Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated: April 2, 2026, 3:19 am
Author: Getaka|Social: XLinkedIn

Mask Investments Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹182.79Undervalued by 47.41%vs CMP ₹124.00

P/E (3,784.0) × ROE (0.0%) × BV (₹296.00) × DY (2.00%)

₹99.22Overvalued by 19.98%vs CMP ₹124.00
MoS: -25% (Negative)Confidence: 45/100 (Moderate)Models: 2 Under, 4 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹183.8834%Under (+48.3%)
Graham NumberEarnings₹14.1425%Over (-88.6%)
Net Asset ValueAssets₹296.1611%Under (+138.8%)
Earnings YieldEarnings₹0.3011%Over (-99.8%)
ROCE CapitalReturns₹1.0011%Over (-99.2%)
Revenue MultipleRevenue₹2.028%Over (-98.4%)
Consensus (6 models)₹99.22100%Overvalued
Key Drivers: P/E of 3,784 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | ROE 0.0% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 0.6%

*Investments are subject to market risks

Investment Snapshot

39
Mask Investments Ltd scores 39/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health58/100 · Moderate
ROCE 0.0% WeakROE 0.0% WeakD/E 0.03 Low debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money50/100 · Moderate
Promoter holding at 72.3% Stable
Earnings Quality30/100 · Weak
OPM contracting (37% → 9%) DecliningWorking capital: 1,050 days Capital intensive
Quarterly Momentum25/100 · Weak
Revenue (4Q): -69% YoY DecliningOPM: 38.5% (down 11.5% YoY) Margin pressure
Industry Rank30/100 · Weak
P/E 3,784.0 vs industry 98.5 Premium to peersROCE 0.0% vs industry 21.7% Below peersROE 0.0% vs industry 14.2% Below peers3Y sales CAGR: 23% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Mask Investments Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
30/100
Low
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 3,784.0 vs Ind 98.5 | ROCE 0.0% | ROE 0.0% | CFO/NP N/A
Balance Sheet Stress
0/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 0.03x | IntCov 0.0x | Current 1.75x | Borrow/Reserve 0.01x
Cash Flow Reliability
29/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹0 Cr | CFO/NP N/A
Ownership Accumulation
0
Neutral
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII N/A | DII N/A | Prom 0.00 pp
Business Momentum
+100
Stable
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales +333.3% | Q NP N/A | Q OPM +38.5 pp
Derived FieldValueHow it is derived
Valuation Gap %-20.0%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.01xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII ChangeN/ALatest FII% minus previous FII%
DII ChangeN/ALatest DII% minus previous DII%
Promoter Change0.00 ppLatest promoter% minus previous promoter%
Shareholder Count Change+55Latest shareholder count minus previous count
Quarterly Sales Change+333.3%Latest quarter sales vs previous quarter sales
Quarterly Profit ChangeN/ALatest quarter net profit vs previous quarter net profit
Quarterly OPM Change+38.5 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:19 am

Market Cap 37.8 Cr.
Current Price 124
Intrinsic Value₹99.22
High / Low 246/115
Stock P/E3,784
Book Value 296
Dividend Yield0.00 %
ROCE0.04 %
ROE0.02 %
Face Value 10.0
PEG Ratio6,381.90

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Mask Investments Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Mask Investments Ltd 37.8 Cr. 124 246/1153,784 2960.00 %0.04 %0.02 % 10.0
Abhishek Finlease Ltd 18.5 Cr. 40.2 75.6/39.61,852 13.20.00 %3.24 %2.11 % 10.0
Goldline International Finvest Ltd 31.8 Cr. 0.61 /289 1.030.00 %0.13 %0.13 % 1.00
Gujarat Lease Financing Ltd 10.4 Cr. 3.85 9.34/3.77261 1.510.00 %1.02 %% 10.0
Fundviser Capital (India) Ltd 229 Cr. 387 401/127177 34.40.00 %3.76 %2.88 % 10.0
Industry Average6,725.79 Cr1,029.6498.514,364.490.43%21.71%14.20%7.23

All Competitor Stocks of Mask Investments Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 0.170.060.040.040.490.180.040.350.040.000.030.030.13
Expenses 0.060.080.060.030.180.440.050.320.02-0.020.070.030.08
Operating Profit 0.11-0.02-0.020.010.31-0.26-0.010.030.020.02-0.040.000.05
OPM % 64.71%-33.33%-50.00%25.00%63.27%-144.44%-25.00%8.57%50.00%-133.33%0.00%38.46%
Other Income 0.000.000.000.000.000.000.000.000.00-0.010.000.000.00
Interest 0.000.020.010.010.000.000.000.000.000.000.000.000.00
Depreciation 0.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax 0.11-0.04-0.030.000.31-0.26-0.010.030.020.01-0.040.000.05
Tax % 27.27%-25.00%-33.33%25.81%-26.92%0.00%33.33%0.00%0.00%0.00%0.00%
Net Profit 0.08-0.03-0.020.000.24-0.20-0.010.030.010.00-0.040.000.05
EPS in Rs 0.26-0.10-0.070.000.79-0.66-0.030.100.030.00-0.130.000.16

Last Updated: March 3, 2026, 10:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 12:16 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 0.050.300.240.430.420.170.160.130.220.310.740.410.19
Expenses 0.050.120.180.230.220.160.150.120.130.210.690.360.16
Operating Profit 0.000.180.060.200.200.010.010.010.090.100.050.050.03
OPM % 0.00%60.00%25.00%46.51%47.62%5.88%6.25%7.69%40.91%32.26%6.76%12.20%15.79%
Other Income 0.00-0.02-0.050.020.000.000.000.000.000.000.000.00-0.01
Interest 0.000.010.000.000.000.000.000.000.000.020.020.000.00
Depreciation 0.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax 0.000.150.010.220.200.010.010.010.090.080.030.050.02
Tax % 20.00%0.00%0.00%15.00%0.00%0.00%0.00%100.00%25.00%33.33%20.00%
Net Profit 0.000.120.000.220.170.010.000.010.000.060.020.030.01
EPS in Rs 0.720.560.030.000.030.000.200.070.100.03
Dividend Payout % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2015-20162017-20182018-20192019-20202021-20222023-20242024-2025
YoY Net Profit Growth (%)-100.00%-22.73%-94.12%-100.00%-100.00%-66.67%50.00%
Change in YoY Net Profit Growth (%)0.00%77.27%-71.39%-5.88%0.00%33.33%116.67%

Mask Investments Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2015-2016 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:3%
5 Years:21%
3 Years:23%
TTM:-44%
Compounded Profit Growth
10 Years:-14%
5 Years:%
3 Years:%
TTM:-100%
Stock Price CAGR
10 Years:%
5 Years:21%
3 Years:49%
1 Year:111%
Return on Equity
10 Years:0%
5 Years:0%
3 Years:0%
Last Year:0%

Last Updated: Unknown

Balance Sheet

Last Updated: December 10, 2025, 3:04 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 3.053.053.053.053.053.053.053.053.053.053.053.053.05
Reserves 0.480.600.600.8225.823.402.2115.4069.0995.02151.4194.9987.23
Borrowings 1.951.951.950.770.780.780.730.580.890.770.830.700.75
Other Liabilities 0.020.130.130.100.130.030.010.050.120.210.170.260.17
Total Liabilities 5.505.735.734.7429.787.266.0019.0873.1599.05155.4699.0091.20
Fixed Assets 0.000.000.000.000.000.000.000.000.000.000.000.000.00
CWIP 0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments 3.903.763.683.6828.436.004.8117.9871.6897.55153.9297.4689.75
Other Assets 1.601.972.051.061.351.261.191.101.471.501.541.541.45
Total Assets 5.505.735.734.7429.787.266.0019.0873.1599.05155.4699.0091.20

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -0.65-0.19-0.100.93-0.43-0.010.030.13-0.39-0.05-0.62-0.12
Cash from Investing Activity + 0.670.230.100.010.35-0.00-0.00-0.000.110.150.600.30
Cash from Financing Activity + -0.00-0.00-0.00-0.960.040.04-0.05-0.110.31-0.140.04-0.13
Net Cash Flow 0.020.04-0.00-0.01-0.040.02-0.020.020.03-0.040.020.05
Free Cash Flow -0.65-0.19-0.100.93-0.43-0.010.030.13-0.39-0.05-0.62-0.12
CFO/OP -106%-117%465%-215%200%300%1,300%-311%-40%-1,120%-240%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-1.95-1.77-1.89-0.57-0.58-0.77-0.72-0.57-0.80-0.67-0.78-0.65

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 0.000.000.000.000.000.0091.250.000.000.000.000.00
Inventory Days
Days Payable
Cash Conversion Cycle 0.000.000.000.000.000.0091.250.000.000.000.000.00
Working Capital Days -2,774.00-206.83-121.67135.81373.69923.241,026.562,835.772,140.231,495.32656.011,050.49
ROCE %0.00%3.25%1.07%3.91%1.17%0.05%0.15%0.08%0.20%0.12%0.04%0.04%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 72.25%72.25%72.25%72.25%72.25%72.25%72.25%72.25%72.25%72.25%72.25%72.25%
Public 27.75%27.75%27.75%27.75%27.75%27.75%27.75%27.75%27.75%27.75%27.75%27.75%
No. of Shareholders 1,7931,7791,7781,7491,7491,7891,8012,1762,2312,2042,2322,287

