HP Telecom India (NSE:HPTL) Piotroski F-Score: 7 (As of Jul. 07, 2026) — 75% Above Median


NSE:HPTL HP Telecom India Ltd NSE:HPTL
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What is HP Telecom India Piotroski F-Score?

HP Telecom India NSE:HPTL 28 Piotroski F-Score is 7 as of Jul. 07, 2026, which is 75% above its 10-year median of 4.00. GuruFocus rates NSE:HPTL with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 2,427 Hardware companies, HP Telecom India ranks better than 91.02% on this metric.

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

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

HP Telecom India has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

NSE:HPTL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 7
Current: 7

During the past 5 years, the highest Piotroski F-Score of HP Telecom India was 7. The lowest was 3. And the median was 4.

HP Telecom India  (NSE:HPTL) 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.


HP Telecom India Piotroski F-Score Related Terms


HP Telecom India Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for HP Telecom 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.

HP Telecom India Piotroski F-Score Chart

HP Telecom India Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 3.00 4.00 7.00

HP Telecom India Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
Piotroski F-Score Get a 7-Day Free Trial N/A 3.00 0.00 4.00 7.00

NSE:HPTL vs SNX, ARW, AVT: Piotroski F-Score Comparison

For the Electronics & Computer Distribution subindustry, HP Telecom 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.


HP Telecom India Piotroski F-Score vs Hardware Industry

For the Hardware industry and Technology sector, HP Telecom India's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where HP Telecom India's Piotroski F-Score falls into.


NSE:HPTL
28GF Score
HP Telecom India Ltd NSE:HPTL
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 ₹255 Mil.
Cash Flow from Operations was ₹154 Mil.
Revenue was ₹23,917 Mil.
Gross Profit was ₹557 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2715.234 + 3536.531) / 2 = ₹3125.8825 Mil.
Total Assets at the begining of this year (Mar25) was ₹2,715 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹3,382 Mil.
Total Current Liabilities was ₹2,527 Mil.
Net Income was ₹126 Mil.

Revenue was ₹15,962 Mil.
Gross Profit was ₹354 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2741.239 + 2715.234) / 2 = ₹2728.2365 Mil.
Total Assets at the begining of last year (Mar24) was ₹2,741 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹2,591 Mil.
Total Current Liabilities was ₹1,959 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.

HP Telecom India's current Net Income (TTM) was 255. ==> 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.

HP Telecom India's current Cash Flow from Operations (TTM) was 154. ==> Positive ==> Score 1.

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)
=254.88/2715.234
=0.09387036

ROA (Last Year)=Net Income/Total Assets (Mar24)
=125.784/2741.239
=0.04588582

HP Telecom India's return on assets of this year was 0.09387036. HP Telecom India's return on assets of last year was 0.04588582. ==> 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.

HP Telecom India's current Net Income (TTM) was 255. HP Telecom India's current Cash Flow from Operations (TTM) was 154. ==> 154 <= 255 ==> 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
=0/3125.8825
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/2728.2365
=0

HP Telecom India's gearing of this year was 0. HP Telecom India's gearing of last year was 0. ==> 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
=3381.92/2527.03
=1.33829832

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2591.206/1959.164
=1.32260801

HP Telecom India's current ratio of this year was 1.33829832. HP Telecom India's current ratio of last year was 1.32260801. ==> 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.

HP Telecom India's number of shares in issue this year was 11.916. HP Telecom India's number of shares in issue last year was 9.023. ==> 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
=557.408/23916.863
=0.02330607

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=354.378/15961.581
=0.02220194

HP Telecom India's gross margin of this year was 0.02330607. HP Telecom India's gross margin of last year was 0.02220194. ==> 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)
=23916.863/2715.234
=8.80839847

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=15961.581/2741.239
=5.82276153

HP Telecom India's asset turnover of this year was 8.80839847. HP Telecom India's asset turnover of last year was 5.82276153. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+1+1+0+1+1
=7

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

HP Telecom India has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 7 mean?
HP Telecom India (NSE:HPTL) has a Piotroski F-Score of 7 as of Jul. 07, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on HP Telecom India and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, HP Telecom India's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, HP Telecom India ranks #218 out of 2427 companies in the Hardware industry, placing it in the top 9%.
Is HP Telecom India's Piotroski F-Score too high?
HP Telecom India's current Piotroski F-Score of 7 is 75% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Hardware industry median Piotroski F-Score is 5.00. HP Telecom India's value of 7 is 40% above this industry median. Based on the distribution chart, HP Telecom India ranks #218 out of 2427 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, HP Telecom India has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does HP Telecom India's Piotroski F-Score compare to SNX and ARW?
According to the Hardware industry distribution chart, HP Telecom India ranks #218 out of 2427 companies for Piotroski F-Score. This places HP Telecom India in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. HP Telecom India's value of 7 is 40% above this benchmark. Historically, HP Telecom India's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, HP Telecom India 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 Hardware company?
The median Piotroski F-Score among Hardware companies is 5.00, based on 2,427 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. HP Telecom India's current Piotroski F-Score of 7 is 40% 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 HP Telecom India and its competitors. For the Hardware 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. HP Telecom India's current Piotroski F-Score is 7, which is 75% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HP Telecom India stock overvalued right now?
HP Telecom India (NSE:HPTL) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 40% above the Hardware industry median of 5.00. HP Telecom India's overall GF Score™ is 28/100 with 1 warning sign 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 HP Telecom India (NSE:HPTL), the current Piotroski F-Score is 7 as of Jul. 07, 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.

HP Telecom India Business Description

Address BRTS Canal Road, Plot No. 97, 01st Floor, Om Square, Near Ishwar Farm, Bhatar, Althan, Surat, GJ, IND, 395017
HP Telecom India Ltd has been dedicated to providing top-tier telecommunications solutions and services to its clients. It operates with a focus on professionalism, innovation, and customer satisfaction. Currently, the company operates as the exclusive distributor of Apple products across territories, including Madhya Pradesh & Chhattisgarh, select cities in Uttar Pradesh, and urban centers in Gujarat. It proudly offers Apple's iconic range of devices, comprising the iPhone, iPad, Mac, Apple Watch, and more, catering to the discerning tech-savvy consumers in these regions. While Apple products remain the cornerstone of its distribution portfolio, It also engages in the distribution of select other brands to diversify its offerings and cater to a broader customer base.
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