Mobilise App Lab (NSE:MOBILISE) Piotroski F-Score: 6 (As of Jul. 17, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MOBILISE Mobilise App Lab Ltd NSE:MOBILISE
21 GF Score
Price ₹113.00
! 2 Warning Signs
View Full Analysis

What is Mobilise App Lab Piotroski F-Score?

Mobilise App Lab NSE:MOBILISE 21 Piotroski F-Score is 6 as of Jul. 17, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:MOBILISE with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 2,737 Software companies, Mobilise App Lab ranks better than 78.55% 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

Mobilise App Lab 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 Mobilise App Lab's Piotroski F-Score or its related term are showing as below:

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

During the past 3 years, the highest Piotroski F-Score of Mobilise App Lab was 6. The lowest was 6. And the median was 6.

Mobilise App Lab  (NSE:MOBILISE) 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.


Mobilise App Lab Piotroski F-Score Related Terms


Mobilise App Lab Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Mobilise App Lab'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.

Mobilise App Lab Piotroski F-Score Chart

Mobilise App Lab Annual Data
Trend Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 6.00

Mobilise App Lab Semi-Annual Data
Mar23 Mar24 Mar25
Piotroski F-Score N/A N/A 6.00

NSE:MOBILISE vs MSFT, ORCL, PLTR: Piotroski F-Score Comparison

For the Software - Infrastructure subindustry, Mobilise App Lab'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.


Mobilise App Lab Piotroski F-Score vs Software Industry

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

* The bar in red indicates where Mobilise App Lab's Piotroski F-Score falls into.


NSE:MOBILISE
21GF Score
Mobilise App Lab Ltd NSE:MOBILISE
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 ₹47.1 Mil.
Cash Flow from Operations was ₹41.3 Mil.
Revenue was ₹161.4 Mil.
Gross Profit was ₹124.3 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (65.004 + 119.183) / 2 = ₹92.0935 Mil.
Total Assets at the begining of this year (Mar24) was ₹65.0 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.
Total Current Assets was ₹66.4 Mil.
Total Current Liabilities was ₹36.9 Mil.
Net Income was ₹31.0 Mil.

Revenue was ₹120.6 Mil.
Gross Profit was ₹90.2 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (33.856 + 65.004) / 2 = ₹49.43 Mil.
Total Assets at the begining of last year (Mar23) was ₹33.9 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.
Total Current Assets was ₹35.9 Mil.
Total Current Liabilities was ₹29.1 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.

Mobilise App Lab's current Net Income (TTM) was 47.1. ==> 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.

Mobilise App Lab's current Cash Flow from Operations (TTM) was 41.3. ==> 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 (Mar24)
=47.133/65.004
=0.72507846

ROA (Last Year)=Net Income/Total Assets (Mar23)
=31.005/33.856
=0.91579041

Mobilise App Lab's return on assets of this year was 0.72507846. Mobilise App Lab's return on assets of last year was 0.91579041. ==> 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.

Mobilise App Lab's current Net Income (TTM) was 47.1. Mobilise App Lab's current Cash Flow from Operations (TTM) was 41.3. ==> 41.3 <= 47.1 ==> 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
=0/92.0935
=0

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0/49.43
=0

Mobilise App Lab's gearing of this year was 0. Mobilise App Lab'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: Mar25)=Total Current Assets/Total Current Liabilities
=66.36/36.871
=1.79978845

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=35.9/29.066
=1.23512007

Mobilise App Lab's current ratio of this year was 1.79978845. Mobilise App Lab's current ratio of last year was 1.23512007. ==> 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.

Mobilise App Lab's number of shares in issue this year was 9.512. Mobilise App Lab's number of shares in issue last year was 9.512. ==> 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
=124.282/161.409
=0.76998185

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=90.238/120.56
=0.74849038

Mobilise App Lab's gross margin of this year was 0.76998185. Mobilise App Lab's gross margin of last year was 0.74849038. ==> 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)
=161.409/65.004
=2.48306258

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=120.56/33.856
=3.56096408

Mobilise App Lab's asset turnover of this year was 2.48306258. Mobilise App Lab's asset turnover of last year was 3.56096408. ==> 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+1+0+0+1+1+1+1+0
=6

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

Mobilise App Lab 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?
Mobilise App Lab (NSE:MOBILISE) has a Piotroski F-Score of 6 as of Jul. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mobilise App Lab and its competitors. This is near median its historical median of 6.00. Over the past decade, Mobilise App Lab's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Mobilise App Lab ranks #587 out of 2737 companies in the Software industry, placing it in the top 21.4%.
Is Mobilise App Lab's Piotroski F-Score too high?
Mobilise App Lab's 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 Software industry median Piotroski F-Score is 5.00. Mobilise App Lab's value of 6 is 20% above this industry median. Based on the distribution chart, Mobilise App Lab ranks #587 out of 2737 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mobilise App Lab has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mobilise App Lab's Piotroski F-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Mobilise App Lab ranks #587 out of 2737 companies for Piotroski F-Score. This places Mobilise App Lab in the top 21% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Mobilise App Lab's value of 6 is 20% above this benchmark. Historically, Mobilise App Lab's 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, Mobilise App Lab 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 Software company?
The median Piotroski F-Score among Software companies is 5.00, based on 2,737 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. Mobilise App Lab'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 Mobilise App Lab 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. Mobilise App Lab'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 Mobilise App Lab stock overvalued right now?
Mobilise App Lab (NSE:MOBILISE) 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 Software industry median of 5.00. Mobilise App Lab's overall GF Score™ is 21/100 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 Mobilise App Lab (NSE:MOBILISE), the current Piotroski F-Score is 6 as of Jul. 17, 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.

Mobilise App Lab Business Description

Address Unit No. 201, 2nd floor, Tower B, Unitech CyberPark, Sector 39, Jharsa, Wazirabad, Gurugram, HR, IND, 122001
Mobilise App Lab Ltd is an Indian software as a service IT solutions provider offering digital platforms to streamline and manage enterprise operations. It is engaged in providing IT Solutions, ERP Implementation and providing web, mobile and IoT applications. The company's offerings include OpsSuite (Computerized Maintenance Management System (CMMS), EduPro (ERP Solutions for Educational Institutions), SCMPro (Supply Chain & Procurement Solutions), and HRevO (HRMS & Employee Lifecycle Management). The majority of the company's revenue is derived from the sale of its HRevO product, which operates on a hybrid SaaS revenue model, combining per-employee, per-month licensing with lump-sum enterprise contracts. Geographically, it operates within India.
21GF Score

Get the complete analysis for NSE:MOBILISE

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

₹113.00
Price