Sector Alpha Week of 2026-07-31
Sector Alpha — machine-written from the numbers · Data as of 2026-07-31

A-1 Ltd

A1L
Trading

A-1 Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

The sharpest disagreement: annual EPS moved +300.0% against a +79.7% price move — the market has not yet caught up with the delivery.

The price is in a confirmed uptrend (65 weeks in) while the P/E sits at the 92nd percentile of its own 7-year range. Underneath, the last four quarters read deteriorating — profit −4.0% year on year, and 211% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.

Stage
Deteriorating
partial read
Price
₹20.6
+79.7% 1Y
P/E
383.0×
92nd pctile
of its own 7-year range
Revenue (Dec 25)
₹69.8 Cr
−6.1% YoY
Profit (Dec 25)
₹1.0 Cr
−4.0% YoY
Operating margin
2.9%
−1.0 pp YoY
ROCE
11%
FY25
Cash conversion
211%
of profit, last 3 FY
Unverified figures: Some figures on this page come from a second financial-data feed that could not be cross-checked against the primary source — the two do not share enough overlapping reported history to compare. They are drawn, because they are the only evidence there is, and every section carrying one is marked unverified.
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

A-1 Ltd trades at ₹20.6, in a confirmed uptrend and 65 weeks into that stage. That is −30.2% against its own 200-day average. It sits at 15% of a 52-week range of ₹11 to ₹70. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (6 weeks and counting).

Today the stock is in a confirmed uptrend — week 65 of stage 2, confirmed. At ₹20.6 it trades −30.2% versus its 200-day average and sits at 15% of its 52-week range (₹11–₹70).

Mar 26: ₹20.6 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
−30.2% versus the 200-day line, week 65 of stage 2
Price50-day avg200-day avg
S2S4S2₹75.5₹57.2₹39.0₹20.7₹2.4₹21₹30Mar 23Dec 23Aug 24May 25Mar 26
S2S4S2₹75.5₹57.2₹39.0₹20.7₹2.4₹21₹30Mar 23Aug 24Mar 26
Beating or trailing, week by week since 2018 Each cell is one week from 2018 to now (381 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Oct 18Mar 26

Against the market, two honest reads. Cumulative: over the last 7.4 years the stock moved +1,436% while the NIFTY 500 moved +157% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (6 weeks and counting; last ahead the week of 2026-01-23) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

A-1 Ltd trades at 383.0× P/E, at the pricey end of its own range (92nd percentile). Its long-run median P/E is 74.0×, measured across 7.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 383.0× is at the pricey end of its own range (92nd percentile), against a long-run median of 74.0× measured over 7.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/E 383.0× vs a 74.0× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 7.4-year window; loss-period spikes above 222× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
at the pricey end of its own range (92nd percentile)
P/EMedianEPS (TTM) (quarterly)
238.7×₹0.17179.1×₹0.13119.4×₹0.0959.7×₹0.040.0×₹0.00×222.00×₹0Oct 18Sep 20Jul 22May 24Mar 26
238.7×₹0.17179.1×₹0.13119.4×₹0.0959.7×₹0.040.0×₹0.00×222.00×₹0Oct 18Jul 22Mar 26
P/E
383.0×
92nd percentile of 7y

Why the multiple sits where it does: over the past year annual EPS moved +300.0% against a +79.7% price move — earnings outran the price, pushing the multiple DOWN its own range.

The price move, decomposed: over 5y, of the +64.5%/yr price move, ~+20.1%/yr came from earnings growth and ~+44.4 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

03 · Stage: Deteriorating

Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

A-1 Ltd reads as deteriorating on its fundamental arc. Deteriorating — revenue and profit growth are shrinking (revenue growth −6.1% latest (single-quarter readings) against +78.0% at its 12-quarter best), ROCE holding at 11.0%. The read is built from 9 quarters across 3 curves, on partial evidence.

Growth, year by year: revenue +56.9% in FY25, profit +300.0% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn. Turnaround-year spikes shown pinned (▲).
Revenue YoYProfit YoYEPS YoY
126%331%82%218%39%105%−4.8%−8.7%−48%−122%%%56.9%300%FY15FY20FY25
126%331%82%218%39%105%−4.8%−8.7%−48%−122%%%56.9%300%FY15FY20FY25
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. Base-effect spikes shown pinned (▲). A missing point means that reading is not held for the quarter.
the trajectory the stage is read from · revenue rolling over, profit rolling over
RevenueProfitEPS
90%331%53%218%16%104%−21%−10%−57%−124%%%−6.1%−4%−37.5%Mar 23Jun 24Dec 25
90%331%53%218%16%104%−21%−10%−57%−124%%%−6.1%−4%−37.5%Mar 23Jun 24Dec 25
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
16%13%9.5%6.3%3.1%%11%FY22FY23FY25
16%13%9.5%6.3%3.1%%11%FY22FY23FY25
Revenue growth
Falling
latest −6.1% · span −47.2% to +78.0%
Profit growth
Falling
latest −4.0% · span −92.8% to +100.0%
ROCE
Stuck low
latest 11.0% · span 4.0%–15.0%

🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+56.9%+2.2%+23.3%+13.1%
Profit+300.0%−12.6%+5.9%
EPS+300.0%−17.0%+2.7%+10.3%
Share price+79.7%+37.0%+64.5%
Revenue YoY (Dec 25)
−6.1%
latest quarter vs a year ago
Profit YoY (Dec 25)
−4.0%
latest quarter vs a year ago
Revenue 10y
13.1%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

41.5/100 — rank 47 of 48 in Trading · 50% evidence confidence · provisional, ranked below fully-evidenced peers

A-1 Ltd scores 41.5 out of 100 against the 48 companies it is compared with in Trading, ranking 47. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 16.1 + 11.1 + 8.8 + 5.5 = 41.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

A-1 Ltd reported ₹69.8 Cr of revenue in the Dec 25 quarter, −6.1% year on year. Over 10 years it has compounded at 13.1% a year. The last full year, FY25, came in at ₹331 Cr. The last four reported quarters add to ₹307 Cr.

FY25 revenue came in at ₹331 Cr (+56.9% on the year), capping 10 years at 13.1% compound. The latest quarter (Dec 25) printed ₹69.8 Cr, −6.1% year on year.

FY25 revenue ₹331 Cr (+56.9% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
13.1% a year over 10 years
RevenueYoY growth
357126%26882%17939%89−4.8%0−48%₹ Cr%₹33156.9%FY15FY20FY25
357126%26882%17939%89−4.8%0−48%₹ Cr%₹33156.9%FY15FY20FY25
Dec 25: ₹69.8 Cr (−6.1% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
11890%8953%5916%30−21%0−57%₹ Cr%₹70−6.1%Mar 23Jun 24Dec 25
11890%8953%5916%30−21%0−57%₹ Cr%₹70−6.1%Mar 23Jun 24Dec 25

Pace check: the last four quarters averaged +11.5% growth against the decade's 13.1% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +8.3% over the last 4 quarters against +18.3%/yr over the last 8 — rolling over; TTM profit −30.6% vs +31.9%/yr — rolling over.

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

A-1 Ltd's operating margin is 2.9% in the Dec 25 quarter, −1.0 percentage points against the same quarter a year ago. Across 11 fiscal years the operating margin has ranged −4.0% to 6.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 2.9%, −1.0 pp against the same quarter a year ago. Across 11 fiscal years the operating margin has ranged −4.0%–6.0%.

🚨 Why the margin moved: operating margin went −1.0 pp year on year while gross margin went −0.8 pp — the loss came mostly from the gross line: input costs and pricing.

FY25: 3.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 11-year window.
within a −4.0–6.0% band over 11 years
operating marginYoY change (pp)
6.8%6.2%3.9%1.9%1.0%−2.5%−1.9%−6.8%−4.8%−11%%%3%1%FY15FY20FY25
6.8%6.2%3.9%1.9%1.0%−2.5%−1.9%−6.8%−4.8%−11%%%3%1%FY15FY20FY25
Dec 25: 2.9% operating margin (−1.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
4.2%4.7%2.9%3.0%1.6%1.4%0.4%−0.3%−0.9%−2.0%%%2.9%−1%Mar 23Jun 24Dec 25
4.2%4.7%2.9%3.0%1.6%1.4%0.4%−0.3%−0.9%−2.0%%%2.9%−1%Mar 23Jun 24Dec 25
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

A-1 Ltd earned ₹1.0 Cr of net profit in the Dec 25 quarter, −4.0% year on year. Full-year FY25 profit was ₹4.0 Cr. That is 1.4% of the quarter's revenue. The same quarter a year earlier earned ₹1.0 Cr. 1 of the last 12 reported quarters were loss-making.

Dec 25 profit was ₹1.0 Cr, −4.0% year on year. On the full year, FY25 printed ₹4.0 Cr (+300.0%).

FY25 profit ₹4.0 Cr (+300.0% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 11-year window. A bar is red when it is lower than the year before.
Net profitYoY growth
6330%5221%3113%20.0%0−105%₹ Cr%₹4300%FY15FY20FY25
6330%5221%3113%20.0%0−105%₹ Cr%₹4300%FY15FY20FY25
Dec 25: ₹1.0 Cr (−4.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
1.2414%0.8278%0.5142%0.25.7%−0.1−130%₹ Cr%₹1−4%Mar 23Jun 24Dec 25
1.2414%0.8278%0.5142%0.25.7%−0.1−130%₹ Cr%₹1−4%Mar 23Jun 24Dec 25

🚨 Why profit moved: revenue contributed −6.1% and the margin −1.0 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit −28.4% vs revenue +11.5%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 211% of A-1 Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY25 that was ₹−11.0 Cr of operating cash against ₹4.0 Cr of profit. After ₹2.0 Cr of capital spending, ₹−13.0 Cr was left as free cash.

FY25: operating cash of ₹−11.0 Cr against reported profit of ₹4.0 Cr, leaving free cash of ₹−13.0 Cr after ₹2.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 211% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY25: CFO ₹−11.0 Cr vs profit ₹4.0 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 8-year window, annual resolution.
211% of 3-year profit arrived as cash
Operating cashNet profitFree cash
22123−6−16₹ Cr₹−11₹4₹−13FY18FY21FY25
22123−6−16₹ Cr₹−11₹4₹−13FY18FY21FY25
FY25: CFO = −275% of profit (three-year rate 211%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash; outlier years shown pinned.
Conversion100%
346%179%13%−154%−321%%−275%FY18FY21FY25
346%179%13%−154%−321%%−275%FY18FY21FY25

Why conversion sits at 211%: the cash cycle tightened 24 days between FY20 and FY25 — cash that used to wait in the cycle now reaches the bank sooner.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

A-1 Ltd's cash conversion cycle runs 57 days in FY25, down from 81 days in FY20. Capital spending ran ₹6.0 Cr over the last 3 years. At FY25 sales of ₹331 Cr each day of that cycle holds about ₹0.9 Cr, so roughly ₹52.0 Cr sits inside the business at any moment.

FY25: debtors at 56 days, inventory at 3 days — roughly 0.1 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 57 days, tighter than FY20's 81.

The full loop: cash goes out to suppliers and production on day 0; stock waits 3 days to sell; customers pay about 56 days after that; and suppliers themselves are paid at 2 days — netting out to the 57-day cycle.

In money terms: at FY25 sales of ₹331 Cr, each day of the cycle holds about ₹0.9 Cr — so the 57-day loop keeps roughly ₹52.0 Cr sitting inside the business at any moment.

