Jayesh Logistics (JAYESH)

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

Key Financials

Strengths

• High ROCE of 31.21% suggests efficient use of capital.
• Sales growth of 32.37% shows solid business expansion.
• Piotroski F-Score of 7/9 indicates reasonable financial health.
• Low P/E of 11.23 on a small-cap logistics player looks optically cheap.
• Promoter holding of 71.22% aligns majority-owner interests with minority shareholders.

Concerns

• No book value, ROE, or debt-to-equity data makes balance sheet risk impossible to assess.
• Profit growth of 544.59% is likely a low-base effect and not a sustainable rate.
• Zero dividend yield means no cash return while waiting for growth.
• Tiny ₹126 Cr market cap and thin float due to 71% promoter holding can cause sharp volatility.

AI Analysis

I have learnt that price is what you pay, value is what you get. At ₹171 with a ₹126 Cr market cap and a trailing P/E of 11.23, Jayesh Logistics initially looks interesting. A 31.21% ROCE and 32.37% sales growth show a small operator putting capital to productive use. The Piotroski score of 7/9 also points to decent financial health. But I cannot ignore what is missing: no book value, no ROE, no debt-equity ratio. Graham would insist on understanding a company's balance sheet before trusting its income statement. Profit growth of 544.59% is exciting but dangerous; it often reflects a low base effect, not a durable compounding rate. The latest quarter net profit of ₹5 Cr on sales of ₹59 Cr implies roughly 8.5% margins, which is respectable, but one quarter does not make a quality business. With no dividend, my return depends entirely on future earnings growth and eventual market recognition. A P/E of 11.23 and PEG of 0.04 appear cheap, but a PEG built on a 544% growth number is almost meaningless. The 71.22% promoter holding is good for alignment, yet it also leaves a thin float and higher volatility. Logistics is a competitive, cyclical industry; moats are often shallow. This is a potential fast grower, but I need audited balance sheets, cash flow trends, and evidence that the growth is funded without excessive leverage. If these fundamentals hold, the current price may offer a margin of safety. Until then, I would keep it in my 'too-hard' basket.

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