Perfect-Octave (521062)

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

Key Financials

Strengths

• Trades close to book value with P/B of 1.09, offering some downside protection if assets are real.
• Reported ROE of 18.29% is respectable at a glance.
• Piotroski F-Score of 6/9 suggests no severe financial distress.
• Low P/E of 11.40 reflects apparent earnings, though quality is questionable.

Concerns

• Latest quarterly sales are ₹0 Cr and sales growth is -66.67%, indicating the core business has collapsed or is dormant.
• ROCE of 0.25% against ROE of 18.29% shows operating returns are near zero; profits may be non-operating.
• Price of ₹2.76 is below the stated 52-week range low of ₹3.44, showing negative momentum.
• Tiny ₹10 Cr market cap, no dividend, undisclosed promoter holding, and insufficient data make this highly speculative.

AI Analysis

At ₹2.76, Perfect-Octave has a market cap of just ₹10 crore against a book value of ₹2.54 per share, so it trades at 1.09 times book. As Graham would say, you can buy a dollar of assets for $1.09—not a bargain, but not excessive, if the assets are honestly stated. Yet the business itself is deeply worrying. Sales are down 66.67%, and the latest quarter shows ₹0 crore of revenue. A broadcaster or software producer that sells nothing in a quarter cannot be valued as a going concern. The reported net profit of ₹1 crore and 1000% profit growth look like non-operating or exceptional effects, not durable earnings. ROE of 18.29% sounds attractive, but ROCE of 0.25% tells the real story: the capital employed in operations earns almost nothing. The gap suggests profits are being made outside the core business. The P/E of 11.40 is optically cheap, but with an earnings base that low and volatile, I cannot trust that multiple. Piotroski F-score of 6/9 is a small comfort—no obvious distress—but it doesn't make up for missing revenue. There is no dividend, promoter holding is undisclosed, and the tiny ₹10 crore market cap means liquidity risk is serious. In true Buffett/Graham fashion, I would ask: what does this asset produce? Right now, not enough from operations. There is a possible asset-play angle if the balance sheet supports liquidation value, but with only these figures, I cannot conclude. I would wait for clarity on revenue, cash flows, and use of retained earnings before committing capital.

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