VVIP Infratech (BOM:544219) Piotroski F-Score: 1 (As of Jul. 24, 2026) — 86% Below Median

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BOM:544219 VVIP Infratech Ltd BOM:544219
37 GF Score
Price ₹121.50
! 8 Warning Signs
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What is VVIP Infratech Piotroski F-Score?

VVIP Infratech BOM:544219 -2.25% 37 Piotroski F-Score is 1 as of Jul. 24, 2026, which is 86% below its 10-year median of 7.00. GuruFocus rates BOM:544219 with a GF Score™ of 37/100. The stock has 8 warning signs investors should review. Among 1,729 Construction companies, VVIP Infratech ranks worse than 98.84% on this metric.

Warning Sign:

Piotroski F-Score of 1 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

VVIP Infratech has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

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

BOM:544219' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 7   Max: 8
Current: 1

During the past 6 years, the highest Piotroski F-Score of VVIP Infratech was 8. The lowest was 1. And the median was 7.

VVIP Infratech  (BOM:544219) 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.


VVIP Infratech Piotroski F-Score Related Terms


VVIP Infratech Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for VVIP Infratech'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.

VVIP Infratech Piotroski F-Score Chart

VVIP Infratech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 8.00 7.00 6.00 1.00

VVIP Infratech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 7.00 0.00 6.00 0.00 1.00

BOM:544219 vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, VVIP Infratech'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.


VVIP Infratech Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, VVIP Infratech's Piotroski F-Score distribution charts can be found below:

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


BOM:544219
37GF Score
VVIP Infratech Ltd BOM:544219
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 ₹301 Mil.
Cash Flow from Operations was ₹-803 Mil.
Revenue was ₹3,465 Mil.
Gross Profit was ₹918 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (5445.823 + 8498.459) / 2 = ₹6972.141 Mil.
Total Assets at the begining of this year (Mar25) was ₹5,446 Mil.
Long-Term Debt & Capital Lease Obligation was ₹1,391 Mil.
Total Current Assets was ₹7,688 Mil.
Total Current Liabilities was ₹4,221 Mil.
Net Income was ₹361 Mil.

Revenue was ₹3,707 Mil.
Gross Profit was ₹1,023 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2625.301 + 5445.823) / 2 = ₹4035.562 Mil.
Total Assets at the begining of last year (Mar24) was ₹2,625 Mil.
Long-Term Debt & Capital Lease Obligation was ₹618 Mil.
Total Current Assets was ₹4,672 Mil.
Total Current Liabilities was ₹2,277 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.

VVIP Infratech's current Net Income (TTM) was 301. ==> 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.

VVIP Infratech's current Cash Flow from Operations (TTM) was -803. ==> 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)
=300.721/5445.823
=0.05522049

ROA (Last Year)=Net Income/Total Assets (Mar24)
=360.982/2625.301
=0.13750119

VVIP Infratech's return on assets of this year was 0.05522049. VVIP Infratech's return on assets of last year was 0.13750119. ==> 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.

VVIP Infratech's current Net Income (TTM) was 301. VVIP Infratech's current Cash Flow from Operations (TTM) was -803. ==> -803 <= 301 ==> 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
=1391.041/6972.141
=0.19951418

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=617.536/4035.562
=0.15302354

VVIP Infratech's gearing of this year was 0.19951418. VVIP Infratech's gearing of last year was 0.15302354. ==> 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
=7687.522/4220.652
=1.82140627

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=4672.123/2277.46
=2.05146216

VVIP Infratech's current ratio of this year was 1.82140627. VVIP Infratech's current ratio of last year was 2.05146216. ==> 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.

VVIP Infratech's number of shares in issue this year was 24.97. VVIP Infratech's number of shares in issue last year was 22.878. ==> 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
=918.067/3464.931
=0.26495968

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1023.075/3706.675
=0.27600882

VVIP Infratech's gross margin of this year was 0.26495968. VVIP Infratech's gross margin of last year was 0.27600882. ==> 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)
=3464.931/5445.823
=0.6362548

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3706.675/2625.301
=1.41190477

VVIP Infratech's asset turnover of this year was 0.6362548. VVIP Infratech's asset turnover of last year was 1.41190477. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+0+0+0+0+0+0+0
=1

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

VVIP Infratech has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 1 mean?
VVIP Infratech (BOM:544219) has a Piotroski F-Score of 1 as of Jul. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on VVIP Infratech and its competitors. This is 86% below median its historical median of 7.00. Over the past decade, VVIP Infratech's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, VVIP Infratech ranks #1709 out of 1729 companies in the Construction industry, placing it in the top 98.8%.
Is VVIP Infratech's Piotroski F-Score too high?
VVIP Infratech's current Piotroski F-Score of 1 is 86% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. VVIP Infratech's value of 1 is 80% below this industry median. Based on the distribution chart, VVIP Infratech ranks #1709 out of 1729 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, VVIP Infratech has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does VVIP Infratech's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, VVIP Infratech ranks #1709 out of 1729 companies for Piotroski F-Score. This places VVIP Infratech in the lower half of its industry. The industry median Piotroski F-Score is 5.00. VVIP Infratech's value of 1 is 80% below this benchmark. Historically, VVIP Infratech's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, VVIP Infratech has consistently been below 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,729 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. VVIP Infratech's current Piotroski F-Score of 1 is 80% below 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 VVIP Infratech and its competitors. For the Construction 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. VVIP Infratech's current Piotroski F-Score is 1, which is 86% below 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 VVIP Infratech stock overvalued right now?
VVIP Infratech (BOM:544219) has a current Piotroski F-Score of 1. The current Piotroski F-Score is 1, which is 86% below median its 10-year median of 7.00 and 80% below the Construction industry median of 5.00. VVIP Infratech's overall GF Score™ is 37/100 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 VVIP Infratech (BOM:544219), the current Piotroski F-Score is 1 as of Jul. 24, 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.

VVIP Infratech Business Description

Address Fifth Floor, VVIP Style, National Highway-58 Raj Nagar Extension, Ghaziabad, UP, IND, 201017
VVIP Infratech Ltd is an infrastructure company in India. It is engaged in the business of construction of Infrastructure Projects, Sewer, Sewer Treatment plants, Water Tanks, Water treatment plants, Road sector development, Electrification Development and its Transmission and Distribution Infrastructure and Civil Construction Work. The company is working on projects in the states of Uttar Pradesh, Uttarakhand, NCR Delhi and other northern Parts of India.
37GF Score

Get the complete analysis for BOM:544219

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

₹121.50
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