I Power Solution (512405)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹12.46 |
| Market Cap | ₹13.82 Cr |
| P/E Ratio | 0 |
| ROCE | -11.63% |
| ROE | -18.58% |
| Dividend Yield | 0% |
| Profit Growth | -400% |
| Debt/Equity | — |
| Sales Growth | 0% |
| 52-Week Range | ₹15.59 — ₹23.42 |
| Sector | IT - Services |
| Book Value | ₹6.79 |
Strengths
- Book value of ₹6.79 per share provides a tangible asset reference point; at ₹12.46 the stock is not completely detached from book value.
- Tiny market cap of ₹14 Cr means even a modest revival in revenue could have a meaningful per-share impact.
- The stock has already been marked down to near the lower end of its trading history, reducing some speculative premium.
- No dividend payout means whatever cash remains is available for operational survival or restructuring.
Concerns
- Latest quarter sales are ₹0 Cr and profit growth is -400%, leaving the company with no visible earnings engine.
- Negative ROE of -18.58% and ROCE of -11.63% show the business is destroying shareholder capital.
- Piotroski F-Score of 2/9 indicates very poor financial health and a high risk of further deterioration.
- Debt/Equity is not available, promoter holding is not disclosed, and no dividend is paid—creating an unusually opaque small-cap picture.
AI Analysis
At first glance, I Power Solution looks like the kind of microcap that gets attention only because of a low price. But price is what you pay; value is what you get. Here, the market cap is just ₹14 Cr, and the shares trade at ₹12.46, against a book value of ₹6.79. That gives a P/B of 1.84. A P/E of 0.00 means there are no earnings to justify—the company has zero sales in the latest quarter and profit growth has collapsed by 400%. With ROE at -18.58% and ROCE at -11.63%, the enterprise is destroying capital, not creating it. The Piotroski F-Score of 2/9 reinforces the picture: weak profitability, weak balance-sheet quality, and poor financial health. Sales growth is 0.00%, there is no dividend, and promoter holding is not disclosed. In Graham's framework, I ask whether the business has a durable moat and a genuine margin of safety. This business has neither. The only tangible support is the book value of ₹6.79, but paying 1.84 times that for a company with no revenue and negative returns is not investing; it is speculation. Turnarounds can happen, but they seldom turn. I would need to see evidence of renewed sales, a credible path to positive earnings, and better capital utilisation before I would consider this. Until then, this is a pass.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer