Oswal Overseas (BOM:531065) Piotroski F-Score: 2 (As of Jul. 22, 2026) — 60% Below Median

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BOM:531065 Oswal Overseas Ltd BOM:531065
18 GF Score
Price ₹119.75
GF Value ₹0.15
! 6 Warning Signs
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What is Oswal Overseas Piotroski F-Score?

Oswal Overseas BOM:531065 18 Piotroski F-Score is 2 as of Jul. 22, 2026, which is 60% below its 10-year median of 5.00. GuruFocus rates BOM:531065 with a GF Score™ of 18/100 and a GF Value™ of ₹0.15. The stock has 6 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Oswal Overseas ranks worse than 94.82% on this metric.

Warning Sign:

Piotroski F-Score of 2 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

Oswal Overseas has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

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

BOM:531065' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 2

During the past 13 years, the highest Piotroski F-Score of Oswal Overseas was 7. The lowest was 2. And the median was 5.

Oswal Overseas  (BOM:531065) 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.


Oswal Overseas Piotroski F-Score Related Terms


Oswal Overseas Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Oswal Overseas'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.

Oswal Overseas Piotroski F-Score Chart

Oswal Overseas 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 5.00 7.00 3.00 2.00 2.00

Oswal Overseas 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 2.00 0.00 0.00 0.00 2.00

BOM:531065 vs MDLZ, HSY, TR: Piotroski F-Score Comparison

For the Confectioners subindustry, Oswal Overseas'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.


Oswal Overseas Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


BOM:531065
18GF Score
Oswal Overseas Ltd BOM:531065
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 ₹-91.70 Mil.
Cash Flow from Operations was ₹-26.33 Mil.
Revenue was ₹40.09 Mil.
Gross Profit was ₹-5.16 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (935.875 + 838.077) / 2 = ₹886.976 Mil.
Total Assets at the begining of this year (Mar25) was ₹935.88 Mil.
Long-Term Debt & Capital Lease Obligation was ₹217.74 Mil.
Total Current Assets was ₹61.98 Mil.
Total Current Liabilities was ₹705.87 Mil.
Net Income was ₹-123.84 Mil.

Revenue was ₹676.26 Mil.
Gross Profit was ₹16.36 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (1229.21 + 935.875) / 2 = ₹1082.5425 Mil.
Total Assets at the begining of last year (Mar24) was ₹1,229.21 Mil.
Long-Term Debt & Capital Lease Obligation was ₹191.84 Mil.
Total Current Assets was ₹123.17 Mil.
Total Current Liabilities was ₹736.40 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.

Oswal Overseas's current Net Income (TTM) was -91.70. ==> 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.

Score 1 if positive, 0 if negative.

Oswal Overseas's current Cash Flow from Operations (TTM) was -26.33. ==> 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)
=-91.699/935.875
=-0.0979821

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-123.843/1229.21
=-0.10075008

Oswal Overseas's return on assets of this year was -0.0979821. Oswal Overseas's return on assets of last year was -0.10075008. ==> 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.

Oswal Overseas's current Net Income (TTM) was -91.70. Oswal Overseas's current Cash Flow from Operations (TTM) was -26.33. ==> -26.33 > -91.70 ==> 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
=217.738/886.976
=0.24548353

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=191.838/1082.5425
=0.17721059

Oswal Overseas's gearing of this year was 0.24548353. Oswal Overseas's gearing of last year was 0.17721059. ==> 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
=61.978/705.866
=0.0878042

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=123.168/736.395
=0.16725806

Oswal Overseas's current ratio of this year was 0.0878042. Oswal Overseas's current ratio of last year was 0.16725806. ==> Last year's current ratio is higher ==> Score 0.

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.

Oswal Overseas's number of shares in issue this year was 12.989. Oswal Overseas's number of shares in issue last year was 12.941. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=-5.162/40.094
=-0.12874744

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=16.362/676.263
=0.02419473

Oswal Overseas's gross margin of this year was -0.12874744. Oswal Overseas's gross margin of last year was 0.02419473. ==> 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)
=40.094/935.875
=0.04284119

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=676.263/1229.21
=0.55016067

Oswal Overseas's asset turnover of this year was 0.04284119. Oswal Overseas's asset turnover of last year was 0.55016067. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

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

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

Oswal Overseas has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 2 mean?
Oswal Overseas (BOM:531065) has a Piotroski F-Score of 2 as of Jul. 22, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Oswal Overseas and its competitors. This is 60% below median its historical median of 5.00. Over the past decade, Oswal Overseas' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Oswal Overseas ranks #1813 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 94.8%.
Is Oswal Overseas' Piotroski F-Score too high?
Oswal Overseas' current Piotroski F-Score of 2 is 60% 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 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Oswal Overseas' value of 2 is 60% below this industry median. Based on the distribution chart, Oswal Overseas ranks #1813 out of 1912 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Oswal Overseas has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Oswal Overseas' Piotroski F-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Oswal Overseas ranks #1813 out of 1912 companies for Piotroski F-Score. This places Oswal Overseas in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Oswal Overseas' value of 2 is 60% below this benchmark. Historically, Oswal Overseas' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Oswal Overseas 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 1,912 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. Oswal Overseas's current Piotroski F-Score of 2 is 60% 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 Oswal Overseas 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. Oswal Overseas's current Piotroski F-Score is 2, which is 60% 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 Oswal Overseas stock overvalued right now?
Oswal Overseas (BOM:531065) has a current Piotroski F-Score of 2. The stock's GF Value™ is ₹0.15, compared to a current price of ₹119.75 — trading 79733.3% above its estimated fair value. The current Piotroski F-Score is 2, which is 60% below median its 10-year median of 5.00 and 60% below the Consumer Packaged Goods industry median of 5.00. Oswal Overseas' overall GF Score™ is 18/100 with 6 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 Oswal Overseas (BOM:531065), the current Piotroski F-Score is 2 as of Jul. 22, 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 Oswal Overseas (BOM:531065) Overvalued in 2026?

Based on GuruFocus' analysis, Oswal Overseas stock appears to be overvalued. The current stock price of ₹119.75 is trading 79733.3% above its estimated GF Value™ of ₹0.15.

Key valuation signals for BOM:531065:

  • Piotroski F-Score: 2 (60% below median its 10-year median of 5.00)
  • GF Value™: ₹0.15 vs. price of ₹119.75 (79733.3% above fair value)
  • GF Score™: 18/100 with 6 warning signs
  • Industry Position: 60% below the Consumer Packaged Goods median (#1813 of 1912)

No single metric tells the full story. See the BOM:531065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oswal Overseas Business Description

Address Namberdar Estate, 98A, Second Floor, Taimoor Nagar, New Delhi, IND, 110065
Oswal Overseas Ltd is an Indian company mainly involved in manufacturing and selling sugar and its by-products. It has two reportable segments: Sugar Manufacturing and Power Generation. The majority of the company's revenue is generated from the Sugar Manufacturing segment, which manufactures and markets sugar and its by-products (molasses, bagasse). The main raw material used is sugar cane. Under the Power Generation segment, the company generates power and provides commercial supply to UPPCL under a power purchase agreement of 7 MW signed with UPPCL Lucknow (Uttar Pradesh).
18GF Score

Get the complete analysis for BOM:531065

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

₹119.75
Price
₹0.15
GF Value