Nettlinx (511658)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹103.5 |
| Market Cap | ₹250.23 Cr |
| P/E Ratio | 0 |
| ROCE | 19.53% |
| ROE | -7.45% |
| Dividend Yield | 0% |
| Profit Growth | -104.62% |
| Debt/Equity | — |
| Sales Growth | -45.87% |
| 52-Week Range | ₹13.75 — ₹103.5 |
| Sector | Telecom - Services |
| Book Value | ₹20.49 |
Strengths
- ROCE of 19.53% points to positive operating efficiency on capital employed.
- Latest quarter net profit at -₹0 Cr indicates the loss may be flattening.
- The company still generates ₹5 Cr quarterly sales, giving a base to recover from.
- Market cap of ₹250 Cr and strong 52-week price action imply market interest.
Concerns
- Sales growth of -45.87% and profit growth of -104.62% show severe deterioration.
- Negative ROE of -7.45% and P/E of 0.00 mean no current earnings to support valuation.
- P/B of 5.05 against book value of ₹20.49 is a high premium for a loss-making business.
- Piotroski F-Score of 3/9 and zero dividend signal weak financial health.
AI Analysis
Let me evaluate Nettlinx the way I would any small-cap: first prove it can earn, then look at price. Right now, the proof is missing. The stock is at ₹103.50, but P/E is 0.00 because earnings are absent or negligible. Return on equity is -7.45%, and profit growth is -104.62%. Sales are down 45.87%, and the latest quarter shows only ₹5 Cr of revenue with a net profit of -₹0 Cr—essentially breakeven. I am being asked to pay ₹103.50 for ₹20.49 of book value, or 5.05 times book. That is a rich price for a business with negative shareholder returns. Graham's margin of safety is nowhere to be seen. The one bright spot is ROCE at 19.53%, suggesting that capital employed is producing an operating return, but it is not translating into net income. A Piotroski F-Score of 3 out of 9 reinforces my caution: financial health is weak. There is no dividend, and promoter holding is not disclosed, so I cannot judge insider alignment. The 52-week range, from ₹13.75 to ₹103.50, shows the market has already priced in a dramatic recovery. I cannot rely on that. A true turnaround needs sustained revenue growth, improved profitability, and strengthening fundamentals. Without those, this is a speculative rally, not an investment. I would rather wait for Nettlinx to prove itself financially before risking my capital.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer