Piccadily Agro (PICCADIL)
Fast GrowerFairStock Score: 34/100 — RISKY
Score breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹641.9 |
| Market Cap | ₹6,327.17 Cr |
| P/E Ratio | 44.45 |
| ROCE | 22.68% |
| ROE | 22.17% |
| Dividend Yield | 0% |
| Profit Growth | 12.4% |
| Debt/Equity | 0.59 |
| Sales Growth | 17.4% |
| Promoter Holding | 68.62% |
| 52-Week Range | ₹515 — ₹809.7 |
| Sector | Beverages |
| Book Value | ₹93.13 |
Strengths
- High capital efficiency with ROE of 22.17% and ROCE of 22.68%.
- Strong growth momentum: sales up 51.58% and profit up 92.53%.
- Healthy latest quarter net margin of about 17.4% on ₹276 Cr sales and ₹48 Cr profit.
- Piotroski F-Score of 7/9 suggests solid fundamentals.
- Promoter holding of 68.62% aligns management with shareholders.
Concerns
- Expensive valuation: P/E of 41.66 and P/B of 10.16 leave little margin of safety.
- Zero dividend yield offers no income support for value investors.
- Debt/Equity is not disclosed, making leverage risk difficult to assess.
- FairStock Score of 43/100 indicates mixed overall fundamentals.
AI Analysis
At first glance, Piccadily Agro looks more like a growth story than a Graham value stock. The market capitalisation is ₹5,527 Cr, yet book value is only ₹61.52 per share, putting the stock at 10.16 times book. That is not cheap. A disciplined investor must demand exceptional economics to pay such a price. On that front, the numbers are impressive: return on equity is 22.17% and ROCE is 22.68%, showing management deploys capital well. Sales grew 51.58% and profit jumped 92.53%; the latest quarter net profit of ₹48 Cr on sales of ₹276 Cr translates to a healthy 17.4% net margin. The Piotroski F-score of 7/9 adds some confidence about financial strength. With a P/E of 41.66 and PEG of 0.58, the market is pricing in continued rapid expansion. If the company delivers those earnings, the valuation may be tolerable; if growth slows, the downside could be substantial. I would not rely on dividends here — yield is zero. Promoter holding at 68.62% is reassuring, but it also means minority shareholders are along for a closely-held ride. Debt/equity is not available, so I cannot fully assess leverage risk. As Buffett, I prefer businesses I can understand and buy with a margin of safety. Piccadily has quality and momentum, but at ₹624.75, after a range of ₹515.00 to ₹809.70, the margin of safety is thin. The FairStock Score of 43/100 reminds me to stay cautious. It is a fine fast grower, but not a classic Graham bargain.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer