JD Cables (BOM:544524) Piotroski F-Score: 5 (As of Aug. 07, 2026) — Near Median

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BOM:544524 JD Cables Ltd BOM:544524
17 GF Score
Price ₹208.60
! 4 Warning Signs
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What is JD Cables Piotroski F-Score?

JD Cables BOM:544524 -2.75% 17 Piotroski F-Score is 5 as of Aug. 07, 2026, which is at its 10-year median of 5.00. GuruFocus rates BOM:544524 with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 2,952 Industrial Products companies, JD Cables ranks better than 56.47% 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

JD Cables 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 JD Cables's Piotroski F-Score or its related term are showing as below:

BOM:544524' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 5   Max: 6
Current: 5

During the past 5 years, the highest Piotroski F-Score of JD Cables was 6. The lowest was 5. And the median was 5.

JD Cables  (BOM:544524) 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.


JD Cables Piotroski F-Score Related Terms


JD Cables Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for JD Cables'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.

JD Cables Piotroski F-Score Chart

JD Cables Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 6.00 5.00 5.00

JD Cables Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial 6.00 0.00 5.00 0.00 5.00

BOM:544524 vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, JD Cables'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.


JD Cables Piotroski F-Score vs Industrial Products Industry

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

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


BOM:544524
17GF Score
JD Cables Ltd BOM:544524
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 ₹317 Mil.
Cash Flow from Operations was ₹-735 Mil.
Revenue was ₹3,646 Mil.
Gross Profit was ₹783 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (1152.29 + 2373.5) / 2 = ₹1762.895 Mil.
Total Assets at the begining of this year (Mar25) was ₹1,152 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹2,037 Mil.
Total Current Liabilities was ₹906 Mil.
Net Income was ₹220 Mil.

Revenue was ₹2,505 Mil.
Gross Profit was ₹425 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (450.847 + 1152.29) / 2 = ₹801.5685 Mil.
Total Assets at the begining of last year (Mar24) was ₹451 Mil.
Long-Term Debt & Capital Lease Obligation was ₹13 Mil.
Total Current Assets was ₹1,046 Mil.
Total Current Liabilities was ₹838 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.

JD Cables's current Net Income (TTM) was 317. ==> 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.

JD Cables's current Cash Flow from Operations (TTM) was -735. ==> 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)
=317.246/1152.29
=0.27531785

ROA (Last Year)=Net Income/Total Assets (Mar24)
=220.25/450.847
=0.48852493

JD Cables's return on assets of this year was 0.27531785. JD Cables's return on assets of last year was 0.48852493. ==> 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.

JD Cables's current Net Income (TTM) was 317. JD Cables's current Cash Flow from Operations (TTM) was -735. ==> -735 <= 317 ==> 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
=0/1762.895
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=13.101/801.5685
=0.01634421

JD Cables's gearing of this year was 0. JD Cables's gearing of last year was 0.01634421. ==> 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
=2036.816/906.148
=2.24777409

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1045.679/838.105
=1.24767064

JD Cables's current ratio of this year was 2.24777409. JD Cables's current ratio of last year was 1.24767064. ==> 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.

JD Cables's number of shares in issue this year was 22.548. JD Cables's number of shares in issue last year was 22.551. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=783.243/3645.915
=0.21482755

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=425.202/2505.258
=0.16972384

JD Cables's gross margin of this year was 0.21482755. JD Cables's gross margin of last year was 0.16972384. ==> 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)
=3645.915/1152.29
=3.16406026

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2505.258/450.847
=5.5567809

JD Cables's asset turnover of this year was 3.16406026. JD Cables's asset turnover of last year was 5.5567809. ==> 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+1+1+1+1+0
=5

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

JD Cables 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?
JD Cables (BOM:544524) has a Piotroski F-Score of 5 as of Aug. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on JD Cables and its competitors. This is near median its historical median of 5.00. Over the past decade, JD Cables' Piotroski F-Score has ranged from 5.00 to 6.00. According to the industry distribution chart, JD Cables ranks #1285 out of 2952 companies in the Industrial Products industry, placing it in the top 43.5%.
Is JD Cables' Piotroski F-Score too high?
JD Cables' current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 6.00. The Industrial Products industry median Piotroski F-Score is 5.00. JD Cables' value of 5 is 0% at this industry median. Based on the distribution chart, JD Cables ranks #1285 out of 2952 companies in the Industrial Products industry, which is above the industry midpoint. Overall, JD Cables has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does JD Cables' Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, JD Cables ranks #1285 out of 2952 companies for Piotroski F-Score. This puts JD Cables in the upper half of its industry. The industry median Piotroski F-Score is 5.00. JD Cables' value of 5 is 0% at this benchmark. Historically, JD Cables' own Piotroski F-Score has ranged from 5.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, JD Cables 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 an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,952 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. JD Cables'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 JD Cables 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. JD Cables's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD Cables stock overvalued right now?
JD Cables (BOM:544524) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Industrial Products industry median of 5.00. JD Cables' overall GF Score™ is 17/100 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 JD Cables (BOM:544524), the current Piotroski F-Score is 5 as of Aug. 07, 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.

JD Cables Business Description

Address Salt Lake Sector V, Arch Square X2, 14th Floor, 1401, Near College More, Sech Bhawan, North 24 Parganas, Salt Lake, WB, IND, 700091
JD Cables Ltd is engaged in the business of manufacturing of wires, cables and conductors. The company specializes in producing LTAB Cables, LT XLPE Power Cables, LT PVC Power & Control Cables and both Bare & Insulated Copper Conductors. The company operates in the business of manufacturing, buying, selling, exchanging, trading or dealing in all kinds of conductors, cables, wire and any other electrical goods. The company generates revenue from the production and sales of cables and conductors.
17GF 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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