Nag. Agri Tech. (531832)

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

Key Financials

Strengths

• Positive book value of ₹7.16 per share offers some tangible asset backing, though price is far above it.
• Latest quarter sales of ₹10 Cr indicate some ongoing operating activity.
• Small market cap of ₹19 Cr means a genuine turnaround could move the needle if operations improve.
• Zero reported dividend means no cash leakage, but that is not a virtue when returns are so poor.

Concerns

• P/E of 504.44 with zero sales and profit growth means an extreme valuation for a stagnant business.
• ROE of 1.42% and negative ROCE of -1.34% show the company is not creating value for shareholders.
• Piotroski F-Score of 2/9 signals weak financial health and possible operational distress.
• Current price of ₹18.90 is inconsistent with the stated 52-week range of ₹34.59–64.28, raising serious data reliability concerns.

AI Analysis

At first glance, Nag Agri Tech has the surface of a small Indian agricultural business, but after turning the numbers over I see little to like. Graham taught me that price is what you pay and value is what you get. Here I would be paying ₹18.90 for a company earning almost nothing. A P/E of 504.44 with sales and profit growth at 0.00% tells me I am buying a stagnant earnings stream at an absurd multiple. The underlying returns are worse: ROCE is negative at -1.34% and ROE is barely 1.42%. A business that cannot earn more than a fixed deposit on shareholder equity has no durable economic moat. Agricultural commodities give it little pricing power, no apparent brand, and no clear edge. Book value is ₹7.16, so at P/B of 2.64 the market already asks me to pay a big premium for weak returns. The Piotroski score of 2/9 is a serious red flag—this is near the bottom of the financial-health scale. There is no dividend to compensate me while I wait. Worse, the stated 52-week range of ₹34.59–64.28 cannot be squared with a current price of ₹18.90. If the data is wrong, I cannot trust the baseline; if it is right, this is a stock that has collapsed and still looks overvalued. Either way, there is no margin of safety. Negative ROCE, zero growth, and a 2/9 F-score are exactly the warning signs Buffett and Graham told us to avoid. I would not want to own this with real money. The valuation must fall to a meaningful discount to book, and operations must show sustained positive earnings, before I would spend another minute. For now, this is a pass.

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