Tahmar Enterp. (516032)

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

Key Financials

Strengths

• Positive book value of ₹6.14 per share implies a tangible asset base of roughly ₹59 crore, providing a small cushion.
• Annualised losses appear modest relative to market cap: ROE of -4.70% on ~₹59 crore book value suggests a loss of only ~₹2.8 crore.
• The stock is trading at the top of its 52-week range, indicating some investor interest or expectation, though this is not a value signal.

Concerns

• Latest quarter sales are ₹0 crore and sales growth is -98.97%, meaning the business is effectively dormant.
• P/B of 3.46 and no earnings power mean the stock has no margin of safety for a value investor.
• Piotroski F-score of 2/9 indicates severe financial stress or deterioration.
• No dividend, no promoter holding data, and D/E N/A create serious transparency and governance concerns.

AI Analysis

I approach stocks as part-ownership of a business, not as a ticker. Graham taught me to measure every price against quantitative conservatism. Tahmar Enterp. fails badly. Price ₹21.23, market cap ₹205 crore, yet latest quarter sales are ₹0 crore and net profit is ₹0 crore. Annual sales collapsed by 98.97%, and profit growth is -325%. A business with no revenue and no earnings has no earnings power to value. The P/E is meaningless, and a P/B of 3.46 is dangerous because you are paying over three times book for assets that earn a negative return. ROE is -4.70%, ROCE is -1.73% — value is being destroyed, not created. The Piotroski F-score of 2 out of 9 is a red flag: poor profitability, likely deteriorating liquidity and leverage posture. There is no dividend to compensate. Book value is ₹6.14 per share, so even if the company were liquidated at book, shareholders would get only about ₹6.14 — far below ₹21.23. This is not an investment; it is speculation. I can only sleep well when a stock is purchased with a margin of safety. Here the market is paying a premium to book for a company with zero operations. That is the opposite of Graham's teaching. I cannot call it a turnaround without evidence of new orders, sales, or a plan. Until I see sales returning and profitability improving, the wise answer is to pass. In investing, you don't have to swing at every pitch.

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