Prag Bosimi Syn. (500192)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹3.03 |
| Market Cap | ₹24.17 Cr |
| P/E Ratio | 0 |
| ROCE | -3.42% |
| ROE | 2,240.77% |
| Dividend Yield | 0% |
| Profit Growth | 28.21% |
| Debt/Equity | — |
| Sales Growth | -25.37% |
| 52-Week Range | ₹1.41 — ₹3.03 |
| Sector | Textiles & Apparels |
Strengths
- Piotroski F-Score of 5/9 suggests the company is not in a full-blown financial collapse; some metrics are not deteriorating.
- Profit growth of 28.21% indicates the net loss has narrowed compared with the prior period.
- The stock has moved from its 52-week low of ₹1.41 to ₹3.03, reflecting some market interest in a possible turnaround.
- With a market cap of only ₹24 Cr, a genuine revival could offer meaningful upside, though it is highly speculative.
Concerns
- Latest quarter net loss of ₹2 Cr is twice the reported sales of ₹1 Cr, indicating severe operational distress.
- Sales are shrinking at -25.37% and ROCE is negative at -3.42%, meaning operations are destroying value.
- P/E of 0.00 and N/A book value, debt/equity and promoter holding make valuation and governance impossible to assess.
- No dividend and insufficient fundamental data leave no margin of safety despite the stock trading near its 52-week high.
AI Analysis
Let me start with what I actually know. This is a ₹24 crore microcap textile business, trading at ₹3.03, near its 52-week high. In the latest quarter, sales were ₹1 crore and the net profit was minus ₹2 crore — meaning the company lost twice the revenue it collected. ROCE is negative at -3.42%, so the capital employed is not earning an acceptable return. The reported ROE of 2240% looks extraordinary, but in Graham's world that is not a sign of quality; it usually means the equity base is tiny or distorted. With Book Value and Debt/Equity both N/A, I cannot trust the balance-sheet picture at all. The 28.21% profit growth is interesting, but given a loss-making base, it simply means losses were smaller than before — not that a durable franchise has appeared. Sales declined 25.37%, which tells me demand or pricing is eroding. There is no dividend, no promoter holding data, and the Piotroski F-Score is only 5/9, which is neither a pass nor a disaster. FairStock Score says insufficient data, and I agree. A P/E of 0.00 is not 'cheap'; it is a warning that current earnings are negative. Textiles are competitive and cyclical, and this small player lacks scale and pricing power. The stock price may be near its high because some investors are betting on a turnaround, but I need evidence: improving quarterly sales, positive operating profit, a clean balance sheet, and honest disclosure. Without those, this is a lottery ticket, not an investment. I would rather wait for a wonderful business at a fair price than gamble on an unclear situation. I pass.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer