Indifra Ltd (INDIFRA)

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

Key Financials

Strengths

• Promoter holding at 67.56% aligns interests with public shareholders.
• Latest quarter revenue of ₹3 Cr shows the business still has some operating activity.
• Net profit of ₹-0 Cr suggests the most recent loss is marginal, not deeply negative.
• Market cap of ₹10 Cr means even modest operational improvement could have an outsized per-share impact.

Concerns

• Sales growth collapsed by 72.77% and profit growth fell 148.15%.
• ROCE of just 0.11% shows negligible return on capital employed.
• Piotroski F-Score of 3/9 indicates weak financial health.
• Missing book value, debt/equity, and ROE data, combined with a ₹10 Cr market cap, makes the stock highly opaque and speculative.

AI Analysis

At ₹12.40, Indifra capitalizes at just ₹10 crore. That is microcap territory, and my first rule is to avoid businesses I cannot understand or value. The numbers here fail every screen I use. Sales growth is minus 72.77%; profit growth is minus 148.15%. Latest quarter revenue of ₹3 crore with a net profit of roughly zero sounds stable only because the business has already collapsed. With ROCE of 0.11%, the company is earning almost nothing on capital. A Piotroski F-score of 3 out of 9 reinforces the picture of deteriorating financial health. There is no dividend, no book value disclosed, no debt-to-equity data—so I cannot even estimate a margin of safety. P/E of 0.00 is not a bargain signal; it is a sign earnings are absent or non-meaningful. The only positive is promoter holding at 67.56%, which aligns owners with public shareholders. But high promoter ownership does not change economics: a gas transmission/marketing company with collapsing sales and negligible returns has no moat. In Graham's language, this is a speculative microcap, not an investment. The price is near the 52-week low of ₹11.70, but a cheap price without a balance sheet and earnings is a trap. I need to see revenue stabilize, positive operating leverage, and credible audited numbers before even considering it. As Buffett says, it is far better to buy a wonderful company at a fair price than a poor company at a wonderful price. This does not qualify.

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