Shashwat Furnis. (543519)

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

Key Financials

Strengths

• Latest quarter sales of ₹9 Cr equal the entire market cap of ₹9 Cr, giving a low sales-based valuation.
• The company has an existing revenue base in furniture/home furnishing rather than being an empty shell.
• At ₹43, the stock is far below its 52-week high of ₹143.46, so investor expectations are already low.
• Small market cap could attract special-situation interest if operations genuinely improve.

Concerns

• Piotroski F-Score of 2/9 indicates very poor fundamental health.
• ROCE is 0.00% and latest quarter net profit is ₹-0 Cr, showing no real earnings power.
• Sales and profit growth are both 0.00%, yet the P/E is 84.16, leaving no support for valuation.
• Price of ₹43 is below the 52-week low of ₹67.10, suggesting persistent weakness and possible distress.

AI Analysis

At ₹43, Shashwat Furnis has a market cap of only ₹9 crore. Graham would ask: what am I really buying? The data sheet is full of N/A values—book value, debt/equity, ROE, promoter holding—so the margin of safety cannot even be computed. What is visible is deeply concerning. ROCE is 0.00%, and the latest quarter shows sales of ₹9 crore with net profit of roughly ₹0 crore. Sales and profit growth are both flat at 0%. The Piotroski F-Score is 2 out of 9, indicating very weak financial health. A P/E of 84.16, with no growth and no return on capital, is not a value multiple; it is an expensive hope. The stock trades at ₹43, below its 52-week low of ₹67.10 and far below the high of ₹143.46. No dividend is being paid, so patience is not rewarded while waiting. On the positive side, the market cap of ₹9 crore equals one quarter's sales of ₹9 crore, so the market is valuing the business modestly on sales. But a modest price-to-sales ratio means little if the company cannot convert sales into profits. This is not a wonderful business at a fair price. It is a possible turnaround, but only if management can improve operations, generate positive earnings, and disclose its balance sheet properly. Until I see evidence of those changes, I would not touch it. In Buffett's language: a great business is one that earns high returns on capital; this one earns nothing. The absence of information, combined with weak profitability and falling price, is enough for me to pass.

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