FY25: a 57-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 11-year window.
−24 days vs FY20
Cash cycleInventory daysDebtor daysPayable days
100744720−6days57d3d56d2dFY15FY17FY20FY22FY25
100744720−6days57d3d56d2dFY15FY20FY25

On the investment side: capital spending of ₹6.0 Cr over the last 3 fiscal years against ₹12.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 Cr (FY25) — capacity paid for but not yet earning.

FY25: capex ₹2.0 Cr, work-in-progress ₹0.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
107520₹ Cr₹2₹0FY16FY18FY20FY22FY25
107520₹ Cr₹2₹0FY16FY20FY25

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

A-1 Ltd earns a ROCE of 11% in FY25. That is up from a trough of 4% in FY24. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 1.2% net margin on 4.47× asset turns.

FY25 ROCE is 11%, recovered from a FY24 trough of 4% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY25): 1.2% net margin × 4.47× asset turns × 1.48× balance-sheet leverage ≈ 7.9% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.

FY25: ROCE 11% Return on capital employed by fiscal year, % (line). 10-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY24's 4%
ROCEWACC
25%19%14%8.0%2.5%%11%FY16FY18FY20FY22FY25
25%19%14%8.0%2.5%%11%FY16FY20FY25
11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

A-1 Ltd carries ₹22.0 Cr of borrowings against ₹50.0 Cr of equity in FY25, a debt-to-equity of 0.44. Operating profit covers the interest bill 5×. Over 5 years borrowings went from ₹6.0 Cr to ₹22.0 Cr. Capital spending ran ₹6.0 Cr across the last 3 of those years.

FY25: borrowings of ₹22.0 Cr against equity of ₹50.0 Cr — a debt-to-equity of 0.44. Operating profit covers the interest bill 5×. Over 5 years borrowings went from ₹6.0 Cr to ₹22.0 Cr while capital spending ran ₹6.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.

FY25: borrowings ₹22.0 Cr at 0.44× equity Borrowings by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 11-year window. Quarterly balance-sheet history is not held for India — annual is the honest resolution.
the debt trajectory
BorrowingsDebt-to-equity
281.9×211.4×140.9×70.5×00.0×₹ Cr×₹220.44×FY15FY17FY20FY22FY25
281.9×211.4×140.9×70.5×00.0×₹ Cr×₹220.44×FY15FY20FY25
12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Foreign institutions added 3.8 points of A-1 Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 6.7% of the company. Domestic institutions moved +0.1 points over the same window, to 0.1%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Foreign institutions: +3.8 points over 8 quarters to 6.7%; Domestic institutions: +0.1 points over 8 quarters to 0.1%; Promoters: +0.0 points over 8 quarters to 70.0%.

Why the register moved: foreign institutions drove it (+3.8 points) — steady accumulation by institutions reading the same numbers this page reads.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 25 Shareholding at each fiscal-year end (March quarter), % of the company. 2 year-ends held.
PromotersForeign inst.Domestic inst.Public
76%55%35%15%−5.6%%70.0%2.9%0%27.0%Mar 24Mar 25
76%55%35%15%−5.6%%70.0%2.9%0%27.0%Mar 24Mar 25
Foreign institutions added 3.8 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 12 quarters.
PromotersForeign inst.Domestic inst.Public
76%55%35%15%−5.6%%70.0%6.7%0.1%23.2%Jun 23Sep 24Jan 26
76%55%35%15%−5.6%%70.0%6.7%0.1%23.2%Jun 23Sep 24Jan 26
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

