MPK Steels (I) (BOM:544553) Piotroski F-Score: 6 (As of Jul. 30, 2026) — Near Median

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BOM:544553 MPK Steels (I) Ltd BOM:544553
15 GF Score
Price ₹103.00
! 3 Warning Signs
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What is MPK Steels (I) Piotroski F-Score?

MPK Steels (I) BOM:544553 -1.01% 15 Piotroski F-Score is 6 as of Jul. 30, 2026, which is at its 10-year median of 6.00. GuruFocus rates BOM:544553 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 623 Steel companies, MPK Steels (I) ranks better than 78.33% 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

MPK Steels (I) 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 MPK Steels (I)'s Piotroski F-Score or its related term are showing as below:

BOM:544553' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 6
Current: 6

During the past 4 years, the highest Piotroski F-Score of MPK Steels (I) was 6. The lowest was 5. And the median was 6.

MPK Steels (I)  (BOM:544553) 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.


MPK Steels (I) Piotroski F-Score Related Terms


MPK Steels (I) Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for MPK Steels (I)'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.

MPK Steels (I) Piotroski F-Score Chart

MPK Steels (I) Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 5.00 6.00

MPK Steels (I) Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Piotroski F-Score N/A N/A 5.00 6.00

BOM:544553 vs NUE, STLD, RS: Piotroski F-Score Comparison

For the Steel subindustry, MPK Steels (I)'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.


MPK Steels (I) Piotroski F-Score vs Steel Industry

For the Steel industry and Basic Materials sector, MPK Steels (I)'s Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where MPK Steels (I)'s Piotroski F-Score falls into.


BOM:544553
15GF Score
MPK Steels (I) Ltd BOM:544553
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 ₹61 Mil.
Cash Flow from Operations was ₹74 Mil.
Revenue was ₹2,588 Mil.
Gross Profit was ₹252 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (623.623 + 1174.641) / 2 = ₹899.132 Mil.
Total Assets at the begining of this year (Mar25) was ₹624 Mil.
Long-Term Debt & Capital Lease Obligation was ₹87 Mil.
Total Current Assets was ₹1,017 Mil.
Total Current Liabilities was ₹565 Mil.
Net Income was ₹57 Mil.

Revenue was ₹2,066 Mil.
Gross Profit was ₹218 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (566.449 + 623.623) / 2 = ₹595.036 Mil.
Total Assets at the begining of last year (Mar24) was ₹566 Mil.
Long-Term Debt & Capital Lease Obligation was ₹106 Mil.
Total Current Assets was ₹581 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.

MPK Steels (I)'s current Net Income (TTM) was 61. ==> 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.

MPK Steels (I)'s current Cash Flow from Operations (TTM) was 74. ==> 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)
=60.585/623.623
=0.09715004

ROA (Last Year)=Net Income/Total Assets (Mar24)
=57.358/566.449
=0.1012589

MPK Steels (I)'s return on assets of this year was 0.09715004. MPK Steels (I)'s return on assets of last year was 0.1012589. ==> 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.

MPK Steels (I)'s current Net Income (TTM) was 61. MPK Steels (I)'s current Cash Flow from Operations (TTM) was 74. ==> 74 > 61 ==> 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
=86.867/899.132
=0.09661207

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=105.894/595.036
=0.17796234

MPK Steels (I)'s gearing of this year was 0.09661207. MPK Steels (I)'s gearing of last year was 0.17796234. ==> 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
=1017.304/564.775
=1.80125537

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=581.419/273.621
=2.12490635

MPK Steels (I)'s current ratio of this year was 1.80125537. MPK Steels (I)'s current ratio of last year was 2.12490635. ==> 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.

MPK Steels (I)'s number of shares in issue this year was 8.557. MPK Steels (I)'s number of shares in issue last year was 10.181. ==> 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
=252.124/2587.971
=0.09742149

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=218.467/2065.82
=0.10575316

MPK Steels (I)'s gross margin of this year was 0.09742149. MPK Steels (I)'s gross margin of last year was 0.10575316. ==> 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)
=2587.971/623.623
=4.14989665

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2065.82/566.449
=3.64696557

MPK Steels (I)'s asset turnover of this year was 4.14989665. MPK Steels (I)'s asset turnover of last year was 3.64696557. ==> 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+0+1+1+0+1+0+1
=6

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

MPK Steels (I) 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?
MPK Steels (I) (BOM:544553) has a Piotroski F-Score of 6 as of Jul. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on MPK Steels (I) and its competitors. This is near median its historical median of 6.00. Over the past decade, MPK Steels (I)'s Piotroski F-Score has ranged from 5.00 to 6.00. According to the industry distribution chart, MPK Steels (I) ranks #135 out of 623 companies in the Steel industry, placing it in the top 21.7%.
Is MPK Steels (I)'s Piotroski F-Score too high?
MPK Steels (I)'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 5.00 to a high of 6.00. The Steel industry median Piotroski F-Score is 5.00. MPK Steels (I)'s value of 6 is 20% above this industry median. Based on the distribution chart, MPK Steels (I) ranks #135 out of 623 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, MPK Steels (I) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does MPK Steels (I)'s Piotroski F-Score compare to NUE and STLD?
According to the Steel industry distribution chart, MPK Steels (I) ranks #135 out of 623 companies for Piotroski F-Score. This places MPK Steels (I) in the top 22% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. MPK Steels (I)'s value of 6 is 20% above this benchmark. Historically, MPK Steels (I)'s own Piotroski F-Score has ranged from 5.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, MPK Steels (I) 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 a Steel company?
The median Piotroski F-Score among Steel companies is 5.00, based on 623 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. MPK Steels (I)'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 MPK Steels (I) and its competitors. For the Steel 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. MPK Steels (I)'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 MPK Steels (I) stock overvalued right now?
MPK Steels (I) (BOM:544553) 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 Steel industry median of 5.00. MPK Steels (I)'s overall GF Score™ is 15/100 with 3 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 MPK Steels (I) (BOM:544553), the current Piotroski F-Score is 6 as of Jul. 30, 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.

MPK Steels (I) Business Description

Address A - 195, RIICO Industrial Area Extension, Phase 2 Bagru, Jaipur, RJ, IND, 303007
MPK Steels (I) Ltd is a manufacturer of general-purpose structural steel products, specializing in providing high-quality solutions for a wide range of industries such as Railways, Telecom Industries, State Electricity Boards, Power & Energy Industries, Automotive Industry, Offshore Structures, Construction Industries, Fabrication Industries, Auto Body Builders, Infrastructural Development Authorities. The company is well-equipped to manufacture and trade a wide range of structural steel products, including M.S. Channel, M.S. Joist/Beam, M.S. Angle, M.S. Square Bar, M.S. Round Bar, and M.S. Flat where M.S. Channels generate the majority of its revenue and play a pivotal role in driving the success of its business.
15GF 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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