Creative Graphics Solutions India (NSE:CGRAPHICS) Piotroski F-Score: 1 (As of Jun. 26, 2026) — 83% Below Median


NSE:CGRAPHICS Creative Graphics Solutions India Ltd NSE:CGRAPHICS
43 GF Score
Price ₹144.95
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What is Creative Graphics Solutions India Piotroski F-Score?

Creative Graphics Solutions India NSE:CGRAPHICS +1.22% 43 Piotroski F-Score is 1 as of Jun. 26, 2026, which is 83% below its 10-year median of 6.00. GuruFocus rates NSE:CGRAPHICS with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 2,979 Industrial Products companies, Creative Graphics Solutions India ranks worse than 98.49% on this metric.

Warning Sign:

Piotroski F-Score of 1 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

Creative Graphics Solutions India has an F-score of 1. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Creative Graphics Solutions India's Piotroski F-Score or its related term are showing as below:

NSE:CGRAPHICS' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 7
Current: 1

During the past 6 years, the highest Piotroski F-Score of Creative Graphics Solutions India was 7. The lowest was 1. And the median was 6.

Creative Graphics Solutions India  (NSE:CGRAPHICS) 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.


Creative Graphics Solutions India Piotroski F-Score Related Terms


Creative Graphics Solutions India Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Creative Graphics Solutions India'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.

Creative Graphics Solutions India Piotroski F-Score Chart

Creative Graphics Solutions India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 7.00 5.00 6.00 1.00

Creative Graphics Solutions India Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 5.00 0.00 6.00 0.00 1.00

NSE:CGRAPHICS vs GEV, ETN, PH: Piotroski F-Score Comparison

For the Specialty Industrial Machinery subindustry, Creative Graphics Solutions India'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.


Creative Graphics Solutions India Piotroski F-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Creative Graphics Solutions India's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Creative Graphics Solutions India's Piotroski F-Score falls into.


NSE:CGRAPHICS
43GF Score
Creative Graphics Solutions India Ltd NSE:CGRAPHICS
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 ₹188 Mil.
Cash Flow from Operations was ₹-90 Mil.
Revenue was ₹3,460 Mil.
Gross Profit was ₹876 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2176.8 + 2796.6) / 2 = ₹2486.7 Mil.
Total Assets at the begining of this year (Mar25) was ₹2,177 Mil.
Long-Term Debt & Capital Lease Obligation was ₹326 Mil.
Total Current Assets was ₹2,014 Mil.
Total Current Liabilities was ₹1,216 Mil.
Net Income was ₹208 Mil.

Revenue was ₹2,511 Mil.
Gross Profit was ₹856 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (1157.3 + 2176.8) / 2 = ₹1667.05 Mil.
Total Assets at the begining of last year (Mar24) was ₹1,157 Mil.
Long-Term Debt & Capital Lease Obligation was ₹168 Mil.
Total Current Assets was ₹1,682 Mil.
Total Current Liabilities was ₹942 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.

Creative Graphics Solutions India's current Net Income (TTM) was 188. ==> 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.

Creative Graphics Solutions India's current Cash Flow from Operations (TTM) was -90. ==> 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)
=187.6/2176.8
=0.08618155

ROA (Last Year)=Net Income/Total Assets (Mar24)
=207.7/1157.3
=0.17946945

Creative Graphics Solutions India's return on assets of this year was 0.08618155. Creative Graphics Solutions India's return on assets of last year was 0.17946945. ==> 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.

Creative Graphics Solutions India's current Net Income (TTM) was 188. Creative Graphics Solutions India's current Cash Flow from Operations (TTM) was -90. ==> -90 <= 188 ==> 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
=325.5/2486.7
=0.13089637

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=167.6/1667.05
=0.10053688

Creative Graphics Solutions India's gearing of this year was 0.13089637. Creative Graphics Solutions India's gearing of last year was 0.10053688. ==> 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
=2013.8/1216.2
=1.65581319

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1681.8/941.9
=1.78553987

Creative Graphics Solutions India's current ratio of this year was 1.65581319. Creative Graphics Solutions India's current ratio of last year was 1.78553987. ==> 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.

Creative Graphics Solutions India's number of shares in issue this year was 24.301. Creative Graphics Solutions India's number of shares in issue last year was 24.207. ==> 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
=876/3459.8
=0.25319383

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=856.1/2510.8
=0.34096702

Creative Graphics Solutions India's gross margin of this year was 0.25319383. Creative Graphics Solutions India's gross margin of last year was 0.34096702. ==> 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)
=3459.8/2176.8
=1.58939728

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2510.8/1157.3
=2.16953253

Creative Graphics Solutions India's asset turnover of this year was 1.58939728. Creative Graphics Solutions India's asset turnover of last year was 2.16953253. ==> 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+0+0+0+0+0
=1

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

Creative Graphics Solutions India has an F-score of 1. 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 1 mean?
Creative Graphics Solutions India (NSE:CGRAPHICS) has a Piotroski F-Score of 1 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Creative Graphics Solutions India and its competitors. This is 83% below median its historical median of 6.00. Over the past decade, Creative Graphics Solutions India's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, Creative Graphics Solutions India ranks #2934 out of 2979 companies in the Industrial Products industry, placing it in the top 98.5%.
Is Creative Graphics Solutions India's Piotroski F-Score too high?
Creative Graphics Solutions India's current Piotroski F-Score of 1 is 83% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Creative Graphics Solutions India's value of 1 is 80% below this industry median. Based on the distribution chart, Creative Graphics Solutions India ranks #2934 out of 2979 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Creative Graphics Solutions India has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Creative Graphics Solutions India's Piotroski F-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Creative Graphics Solutions India ranks #2934 out of 2979 companies for Piotroski F-Score. This places Creative Graphics Solutions India in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Creative Graphics Solutions India's value of 1 is 80% below this benchmark. Historically, Creative Graphics Solutions India's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Creative Graphics Solutions India 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 2,979 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. Creative Graphics Solutions India's current Piotroski F-Score of 1 is 80% 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 Creative Graphics Solutions India 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. Creative Graphics Solutions India's current Piotroski F-Score is 1, which is 83% 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 Creative Graphics Solutions India stock overvalued right now?
Creative Graphics Solutions India (NSE:CGRAPHICS) has a current Piotroski F-Score of 1. The current Piotroski F-Score is 1, which is 83% below median its 10-year median of 6.00 and 80% below the Industrial Products industry median of 5.00. Creative Graphics Solutions India's overall GF Score™ is 43/100 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 Creative Graphics Solutions India (NSE:CGRAPHICS), the current Piotroski F-Score is 1 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.

Creative Graphics Solutions India Business Description

Address Gautam Buddha Nagar, A-31, Sector-58, Noida, UP, IND, 201301
Creative Graphics Solutions India Ltd is a pre-press company, engaged in the manufacturing of flexographic printing plates including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. The company operates in a single segment processing of Polymer Plates and Trading of Inks.
43GF 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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