Yash Mgmt & Sat. (511601)

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

Key Financials

Strengths

• Price-to-book of 0.85 means the stock trades at a discount to book value of ₹15.43 per share.
• Piotroski F-Score of 5/9 suggests moderate financial health, not a deeply distressed balance sheet.
• Small market cap of ₹22 Cr makes it a potential overlooked special-situation candidate if operations stabilise.
• Latest quarterly sales of ₹8 Cr show the business still has some operating activity, rather than being a shell.

Concerns

• Negative ROE of -5.50% and ROCE of -6.49% indicate capital destruction, not wealth creation.
• Sales declined 4.48%, and the latest quarter reported net profit of essentially ₹0 Cr, so there is no real earnings engine.
• P/E of 0.00 and profit growth of 111.65% are misleading because the base is negligible or unprofitable.
• No dividend, no promoter holding disclosure, and no clarity on debt make this a low-transparency micro-cap.

AI Analysis

Let me begin with the most basic test: am I buying a good business at a reasonable price, or just a cheap pile of assets? Yash Mgmt & Sat. trades at ₹13.09 against a book value of ₹15.43, so the market is pricing it at roughly a 15% discount to accounting net worth. That catches any Graham-style investor's eye. But accounting book value is only worth something if the assets can earn; here ROE is -5.50% and ROCE is -6.49%. This company is not generating returns, it is destroying them. Sales fell 4.48%, and the latest quarter shows ₹8 Cr in revenue with net profit of essentially zero. The stated profit growth of 111.65% is an illusion from a negligible base. At a P/E of 0.00, there is no earnings yield to reward me while I wait. The Piotroski score of 5/9 suggests only passable financial health, not a screaming bargain. With no dividend, my only hope is either a rerating of the stock or an actual operating turnaround. The price is at the top of its 52-week range, so sentiment has already improved. In a trading and distribution business, there is little of the pricing power or moat Buffett seeks. If the negative return on equity persists, the book value cushion shrinks; what appears cheap today can become structurally impaired. I need clear evidence of improving capital allocation and sustainable profitability before considering this. For now, it is a possible asset play, but not a compounder. I would rather watch and wait.

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