Accuracy Shippi. (ACCURACY)

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

Key Financials

Strengths

• Trades at ₹5.19 against book value of ₹8.16, giving a P/B of 0.64 and potential asset support.
• Promoter holding is high at 63.69%, aligning owner and minority interests.
• Latest quarter sales of ₹158 Cr are large relative to the ₹73 Cr market cap, suggesting the market has already priced in severe distress.
• ROCE is positive at 8.19%, indicating the capital base is not completely unproductive.

Concerns

• Sales growth is deeply negative at -38.03%, and profit growth is -28.87%, showing significant business contraction.
• Latest quarter net profit of only ₹1 Cr on ₹158 Cr of sales means extremely thin margins and no earnings cushion.
• Piotroski F-Score of 3/9 signals weak financial health and possible operating deterioration.
• Debt/equity of 1.12 with no dividend and a high P/E of 29.74 makes the risk profile unappealing.

AI Analysis

Let me examine Accuracy Shippi with the same yardstick I'd use for any business: can I understand it, does it earn decent returns on capital, and is the price sensible? This is a logistics solution provider, a business I can grasp, but the recent numbers are far from lovely. Sales have collapsed by 38% and profits are down nearly 29%. In the latest quarter, the company turned ₹158 Cr of sales into just ₹1 Cr of net profit — a razor-thin margin that gives no margin of safety for inefficiency or competition. The return on capital employed is 8.19%, below what I'd want from an enterprise that must compete for logistics contracts. Return on equity is not even meaningful, which tells me shareholders' earnings are negligible. Yet the balance sheet offers a glimmer. The stock trades at ₹5.19 against book value of ₹8.16, a P/B of 0.64. In an asset play, I ask whether that book value is real and whether management can eventually earn a decent return on it. With debt-to-equity at 1.12, the company is not debt-free, so book value is partly borrowed. The low Piotroski F-score of 3/9 reinforces that the financial health is weak: poor profitability, declining sales, and a fragile margin. Promoter holding of 63.69% is reassuring; owners' interests are tied to the minority shareholders. But no dividend means I must rely entirely on price appreciation and a turnaround. I would not call this a wonderful business. At best it's a cigar butt — cheap on book, unloved by the market. The high P/E of 29.74 is meaningless when earnings are so depressed. I need evidence that sales are stabilising, margins are improving, and debt is coming down before committing.

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