A-1 Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

14 · Related companies · Trading
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Rashi Peripherals LtdRPTECH 67.0/100Favorable setup71% evidence LEADER 21.1/35 Revenue 14.9% · PAT 34.8% · OPM change -0.1 pp 83% evidence 15.3/25 ROCE 16.8% · OPM 3% 76% evidence 10.8/20 P/E 19.8× · PEG — 15% evidence 19.8/20 RS sector 68.7% · RS bench 92.3% · 1Y 182.2%12 of 12 weeks ahead 100% evidence
Exact sum: 21.1 + 15.3 + 10.8 + 19.8 = 67 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Magnus Steel & Infra Ltd517320 66.9/100Thin evidence · provisional56% evidence 27.1/35 Revenue 100% · PAT 100% · OPM change 1.6 pp 83% evidence 18.6/25 ROCE 171% · OPM 21.3% 76% evidence 9.2/20 P/E 92.5× · PEG — 15% evidence 12.0/20 RS sector — · RS bench 46.1% · 1Y 1449.6%6 of 7 weeks ahead to 2026-06-28 25% evidence
Exact sum: 27.1 + 18.6 + 9.2 + 12 = 66.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
3Shankara Buildpro LtdBUILDPRO 63.2/100Thin evidence · provisional59% evidence TURNING 25.3/35 Revenue 28.8% · PAT 68.4% · OPM change 0.5 pp 88% evidence 17.3/25 ROCE 39% · OPM 3.5% 100% evidence 10.6/20 P/E 23.2× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —8 of 12 weeks ahead 0% evidence
Exact sum: 25.3 + 17.3 + 10.6 + 10 = 63.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4Mangalam Global Enterprise LtdMGEL 63.0/100Mixed-positive evidence65% evidence TURNING 24.4/35 Revenue 41.4% · PAT 100% · OPM change 0.5 pp 95% evidence 16.6/25 ROCE 17% · OPM 1.9% 95% evidence 11.1/20 P/E 14.2× · PEG — 15% evidence 10.9/20 RS sector — · RS bench 10.1% · 1Y —3 of 3 weeks ahead 25% evidence
Exact sum: 24.4 + 16.6 + 11.1 + 10.9 = 63 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Vision Infra Equipment Solutions LtdVIESL 60.7/100Thin evidence · provisional51% evidence LEADER 18.8/35 Revenue — · PAT — · OPM change 2 pp 13% evidence 19.0/25 ROCE 19.6% · OPM 27% 95% evidence 10.5/20 P/E 25.1× · PEG — 15% evidence 12.4/20 RS sector 4.4% · RS bench 20.9% · 1Y 93.4%12 of 12 weeks ahead 100% evidence
Exact sum: 18.8 + 19 + 10.5 + 12.4 = 60.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
6Euro Pratik Sales LtdEUROPRATIK 60.5/100Mixed-positive evidence69% evidence TURNING 14.5/35 Revenue 18% · PAT 4% · OPM change 1 pp 88% evidence 21.1/25 ROCE 38.4% · OPM 27% 100% evidence 14.9/20 P/E 37.6× · PEG 0.62 65% evidence 10.0/20 RS sector — · RS bench — · 1Y —7 of 10 weeks ahead 0% evidence
Exact sum: 14.5 + 21.1 + 14.9 + 10 = 60.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
7Sudarshan Pharma Industries Ltd543828 59.8/100Mixed-positive evidence78% evidence LEADER 18.5/35 Revenue 38.9% · PAT 53.3% · OPM change -1 pp 83% evidence 14.3/25 ROCE 15.1% · OPM 9% 76% evidence 9.1/20 P/E 39.1× · PEG — 50% evidence 17.9/20 RS sector 9% · RS bench 27.5% · 1Y 45.7%12 of 12 weeks ahead 100% evidence
Exact sum: 18.5 + 14.3 + 9.1 + 17.9 = 59.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Lloyds Enterprises LtdLLOYDSENT 55.6/100Mixed-positive evidence71% evidence LEADER 21.4/35 Revenue 18.2% · PAT 100% · OPM change 1 pp 83% evidence 9.8/25 ROCE 3.7% · OPM 6% 76% evidence 8.7/20 P/E 1106× · PEG — 15% evidence 15.7/20 RS sector 4% · RS bench 22.5% · 1Y 10.6%12 of 12 weeks ahead 100% evidence
Exact sum: 21.4 + 9.8 + 8.7 + 15.7 = 55.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Tembo Global Industries LtdTEMBO 55.3/100Mixed-positive evidence70% evidence ASLEEP 20.0/35 Revenue 48.5% · PAT 78.2% · OPM change 1 pp 83% evidence 18.0/25 ROCE 22.8% · OPM 11% 95% evidence 11.3/20 P/E 11.2× · PEG — 15% evidence 6.0/20 RS sector -24.8% · RS bench -8.2% · 1Y 10.6%5 of 10 weeks ahead 70% evidence
Exact sum: 20 + 18 + 11.3 + 6 = 55.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Yogi Ltd511702 54.5/100Mixed-positive evidence61% evidence BREAKING OUT 24.2/35 Revenue 100% · PAT 100% · OPM change 3.6 pp 53% evidence 11.3/25 ROCE 12.8% · OPM 4.4% 76% evidence 10.0/20 P/E 36.4× · PEG — 15% evidence 9.0/20 RS sector -17.5% · RS bench -2.5% · 1Y -13.7%3 of 12 weeks ahead 100% evidence
Exact sum: 24.2 + 11.3 + 10 + 9 = 54.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Nupur Recyclers LtdNRL 53.8/100Mixed-positive evidence68% evidence TURNING 15.9/35 Revenue 36.4% · PAT 1.2% · OPM change 1.1 pp 83% evidence 16.1/25 ROCE 15.1% · OPM 6.4% 95% evidence 9.6/20 P/E 51.8× · PEG — 50% evidence 12.2/20 RS sector — · RS bench 60.1% · 1Y —2 of 2 weeks ahead 25% evidence
Exact sum: 15.9 + 16.1 + 9.6 + 12.2 = 53.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Arisinfra Solutions LtdARIS 53.5/100Thin evidence · provisional53% evidence ASLEEP 18.1/35 Revenue 39.1% · PAT 100% · OPM change 4.5 pp 62% evidence 15.3/25 ROCE 15.6% · OPM 9% 95% evidence 10.9/20 P/E 19.3× · PEG — 15% evidence 9.2/20 RS sector — · RS bench -2.4% · 1Y -11.4%4 of 10 weeks ahead 25% evidence
