Super Iron (544381)

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

Key Financials

Strengths

• Revenue grew 186.16%, showing meaningful demand or order-book expansion.
• Absolute market cap of ₹80 Cr leaves room for significant upside if profitability develops.
• P/E of 19.67 on trailing earnings is optically reasonable, though earnings are collapsing.
• PEG of 0.11 superficially suggests cheap growth, though it conflicts with profit data.

Concerns

• Profit growth is -94.88% and latest quarterly net profit is ₹0 Cr; top-line growth is not converting to earnings.
• Piotroski F-Score of 3/9 indicates weak underlying financial health.
• ROCE is 0.00% and dividend yield is 0%; capital employed earns nothing and shareholders receive no income.
• Promoter holding, book value, and debt/equity data are missing, so valuation cannot be validated.

AI Analysis

At first glance, the 186.16% sales growth at Super Iron grabs my attention, but Graham taught me to look beyond revenue. A company that grows sales while profit falls 94.88%, and shows zero net profit in the latest quarter, is spending a lot to create no measurable shareholder value. The P/E of 19.67 may appear reasonable, but it is based on trailing earnings that are collapsing; when the latest quarter earns ₹0 Cr, backward multiples become unreliable. The Piotroski F-Score of 3 out of 9 reinforces my suspicion: the underlying financial health is poor, not improving. ROCE of 0.00% means the capital employed is earning nothing, and a zero dividend means the shareholder is not paid to wait. Without promoter holding, book value, or debt-to-equity figures, I cannot apply my usual margin-of-safety test. The PEG ratio of 0.11 is misleading; it appears to celebrate sales growth while ignoring near-zero earnings. Castings and forgings is a cyclical industry, and this looks like a low-quality cyclical upturn with no profit confirmation. At ₹80 Cr market cap, there is scope for a genuine turnaround if the huge revenue converts into margins, but evidence is missing. I need proof of pricing power, operating leverage, and honest capital allocation. Until I see improving ROCE and positive net profit over several quarters, this is not a business I would own. Graham said price is what you pay, value is what you get. Here, the price is small, but the value is unproven—and without data, I cannot assume it exists.

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