Pelatro (NSE:PELATRO) Piotroski F-Score: 4 (As of Jul. 08, 2026) — Near Median


NSE:PELATRO Pelatro Ltd NSE:PELATRO
17 GF Score
Price ₹266.00
! 2 Warning Signs
View Full Analysis

What is Pelatro Piotroski F-Score?

Pelatro NSE:PELATRO -0.76% 17 Piotroski F-Score is 4 as of Jul. 08, 2026, which is at its 10-year median of 4.00. GuruFocus rates NSE:PELATRO with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,734 Software companies, Pelatro ranks worse than 60.2% 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

Pelatro has an F-score of 4 indicating the company's financial situation is typical for a stable company.

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

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

During the past 5 years, the highest Piotroski F-Score of Pelatro was 4. The lowest was 4. And the median was 4.

Pelatro  (NSE:PELATRO) 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.


Pelatro Piotroski F-Score Related Terms


Pelatro Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pelatro'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.

Pelatro Piotroski F-Score Chart

Pelatro Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A N/A N/A 4.00

Pelatro Quarterly Data
Mar22 Mar23 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 N/A N/A 4.00 N/A 4.00

NSE:PELATRO vs UBER, SHOP, CRM: Piotroski F-Score Comparison

For the Software - Application subindustry, Pelatro'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.


Pelatro Piotroski F-Score vs Software Industry

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

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


NSE:PELATRO
17GF Score
Pelatro Ltd NSE:PELATRO
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 35.584 + 46.492 + 37.899 + 61.075 = ₹181 Mil.
Cash Flow from Operations was 19.301 + 186.792 + -114.014 + 79.59 = ₹172 Mil.
Revenue was 266.91 + 340.516 + 383.849 + 391.026 = ₹1,382 Mil.
Gross Profit was 110.622 + 127.389 + 162.404 + 154.943 = ₹555 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1370.647 + 1377.438 + 1768.746 + 1763.167 + 1842.26) / 5 = ₹1624.4516 Mil.
Total Assets at the begining of this year (Mar25) was ₹1,371 Mil.
Long-Term Debt & Capital Lease Obligation was ₹366 Mil.
Total Current Assets was ₹752 Mil.
Total Current Liabilities was ₹233 Mil.
Net Income was 22.931 + 27.383 + 31.729 + 36.892 = ₹119 Mil.

Revenue was 183.261 + 201.175 + 226.949 + 246.301 = ₹858 Mil.
Gross Profit was 58.839 + 68.245 + 90.143 + 106.749 = ₹324 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(578.092 + 0 + 1174.202 + 0 + 1370.647) / 5 = ₹1040.98033333 Mil.
Total Assets at the begining of last year (Mar24) was ₹578 Mil.
Long-Term Debt & Capital Lease Obligation was ₹386 Mil.
Total Current Assets was ₹628 Mil.
Total Current Liabilities was ₹143 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.

Pelatro's current Net Income (TTM) was 181. ==> 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.

Pelatro's current Cash Flow from Operations (TTM) was 172. ==> 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)
=181.05/1370.647
=0.1320909

ROA (Last Year)=Net Income/Total Assets (Mar24)
=118.935/578.092
=0.20573715

Pelatro's return on assets of this year was 0.1320909. Pelatro's return on assets of last year was 0.20573715. ==> 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.

Pelatro's current Net Income (TTM) was 181. Pelatro's current Cash Flow from Operations (TTM) was 172. ==> 172 <= 181 ==> 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
=365.878/1624.4516
=0.2252317

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=385.846/1040.98033333
=0.37065638

Pelatro's gearing of this year was 0.2252317. Pelatro's gearing of last year was 0.37065638. ==> 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
=751.831/233.202
=3.22394748

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=628.472/143.129
=4.39094803

Pelatro's current ratio of this year was 3.22394748. Pelatro's current ratio of last year was 4.39094803. ==> Last year's current ratio is higher ==> Score 0.

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.

Pelatro's number of shares in issue this year was 10.53. Pelatro's number of shares in issue last year was 8.328. ==> 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
=555.358/1382.301
=0.40176344

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=323.976/857.686
=0.37773264

Pelatro's gross margin of this year was 0.40176344. Pelatro's gross margin of last year was 0.37773264. ==> 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)
=1382.301/1370.647
=1.00850255

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=857.686/578.092
=1.48364966

Pelatro's asset turnover of this year was 1.00850255. Pelatro's asset turnover of last year was 1.48364966. ==> 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+0+0+1+0
=4

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

Pelatro has an F-score of 4 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 4 mean?
Pelatro (NSE:PELATRO) has a Piotroski F-Score of 4 as of Jul. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pelatro and its competitors. This is near median its historical median of 4.00. Over the past decade, Pelatro's Piotroski F-Score has ranged from 4.00 to 4.00. According to the industry distribution chart, Pelatro ranks #1646 out of 2734 companies in the Software industry, placing it in the top 60.2%.
Is Pelatro's Piotroski F-Score too high?
Pelatro's current Piotroski F-Score of 4 is near median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 4.00. The Software industry median Piotroski F-Score is 5.00. Pelatro's value of 4 is 20% below this industry median. Based on the distribution chart, Pelatro ranks #1646 out of 2734 companies in the Software industry, which is below the industry midpoint. Overall, Pelatro has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Pelatro's Piotroski F-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Pelatro ranks #1646 out of 2734 companies for Piotroski F-Score. This places Pelatro in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Pelatro's value of 4 is 20% below this benchmark. Historically, Pelatro's own Piotroski F-Score has ranged from 4.00 to 4.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Pelatro has consistently been below 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 2,734 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. Pelatro's current Piotroski F-Score of 4 is 20% below 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 Pelatro 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. Pelatro's current Piotroski F-Score is 4, which is near 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 Pelatro stock overvalued right now?
Pelatro (NSE:PELATRO) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is near median its 10-year median of 4.00 and 20% below the Software industry median of 5.00. Pelatro's overall GF Score™ is 17/100 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 Pelatro (NSE:PELATRO), the current Piotroski F-Score is 4 as of Jul. 08, 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.

Pelatro Business Description

Address No.144, Outer Ring Road, 5th Floor, MSR North Tower, Nagavara, Bangalore, KA, IND, 560045
Pelatro Ltd offers a comprehensive customer engagement platform, mViva, which enables customer-centric interactions between companies or brands and their end users. The company helps businesses to understand their customers' behavior accurately and improve interactions with end customers. The platform provides end-to-end capabilities and experiences, starting with data collection, analytics, intelligence gathering, audience selection, configuration, execution, and reporting. The company's core product portfolio includes Campaign Management Solutions, Loyalty Management Solutions, Lead Management Solutions, and Data Monetization Solutions.
17GF Score

Get the complete analysis for NSE:PELATRO

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

₹266.00
Price