Exact sum: 18.1 + 15.3 + 10.9 + 9.2 = 53.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13Aayush Art and Bullion Ltd540718 53.4/100Thin evidence · provisional54% evidence TURNING 20.9/35 Revenue 100% · PAT — · OPM change 1.6 pp 35% evidence 13.8/25 ROCE 18.9% · OPM 6% 76% evidence 9.0/20 P/E 233× · PEG — 15% evidence 9.7/20 RS sector -7.3% · RS bench 8.5% · 1Y 31.9%3 of 12 weeks ahead 100% evidence
Exact sum: 20.9 + 13.8 + 9 + 9.7 = 53.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
14Onix Solar Energy Ltd513119 52.1/100Mixed-positive evidence75% evidence ASLEEP 22.1/35 Revenue 100% · PAT 100% · OPM change 23 pp 95% evidence 11.3/25 ROCE 10% · OPM 30% 76% evidence 10.2/20 P/E 32.4× · PEG — 15% evidence 8.5/20 RS sector -8.1% · RS bench 29.6% · 1Y 32.1%3 of 12 weeks ahead 100% evidence
Exact sum: 22.1 + 11.3 + 10.2 + 8.5 = 52.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15Bizotic Commercial Ltd543926 51.2/100Thin evidence · provisional58% evidence ASLEEP 19.7/35 Revenue — · PAT — · OPM change 0 pp 26% evidence 19.1/25 ROCE 26.8% · OPM 8% 76% evidence 10.4/20 P/E 29.6× · PEG — 50% evidence 2.0/20 RS sector -38% · RS bench -27.8% · 1Y 109.7%0 of 12 weeks ahead 100% evidence
Exact sum: 19.7 + 19.1 + 10.4 + 2 = 51.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16Patel Retail LtdPATELRMART 51.2/100Thin evidence · provisional56% evidence TURNING 15.7/35 Revenue 27.7% · PAT 54.4% · OPM change -1.9 pp 83% evidence 14.6/25 ROCE 15.3% · OPM 5.2% 95% evidence 10.9/20 P/E 19.3× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —7 of 10 weeks ahead 0% evidence
Exact sum: 15.7 + 14.6 + 10.9 + 10 = 51.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17Fabtech Technologies LtdFABTECH 51.2/100Thin evidence · provisional52% evidence ASLEEP 17.4/35 Revenue 14.2% · PAT 41% · OPM change 14.8 pp 71% evidence 12.7/25 ROCE 13.6% · OPM 5.7% 95% evidence 11.1/20 P/E 13.7× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —0 of 10 weeks ahead 0% evidence
Exact sum: 17.4 + 12.7 + 11.1 + 10 = 51.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
18SG Mart LtdSGMART 50.2/100Mixed-positive evidence90% evidence LEADER 14.8/35 Revenue 10.4% · PAT 14.7% · OPM change 1.4 pp 95% evidence 9.2/25 ROCE 10.2% · OPM 4.5% 95% evidence 8.4/20 P/E 70.7× · PEG 1.92 65% evidence 17.8/20 RS sector 32.1% · RS bench 51.9% · 1Y 94.9%12 of 12 weeks ahead 100% evidence
Exact sum: 14.8 + 9.2 + 8.4 + 17.8 = 50.2 · Decision use: Price leads the evidence: RS versus the benchmark is 51.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
19Adani Enterprises LtdADANIENT 47.8/100Mixed-negative evidence93% evidence LEADER 14.6/35 Revenue 18.1% · PAT 4.2% · OPM change 0 pp 100% evidence 8.7/25 ROCE 5.8% · OPM 15% 100% evidence 7.7/20 P/E 172× · PEG 1.96 65% evidence 16.8/20 RS sector 5.5% · RS bench 23.2% · 1Y 21.7%12 of 12 weeks ahead 100% evidence
Exact sum: 14.6 + 8.7 + 7.7 + 16.8 = 47.8 · Decision use: Price leads the evidence: RS versus the benchmark is 23.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
20Shiv Aum Steels LtdSHIVAUM 47.8/100Thin evidence · provisional50% evidence 16.7/35 Revenue — · PAT — · OPM change 0.5 pp 32% evidence 11.5/25 ROCE 8% · OPM 3.8% 95% evidence 7.8/20 P/E 83.3× · PEG — 50% evidence 11.8/20 RS sector — · RS bench 35.4% · 1Y — 25% evidence
Exact sum: 16.7 + 11.5 + 7.8 + 11.8 = 47.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
21BN Agrochem LtdBNAGROCHEM 47.1/100Mixed-negative evidence73% evidence TURNING 24.2/35 Revenue 100% · PAT 57.3% · OPM change 20.5 pp 88% evidence 7.0/25 ROCE 4.4% · OPM 1.6% 100% evidence 9.4/20 P/E 79.4× · PEG — 15% evidence 6.5/20 RS sector -19.2% · RS bench -10.6% · 1Y 3.2%8 of 8 weeks ahead 70% evidence
Exact sum: 24.2 + 7 + 9.4 + 6.5 = 47.1 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -19.2% and the one-year return is 3.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
22Hardwyn India LtdHARDWYN 46.2/100Mixed-negative evidence83% evidence ASLEEP 20.5/35 Revenue 8.3% · PAT 17.5% · OPM change 3.5 pp 83% evidence 12.3/25 ROCE 4.8% · OPM 10% 95% evidence 11.8/20 P/E 58.3× · PEG — 50% evidence 1.6/20 RS sector -45.2% · RS bench -15.3% · 1Y -21.1%4 of 12 weeks ahead 100% evidence
Exact sum: 20.5 + 12.3 + 11.8 + 1.6 = 46.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23MMTC LtdMMTC 45.3/100Mixed-negative evidence86% evidence ASLEEP 15.1/35 Revenue 0% · PAT 100% · OPM change -5633.5 pp 88% evidence 9.7/25 ROCE 8.7% · OPM — 84% evidence 13.8/20 P/E 94× · PEG 0.92 100% evidence 6.7/20 RS sector -22.9% · RS bench -3.3% · 1Y -6.7%7 of 11 weeks ahead 70% evidence
Exact sum: 15.1 + 9.7 + 13.8 + 6.7 = 45.3 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
24State Trading Corporation of India LtdSTCINDIA 44.8/100Thin evidence · provisional54% evidence TURNING 18.6/35 Revenue — · PAT 100% · OPM change -14.6 pp 43% evidence 7.5/25 ROCE -0.9% · OPM — 60% evidence 12.1/20 P/E 16.2× · PEG — 50% evidence 6.6/20 RS sector -30.7% · RS bench -1.9% · 1Y -6.2%5 of 11 weeks ahead 70% evidence
