Jainik Power Cables (NSE:JAINIK) Piotroski F-Score: 7 (As of Aug. 11, 2026) — 13% Below Median

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NSE:JAINIK Jainik Power Cables Ltd NSE:JAINIK
18 GF Score
Price ₹210.10
! 5 Warning Signs
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What is Jainik Power Cables Piotroski F-Score?

Jainik Power Cables NSE:JAINIK +10.00% 18 Piotroski F-Score is 7 as of Aug. 11, 2026, which is 13% below its 10-year median of 8.00. GuruFocus rates NSE:JAINIK with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 2,501 Metals & Mining companies, Jainik Power Cables ranks better than 95.44% 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

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

NSE:JAINIK' s Piotroski F-Score Range Over the Past 10 Years
Min: 7   Med: 8   Max: 8
Current: 7

During the past 4 years, the highest Piotroski F-Score of Jainik Power Cables was 8. The lowest was 7. And the median was 8.

Jainik Power Cables  (NSE:JAINIK) 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.


Jainik Power Cables Piotroski F-Score Related Terms


Jainik Power Cables Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Jainik Power Cables'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.

Jainik Power Cables Piotroski F-Score Chart

Jainik Power Cables Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 8.00 7.00

Jainik Power Cables Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Piotroski F-Score Get a 7-Day Free Trial N/A 8.00 0.00 7.00 0.00

NSE:JAINIK vs AA: Piotroski F-Score Comparison

For the Aluminum subindustry, Jainik Power Cables'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.


Jainik Power Cables Piotroski F-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jainik Power Cables's Piotroski F-Score distribution charts can be found below:

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


NSE:JAINIK
18GF Score
Jainik Power Cables Ltd NSE:JAINIK
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was ₹92 Mil.
Cash Flow from Operations was ₹-53 Mil.
Revenue was ₹3,517 Mil.
Gross Profit was ₹194 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (355.003 + 711.858) / 2 = ₹533.4305 Mil.
Total Assets at the begining of this year (Mar24) was ₹355 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹638 Mil.
Total Current Liabilities was ₹465 Mil.
Net Income was ₹50 Mil.

Revenue was ₹3,376 Mil.
Gross Profit was ₹104 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (366.579 + 355.003) / 2 = ₹360.791 Mil.
Total Assets at the begining of last year (Mar23) was ₹367 Mil.
Long-Term Debt & Capital Lease Obligation was ₹74 Mil.
Total Current Assets was ₹276 Mil.
Total Current Liabilities was ₹202 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.

Jainik Power Cables's current Net Income (TTM) was 92. ==> 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.

Jainik Power Cables's current Cash Flow from Operations (TTM) was -53. ==> 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 (Mar24)
=92.36/355.003
=0.26016682

ROA (Last Year)=Net Income/Total Assets (Mar23)
=50.186/366.579
=0.13690364

Jainik Power Cables's return on assets of this year was 0.26016682. Jainik Power Cables's return on assets of last year was 0.13690364. ==> 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.

Jainik Power Cables's current Net Income (TTM) was 92. Jainik Power Cables's current Cash Flow from Operations (TTM) was -53. ==> -53 <= 92 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/533.4305
=0

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=74.011/360.791
=0.20513538

Jainik Power Cables's gearing of this year was 0. Jainik Power Cables's gearing of last year was 0.20513538. ==> 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: Mar25)=Total Current Assets/Total Current Liabilities
=638.342/465.065
=1.37258663

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=275.846/202.169
=1.36443273

Jainik Power Cables's current ratio of this year was 1.37258663. Jainik Power Cables's current ratio of last year was 1.36443273. ==> 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.

Jainik Power Cables's number of shares in issue this year was 14.348. Jainik Power Cables's number of shares in issue last year was 14.348. ==> 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
=193.68/3516.895
=0.05507131

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=104.158/3375.886
=0.03085353

Jainik Power Cables's gross margin of this year was 0.05507131. Jainik Power Cables's gross margin of last year was 0.03085353. ==> 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 (Mar24)
=3516.895/355.003
=9.90666276

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=3375.886/366.579
=9.20916365

Jainik Power Cables's asset turnover of this year was 9.90666276. Jainik Power Cables's asset turnover of last year was 9.20916365. ==> 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+0+1+0+1+1+1+1+1
=7

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

Jainik Power Cables 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?
Jainik Power Cables (NSE:JAINIK) has a Piotroski F-Score of 7 as of Aug. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Jainik Power Cables and its competitors. This is 13% below median its historical median of 8.00. Over the past decade, Jainik Power Cables' Piotroski F-Score has ranged from 7.00 to 8.00. According to the industry distribution chart, Jainik Power Cables ranks #114 out of 2501 companies in the Metals & Mining industry, placing it in the top 4.6%.
Is Jainik Power Cables' Piotroski F-Score too high?
Jainik Power Cables' current Piotroski F-Score of 7 is 13% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 8.00. The Metals & Mining industry median Piotroski F-Score is 3.00. Jainik Power Cables' value of 7 is 133.3% above this industry median. Based on the distribution chart, Jainik Power Cables ranks #114 out of 2501 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Jainik Power Cables has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Jainik Power Cables' Piotroski F-Score compare to AA?
According to the Metals & Mining industry distribution chart, Jainik Power Cables ranks #114 out of 2501 companies for Piotroski F-Score. This places Jainik Power Cables in the top 5% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Jainik Power Cables' value of 7 is 133.3% above this benchmark. Historically, Jainik Power Cables' own Piotroski F-Score has ranged from 7.00 to 8.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 3.00, Jainik Power Cables 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 Metals & Mining company?
The median Piotroski F-Score among Metals & Mining companies is 3.00, based on 2,501 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. Jainik Power Cables's current Piotroski F-Score of 7 is 133.3% 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 Jainik Power Cables and its competitors. For the Metals & Mining industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jainik Power Cables's current Piotroski F-Score is 7, which is 13% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jainik Power Cables stock overvalued right now?
Jainik Power Cables (NSE:JAINIK) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 13% below median its 10-year median of 8.00 and 133.3% above the Metals & Mining industry median of 3.00. Jainik Power Cables' overall GF Score™ is 18/100 with 5 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 Jainik Power Cables (NSE:JAINIK), the current Piotroski F-Score is 7 as of Aug. 11, 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.

Jainik Power Cables Business Description

Address Wazirpur Industrial Area, 39/101A, 1st Floor, Community Centre, Wazir PurIII, North West Delhi, Delhi, IND, 110052
Jainik Power Cables Ltd is engaged in manufacturing aluminum wire rods.
18GF Score

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