Naga Dhunseri (NDGL)

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

Key Financials

Strengths

• Promoter holding of 73.58% strongly aligns management with minority shareholders.
• Latest quarter revenue of ₹138 Cr against a ₹259 Cr market cap gives the business a meaningful revenue engine, if sustained.
• Sales growth of 7,032.64% indicates a major expansion or new business line, which may create operating leverage from a small base.
• Current price is about 39% below the 52-week high of ₹4,357.40, reducing the risk of paying an extreme speculative price.

Concerns

• Latest quarter net loss of ₹11 Cr and profit growth of -173.77% show deteriorating profitability.
• ROCE of 1.37% is far too low for an NBFC and suggests poor return on capital employed.
• Missing book value, ROE and debt/equity data limit the ability to assess leverage and financial risk.
• Piotroski F-Score of 4/9 points to weak financial health, and the 0.10% dividend yield gives negligible downside support.

AI Analysis

Let me look at the numbers as a business owner would. Naga Dhunseri is a small NBFC with a market cap of ₹259 Cr and a share price of ₹2,668.40. A 25.69 P/E is not obviously cheap, and 25.69 times earnings becomes hard to justify when the latest quarter shows a net loss of ₹11 Cr on revenue of ₹138 Cr. Profit growth of -173.77% is a warning bell: earnings are shrinking, not compounding. The headline sales growth of 7,032.64% looks exciting, but when the base is tiny, percentages can mislead. What matters is whether the revenue is durable and profitable. Here, the ROCE is just 1.37%, which is far below what an NBFC needs to survive after borrowing costs and operating expenses. In a lending business, capital efficiency and leverage are central, yet I am given no book value, no ROE and no debt/equity ratio. That makes it difficult for me to assess any margin of safety. The Piotroski F-Score of 4/9 reinforces my caution; the company receives low marks for operational and balance-sheet health. On the positive side, promoter holding is 73.58%, so the owners are still very much inside the business, and the stock has fallen from ₹4,357.40 to ₹2,668.40, which removes some of the earlier froth. But a falling price is not the same as a bargain. A 0.10% dividend yield means I am not being paid to wait while the story plays out. As Graham would say, price is what you pay, value is what you get. I do not yet see value here. I need to see the revenue surge converted into positive net profit, a higher ROCE and transparent balance-sheet data. Until then, this is a turnaround speculation, not a value investment.

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