GB Logistics (544348)

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

Key Financials

Strengths

• Extremely low valuation: P/E of 2.36 and PEG of 0.02 with market cap of just ₹32 Cr versus quarterly net profit of ₹7 Cr.
• High ROCE of 28.20% indicates efficient use of capital.
• Strong growth: sales up 33.99% and profit up 180.63%.
• Piotroski F-Score of 7/9 suggests healthy financial fundamentals.
• Latest quarter shows operating leverage: ₹68 Cr sales converting to ₹7 Cr net profit.

Concerns

• Critical data missing: no promoter holding, book value, or debt-to-equity ratio disclosed.
• Micro-cap with ₹32 Cr market cap, likely illiquid and prone to price manipulation.
• Logistics is a competitive, capital-intensive industry with unclear moat.
• 180% profit growth may be cyclical or one-off; sustainability is unproven.
• Zero dividend yield means return depends entirely on capital appreciation.

AI Analysis

At first glance, this looks like the kind of statistical bargain Graham would circle in the stock table. A P/E of 2.36 and a PEG of 0.02 suggest the market is paying nothing for GB Logistics' growth. The trailing figures show a business on a tear: sales up nearly 34%, profits up 180%, and ROCE at a healthy 28.2%. The latest quarter alone threw off ₹7 crore in net profit against ₹68 crore revenue. With a market cap of only ₹32 crore, the entire company is being valued at well under its annualised earnings power. That is a classic margin of safety. But I must pause. In logistics, margins and returns can be cyclical, and a 180% profit jump from a small base is not the same as durable compounding. There is no promoter holding data, no book value, no debt-equity ratio in front of me. That worries me. I am being asked to invest in a ₹32-crore microcap with window dressing of numbers but missing governance and balance-sheet clarity. A Piotroski score of 7 out of 9 does suggest financial strength, but it is not a substitute for reading the annual report and understanding the competitive moat. What exactly protects its margins? Logistics in India is brutally competitive, with large organised players and countless regional operators squeezing pricing power. I would not dismiss it outright. The market may be inefficiently pricing a small, fast-growing operator. But I need more: consistent quarterly numbers, debt levels, cash conversion, and promoter skin in the game. Without that, this is a speculative fast grower, not a foundational holding.

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