Kore Digital (KDL)
CyclicalScore breakdown: P/E: 3/3 · ROCE: 2/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹159.65 |
| Market Cap | ₹160.58 Cr |
| P/E Ratio | 3.32 |
| ROCE | 45.01% |
| ROE | —% |
| Dividend Yield | 0% |
| Profit Growth | 0% |
| Debt/Equity | — |
| Sales Growth | 0% |
| Promoter Holding | 63.05% |
| 52-Week Range | ₹84.05 — ₹250 |
| Sector | Telecom - Services |
Strengths
- ROCE of 45.01% indicates strong capital efficiency if reported figures are reliable.
- P/E of 3.32 is optically cheap with latest quarter net profit of ₹11 Cr on sales of ₹101 Cr.
- Promoter holding of 63.05% aligns promoter interests with minority shareholders.
Concerns
- Piotroski F-Score of 3/9 signals weak financial quality and multiple red flags.
- Book value, ROE, and debt/equity are not available, making the balance sheet and solvency impossible to assess.
- Sales growth and profit growth are both 0.00%, indicating stagnation rather than momentum.
- No dividend and sharp 52-week price swings from ₹321 to ₹84 suggest speculative, not investment-grade, behavior.
AI Analysis
At first glance, a P/E of 3.32 at ₹159.65 with a market cap of ₹161 Cr looks like a Graham special. But the old rule is: cheap can be a trap. Kore Digital earns good reported profits—₹11 Cr on ₹101 Cr sales in the latest quarter, roughly an 11% net margin—and ROCE of 45.01% is outstanding. Yet I cannot evaluate the balance sheet: book value, ROE, and debt/equity are all N/A. In my world, if you don't know what the company owns and owes, you don't know what the equity is worth. The Piotroski F-Score of 3/9 reinforces that caution; this is not a financially healthy company by quantitative standards. Sales growth and profit growth are both 0.00%, so this is not a growth story. The zero dividend is another black mark—I like companies that pay me while I wait. Promoter holding of 63.05% is positive; owners have skin in the game. The 52-week range of ₹84.05 to ₹321.00 shows volatility and possible speculation. I would not be seduced by the low P/E alone. Without visible book value or a clean balance-sheet check, and with weak Piotroski scores, the margin of safety is imaginary. This looks like a cyclical telecom-infrastructure business with excellent current returns that may not be sustainable. If network rollout spending slows or clients cut back, a high-ROCE business can quickly show low earnings. I need consistency, not optical cheapness. I'll wait for more data and a simpler balance sheet.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer