Swasth Foodtech India (BOM:544368) Piotroski F-Score: 3 (As of Aug. 10, 2026) — 57% Below Median

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BOM:544368 Swasth Foodtech India Ltd BOM:544368
11 GF Score
Price ₹16.11
! 2 Warning Signs
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What is Swasth Foodtech India Piotroski F-Score?

Swasth Foodtech India BOM:544368 -6.06% 11 Piotroski F-Score is 3 as of Aug. 10, 2026, which is 57% below its 10-year median of 7.00. GuruFocus rates BOM:544368 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, Swasth Foodtech India ranks worse than 84.59% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

Swasth Foodtech India has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

BOM:544368' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 7
Current: 3

During the past 5 years, the highest Piotroski F-Score of Swasth Foodtech India was 7. The lowest was 3. And the median was 7.

Swasth Foodtech India  (BOM:544368) 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.


Swasth Foodtech India Piotroski F-Score Related Terms


Swasth Foodtech India Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Swasth Foodtech India'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.

Swasth Foodtech India Piotroski F-Score Chart

Swasth Foodtech India Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 7.00 7.00 3.00

Swasth Foodtech India Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial 7.00 N/A 7.00 0.00 3.00

BOM:544368 vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Swasth Foodtech India'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.


Swasth Foodtech India Piotroski F-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Swasth Foodtech India's Piotroski F-Score falls into.


BOM:544368
11GF Score
Swasth Foodtech India Ltd BOM:544368
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 ₹-14 Mil.
Cash Flow from Operations was ₹3 Mil.
Revenue was ₹2,107 Mil.
Gross Profit was ₹39 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (530.852 + 510.564) / 2 = ₹520.708 Mil.
Total Assets at the begining of this year (Mar25) was ₹531 Mil.
Long-Term Debt & Capital Lease Obligation was ₹15 Mil.
Total Current Assets was ₹392 Mil.
Total Current Liabilities was ₹287 Mil.
Net Income was ₹24 Mil.

Revenue was ₹1,686 Mil.
Gross Profit was ₹85 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (318.531 + 530.852) / 2 = ₹424.6915 Mil.
Total Assets at the begining of last year (Mar24) was ₹319 Mil.
Long-Term Debt & Capital Lease Obligation was ₹29 Mil.
Total Current Assets was ₹415 Mil.
Total Current Liabilities was ₹274 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.

Swasth Foodtech India's current Net Income (TTM) was -14. ==> Negative ==> Score 0.

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.

Swasth Foodtech India's current Cash Flow from Operations (TTM) was 3. ==> 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)
=-13.9/530.852
=-0.02618432

ROA (Last Year)=Net Income/Total Assets (Mar24)
=24.097/318.531
=0.07565041

Swasth Foodtech India's return on assets of this year was -0.02618432. Swasth Foodtech India's return on assets of last year was 0.07565041. ==> 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.

Swasth Foodtech India's current Net Income (TTM) was -14. Swasth Foodtech India's current Cash Flow from Operations (TTM) was 3. ==> 3 > -14 ==> 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
=15.338/520.708
=0.02945605

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=28.858/424.6915
=0.0679505

Swasth Foodtech India's gearing of this year was 0.02945605. Swasth Foodtech India's gearing of last year was 0.0679505. ==> 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
=391.964/287.322
=1.36419766

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=415.029/274.347
=1.51278855

Swasth Foodtech India's current ratio of this year was 1.36419766. Swasth Foodtech India's current ratio of last year was 1.51278855. ==> 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.

Swasth Foodtech India's number of shares in issue this year was 5.865. Swasth Foodtech India's number of shares in issue last year was 4.421. ==> 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
=39.009/2107.437
=0.01851016

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=84.599/1686.388
=0.0501658

Swasth Foodtech India's gross margin of this year was 0.01851016. Swasth Foodtech India's gross margin of last year was 0.0501658. ==> 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)
=2107.437/530.852
=3.9699144

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1686.388/318.531
=5.29426649

Swasth Foodtech India's asset turnover of this year was 3.9699144. Swasth Foodtech India's asset turnover of last year was 5.29426649. ==> 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
=0+1+0+1+1+0+0+0+0
=3

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

Swasth Foodtech India has an F-score of 3. 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 3 mean?
Swasth Foodtech India (BOM:544368) has a Piotroski F-Score of 3 as of Aug. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Swasth Foodtech India and its competitors. This is 57% below median its historical median of 7.00. Over the past decade, Swasth Foodtech India's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Swasth Foodtech India ranks #1614 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 84.6%.
Is Swasth Foodtech India's Piotroski F-Score too high?
Swasth Foodtech India's current Piotroski F-Score of 3 is 57% below 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 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Swasth Foodtech India's value of 3 is 40% below this industry median. Based on the distribution chart, Swasth Foodtech India ranks #1614 out of 1908 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Swasth Foodtech India has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Swasth Foodtech India's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Swasth Foodtech India ranks #1614 out of 1908 companies for Piotroski F-Score. This places Swasth Foodtech India in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Swasth Foodtech India's value of 3 is 40% below this benchmark. Historically, Swasth Foodtech India'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 7.00 vs. the industry median of 5.00, Swasth Foodtech India 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,908 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. Swasth Foodtech India's current Piotroski F-Score of 3 is 40% 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 Swasth Foodtech India 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. Swasth Foodtech India's current Piotroski F-Score is 3, which is 57% 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 Swasth Foodtech India stock overvalued right now?
Swasth Foodtech India (BOM:544368) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 57% below median its 10-year median of 7.00 and 40% below the Consumer Packaged Goods industry median of 5.00. Swasth Foodtech India's overall GF Score™ is 11/100 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 Swasth Foodtech India (BOM:544368), the current Piotroski F-Score is 3 as of Aug. 10, 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.

Swasth Foodtech India Business Description

Address Baro Chowmata Belari, Guskara, Purba Burdwan, Burdwan, Bardhaman, WB, IND, 713141
Swasth Foodtech India Ltd is in the business of processing and selling rice bran oil. The company manufactures various rice bran oils under various grades and colours, based on the requirements of its customers. It also markets and sells byproducts generated while processing rice bran oils, such as fatty acids, gums, spent earth, and wax in the open market. The company sells products mainly to oil manufacturers who operate with their own brands, re-packers, and to those who sell edible oil in unbranded or loose form.
11GF 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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