Prashant India (519014)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹14.44 |
| Market Cap | ₹6.44 Cr |
| P/E Ratio | 0 |
| ROCE | -13.33% |
| ROE | -21.93% |
| Dividend Yield | 0% |
| Profit Growth | -2,866.67% |
| Debt/Equity | — |
| Sales Growth | -80% |
| 52-Week Range | ₹11.39 — ₹28.33 |
| Sector | Textiles & Apparels |
Strengths
- Microcap valuation of ₹6 crore means expectations are rock bottom; even a small recovery or asset sale could move the stock significantly.
- The share price of ₹14.44 is roughly 49% below the 52-week high of ₹28.33, so the market has already de-rated the stock sharply.
- The latest quarter's net loss of ₹3 crore is small in absolute rupee terms, leaving a compact cost structure that could theoretically be restructured.
Concerns
- No revenue generation: latest quarter sales are ₹0 crore and sales growth is -80%.
- Persistent value destruction: ROE is -21.93%, ROCE is -13.33%, and profit growth is -2866.67%.
- Piotroski F-Score of 2/9 signals severe financial distress.
- Critical data is missing: book value, debt/equity, promoter holding, and FairStock Score are all N/A, so no margin of safety can be calculated.
AI Analysis
Let me be blunt: Prashant India is not a business I would put money into today. At ₹14.44, the entire company is valued at just ₹6 crore. That sounds small enough to be interesting, but the latest quarter shows sales of ₹0 crore and a net loss of ₹3 crore. If that quarterly loss continues, the annual cash burn is roughly ₹12 crore—double the entire market cap. This is capital destruction, not compounding. Sales are down 80% and reported profit growth is -2866.67%. The company earns a ROE of -21.93% and ROCE of -13.33%, meaning it cannot generate a return on any capital employed. The Piotroski F-Score of 2/9 reinforces the picture: weak profitability, weak financial health. As Graham would say, the margin of safety is absent. Worse, I cannot even compute a book value or debt/equity ratio, and promoter holding is not available. In the absence of such basic information, any valuation is guesswork. The share price is 49% below its 52-week high, yet still above the 52-week low; some may see a floor, but I see a falling knife. I do not invest in turnarounds unless the current management has a credible plan and the balance sheet can survive the wait. Prashant India shows no such evidence. This is not a franchise; it has no moat, no pricing power, and no earnings power. The tiny market cap gives it optionality, but optionality is not an investment. I would prefer to miss this one than to risk capital in a business that may not be worth six crore rupees as a going concern. I'll wait for sales to return and losses to stop before I even open the annual report again.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer