Harig Crankshaft (500178)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹781.27 |
| Market Cap | ₹7.15 Cr |
| P/E Ratio | 0 |
| ROCE | 0% |
| ROE | 8.44% |
| Dividend Yield | 0% |
| Profit Growth | 259.55% |
| Debt/Equity | — |
| Sales Growth | 0% |
| 52-Week Range | ₹3.64 — ₹781.27 |
| Sector | Auto Components |
Strengths
- Latest quarter net profit of ₹4 Cr on sales of ₹6 Cr implies a very high margin, if sustainable.
- Reported profit growth of 259.55% shows an improving bottom line versus the prior period.
- Piotroski F-Score of 5/9 suggests moderate financial health, not outright distress.
- Tiny market cap of ₹7 Cr leaves room for growth if the earnings are genuine and repeatable.
Concerns
- P/E of 0.00 and ROCE of 0.00% indicate unreliable or absent operating earnings and capital returns.
- Sales growth of 0.00% means the profit surge is not supported by top-line expansion—likely one-off or non-operating.
- 52-week range of ₹2.38 to ₹781.27 signals extreme speculation, illiquidity, and possible price manipulation.
- No promoter holding, book value, or debt/equity data creates a serious lack of transparency for a value investor.
AI Analysis
Let me start with what I don't know: there is no book value, no promoter holding, no debt-to-equity figure, and no credible P/E or ROCE. In Graham's language, that is not an opportunity; it is a mystery. This is a ₹7 crore market cap auto component stock with sales growth of 0.00%. Yet the latest quarter shows ₹6 crore sales and ₹4 crore net profit. A 67% net margin is extraordinary for auto components—I would immediately suspect an exceptional item, prior-period credit, or a one-off gain, not durable earning power. Profit growth of 259.55% means little when the base is minuscule and revenue is not expanding. The 52-week range of ₹2.38 to ₹781.27 screams mania, not value. Mr. Market has priced this stock as if the recent quarter will repeat forever. At ₹781 per share and a ₹7 crore market cap, the entire company is being valued at less than two quarters of reported profits—that is either a huge bargain or a data trap. With ROE just 8.44%, ROCE 0.00%, and zero dividend, the underlying business is not generating a strong, verifiable return on capital. The Piotroski score of 5/9 offers some mild comfort, but not enough. I need years of consistent earnings, a strong balance sheet, and an honest management with skin in the game. This has none of those visible. I would rather miss this move than buy something I cannot understand. In investing, a camel is a horse designed by committee; this looks more like a lottery ticket.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer