Elpro Internatio (504000)
CyclicalFairStock Score: 60/100 — STEADY
Score breakdown: P/E: 3/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹96.2 |
| Market Cap | ₹1,630.39 Cr |
| P/E Ratio | 7.72 |
| ROCE | 5.24% |
| ROE | 1.36% |
| Dividend Yield | 0.82% |
| Profit Growth | 546.03% |
| Debt/Equity | — |
| Sales Growth | 2,825.9% |
| 52-Week Range | ₹71.2 — ₹178 |
| Sector | Realty |
| Book Value | ₹115 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
Putting Elpro on my desk gives me two very different pictures. One glance: price ₹96.20 against book value ₹115, P/E 7.72, and Piotroski score 7/9. That looks like a bargain-priced, financially improving enterprise. The other glance: ROE 1.36%, ROCE 5.24%. The book is earning almost nothing. As Graham taught, assets can be worth more in liquidation than in continued operation, but I am buying earning power, not just a balance sheet. The 2,826% sales growth and 546% profit growth may excite many buyers, but those numbers are meaningless if they are a one-time project completion. A quarterly net profit of ₹94 crore on sales of ₹189 crore is a 49.7% margin—that is not a recurring margin in property development; it smells like revenue recognition and pending project handovers. The P/E of 7.72 and PEG near zero are statistical illusions if the denominator is a cyclical peak. For a property company, the right price is tied to net asset value and the ability to convert land into cash at realistic prices. At 0.84 times book, an investor gets a margin of safety if the stated book is true and productive. But with such low return on equity, I have to wonder whether the book is earning-capable or dormant stock. Dividend yield 0.82% means I am not being paid while I wait. I cannot classify this as a wonderful compounding machine. It is a cyclical asset play in an uncertain real estate cycle, with a strong F-score hinting that balance sheet stress is not the immediate issue. I would not buy merely because of the low P/E; I need proof that recent earnings repeat and that capital is being deployed at acceptable returns.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer