KEN Fin.Serv. (530547)

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

Key Financials

Strengths

• Trades at P/B of 0.69, a 31% discount to book value of ₹23.82.
• P/E of 14.64 is moderate if trailing earnings are reliable.
• ROE and ROCE are positive at 3.04% and 3.07%, though low.
• Current price of ₹16.35 is well above the 52-week low of ₹8.64.

Concerns

• Latest quarter reported sales of ₹0 Cr and net profit of ₹0 Cr.
• Sales growth and profit growth are both 0.00%, with no dividend yield.
• Piotroski F-score of 4/9 indicates weak financial health.
• Debt/equity and promoter holding are not disclosed, limiting an outside investor's assessment.

AI Analysis

When I look at KEN Fin.Serv., I have to be honest with myself: this is not the kind of business that would keep me awake at night for good reasons. It is an NBFC, an industry I understand, but understanding does not mean enthusiasm. The market price is ₹16.35 and book value is ₹23.82, so the stock trades at a price-to-book of 0.69. That looks like a discount, and in Graham's language it gives some margin of safety. But a discount to book is only interesting if the book is solid and the business can generate earnings. Here, return on equity is just 3.04% and ROCE is 3.07%. Put simply, the company is earning very little on the capital tied up in the business. With sales growth and profit growth both at 0.00%, and no dividend, a patient shareholder is getting little in hand or in growth. The latest quarter shows sales of ₹0 Cr and net profit of ₹0 Cr, which is a red flag I cannot ignore. A financier with no revenue or profit in the latest quarter may be dormant, or the numbers may not reflect the true picture. The Piotroski F-score of 4 out of 9 also points to weak financial health. On the positive side, the price has held above its 52-week low of ₹8.64, and the P/E of 14.64 is not excessive. However, the market cap of only ₹5 Cr means it will always be a micro-cap, with limited institutional attention. Ultimately this looks more like an asset play than a growing enterprise. I would only consider it if an investigation of the loan book and asset quality confirms that the book value is real. Otherwise, a low price-to-book can be a value trap.

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