Kohinoor Foods (BOM:512559) Piotroski F-Score: 4 (As of Jul. 05, 2026) — Near Median


BOM:512559 Kohinoor Foods Ltd BOM:512559
50 GF Score
Price ₹24.72
GF Value ₹68.56
Valuation Possible Value Trap
! 4 Warning Signs
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What is Kohinoor Foods Piotroski F-Score?

Kohinoor Foods BOM:512559 -1.47% 50 Piotroski F-Score is 4 as of Jul. 05, 2026, which is at its 10-year median of 4.00. GuruFocus rates BOM:512559 with a GF Score™ of 50/100 and a GF Value™ of ₹68.56 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Kohinoor Foods ranks worse than 66.91% on this metric.

The zones of discrimination were as such:

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

Kohinoor Foods has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

BOM:512559' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 4   Max: 7
Current: 4

During the past 13 years, the highest Piotroski F-Score of Kohinoor Foods was 7. The lowest was 2. And the median was 4.

Kohinoor Foods  (BOM:512559) 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.


Kohinoor Foods Piotroski F-Score Related Terms


Kohinoor Foods Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kohinoor Foods'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.

Kohinoor Foods Piotroski F-Score Chart

Kohinoor Foods 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 4.00 6.00 7.00 4.00 4.00

Kohinoor Foods 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 4.00 0.00 0.00 0.00 4.00

BOM:512559 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Kohinoor Foods'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.


Kohinoor Foods Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kohinoor Foods's Piotroski F-Score distribution charts can be found below:

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


BOM:512559
50GF Score
Kohinoor Foods Ltd BOM:512559
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 ₹807 Mil.
Cash Flow from Operations was ₹-655 Mil.
Revenue was ₹1,476 Mil.
Gross Profit was ₹367 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2094.316 + 919.7) / 2 = ₹1507.008 Mil.
Total Assets at the begining of this year (Mar25) was ₹2,094 Mil.
Long-Term Debt & Capital Lease Obligation was ₹1,030 Mil.
Total Current Assets was ₹446 Mil.
Total Current Liabilities was ₹803 Mil.
Net Income was ₹3,525 Mil.

Revenue was ₹864 Mil.
Gross Profit was ₹528 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2259.283 + 2094.316) / 2 = ₹2176.7995 Mil.
Total Assets at the begining of last year (Mar24) was ₹2,259 Mil.
Long-Term Debt & Capital Lease Obligation was ₹749 Mil.
Total Current Assets was ₹432 Mil.
Total Current Liabilities was ₹2,968 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.

Kohinoor Foods's current Net Income (TTM) was 807. ==> 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.

Kohinoor Foods's current Cash Flow from Operations (TTM) was -655. ==> Negative ==> Score 0.

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)
=806.6/2094.316
=0.38513768

ROA (Last Year)=Net Income/Total Assets (Mar24)
=3524.9/2259.283
=1.56018524

Kohinoor Foods's return on assets of this year was 0.38513768. Kohinoor Foods's return on assets of last year was 1.56018524. ==> Last year is higher ==> Score 0.

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.

Kohinoor Foods's current Net Income (TTM) was 807. Kohinoor Foods's current Cash Flow from Operations (TTM) was -655. ==> -655 <= 807 ==> CFROA <= ROA ==> Score 0.

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
=1029.7/1507.008
=0.68327441

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=748.906/2176.7995
=0.34403995

Kohinoor Foods's gearing of this year was 0.68327441. Kohinoor Foods's gearing of last year was 0.34403995. ==> 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
=445.9/802.5
=0.55563863

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=431.875/2968.239
=0.14549873

Kohinoor Foods's current ratio of this year was 0.55563863. Kohinoor Foods's current ratio of last year was 0.14549873. ==> 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.

Kohinoor Foods's number of shares in issue this year was 37.085. Kohinoor Foods's number of shares in issue last year was 37.089. ==> 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
=366.7/1476
=0.24844173

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=528.4/863.9
=0.61164487

Kohinoor Foods's gross margin of this year was 0.24844173. Kohinoor Foods's gross margin of last year was 0.61164487. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=1476/2094.316
=0.70476471

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=863.9/2259.283
=0.38237795

Kohinoor Foods's asset turnover of this year was 0.70476471. Kohinoor Foods's asset turnover of last year was 0.38237795. ==> 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+0+0+0+0+1+1+0+1
=4

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

Kohinoor Foods has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 4 mean?
Kohinoor Foods (BOM:512559) has a Piotroski F-Score of 4 as of Jul. 05, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kohinoor Foods and its competitors. This is near median its historical median of 4.00. Over the past decade, Kohinoor Foods' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Kohinoor Foods ranks #1280 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 66.9%.
Is Kohinoor Foods' Piotroski F-Score too high?
Kohinoor Foods' current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Kohinoor Foods' value of 4 is 20% below this industry median. Based on the distribution chart, Kohinoor Foods ranks #1280 out of 1913 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Kohinoor Foods has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kohinoor Foods' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kohinoor Foods ranks #1280 out of 1913 companies for Piotroski F-Score. This places Kohinoor Foods in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Kohinoor Foods' value of 4 is 20% below this benchmark. Historically, Kohinoor Foods' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Kohinoor Foods 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,913 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. Kohinoor Foods's current Piotroski F-Score of 4 is 20% 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 Kohinoor Foods and its competitors. For the Consumer Packaged Goods 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. Kohinoor Foods's current Piotroski F-Score is 4, which is near median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kohinoor Foods stock overvalued right now?
Based on GuruFocus' analysis, Kohinoor Foods (BOM:512559) is currently considered Possible Value Trap. The stock's GF Value™ is ₹68.56, compared to a current price of ₹24.72 — trading 63.9% below its estimated fair value. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Kohinoor Foods' overall GF Score™ is 50/100 with 4 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 Kohinoor Foods (BOM:512559), the current Piotroski F-Score is 4 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 Kohinoor Foods (BOM:512559) Overvalued in 2026?

Based on GuruFocus' analysis, Kohinoor Foods stock appears to be undervalued. The current stock price of ₹24.72 is trading 63.9% below its estimated GF Value™ of ₹68.56. GuruFocus considers Kohinoor Foods to be Possible Value Trap.

Key valuation signals for BOM:512559:

  • Piotroski F-Score: 4 (near median its 10-year median of 4.00)
  • GF Value™: ₹68.56 vs. price of ₹24.72 (63.9% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 20% below the Consumer Packaged Goods median (#1280 of 1913)

No single metric tells the full story. See the BOM:512559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kohinoor Foods Business Description

Other Exchanges KOHINOOR:India
Address Shooting Range Road, 10th Floor, Pinnacle Business Tower, Surajkund, Faridabad, HR, IND, 121001
Kohinoor Foods Ltd is engaged in the packaged foods business sector. The company is involved in producing basmati rice, ready-to-eat curries, and meals, readymade gravies, and cooking pastes, chutneys, and spices. The company's products are exported to the UK, USA, UAE, Canada, Australia, Singapore, and Japan. The organization sells its products under the brand name Kohinoor.
50GF Score

Get the complete analysis for BOM:512559

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

₹24.72
Price
₹68.56
GF Value