Tridev Infra. (531568)

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

Key Financials

Strengths

• Price of ₹6.18 is close to book value of ₹5.63, so there is some asset backing.
• P/B of 1.10 limits the premium paid over net worth, reducing speculative froth.
• Stock trades near its 52-week low of ₹5.89, suggesting much pessimism is already priced in.
• Tiny ₹4 crore market cap could make it a special-situation or restructuring candidate if assets are clean.

Concerns

• Latest quarter shows sales of ₹0 and net profit of ₹0, meaning no active operating earnings.
• ROE of 2.81% and ROCE of 0.91% show capital is earning far below acceptable levels.
• Zero sales growth, zero profit growth, and zero dividend make the P/E of 170 meaningless.
• Piotroski F-score of 4/9, unavailable promoter holding, and undisclosed debt/equity raise financial and governance concerns.

AI Analysis

Whenever I see zero sales and zero net profit in the latest quarter, I stop looking for a growth story. Tridev Infra is a ₹4 crore market-cap paper-industry name trading at ₹6.18. The P/E of 170 is meaningless when profits are negligible, and 0.00% sales and profit growth tells me this is not a compounding machine. Graham taught me to think of a business as the underlying assets plus future earning power. Here, earning power is absent; the only hook is book value of ₹5.63. At 1.10 times book, I am paying a premium to assets, not a discount. That fails my margin-of-safety test. Meanwhile, ROE is only 2.81% and ROCE is 0.91%, so even the stated assets are generating negligible returns. The Piotroski F-score of 4/9 reinforces caution: financial health is weak. There is no dividend, promoter holding is unavailable, and debt/equity is not disclosed, so I cannot verify who controls this business or what liabilities may exist. The 52-week range of ₹5.89 to ₹9.46 shows the stock is near its low, but a low price is not an opportunity by itself. I would rather miss a special situation than overpay for a company with no earnings, no growth, and no visibility. For a true asset play, I need to buy well below book value after auditing the realisable value of assets. With insufficient data and a 4/9 Piotroski score, this is a pass for me. I will wait for evidence of operations, a clear balance sheet, promoter commitment, or a meaningful price-to-book discount before considering Tridev Infra.

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