Shiny profits, shady practices? Unpacking this micro-cap's spurious 52x yearly profit surge

Picture this: A company with a net profit margin of 13 per cent, jaw-dropping ROE and ROCE of over 170 per cent each, negligible debt, and a meteoric YoY profit growth of 5,179 per cent as of FY24. Not just that, it trades at a miniscule P/E ratio of 3 times with a dividend yield of over 6 per cent!