Newspaper Publication of Special Window for Transfer and Dematerialisation of Physical Securities
Ask the chart: “Has this stock recovered from similar drawdowns before?”
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Latest filings
NSE announcements · newest firstKey MetricsFull financials →
P/E (TTM)
219.6×
EPS ₹1.37
P / Book
3.99×
BVPS ₹76
ROE
5.7%
FY26, avg equity
Net margin
9.6%
FY26
Revenue YoY
−27.1%
Q1 FY27
Net profit YoY
−80.8%
Q1 FY27
Debt / equity
0.01×
₹2 Cr debt
Div. yield
–
no dividend in 12 months
From NSE filings (consolidated) and the last close.
Shareholding Pattern Jun 2026
No promoter group: fully public shareholding
Peer Comparison
| Company | P/E | P/B | ROE | Margin |
|---|---|---|---|---|
| KISSHT₹4,138 Cr | – | 3.08× | 21.0% | 12.9% |
| GYFTR₹1,297 Cr | – | – | – | – |
| CENTRUM₹1,034 Cr | – | 3.32× | -95.2% | -7.5% |
| PRIMESECU₹1,023 Cr | 219.6× | 3.99× | 5.7% | 9.6% |
| WEALTH₹890 Cr | 27.2× | 5.91× | 27.4% | 56.0% |
| THEINVEST₹490 Cr | 13.3× | 0.67× | 4.8% | 12.2% |
Other Financial Services: the companies closest in market value, of the 14 in that basic industry whose filings we hold. Computed from each company's NSE filings (up to Q1 FY27) and the last close; hover a column for its definition.
Forensic Flags3 Watch
Operating cash flow was 0.44× net profit
Cumulative over FY22–FY26 (5 years).
Exceptional items above 5% of pre-tax profit in 4 of the last 5 years
FY22–FY26.
Effective tax rate averaged 4%
Tax over pre-tax profit, last 3 years. The base corporate rate is about 25%.
Free cash flow was negative in 2 of the last 5 years
Operating cash flow less capital expenditure, as filed.
Other income is 19% of profit before tax
FY26.
Share count changed +4.8% in three years, net of bonuses and splits
From 2023-03-31 to 2026-03-31. Shares issued for mergers, placements, conversions and stock options all count.
No promoter group
The company is fully publicly held, so promoter holding and pledge checks do not apply.
5 checks within their thresholds
Receivables grew -33% against revenue growth of 54%
FY26: debtor days moved from 89 to 39.
Debt to equity is 0.01×
As at 2026-03-31; it was 0.00× at 2023-03-31.
Profit before interest and tax covers finance costs 8.6×
FY26.
No auditor change or resignation filings in three years
From NSE announcements on record.
Results were filed late in 0 of the last 8 quarters
Slowest filing came 59 days after the period end.
Computed from NSE filings (consolidated). Colours follow fixed thresholds, shown on hover. These are facts about the filings, not advice. 1 check not run for lack of data.
Formula Scores
Piotroski F-score: 2 of 9 · FY to 2026-03-31one point for each of nine tests on profitability, leverage and liquidity, and operating efficiency, comparing the year with the one before
- ✓ Return on assets positive: 5.71 — profit after tax over the year's opening total assets, %
- ✗ Operating cash flow positive: -2.1 — ₹ crore
- ✗ Cash flow above profit (accruals): -15.3 — operating cash flow less profit after tax, ₹ crore
- ✗ Return on assets improved: -15.94 — change in ROA, percentage points
- ✗ Long-term borrowings to assets fell: 0.52 — change in long-term borrowings over total assets, percentage points
- Current ratio improved — current assets or liabilities not broken out
- ✗ No new shares issued: 0.83 — change in share capital, %
- Gross margin improved — material cost not reported (a services company has none)
- ✓ Asset turnover improved: 0.09 — revenue over the year's opening total assets, change
Inputs: profit after tax ₹13 Cr (2026-03-31) · profit after tax ₹38 Cr (2025-03-31) · total assets ₹288 Cr (2026-03-31) · total assets ₹230 Cr (2025-03-31)
The paper's bands: 8–9: the paper's high group; 0–2: the paper's low group
7 of the nine tests could be run; the score counts the ones that passed
Source: Joseph Piotroski, "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers", Journal of Accounting Research, 2000
Altman Z-score: not computed · FY to 2026-03-31needs total and current assets, current liabilities, reserves, equity, profit before tax and revenue
Graham number: 80.53 ₹ per share · FY to 2026-03-31√(22.5 × earnings per share × book value per share): the price at which P/E × P/B = 22.5 (a P/E of 15 at a P/B of 1.5)
- earnings per share: 3.81
- book value per share: 75.65 — owners' equity over shares (paid-up capital / face value)
Inputs: earnings per share 3.81 (2026-03-31) · owners' equity ₹256 Cr (2026-03-31) · paid-up capital ₹17 Cr (2026-03-31) · face value 5 (2026-03-31)
a number the book uses as a ceiling for a defensive investor's purchase price; it is arithmetic on two reported figures, not a valuation
Source: Benjamin Graham, The Intelligent Investor (1949; the 22.5 in the 1973 edition's criteria for the defensive investor)
Sloan accrual ratio: 5.89 % of assets · FY to 2026-03-31(profit after tax − operating cash flow) / average total assets
Inputs: profit after tax ₹13 Cr (2026-03-31) · operating cash flow ₹-2 Cr (2026-03-31) · total assets ₹288 Cr (2026-03-31) · total assets ₹230 Cr (2025-03-31)
how much of the year's profit was not cash; the paper sorts companies by this and reports the top decile's later returns
Source: Richard Sloan, "Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?", The Accounting Review, 1996
Each score is its published formula applied to the company's own filings (consolidated); open one for the tests, the inputs and the paper. Arithmetic on the filings, not a view on the stock.