Simplex Infra (SIMPLEXINF)
TurnaroundFairStock Score: 25/100 — RISKY
Score breakdown: P/E: 1/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1
Key Financials
| Current Price | ₹250.1 |
| Market Cap | ₹1,978.17 Cr |
| P/E Ratio | 48.1 |
| ROCE | -0.05% |
| ROE | 33.21% |
| Dividend Yield | 0% |
| Profit Growth | 196.31% |
| Debt/Equity | 1.68 |
| Sales Growth | -7.54% |
| Promoter Holding | 35.99% |
| 52-Week Range | ₹137 — ₹318 |
| Sector | Construction |
| Book Value | ₹22.89 |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
When I look at Simplex Infra, I see a business that demands caution. The headline ROE of 33.21% looks tempting, but with ROCE at -0.05% and debt-to-equity of 1.97, these earnings are not coming from operational strength. They are inflated by leverage and a thin equity base. Book value is just ₹22.89, yet the stock trades at ₹225.05 — a P/B of 9.83. You are paying a rich price for a cyclical construction company. Profit growth of 170.38% sounds spectacular, but on what base? The latest quarter shows net profit of only ₹8 Cr on sales of ₹248 Cr — a thin margin. Sales growth is just 7.8%, so this is not a steady compounder. The P/E of 29.91 offers no margin of safety. The Piotroski score of 6/9 gives some comfort, but negative ROCE and zero dividend are red flags. Promoter holding at 35.99% is moderate, not commanding. In construction, order books and execution matter more than financial engineering. I would wait for debt to fall and ROCE to turn positive before even putting this on my watchlist. For now, this is a cyclical, not a stalwart.
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Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer