Auri Grow India (AURIGROW)

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

Key Financials

Strengths

• Price is at 34% of stated book value (P/B 0.34; BV ₹1.09), offering a deep asset-backed margin of safety if book value is genuine.
• Low debt/equity of 0.14 means limited balance sheet leverage and lower insolvency risk.
• Positive ROCE of 7.95% suggests the existing asset base earns a modest return even with negligible revenue.

Concerns

• Promoter holding is 0.00%, signalling a severe lack of insider ownership and governance red flag.
• Sales growth is -100% and latest quarter sales are ₹0 Cr; the operating business has stopped generating revenue.
• Profit growth is -110.75% with latest net profit at -₹0 Cr; earnings have turned negative/collapsed.
• Piotroski F-Score of 3/9 and unavailable ROE indicate poor financial health and unreliable fundamental data.

AI Analysis

I cannot call Auri Grow India a business in the usual sense. At ₹0.37, the ₹38 Cr market cap is only 34% of the stated book value of ₹1.09 per share. That looks like a Graham-style margin of safety. But value investing is not just buying cheap; it is buying cheap for a reason. The reason is visible: latest quarter sales are ₹0 Cr, sales growth is -100%, and profit growth is -110.75%. A company with no revenue has no moat, no pricing power, no earnings engine. The P/E of 11.49 is unreliable because it sits on negligible or distorted earnings instead of durable earning power. Financial health is weak: ROE is not available, ROCE is only 7.95%, and the Piotroski F-Score is 3/9. The one comfort is low leverage—debt/equity of 0.14—but that does not make a dead operating company attractive. The biggest red flag is zero promoter holding. No insider has capital at risk. Dividend yield is zero, so there is no income while I wait. Graham would say the only possible justification is the asset base. At a 66% discount to book, the market is pricing in asset impairment, continued losses, or poor capital allocation. I cannot manufacture a growth story from a -100% sales decline. This is an asset play, not a franchise. I would need independent verification that the book value is real—receivables, inventory, fixed assets, and liabilities—and some sign of promoter commitment before I use my own money. Until then, cheapness is not enough.

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