TSC India (TSC)

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

Key Financials

Strengths

• P/E of 9.82 with 26% profit growth gives a PEG of 0.35, an inexpensive combination
• ROCE of 22.03% shows efficient use of capital
• Sales growth of 30.83% and latest quarter sales of ₹16 Cr with net profit of ₹3 Cr indicate strong momentum
• Promoter holding of 64.68% keeps management aligned with minority shareholders
• Piotroski F-Score of 7/9 suggests decent financial health

Concerns

• No book value, ROE, or debt/equity data available, leaving balance-sheet risk unclear
• No dividend yield; total return depends entirely on capital appreciation
• Travel-related services are cyclical and competitive, with no clear moat visible from the data
• Small ₹51 Cr market cap and 52-week range of ₹25.25–₹57.10 imply volatility and liquidity risk

AI Analysis

At ₹35, TSC India is a tiny travel-related service company, with a market capitalisation of just ₹51 crore. This is the kind of small, understandable business I like to examine. The trailing P/E is 9.82, and with profit growth of 26% and sales growth of 30.83%, the PEG ratio of 0.35 tells me Mr. Market is paying very little for this growth. ROCE at 22.03% is far better than I would expect from a run-of-the-mill travel agency. Promoter holding at 64.68% gives me comfort that the people running the ship own a meaningful slice of it. The latest quarter shows sales of ₹16 crore and net profit of ₹3 crore, so the momentum appears real. A Piotroski F-score of 7 out of 9 adds a point in favor of financial discipline. But I must be honest: there are holes. No book value, no ROE, no debt-equity ratio—so I cannot fully assess balance-sheet risk. The company pays no dividend, so my return depends entirely on future growth and eventual market recognition. Travel services can be cyclical and intensely competitive; I do not yet see a wide moat. The 52-week range of ₹25.25 to ₹57.10 reminds me this stock will not be a smooth ride. And with a ₹51 crore market cap, it is small, so liquidity matters. Would I buy the whole business at ₹51 crore? Perhaps, if the growth persists and the balance sheet is clean. At this price, the margin of safety seems decent, but I would want more data before writing a serious cheque. Good things are here, but good things must be proven over time.

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