Bhanderi Infra. (538576)

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

Key Financials

Strengths

• Sales growth of 20.93% shows some revenue momentum.
• Small market cap of ₹25 Cr offers potential for high growth if execution improves.
• Listed on NSE/BSE, providing liquidity and regulatory oversight.
• Operating in residential/commercial projects, a sector with long-term demand in India.

Concerns

• Profit growth is deeply negative at -39.02%, while P/E is 36.45 — expensive for deteriorating earnings.
• ROCE is only 3.87%, indicating very poor capital efficiency.
• Latest quarter net profit is ₹0 Cr — the business is barely breaking even.
• No dividend, no promoter holding disclosure, and no book value or debt/equity data — a transparency red flag.

AI Analysis

When I look at Bhanderi Infra, the first thing I ask is: what am I buying? A ₹25 Cr market cap, a price of ₹91.80, a P/E of 36.45 — that means the market is asking me to pay 36 years of current earnings for a business whose profits fell 39% last year. That makes no sense to me. The latest quarter tells the real story: sales of just ₹1 Cr and net profit of ₹0 Cr. This is not a compounding machine; it's a tiny real estate developer with no pricing power, no identifiable moat, and a return on capital employed of only 3.87%. I could earn more in a fixed deposit with zero effort. Sales growth of 20.93% sounds nice, but profit is declining, and the Piotroski F-Score of 4/9 confirms weak financial health. There is no dividend to reward me while I wait, and promoter holding is not even disclosed — I want skin in the game, not a black box. The 52-week range of ₹131 to ₹154 versus today's ₹91.80 is deeply concerning; either the data is unreliable or this stock has broken down badly. Graham would tell me to check the balance sheet, but with book value and debt-to-equity not available, I cannot even estimate a margin of safety. At 36 times earnings with deteriorating profits and negligible ROCE, this is not a value investment — it's speculation. I prefer businesses where I can predict cash flows with some certainty. Bhanderi Infra fails that test. Unless management shows a dramatic turnaround in profitability and provides full financial transparency, I will keep my money in something simpler, stronger, and far cheaper.

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