Super Iron Foundry (BOM:544381) Piotroski F-Score: 3 (As of Jul. 29, 2026) — 50% Below Median

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BOM:544381 Super Iron Foundry Ltd BOM:544381
12 GF Score
Price ₹43.00
! 5 Warning Signs
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What is Super Iron Foundry Piotroski F-Score?

Super Iron Foundry BOM:544381 12 Piotroski F-Score is 3 as of Jul. 29, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates BOM:544381 with a GF Score™ of 12/100. The stock has 5 warning signs investors should review. Among 2,971 Industrial Products companies, Super Iron Foundry ranks worse than 82.4% 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

Super Iron Foundry 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 Super Iron Foundry's Piotroski F-Score or its related term are showing as below:

BOM:544381' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 3

During the past 5 years, the highest Piotroski F-Score of Super Iron Foundry was 8. The lowest was 3. And the median was 6.

Super Iron Foundry  (BOM:544381) 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.


Super Iron Foundry Piotroski F-Score Related Terms


Super Iron Foundry Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Super Iron Foundry'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.

Super Iron Foundry Piotroski F-Score Chart

Super Iron Foundry Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 8.00 6.00 3.00

Super Iron Foundry Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial 8.00 0.00 6.00 0.00 3.00

BOM:544381 vs CRS, ATI, MLI: Piotroski F-Score Comparison

For the Metal Fabrication subindustry, Super Iron Foundry'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.


Super Iron Foundry Piotroski F-Score vs Industrial Products Industry

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

* The bar in red indicates where Super Iron Foundry's Piotroski F-Score falls into.


BOM:544381
12GF Score
Super Iron Foundry Ltd BOM:544381
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 ₹167 Mil.
Cash Flow from Operations was ₹-255 Mil.
Revenue was ₹2,559 Mil.
Gross Profit was ₹636 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (3104.117 + 4042.475) / 2 = ₹3573.296 Mil.
Total Assets at the begining of this year (Mar25) was ₹3,104 Mil.
Long-Term Debt & Capital Lease Obligation was ₹234 Mil.
Total Current Assets was ₹2,814 Mil.
Total Current Liabilities was ₹1,859 Mil.
Net Income was ₹108 Mil.

Revenue was ₹1,587 Mil.
Gross Profit was ₹496 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2326.092 + 3104.117) / 2 = ₹2715.1045 Mil.
Total Assets at the begining of last year (Mar24) was ₹2,326 Mil.
Long-Term Debt & Capital Lease Obligation was ₹141 Mil.
Total Current Assets was ₹1,861 Mil.
Total Current Liabilities was ₹1,198 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.

Super Iron Foundry's current Net Income (TTM) was 167. ==> 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.

Super Iron Foundry's current Cash Flow from Operations (TTM) was -255. ==> 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)
=166.636/3104.117
=0.05368225

ROA (Last Year)=Net Income/Total Assets (Mar24)
=107.521/2326.092
=0.04622388

Super Iron Foundry's return on assets of this year was 0.05368225. Super Iron Foundry's return on assets of last year was 0.04622388. ==> 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.

Super Iron Foundry's current Net Income (TTM) was 167. Super Iron Foundry's current Cash Flow from Operations (TTM) was -255. ==> -255 <= 167 ==> 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
=234.267/3573.296
=0.06556048

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=140.92/2715.1045
=0.05190224

Super Iron Foundry's gearing of this year was 0.06556048. Super Iron Foundry's gearing of last year was 0.05190224. ==> 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
=2814.357/1858.778
=1.5140899

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1861.22/1198.14
=1.55342447

Super Iron Foundry's current ratio of this year was 1.5140899. Super Iron Foundry's current ratio of last year was 1.55342447. ==> 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.

Super Iron Foundry's number of shares in issue this year was 23.404. Super Iron Foundry's number of shares in issue last year was 17.176. ==> 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
=635.922/2559.484
=0.24845711

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=495.87/1586.968
=0.31246377

Super Iron Foundry's gross margin of this year was 0.24845711. Super Iron Foundry's gross margin of last year was 0.31246377. ==> 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)
=2559.484/3104.117
=0.82454495

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1586.968/2326.092
=0.68224645

Super Iron Foundry's asset turnover of this year was 0.82454495. Super Iron Foundry's asset turnover of last year was 0.68224645. ==> 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+0+0+0+1
=3

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

Super Iron Foundry 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?
Super Iron Foundry (BOM:544381) has a Piotroski F-Score of 3 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Super Iron Foundry and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Super Iron Foundry's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Super Iron Foundry ranks #2448 out of 2971 companies in the Industrial Products industry, placing it in the top 82.4%.
Is Super Iron Foundry's Piotroski F-Score too high?
Super Iron Foundry's current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Super Iron Foundry's value of 3 is 40% below this industry median. Based on the distribution chart, Super Iron Foundry ranks #2448 out of 2971 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Super Iron Foundry has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Super Iron Foundry's Piotroski F-Score compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Super Iron Foundry ranks #2448 out of 2971 companies for Piotroski F-Score. This places Super Iron Foundry in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Super Iron Foundry's value of 3 is 40% below this benchmark. Historically, Super Iron Foundry's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Super Iron Foundry 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,971 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. Super Iron Foundry'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 Super Iron Foundry 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. Super Iron Foundry's current Piotroski F-Score is 3, which is 50% 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 Super Iron Foundry stock overvalued right now?
Super Iron Foundry (BOM:544381) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 40% below the Industrial Products industry median of 5.00. Super Iron Foundry's overall GF Score™ is 12/100 with 5 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 Super Iron Foundry (BOM:544381), the current Piotroski F-Score is 3 as of Jul. 29, 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.

Super Iron Foundry Business Description

Address 12, Pretoria Street, 1st Floor, Suite 1B, Aspiration Vintage, Kolkata, WB, IND, 700 071
Super Iron Foundry Ltd is engaged in the business of iron and steel foundry, particularly in the business of casting and manufacturing of access covers and gully grates used in roadway construction and infrastructure development. Its products are used in construction projects to provide access covers to cover the storm water, sewerage, telecom, and other utility networks. The company manufactures municipal castings, ductile iron pipe fittings, ductile iron automotive castings, ductile iron agricultural castings (rollers and cross skills), railway castings, and cast iron counterweights.
12GF 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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