Exact sum: 18.6 + 7.5 + 12.1 + 6.6 = 44.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
25PTC India LtdPTC 43.3/100Mixed-negative evidence78% evidence ASLEEP 13.2/35 Revenue 4.6% · PAT -26.5% · OPM change -1.3 pp 83% evidence 13.1/25 ROCE 13.4% · OPM 3.7% 76% evidence 10.6/20 P/E 8.5× · PEG — 50% evidence 6.4/20 RS sector -15.3% · RS bench -0.3% · 1Y -8.2%5 of 12 weeks ahead 100% evidence
Exact sum: 13.2 + 13.1 + 10.6 + 6.4 = 43.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
26RRP Semiconductor LtdRRP 42.7/100Thin evidence · provisional51% evidence 12.2/35 Revenue -80% · PAT -80% · OPM change 3.3 pp 62% evidence 5.5/25 ROCE -32.7% · OPM — 61% evidence 10.0/20 P/E — · PEG — 0% evidence 15.0/20 RS sector 61.8% · RS bench 6.5% · 1Y 195.8%0 of 1 week ahead 70% evidence
Exact sum: 12.2 + 5.5 + 10 + 15 = 42.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
27Riddhi Siddhi Gluco Biols Ltd524480 42.3/100Mixed-negative evidence78% evidence LEADER 12.1/35 Revenue 74.8% · PAT 0% · OPM change -77 pp 83% evidence 6.4/25 ROCE 2.7% · OPM -89% 76% evidence 7.0/20 P/E 26.4× · PEG — 50% evidence 16.8/20 RS sector 8.9% · RS bench 26.8% · 1Y 23.9%12 of 12 weeks ahead 100% evidence
Exact sum: 12.1 + 6.4 + 7 + 16.8 = 42.3 · Decision use: Price leads the evidence: RS versus the benchmark is 26.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
28Neueon Corporation LtdNEUEON 41.8/100Thin evidence · provisional56% evidence ASLEEP 12.4/35 Revenue 100% · PAT -80% · OPM change -3110 pp 62% evidence 3.5/25 ROCE -40.4% · OPM — 80% evidence 10.0/20 P/E — · PEG — 0% evidence 15.9/20 RS sector 16.9% · RS bench 39.6% · 1Y —7 of 12 weeks ahead 70% evidence
Exact sum: 12.4 + 3.5 + 10 + 15.9 = 41.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
29Cropster Agro Ltd523105 41.0/100Mixed-negative evidence65% evidence 16.1/35 Revenue 28.4% · PAT 6.5% · OPM change 2.1 pp 83% evidence 11.8/25 ROCE 12.4% · OPM 8.7% 76% evidence 10.1/20 P/E 32.7× · PEG — 15% evidence 3.0/20 RS sector -73.5% · RS bench -60.9% · 1Y -70.2%0 of 4 weeks ahead 70% evidence
Exact sum: 16.1 + 11.8 + 10.1 + 3 = 41 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
30Hexa Tradex LtdHEXATRADEX 37.9/100Mixed-negative evidence65% evidence ASLEEP 16.8/35 Revenue 0.4% · PAT 65% · OPM change 13.6 pp 62% evidence 4.2/25 ROCE -0.1% · OPM -191.7% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 6.9/20 RS sector -21.2% · RS bench -6.7% · 1Y -14.8%1 of 12 weeks ahead 100% evidence
Exact sum: 16.8 + 4.2 + 10 + 6.9 = 37.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
31Kothari Industrial Corporation LtdKOTIC 35.1/100Thin evidence · provisional59% evidence ASLEEP 19.8/35 Revenue 100% · PAT -80% · OPM change -1 pp 62% evidence 1.8/25 ROCE -28.9% · OPM -54% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 3.5/20 RS sector -60% · RS bench -45.5% · 1Y -60.3%0 of 7 weeks ahead 70% evidence
Exact sum: 19.8 + 1.8 + 10 + 3.5 = 35.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
32Shanti Overseas (India) LtdSHANTI 32.4/100Thin evidence · provisional56% evidence 11.3/35 Revenue -63.4% · PAT 100% · OPM change -200.5 pp 40% evidence 4.5/25 ROCE -25.2% · OPM -216.5% 71% evidence 13.3/20 P/E 3× · PEG — 50% evidence 3.3/20 RS sector -61.6% · RS bench -49.7% · 1Y -60.6%0 of 12 weeks ahead to 2026-03-29 70% evidence
Exact sum: 11.3 + 4.5 + 13.3 + 3.3 = 32.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
33Dhunseri Ventures LtdDVL 30.8/100Adverse evidence69% evidence ASLEEP 11.8/35 Revenue -30.8% · PAT -38.9% · OPM change -4 pp 62% evidence 6.0/25 ROCE 6.7% · OPM -85% 95% evidence 8.5/20 P/E 5.4× · PEG — 50% evidence 4.5/20 RS sector -45.9% · RS bench -14.2% · 1Y -33.4%2 of 10 weeks ahead 70% evidence
Exact sum: 11.8 + 6 + 8.5 + 4.5 = 30.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
34Uniphos Enterprises LtdUNIENTER 29.0/100Adverse evidence69% evidence ASLEEP 13.1/35 Revenue -71.3% · PAT 100% · OPM change -0.9 pp 62% evidence 3.0/25 ROCE 0.8% · OPM -3.1% 95% evidence 8.3/20 P/E 31.9× · PEG — 50% evidence 4.6/20 RS sector -45.2% · RS bench -25.4% · 1Y -41.1%1 of 10 weeks ahead 70% evidence
Exact sum: 13.1 + 3 + 8.3 + 4.6 = 29 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
35Oswal Agro Mills LtdOSWALAGRO 25.9/100Adverse evidence63% evidence ASLEEP 4.6/35 Revenue -80% · PAT -80% · OPM change -21782 pp 83% evidence 7.5/25 ROCE 2% · OPM — 80% evidence 10.0/20 P/E — · PEG — 0% evidence 3.8/20 RS sector -51.8% · RS bench -33.3% · 1Y -54.3%0 of 10 weeks ahead 70% evidence
Exact sum: 4.6 + 7.5 + 10 + 3.8 = 25.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
36Mardia Samyoung Capillary Tubes Company LtdMSCTC 57.2/100Thin evidence · provisional32% evidence 20.5/35 Revenue 100% · PAT 100% · OPM change — 29% evidence 15.7/25 ROCE 22.6% · OPM 15.3% 57% evidence 8.7/20 P/E 687× · PEG — 15% evidence 12.3/20 RS sector — · RS bench 74.6% · 1Y 236.1%6 of 12 weeks ahead to 2026-03-08 25% evidence
