Ruchi Infrastructure (BOM:509020) Piotroski F-Score: 8 (As of Jul. 06, 2026) — 33% Above Median


BOM:509020 Ruchi Infrastructure Ltd BOM:509020
69 GF Score
Price ₹6.00
GF Value ₹8.62
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ruchi Infrastructure Piotroski F-Score?

Ruchi Infrastructure BOM:509020 -1.15% 69 Piotroski F-Score is 8 as of Jul. 06, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates BOM:509020 with a GF Score™ of 69/100 and a GF Value™ of ₹8.62 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,064 Business Services companies, Ruchi Infrastructure ranks better than 97.65% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ruchi Infrastructure has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Ruchi Infrastructure's Piotroski F-Score or its related term are showing as below:

BOM:509020' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Ruchi Infrastructure was 8. The lowest was 4. And the median was 6.

Ruchi Infrastructure  (BOM:509020) Piotroski F-Score Explanation

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.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

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.


Ruchi Infrastructure Piotroski F-Score Related Terms


Ruchi Infrastructure Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ruchi Infrastructure'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.

Ruchi Infrastructure Piotroski F-Score Chart

Ruchi Infrastructure Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 7.00 5.00 8.00

Ruchi Infrastructure Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.00 0.00 0.00 0.00 8.00

BOM:509020 vs CTAS, CPRT, ULS: Piotroski F-Score Comparison

For the Specialty Business Services subindustry, Ruchi Infrastructure'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.


Ruchi Infrastructure Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Ruchi Infrastructure's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ruchi Infrastructure's Piotroski F-Score falls into.


BOM:509020
69GF Score
Ruchi Infrastructure Ltd BOM:509020
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was ₹100.0 Mil.
Cash Flow from Operations was ₹337.9 Mil.
Revenue was ₹611.8 Mil.
Gross Profit was ₹611.8 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (3189.506 + 3181.5) / 2 = ₹3185.503 Mil.
Total Assets at the begining of this year (Mar25) was ₹3,189.5 Mil.
Long-Term Debt & Capital Lease Obligation was ₹613.5 Mil.
Total Current Assets was ₹366.4 Mil.
Total Current Liabilities was ₹404.4 Mil.
Net Income was ₹16.7 Mil.

Revenue was ₹583.6 Mil.
Gross Profit was ₹578.0 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (3194.68 + 3189.506) / 2 = ₹3192.093 Mil.
Total Assets at the begining of last year (Mar24) was ₹3,194.7 Mil.
Long-Term Debt & Capital Lease Obligation was ₹259.6 Mil.
Total Current Assets was ₹400.0 Mil.
Total Current Liabilities was ₹858.6 Mil.

*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.

Ruchi Infrastructure's current Net Income (TTM) was 100.0. ==> Positive ==> Score 1.

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.

Score 1 if positive, 0 if negative.

Ruchi Infrastructure's current Cash Flow from Operations (TTM) was 337.9. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=100/3189.506
=0.03135282

ROA (Last Year)=Net Income/Total Assets (Mar24)
=16.7/3194.68
=0.00522744

Ruchi Infrastructure's return on assets of this year was 0.03135282. Ruchi Infrastructure's return on assets of last year was 0.00522744. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Ruchi Infrastructure's current Net Income (TTM) was 100.0. Ruchi Infrastructure's current Cash Flow from Operations (TTM) was 337.9. ==> 337.9 > 100.0 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=613.5/3185.503
=0.19259125

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=259.604/3192.093
=0.0813272

Ruchi Infrastructure's gearing of this year was 0.19259125. Ruchi Infrastructure's gearing of last year was 0.0813272. ==> Last year is lower than this year ==> Score 0.

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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=366.4/404.4
=0.90603363

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=400.007/858.636
=0.4658633

Ruchi Infrastructure's current ratio of this year was 0.90603363. Ruchi Infrastructure's current ratio of last year was 0.4658633. ==> 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.

Ruchi Infrastructure's number of shares in issue this year was 236.025. Ruchi Infrastructure's number of shares in issue last year was 238.571. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=611.8/611.8
=1

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=578/583.6
=0.99040439

Ruchi Infrastructure's gross margin of this year was 1. Ruchi Infrastructure's gross margin of last year was 0.99040439. ==> This year's gross margin is higher. ==> Score 1.

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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=611.8/3189.506
=0.19181654

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=583.6/3194.68
=0.1826787

Ruchi Infrastructure's asset turnover of this year was 0.19181654. Ruchi Infrastructure's asset turnover of last year was 0.1826787. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+1+1+1+1
=8

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Ruchi Infrastructure has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Ruchi Infrastructure (BOM:509020) has a Piotroski F-Score of 8 as of Jul. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ruchi Infrastructure and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Ruchi Infrastructure's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Ruchi Infrastructure ranks #25 out of 1064 companies in the Business Services industry, placing it in the top 2.3%.
Is Ruchi Infrastructure's Piotroski F-Score too high?
Ruchi Infrastructure's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Business Services industry median Piotroski F-Score is 5.00. Ruchi Infrastructure's value of 8 is 60% above this industry median. Based on the distribution chart, Ruchi Infrastructure ranks #25 out of 1064 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ruchi Infrastructure has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ruchi Infrastructure's Piotroski F-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Ruchi Infrastructure ranks #25 out of 1064 companies for Piotroski F-Score. This places Ruchi Infrastructure in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Ruchi Infrastructure's value of 8 is 60% above this benchmark. Historically, Ruchi Infrastructure's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Ruchi Infrastructure has consistently been above 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,064 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. Ruchi Infrastructure's current Piotroski F-Score of 8 is 60% above 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 Ruchi Infrastructure and its competitors. For the Business Services 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. Ruchi Infrastructure's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruchi Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Ruchi Infrastructure (BOM:509020) is currently considered Possible Value Trap. The stock's GF Value™ is ₹8.62, compared to a current price of ₹6.00 — trading 30.4% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Business Services industry median of 5.00. Ruchi Infrastructure's overall GF Score™ is 69/100 with 5 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 Ruchi Infrastructure (BOM:509020), the current Piotroski F-Score is 8 as of Jul. 06, 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 Ruchi Infrastructure (BOM:509020) Overvalued in 2026?

Based on GuruFocus' analysis, Ruchi Infrastructure stock appears to be undervalued. The current stock price of ₹6.00 is trading 30.4% below its estimated GF Value™ of ₹8.62. GuruFocus considers Ruchi Infrastructure to be Possible Value Trap.

Key valuation signals for BOM:509020:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₹8.62 vs. price of ₹6.00 (30.4% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 60% above the Business Services median (#25 of 1064)

No single metric tells the full story. See the BOM:509020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ruchi Infrastructure Business Description

Other Exchanges RUCHINFRA:India
Address Nath mandir Road, 101, The Horizon, 1st Floor, 11/5 South Tukoganj, Indore, MP, IND, 452 001
Ruchi Infrastructure Ltd is engaged in the business of infrastructure, development, and operation of storage tanks, warehouses, and jetty, and generation of power from wind energy. It is organized into segments Commodities which involve trading in various commodities and products; Infrastructure which includes storage, Wind Energy which includes Generation of Wind Energy, and Others which involves the manufacturing of soaps and other activities. It generates key revenue from India. The company generates the majority of its revenue from Infrastructure segment.
69GF Score

Get the complete analysis for BOM:509020

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹6.00
Price
₹8.62
GF Value