Exhicon Events (543895)

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

Key Financials

Strengths

• Revenue growth of 63.84% and profit growth of 113.12% show strong momentum.
• ROCE of 34.59% indicates efficient capital deployment.
• Piotroski F-Score of 7/9 suggests sound operating and financial health on available metrics.
• PEG ratio of 0.24 suggests growth may not be fully priced in.
• Latest quarter sales of ₹103 Cr and net profit of ₹22 Cr demonstrate continued traction.

Concerns

• Critical data unavailable: book value, ROE, debt/equity, promoter holding, and FairStock score are all missing or insufficient.
• Data inconsistencies: P/E of 21.04 implies trailing profit around ₹16 Cr versus latest quarter profit of ₹22 Cr; price ₹258.55 is below the stated 52-week range of ₹390-595.
• Negligible dividend yield of 0.03% offers no income cushion.
• Event management is a competitive, relationship-driven service business without an obvious durable moat; small market cap of ₹344 Cr adds volatility risk.

AI Analysis

Let me start with what attracts me: Exhicon has grown sales at 63.84% and profits at 113.12%, with ROCE of 34.59% and a Piotroski score of 7 out of 9. A PEG of 0.24 suggests the market is pricing little of this growth. The latest quarter shows ₹103 crore in sales and ₹22 crore in net profit. By these figures, it looks like a fast grower run efficiently. But investing is not about buying a great story; it is about buying a business at a price that makes sense, with facts I can trust. Here I am uncomfortable. Book value is absent, ROE is absent, debt-to-equity is absent, and promoter holding is absent. Graham taught me to demand a margin of safety; without a balance sheet, I cannot measure it. The P/E of 21.04 implies trailing net profit around ₹16 crore, yet the latest quarter alone shows ₹22 crore. That does not reconcile. Similarly, the current price of ₹258.55 is below the stated 52-week range of ₹390 to ₹595. Either the data is stale or something has changed dramatically. The event business can generate high returns on small capital, but it is also a competitive, relationship-driven service industry without an obvious durable moat. A dividend yield of 0.03% means I am not paid to wait. The tiny market cap of ₹344 crore amplifies risk. I would not reject it outright; the growth metrics are excellent. But I need cleaner data, audited financials with book value and debt, before I put a rupee in. In the famous words: 'Price is what you pay; value is what you get.' With numbers this inconsistent, I cannot yet value what I would be getting.

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