Divine Power Energy (NSE:DPEL) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 17% Below Median


NSE:DPEL Divine Power Energy Ltd NSE:DPEL
41 GF Score
Price ₹476.05
! 4 Warning Signs
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What is Divine Power Energy Piotroski F-Score?

Divine Power Energy NSE:DPEL -0.01% 41 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates NSE:DPEL with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 2,979 Industrial Products companies, Divine Power Energy ranks better than 56.63% 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

Divine Power Energy 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 Divine Power Energy's Piotroski F-Score or its related term are showing as below:

NSE:DPEL' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 5

During the past 6 years, the highest Piotroski F-Score of Divine Power Energy was 7. The lowest was 5. And the median was 6.

Divine Power Energy  (NSE:DPEL) 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.


Divine Power Energy Piotroski F-Score Related Terms


Divine Power Energy Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Divine Power Energy'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.

Divine Power Energy Piotroski F-Score Chart

Divine Power Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 7.00 6.00 5.00 5.00

Divine Power Energy Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 6.00 0.00 5.00 0.00 5.00

NSE:DPEL vs VRT, BE: Piotroski F-Score Comparison

For the Electrical Equipment & Parts subindustry, Divine Power Energy'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.


Divine Power Energy Piotroski F-Score vs Industrial Products Industry

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

* The bar in red indicates where Divine Power Energy's Piotroski F-Score falls into.


NSE:DPEL
41GF Score
Divine Power Energy Ltd NSE:DPEL
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 ₹267 Mil.
Cash Flow from Operations was ₹-247 Mil.
Revenue was ₹6,260 Mil.
Gross Profit was ₹741 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (1842.636 + 3370.125) / 2 = ₹2606.3805 Mil.
Total Assets at the begining of this year (Mar25) was ₹1,843 Mil.
Long-Term Debt & Capital Lease Obligation was ₹351 Mil.
Total Current Assets was ₹2,471 Mil.
Total Current Liabilities was ₹1,723 Mil.
Net Income was ₹92 Mil.

Revenue was ₹3,398 Mil.
Gross Profit was ₹235 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (888.572 + 1842.636) / 2 = ₹1365.604 Mil.
Total Assets at the begining of last year (Mar24) was ₹889 Mil.
Long-Term Debt & Capital Lease Obligation was ₹236 Mil.
Total Current Assets was ₹1,040 Mil.
Total Current Liabilities was ₹744 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.

Divine Power Energy's current Net Income (TTM) was 267. ==> 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.

Divine Power Energy's current Cash Flow from Operations (TTM) was -247. ==> 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)
=267.069/1842.636
=0.14493856

ROA (Last Year)=Net Income/Total Assets (Mar24)
=91.53/888.572
=0.10300797

Divine Power Energy's return on assets of this year was 0.14493856. Divine Power Energy's return on assets of last year was 0.10300797. ==> 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.

Divine Power Energy's current Net Income (TTM) was 267. Divine Power Energy's current Cash Flow from Operations (TTM) was -247. ==> -247 <= 267 ==> 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
=350.938/2606.3805
=0.13464573

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=236.106/1365.604
=0.17289492

Divine Power Energy's gearing of this year was 0.13464573. Divine Power Energy's gearing of last year was 0.17289492. ==> 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
=2470.695/1722.922
=1.43401442

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1039.549/743.895
=1.3974405

Divine Power Energy's current ratio of this year was 1.43401442. Divine Power Energy's current ratio of last year was 1.3974405. ==> 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.

Divine Power Energy's number of shares in issue this year was 24.66. Divine Power Energy's number of shares in issue last year was 20.159. ==> 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
=741.461/6259.602
=0.11845178

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=234.873/3398.221
=0.06911646

Divine Power Energy's gross margin of this year was 0.11845178. Divine Power Energy's gross margin of last year was 0.06911646. ==> 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)
=6259.602/1842.636
=3.39709091

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3398.221/888.572
=3.82436201

Divine Power Energy's asset turnover of this year was 3.39709091. Divine Power Energy's asset turnover of last year was 3.82436201. ==> 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+1+0+1+1+0+1+0
=5

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

Divine Power Energy 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?
Divine Power Energy (NSE:DPEL) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Divine Power Energy and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Divine Power Energy's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Divine Power Energy ranks #1292 out of 2979 companies in the Industrial Products industry, placing it in the top 43.4%.
Is Divine Power Energy's Piotroski F-Score too high?
Divine Power Energy's current Piotroski F-Score of 5 is 17% below 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 7.00. The Industrial Products industry median Piotroski F-Score is 5.00. Divine Power Energy's value of 5 is 0% at this industry median. Based on the distribution chart, Divine Power Energy ranks #1292 out of 2979 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Divine Power Energy has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Divine Power Energy's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Divine Power Energy ranks #1292 out of 2979 companies for Piotroski F-Score. This puts Divine Power Energy in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Divine Power Energy's value of 5 is 0% at this benchmark. Historically, Divine Power Energy's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Divine Power Energy 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 2,979 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. Divine Power Energy'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 Divine Power Energy 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. Divine Power Energy's current Piotroski F-Score is 5, which is 17% 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 Divine Power Energy stock overvalued right now?
Divine Power Energy (NSE:DPEL) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Industrial Products industry median of 5.00. Divine Power Energy's overall GF Score™ is 41/100 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 Divine Power Energy (NSE:DPEL), the current Piotroski F-Score is 5 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.

Divine Power Energy Business Description

Address Industrial Area, Site-IV Sahibabad, 56/1 and 56/2, Ghaziabad, UP, IND, 201010
Divine Power Energy Ltd manufactures electrical conductors, wires, and strips used in the power and transformer industries. The company produces bare and winding copper and aluminum wires/strips insulated with materials like paper, cotton, and fiberglass, critical inputs for transformer manufacturers and power distribution companies. Located in Sahibabad, Ghaziabad, the company sources raw materials from top suppliers such as NALCO and Hindalco, serving sectors including solar and automobile ancillaries.
41GF Score

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