Prolife Industries (NSE:PROLIFE) Piotroski F-Score: 5 (As of Jun. 27, 2026) — 17% Below Median


NSE:PROLIFE Prolife Industries Ltd NSE:PROLIFE
61 GF Score
Price ₹75.80
GF Value ₹167.09
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Prolife Industries Piotroski F-Score?

Prolife Industries NSE:PROLIFE +4.99% 61 Piotroski F-Score is 5 as of Jun. 27, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates NSE:PROLIFE with a GF Score™ of 61/100 and a GF Value™ of ₹167.09 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,567 Chemicals companies, Prolife Industries ranks better than 55.52% 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

Prolife Industries has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

NSE:PROLIFE' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 8
Current: 5

During the past 13 years, the highest Piotroski F-Score of Prolife Industries was 8. The lowest was 5. And the median was 6.

Prolife Industries  (NSE:PROLIFE) 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.


Prolife Industries Piotroski F-Score Related Terms


Prolife Industries Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Prolife Industries'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.

Prolife Industries Piotroski F-Score Chart

Prolife Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 7.00 8.00 5.00

Prolife Industries Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 7.00 0.00 8.00 0.00 5.00

NSE:PROLIFE vs DOW: Piotroski F-Score Comparison

For the Chemicals subindustry, Prolife Industries'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.


Prolife Industries Piotroski F-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Prolife Industries's Piotroski F-Score distribution charts can be found below:

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


NSE:PROLIFE
61GF Score
Prolife Industries Ltd NSE:PROLIFE
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 ₹46.8 Mil.
Cash Flow from Operations was ₹3.3 Mil.
Revenue was ₹554.7 Mil.
Gross Profit was ₹195.6 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (519.219 + 533.253) / 2 = ₹526.236 Mil.
Total Assets at the begining of this year (Mar24) was ₹519.2 Mil.
Long-Term Debt & Capital Lease Obligation was ₹25.8 Mil.
Total Current Assets was ₹327.4 Mil.
Total Current Liabilities was ₹46.8 Mil.
Net Income was ₹87.6 Mil.

Revenue was ₹568.2 Mil.
Gross Profit was ₹247.8 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (411.571 + 519.219) / 2 = ₹465.395 Mil.
Total Assets at the begining of last year (Mar23) was ₹411.6 Mil.
Long-Term Debt & Capital Lease Obligation was ₹38.1 Mil.
Total Current Assets was ₹326.8 Mil.
Total Current Liabilities was ₹66.0 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.

Prolife Industries's current Net Income (TTM) was 46.8. ==> 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.

Prolife Industries's current Cash Flow from Operations (TTM) was 3.3. ==> 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)
=46.784/519.219
=0.09010456

ROA (Last Year)=Net Income/Total Assets (Mar23)
=87.599/411.571
=0.21284055

Prolife Industries's return on assets of this year was 0.09010456. Prolife Industries's return on assets of last year was 0.21284055. ==> 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.

Prolife Industries's current Net Income (TTM) was 46.8. Prolife Industries's current Cash Flow from Operations (TTM) was 3.3. ==> 3.3 <= 46.8 ==> 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
=25.834/526.236
=0.04909204

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=38.119/465.395
=0.08190677

Prolife Industries's gearing of this year was 0.04909204. Prolife Industries's gearing of last year was 0.08190677. ==> 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
=327.444/46.836
=6.99128875

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=326.835/65.994
=4.95249568

Prolife Industries's current ratio of this year was 6.99128875. Prolife Industries's current ratio of last year was 4.95249568. ==> 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.

Prolife Industries's number of shares in issue this year was 4.094. Prolife Industries's number of shares in issue last year was 4.094. ==> 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
=195.55/554.699
=0.35253354

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=247.834/568.243
=0.43614088

Prolife Industries's gross margin of this year was 0.35253354. Prolife Industries's gross margin of last year was 0.43614088. ==> 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 (Mar24)
=554.699/519.219
=1.0683334

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=568.243/411.571
=1.38066822

Prolife Industries's asset turnover of this year was 1.0683334. Prolife Industries's asset turnover of last year was 1.38066822. ==> 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+0+0
=5

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

Prolife Industries has an F-score of 5 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 5 mean?
Prolife Industries (NSE:PROLIFE) has a Piotroski F-Score of 5 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Prolife Industries and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Prolife Industries' Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Prolife Industries ranks #697 out of 1567 companies in the Chemicals industry, placing it in the top 44.5%.
Is Prolife Industries' Piotroski F-Score too high?
Prolife Industries' current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Chemicals industry median Piotroski F-Score is 5.00. Prolife Industries' value of 5 is 0% at this industry median. Based on the distribution chart, Prolife Industries ranks #697 out of 1567 companies in the Chemicals industry, which is above the industry midpoint. Overall, Prolife Industries has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Prolife Industries' Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Prolife Industries ranks #697 out of 1567 companies for Piotroski F-Score. This puts Prolife Industries in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Prolife Industries' value of 5 is 0% at this benchmark. Historically, Prolife Industries' own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Prolife Industries has consistently been at 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,567 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. Prolife Industries's current Piotroski F-Score of 5 is 0% at 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 Prolife Industries and its competitors. For the Chemicals 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. Prolife Industries's current Piotroski F-Score is 5, which is 17% below 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 Prolife Industries stock overvalued right now?
Based on GuruFocus' analysis, Prolife Industries (NSE:PROLIFE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹167.09, compared to a current price of ₹75.80 — trading 54.6% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 0% at the Chemicals industry median of 5.00. Prolife Industries' overall GF Score™ is 61/100 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 Prolife Industries (NSE:PROLIFE), the current Piotroski F-Score is 5 as of Jun. 27, 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 Prolife Industries (NSE:PROLIFE) Overvalued in 2026?

Based on GuruFocus' analysis, Prolife Industries stock appears to be undervalued. The current stock price of ₹75.80 is trading 54.6% below its estimated GF Value™ of ₹167.09. GuruFocus considers Prolife Industries to be Possible Value Trap.

Key valuation signals for NSE:PROLIFE:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: ₹167.09 vs. price of ₹75.80 (54.6% below fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 0% at the Chemicals median (#697 of 1567)

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


Prolife Industries Business Description

Address Plot No. 213, GIDC, Panoli Industrial Estate, District Bharuch, Ankleshwar, GJ, IND, 394116
Prolife Industries Ltd is engaged in the business of manufacturing of intermediates for dyes, pigments, pharmaceuticals, agrochemicals, and others. Its products include Dihydro Thio Para Toluidine Sulfonic Acid, Amino Methyl Phenoxy Sulfonic Acid, and others. The company derives revenue from both domestic and overseas markets, which are considered different geographical segments.
61GF Score

Get the complete analysis for NSE:PROLIFE

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

₹75.80
Price
₹167.09
GF Value