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Binayak Tex ProcessorsBOM:523054 21 Piotroski F-Score is 8 as of Aug. 17, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates BOM:523054 with a GF Score™ of 21/100 and a GF Value™ of ₹2,221.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,045 Manufacturing - Apparel & Accessories companies, Binayak Tex Processors ranks better than 98.47% 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
Binayak Tex Processors 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 Binayak Tex Processors's Piotroski F-Score or its related term are showing as below:
BOM:523054'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Binayak Tex Processors was 8. The lowest was 4. And the median was 7.
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.
Binayak Tex Processors Piotroski F-Score Related Terms
Binayak Tex Processors Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Binayak Tex Processors'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 Textile Manufacturing subindustry, Binayak Tex Processors'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.
Binayak Tex Processors Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Binayak Tex Processors's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Binayak Tex Processors'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.
Binayak Tex Processors's current Net Income (TTM) was 25.
==> 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.
Binayak Tex Processors's return on assets of this year was 0.01151819. Binayak Tex Processors's return on assets of last year was 0.01341415.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Binayak Tex Processors's gearing of this year was 0.0340626. Binayak Tex Processors's gearing of last year was 0.05618505.
==> 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
Binayak Tex Processors's current ratio of this year was 1.18806015. Binayak Tex Processors's current ratio of last year was 1.0852907.
==> 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.
Binayak Tex Processors's number of shares in issue this year was 0.711. Binayak Tex Processors's number of shares in issue last year was 0.711.
==> 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.
Binayak Tex Processors's gross margin of this year was 0.40794556. Binayak Tex Processors's gross margin of last year was 0.40258195.
==> 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
Binayak Tex Processors's asset turnover of this year was 1.16281393. Binayak Tex Processors's asset turnover of last year was 1.06847429.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Binayak Tex Processors has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Binayak Tex Processors (BOM:523054) has a Piotroski F-Score of 8 as of Aug. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Binayak Tex Processors and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Binayak Tex Processors' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Binayak Tex Processors ranks #16 out of 1045 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.5%.
Is Binayak Tex Processors' Piotroski F-Score too high?
Binayak Tex Processors' current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Binayak Tex Processors' value of 8 is 60% above this industry median. Based on the distribution chart, Binayak Tex Processors ranks #16 out of 1045 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Binayak Tex Processors has a GF Score™ of 21/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Binayak Tex Processors' Piotroski F-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Binayak Tex Processors ranks #16 out of 1045 companies for Piotroski F-Score. This places Binayak Tex Processors in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Binayak Tex Processors' value of 8 is 60% above this benchmark. Historically, Binayak Tex Processors' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Binayak Tex Processors 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 Manufacturing - Apparel & Accessories company?
The median Piotroski F-Score among Manufacturing - Apparel & Accessories companies is 5.00, based on 1,045 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. Binayak Tex Processors'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 Binayak Tex Processors and its competitors. For the Manufacturing - Apparel & Accessories 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. Binayak Tex Processors's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binayak Tex Processors stock overvalued right now?
Based on GuruFocus' analysis, Binayak Tex Processors (BOM:523054) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,221.75, compared to a current price of ₹1,680.00 — trading 24.4% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Manufacturing - Apparel & Accessories industry median of 5.00. Binayak Tex Processors' overall GF Score™ is 21/100 with 2 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 Binayak Tex Processors (BOM:523054), the current Piotroski F-Score is 8 as of Aug. 17, 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 Binayak Tex Processors (BOM:523054) Overvalued in 2026?
Based on GuruFocus' analysis, Binayak Tex Processors stock appears to be undervalued.
The current stock price of ₹1,680.00 is trading 24.4% below its estimated GF Value™ of ₹2,221.75.
GuruFocus considers Binayak Tex Processors to be Modestly Undervalued.
Key valuation signals for BOM:523054:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: ₹2,221.75 vs. price of ₹1,680.00 (24.4% below fair value)
Industry Position: 60% above the Manufacturing - Apparel & Accessories median (#16 of 1045)
No single metric tells the full story. See the BOM:523054 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Binayak Tex Processors Ltd engaged in the manufacturing of textile fabrics. It operates through the Textile Business and Finance Business segments. The firm is also engaged in the business of manufacturing and processing of textile fabrics. Its products include prints, such as wax print, all-over print, reactive print, discharge print and single color dye, and home-textile, such as bed sets and quilts. The company offers bed sheets, towels, kitchen apron, curtains, pillows, and cushions. The company has two segments Textile business and Finance business segment.
21GF Score
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