Inter Globe Fin (511391)

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

Key Financials

Strengths

• Trades below book value: P/B 0.95, price ₹85.55 versus book value ₹90.00, providing a basic margin of safety.
• Piotroski F-score of 6/9 suggests moderate historical financial health rather than broad-based deterioration.
• Reported profit growth of 66.48% hints at possible earnings recovery, though from a very weak base.
• Latest quarter sales of ₹30 Cr against a ₹77 Cr market cap gives some revenue scale if the business can stabilize.

Concerns

• Latest quarter net loss of ₹2 Cr and ROE of only 0.50% show very weak current earning power.
• Sales growth of -73.53% signals severe business shrinkage, not a healthy operating franchise.
• P/E of 132.25 with zero dividend yield offers no earnings yield or income support to compensate for risk.
• D/E and promoter holding are N/A, leaving critical transparency gaps for an NBFC.

AI Analysis

What am I buying here? Inter Globe Fin is a tiny NBFC with a market cap of ₹77 crore, yet the market wants me to pay 132 times reported earnings. In Graham's language, that is not an investment; it is a speculation on a number. The latest quarter shows sales of ₹30 crore and a net loss of ₹2 crore. A company that loses money in the latest quarter while reporting 66.48% profit growth is telling me the growth comes from a low or distorted base, not from durable earning power. The one interesting thing is the balance sheet: book value is ₹90 per share and the stock trades at ₹85.55, so P/B is 0.95. I am being paid to wait? No—dividend yield is zero, and I cannot wait indefinitely on asset value when the business earns an ROE of only 0.50% and an ROCE of 4.81%. For an NBFC, leverage is everything, but D/E is not available. Promoter holding is also not available. In investing, what you don't know can hurt you. Sales growth is minus 73.53%. That is not a temporary storm; it is a shrinking financial business. The Piotroski F-score is 6/9, which gives some comfort that the company is not falling apart on every measure, but a 6 does not make up for a negative quarter and a broken growth profile. I would call this an asset play, not a franchise. It is available at a small discount to stated book, but only if that book value is real and conservatively valued. If the loss widens or asset quality deteriorates, that ₹90 book value will be marked down. I would keep it on a watch list, not in my portfolio.

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