On Door Concepts (ONDOOR)

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

Key Financials

Strengths

• Attractive valuation: P/E of 10.65 and PEG of 0.53 against 27.69% profit growth.
• Piotroski F-Score of 7/9 suggests solid financial health and good operational signals.
• Profit growth is outpacing sales growth (27.69% vs 12.42%), indicating margin expansion or operating leverage.
• Latest quarter sales of ₹136 Cr and net profit of ₹4 Cr show meaningful scale relative to the ₹92 Cr market cap.

Concerns

• ROCE of only 7.86% reflects weak capital efficiency and limits the quality-compounder case.
• Promoter holding of 35.53% is modest for a micro-cap, raising governance and alignment concerns.
• No dividend yield means shareholders receive no income while waiting for growth to play out.
• Missing book value, ROE and debt/equity data make a complete Graham-style risk assessment difficult.

AI Analysis

At ₹158.85, On Door Concepts is a small retail micro-cap priced at 10.65 times trailing earnings. Mr. Market is offering a PEG of 0.53 against 27.69% profit growth—that is cheap. But cheap only matters if the underlying business is decent. A 7.86% ROCE tells me this is not a high-return franchise; it earns a mediocre return on capital, which limits compounding. Sales grew 12.42%, while profits grew 27.69%, suggesting margin improvement, but I need to see whether that is durable or just a favorable period. The latest quarter shows ₹136 Cr sales and ₹4 Cr net profit, yet with a market cap of ₹92 Cr and a P/E of 10.65, trailing earnings are roughly ₹8.6 Cr—so the earnings stream is not yet smooth and predictable. The Piotroski F-Score of 7/9 is encouraging; it hints at good financial health. But I cannot compute book value, return on equity, or debt-equity from the available data, and that bothers me. In the Graham tradition, I demand a margin of safety in both price and financial strength. Promoter holding of 35.53% is on the lower side for an Indian micro-cap; I like owners with more skin in the game. With zero dividend, the investor's only return is business growth and eventual re-rating—fine if growth is real, unforgiving if it slows. The stock has fallen from ₹285 to ₹158.85, so some disappointment is priced in. If management can push ROCE above 10% and keep profit growth ahead of sales, this could be an interesting fast grower. For now, it is a watchlist candidate, not a conviction buy.

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