Cargotrans Marit (543618)

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

Key Financials

Strengths

• ROCE of 23.64% shows strong returns on capital employed.
• Profit growth of 76.71% with sales growth of 18.67% indicates significant operating leverage.
• P/E of 15.89 and PEG of 0.33 make the valuation look reasonable relative to growth.
• Piotroski F-Score of 7/9 suggests improving financial health.
• Latest quarter net profit of ₹3 Cr on sales of ₹51 Cr implies a healthy margin.

Concerns

• Market cap of just ₹26 Cr makes this a microcap with likely low liquidity and high risk.
• Price of ₹61 is below the 52-week low of ₹68 and far below the high of ₹179.80, reflecting severe selling pressure.
• Dividend yield of only 0.32% means no meaningful income while waiting for recovery.
• Missing data on book value, ROE, and promoter holding limits the Graham-style margin of safety analysis.

AI Analysis

Let me look at Cargotrans Marit the way I'd look at any business. At ₹61, the market caps the entire company at just ₹26 Cr. That is tiny—small enough to be ignored, and small enough to be mispriced. The trailing P/E of 15.89 is reasonable, and with profit growth of 76.71% against sales growth of 18.67%, the leverage in the model is visible. A PEG of 0.33 suggests the market is not paying for growth. ROCE of 23.64% is genuinely impressive; it tells me the company earns a good return on the capital it employs. The Piotroski F-Score of 7/9 also points to improving fundamentals rather than financial stress. But I must be careful. The latest quarter shows sales of ₹51 Cr and net profit of ₹3 Cr. If that quarterly run-rate were annual, the stock would be absurdly cheap. Yet the P/E of 15.89 implies trailing earnings closer to ₹1.6 Cr. This is a wide gap. I cannot fall in love with a number until I understand why quarterly profit can be that strong while trailing earnings are modest. Logistics businesses often have lumpy revenues, but I need audited annual numbers to trust the trend. The price action alone is a warning. The stock trades below its 52-week low of ₹68 and far below the high of ₹179.80. Mr. Market has marked this business down severely. The dividend yield is only 0.32%, so I am not being paid to wait. With no book value, ROE, or promoter holding disclosed, I lack the basic safeguards Graham demanded. This could be a fast grower, but a microcap with incomplete data demands a wider margin of safety. I would only invest after seeing debt levels, ownership, and a clear explanation of the earnings swing.

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