Nihar Info Glob. (531083)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹5.81 |
| Market Cap | ₹6.05 Cr |
| P/E Ratio | 0 |
| ROCE | -34.03% |
| ROE | -34.88% |
| Dividend Yield | 0% |
| Profit Growth | 275% |
| Debt/Equity | — |
| Sales Growth | 267.76% |
| 52-Week Range | ₹5.42 — ₹8.65 |
| Sector | IT - Software |
| Book Value | ₹9.39 |
Strengths
- Trades at a price-to-book of 0.62, or ₹5.81 against book value of ₹9.39.
- Sales growth of 267.76% indicates significant revenue traction from a low base.
- Piotroski F-Score of 6/9 suggests some improvement in financial fundamentals.
- Micro-cap size of ₹6 Cr creates high optionality if a genuine turnaround takes hold.
Concerns
- ROE of -34.88% and ROCE of -34.03% show current shareholders' capital is being eroded.
- Latest quarter net profit is ₹0 Cr despite ₹9 Cr of sales; revenue is not converting into earnings.
- P/E is meaningless at 0.00 and dividend yield is 0.00%, offering no income and no earnings support.
- Debt/Equity and promoter holding are unavailable, leaving a critical transparency gap.
AI Analysis
At ₹5.81 against a book value of ₹9.39, Nihar Info Glob trades at only 0.62 times book. That immediately gets my attention, but Graham never bought assets blindly—he demanded that assets help produce future earnings. Here, ROE is -34.88% and ROCE is -34.03%. The business is destroying value, and the latest quarter reports sales of ₹9 Cr with net profit of ₹0 Cr. The headline 267.76% sales growth and 275.00% profit growth look exciting, but when the actual bottom line is zero, the market cap of ₹6 Cr has no earnings backing. The zero P/E is not a bargain signal; it simply tells us there is no profit to price. On the positive side, the Piotroski F-Score of 6/9 suggests some fundamental measures are improving, and the low P/B leaves room if book value is conservative and the operations can be stabilised. But I cannot build a case on hope. There is no dividend, no disclosed promoter holding, and no debt-equity information to judge financial risk. In a competitive software products business, a tiny ₹6 Cr company lacks pricing power, scalability, and moat evidence. Buffett would rather pay a fair price for a wonderful business than a discount on a broken one. This looks like a speculative turnaround situation, not a quality compounder. I would wait for repeated quarters of positive net profit, positive ROE, and credible balance-sheet clarity before investing. Until then, the margin of safety is an illusion.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer