BEML Land Assets (NSE:BLAL) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 100% Above Median


NSE:BLAL BEML Land Assets Ltd NSE:BLAL
31 GF Score
Price ₹182.11
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What is BEML Land Assets Piotroski F-Score?

BEML Land Assets NSE:BLAL -0.13% 31 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 100% above its 10-year median of 4.00. GuruFocus rates NSE:BLAL with a GF Score™ of 31/100. Among 329 Diversified Financial Services companies, BEML Land Assets ranks better than 99.7% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

BEML Land Assets has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

NSE:BLAL' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 4   Max: 8
Current: 8

During the past 5 years, the highest Piotroski F-Score of BEML Land Assets was 8. The lowest was 4. And the median was 4.

BEML Land Assets  (NSE:BLAL) 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.


BEML Land Assets Piotroski F-Score Related Terms


BEML Land Assets Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for BEML Land Assets'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.

BEML Land Assets Piotroski F-Score Chart

BEML Land Assets Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 4.00 4.00 8.00

BEML Land Assets Quarterly Data
Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.00 0.00 0.00 0.00 8.00

NSE:BLAL vs XXI, DMII, BCSS: Piotroski F-Score Comparison

For the Shell Companies subindustry, BEML Land Assets'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.


BEML Land Assets Piotroski F-Score vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BEML Land Assets's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where BEML Land Assets's Piotroski F-Score falls into.


NSE:BLAL
31GF Score
BEML Land Assets Ltd NSE:BLAL
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 ₹0.11 Mil.
Cash Flow from Operations was ₹12.87 Mil.
Revenue was ₹9.83 Mil.
Gross Profit was ₹4.45 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (98.55 + 131) / 2 = ₹114.775 Mil.
Total Assets at the begining of this year (Mar25) was ₹98.55 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.
Total Current Assets was ₹1.20 Mil.
Total Current Liabilities was ₹0.80 Mil.
Net Income was ₹-37.47 Mil.

Revenue was ₹0.00 Mil.
Gross Profit was ₹-4.79 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (96.186 + 98.55) / 2 = ₹97.368 Mil.
Total Assets at the begining of last year (Mar24) was ₹96.19 Mil.
Long-Term Debt & Capital Lease Obligation was ₹86.45 Mil.
Total Current Assets was ₹1.27 Mil.
Total Current Liabilities was ₹0.98 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.

BEML Land Assets's current Net Income (TTM) was 0.11. ==> 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.

BEML Land Assets's current Cash Flow from Operations (TTM) was 12.87. ==> 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)
=0.107/98.55
=0.00108574

ROA (Last Year)=Net Income/Total Assets (Mar24)
=-37.473/96.186
=-0.38958892

BEML Land Assets's return on assets of this year was 0.00108574. BEML Land Assets's return on assets of last year was -0.38958892. ==> 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.

BEML Land Assets's current Net Income (TTM) was 0.11. BEML Land Assets's current Cash Flow from Operations (TTM) was 12.87. ==> 12.87 > 0.11 ==> 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
=0/114.775
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=86.452/97.368
=0.88788924

BEML Land Assets's gearing of this year was 0. BEML Land Assets's gearing of last year was 0.88788924. ==> 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
=1.2/0.8
=1.5

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1.267/0.982
=1.29022403

BEML Land Assets's current ratio of this year was 1.5. BEML Land Assets's current ratio of last year was 1.29022403. ==> 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.

BEML Land Assets's number of shares in issue this year was 41.645. BEML Land Assets's number of shares in issue last year was 41.637. ==> 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
=4.448/9.825
=0.45272265

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=-4.792/0
=

BEML Land Assets's gross margin of this year was 0.45272265. BEML Land Assets's gross margin of last year was . ==> 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)
=9.825/98.55
=0.09969559

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=0/96.186
=0

BEML Land Assets's asset turnover of this year was 0.09969559. BEML Land Assets's asset turnover of last year was 0. ==> 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+1+1+1+0+1+1
=8

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

BEML Land Assets has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
BEML Land Assets (NSE:BLAL) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BEML Land Assets and its competitors. This is 100% above median its historical median of 4.00. Over the past decade, BEML Land Assets' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, BEML Land Assets ranks #1 out of 329 companies in the Diversified Financial Services industry, placing it in the top 0.3%.
Is BEML Land Assets' Piotroski F-Score too high?
BEML Land Assets' current Piotroski F-Score of 8 is 100% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Diversified Financial Services industry median Piotroski F-Score is 3.00. BEML Land Assets' value of 8 is 166.7% above this industry median. Based on the distribution chart, BEML Land Assets ranks #1 out of 329 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, BEML Land Assets has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does BEML Land Assets' Piotroski F-Score compare to XXI and DMII?
According to the Diversified Financial Services industry distribution chart, BEML Land Assets ranks #1 out of 329 companies for Piotroski F-Score. This places BEML Land Assets in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. BEML Land Assets' value of 8 is 166.7% above this benchmark. Historically, BEML Land Assets' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 3.00, BEML Land Assets 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 Diversified Financial Services company?
The median Piotroski F-Score among Diversified Financial Services companies is 3.00, based on 329 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. BEML Land Assets's current Piotroski F-Score of 8 is 166.7% 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 BEML Land Assets and its competitors. For the Diversified Financial Services industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BEML Land Assets's current Piotroski F-Score is 8, which is 100% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BEML Land Assets stock overvalued right now?
BEML Land Assets (NSE:BLAL) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is 100% above median its 10-year median of 4.00 and 166.7% above the Diversified Financial Services industry median of 3.00. BEML Land Assets' overall GF Score™ is 31/100. 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 BEML Land Assets (NSE:BLAL), the current Piotroski F-Score is 8 as of Jun. 27, 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.

BEML Land Assets Business Description

Other Exchanges 543898:India
Address 4th Main Road, No. 23/1, BEML Soudha, Sampangi ramanagar, Bangalore, KA, IND, 560027
BEML Land Assets Ltd is shell company.
31GF Score

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