Cura Tech. (CURAA)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹71.35 |
| Market Cap | ₹70.64 Cr |
| P/E Ratio | 0 |
| ROCE | -10.69% |
| ROE | -61.93% |
| Dividend Yield | 0% |
| Profit Growth | 108% |
| Debt/Equity | 0.95 |
| Sales Growth | -65.8% |
| Promoter Holding | 75.2% |
| 52-Week Range | ₹63.55 — ₹235.2 |
| Sector | IT - Software |
| Book Value | ₹0.4 |
Strengths
- Promoter holding of 75.20% is high, so owner interest is aligned with the company.
- Debt/Equity of 0.55 is not extreme on an absolute basis, though equity is very thin.
- A Piotroski F-Score of 5/9 suggests balance sheet stress is not at maximum, but is not a green flag.
- The stock is 68% below its 52-week high, so much of the speculative enthusiasm has already unwound.
Concerns
- Latest quarter has sales of ₹0 Cr and net profit of ₹0 Cr, so there is no operating business today.
- Valuation is indefensible: P/B is 266.88 against book value of ₹0.40, and P/E is meaningless at 0.00.
- ROE of -61.93% and ROCE of -10.69% show continuing destruction of shareholder capital.
- Dividend yield is 0.00%, so any return depends purely on price speculation, not fundamentals.
AI Analysis
When I look at Cura Tech, I think of Graham's warning: price is what you pay, value is what you get. Here, the price is ₹106.75 and the market cap is ₹85 crore, but what does the business give me? The latest quarter shows sales of ₹0 crore and net profit of ₹0 crore. That is not a company; it is a placeholder. A P/E of 0.00 is not a bargain multiple; it is an admission that there are no earnings to measure. The P/B of 266.88 versus book value of ₹0.40 means the market is paying 267 times for a tiny asset base. ROE is -61.93% and ROCE is -10.69%, so the existing capital is being destroyed. Debt/Equity of 0.55 might look modest, but with a book value of ₹0.40, the cushion is almost nonexistent. The 108% profit growth is mathematically irrelevant because current profits are zero; zero growth in sales confirms there is no operating engine. Promoter holding of 75.20% is the only positive, but even a majority owner cannot turn no revenue into intrinsic value. The stock has fallen from ₹337 to ₹106.75; that is the market swinging from greed to despair, not an opportunity. A Piotroski score of 5/9 is not enough. I need a business with earnings, a moat, and margin of safety. Cura Tech offers none. This is speculation, not investing. I will pass.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer