GLEN Industries (544444)

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

Key Financials

Strengths

• Low P/E of 9.94 implies an earnings yield above 10%.
• ROCE of 20.42% shows efficient use of capital.
• Latest quarter net margin around 8.3% with ₹8 Cr profit on ₹96 Cr sales.
• Sales growth of 13.57% indicates continuing demand for the company's packaging products.

Concerns

• Profit growth is negative at -2.24% despite sales growth, suggesting margin pressure.
• Piotroski F-Score of 4/9 signals weak or deteriorating financial health.
• Zero dividend yield means no income cushion; shareholder returns depend entirely on capital gains.
• Critical data like book value, ROE, debt/equity, promoter holding, and 52-week range are missing, limiting the margin of safety assessment.

AI Analysis

Let me look at GLEN Industries the way Graham taught me: price, earnings, and the hard evidence of financial health. At ₹74.50, the market cap is ₹179 crore, and the P/E is 9.94. That means I am paying less than ten times earnings—roughly a 10% earnings yield. That is not expensive. ROCE of 20.42% also tells me the business generates decent returns on the capital employed. But the story weakens quickly beyond those two numbers. Sales grew 13.57%, yet profits fell 2.24%. In the latest quarter, sales were ₹96 crore and net profit ₹8 crore, a net margin near 8.3%. If that margin is sustainable, fine; but falling annual profit while revenue rises suggests pricing pressure, rising costs, or a change in product mix. I cannot ignore that. I also have a Piotroski score of 4 out of 9. A score like that does not point to a strongly improving financial position. It makes me doubt whether the low P/E is a bargain or a trap. The PEG ratio of 0.73 is tempting, but when profit is shrinking, I have to question whether the growth denominator is honest. Book value, ROE, debt-equity, and promoter holding are all unavailable. Graham would refuse to pass judgement without these. Zero dividend yield means the return depends entirely on future capital gains, so management must allocate capital well. I cannot verify that with the data provided. So what do I have? A small, capital-efficient packaging company at a low multiple, with moderate revenue growth and a concerning profit decline. It could be a cyclical stock at the wrong point in the cycle, or a value opportunity if margins stabilise. I would not buy without more numbers; this one stays on the watchlist until the balance sheet and cash-flow picture become clear.

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