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: -85.14%
• EPS Growth: -80.02%
• Country: CA
• Employees: 10
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.02
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: ―

The score is primarily held back by volatile fundamentals and weak recent cash flow despite strong margins and low leverage. Corporate updates are mixed—added financing flexibility and a potential asset-sale cash inflow offset by the recent earnings/book-value impact from rupee depreciation. Technical and valuation conviction is limited because key indicators and valuation metrics were not provided.

Positive Factors

Strategic Investments

Increasing the stake in Bangalore Airport enhances Fairfax India's influence in a key infrastructure asset, aligning with its strategy to bolster its investment portfolio in India.

Shareholder Confidence

The overwhelming support for the company's directors indicates strong shareholder confidence, which can reinforce strategic positioning and leadership stability in the investment sector.

Financial Stability

A strong balance sheet with no debt suggests financial stability and provides a solid foundation for future investments and growth opportunities.

Negative Factors

Negative Cash Flow

Negative cash flows indicate potential liquidity issues, which could impact the company's ability to sustain operations and fund future investments without external financing.

Revenue Instability

Significant volatility in revenue suggests instability in the company's income streams, which could affect long-term profitability and growth prospects.

Profitability Concerns

A negative net profit margin indicates the company is operating at a loss, raising concerns about its ability to achieve sustainable profitability in the future.

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	128.86M	59.65M	490.09M	234.97M	567.57M	-4.90M
Gross Profit	101.73M	34.65M	465.09M	209.97M	542.26M	-29.20M
EBITDA	94.68M	26.21M	451.90M	195.97M	533.53M	-38.98M
Net Income	34.33M	-41.17M	371.77M	191.44M	494.51M	-41.48M
Balance Sheet
Total Assets	3.77B	3.63B	3.82B	3.37B	3.58B	3.07B
Cash, Cash Equivalents and Short-Term Investments	14.79M	59.32M	174.62M	147.45M	30.38M	22.06M
Total Debt	577.74M	498.35M	497.83M	497.31M	496.79M	547.23M
Total Liabilities	838.77M	673.52M	736.76M	608.80M	681.91M	626.06M
Stockholders Equity	2.79B	2.83B	2.96B	2.64B	2.77B	2.45B
Cash Flow
Free Cash Flow	-19.01M	-103.44M	66.61M	152.34M	61.09M	10.89M
Operating Cash Flow	-19.01M	-103.44M	66.61M	152.34M	61.09M	10.89M
Investing Cash Flow	-61.23M	0.00	0.00	0.00	0.00	0.00
Financing Cash Flow	73.74M	-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
URB.A	82 Outperform	C$395.21M	4.07	20.07%	1.47%	-73.34%	40.59%
URB	81 Outperform	C$395.21M	4.33	20.24%	1.43%	-73.34%	40.59%
AGF.B	78 Outperform	C$1.06B	9.42	9.85%	3.01%	11.23%	30.44%
SEC	74 Outperform	C$965.10M	5.59	9.11%	―	22.33%	-25.06%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CVG	57 Neutral	C$1.02B	304.80	0.32%	0.14%	-44.78%	-95.84%
FIH.U	56 Neutral	―	―	1.97%	―	-85.14%	-80.02%

Fairfax India SV USF Corporate Events

Fairfax India Finalizes Sale of Saurashtra Stake

Fairfax India Holdings Corporation has completed the sale of its 51% equity interest in Saurashtra Freight Private Limited to Kamigumi Co., Ltd. for approximately US$75 million. This transaction signifies Fairfax India’s strategic move to divest from Saurashtra, potentially impacting its investment portfolio and aligning with its long-term capital appreciation goals.

Fairfax India Expands Credit Facility and Extends Maturity Date

Fairfax India Holdings Corporation has amended its credit agreement to increase its revolving credit facility from $175 million to $200 million, with an option for an additional $20 million increase. The maturity date has been extended to November 13, 2028, with an option for a further one-year extension. This amendment enhances the company’s financial flexibility, potentially strengthening its investment capabilities in Indian markets.

Fairfax India Holdings Reports Decline in Q3 Earnings Amid Currency Challenges

Fairfax India Holdings Corporation reported a significant decline in net earnings for the third quarter of 2025, with $3.2 million compared to $34.0 million in the same period of 2024. The decrease in book value per share by 3.3% was primarily due to unrealized foreign currency translation losses stemming from the depreciation of the Indian rupee against the U.S. dollar. Despite these challenges, the company remains financially robust, with significant cash reserves and marketable securities, and anticipates proceeds from the sale of its equity interest in Saurashtra Freight Private Limited.

Fairfax India Reports Decline in Q3 Earnings Amid Rupee Depreciation

Fairfax India Holdings Corporation reported a significant decline in net earnings for the third quarter of 2025, with a decrease from $34.0 million in 2024 to $3.2 million. This decline was primarily due to unrealized foreign currency translation losses caused by the depreciation of the Indian rupee against the U.S. dollar, which offset gains from investments. The company also announced the sale of its 51% equity interest in Saurashtra Freight Private Limited for approximately $75 million, expected to close in the fourth quarter of 2025. Despite the earnings drop, Fairfax India maintains strong financial health with substantial cash reserves and available credit.