Enser Communications (NSE:ENSER) Piotroski F-Score: 3 (As of Jul. 21, 2026) — 40% Below Median

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NSE:ENSER Enser Communications Ltd NSE:ENSER
42 GF Score
Price ₹12.65
! 9 Warning Signs
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What is Enser Communications Piotroski F-Score?

Enser Communications NSE:ENSER +1.61% 42 Piotroski F-Score is 3 as of Jul. 21, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates NSE:ENSER with a GF Score™ of 42/100. The stock has 9 warning signs investors should review. Among 2,740 Software companies, Enser Communications ranks worse than 78.98% on this metric.

Warning Sign:

Piotroski F-Score of 3 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

Enser Communications has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

NSE:ENSER' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 6
Current: 3

During the past 6 years, the highest Piotroski F-Score of Enser Communications was 6. The lowest was 3. And the median was 5.

Enser Communications  (NSE:ENSER) 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.


Enser Communications Piotroski F-Score Related Terms


Enser Communications Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Enser Communications'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.

Enser Communications Piotroski F-Score Chart

Enser Communications Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial N/A 6.00 6.00 3.00 3.00

Enser Communications Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
Piotroski F-Score Get a 7-Day Free Trial 6.00 0.00 6.00 3.00 3.00

NSE:ENSER vs IBM, ACN, FISV: Piotroski F-Score Comparison

For the Information Technology Services subindustry, Enser Communications'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.


Enser Communications Piotroski F-Score vs Software Industry

For the Software industry and Technology sector, Enser Communications's Piotroski F-Score distribution charts can be found below:

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


NSE:ENSER
42GF Score
Enser Communications Ltd NSE:ENSER
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 ₹96.3 Mil.
Cash Flow from Operations was ₹-59.2 Mil.
Revenue was ₹1,011.6 Mil.
Gross Profit was ₹417.8 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (762.19 + 1153.322) / 2 = ₹957.756 Mil.
Total Assets at the begining of this year (Mar25) was ₹762.2 Mil.
Long-Term Debt & Capital Lease Obligation was ₹173.0 Mil.
Total Current Assets was ₹800.3 Mil.
Total Current Liabilities was ₹490.7 Mil.
Net Income was ₹86.3 Mil.

Revenue was ₹845.8 Mil.
Gross Profit was ₹381.4 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (376.372 + 762.19) / 2 = ₹569.281 Mil.
Total Assets at the begining of last year (Mar24) was ₹376.4 Mil.
Long-Term Debt & Capital Lease Obligation was ₹34.2 Mil.
Total Current Assets was ₹476.9 Mil.
Total Current Liabilities was ₹347.0 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.

Enser Communications's current Net Income (TTM) was 96.3. ==> 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.

Enser Communications's current Cash Flow from Operations (TTM) was -59.2. ==> 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)
=96.322/762.19
=0.12637531

ROA (Last Year)=Net Income/Total Assets (Mar24)
=86.311/376.372
=0.22932365

Enser Communications's return on assets of this year was 0.12637531. Enser Communications's return on assets of last year was 0.22932365. ==> 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.

Enser Communications's current Net Income (TTM) was 96.3. Enser Communications's current Cash Flow from Operations (TTM) was -59.2. ==> -59.2 <= 96.3 ==> 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
=173.031/957.756
=0.18066292

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=34.236/569.281
=0.06013902

Enser Communications's gearing of this year was 0.18066292. Enser Communications's gearing of last year was 0.06013902. ==> 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
=800.32/490.712
=1.63093627

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=476.927/347.043
=1.3742591

Enser Communications's current ratio of this year was 1.63093627. Enser Communications's current ratio of last year was 1.3742591. ==> 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.

Enser Communications's number of shares in issue this year was 86.777. Enser Communications's number of shares in issue last year was 87.183. ==> 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
=417.843/1011.564
=0.4130663

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=381.404/845.843
=0.45091583

Enser Communications's gross margin of this year was 0.4130663. Enser Communications's gross margin of last year was 0.45091583. ==> 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)
=1011.564/762.19
=1.32718089

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=845.843/376.372
=2.247359

Enser Communications's asset turnover of this year was 1.32718089. Enser Communications's asset turnover of last year was 2.247359. ==> 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+1+1+0+0
=3

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

Enser Communications has an F-score of 3. 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 3 mean?
Enser Communications (NSE:ENSER) has a Piotroski F-Score of 3 as of Jul. 21, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Enser Communications and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Enser Communications' Piotroski F-Score has ranged from 3.00 to 6.00. According to the industry distribution chart, Enser Communications ranks #2164 out of 2740 companies in the Software industry, placing it in the top 79%.
Is Enser Communications' Piotroski F-Score too high?
Enser Communications' current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. The Software industry median Piotroski F-Score is 5.00. Enser Communications' value of 3 is 40% below this industry median. Based on the distribution chart, Enser Communications ranks #2164 out of 2740 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Enser Communications has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Enser Communications' Piotroski F-Score compare to IBM and ACN?
According to the Software industry distribution chart, Enser Communications ranks #2164 out of 2740 companies for Piotroski F-Score. This places Enser Communications in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Enser Communications' value of 3 is 40% below this benchmark. Historically, Enser Communications' own Piotroski F-Score has ranged from 3.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Enser Communications 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,740 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. Enser Communications's current Piotroski F-Score of 3 is 40% 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 Enser Communications and its competitors. For the Software 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. Enser Communications's current Piotroski F-Score is 3, which is 40% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enser Communications stock overvalued right now?
Enser Communications (NSE:ENSER) has a current Piotroski F-Score of 3. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Software industry median of 5.00. Enser Communications' overall GF Score™ is 42/100 with 9 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 Enser Communications (NSE:ENSER), the current Piotroski F-Score is 3 as of Jul. 21, 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.

Enser Communications Business Description

Address Splendor Spectrum One, 8th Floor, South Tower B, Sadar Bazar Gurgaon, Gurgaon, HR, IND, 122002
Enser Communications Ltd is in the business of the Business Process Management Platform. The company's BPM technology-enabled platform integrates with voice, chat, email, IVRS, and other social media engagements for customer acquisition as well as customer service strategies, specializing in Client Interaction Management. Its service offerings span across Business Analytics, Customer Relationship Management (CRM), Interactive Voice Response Systems (IVRS), Tech-enabled Infrastructure Development, and Customer Interaction Management solutions. In addition, the company is also involved in providing various services related to digital marketing such as email marketing, content marketing, website development, search engine optimization, and others.
42GF 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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