Ladam Affordab. (540026)

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

Key Financials

Strengths

• Trades at ₹7.49 against stated book value of ₹13.44, a 44% discount to book.
• Market cap of ₹14 Cr is tiny, so even modest asset realization could move per-share value.
• Latest quarter net profit is ₹-0 Cr and ROE is only -0.64%, meaning cash burn is negligible.
• The 52-week low of ₹5.55 suggests some floor buyers have emerged historically.

Concerns

• Zero operating revenue: latest quarter sales are ₹0 Cr and sales growth is 0.00%.
• No earning power: ROE -0.64%, ROCE -0.07%, and profit growth -50.00%.
• Piotroski F-Score of 2/9 indicates weak financial health and poor fundamentals.
• Promoter holding and debt/equity are undisclosed, leaving governance and leverage risks unknown.

AI Analysis

This is not a business I would call a going concern. Ladam Affordab sells at ₹7.49, but book value is ₹13.44. In Graham's language, you are buying a rupee of assets for 56 paise. That sounds like a bargain—until you ask what those assets earn. The latest quarter shows sales of ₹0 Cr and net profit of ₹-0 Cr. Over the year, ROE is -0.64% and ROCE is -0.07%. In other words, the assets earn nothing. A low price-to-book is only meaningful when management can eventually turn assets into earnings or value. With sales growth of 0.00% and profit growth down -50.00%, there is no operating engine. The Piotroski F-Score of 2/9 reinforces the picture: fundamentals are deteriorating, not improving. No dividend is paid, and promoter holding is not disclosed. Buffett would say: 'It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.' This is a fair-value-at-best asset shell, not a compounder. The 52-week range of ₹5.55 to ₹9.45 shows the market itself has little conviction. I cannot value it on earnings, so the only hope is asset realization: are those book values genuine, liquid, and unencumbered? Debt/Equity is N/A, so I cannot even verify the claims on those assets. If the assets are worth ₹13.44 and can be sold, there may be upside. But with no profits and a 2/9 F-score, I need a huge margin of safety and evidence of management skill before deploying capital. Until then, this is an asset play, not an investment.

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