Maruti Infra. (531540)

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

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I start with the business and the price. Maruti Infra is in civil construction, a cyclical, competitive field where moats are rare. At ₹225.80, market cap ₹2,131 Cr, P/E 36.08, P/B 78.95, and book value only ₹2.86, the market is paying a huge premium to accounting net worth. For Graham, that is not margin of safety; it is optimism. The latest quarter shows sales ₹12 Cr and net profit ₹0 Cr. Sales growth is -11.09% and profit growth is -45.83%. A company whose earnings are flat-to-negative at the latest quarter and shrinking does not justify 36x earnings unless future growth is exceptional, and I see no data to support that. The 5-year revenue CAGR of 11.65% is the one constructive growth figure, but it is backward-looking and inconsistent with current contraction. Returns are mediocre: ROE 10.13%, ROCE 8.21%. For a capital-intensive construction business, ROCE below 10% suggests little economic moat and weak incremental returns. Piotroski F-Score 3/9 confirms weak financial fundamentals. FairStock 0/100 (RISKY) is a red flag. Debt/Equity is N/A, so I cannot assess leverage; in construction, that matters. No dividend yield while trading near the 52-week high of ₹225.80 versus low of ₹6.57 shows speculative momentum. Promoter holding N/A also limits my conviction. I prefer businesses with durable competitive advantage, conservative balance sheet, consistent earnings, and price below intrinsic value. This one fails most of those tests. It may be a trading vehicle, not a Buffett-style investment.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

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