Bothra Metals (535279)

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

Key Financials

Strengths

• Sales growth of 45.83% shows strong top-line momentum and end-market demand.
• Latest quarter sales of ₹10 crore against a ₹22 crore market cap means a low price-to-sales level if margins recover.
• ROCE is positive at 3.75%, so operations are not deeply loss-making before financing costs.
• Current price ₹11.90 is near the 52-week high of ₹12.25, suggesting some market optimism about a recovery.

Concerns

• Profit growth is -100% and latest quarter net profit is ₹0 crore; the company is not earning profit today.
• P/E of 177.40 and PEG of 3.87 leave no valuation cushion if earnings stay low.
• ROCE of 3.75% is weak for an equity investment, while dividend yield is 0%.
• Book value, debt/equity, and promoter holding are N/A, so balance-sheet risk and promoter alignment cannot be assessed.

AI Analysis

Let me start with the numbers. Bothra Metals has a market cap of only ₹22 crore, but the market is pricing it at a P/E of 177.40. That is rich for any business, and especially rich for a company whose profit growth is minus 100% and whose latest quarter ended with net profit of ₹0 crore. In Graham's framework, earnings are the anchor of value; without earnings, price is just speculation. The top line grew 45.83% and latest quarter sales are ₹10 crore, so the market cap is only about 2.2 times quarterly sales. That is the one interesting hook. But growing sales with no bottom line means the company is not yet converting demand into shareholder value. ROCE of 3.75% is far too low for an equity investment; a conservative investor should demand a return meaningfully above that. The Piotroski score of 4 out of 9 also signals weak financial health. There is no dividend, so the investor must rely entirely on price appreciation. And I cannot even check book value, debt-to-equity, or promoter holding because the data is N/A. Aluminium is a cyclical metal, and in a cyclical business, good times often mask inefficiency. Given zero current earnings, an extremely high P/E, poor capital efficiency, and lack of key balance-sheet disclosures, this is not a stock I can own with margin of safety. I would need to see consistent positive net profit, a higher ROCE, and better transparency before I change my mind. For now, Bothra Metals belongs in the too-hard pile.

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