ROE
Asset Turnover is responsible for ROE increase over last 10 years
Other Income
Other Income component is making ratios of the company look optically better
Pledge
Promoters have not pledged a significant portion of their holding
Revenue Recognition
insufficient data
Working Capital
Working Capital of the company seems to be under control
Depreciation Effect
Depreciation accounting is not leading to increase in profits
Capex vs ROCE
ROCE of the company has increased over the last three years
Contingent Liabilities
Company has significant contigent liabilities which can be risky
Retail Holding
Retail has been selling the stock which is usually a good time to buy
Share price
Share price has increased over last 10 years due to earnings
Current vs Historic Valuation
Company is trading at a discount to 3yr historic valuations
Promoter Holding
Promoter has not sold any shares in the last 90 days
Debt
Company might have issues servicing its debt