SKP Bearing (SKP)

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

Key Financials

Strengths

• High promoter holding of 74.90% aligns management with minority shareholders.
• ROCE of 11.96% shows some degree of operating capital efficiency.
• Price near the low end of the 52-week range suggests expectations are already subdued.
• Latest quarter sales of ₹25 crore with only a ₹1 crore loss indicates the revenue base is intact.

Concerns

• Piotroski F-Score of 3/9 signals weak financial health.
• P/E of 50.85 is unjustified with zero growth and a latest-quarter net loss.
• Sales growth and profit growth are both 0.00%, leaving no visible growth catalyst.
• Missing book value, ROE, and debt/equity data prevent a proper margin-of-safety check.

AI Analysis

At ₹150.10, SKP Bearing has fallen from ₹238, and the market may say it is cheap. But cheap can be a trap. The latest quarter shows sales of ₹25 crore and a net loss of ₹1 crore. A business losing money in the latest quarter does not deserve a P/E of 50.85. That is not value; it is hope. With sales growth and profit growth both at 0.00%, there is no fundamental engine pushing intrinsic value forward. Graham would demand a margin of safety; I see none here. ROCE of 11.96% is not terrible, but book value and ROE are not disclosed, so I cannot verify the quality of capital. The Piotroski F-Score of 3/9 is a warning bell; financial health is weak. On the positive side, promoter holding at 74.90% is high, which aligns owners with minority shareholders. Debt and equity details are missing, so I cannot judge solvency risk fully. Bearings and abrasives are cyclical, and SKP may be near a cyclical low, but a cycle recovers only when demand returns and management preserves capital. A 0.68% dividend gives little comfort while waiting. I would need to see a return to sustainable profit, positive cash flow, and honest disclosure of book value and leverage before I can call this an investment. Until then, this is speculation on a small-cap, high-P/E, no-growth business. My rule: when the numbers are this thin, I pass.

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