Quadpro ITeS (QUADPRO)

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

Key Financials

Strengths

• Promoter holding of 65.93% indicates strong owner alignment with public shareholders.
• Market cap of ₹12 Cr leaves room for meaningful upside if a genuine turnaround takes hold.
• Latest quarter sales of ₹3 Cr show the business still has an operating revenue base, albeit small.
• Stock is near the lower end of its 52-week range of ₹1.85–₹3.45, so downside from here may be limited if fundamentals stabilise.

Concerns

• Sales growth of -24.28% and profit growth of -42.50% show severe operational deterioration.
• Latest quarter net profit of ₹0 Cr means the company is barely breaking even or making no profit at all.
• ROCE of only 4.25% is far below what an investor should expect from a quality business.
• Piotroski F-Score of 3/9 signals weak financial health, and a P/E of 24.74 is expensive for a declining earnings base.

AI Analysis

Quadpro ITeS is exactly the kind of business Graham would tell me to measure twice before touching. At ₹1.90, the market capitalises the entire company at ₹12 Cr. That sounds tiny, but small isn't value. The income statement is heading in the wrong direction: sales are down 24.28% and profits have fallen 42.50%. The latest quarter shows sales of ₹3 Cr and net profit of ₹0 Cr—meaning at the operating level, there is barely enough to reward shareholders. At a P/E of 24.74, I am being asked to pay roughly 25 times earnings for a business whose earnings are contracting, not expanding. That fails my margin-of-safety test. The quantitative scorecard does not help. Piotroski F-score is 3/9, a weak signal of financial strength. ROCE is only 4.25%, far below what a quality compounder should earn. There is no dividend, so patience is not being paid while I wait. Book value and debt-to-equity are unavailable; in Graham's language, what is not disclosed may matter more than what is disclosed. Without that data, I cannot know whether the assets support the price. Promoter holding of 65.93% is the one bright spot, aligning owners with public shareholders, and the shares are near the lower end of the 52-week range. But a falling knife near its low is not automatically cheap. This looks like a small, deteriorating ITeS business that may one day turn around, but today it is a speculation, not an investment. I need evidence of stabilised sales, positive quarterly profit, and much better returns on capital before I commit a rupee.

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