Sharpline Broadcast (BOM:543341) Piotroski F-Score: 5 (As of Jul. 30, 2026) — 17% Below Median

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BOM:543341 Sharpline Broadcast Ltd BOM:543341
83 GF Score
Price ₹10.20
GF Value ₹19.65
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Sharpline Broadcast Piotroski F-Score?

Sharpline Broadcast BOM:543341 +0.49% 83 Piotroski F-Score is 5 as of Jul. 30, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates BOM:543341 with a GF Score™ of 83/100 and a GF Value™ of ₹19.65 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,006 Media - Diversified companies, Sharpline Broadcast ranks better than 59.74% 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

Sharpline Broadcast 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 Sharpline Broadcast's Piotroski F-Score or its related term are showing as below:

BOM:543341' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 5

During the past 12 years, the highest Piotroski F-Score of Sharpline Broadcast was 7. The lowest was 4. And the median was 6.

Sharpline Broadcast  (BOM:543341) 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.


Sharpline Broadcast Piotroski F-Score Related Terms


Sharpline Broadcast Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sharpline Broadcast'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.

Sharpline Broadcast Piotroski F-Score Chart

Sharpline Broadcast 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 4.00 4.00 4.00 5.00

Sharpline Broadcast 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 4.00 0.00 0.00 0.00 5.00

BOM:543341 vs NXST: Piotroski F-Score Comparison

For the Broadcasting subindustry, Sharpline Broadcast'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.


Sharpline Broadcast Piotroski F-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sharpline Broadcast's Piotroski F-Score distribution charts can be found below:

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


BOM:543341
83GF Score
Sharpline Broadcast Ltd BOM:543341
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 ₹79 Mil.
Cash Flow from Operations was ₹-266 Mil.
Revenue was ₹1,097 Mil.
Gross Profit was ₹890 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (764.21 + 1216.816) / 2 = ₹990.513 Mil.
Total Assets at the begining of this year (Mar25) was ₹764 Mil.
Long-Term Debt & Capital Lease Obligation was ₹212 Mil.
Total Current Assets was ₹978 Mil.
Total Current Liabilities was ₹467 Mil.
Net Income was ₹13 Mil.

Revenue was ₹576 Mil.
Gross Profit was ₹453 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (426.702 + 764.21) / 2 = ₹595.456 Mil.
Total Assets at the begining of last year (Mar24) was ₹427 Mil.
Long-Term Debt & Capital Lease Obligation was ₹88 Mil.
Total Current Assets was ₹535 Mil.
Total Current Liabilities was ₹384 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.

Sharpline Broadcast's current Net Income (TTM) was 79. ==> 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.

Sharpline Broadcast's current Cash Flow from Operations (TTM) was -266. ==> 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)
=79.015/764.21
=0.10339435

ROA (Last Year)=Net Income/Total Assets (Mar24)
=12.888/426.702
=0.03020375

Sharpline Broadcast's return on assets of this year was 0.10339435. Sharpline Broadcast's return on assets of last year was 0.03020375. ==> 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.

Sharpline Broadcast's current Net Income (TTM) was 79. Sharpline Broadcast's current Cash Flow from Operations (TTM) was -266. ==> -266 <= 79 ==> 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
=212.283/990.513
=0.21431622

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=88.294/595.456
=0.14827964

Sharpline Broadcast's gearing of this year was 0.21431622. Sharpline Broadcast's gearing of last year was 0.14827964. ==> 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
=977.752/467.215
=2.09272391

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=534.667/384.236
=1.39150678

Sharpline Broadcast's current ratio of this year was 2.09272391. Sharpline Broadcast's current ratio of last year was 1.39150678. ==> 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.

Sharpline Broadcast's number of shares in issue this year was 17.958. Sharpline Broadcast's number of shares in issue last year was 16.738. ==> 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
=889.714/1096.945
=0.81108351

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=452.949/575.977
=0.78640119

Sharpline Broadcast's gross margin of this year was 0.81108351. Sharpline Broadcast's gross margin of last year was 0.78640119. ==> 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)
=1096.945/764.21
=1.43539734

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=575.977/426.702
=1.34983431

Sharpline Broadcast's asset turnover of this year was 1.43539734. Sharpline Broadcast's asset turnover of last year was 1.34983431. ==> 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+0+1+0+0+1+0+1+1
=5

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

Sharpline Broadcast 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?
Sharpline Broadcast (BOM:543341) has a Piotroski F-Score of 5 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sharpline Broadcast and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Sharpline Broadcast's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Sharpline Broadcast ranks #405 out of 1006 companies in the Media - Diversified industry, placing it in the top 40.3%.
Is Sharpline Broadcast's Piotroski F-Score too high?
Sharpline Broadcast's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Media - Diversified industry median Piotroski F-Score is 5.00. Sharpline Broadcast's value of 5 is 0% at this industry median. Based on the distribution chart, Sharpline Broadcast ranks #405 out of 1006 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Sharpline Broadcast has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sharpline Broadcast's Piotroski F-Score compare to NXST?
According to the Media - Diversified industry distribution chart, Sharpline Broadcast ranks #405 out of 1006 companies for Piotroski F-Score. This puts Sharpline Broadcast in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sharpline Broadcast's value of 5 is 0% at this benchmark. Historically, Sharpline Broadcast's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sharpline Broadcast 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 Media - Diversified company?
The median Piotroski F-Score among Media - Diversified companies is 5.00, based on 1,006 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. Sharpline Broadcast'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 Sharpline Broadcast and its competitors. For the Media - Diversified 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. Sharpline Broadcast's current Piotroski F-Score is 5, which is 17% below 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 Sharpline Broadcast stock overvalued right now?
Based on GuruFocus' analysis, Sharpline Broadcast (BOM:543341) is currently considered Possible Value Trap. The stock's GF Value™ is ₹19.65, compared to a current price of ₹10.20 — trading 48.1% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Media - Diversified industry median of 5.00. Sharpline Broadcast's overall GF Score™ is 83/100 with 4 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 Sharpline Broadcast (BOM:543341), the current Piotroski F-Score is 5 as of Jul. 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 Sharpline Broadcast (BOM:543341) Overvalued in 2026?

Based on GuruFocus' analysis, Sharpline Broadcast stock appears to be undervalued. The current stock price of ₹10.20 is trading 48.1% below its estimated GF Value™ of ₹19.65. GuruFocus considers Sharpline Broadcast to be Possible Value Trap.

Key valuation signals for BOM:543341:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: ₹19.65 vs. price of ₹10.20 (48.1% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 0% at the Media - Diversified median (#405 of 1006)

No single metric tells the full story. See the BOM:543341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sharpline Broadcast Business Description

Address Rani Jhansi Road, Motia khan, Paharganj, Delhi, IND, 110055
Sharpline Broadcast Ltd is involved in advertising agency for providing advertisers a complete range of advertising on all mass media such as radio, television, newspaper, magazine printed publicity, exhibition outdoor publicity and any other mode and also to act as media advisor, advertising, software generator, sales promoters' agents both for outdoor and indoor, publicity through newspaper, video magazines, periodicals, radio, televisions, cinema slides, etc. Its key revenue source is the sale of services.
83GF Score

Get the complete analysis for BOM:543341

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

₹10.20
Price
₹19.65
GF Value