Ceeta Industries (514171)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹33.51 |
| Market Cap | ₹48.97 Cr |
| P/E Ratio | 174.58 |
| ROCE | 4% |
| ROE | 1.37% |
| Dividend Yield | 0% |
| Profit Growth | 66.67% |
| Debt/Equity | — |
| Sales Growth | 4.69% |
| 52-Week Range | ₹30.4 — ₹49.44 |
| Sector | Food Products |
| Book Value | ₹18.37 |
Strengths
- Piotroski F-Score of 7/9 suggests improving profitability and financial health.
- Positive sales growth of 4.69% indicates the business is not shrinking.
- Book value of ₹18.37 per share provides some asset-backed reference, with P/B at 1.82.
- Reported profit growth of 66.67% shows margin improvement, albeit from a very low earnings base.
Concerns
- P/E of 174.58 and PEG of 4.89 are far above any reasonable value anchor.
- Latest quarter net profit is ₹0 crore, making earnings unreliable and severely cyclical.
- ROE of 1.37% and ROCE of 4.00% reflect weak capital allocation and poor competitive edge.
- No dividend yield, and promoter holding/debt data are missing, creating serious transparency concerns.
AI Analysis
At ₹33.51, Ceeta Industries has a market cap of ₹49 crore, but the company earns almost nothing—its P/E of 174.58 implies annual net profit of roughly ₹0.28 crore. Graham taught me to buy dollar bills for 50 cents, not to pay 174 years of profits. Price to book of 1.82 means I pay ₹1.82 for ₹1 of net worth, but that net worth earns only 1.37% on equity and 4.00% on capital employed. A mediocre business should be priced at a discount, not a premium. Sales growth of 4.69% is tepid, and the latest quarter shows ₹7 crore of sales with ₹0 crore net profit—so reported profit growth of 66.67% is from a tiny, fragile base. The PEG ratio of 4.89 tells me growth is far too expensive even if it persists. There is no dividend yield, so I cannot wait for income. On the positive side, the Piotroski F-Score of 7 suggests improving financial health, and book value of ₹18.37 gives some floor, though not enough. I have no promoter holding data and no debt-to-equity data; in a small company, this lack of transparency is a red flag. This may be an early turnaround, but the market is already asking a high price for it. In value investing, you need a margin of safety. Here, I don't see one. I will remain on the sidelines until earnings become real, consistent, and cheap.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer