HB Portfolio (532333)
Asset PlayScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹71.14 |
| Market Cap | ₹76.58 Cr |
| P/E Ratio | 99.8 |
| ROCE | 0.8% |
| ROE | 0.77% |
| Dividend Yield | 1.66% |
| Profit Growth | 268.6% |
| Debt/Equity | — |
| Sales Growth | -31.65% |
| 52-Week Range | ₹49 — ₹88 |
| Sector | Finance |
| Book Value | ₹231.77 |
Strengths
- Trades at just 0.31x book value of ₹231.77, offering a wide asset-level margin of safety.
- Piotroski F-Score of 6/9 suggests several basic financial health indicators are positive.
- Dividend yield of 1.66% provides a small income return while waiting for value recognition.
- Profit growth of 268.60% shows earnings rebounding from a low base, though absolute profits are tiny.
Concerns
- ROE of 0.77% and ROCE of 0.80% indicate negligible returns on shareholders' capital.
- Sales growth of -31.65% shows shrinking operating activity.
- P/E of 99.80 with latest quarter net profit of only ₹1 Cr reflects low-quality, thin earnings.
- Promoter holding and debt details are N/A, leaving ownership alignment and leverage risks unclear.
AI Analysis
At ₹71.14, HB Portfolio is available at less than one-third of its ₹231.77 book value. A Graham buyer would notice that immediately, but I have to ask: is that book value earning anything close to a satisfactory return? The answer is no. ROE is just 0.77% and ROCE is 0.80%. At that level, the business is barely covering its cost of capital, and the book value is closer to a stagnant pile of assets than a growing franchise. Sales fell 31.65%, so the operating side is shrinking, while the latest quarter shows only ₹1 Cr net profit on ₹7 Cr sales. The 268.60% profit growth may catch the eye, but with a P/E of 99.80, the market is paying a steep multiple for that small profit. This is not an engine of compounding; it is a possible asset play. The Piotroski score of 6/9 is reasonably healthy, and the 1.66% dividend yield offers some patience. But I do not see a moat in a small, price-taking financial services business. A 0.31 P/B gives a margin of safety in assets, but low ROE means shareholders' capital is not being put to work. I would be interested only if management can improve returns on the ₹231.77 per-share book value, or if the market continues to undervalue those assets. Until then, this is a cigar butt: cheap, but one puff at best. Not a wonderful business.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer