BeaconCaps
SME SME Research · 01

Scorecards that show their working.

Five pillars, 19 signals, one grade. Every score is a fixed function of the reported numbers, so the same filings always produce the same card, and every signal shows the figures behind it.

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Reported fundamentals and NSE prices via Yahoo Finance (delayed). Informational only — not investment advice.

Coverage board

Eight small caps, four scored live.

refreshes hourly · grades A ≥ 75 · B ≥ 60 · C ≥ 45
  1. CKPIGREENKPI Green Energy Ltd55/10018 of 19 scoredGrowthProfitBalanceCashGovern.₹334.45+2.34%
  2. BSENCOSenco Gold Ltd72/10017 of 19 scoredGrowthProfitBalanceCashGovern.₹320.6+0.58%
  3. DTARSONSTarsons Products Ltd36/10017 of 19 scoredGrowthProfitBalanceCashGovern.₹341.7+3.03%
  4. BRATEGAINRategain Travel Technologies Ltd73/10017 of 19 scoredGrowthProfitBalanceCashGovern.₹854.55+0.01%
  5. —EMUDHRAeMudhraBuild on demand ₹605.5-0.39%
  6. —SYRMASyrma SGS TechnologyBuild on demand ₹1,747+3.66%
  7. —GRAVITAGravita IndiaBuild on demand ₹1,496-0.33%
  8. —NAZARANazara TechnologiesBuild on demand ₹378.45-0.29%

The first four are built on each refresh; the rest build on first open. A row without a grade is not a judgement, it has not been scored yet.

Four lenses

One card, read four ways.

The score does not change with the reader. What changes is which signals lead and what gets said about the gaps. Each scorecard closes with a short read for every segment, built from the same numbers.

  1. 01Pre-listingFounders and CFOs preparing an SME or main-board issue

    What the market pays listed peers for growth and margin, and how promoter holding, pledge and leverage get discounted at the IPO table.

  2. 02RetailIndividual investors who want two numbers and the flags

    Grade, ROE, debt to equity and any signal that fails the rubric, in the order they matter. Nothing about price targets.

  3. 03HNILarger personal books sizing a position in a thin float

    Promoter, institutional and public split, shareholder count, market cap, and the leverage and cash items that decide how much is sensible to hold.

  4. 04InstitutionalFunds and family offices running formal diligence

    Governance and cash-conversion flags first, then an honest list of what the scorecard cannot see: auditors, related parties, contingent liabilities.

The SME Research Suite

Eight ways to read an SME. One method.

From the day a DRHP is filed to the quarter after listing, every report runs on the same fixed scorecard. Same filings in, same card out. Pick the report that fits where you are in the SME’s life.

  1. 01Pre-Listing ScorecardEvery SME IPO, scored at DRHP stage.

    Financials, governance and promoter background, run through the five-pillar scorecard, so you see the grade before the issue is priced.

    CadenceEvery filing
    Built forPre-listing · Retail · HNI · Institutional
    StatusLive
  2. 02Listing ReportThe RHP read, before the issue opens.

    What changed between DRHP and RHP, what the final numbers say, and which signals moved the grade. Read it before you apply, not after.

    CadenceEvery RHP
    Built forRetail · HNI · Institutional
    StatusIn development
  3. 03Initiation ReportFull first-cut coverage of a newly tracked SME.

    Business, financials, governance and the full 19-signal breakdown in one document. After the first report, the company rolls into our quarterly updates.

    CadenceOnce, then quarterly
    Built forRetail · HNI · Institutional
    StatusLive
  4. 04Quarterly Result TrackerResults season, decoded.

    What the latest numbers did to the scorecard: which signals improved, which slipped, and what moved the grade.

    CadenceEvery result season
    Built forRetail · HNI · Institutional
    StatusIn development
  5. 05Red-Flag ScanThe things a headline number won't show you.

    Related-party transactions, auditor changes, promoter pledge levels and litigation, checked and reported on a fixed schedule. Flags come with the figures behind them.

    CadenceQuarterly or half-yearly
    Built forHNI · Institutional
    StatusIn development
  6. 06Peer Benchmarking NoteYour SME against its sector.

    Margins, growth and leverage set against listed peers, so a good number is judged against the sector and not on its own.

    CadenceQuarterly
    Built forPre-listing · HNI · Institutional
    StatusIn development
  7. 07SME PulseThe whole SME universe, in one digest.

    Corporate actions, block deals and the news that matters across listed SMEs. It's a scan of what happened, not a recommendation.

    CadenceWeekly or monthly digest
    Built forRetail · HNI
    StatusPlanned
  8. 08Institutional BriefingDue-diligence-style notes, on request.

    A bespoke note for pre-IPO and pre-DRHP funds, built to the question you're asking. Includes an honest list of what a scorecard cannot see.

    CadenceAd hoc, on request
    Built forInstitutional
    StatusLive
Where it fits
01
Before listing
  • Pre-Listing Scorecard
02
At listing
  • Listing Report
03
After listing
  • Initiation Report
  • Quarterly Result Tracker
  • Red-Flag Scan
  • Peer Benchmarking Note
  • SME Pulse
04
On demand
  • Institutional Briefing
How we score

Show the working. Every time.

25
Growth
25
Profitability
20
Balance sheet
15
Cash conversion
15
Governance

Each signal maps a reported figure to 0–100 on a straight ramp between two printed anchors. A pillar is the plain average of its scored signals; the overall is the weighted average of scored pillars, renormalised when a pillar has nothing to score. A promoter pledge is scored only when one is reported, so “not scored” there is not a clean bill. Auditor changes, related-party dealings and contingent liabilities are never in the input and are listed as not scored so the gap stays visible.

  1. 01Fixed function

    Every score is a fixed function of reported numbers. The same filings always produce the same card.

  2. 02Signals, not opinions

    Multiple pillars and signals but only one grade. Each signal shows the figures behind it.

  3. 03No price targets

    We tell you what the numbers say and where they fail the rubric. We don’t tell you what a stock will do.

Pick your lens

Same score. Different first page.

  1. Pre-listing

    Founders and CFOs preparing an issue. See how the market would read you before it does.

    Pre-Listing ScorecardPeer Benchmarking Note
  2. Retail

    Two numbers and the flags.

    Listing ReportQuarterly Result TrackerSME Pulse
  3. HNI

    Sizing a position in a thin float.

    Initiation ReportRed-Flag ScanPeer Benchmarking Note
  4. Institutional

    Formal diligence, with the gaps stated.

    Institutional BriefingRed-Flag Scan

Score your first SME.

Type a company name or NSE symbol and see the card. It’s free to try.

Score a stockFor Business

Preparing an SME issue, or running a pre-IPO fund? Talk to us about a scorecard or briefing built for you.

Informational only, not investment advice. Prices via Yahoo Finance (delayed). BeaconCaps is a SEBI-registered Research Analyst, Reg. No. INH000021377.