Jagjanani Text. (532825)

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

Key Financials

Strengths

• Listed on NSE/BSE, providing liquidity and basic corporate disclosure.
• Book value is positive at ₹0.05 per share, though negligible.
• No dividend obligation exists, so cash is not being paid out.
• Small ₹27 Cr market cap leaves room for a pure speculative re-rating if operations ever restart.

Concerns

• Latest quarter sales are ₹0 Cr and net profit is ₹-0 Cr; there is no visible revenue engine.
• P/B of 349.00 against book value of ₹0.05 implies extreme overvaluation relative to tangible net worth.
• ROE of -464.91% and ROCE of -233.33% show massive capital destruction.
• Piotroski F-Score of 2/9 indicates very poor financial health, and promoter holding data is absent.

AI Analysis

Looking at Jagjanani Text, the first thing I ask is: how much can I lose? With a market cap of ₹27 crore and almost no business—latest quarter sales ₹0 crore and net profit ₹-0 crore—this is not a company; it is a shell. Book value per share is just ₹0.05, and the stock trades at ₹17.45, or 349 times book. In Graham's language, that is not a margin of safety; it is margin of danger. The P/E is meaningless at 0.00 because earnings are absent, and profit growth is -144.44%. ROE is a devastating -464.91% and ROCE -233.33%, meaning every rupee of capital employed is being destroyed. The Piotroski score of 2 out of 9 confirms very poor financial health. A promoter holding figure is not disclosed, so I cannot even see whether insiders have skin in the game. There is no dividend to compensate me while waiting. The only thing working in this stock's favour is price momentum: it has moved from ₹3.20 to ₹17.45, at the top of its 52-week range. But as an investor, I buy businesses, not moving prices. Without sales, without a positive equity base, without a moat, and without trustworthy financial signals, this is speculation, not investing. I would need to see actual textile revenue, a realistic path to profitability, and a balance sheet that can absorb losses before I would even begin to look. Until then, I cannot value it; I can only say the price is a hope, not a calculation. In my circle of competence, this belongs in the 'too hard' pile.

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