Azad India (504731)

FairStock Score: 20/100 — RISKY

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I view Azad India through Graham’s margin-of-safety lens, and the numbers give me pause. Mr. Market wants ₹163.35 per share, valuing the whole company at ₹517 Cr. For that, I get book value of only ₹9.83, so P/B is 16.62. The P/E is 467.08—meaning I pay about ₹467 for each ₹1 of earnings. That is not a value price; it is a hope price. The business earns ROE of 2.19% and ROCE of -0.28%, so it is not even covering its capital costs. Sales growth is 0.00%, while profit growth is 386.96%. That profit jump likely comes off a tiny base, because the latest quarter shows only ₹29 Cr sales and ₹1 Cr net profit. A ₹1 Cr quarterly profit on a ₹517 Cr market cap gives little earnings yield. The Piotroski F-Score of 5/9 is middling, and the PEG of 1.21 only looks reasonable if that 386.96% profit growth is sustainable—something I cannot underwrite when sales are flat. Debt/equity and promoter holding are not available, so I cannot assess leverage or owner alignment. No dividend is paid. FairStock score of 20/100 labels it risky. In iron and steel products, I see no clear moat, no pricing power, and no evidence of durable high returns. The 52-week range of ₹75.15–₹176.80 shows the stock has run up, but speculation is not investing. I would require positive ROCE, growing sales, several years of stable profits, and a price closer to book value before calling this a bargain. Until then, I will keep it on the watchlist, not the portfolio.

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