Parmeshwar Metal (BOM:544330) Piotroski F-Score: 6 (As of Aug. 13, 2026) — Near Median

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BOM:544330 Parmeshwar Metal Ltd BOM:544330
47 GF Score
Price ₹194.95
! 4 Warning Signs
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What is Parmeshwar Metal Piotroski F-Score?

Parmeshwar Metal BOM:544330 +2.61% 47 Piotroski F-Score is 6 as of Aug. 13, 2026, which is at its 10-year median of 6.00. GuruFocus rates BOM:544330 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 2,941 Industrial Products companies, Parmeshwar Metal ranks better than 75.59% 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

Parmeshwar Metal has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

BOM:544330' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 6
Current: 6

During the past 6 years, the highest Piotroski F-Score of Parmeshwar Metal was 6. The lowest was 4. And the median was 6.

Parmeshwar Metal  (BOM:544330) 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.


Parmeshwar Metal Piotroski F-Score Related Terms


Parmeshwar Metal Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Parmeshwar Metal'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.

Parmeshwar Metal Piotroski F-Score Chart

Parmeshwar Metal Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 5.00 4.00 6.00 6.00

Parmeshwar Metal Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial 4.00 0.00 6.00 0.00 6.00

BOM:544330 vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Parmeshwar Metal'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.


Parmeshwar Metal Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parmeshwar Metal's Piotroski F-Score distribution charts can be found below:

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


BOM:544330
47GF Score
Parmeshwar Metal Ltd BOM:544330
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 ₹325 Mil.
Cash Flow from Operations was ₹216 Mil.
Revenue was ₹19,729 Mil.
Gross Profit was ₹718 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (889.636 + 1396.04) / 2 = ₹1142.838 Mil.
Total Assets at the begining of this year (Mar25) was ₹890 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹1,230 Mil.
Total Current Liabilities was ₹366 Mil.
Net Income was ₹110 Mil.

Revenue was ₹13,824 Mil.
Gross Profit was ₹365 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (680.864 + 889.636) / 2 = ₹785.25 Mil.
Total Assets at the begining of last year (Mar24) was ₹681 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹761 Mil.
Total Current Liabilities was ₹170 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.

Parmeshwar Metal's current Net Income (TTM) was 325. ==> 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.

Parmeshwar Metal's current Cash Flow from Operations (TTM) was 216. ==> 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)
=324.937/889.636
=0.36524713

ROA (Last Year)=Net Income/Total Assets (Mar24)
=109.78/680.864
=0.16123631

Parmeshwar Metal's return on assets of this year was 0.36524713. Parmeshwar Metal's return on assets of last year was 0.16123631. ==> 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.

Parmeshwar Metal's current Net Income (TTM) was 325. Parmeshwar Metal's current Cash Flow from Operations (TTM) was 216. ==> 216 <= 325 ==> 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
=0/1142.838
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/785.25
=0

Parmeshwar Metal's gearing of this year was 0. Parmeshwar Metal's gearing of last year was 0. ==> 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
=1229.721/365.726
=3.36241066

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=761.146/170.365
=4.46773692

Parmeshwar Metal's current ratio of this year was 3.36241066. Parmeshwar Metal's current ratio of last year was 4.46773692. ==> 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.

Parmeshwar Metal's number of shares in issue this year was 15.306. Parmeshwar Metal's number of shares in issue last year was 12.157. ==> 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
=717.745/19729.416
=0.03637943

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=365.342/13824.337
=0.02642745

Parmeshwar Metal's gross margin of this year was 0.03637943. Parmeshwar Metal's gross margin of last year was 0.02642745. ==> 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)
=19729.416/889.636
=22.17695327

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=13824.337/680.864
=20.30410919

Parmeshwar Metal's asset turnover of this year was 22.17695327. Parmeshwar Metal's asset turnover of last year was 20.30410919. ==> 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+0+1+0+0+1+1
=6

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

Parmeshwar Metal has an F-score of 6 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 6 mean?
Parmeshwar Metal (BOM:544330) has a Piotroski F-Score of 6 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Parmeshwar Metal and its competitors. This is near median its historical median of 6.00. Over the past decade, Parmeshwar Metal's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Parmeshwar Metal ranks #718 out of 2941 companies in the Industrial Products industry, placing it in the top 24.4%.
Is Parmeshwar Metal's Piotroski F-Score too high?
Parmeshwar Metal's current Piotroski F-Score of 6 is near 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 6.00. The Industrial Products industry median Piotroski F-Score is 5.00. Parmeshwar Metal's value of 6 is 20% above this industry median. Based on the distribution chart, Parmeshwar Metal ranks #718 out of 2941 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Parmeshwar Metal has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Parmeshwar Metal's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Parmeshwar Metal ranks #718 out of 2941 companies for Piotroski F-Score. This places Parmeshwar Metal in the top 24% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Parmeshwar Metal's value of 6 is 20% above this benchmark. Historically, Parmeshwar Metal's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Parmeshwar Metal 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,941 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. Parmeshwar Metal's current Piotroski F-Score of 6 is 20% 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 Parmeshwar Metal and its competitors. For the Industrial Products 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. Parmeshwar Metal's current Piotroski F-Score is 6, which is near 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 Parmeshwar Metal stock overvalued right now?
Parmeshwar Metal (BOM:544330) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Industrial Products industry median of 5.00. Parmeshwar Metal's overall GF Score™ is 47/100 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 Parmeshwar Metal (BOM:544330), the current Piotroski F-Score is 6 as of Aug. 13, 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.

Parmeshwar Metal Business Description

Address E425, east, 4th Floor, Siddharaj Z Square, Opposite the Landmark, Kudasan, Gandhinagar, GJ, IND, 382421
Parmeshwar Metal Ltd is engaged in the business of manufacturing copper wire and copper wire rods by recycling copper scrap. The company manufactures copper wire and copper wire rods that include power cables, building wires, transformers, and automotive industry, household cables, as well as bare and enameled wires. The Company at present is engaged in one segment, which is the manufacturing and trading of copper wire and copper wire rods by recycling of copper scrap and various types of metals, other metallic substances, and other related products.
47GF Score

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

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