Borosil Scientific (NSE:BOROSCI) Piotroski F-Score: 8 (As of Jun. 26, 2026) — Near Median


NSE:BOROSCI Borosil Scientific Ltd NSE:BOROSCI
19 GF Score
Price ₹154.84
! 2 Warning Signs
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What is Borosil Scientific Piotroski F-Score?

Borosil Scientific NSE:BOROSCI -0.95% 19 Piotroski F-Score is 8 as of Jun. 26, 2026, which is at its 10-year median of 8.00. GuruFocus rates NSE:BOROSCI with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 389 Packaging & Containers companies, Borosil Scientific ranks better than 98.46% 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

Borosil Scientific 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 Borosil Scientific's Piotroski F-Score or its related term are showing as below:

NSE:BOROSCI' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 8   Max: 8
Current: 8

During the past 5 years, the highest Piotroski F-Score of Borosil Scientific was 8. The lowest was 7. And the median was 8.

Borosil Scientific  (NSE:BOROSCI) 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.


Borosil Scientific Piotroski F-Score Related Terms


Borosil Scientific Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Borosil Scientific'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.

Borosil Scientific Piotroski F-Score Chart

Borosil Scientific Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 8.00 7.00 8.00

Borosil Scientific Quarterly Data
Mar22 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 7.00 0.00 0.00 0.00 8.00

NSE:BOROSCI vs SW, PKG, AMCR: Piotroski F-Score Comparison

For the Packaging & Containers subindustry, Borosil Scientific'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.


Borosil Scientific Piotroski F-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Borosil Scientific's Piotroski F-Score distribution charts can be found below:

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


NSE:BOROSCI
19GF Score
Borosil Scientific Ltd NSE:BOROSCI
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 ₹346 Mil.
Cash Flow from Operations was ₹433 Mil.
Revenue was ₹4,673 Mil.
Gross Profit was ₹3,005 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (5089.333 + 5490.826) / 2 = ₹5290.0795 Mil.
Total Assets at the begining of this year (Mar25) was ₹5,089 Mil.
Long-Term Debt & Capital Lease Obligation was ₹13 Mil.
Total Current Assets was ₹3,354 Mil.
Total Current Liabilities was ₹928 Mil.
Net Income was ₹268 Mil.

Revenue was ₹4,385 Mil.
Gross Profit was ₹2,770 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (4931.849 + 5089.333) / 2 = ₹5010.591 Mil.
Total Assets at the begining of last year (Mar24) was ₹4,932 Mil.
Long-Term Debt & Capital Lease Obligation was ₹17 Mil.
Total Current Assets was ₹3,099 Mil.
Total Current Liabilities was ₹871 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.

Borosil Scientific's current Net Income (TTM) was 346. ==> 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.

Borosil Scientific's current Cash Flow from Operations (TTM) was 433. ==> 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)
=346.136/5089.333
=0.06801206

ROA (Last Year)=Net Income/Total Assets (Mar24)
=268.037/4931.849
=0.05434818

Borosil Scientific's return on assets of this year was 0.06801206. Borosil Scientific's return on assets of last year was 0.05434818. ==> 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.

Borosil Scientific's current Net Income (TTM) was 346. Borosil Scientific's current Cash Flow from Operations (TTM) was 433. ==> 433 > 346 ==> 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
=13.409/5290.0795
=0.00253474

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=17.418/5010.591
=0.00347624

Borosil Scientific's gearing of this year was 0.00253474. Borosil Scientific's gearing of last year was 0.00347624. ==> 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
=3354.029/927.806
=3.61501111

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3099.493/871.27
=3.55744258

Borosil Scientific's current ratio of this year was 3.61501111. Borosil Scientific's current ratio of last year was 3.55744258. ==> 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.

Borosil Scientific's number of shares in issue this year was 88.981. Borosil Scientific's number of shares in issue last year was 88.754. ==> 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
=3005.002/4673.415
=0.64299918

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2769.911/4384.871
=0.63169726

Borosil Scientific's gross margin of this year was 0.64299918. Borosil Scientific's gross margin of last year was 0.63169726. ==> 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)
=4673.415/5089.333
=0.91827652

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=4384.871/4931.849
=0.88909271

Borosil Scientific's asset turnover of this year was 0.91827652. Borosil Scientific's asset turnover of last year was 0.88909271. ==> 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

Borosil Scientific 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?
Borosil Scientific (NSE:BOROSCI) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Borosil Scientific and its competitors. This is near median its historical median of 8.00. Over the past decade, Borosil Scientific's Piotroski F-Score has ranged from 7.00 to 8.00. According to the industry distribution chart, Borosil Scientific ranks #6 out of 389 companies in the Packaging & Containers industry, placing it in the top 1.5%.
Is Borosil Scientific's Piotroski F-Score too high?
Borosil Scientific's current Piotroski F-Score of 8 is near median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 8.00. The Packaging & Containers industry median Piotroski F-Score is 5.00. Borosil Scientific's value of 8 is 60% above this industry median. Based on the distribution chart, Borosil Scientific ranks #6 out of 389 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Borosil Scientific has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Borosil Scientific's Piotroski F-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Borosil Scientific ranks #6 out of 389 companies for Piotroski F-Score. This places Borosil Scientific in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Borosil Scientific's value of 8 is 60% above this benchmark. Historically, Borosil Scientific's own Piotroski F-Score has ranged from 7.00 to 8.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 5.00, Borosil Scientific 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 Packaging & Containers company?
The median Piotroski F-Score among Packaging & Containers companies is 5.00, based on 389 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. Borosil Scientific's current Piotroski F-Score of 8 is 60% 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 Borosil Scientific and its competitors. For the Packaging & Containers 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. Borosil Scientific's current Piotroski F-Score is 8, which is near median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borosil Scientific stock overvalued right now?
Borosil Scientific (NSE:BOROSCI) has a current Piotroski F-Score of 8. The current Piotroski F-Score is 8, which is near median its 10-year median of 8.00 and 60% above the Packaging & Containers industry median of 5.00. Borosil Scientific's overall GF Score™ is 19/100 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 Borosil Scientific (NSE:BOROSCI), the current Piotroski F-Score is 8 as of Jun. 26, 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.

Borosil Scientific Business Description

Other Exchanges 544184:India
Address No- 1101, Crescenzo, G-Block, Opposite MCA Club, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
Borosil Scientific Ltd manufactures Glass Ampoules and Tubular Glass Vials used as primary packaging materials by pharmaceutical companies. The company has two business segments: Scientificware, which manufactures and trades items used in laboratories, scientific ware, and pharmaceutical packaging; and Consumerware: Comprising of manufacturing of items for domestic use. The majority of its revenue is generated from the Scientificware segment.
19GF Score

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