Cranes Software (512093)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹5.99 |
| Market Cap | ₹91.02 Cr |
| P/E Ratio | 0 |
| ROCE | 0% |
| ROE | 2.54% |
| Dividend Yield | 0% |
| Profit Growth | -50% |
| Debt/Equity | — |
| Sales Growth | 8.87% |
| 52-Week Range | ₹3.04 — ₹6 |
| Sector | IT - Software |
Strengths
- Revenue grew 8.87%, a positive signal at the top line.
- Latest quarter still generated ₹1 crore in sales, showing an active operating entity.
- ROE is positive at 2.54%, though very thin.
- Small market cap of ₹91 crore leaves room for a genuine turnaround to create upside, if it materializes.
Concerns
- No earnings: P/E is 0.00 and the latest quarter shows a net loss of ₹1 crore against ₹1 crore of sales.
- ROCE is 0.00% and profit growth is -50%, meaning capital is earning nothing and profits are collapsing.
- Extreme valuation: ₹91 crore market cap versus ₹1 crore quarterly sales implies an annualized price-to-sales ratio above 20.
- Critical data missing: book value, debt/equity, and promoter holding are unavailable; Piotroski F-score of 3/9 signals weak fundamentals.
AI Analysis
Looking at Cranes Software, I am reminded of Graham's dictum: price is what you pay, value is what you get. At ₹5.99, the market is asking ₹91 crore for a software products company whose latest quarter shows sales of just ₹1 crore and a net loss of ₹1 crore. That implies an annualized price-to-sales ratio above 20, and there is no positive earnings to hang a P/E on. The so-called P/E of 0.00 is not a bargain; it is a red flag. Sales growth of 8.87% sounds encouraging, but without profitability it is merely a promise. Profit declined 50%, and ROCE is zero. ROE of 2.54% is too small to count as a competitive fortress. The Piotroski F-score of 3 out of 9 tells me the financial health is poor. Worse, I cannot even assess book value, debt-equity, or promoter holding. In this situation, information is an asset, and its absence is a liability. I cannot identify a moat. A products business should show pricing power or intangible strength; these numbers show neither. The 52-week range ₹3.04 to ₹6.00 shows a triple in price, but price momentum is not investment merit. Benjamin Graham would demand a margin of safety; here the safety is missing. I would rather miss this move than risk my capital on hopes. This is a business to watch, not to own, until profitability and balance-sheet data appear.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer