Eleganz Interiors (NSE:ELGNZ) Piotroski F-Score: 4 (As of Jul. 27, 2026) — 33% Below Median

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NSE:ELGNZ Eleganz Interiors Ltd NSE:ELGNZ
18 GF Score
Price ₹104.75
! 4 Warning Signs
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What is Eleganz Interiors Piotroski F-Score?

Eleganz Interiors NSE:ELGNZ +2.70% 18 Piotroski F-Score is 4 as of Jul. 27, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates NSE:ELGNZ with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,728 Construction companies, Eleganz Interiors ranks worse than 65.34% 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

Eleganz Interiors has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

NSE:ELGNZ' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 6
Current: 4

During the past 5 years, the highest Piotroski F-Score of Eleganz Interiors was 6. The lowest was 4. And the median was 6.

Eleganz Interiors  (NSE:ELGNZ) 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.


Eleganz Interiors Piotroski F-Score Related Terms


Eleganz Interiors Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Eleganz Interiors'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.

Eleganz Interiors Piotroski F-Score Chart

Eleganz Interiors Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 6.00 6.00 4.00

Eleganz Interiors Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
Piotroski F-Score Get a 7-Day Free Trial N/A 6.00 N/A 6.00 4.00

NSE:ELGNZ vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Eleganz Interiors'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.


Eleganz Interiors Piotroski F-Score vs Construction Industry

For the Construction industry and Industrials sector, Eleganz Interiors's Piotroski F-Score distribution charts can be found below:

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


NSE:ELGNZ
18GF Score
Eleganz Interiors Ltd NSE:ELGNZ
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 ₹221 Mil.
Cash Flow from Operations was ₹-133 Mil.
Revenue was ₹4,002 Mil.
Gross Profit was ₹1,134 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2295.119 + 3325.618) / 2 = ₹2810.3685 Mil.
Total Assets at the begining of this year (Mar25) was ₹2,295 Mil.
Long-Term Debt & Capital Lease Obligation was ₹6 Mil.
Total Current Assets was ₹2,552 Mil.
Total Current Liabilities was ₹1,551 Mil.
Net Income was ₹207 Mil.

Revenue was ₹3,927 Mil.
Gross Profit was ₹978 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (1721.195 + 2295.119) / 2 = ₹2008.157 Mil.
Total Assets at the begining of last year (Mar24) was ₹1,721 Mil.
Long-Term Debt & Capital Lease Obligation was ₹17 Mil.
Total Current Assets was ₹1,660 Mil.
Total Current Liabilities was ₹742 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.

Eleganz Interiors's current Net Income (TTM) was 221. ==> 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.

Eleganz Interiors's current Cash Flow from Operations (TTM) was -133. ==> 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)
=221.067/2295.119
=0.0963205

ROA (Last Year)=Net Income/Total Assets (Mar24)
=207.073/1721.195
=0.12030769

Eleganz Interiors's return on assets of this year was 0.0963205. Eleganz Interiors's return on assets of last year was 0.12030769. ==> 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.

Eleganz Interiors's current Net Income (TTM) was 221. Eleganz Interiors's current Cash Flow from Operations (TTM) was -133. ==> -133 <= 221 ==> 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
=5.654/2810.3685
=0.00201184

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=17.416/2008.157
=0.00867263

Eleganz Interiors's gearing of this year was 0.00201184. Eleganz Interiors's gearing of last year was 0.00867263. ==> 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
=2552.07/1550.727
=1.64572488

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1659.599/742.008
=2.23663222

Eleganz Interiors's current ratio of this year was 1.64572488. Eleganz Interiors's current ratio of last year was 2.23663222. ==> 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.

Eleganz Interiors's number of shares in issue this year was 22.604. Eleganz Interiors's number of shares in issue last year was 22.606. ==> 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
=1133.634/4002.231
=0.28325052

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=977.99/3927.062
=0.24903859

Eleganz Interiors's gross margin of this year was 0.28325052. Eleganz Interiors's gross margin of last year was 0.24903859. ==> 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)
=4002.231/2295.119
=1.74380108

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3927.062/1721.195
=2.28159041

Eleganz Interiors's asset turnover of this year was 1.74380108. Eleganz Interiors's asset turnover of last year was 2.28159041. ==> 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+1+0+1+1+0
=4

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

Eleganz Interiors has an F-score of 4 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 4 mean?
Eleganz Interiors (NSE:ELGNZ) has a Piotroski F-Score of 4 as of Jul. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Eleganz Interiors and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Eleganz Interiors' Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Eleganz Interiors ranks #1129 out of 1728 companies in the Construction industry, placing it in the top 65.3%.
Is Eleganz Interiors' Piotroski F-Score too high?
Eleganz Interiors' current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Construction industry median Piotroski F-Score is 5.00. Eleganz Interiors' value of 4 is 20% below this industry median. Based on the distribution chart, Eleganz Interiors ranks #1129 out of 1728 companies in the Construction industry, which is below the industry midpoint. Overall, Eleganz Interiors has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Eleganz Interiors' Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Eleganz Interiors ranks #1129 out of 1728 companies for Piotroski F-Score. This places Eleganz Interiors in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Eleganz Interiors' value of 4 is 20% below this benchmark. Historically, Eleganz Interiors' own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Eleganz Interiors 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 a Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,728 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. Eleganz Interiors's current Piotroski F-Score of 4 is 20% 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 Eleganz Interiors and its competitors. For the Construction 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. Eleganz Interiors's current Piotroski F-Score is 4, which is 33% 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 Eleganz Interiors stock overvalued right now?
Eleganz Interiors (NSE:ELGNZ) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Construction industry median of 5.00. Eleganz Interiors' overall GF Score™ is 18/100 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 Eleganz Interiors (NSE:ELGNZ), the current Piotroski F-Score is 4 as of Jul. 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.

Eleganz Interiors Business Description

Address Western Express Highway, Gala Nos. 1-7, Ground Floor, Sarita B, Prabhat Industrial Estate, Dahisar East, Mumbai, MH, IND, 400068
Eleganz Interiors Ltd is specialized in providing interior contracting services, delivering high-quality design and execution solutions to its clients. Its services include Design & Build services (D&B) and General Contracting (GC) services. Design & Build services provide complete, end-to-end services for interiors and fitouts which includes designing, shop drawings of the projects, resource planning & procurement of materials, etc. General Contracting services, provide (a) civil and interior works plumbing, POP works, painting, carpentry work and polishing; (b) mechanical work; (c) electrical work (including HVAC work) etc.
18GF Score

Get the complete analysis for NSE:ELGNZ

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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