Tomorrow Tech. (512018)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹9.6 |
| Market Cap | ₹149.48 Cr |
| P/E Ratio | 0 |
| ROCE | -32.3% |
| ROE | -0.49% |
| Dividend Yield | 0% |
| Profit Growth | 112.22% |
| Debt/Equity | — |
| Sales Growth | -60% |
| 52-Week Range | ₹7.01 — ₹11.69 |
| Sector | Finance |
| Book Value | ₹1.53 |
Strengths
- Positive book value of ₹1.53 per share provides a small capital cushion.
- Reported profit growth of +112.22% suggests some improvement from a low/negative base.
- Piotroski F-Score of 5/9 indicates moderate financial health, not immediate distress.
Concerns
- Latest quarter has ₹0 Cr sales and ₹0 Cr net profit, so there is no earnings power to validate the price.
- Sales growth is -60% and P/B is 6.27, creating a severe mismatch between valuation and business performance.
- ROE of -0.49% and ROCE of -32.30% show capital is being destroyed.
- No dividend and no promoter holding disclosure reduce transparency for minority shareholders.
AI Analysis
Let me put emotion aside. Tomorrow Tech is quoted at ₹9.60, giving a market cap of ₹149 crore. But a price is not an investment. The balance sheet shows book value of just ₹1.53 per share, so I would be paying 6.27 times book for a financial-services company that earns -0.49% on shareholder equity and -32.30% on capital. In Graham's language, that is not a margin of safety; it is a margin of folly. The latest quarter reports zero sales and zero net profit. Sales have fallen 60%. A company with no revenue cannot be valued on earnings; that is why the P/E is shown as 0.00. A reported profit growth of 112% is meaningless when starting from a negligible or negative base. There is no dividend to compensate me while I wait. Promoter holding is not disclosed, so I cannot see whether the people inside are aligned with me. The Piotroski score of 5 out of 9 is mediocre, not a badge of quality. I do not need to forecast technology disruptions here; I need to see cash flow, positive margins, and honest capital allocation. None are visible. When I cannot understand how a company earns a rupee, I pass. This may one day become a turnaround after a new business plan, equity infusion, or acquisition, but buying today means relying on hope. In my world, hope is not a strategy. I would leave this in the too-hard pile until there are actual sales, positive book-value growth, and disclosed promoter ownership.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer