Yogi Ltd (511702)

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

Key Financials

Strengths

• Reported ROE of 26% suggests the existing book is earning well, if the figure is genuine and sustainable.
• Profit growth of 964.71% has produced a PEG of 0.04, indicating the market is not paying for the recent earnings jump.
• Piotroski F-Score of 6/9 is a reasonable passing score on basic financial health metrics.
• The latest quarter is profitable: ₹2 Cr net profit on ₹57 Cr sales, showing near-term positive momentum.

Concerns

• Sales growth is zero, so the 964.71% profit growth is likely a low-base or margin effect, not business expansion.
• ROCE of 1.92% is alarmingly low for an NBFC, implying poor returns on capital employed.
• The current price of ₹46.27 is far below the stated 52-week range of ₹145.00–₹192.20, which is a serious data inconsistency that must be resolved.
• Missing promoter holding, debt/equity, and zero dividend leave governance and leverage too opaque for a Graham-style investment.

AI Analysis

I begin with what every investor should admit: I do not understand this business from these numbers. Yogi Ltd is a small NBFC, but the financial statements, as presented, do not add up. Today's price, ₹46.27, gives a market cap of ₹143 Cr. That means trailing earnings are around ₹3.8 Cr at a P/E of 37.8. Yet book value of ₹16.35 and a P/B of 2.83 imply ₹50.5 Cr of equity, and ROE of 26% would imply earnings of ₹13.1 Cr. Those figures cannot all be true without adjustments. The latest quarter shows ₹57 Cr sales and only ₹2 Cr net profit, a 3.5% margin. A 964.71% profit jump sounds wonderful, but sales growth is 0.00%; this is not a compounding engine, it is a one-off or base effect. The PEG of 0.04 is built on that spike, not on durable compounding. ROCE of only 1.92% is a terrible return on capital for a lending operation. And I cannot ignore the 52-week range: ₹145.00–₹192.20, far above the current ₹46.27. Either the data is stale or something drastic happened; in both cases, I need the audited detail before writing a cheque. Promoter holding, debt/equity, and dividend yield are absent, so governance and leverage are black boxes. Piotroski 6/9 is decent, but it cannot substitute for economic moat. Benjamin Graham taught me to buy with a margin of safety. At 37.8 times earnings and with flat sales, there is no margin of safety. This looks like a market story, not a business story.

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