Once an NBFC with zero revenue, now a “real estate developer” doing ₹111 Cr in sales out of literally nowhere. A 483x P/E stock with 430 days debtor cycle, negative cash flows, and mysterious ₹80 Cr industrial order despite zero factories. Namaste 🙏
1. 🎯 Introduction with Hook
From Parsharti Investment Ltd to Yogi Ltd, this is a business reincarnation that even Lord Shiva would say, “Too dramatic, beta.”
In FY23, Yogi Ltd decided NBFC life was too boring, so it pivoted to real estate and infrastructure. Suddenly, in FY25, ₹111 Cr sales appeared out of thin air. Like Baba Ramdev, but in balance sheets.
Oh, and the P/E? 483x. At this point, even their calculator is renouncing math.
2. 🏭 WTF Do They Even Do?
Apparently… everything?
Yogi Ltd now claims to be in:
🏗️ Real estate development
🛣️ Infrastructure and town planning
🧱 Contracting, engineering, estate development
🏢 Recently picked up Yogi Realtors LLP and invested ₹45 Cr in Farewell Real Estate Pvt Ltd
Oh, and also received a:
🛒 ₹80 Cr industrial component order (from a company called “Companion Vinimay”) 🤯
Uhh… What? They don’t even list manufacturing as a business vertical.
