T & I Global (522294)

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

Key Financials

Strengths

• Sales growth of 26.5% indicates improving demand traction.
• Piotroski F-Score of 7/9 suggests healthier financials and better operational discipline.
• Price-to-book of 1.16 with book value ₹182.47 offers reasonable asset backing.
• Latest quarter sales of ₹25 Cr and net profit of ₹3 Cr show recent momentum; PEG of 0.10 looks attractive if growth sustains.

Concerns

• ROE of 6.91% and ROCE of 2.27% signal weak returns on capital and limited moat.
• Profit growth of 383% is likely from a low base and may not be repeatable.
• Zero dividend yield means no cash return while reinvestment returns remain poor.
• Insufficient promoter holding and FairStock data limits governance/transparency assessment.

AI Analysis

At first glance, T & I Global looks like a growth story: sales climbed 26.5%, reported profit jumped 383%, and at ₹211 the price-to-earnings is 19.95. The PEG of 0.10 screams cheap if that growth persists. But I have learned to be suspicious when a low price-earnings ratio meets a low return on capital. This company earns only 6.91% on equity and just 2.27% on capital employed. That is not the hallmark of a business with pricing power or a durable moat. A truly wonderful business should generate high returns on tangible capital and reinvest at those rates. Here, book value is ₹182.47 and the stock trades at 1.16 times book, so there is some asset support, but that support is cold comfort if the assets cannot earn a decent return. The Piotroski score of 7/9 is a positive signal: working capital and profitability may be improving. The latest quarter shows sales of ₹25 Cr and net profit of ₹3 Cr, consistent with momentum. Yet profit growth of 383% usually reflects a low base, not necessarily sustainable compounding. With no dividend and no clarity on promoter holding, I cannot fully assess alignment of interests. I would treat this as a small, speculative fast grower, not a permanent holding. The numbers say 'growth'; the returns on capital say 'be careful.' If management can lift ROCE towards double digits and convert earnings into cash, the story could become interesting. Until then, I would demand a wider margin of safety, perhaps closer to book value, and watch whether the latest quarter's strength is repeatable.

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