BLT Logi. (544474)

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

Key Financials

Strengths

• ROCE of 31.56% indicates efficient use of capital despite the company's small size.
• Latest quarter shows continued profitability: ₹2 Cr net profit on ₹26 Cr sales, roughly a 7.7% margin.
• Trailing P/E of 10.93 is undemanding if earnings can stabilise.
• Market cap of only ₹17 Cr keeps the business small enough for potential niche agility.

Concerns

• Sales growth of -47.81% and profit growth of -56.77% show severe business shrinkage.
• Piotroski F-Score of 3/9 suggests weak overall financial health and poor fundamental momentum.
• Zero dividend yield means no cash return while waiting for a recovery.
• Lack of book value, debt/equity, and promoter holding data prevents a proper Graham-style margin-of-safety check.

AI Analysis

BLT Logi presents a puzzle. At ₹36.45, the entire company is valued at just ₹17 Cr. The trailing P/E of 10.93 implies net profit around ₹1.55 Cr, yet the latest quarter alone delivered ₹2 Cr net profit on ₹26 Cr sales. That discrepancy tells me earnings are lumpy and may have been much weaker in earlier quarters. The 47.81% drop in sales and 56.77% drop in profit are alarming; no amount of cheapness can compensate for a shrinking business. What I do like: ROCE of 31.56% is genuinely high, showing the company earns solid returns on the capital it uses. It is still profitable at the operating level, with a quarterly net margin around 7.7%. But the Piotroski F-Score of 3/9 is a warning—this is a company under financial stress, not one flourishing across multiple metrics. There is no dividend, so patience earns nothing while I wait. Worse, I have no book value, debt/equity, or promoter holding data—Graham would never buy something he cannot quantify. At P/E 10.93, the market is not asking much, but a very small ₹17 Cr market cap offers little cushion. I would not call it a fast grower or stalwart. It is a possible turnaround, but only if the next few quarters confirm that sales are stabilising. Until then, this is in the 'too hard' pile.

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