Fairfax India SV USF (FIH.U) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: -86.51%
• EPS Growth: -74.95%
• Country: CA
• Employees: 10
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 2.04
• Shares Outstanding: N/A
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 0.47
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 62.46
• P/FCF Ratio: -20.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: ―

Fairfax India Holdings Corporation shows a strong strategic position with significant shareholder support and major investments. Despite financial performance challenges such as negative cash flows and inconsistent revenue, the company's robust corporate events and strategic expansions in key infrastructure assets bolster its market standing.

Fairfax India SV USF Business Overview & Revenue Model

Company Description

Fairfax India Holdings Corporation, an investment holding company, engages in the investment activities in India. It invests in public and private equity securities and debt instruments in India and Indian businesses, or other businesses with customers, suppliers, or business primarily conducted in, or dependent on, India. The company was incorporated in 2014 and is headquartered in Toronto, Canada. Fairfax India Holdings Corporation operates as a subsidiary of Fairfax Financial Holdings Limited.

How the Company Makes Money

Fairfax India makes money through capital appreciation and income generation from its investment portfolio. The company invests in a diverse range of Indian businesses, gaining profits primarily from the appreciation of its equity stakes and dividends received. Additionally, Fairfax India may earn interest income from its debt investments. The company's strategy is to leverage its deep understanding of the Indian market and its strong network of local partners to identify and nurture high-potential investment opportunities, thereby generating substantial returns for its investors.

Fairfax India SV USF Financial Statement Overview

Summary

Fairfax India SV USF presents a mixed financial picture. The balance sheet shows strong equity and no debt, suggesting financial stability. However, the income statement and cash flow statement reveal concerns about profitability and liquidity, with recent losses and negative cash flows affecting the overall financial health. Strategic improvements in revenue generation and cash management are necessary to enhance future performance.

Income Statement

The company's income statement reveals significant volatility in revenue and profitability. A sharp decline in total revenue from 2023 to 2024 suggests instability. The net profit margin is negative for 2024, indicating a loss, which raises concerns about profitability. Historical revenue growth has been inconsistent, with both gains and losses over the years.

Balance Sheet

The balance sheet is relatively strong with zero total debt in 2024 and a high equity ratio, reflecting a stable financial position. There is a consistent increase in stockholders' equity over the years. However, the absence of debt can also imply limited leverage for growth opportunities.

Cash Flow

Cash flow analysis indicates significant challenges, with negative operating and free cash flows in 2024. This trend signals potential liquidity issues and an inability to generate cash from operations, which could impact future sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	169.42M	34.65M	600.57M	209.97M	542.26M	-29.20M
Gross Profit	68.39M	34.65M	354.33M	209.97M	542.26M	-29.20M
EBITDA	165.96M	26.21M	0.00	-10.65M	-4.99M	-19.73M
Net Income	65.35M	-41.17M	371.77M	191.44M	494.51M	-41.48M
Balance Sheet
Total Assets	3.87B	3.63B	3.82B	3.37B	3.58B	3.07B
Cash, Cash Equivalents and Short-Term Investments	20.22M	59.32M	174.62M	147.45M	30.38M	22.06M
Total Debt	498.61M	498.35M	497.83M	497.31M	496.79M	547.23M
Total Liabilities	853.94M	673.52M	736.76M	608.80M	681.91M	626.06M
Stockholders Equity	2.89B	2.83B	2.96B	2.64B	2.77B	2.45B
Cash Flow
Free Cash Flow	-10.26M	-103.44M	66.61M	152.34M	61.09M	10.89M
Operating Cash Flow	-10.26M	-103.44M	66.61M	152.34M	61.09M	10.89M
Investing Cash Flow	22.70M	30.68M	0.00	0.00	0.00	0.00
Financing Cash Flow	-5.24M	-8.42M	-37.25M	-35.58M	-51.30M	-34.45M

