Net Avenue (CBAZAAR)

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

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Looking at Net Avenue, I am reminded that in e-commerce, revenue without profits is just postponement. The latest quarter shows ₹12 Cr of sales but a net loss of ₹1 Cr. Over a year, that is no earnings to value, hence the meaningless P/E of 0.00. My first test is profitability: ROCE is -43.93%, destroying capital. Sales are shrinking 17.56% year-on-year, which tells me the business is not gaining traction. The reported profit growth of 46.85% is misleading without context; it still ends in a loss. There is no moat here. E-retail in India is a brutal competitive arena with giants and deep-pocketed players. A microcap with ₹10 Cr market cap and promoter holding of just 33.28% gives little margin of safety. Piotroski F-Score of 5/9 is mediocre, not a sign of financial strength. On valuation, the market cap is only ₹10 Cr against quarterly sales of ₹12 Cr, but cheap sales mean nothing if losses continue and cash burns. I would need evidence of a clear path to profitability, stabilizing sales, and better capital allocation. This is not a business I can confidently call a wonderful compounder. It might be an early turnaround, but I prefer to wait until the numbers prove the turn. As Graham said, price is what you pay, value is what you get; here, I don't yet see intrinsic value emerging from these figures.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

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