Hari Govind Intl (531971)

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

Key Financials

Strengths

• Maintains a listing on NSE/BSE, providing liquidity and regulatory disclosure.
• Small absolute market cap of ₹177 Cr gives scope for a genuine business revival to move the per-share price.
• Latest quarter shows a near-zero net loss, so the reported figures do not indicate a large ongoing cash burn.

Concerns

• Latest quarter sales are ₹0 Cr and net profit is negative, leaving no operating earnings engine to value.
• P/B of 51.52 against book value of ₹4.04 means investors are paying over ₹51 for every ₹1 of equity—no margin of safety.
• ROE of -5.66%, ROCE of -2.18%, and profit growth of -200% all point to value destruction, not compounding.
• Piotroski F-Score of 2/9, zero dividend yield, and unavailable promoter/debt data fail basic quality checks.

AI Analysis

Let me start with a confession: I have no interest in a stock whose latest quarter shows sales of ₹0 Cr. Hari Govind International trades at ₹208.15, giving a market cap of ₹177 Cr, yet its book value is only ₹4.04 per share. That is a price-to-book of 51.52. For that price, what do I actually own? A textile label with no current revenue and a net loss in the latest quarter. The return ratios tell the same story—ROE is -5.66%, ROCE is -2.18%. Profit growth has fallen 200%, and there is no dividend while I wait. Yield is zero. Ben Graham taught me that price is what you pay, value is what you get. Here the gap is enormous, and in the wrong direction. A Piotroski F-score of 2/9 is a bright red flag. Some might call this a turnaround candidate, but I do not invest because a stock is low-priced; I invest because a business has a visible path to higher returns. There is no such evidence in these numbers. Sales are zero, profits are negative, and book value offers no cushion. With promoter holding and debt/equity not available, I cannot even apply Graham's discipline of checking who owns the business and how leveraged it is. In my eyes, this is a speculative ticker, not an investment. The margin of safety is negative. I would rather miss a speculative rally than risk permanent capital. If the company resumes meaningful sales, generates positive earnings, and fixes its balance sheet, then I will revisit. Until then, my answer is simple: pass.

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