Exact sum: 20.5 + 15.7 + 8.7 + 12.3 = 57.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
37Proventus Agrocom LtdPROV 56.9/100Thin evidence · provisional48% evidence BREAKING OUT 19.5/35 Revenue — · PAT — · OPM change 0.2 pp 26% evidence 13.0/25 ROCE 11.5% · OPM 1.8% 95% evidence 13.1/20 P/E 39.6× · PEG — 50% evidence 11.3/20 RS sector — · RS bench 25.4% · 1Y —6 of 6 weeks ahead 25% evidence
Exact sum: 19.5 + 13 + 13.1 + 11.3 = 56.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
38SK Minerals & Additives Ltd544584 55.9/100Thin evidence · provisional31% evidence 16.2/35 Revenue — · PAT — · OPM change 0 pp 26% evidence 19.4/25 ROCE 26.2% · OPM 10% 76% evidence 10.3/20 P/E 30.1× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y — 0% evidence
Exact sum: 16.2 + 19.4 + 10.3 + 10 = 55.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
39Monika Alcobev LtdMONIKA 54.6/100Thin evidence · provisional22% evidence 16.3/35 Revenue — · PAT — · OPM change -2 pp 15% evidence 17.6/25 ROCE 21% · OPM 15% 57% evidence 10.7/20 P/E 20.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y -9%0 of 12 weeks ahead to 2026-03-08 0% evidence
Exact sum: 16.3 + 17.6 + 10.7 + 10 = 54.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
40Pramara Promotions LtdPRAMARA 53.1/100Thin evidence · provisional47% evidence 16.6/35 Revenue — · PAT — · OPM change -1 pp 15% evidence 14.3/25 ROCE 15.2% · OPM 15% 71% evidence 7.3/20 P/E 51.3× · PEG — 50% evidence 14.9/20 RS sector 7.6% · RS bench 29% · 1Y 72.6%10 of 12 weeks ahead to 2026-04-19 70% evidence
Exact sum: 16.6 + 14.3 + 7.3 + 14.9 = 53.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
41BMW Ventures LtdBMW 52.4/100Thin evidence · provisional26% evidence 17.9/35 Revenue — · PAT — · OPM change 0 pp 24% evidence 13.3/25 ROCE 13.6% · OPM 4% 57% evidence 11.2/20 P/E 13.4× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —0 of 10 weeks ahead to 2026-03-08 0% evidence
Exact sum: 17.9 + 13.3 + 11.2 + 10 = 52.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
42Manbro Industries Ltd512595 52.0/100Thin evidence · provisional22% evidence 18.3/35 Revenue — · PAT — · OPM change 32.8 pp 5% evidence 13.4/25 ROCE — · OPM 6.6% 23% evidence 10.0/20 P/E — · PEG — 0% evidence 10.3/20 RS sector -18.9% · RS bench 37.2% · 1Y 40.1%12 of 12 weeks ahead to 2026-05-03 70% evidence
Exact sum: 18.3 + 13.4 + 10 + 10.3 = 52 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
43Shah Foods Ltd519031 50.9/100Thin evidence · provisional17% evidence 17.3/35 Revenue — · PAT — · OPM change -10.7 pp 3% evidence 12.3/25 ROCE — · OPM -3.3% 30% evidence 8.9/20 P/E 293× · PEG — 15% evidence 12.4/20 RS sector — · RS bench 143.1% · 1Y — 25% evidence
Exact sum: 17.3 + 12.3 + 8.9 + 12.4 = 50.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
44Le Merite Exports LtdLEMERITE 48.2/100Thin evidence · provisional46% evidence 18.9/35 Revenue — · PAT — · OPM change 0.9 pp 15% evidence 9.3/25 ROCE 8.6% · OPM 2.8% 71% evidence 9.3/20 P/E 87× · PEG — 15% evidence 10.7/20 RS sector -10.6% · RS bench 15% · 1Y 42.1%1 of 1 week ahead to 2026-05-17 100% evidence
Exact sum: 18.9 + 9.3 + 9.3 + 10.7 = 48.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
45Keto Motors Ltd537392 46.8/100Thin evidence · provisional21% evidence 17.0/35 Revenue — · PAT -41.7% · OPM change — 12% evidence 7.3/25 ROCE -2.2% · OPM — 46% evidence 10.0/20 P/E — · PEG — 0% evidence 12.5/20 RS sector — · RS bench 378.2% · 1Y — 25% evidence
Exact sum: 17 + 7.3 + 10 + 12.5 = 46.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
46Satani Bearings Ltd505703 45.0/100Thin evidence · provisional37% evidence ASLEEP 20.1/35 Revenue — · PAT 100% · OPM change — 29% evidence 4.9/25 ROCE 1% · OPM 1.5% 76% evidence 8.5/20 P/E 11020× · PEG — 15% evidence 11.5/20 RS sector — · RS bench 28.3% · 1Y 153.4%0 of 10 weeks ahead 25% evidence
Exact sum: 20.1 + 4.9 + 8.5 + 11.5 = 45 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
47A-1 Ltdthis pageA1L 41.5/100Thin evidence · provisional50% evidence 16.1/35 Revenue 8.3% · PAT -30.6% · OPM change -0.9 pp 53% evidence 11.1/25 ROCE 10.6% · OPM 2.9% 57% evidence 8.8/20 P/E 383× · PEG — 15% evidence 5.5/20 RS sector -26.6% · RS bench -16% · 1Y 26.3%6 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 16.1 + 11.1 + 8.8 + 5.5 = 41.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
48Blue Pearl Agriventures LtdBPAGRI 38.5/100Thin evidence · provisional50% evidence 17.1/35 Revenue 100% · PAT -46.7% · OPM change -2.5 pp 53% evidence 7.8/25 ROCE 2.6% · OPM 2.8% 57% evidence 8.6/20 P/E 5705× · PEG — 15% evidence 5.0/20 RS sector -35.6% · RS bench -25.1% · 1Y -37.5%1 of 12 weeks ahead to 2026-03-08 70% evidence
Exact sum: 17.1 + 7.8 + 8.6 + 5 = 38.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is A-1 Ltd's share price today?

