Ganesh Consumer Products (NSE:GANESHCP) Piotroski F-Score: 6 (As of Sep. 06, 2026) — Near Median

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NSE:GANESHCP Ganesh Consumer Products Ltd NSE:GANESHCP
20 GF Score
Price ₹174.46
! 3 Warning Signs
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What is Ganesh Consumer Products Piotroski F-Score?

Ganesh Consumer Products NSE:GANESHCP +3.34% 20 Piotroski F-Score is 6 as of Sep. 06, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:GANESHCP with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,944 Consumer Packaged Goods companies, Ganesh Consumer Products ranks better than 72.79% 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

Ganesh Consumer Products has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

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

During the past 5 years, the highest Piotroski F-Score of Ganesh Consumer Products was 6. The lowest was 6. And the median was 6.

Ganesh Consumer Products  (NSE:GANESHCP) 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.


Ganesh Consumer Products Piotroski F-Score Related Terms


Ganesh Consumer Products Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Ganesh Consumer Products'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.

Ganesh Consumer Products Piotroski F-Score Chart

Ganesh Consumer Products Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A N/A N/A 6.00

Ganesh Consumer Products Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A 6.00 6.00

NSE:GANESHCP vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Ganesh Consumer Products'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.


Ganesh Consumer Products Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ganesh Consumer Products's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Ganesh Consumer Products's Piotroski F-Score falls into.


NSE:GANESHCP
20GF Score
Ganesh Consumer Products Ltd NSE:GANESHCP
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 (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 111.218 + 1219.81 + 95.364 + 125.189 = ₹1,552 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = ₹0 Mil.
Revenue was 2386.603 + 21174.56 + 2180.449 + 1885.383 = ₹27,627 Mil.
Gross Profit was 621.181 + 5479.69 + 529.267 + 536.764 = ₹7,167 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(3417.389 + 0 + 6545.643 + 0 + 4509.251) / 5 = ₹4824.09433333 Mil.
Total Assets at the begining of this year (Jun25) was ₹3,417 Mil.
Long-Term Debt & Capital Lease Obligation was ₹222 Mil.
Total Current Assets was ₹2,416 Mil.
Total Current Liabilities was ₹569 Mil.
Net Income was 94.816 + 780.8 + 45.729 + 95.297 = ₹1,017 Mil.

Revenue was 2227.324 + 21816.43 + 2201.01 + 2029.555 = ₹28,274 Mil.
Gross Profit was 500.052 + 4568.57 + 444.437 + 520.108 = ₹6,033 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(3086.36 + 3846.94 + 0 + 0 + 3417.389) / 5 = ₹3450.22966667 Mil.
Total Assets at the begining of last year (Jun24) was ₹3,086 Mil.
Long-Term Debt & Capital Lease Obligation was ₹185 Mil.
Total Current Assets was ₹1,492 Mil.
Total Current Liabilities was ₹956 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.

Ganesh Consumer Products's current Net Income (TTM) was 1,552. ==> 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.

Ganesh Consumer Products's current Cash Flow from Operations (TTM) was 0. ==> 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 (Jun25)
=1551.581/3417.389
=0.45402528

ROA (Last Year)=Net Income/Total Assets (Jun24)
=1016.642/3086.36
=0.32939839

Ganesh Consumer Products's return on assets of this year was 0.45402528. Ganesh Consumer Products's return on assets of last year was 0.32939839. ==> 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.

Ganesh Consumer Products's current Net Income (TTM) was 1,552. Ganesh Consumer Products's current Cash Flow from Operations (TTM) was 0. ==> 0 <= 1,552 ==> 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: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=221.538/4824.09433333
=0.04592323

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=185.094/3450.22966667
=0.05364686

Ganesh Consumer Products's gearing of this year was 0.04592323. Ganesh Consumer Products's gearing of last year was 0.05364686. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=2415.584/569.061
=4.24485951

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1492.433/955.608
=1.56176277

Ganesh Consumer Products's current ratio of this year was 4.24485951. Ganesh Consumer Products's current ratio of last year was 1.56176277. ==> 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.

Ganesh Consumer Products's number of shares in issue this year was 39.869. Ganesh Consumer Products's number of shares in issue last year was 40.413. ==> 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
=7166.902/27626.995
=0.25941663

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=6033.167/28274.319
=0.21337975

Ganesh Consumer Products's gross margin of this year was 0.25941663. Ganesh Consumer Products's gross margin of last year was 0.21337975. ==> 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 (Jun25)
=27626.995/3417.389
=8.08424063

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=28274.319/3086.36
=9.16105671

Ganesh Consumer Products's asset turnover of this year was 8.08424063. Ganesh Consumer Products's asset turnover of last year was 9.16105671. ==> 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+1+1+0
=6

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

Ganesh Consumer Products has an F-score of 6 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 6 mean?
Ganesh Consumer Products (NSE:GANESHCP) has a Piotroski F-Score of 6 as of Sep. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Ganesh Consumer Products and its competitors. This is near median its historical median of 6.00. Over the past decade, Ganesh Consumer Products' Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Ganesh Consumer Products ranks #529 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 27.2%.
Is Ganesh Consumer Products' Piotroski F-Score too high?
Ganesh Consumer Products' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Ganesh Consumer Products' value of 6 is 20% above this industry median. Based on the distribution chart, Ganesh Consumer Products ranks #529 out of 1944 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ganesh Consumer Products has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Ganesh Consumer Products' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ganesh Consumer Products ranks #529 out of 1944 companies for Piotroski F-Score. This puts Ganesh Consumer Products in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Ganesh Consumer Products' value of 6 is 20% above this benchmark. Historically, Ganesh Consumer Products' own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Ganesh Consumer Products 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,944 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. Ganesh Consumer Products's current Piotroski F-Score of 6 is 20% 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 Ganesh Consumer Products and its competitors. For the Consumer Packaged Goods 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. Ganesh Consumer Products's current Piotroski F-Score is 6, which is near 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 Ganesh Consumer Products stock overvalued right now?
Ganesh Consumer Products (NSE:GANESHCP) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Ganesh Consumer Products' overall GF Score™ is 20/100 with 3 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 Ganesh Consumer Products (NSE:GANESHCP), the current Piotroski F-Score is 6 as of Sep. 06, 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.

Ganesh Consumer Products Business Description

Other Exchanges 544528:India
Address 83, Topsia Road South, Trinity Tower, 3rd Floor, Kolkata, WB, IND, 700 046
Ganesh Consumer Products Ltd is an FMCG company. It offer a range of consumer staples comprising of whole wheat flour (atta), wheat and gram-based valueadded flour products (including, refined wheat flour (maida), semolina flour (sooji), roasted gram flour (sattu), gram flour (besan), cracked wheat (dalia) amongst others) and other emerging food products including packaged instant food mixes (such as khaman dhokla and bela kachori), spices (whole, CTC powder (chilli, turmeric and coriander) and blended), ethnic snacks (such as (including bhujia and chanachur) and ethnic flours such as singhara flour, pearl millet (bajri) flour, etc. Its products are sold under its flagship brand Ganesh.
20GF Score

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