Sadhana Nitro ChemBOM:506642 +1.76%57 Piotroski F-Score is 3 as of Jul. 05, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates BOM:506642 with a GF Score™ of 57/100 and a GF Value™ of ₹1.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,562 Chemicals companies, Sadhana Nitro Chem ranks worse than 81.88% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sadhana Nitro Chem has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Sadhana Nitro Chem's Piotroski F-Score or its related term are showing as below:
BOM:506642'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 3
During the past 13 years, the highest Piotroski F-Score of Sadhana Nitro Chem was 8. The lowest was 2. And the median was 5.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Sadhana Nitro Chem Piotroski F-Score Related Terms
Sadhana Nitro Chem Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sadhana Nitro Chem's Piotroski F-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Chemicals subindustry, Sadhana Nitro Chem's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sadhana Nitro Chem Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sadhana Nitro Chem's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sadhana Nitro Chem's Piotroski F-Score falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Sadhana Nitro Chem's current Net Income (TTM) was -864.2.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Sadhana Nitro Chem's return on assets of this year was -0.1356463. Sadhana Nitro Chem's return on assets of last year was 0.01421353.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sadhana Nitro Chem's gearing of this year was 0.07088309. Sadhana Nitro Chem's gearing of last year was 0.25086363.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Sadhana Nitro Chem's current ratio of this year was 1.80449591. Sadhana Nitro Chem's current ratio of last year was 1.41927534.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Sadhana Nitro Chem's number of shares in issue this year was 2964.694. Sadhana Nitro Chem's number of shares in issue last year was 1224.597.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Sadhana Nitro Chem's gross margin of this year was -0.12381719. Sadhana Nitro Chem's gross margin of last year was 0.62168529.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Sadhana Nitro Chem's asset turnover of this year was 0.07796288. Sadhana Nitro Chem's asset turnover of last year was 0.31124997.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Sadhana Nitro Chem has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Sadhana Nitro Chem (BOM:506642) has a Piotroski F-Score of 3 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sadhana Nitro Chem and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Sadhana Nitro Chem's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Sadhana Nitro Chem ranks #1279 out of 1562 companies in the Chemicals industry, placing it in the top 81.9%.
Is Sadhana Nitro Chem's Piotroski F-Score too high?
Sadhana Nitro Chem's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Chemicals industry median Piotroski F-Score is 5.00. Sadhana Nitro Chem's value of 3 is 40% below this industry median. Based on the distribution chart, Sadhana Nitro Chem ranks #1279 out of 1562 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sadhana Nitro Chem has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sadhana Nitro Chem's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Sadhana Nitro Chem ranks #1279 out of 1562 companies for Piotroski F-Score. This places Sadhana Nitro Chem in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Sadhana Nitro Chem's value of 3 is 40% below this benchmark. Historically, Sadhana Nitro Chem's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Sadhana Nitro Chem has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,562 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sadhana Nitro Chem's current Piotroski F-Score of 3 is 40% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sadhana Nitro Chem and its competitors. For the Chemicals industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sadhana Nitro Chem's current Piotroski F-Score is 3, which is 40% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sadhana Nitro Chem stock overvalued right now?
Based on GuruFocus' analysis, Sadhana Nitro Chem (BOM:506642) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.04, compared to a current price of ₹2.89 — trading 177.9% above its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Chemicals industry median of 5.00. Sadhana Nitro Chem's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Sadhana Nitro Chem (BOM:506642), the current Piotroski F-Score is 3 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sadhana Nitro Chem (BOM:506642) Overvalued in 2026?
Based on GuruFocus' analysis, Sadhana Nitro Chem stock appears to be overvalued.
The current stock price of ₹2.89 is trading 177.9% above its estimated GF Value™ of ₹1.04.
GuruFocus considers Sadhana Nitro Chem to be Significantly Overvalued.
Key valuation signals for BOM:506642:
Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
GF Value™: ₹1.04 vs. price of ₹2.89 (177.9% above fair value)
Industry Position: 40% below the Chemicals median (#1279 of 1562)
No single metric tells the full story. See the BOM:506642 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sadhana Nitro Chem Ltd is a company that operates in the chemical business. It is engaged in the manufacture of chemical intermediates, heavy organic chemicals, performance chemicals, and wireless network equipment and services. The company offers chemicals like nitrobenzene, metanilic acid, aniline, ortho-aminophenol, ammonium sulphate, dibutyl keto acid, etc. The majority of its revenue is generated from the sale of chemical intermediaries. The group has two reportable segments based on geographical area, i.e., domestic sales, which form a substantial part of its overall revenue, and export sales.
57GF Score
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