Fairfax India SV USF Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AGF.B	79 Outperform	C$926.35M	8.24	9.85%	3.67%	11.23%	30.44%
CVG	77 Outperform	C$1.02B	8.50	9.77%	0.14%	132.11%	5511.22%
ONEX	77 Outperform	C$8.17B	11.61	6.19%	0.34%	-8.63%	-27.09%
FIH.U	74 Outperform	―	―	1.97%	―	-86.51%	-74.95%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
WED	61 Neutral	C$923.00M	12.73	-5.18%	―	469.58%	-150.58%
AIM	57 Neutral	C$287.75M	―	0.07%	―	12.18%	93.30%

Fairfax India SV USF Corporate Events

Fairfax India Reports Reduced Losses and Strategic Investments in Q1 2025

Fairfax India Holdings Corporation reported a net loss of $211.2 million for the first quarter of 2025, an improvement from the $293.5 million loss in the same period of 2024. The company’s book value per share decreased by 7.4% due to unrealized losses on publicly listed investments. Key activities included an additional investment in Bangalore International Airport Limited and an increased borrowing limit on its revolving credit facility. Despite the losses, the company maintains strong financial health with significant cash and marketable securities.

Spark’s Take on TSE:FIH.U Stock

According to Spark, TipRanks’ AI Analyst, TSE:FIH.U is a Outperform.

Fairfax India Holdings Corporation shows a strong strategic position with significant shareholder support and major investments. Despite financial performance challenges such as negative cash flows and inconsistent revenue, the company’s robust corporate events and strategic expansions in key infrastructure assets bolster its market standing.

To see Spark’s full report on TSE:FIH.U stock, click here.

Fairfax India Successfully Elects Directors with Strong Shareholder Support

Fairfax India Holdings Corporation announced the successful election of its eleven nominee directors during the Annual Shareholders’ Meeting held on April 9, 2025. The overwhelming support for the directors, with vote percentages mostly above 99%, reflects strong shareholder confidence in the company’s leadership, potentially reinforcing its strategic positioning in the investment sector focused on Indian markets.

Spark’s Take on TSE:FIH.U Stock

According to Spark, TipRanks’ AI Analyst, TSE:FIH.U is a Outperform.

Fairfax India’s overall stock score reflects strong corporate event strategies that enhance its strategic positioning, despite ongoing financial performance challenges. The robust balance sheet offsets some concerns, but profitability and liquidity issues remain significant.

To see Spark’s full report on TSE:FIH.U stock, click here.

Fairfax India Announces Hybrid Annual Shareholders’ Meeting

Fairfax India Holdings Corporation has announced details for its upcoming hybrid annual shareholders’ meeting, scheduled for April 9, 2025. The meeting will be held both in-person and virtually, featuring presentations by the company’s leadership and a Q&A session. This approach aims to enhance shareholder engagement and accessibility, reflecting the company’s commitment to transparency and stakeholder involvement.

Fairfax India Expands Stake in Bangalore Airport to 74%

Fairfax India Holdings Corporation has completed the acquisition of an additional 10% equity interest in Bangalore International Airport Limited (BIAL) for $255 million, increasing its total stake to 74%. This acquisition enhances Fairfax India’s influence over BIAL, which manages Kempegowda International Airport Bengaluru under a long-term concession agreement, reflecting Fairfax India’s strategic focus on key infrastructure assets in India to bolster its investment portfolio.

Fairfax India Enhances Credit Facility to Support Bangalore Airport Investment

Fairfax India Holdings Corporation has amended its credit agreement with a syndicate of lenders to enable the issuance of letters of credit and increase its revolving credit facility from $175 million to $250 million, which will be gradually reduced back to $175 million over 18 months. These amendments are intended to facilitate the company’s acquisition of an additional 10% equity interest in Bangalore International Airport Limited for $255 million, ensuring liquidity while meeting payment obligations through a structured installment plan.

Fairfax India Reports 2024 Financial Results and Strategic Investments

Fairfax India Holdings Corporation reported a net loss of $41.2 million for the fiscal year 2024, in contrast to a net gain in 2023. The decrease in the company’s book value per share was primarily due to foreign currency translation losses. Despite the net loss, the company realized significant investment gains, particularly from the sales of NSE and CSB Bank shares, and maintained strong financial health with considerable cash reserves and an undrawn credit facility. The company also made strategic investments in Global Aluminium Private Limited and increased its equity interest in BIAL, reflecting its commitment to expanding its portfolio in India.