Bondada Engineer (543971)

FairStock Score: 60/100 — STEADY

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

Key Financials

Strengths

• Revenue grew 89.41% and profit grew 118.87%, showing exceptional momentum.
• ROCE of 39.50% indicates strong capital efficiency and possible pricing power.
• Piotroski F-Score of 7/9 suggests decent financial health and earnings quality.
• PEG of 0.18 implies the growth rate is not fully reflected in the multiple.

Concerns

• Latest quarterly profit of ₹54 Cr annualises to only ~₹216 Cr, which sits uneasily against a ₹28,805 Cr market cap and the stated P/E of 18.26.
• Dividend yield of 0.03% means minority shareholders get almost no cash return.
• Missing disclosures—book value, ROE, debt/equity, promoter holding—prevent a proper balance sheet assessment.
• The 52-week range of ₹216 to ₹2,666.90 shows extreme speculative repricing in a short period.

AI Analysis

Let me begin with what I admire: 89.41% sales growth and 118.87% profit growth are numbers that would make any investor pause. A 39.50% ROCE suggests the business is deploying capital efficiently, and a Piotroski F-Score of 7 out of 9 points to reasonable earnings quality. At ₹2,666.90, the market capitalises Bondada at ₹28,805 crore. The stated P/E of 18.26 and PEG of 0.18 appear cheap if profit growth continues at triple digits. But Graham's first rule is to inspect the concrete evidence. The latest quarter shows net profit of ₹54 crore on revenue of ₹712 crore—a margin of about 7.6%. If I simply annualise that profit, I get roughly ₹216 crore, which would make the current market cap look very demanding. There is a contradiction between that quarterly number and the P/E I am told; I cannot ignore it. I also cannot evaluate the balance sheet properly because book value, return on equity, debt/equity and promoter holding are all missing. A 0.03% dividend yield leaves the minority shareholder entirely dependent on capital gains. The 52-week range—₹216 to ₹2,666.90—shows how violently the market has repriced this stock. FairStock calls it 'Steady,' but the chart is not steady. If Bondada can deliver full-year earnings that justify the multiple and retain its ROCE, it may become a wonderful compounder. Until then, I prefer a business I can value with my eyes open. Price is what you pay; value is what you get.

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