NDL Ventures (NDLVENTURE)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹127.46 |
| Market Cap | ₹429.18 Cr |
| P/E Ratio | 472.07 |
| ROCE | 1.69% |
| ROE | 1.5% |
| Dividend Yield | 0.39% |
| Profit Growth | -57.1% |
| Debt/Equity | — |
| Sales Growth | 0% |
| Free Cash Flow | ₹-1,32,536.25 Cr |
| Promoter Holding | 66.2% |
| 52-Week Range | ₹80 — ₹140 |
| Sector | Finance |
| Book Value | ₹19.54 |
Strengths
- Promoter holding is high at 66.20%, providing ownership alignment.
- Piotroski F-Score of 6/9 suggests some moderate financial health signals.
- Reported profit growth of 228.57% shows positive momentum from a very low base.
Concerns
- Latest quarter sales and net profit are both ₹0 Cr, so there is no current operating earnings engine.
- P/E of 436.33 and P/B of 6.78 are far too rich for a company earning just 1.50% ROE.
- Free cash flow is reported at -₹1.33 lakh Cr; even if it is a data anomaly, it cannot be ignored.
- Sales growth is 0% and dividend yield is only 0.43%, so minority shareholders are not being rewarded while waiting.
AI Analysis
At first glance, NDL Ventures looks like the kind of small financial services company I would normally study for hidden assets. But these numbers do not support paying ₹119.16. The price is 6.78 times book value of ₹17.58, and trailing earnings at a P/E of 436.33 are extraordinarily rich. The latest quarter reports ₹0 Cr sales and ₹0 Cr net profit; this is not a business generating current earnings. ROE is just 1.50%, and ROCE is 1.69%—far below what a shareholder can earn in a risk-free bond. Profit growth of 228.57% sounds exciting, but with zero sales growth it is probably a low-base or one-off event, not valuable compounding. I also see free cash flow reported at -₹1.33 lakh Cr; if accurate, this would be catastrophic. Perhaps it is a data error, but in investing I do not build castles on questionable numbers. Promoter holding at 66.20% gives some comfort on ownership alignment, and dividend yield of 0.43% is negligible. The Piotroski score of 6/9 is mediocre. A Graham investor demands margin of safety: a stock trading far above tangible book with no earnings and no cash conversion offers none. This is a speculation, not an investment. Unless the company can show me growing net income from actual operations, positive free cash flow, and a reasonable price-to-book, I will pass. Value is invisible when earnings are zero and you are paying nearly seven times assets. There is no moat visible here, no earning power, and no margin of safety.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer