Tulive Developer (505285)

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

Key Financials

Strengths

• Book value per share of ₹220.65 provides some tangible asset baseline.
• Piotroski F-Score of 5/9 is moderate, not a severely distressed score.
• Price has cooled about 35% from the 52-week high of ₹1,258.50, reducing some speculative froth.
• Small market cap of ₹177 Cr means a genuine operational recovery could move the stock significantly.

Concerns

• Latest quarter sales are ₹0 Cr and net profit is near-zero/negative; ROE is -2.17% and ROCE is -2.74%.
• Price of ₹820.95 is 3.72 times book value of ₹220.65, leaving no margin of safety from assets.
• P/E is 0.00 and dividend yield is 0.00%; there is no current earnings or cash income to justify the price.
• Debt/Equity, promoter holding, and FairStock score are unavailable, so the risk of insufficient information is high.

AI Analysis

Let me begin with the one number that matters most: this company has no earnings. Latest quarter sales are ₹0 Cr, net profit is essentially ₹0 Cr (negative), and return on equity is -2.17%. Return on capital employed is -2.74%. In Graham's language, a business must first earn a return on the money it uses. Tulive Developer is not doing that. The 3.57% profit growth is meaningless because the base is a loss/near-zero profit. The P/E of 0.00 confirms there is no E to pay a price for. What about assets? Book value is ₹220.65 per share, but the market price is ₹820.95—3.72 times book. That is not a margin of safety; it is a rich premium for capital that is currently losing money. There is no dividend yield, so the shareholder gets no cash while waiting. I have no visibility into debt/equity ratio or promoter shareholding; even the FairStock score says insufficient data. Piotroski F-score of 5/9 is merely moderate, not a sign of hidden quality. Where is the moat? With zero sales, I cannot identify a franchise. Market cap of ₹177 Cr means Mr. Market is underwriting a future recovery or some unstated asset story. That may be a turnaround, but the figures today provide no support. Ben Graham taught: buy with a margin of safety, not hope. At ₹820.95, I see no earnings power, no cash income, and an asset backing less than one-third of the price. I would avoid this stock unless management demonstrates actual sales, positive returns, and a credible plan. In my portfolio, I need facts, not narratives.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer