K M Sugar Mills (NSE:KMSUGAR) Piotroski F-Score: 8 (As of Jun. 30, 2026) — 33% Above Median


NSE:KMSUGAR K M Sugar Mills Ltd NSE:KMSUGAR
85 GF Score
Price ₹25.88
GF Value ₹31.16
Valuation Modestly Undervalued
! 2 Warning Signs
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What is K M Sugar Mills Piotroski F-Score?

K M Sugar Mills NSE:KMSUGAR -0.73% 85 Piotroski F-Score is 8 as of Jun. 30, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates NSE:KMSUGAR with a GF Score™ of 85/100 and a GF Value™ of ₹31.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, K M Sugar Mills ranks better than 97.64% on this metric.

Good Sign:

Piotroski F-Score is 8, 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

K M Sugar Mills has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for K M Sugar Mills's Piotroski F-Score or its related term are showing as below:

NSE:KMSUGAR' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of K M Sugar Mills was 8. The lowest was 4. And the median was 6.

K M Sugar Mills  (NSE:KMSUGAR) 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.


K M Sugar Mills Piotroski F-Score Related Terms


K M Sugar Mills Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for K M Sugar Mills'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.

K M Sugar Mills Piotroski F-Score Chart

K M Sugar Mills Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 8.00 6.00 8.00

K M Sugar Mills Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 0.00 0.00 0.00 8.00

NSE:KMSUGAR vs MDLZ, HSY, TR: Piotroski F-Score Comparison

For the Confectioners subindustry, K M Sugar Mills'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.


K M Sugar Mills Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, K M Sugar Mills's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where K M Sugar Mills's Piotroski F-Score falls into.


NSE:KMSUGAR
85GF Score
K M Sugar Mills Ltd NSE:KMSUGAR
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 ₹534 Mil.
Cash Flow from Operations was ₹886 Mil.
Revenue was ₹6,584 Mil.
Gross Profit was ₹2,085 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (7298.882 + 7497.4) / 2 = ₹7398.141 Mil.
Total Assets at the begining of this year (Mar25) was ₹7,299 Mil.
Long-Term Debt & Capital Lease Obligation was ₹35 Mil.
Total Current Assets was ₹4,116 Mil.
Total Current Liabilities was ₹3,398 Mil.
Net Income was ₹356 Mil.

Revenue was ₹6,590 Mil.
Gross Profit was ₹2,125 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (7792.284 + 7298.882) / 2 = ₹7545.583 Mil.
Total Assets at the begining of last year (Mar24) was ₹7,792 Mil.
Long-Term Debt & Capital Lease Obligation was ₹191 Mil.
Total Current Assets was ₹4,010 Mil.
Total Current Liabilities was ₹3,592 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.

K M Sugar Mills's current Net Income (TTM) was 534. ==> 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.

K M Sugar Mills's current Cash Flow from Operations (TTM) was 886. ==> 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)
=534.2/7298.882
=0.07318929

ROA (Last Year)=Net Income/Total Assets (Mar24)
=355.5/7792.284
=0.04562205

K M Sugar Mills's return on assets of this year was 0.07318929. K M Sugar Mills's return on assets of last year was 0.04562205. ==> 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.

K M Sugar Mills's current Net Income (TTM) was 534. K M Sugar Mills's current Cash Flow from Operations (TTM) was 886. ==> 886 > 534 ==> CFROA > ROA ==> Score 1.

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
=35.3/7398.141
=0.00477147

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=190.861/7545.583
=0.0252944

K M Sugar Mills's gearing of this year was 0.00477147. K M Sugar Mills's gearing of last year was 0.0252944. ==> 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
=4115.8/3397.7
=1.21134885

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=4009.528/3591.834
=1.1162899

K M Sugar Mills's current ratio of this year was 1.21134885. K M Sugar Mills's current ratio of last year was 1.1162899. ==> 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.

K M Sugar Mills's number of shares in issue this year was 91.945. K M Sugar Mills's number of shares in issue last year was 92.098. ==> 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
=2084.7/6583.8
=0.31664085

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2124.8/6590.1
=0.32242303

K M Sugar Mills's gross margin of this year was 0.31664085. K M Sugar Mills's gross margin of last year was 0.32242303. ==> 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)
=6583.8/7298.882
=0.90202856

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6590.1/7792.284
=0.84572123

K M Sugar Mills's asset turnover of this year was 0.90202856. K M Sugar Mills's asset turnover of last year was 0.84572123. ==> 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+1+1+1+1+0+1
=8

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

K M Sugar Mills has an F-score of 8. 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 8 mean?
K M Sugar Mills (NSE:KMSUGAR) has a Piotroski F-Score of 8 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on K M Sugar Mills and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, K M Sugar Mills' Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, K M Sugar Mills ranks #45 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 2.4%.
Is K M Sugar Mills' Piotroski F-Score too high?
K M Sugar Mills' current Piotroski F-Score of 8 is 33% above 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 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. K M Sugar Mills' value of 8 is 60% above this industry median. Based on the distribution chart, K M Sugar Mills ranks #45 out of 1909 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, K M Sugar Mills has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does K M Sugar Mills' Piotroski F-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, K M Sugar Mills ranks #45 out of 1909 companies for Piotroski F-Score. This places K M Sugar Mills in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. K M Sugar Mills' value of 8 is 60% above this benchmark. Historically, K M Sugar Mills' own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, K M Sugar Mills 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 1,909 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. K M Sugar Mills's current Piotroski F-Score of 8 is 60% 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 K M Sugar Mills 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. K M Sugar Mills's current Piotroski F-Score is 8, which is 33% above 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 K M Sugar Mills stock overvalued right now?
Based on GuruFocus' analysis, K M Sugar Mills (NSE:KMSUGAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹31.16, compared to a current price of ₹25.88 — trading 16.9% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Consumer Packaged Goods industry median of 5.00. K M Sugar Mills' overall GF Score™ is 85/100 with 2 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 K M Sugar Mills (NSE:KMSUGAR), the current Piotroski F-Score is 8 as of Jun. 30, 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.

Is K M Sugar Mills (NSE:KMSUGAR) Overvalued in 2026?

Based on GuruFocus' analysis, K M Sugar Mills stock appears to be undervalued. The current stock price of ₹25.88 is trading 16.9% below its estimated GF Value™ of ₹31.16. GuruFocus considers K M Sugar Mills to be Modestly Undervalued.

Key valuation signals for NSE:KMSUGAR:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₹31.16 vs. price of ₹25.88 (16.9% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 60% above the Consumer Packaged Goods median (#45 of 1909)

No single metric tells the full story. See the NSE:KMSUGAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


K M Sugar Mills Business Description

Other Exchanges 532673:India
Address 176, Eldeco Greens Gomti Nagar, Lucknow, UP, IND, 208001
K M Sugar Mills Ltd is an Indian company engaged in the manufacturing and sale of sugar. The business operating segments of the company are Sugar and Distillery. Other business activities undertaken by the firm consist of the manufacturing and sale of Ethanol, Ethyl Alcohol, the generation of power using bagasse, and the manufacturing and sale of sanitizers. It derives a majority of the revenue from the Sugar segment. Geographically, the company's operations are principally carried out only in India.
85GF Score

Get the complete analysis for NSE:KMSUGAR

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

₹25.88
Price
₹31.16
GF Value