition from larger NBFCs and banks remains a challenge.

🔮 Conclusion

  • CGCL shows steady fundamentals with moderate profitability and manageable leverage.
  • Valuation appears slightly stretched, limiting near-term upside.
  • Recommendation: Accumulate in the 160–165 ₹ range for cautious long-term holding, focusing on gradual growth in financial services demand.

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