Kridhan Infra (BOM:533482) Piotroski F-Score: 5 (As of Jun. 30, 2026) — Near Median


BOM:533482 Kridhan Infra Ltd BOM:533482
44 GF Score
Price ₹2.85
GF Value ₹5.28
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Kridhan Infra Piotroski F-Score?

Kridhan Infra BOM:533482 +2.52% 44 Piotroski F-Score is 5 as of Jun. 30, 2026, which is at its 10-year median of 5.00. GuruFocus rates BOM:533482 with a GF Score™ of 44/100 and a GF Value™ of ₹5.28 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 622 Steel companies, Kridhan Infra ranks better than 55.79% 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

Kridhan Infra has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

BOM:533482' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 7
Current: 5

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

Kridhan Infra  (BOM:533482) 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.


Kridhan Infra Piotroski F-Score Related Terms


Kridhan Infra Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Kridhan Infra'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.

Kridhan Infra Piotroski F-Score Chart

Kridhan Infra 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 2.00 7.00 5.00 6.00 5.00

Kridhan Infra 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 6.00 0.00 0.00 0.00 5.00

BOM:533482 vs NUE, STLD, RS: Piotroski F-Score Comparison

For the Steel subindustry, Kridhan Infra'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.


Kridhan Infra Piotroski F-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Kridhan Infra's Piotroski F-Score distribution charts can be found below:

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


BOM:533482
44GF Score
Kridhan Infra Ltd BOM:533482
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 ₹21.56 Mil.
Cash Flow from Operations was ₹17.25 Mil.
Revenue was ₹34.44 Mil.
Gross Profit was ₹34.29 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (264.358 + 357.264) / 2 = ₹310.811 Mil.
Total Assets at the begining of this year (Mar25) was ₹264.36 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.
Total Current Assets was ₹158.04 Mil.
Total Current Liabilities was ₹3,029.82 Mil.
Net Income was ₹722.92 Mil.

Revenue was ₹25.77 Mil.
Gross Profit was ₹25.77 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (332.296 + 264.358) / 2 = ₹298.327 Mil.
Total Assets at the begining of last year (Mar24) was ₹332.30 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.
Total Current Assets was ₹77.44 Mil.
Total Current Liabilities was ₹3,086.27 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.

Kridhan Infra's current Net Income (TTM) was 21.56. ==> 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.

Kridhan Infra's current Cash Flow from Operations (TTM) was 17.25. ==> 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)
=21.556/264.358
=0.08154094

ROA (Last Year)=Net Income/Total Assets (Mar24)
=722.92/332.296
=2.17553025

Kridhan Infra's return on assets of this year was 0.08154094. Kridhan Infra's return on assets of last year was 2.17553025. ==> 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.

Kridhan Infra's current Net Income (TTM) was 21.56. Kridhan Infra's current Cash Flow from Operations (TTM) was 17.25. ==> 17.25 <= 21.56 ==> 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
=0/310.811
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/298.327
=0

Kridhan Infra's gearing of this year was 0. Kridhan Infra's gearing of last year was 0. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=158.042/3029.821
=0.05216216

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=77.436/3086.27
=0.02509048

Kridhan Infra's current ratio of this year was 0.05216216. Kridhan Infra's current ratio of last year was 0.02509048. ==> 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.

Kridhan Infra's number of shares in issue this year was 97.982. Kridhan Infra's number of shares in issue last year was 94.747. ==> 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
=34.289/34.439
=0.99564447

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=25.767/25.767
=1

Kridhan Infra's gross margin of this year was 0.99564447. Kridhan Infra's gross margin of last year was 1. ==> 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)
=34.439/264.358
=0.1302741

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=25.767/332.296
=0.07754231

Kridhan Infra's asset turnover of this year was 0.1302741. Kridhan Infra's asset turnover of last year was 0.07754231. ==> 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+0+0+1+1+0+0+1
=5

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

Kridhan Infra has an F-score of 5 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 5 mean?
Kridhan Infra (BOM:533482) has a Piotroski F-Score of 5 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Kridhan Infra and its competitors. This is near median its historical median of 5.00. Over the past decade, Kridhan Infra's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Kridhan Infra ranks #275 out of 622 companies in the Steel industry, placing it in the top 44.2%.
Is Kridhan Infra's Piotroski F-Score too high?
Kridhan Infra's current Piotroski F-Score of 5 is near 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 Steel industry median Piotroski F-Score is 5.00. Kridhan Infra's value of 5 is 0% at this industry median. Based on the distribution chart, Kridhan Infra ranks #275 out of 622 companies in the Steel industry, which is above the industry midpoint. Overall, Kridhan Infra has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kridhan Infra's Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Kridhan Infra ranks #275 out of 622 companies for Piotroski F-Score. This puts Kridhan Infra in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Kridhan Infra's value of 5 is 0% at this benchmark. Historically, Kridhan Infra's 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, Kridhan Infra has consistently been at 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 Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 622 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. Kridhan Infra's current Piotroski F-Score of 5 is 0% at 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 Kridhan Infra and its competitors. For the Steel 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. Kridhan Infra's current Piotroski F-Score is 5, which is near 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 Kridhan Infra stock overvalued right now?
Based on GuruFocus' analysis, Kridhan Infra (BOM:533482) is currently considered Possible Value Trap. The stock's GF Value™ is ₹5.28, compared to a current price of ₹2.85 — trading 46% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Steel industry median of 5.00. Kridhan Infra's overall GF Score™ is 44/100 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 Kridhan Infra (BOM:533482), the current Piotroski F-Score is 5 as of Jun. 30, 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 Kridhan Infra (BOM:533482) Overvalued in 2026?

Based on GuruFocus' analysis, Kridhan Infra stock appears to be undervalued. The current stock price of ₹2.85 is trading 46% below its estimated GF Value™ of ₹5.28. GuruFocus considers Kridhan Infra to be Possible Value Trap.

Key valuation signals for BOM:533482:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: ₹5.28 vs. price of ₹2.85 (46% below fair value)
  • GF Score™: 44/100 with 8 warning signs
  • Industry Position: 0% at the Steel median (#275 of 622)

No single metric tells the full story. See the BOM:533482 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kridhan Infra Business Description

Other Exchanges KRIDHANINF:India
Address Ahmedabad Street, Carnac Bunder, 203, Joshi Chambers, Masjid (East), Mumbai, MH, IND, 400 009
Kridhan Infra Ltd is engaged in the business of trading in iron and steel and allied materials. Geographically, it derives a majority of its revenue from Outside India. The company services include bored piling, driven piling, micro piling, soil improvement, and soil investigation. Its products include bridge expansion joints, which have different types of sections such as KRIDHAN-C type, KRIDHAN-Z type, KRIDHAN-F type, and KRIDHAN-L type.
44GF Score

Get the complete analysis for BOM:533482

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

₹2.85
Price
₹5.28
GF Value