Shareholding Pattern Chart

No. of Shareholders

Mask Investments Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 0.110.070.190.010.02
Diluted EPS (Rs.) 0.110.070.190.010.02
Cash EPS (Rs.) 0.110.060.190.010.01
Book Value[Excl.RevalReserv]/Share (Rs.) 321.30506.19321.39236.4160.45
Book Value[Incl.RevalReserv]/Share (Rs.) 321.30506.19321.39236.4160.45
Revenue From Operations / Share (Rs.) 1.342.431.010.720.31
PBDIT / Share (Rs.) 0.150.140.330.280.02
PBIT / Share (Rs.) 0.150.140.330.280.02
PBT / Share (Rs.) 0.150.090.250.280.02
Net Profit / Share (Rs.) 0.110.060.190.010.01
PBDIT Margin (%) 11.566.0833.5340.158.40
PBIT Margin (%) 11.566.0833.5340.158.40
PBT Margin (%) 11.533.7725.5540.128.34
Net Profit Margin (%) 8.412.8219.111.096.01
Return on Networth / Equity (%) 0.030.010.060.000.03
Return on Capital Employeed (%) 0.040.020.100.120.04
Return On Assets (%) 0.030.010.050.000.03
Total Debt / Equity (X) 0.010.010.010.010.03
Asset Turnover Ratio (%) 0.000.010.000.000.01
Current Ratio (X) 1.611.551.541.471.75
Quick Ratio (X) 1.611.551.541.471.75
Interest Coverage Ratio (X) 474.002.644.201337.52123.51
Interest Coverage Ratio (Post Tax) (X) 346.002.233.4037.6289.34
Enterprise Value (Cr.) 53.8324.2514.1011.4110.49
EV / Net Operating Revenue (X) 131.2932.6645.7151.91109.24
EV / EBITDA (X) 1135.62537.03136.34129.271299.14
MarketCap / Net Operating Revenue (X) 129.8231.6043.2948.17103.56
Price / BV (X) 0.540.150.130.140.53
Price / Net Operating Revenue (X) 129.8831.6143.3248.19103.82

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Mask Investments Ltd. is a Public Limited Listed company incorporated on 17/11/1992 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L65993GJ1992PLC036653 and registration number is 036653. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company's Total Operating Revenue is Rs. 0.41 Cr. and Equity Capital is Rs. 3.05 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Finance & InvestmentsOffice No. 908, 9th Floor, Rajhans Montessa, Surat Gujarat 395007Contact not found
Management
NamePosition Held
Mr. Narayan Sitaram SabooChairman & Director
Mrs. Ayushi Manish SabooManaging Director & CFO
Mr. Naresh Sitaram SabooNon Executive Director
Ms. Samiksha Rajesh NandwaniIndependent Director
Mrs. Pragya Rahul MemaniIndependent Director
Mr. Dishant Kaushikbhai JariwalaIndependent Director

FAQ

What is the intrinsic value of Mask Investments Ltd and is it undervalued?

As of 04 April 2026, Mask Investments Ltd's intrinsic value is ₹99.22, which is 19.98% lower than the current market price of ₹124.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (0.02 %), book value (₹296), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Mask Investments Ltd?

Mask Investments Ltd is trading at ₹124.00 as of 04 April 2026, with a FY2026-2027 high of ₹246 and low of ₹115. The stock is currently near its 52-week low. Market cap stands at ₹37.8 Cr..

How does Mask Investments Ltd's P/E ratio compare to its industry?

Mask Investments Ltd has a P/E ratio of 3,784, which is above the industry average of 98.51. This significantly elevated P/E suggests the market expects strong future growth, or the stock may be overpriced relative to current earnings.

Is Mask Investments Ltd financially healthy?

Key indicators for Mask Investments Ltd: ROCE of 0.04 % is on the lower side compared to the industry average of 21.71%; ROE of 0.02 % is below ideal levels (industry average: 14.20%). Dividend yield is 0.00 %.

Is Mask Investments Ltd profitable and how is the profit trend?

Mask Investments Ltd reported a net profit of ₹0 Cr in Mar 2025 on revenue of ₹0 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does Mask Investments Ltd pay dividends?

Mask Investments Ltd has a dividend yield of 0.00 % at the current price of ₹124.00. The company is currently not paying meaningful dividends.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mask Investments Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports