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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
PDS Limited is an India-based global fashion infrastructure company, which offers customized sourcing and manufacturing solutions for global retailers and brands. It is engaged in the trading of garments, investment holding, design, development, marketing, sourcing and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, priced for perfection — but flagged on governance.
PDS is scored on the general / industrial framework. It keeps a thin 1.3% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 4.40× reported profit. It throws off free cash worth 13.1% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 8%/yr and profit at -18%/yr. Book value itself has compounded 19%/yr — the hallmark of a genuine compounder. Return on equity is a weak 7.2%. In the latest quarter profit fell 60% versus the prior quarter.
At 51× earnings, the stock sits at the 95th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~13%/yr earnings growth for a decade. The forensic screen raises a red flag: Share count up 39% over 4 years — heavy equity dilution.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 27.52 | 75.78 | better |
| P/B | 3.18 | 2.32 | worse |
| EV/EBITDA | 10.58 | — | — |
| ROE | 7.23 | 10.87 | worse |
| ROCE | 13.11 | 5.74 | better |
| ROA | 3.67 | — | — |
| Quick Ratio | 1.02 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Grasim Industries | 19.5 | 2.1 | 4.8% |
| Welspun India | 51.6 | 4.5 | 8.6% |
| Vardhman Textiles | 14.3 | 1.3 | 7.1% |
8% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (8% vs -18%) — costs are rising faster than the top line.
Operating margin has compressed from 3% to 2% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 10% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 20pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (-18% vs -27%) — share dilution is eroding per-share value. -27% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 4.4× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating.
Profit fell 60% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 61.4% — majority control intact. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.