Artemis Electri. (542670)

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

Key Financials

Strengths

• Latest quarter is still profitable: ₹1 Cr net profit on ₹4 Cr sales.
• ROE of 11.89% and ROCE of 11.68% are positive, showing capital is not being destroyed at current equity levels.
• Book value of ₹3.19 per share provides a small tangible asset floor.
• Stock is trading at the top of its 52-week range, reflecting strong market interest despite weak fundamentals.

Concerns

• Sales collapsed by 76.91% and profit by 69.45%, indicating severe business shrinkage.
• Valuation is extreme: P/E of 46.93, P/B of 9.13, and ₹731 Cr market cap versus latest-quarter sales of just ₹4 Cr.
• Piotroski F-score of 3/9 points to weak financial health and deteriorating operations.
• Dividend yield of 0.03% is negligible, while promoter holding and debt/equity remain undisclosed.

AI Analysis

I always ask three questions: What does the business do, why will it stay profitable, and what price gives me a margin of safety? With Artemis Electri, the answers are not reassuring. Sales have fallen 76.91% and profits 69.45%. The latest quarter brought in only ₹4 Cr of sales and ₹1 Cr of net profit. Against that tiny base, the market cap is ₹731 Cr. That means the stock has moved from ₹13 to ₹29.12 in a year—at the high of its range—even while the business is shrinking. Graham would see no margin of safety in a P/E of 46.93 and a P/B of 9.13 when book value is just ₹3.19. The Piotroski F-score of 3 out of 9 confirms a weak financial position. ROE of 11.89% and ROCE of 11.68% sound acceptable, but they are earned on a much smaller equity base and do not justify such a premium. Dividend yield of 0.03% gives me almost no compensation for waiting. I also do not know the debt/equity or promoter holding, so I cannot judge the balance-sheet risk or whether promoters are aligned with me. This is not a business I can confidently value. It may recover, but the price already assumes a great future. In Buffett's language, the future is never uncertain for the wise investor—price must provide protection. Here, price provides no protection. I would keep Artemis Electri on the watchlist and wait for either a much lower price, several quarters of recovery, or clear evidence of a durable moat. Until then, this is speculation, not investment.

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