A-1 Ltd trades at ₹20.6, +79.7% over the past year. The company is valued at ₹947 Cr. The stock sits at 15% of its 52-week range of ₹11–₹70, −30.2% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 65 weeks in. — as of 31 July 2026.

What were A-1 Ltd's latest quarterly results?

A-1 Ltd reported revenue of ₹69.8 Cr and net profit of ₹1.0 Cr for the Dec 25 quarter. Revenue fell 6.1% and profit fell 4.0% year on year. Earnings per share were ₹0.02. The operating margin was 2.9%, 1.0 pp lower than a year earlier. — as of 31 July 2026.

What is A-1 Ltd's revenue?

A-1 Ltd reported revenue of ₹69.8 Cr in the Dec 25 quarter, −6.1% year on year. For the full FY25 fiscal year, revenue was ₹331 Cr (+56.9%). Over the last 10 years revenue compounded at 13.1% a year. — as of 31 July 2026.

What is A-1 Ltd's profit?

A-1 Ltd earned ₹1.0 Cr of net profit in the Dec 25 quarter, −4.0% year on year. Full-year FY25 profit was ₹4.0 Cr. The operating margin ran 2.9% in the latest quarter. — as of 31 July 2026.

What is A-1 Ltd's market cap?

A-1 Ltd's market capitalisation is ₹947 Cr at a share price of ₹20.6. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.

What is A-1 Ltd's P/E ratio?

A-1 Ltd trades at a P/E of 383.0×, at the 92nd percentile of its own 7-year range, against a long-run median of 74.0×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.

Does A-1 Ltd pay a dividend?

Yes — A-1 Ltd's dividend payout was 47% of profit in FY25, and it recorded a payout in 5 of its last 11 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.

Is A-1 Ltd overvalued?

On its own history, A-1 Ltd looks expensive against its own history: its P/E of 383.0× sits at the 92nd percentile of its 7-year range (long-run median 74.0×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.

Is A-1 Ltd growing?

Not right now — A-1 Ltd's latest numbers are shrinking: latest-quarter revenue −6.1% year on year, profit −4.0%, and the margin −1.0 pp at 2.9%. The earnings engine currently reads: deteriorating — as of 31 July 2026.

How is A-1 Ltd performing?

A-1 Ltd is in a confirmed uptrend, 65 weeks in. Its latest quarter's revenue fell 6.1% and profit fell 4.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 6 weeks. This describes what the data did, not a rating. — as of 31 July 2026.

What stage is A-1 Ltd in?

Deteriorating — revenue and profit growth are shrinking (revenue growth −6.1% latest (single-quarter readings) against +78.0% at its 12-quarter best), ROCE holding at 11.0%. The read comes from the last 12 quarters of growth (revenue growth −6.1% latest, profit growth −4.0% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.

Is A-1 Ltd in an uptrend?

Yes — the price is in a confirmed uptrend (week 65 of stage 2), trading −30.2% versus its 200-day average and at 15% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.

Is A-1 Ltd beating the market?

Not lately — on a trailing-13-week view A-1 Ltd is currently behind the NIFTY 500 (6 weeks and counting; last ahead the week of 2026-01-23), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 7.4 years the stock moved +1,436% against the NIFTY 500's +157% — ahead of the index over the full window. — as of 31 July 2026.

Will A-1 Ltd's share price go up?

This page publishes no price forecast for A-1 Ltd. What it measures instead: the share price is ₹20.6, the price is in a confirmed uptrend 65 weeks in. Its P/E of 383.0× sits at the 92nd percentile of its own 7-year range. — as of 31 July 2026.

Who owns A-1 Ltd?

Promoters hold 70.0% of A-1 Ltd, foreign institutions 6.7%, domestic institutions 0.1% and the public 23.2% (latest quarter). The biggest move on the register over the last two years: Foreign institutions added 3.8 points over 8 quarters. — as of 31 July 2026.

Does A-1 Ltd have too much debt?

It is moderate — A-1 Ltd's debt-to-equity is 0.44, and operating profit covers the interest bill 5×. FY25 borrowings were ₹22.0 Cr against equity of ₹50.0 Cr. Read the returns on this page with that leverage in mind — as of 31 July 2026.

What is A-1 Ltd's capex?

A-1 Ltd spent ₹6.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹2.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.

What is A-1 Ltd's cash flow?

A-1 Ltd generated ₹−11.0 Cr of operating cash flow in FY25 and ₹−13.0 Cr of free cash flow after ₹2.0 Cr of capital spending. Reported profit that year was ₹4.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 31 July 2026.

Is A-1 Ltd's profit real cash?

Yes — over the last 3 fiscal years, 211% of A-1 Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹−11.0 Cr against reported profit of ₹4.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 31 July 2026.

Where is A-1 Ltd in its business cycle?

A-1 Ltd's FY25 operating margin was 3.0%, against a 11-year band of −4.0%–6.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 2.9%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.

What could break the A-1 Ltd story?

The sharpest disagreement: annual EPS moved +300.0% against a +79.7% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.

Is A-1 Ltd a stock worth studying right now?

This is not investment advice. The machine read: A-1 Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.

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