Fruition Venture (BOM:538568) Piotroski F-Score: 7 (As of Jul. 04, 2026) — 17% Above Median


BOM:538568 Fruition Venture Ltd BOM:538568
65 GF Score
Price ₹30.00
GF Value ₹70.50
Valuation Significantly Undervalued
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What is Fruition Venture Piotroski F-Score?

Fruition Venture BOM:538568 +3.91% 65 Piotroski F-Score is 7 as of Jul. 04, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates BOM:538568 with a GF Score™ of 65/100 and a GF Value™ of ₹70.50 (Significantly Undervalued). Among 786 Capital Markets companies, Fruition Venture ranks better than 91.73% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Fruition Venture has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

BOM:538568' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Fruition Venture was 7. The lowest was 1. And the median was 6.

Fruition Venture  (BOM:538568) 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.


Fruition Venture Piotroski F-Score Related Terms


Fruition Venture Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Fruition Venture'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.

Fruition Venture Piotroski F-Score Chart

Fruition Venture 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 7.00 7.00 1.00 7.00 7.00

Fruition Venture 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 7.00 0.00 0.00 0.00 7.00

BOM:538568 vs MS, GS, SCHW: Piotroski F-Score Comparison

For the Capital Markets subindustry, Fruition Venture'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.


Fruition Venture Piotroski F-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fruition Venture's Piotroski F-Score distribution charts can be found below:

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


BOM:538568
65GF Score
Fruition Venture Ltd BOM:538568
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 ₹-9.83 Mil.
Cash Flow from Operations was ₹6.14 Mil.
Revenue was ₹52.04 Mil.
Gross Profit was ₹15.11 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (63.854 + 61.899) / 2 = ₹62.8765 Mil.
Total Assets at the begining of this year (Mar25) was ₹63.85 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.
Total Current Assets was ₹15.39 Mil.
Total Current Liabilities was ₹9.34 Mil.
Net Income was ₹-2.19 Mil.

Revenue was ₹36.28 Mil.
Gross Profit was ₹6.78 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (69.551 + 63.854) / 2 = ₹66.7025 Mil.
Total Assets at the begining of last year (Mar24) was ₹69.55 Mil.
Long-Term Debt & Capital Lease Obligation was ₹4.91 Mil.
Total Current Assets was ₹11.40 Mil.
Total Current Liabilities was ₹11.06 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.

Fruition Venture's current Net Income (TTM) was -9.83. ==> 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.

Fruition Venture's current Cash Flow from Operations (TTM) was 6.14. ==> 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)
=-9.827/63.854
=-0.15389795

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-2.192/69.551
=-0.03151644

Fruition Venture's return on assets of this year was -0.15389795. Fruition Venture's return on assets of last year was -0.03151644. ==> 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.

Fruition Venture's current Net Income (TTM) was -9.83. Fruition Venture's current Cash Flow from Operations (TTM) was 6.14. ==> 6.14 > -9.83 ==> 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
=0/62.8765
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=4.911/66.7025
=0.07362543

Fruition Venture's gearing of this year was 0. Fruition Venture's gearing of last year was 0.07362543. ==> 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
=15.392/9.335
=1.64884842

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=11.397/11.061
=1.030377

Fruition Venture's current ratio of this year was 1.64884842. Fruition Venture's current ratio of last year was 1.030377. ==> 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.

Fruition Venture's number of shares in issue this year was 4. Fruition Venture's number of shares in issue last year was 4. ==> 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
=15.107/52.042
=0.29028477

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6.775/36.282
=0.18673171

Fruition Venture's gross margin of this year was 0.29028477. Fruition Venture's gross margin of last year was 0.18673171. ==> 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)
=52.042/63.854
=0.8150155

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=36.282/69.551
=0.52166036

Fruition Venture's asset turnover of this year was 0.8150155. Fruition Venture's asset turnover of last year was 0.52166036. ==> 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
=0+1+0+1+1+1+1+1+1
=7

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

Fruition Venture has an F-score of 7. 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 7 mean?
Fruition Venture (BOM:538568) has a Piotroski F-Score of 7 as of Jul. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Fruition Venture and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Fruition Venture's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Fruition Venture ranks #65 out of 786 companies in the Capital Markets industry, placing it in the top 8.3%.
Is Fruition Venture's Piotroski F-Score too high?
Fruition Venture's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Capital Markets industry median Piotroski F-Score is 5.00. Fruition Venture's value of 7 is 40% above this industry median. Based on the distribution chart, Fruition Venture ranks #65 out of 786 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Fruition Venture has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fruition Venture's Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Fruition Venture ranks #65 out of 786 companies for Piotroski F-Score. This places Fruition Venture in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Fruition Venture's value of 7 is 40% above this benchmark. Historically, Fruition Venture's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Fruition Venture 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 786 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. Fruition Venture's current Piotroski F-Score of 7 is 40% 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 Fruition Venture and its competitors. For the Capital Markets 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. Fruition Venture's current Piotroski F-Score is 7, which is 17% 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 Fruition Venture stock overvalued right now?
Based on GuruFocus' analysis, Fruition Venture (BOM:538568) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹70.50, compared to a current price of ₹30.00 — trading 57.4% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Capital Markets industry median of 5.00. Fruition Venture's overall GF Score™ is 65/100. 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 Fruition Venture (BOM:538568), the current Piotroski F-Score is 7 as of Jul. 04, 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 Fruition Venture (BOM:538568) Overvalued in 2026?

Based on GuruFocus' analysis, Fruition Venture stock appears to be undervalued. The current stock price of ₹30.00 is trading 57.4% below its estimated GF Value™ of ₹70.50. GuruFocus considers Fruition Venture to be Significantly Undervalued.

Key valuation signals for BOM:538568:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: ₹70.50 vs. price of ₹30.00 (57.4% below fair value)
  • GF Score™: 65/100
  • Industry Position: 40% above the Capital Markets median (#65 of 786)

No single metric tells the full story. See the BOM:538568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fruition Venture Business Description

Address 1301, Padma Tower-1, Rajendra Place, New Delhi, IND, 110008
Fruition Venture Ltd, based in New Delhi, India, is an industrial and investment company with diverse business interests. The company is involved in trading shares, securities, and commodities and provides financial brokerage services. It operates across sectors including polymer manufacturing, consumer goods, IT, and emerging industries. Fruition Venture also engages in contract manufacturing, producing polymer-based products, and markets consumer goods under its brand "Pure Soft," including wet wipes. The company focuses on sustainable growth and expanding its market presence through strategic investments and operations. Majority source of revenue for the company is through the sale of shares.
65GF Score

Get the complete analysis for BOM:538568

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

₹30.00
Price
₹70.50
GF Value