Datiware Mari. (519413)

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

Key Financials

Strengths

• Sales growth of 10% shows some top-line momentum.
• Stated ROE of 19.93% is high on paper, though its sustainability is questionable given the 1.10% ROCE.
• Tiny ₹12 Cr market cap means even a modest absolute improvement in earnings could have an outsized impact if the business stabilises.

Concerns

• Current price ₹9.95 is outside the 52-week range of ₹17.78–26.20, and book value, P/B, debt/equity, promoter holding and P/E are missing or meaningless.
• Latest quarter sales and net profit are essentially zero, so the company has no current earnings support.
• Profit fell 9.09% even while sales rose 10%, indicating margin pressure.
• Piotroski F-score of 4/9 and zero dividend suggest weak financial health and no shareholder return.

AI Analysis

I begin with Graham's first rule: don't lose money. Datiware Mari fails that test before I even get to the financials. The screen shows a price of ₹9.95, yet the 52-week range is ₹17.78–26.20; the current price is outside the reported range. That means the data set is internally inconsistent or the stock has suffered a severe disruption. With book value, P/B, debt/equity and promoter holding all N/A, and P/E shown as 0.00, I cannot apply Graham's balance-sheet or earnings tests. The latest quarter reports sales of ₹0 Cr and net profit of ₹-0 Cr, so there is no current earnings anchor. Shipping is a commodity business, capital-intensive and cyclical, with little pricing power. I see no durable moat here. The stated ROE of 19.93% looks tempting, but ROCE is merely 1.10%. That wide gap usually points to leverage or non-operating income, not to a healthy operating franchise. Sales grew 10%, yet profit fell 9.09%; that is margin compression. Piotroski F-score of 4/9 reinforces weak fundamentals. There is no dividend and FairStock score is INSUFFICIENT_DATA. A value investor should welcome uncertainty only when compensated by price. At ₹12 Cr market cap, there might be a speculative cyclical rebound if freight rates improve and transparency returns, but I cannot quantify a margin of safety without book value, debt levels, or promoter holding. I would need audited numbers and several quarters of positive operating profit before trusting this one. Until then, this is a pass. Better to let an opaque penny stock remain speculation than to invest blind.

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