Godrej Agrovet (BOM:540743) Piotroski F-Score: 5 (As of Jul. 06, 2026) — Near Median


BOM:540743 Godrej Agrovet Ltd BOM:540743
91 GF Score
Price ₹559.65
GF Value ₹637.53
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Godrej Agrovet Piotroski F-Score?

Godrej Agrovet BOM:540743 +0.99% 91 Piotroski F-Score is 5 as of Jul. 06, 2026, which is at its 10-year median of 5.00. GuruFocus rates BOM:540743 with a GF Score™ of 91/100 and a GF Value™ of ₹637.53 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Godrej Agrovet ranks better than 52.04% 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

Godrej Agrovet 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 Godrej Agrovet's Piotroski F-Score or its related term are showing as below:

BOM:540743' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of Godrej Agrovet was 7. The lowest was 3. And the median was 5.

Godrej Agrovet  (BOM:540743) 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.


Godrej Agrovet Piotroski F-Score Related Terms


Godrej Agrovet Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Godrej Agrovet'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.

Godrej Agrovet Piotroski F-Score Chart

Godrej Agrovet 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 4.00 3.00 7.00 5.00 5.00

Godrej Agrovet 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 5.00 0.00 0.00 0.00 5.00

BOM:540743 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Godrej Agrovet'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.


Godrej Agrovet Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


BOM:540743
91GF Score
Godrej Agrovet Ltd BOM:540743
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 ₹4,728 Mil.
Cash Flow from Operations was ₹12,812 Mil.
Revenue was ₹102,033 Mil.
Gross Profit was ₹26,277 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (55159.9 + 61701.9) / 2 = ₹58430.9 Mil.
Total Assets at the begining of this year (Mar25) was ₹55,160 Mil.
Long-Term Debt & Capital Lease Obligation was ₹8,920 Mil.
Total Current Assets was ₹27,724 Mil.
Total Current Liabilities was ₹29,288 Mil.
Net Income was ₹4,297 Mil.

Revenue was ₹93,562 Mil.
Gross Profit was ₹24,099 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (57032.7 + 55159.9) / 2 = ₹56096.3 Mil.
Total Assets at the begining of last year (Mar24) was ₹57,033 Mil.
Long-Term Debt & Capital Lease Obligation was ₹5,418 Mil.
Total Current Assets was ₹21,935 Mil.
Total Current Liabilities was ₹22,024 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.

Godrej Agrovet's current Net Income (TTM) was 4,728. ==> 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.

Godrej Agrovet's current Cash Flow from Operations (TTM) was 12,812. ==> 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)
=4727.8/55159.9
=0.08571082

ROA (Last Year)=Net Income/Total Assets (Mar24)
=4297.2/57032.7
=0.07534625

Godrej Agrovet's return on assets of this year was 0.08571082. Godrej Agrovet's return on assets of last year was 0.07534625. ==> 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.

Godrej Agrovet's current Net Income (TTM) was 4,728. Godrej Agrovet's current Cash Flow from Operations (TTM) was 12,812. ==> 12,812 > 4,728 ==> 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
=8919.6/58430.9
=0.15265211

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=5417.6/56096.3
=0.09657678

Godrej Agrovet's gearing of this year was 0.15265211. Godrej Agrovet's gearing of last year was 0.09657678. ==> 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
=27724.4/29288.3
=0.94660325

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=21934.8/22024.3
=0.99593631

Godrej Agrovet's current ratio of this year was 0.94660325. Godrej Agrovet's current ratio of last year was 0.99593631. ==> 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.

Godrej Agrovet's number of shares in issue this year was 192.422. Godrej Agrovet's number of shares in issue last year was 192.355. ==> 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
=26276.6/102032.8
=0.25753091

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=24099.2/93561.5
=0.25757603

Godrej Agrovet's gross margin of this year was 0.25753091. Godrej Agrovet's gross margin of last year was 0.25757603. ==> 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)
=102032.8/55159.9
=1.84976405

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=93561.5/57032.7
=1.6404887

Godrej Agrovet's asset turnover of this year was 1.84976405. Godrej Agrovet's asset turnover of last year was 1.6404887. ==> 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+0+0+0+0+1
=5

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

Godrej Agrovet 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?
Godrej Agrovet (BOM:540743) has a Piotroski F-Score of 5 as of Jul. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Godrej Agrovet and its competitors. This is near median its historical median of 5.00. Over the past decade, Godrej Agrovet's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Godrej Agrovet ranks #917 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 48%.
Is Godrej Agrovet's Piotroski F-Score too high?
Godrej Agrovet'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 3.00 to a high of 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Godrej Agrovet's value of 5 is 0% at this industry median. Based on the distribution chart, Godrej Agrovet ranks #917 out of 1912 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Godrej Agrovet has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Godrej Agrovet's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Godrej Agrovet ranks #917 out of 1912 companies for Piotroski F-Score. This puts Godrej Agrovet in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Godrej Agrovet's value of 5 is 0% at this benchmark. Historically, Godrej Agrovet's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Godrej Agrovet 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 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. Godrej Agrovet'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 Godrej Agrovet 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. Godrej Agrovet'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 Godrej Agrovet stock overvalued right now?
Based on GuruFocus' analysis, Godrej Agrovet (BOM:540743) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹637.53, compared to a current price of ₹559.65 — trading 12.2% 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 Consumer Packaged Goods industry median of 5.00. Godrej Agrovet's overall GF Score™ is 91/100 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 Godrej Agrovet (BOM:540743), the current Piotroski F-Score is 5 as of Jul. 06, 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 Godrej Agrovet (BOM:540743) Overvalued in 2026?

Based on GuruFocus' analysis, Godrej Agrovet stock appears to be undervalued. The current stock price of ₹559.65 is trading 12.2% below its estimated GF Value™ of ₹637.53. GuruFocus considers Godrej Agrovet to be Modestly Undervalued.

Key valuation signals for BOM:540743:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: ₹637.53 vs. price of ₹559.65 (12.2% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 0% at the Consumer Packaged Goods median (#917 of 1912)

No single metric tells the full story. See the BOM:540743 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Godrej Agrovet Business Description

Other Exchanges GODREJAGRO:India
Address Eastern Express Highway, Godrej One, 3rd Floor, Pirojshanagar, Vikhroli East, Mumbai, MH, IND, 400079
Godrej Agrovet Ltd is an India-based company engaged in the manufacturing and marketing of animal feed, agricultural inputs, palm oil and allied products, poultry and processed food, and milk and milk products. It operates through the following reportable segments: animal feed, crop protection, vegetable oil, dairy, poultry and processed foods, and others. Maximum revenue is derived from the Animal Feed segment. The company offers animal feed such as cattle, poultry, aqua, and specialty feed, as well as on-farm technical support services. Geographically, the company generates a majority of its revenue from the sale of products in India.
91GF Score

Get the complete analysis for BOM:540743

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

₹559.65
Price
₹637.53
GF Value