Super Fine Knitters (BOM:540269) Piotroski F-Score: 7 (As of Jul. 28, 2026) — Near Median

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BOM:540269 Super Fine Knitters Ltd BOM:540269
57 GF Score
Price ₹8.28
GF Value ₹14.05
Valuation Possible Value Trap
! 3 Warning Signs
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What is Super Fine Knitters Piotroski F-Score?

Super Fine Knitters BOM:540269 57 Piotroski F-Score is 7 as of Jul. 28, 2026, which is at its 10-year median of 7.00. GuruFocus rates BOM:540269 with a GF Score™ of 57/100 and a GF Value™ of ₹14.05 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,052 Manufacturing - Apparel & Accessories companies, Super Fine Knitters ranks better than 90.97% 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

Super Fine Knitters 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 Super Fine Knitters's Piotroski F-Score or its related term are showing as below:

BOM:540269' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Super Fine Knitters was 8. The lowest was 3. And the median was 7.

Super Fine Knitters  (BOM:540269) 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.


Super Fine Knitters Piotroski F-Score Related Terms


Super Fine Knitters Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Super Fine Knitters'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.

Super Fine Knitters Piotroski F-Score Chart

Super Fine Knitters 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 6.00 7.00 8.00 7.00 7.00

Super Fine Knitters Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 8.00 0.00 7.00 0.00 7.00

Super Fine Knitters Piotroski F-Score Competitor Comparison

For the Textile Manufacturing subindustry, Super Fine Knitters'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.


Super Fine Knitters Piotroski F-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Super Fine Knitters's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Super Fine Knitters's Piotroski F-Score falls into.


BOM:540269
57GF Score
Super Fine Knitters Ltd BOM:540269
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 ₹9.2 Mil.
Cash Flow from Operations was ₹34.4 Mil.
Revenue was ₹309.6 Mil.
Gross Profit was ₹114.9 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (397.889 + 396.03) / 2 = ₹396.9595 Mil.
Total Assets at the begining of this year (Mar25) was ₹397.9 Mil.
Long-Term Debt & Capital Lease Obligation was ₹95.2 Mil.
Total Current Assets was ₹281.8 Mil.
Total Current Liabilities was ₹40.0 Mil.
Net Income was ₹6.7 Mil.

Revenue was ₹281.8 Mil.
Gross Profit was ₹119.1 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (404.597 + 397.889) / 2 = ₹401.243 Mil.
Total Assets at the begining of last year (Mar24) was ₹404.6 Mil.
Long-Term Debt & Capital Lease Obligation was ₹105.9 Mil.
Total Current Assets was ₹284.0 Mil.
Total Current Liabilities was ₹34.9 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.

Super Fine Knitters's current Net Income (TTM) was 9.2. ==> 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.

Super Fine Knitters's current Cash Flow from Operations (TTM) was 34.4. ==> 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)
=9.183/397.889
=0.0230793

ROA (Last Year)=Net Income/Total Assets (Mar24)
=6.749/404.597
=0.0166808

Super Fine Knitters's return on assets of this year was 0.0230793. Super Fine Knitters's return on assets of last year was 0.0166808. ==> 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.

Super Fine Knitters's current Net Income (TTM) was 9.2. Super Fine Knitters's current Cash Flow from Operations (TTM) was 34.4. ==> 34.4 > 9.2 ==> 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
=95.223/396.9595
=0.23988089

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=105.943/401.243
=0.26403701

Super Fine Knitters's gearing of this year was 0.23988089. Super Fine Knitters's gearing of last year was 0.26403701. ==> 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
=281.76/39.972
=7.04893425

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=283.967/34.917
=8.13262881

Super Fine Knitters's current ratio of this year was 7.04893425. Super Fine Knitters's current ratio of last year was 8.13262881. ==> 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.

Super Fine Knitters's number of shares in issue this year was 12.409. Super Fine Knitters's number of shares in issue last year was 12.498. ==> 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
=114.857/309.586
=0.37100192

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=119.136/281.794
=0.42277692

Super Fine Knitters's gross margin of this year was 0.37100192. Super Fine Knitters's gross margin of last year was 0.42277692. ==> 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)
=309.586/397.889
=0.77807127

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=281.794/404.597
=0.6964807

Super Fine Knitters's asset turnover of this year was 0.77807127. Super Fine Knitters's asset turnover of last year was 0.6964807. ==> 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+1+1+1+0+1+0+1
=7

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

Super Fine Knitters 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?
Super Fine Knitters (BOM:540269) has a Piotroski F-Score of 7 as of Jul. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Super Fine Knitters and its competitors. This is near median its historical median of 7.00. Over the past decade, Super Fine Knitters' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Super Fine Knitters ranks #95 out of 1052 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9%.
Is Super Fine Knitters' Piotroski F-Score too high?
Super Fine Knitters' current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Manufacturing - Apparel & Accessories industry median Piotroski F-Score is 5.00. Super Fine Knitters' value of 7 is 40% above this industry median. Based on the distribution chart, Super Fine Knitters ranks #95 out of 1052 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Super Fine Knitters has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Super Fine Knitters' Piotroski F-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Super Fine Knitters ranks #95 out of 1052 companies for Piotroski F-Score. This places Super Fine Knitters in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Super Fine Knitters' value of 7 is 40% above this benchmark. Historically, Super Fine Knitters' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Super Fine Knitters 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 1,052 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. Super Fine Knitters'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 Super Fine Knitters 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. Super Fine Knitters's current Piotroski F-Score is 7, which is near 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 Super Fine Knitters stock overvalued right now?
Based on GuruFocus' analysis, Super Fine Knitters (BOM:540269) is currently considered Possible Value Trap. The stock's GF Value™ is ₹14.05, compared to a current price of ₹8.28 — trading 41.1% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Manufacturing - Apparel & Accessories industry median of 5.00. Super Fine Knitters' overall GF Score™ is 57/100 with 3 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 Super Fine Knitters (BOM:540269), the current Piotroski F-Score is 7 as of Jul. 28, 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 Super Fine Knitters (BOM:540269) Overvalued in 2026?

Based on GuruFocus' analysis, Super Fine Knitters stock appears to be undervalued. The current stock price of ₹8.28 is trading 41.1% below its estimated GF Value™ of ₹14.05. GuruFocus considers Super Fine Knitters to be Possible Value Trap.

Key valuation signals for BOM:540269:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: ₹14.05 vs. price of ₹8.28 (41.1% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 40% above the Manufacturing - Apparel & Accessories median (#95 of 1052)

No single metric tells the full story. See the BOM:540269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Super Fine Knitters Business Description

Address C-5, Phase V, Focal Point, Ludhiana, PB, IND, 141010
Super Fine Knitters Ltd manufactures and supplies knitted fabrics and garments. The company caters to both national and international markets, supplying knitted fabrics used by various export-oriented garment manufacturers in India. Its product range includes t-shirts, shirts, track suits, night suits, sweaters, and other knitted apparel items. Revenue is generated through the production and sale of knitted fabrics and garments. The company operates manufacturing facilities in Ludhiana, India, and serves a wide customer base within the textile and garment industry.
57GF Score

Get the complete analysis for BOM:540269

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

₹8.28
Price
₹14.05
GF Value