A fully precise match to all four conditions (CMP < book value, promoter holding > 70%, near debt-free, and a “huge land bank”) is rare at any given point in time, and the current live screening universe can change daily. I cannot reliably give you a single specific stock name as of today without risking inaccuracy in at least one of those filters.

Instead, here is how you can systematically find such stocks yourself using Indian screeners, and the types of companies that typically fit your theme:

1. How to screen for your conditions (India)

Use any good Indian equity screener (for example, Screener, Trendlyne, Tickertape, etc.) and apply filters like:

1. Valuation

- Price to Book (P/B):

- `P/B < 1` (or at most `P/B < 1.2` if you want a broader list)

- Market Cap:

- Optionally filter `> ₹500 Cr` or `> ₹1,000 Cr` if you want some minimum size.

2. Promoter Holding

- `Promoter holding ≥ 70%`

- Exclude:

- “Pledged shares > 0%” (or at least keep pledged % very low).

3. Debt

- `Debt-to-Equity < 0.2`

- OR `Total Debt = 0` (if the screener supports this).

- Also check “Interest coverage ratio > 5” as an additional quality filter.

4. Land bank / asset-heavy businesses

You can’t directly screen “huge land bank”, so use proxies:

- Sector includes:

- “Real Estate”, “Construction & Engineering”, “Industrial Capital Goods”, “Hotels & Resorts”, “Paper”, “Textiles”, “Plantations”.

- Then manually open each company and:

- Read the Annual Report section on “Fixed assets / Property, plant & equipment / Land”.

- Check the Notes to Accounts for “Freehold Land” and “Leasehold Land”.

- Look for mentions of:

- Large industrial estates, IT parks, SEZs, or big township projects.

- Land in prime urban locations (Mumbai, NCR, Bengaluru, Pune, etc.).

2. Typical categories that match your theme (examples only)

These are illustrative categories, not current live calls:

1. Old manufacturing / textile / paper companies with legacy land

- Many have:

- Promoters still holding high stake.

- Old factories and large land parcels purchased decades ago.

- Accounting at historical cost, so book value understates real land value.

- Sometimes they trade below book value because:

- Core business is low growth / cyclical.

- Market is not assigning value to “hidden” land.

2. Industrial park / exhibition / commercial property owners

- Companies that:

- Own large campuses, trade centers, or industrial estates in metro cities.

- Generate rental / leasing income.

- Often appear cheaper on traditional metrics because:

- “Other income” and “fair value of land” are not fully baked into P&L.

3. Regional real estate / land-rich holding companies

- Smaller listed developers / holding companies with:

- High promoter holding.

- Balance sheet-heavy with land & investments.

- Some trade at P/B below 1 due to:

- Poor market perception.

- Low liquidity.

- Complex corporate structure.

3. How to validate a “huge land bank” claim

Once your screener output gives a shortlist, do this for each candidate:

1. Balance Sheet and Notes

- Check “Property, Plant & Equipment” and “Investment Property”.

- Specifically look for the value of:

- “Freehold Land”.

- “Leasehold Land”.

- Compare the land’s carrying cost (book value) vs.:

- Market prices of surrounding area (you can use basic property portals as reference—only as a rough guide).

2. Management commentary

- Read:

- Annual Report “Management Discussion & Analysis (MD&A)”.

- Chairman’s / MD’s letter.

- Look for:

- Details of land parcels.

- Expansion / monetisation plans.

- Plans to develop, sell or lease land.

3. Corporate actions / disclosures

- Check stock exchange filings:

- Any land sale / development JV / change of land use.

- Related-party transactions involving land.

4. Check for “value trap” risk

Even if all your filters pass, be cautious of:

- Litigation / title disputes on land.

- Regulatory issues (zoning, environmental).

- Chronic capital misallocation by promoters despite strong asset base.

- Extremely low liquidity in the stock (difficult to exit).

4. Positioning and risk thought process (example only)

If you eventually identify a company that:

- Trades at P/B 0.6–0.9,

- Has 70–75% promoter holding with no pledging,

- Has negligible debt,

- Owns a large land parcel in a good location,

then the investment thesis (purely as an example framework) usually rests on:

- Margin of safety through assets:

Market cap vs. conservative value of land + other assets.

- Optionality:

If land monetisation happens (sale / JV / redevelopment), earnings and valuation can re-rate.

- Time horizon:

Such “asset value unlocking” can be very slow. Sometimes nothing happens for years.

This is a highly stock-specific and event-driven / asset-value style approach, not a broad market strategy.

---

If you want, you can share 1–2 names you are already tracking, and I can help you quickly analyse whether they broadly fit these filters using publicly available data and annual reports (only as an educational example, not a recommendation).

If you have any further queries, please connect with us on 022-6290-10141 (Timings : 09.00 AM to 05.00 PM) or you can email us on info@cniinfoxchange.com