Premier (PREMIER)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 1/2 · Dividend: 0/1
Key Financials
| Current Price | ₹2.8 |
| Market Cap | ₹8.97 Cr |
| P/E Ratio | 0 |
| ROCE | 0% |
| ROE | 2.38% |
| Dividend Yield | 0% |
| Profit Growth | 9.09% |
| Debt/Equity | — |
| Sales Growth | -17.27% |
| Promoter Holding | 27.37% |
| 52-Week Range | ₹2.57 — ₹3.88 |
| Sector | Industrial Manufacturing |
| Book Value | ₹-113.3 |
Strengths
- Promoter holding of 27.37% shows some alignment and skin in the game
- Piotroski F-Score of 5/9 suggests modest financial health improvements
- Profit growth recorded at 8.85%, albeit from a very weak base
- Stock trades near its 52-week low of ₹2.62, limiting downside if revival occurs
Concerns
- Negative book value of ₹-111.26 indicates insolvency risk
- Zero sales in the latest quarter—no revenue generation
- Net loss of ₹2 crore continues to erode shareholder value
- No dividend, no ROCE, and inadequate data for a credible valuation
AI Analysis
When I look at Premier, the first thing I ask is: what does this business actually do? The latest quarter shows sales of ₹0 crore. Zero. And a net loss of ₹2 crore. That is not a business; that is a shell burning cash. With a book value of ₹-111.26 per share, liabilities exceed assets by a wide margin. In Graham’s terms, this is not an investment—it is a speculation. The price is ₹2.95, but a negative book value means you are buying a pile of obligations, not assets. The market cap is ₹9 crore, small enough for a promoter or a new investor to revive, but there is no evidence of a working engine. Profit growth of 8.85% is meaningless from a loss-making base, and ROCE is zero. The Piotroski F-score of 5/9 hints at some financial improvement, but that is cold comfort when revenues are nil. I cannot value a company with no earnings, no sales, and negative equity. The promoter holding of 27.37% is a positive sign—they have something to lose—but it is not enough. As Buffett says, turnarounds rarely turn. I would need to see actual sales, a credible path to positive equity, and a management with a clear plan before I would even call this a business. Right now, this is a distressed ticket, not a value investment. My rule: avoid what you cannot analyze, and never confuse a falling knife with a bargain.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer