RailTel of India (NSE:RAILTEL) Piotroski F-Score: 7 (As of Jul. 02, 2026) — Near Median


NSE:RAILTEL RailTel Corporation of India Ltd NSE:RAILTEL
99 GF Score
Price ₹316.90
GF Value ₹493.54
Valuation Significantly Undervalued
! 3 Warning Signs
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What is RailTel of India Piotroski F-Score?

RailTel of India NSE:RAILTEL +2.91% 99 Piotroski F-Score is 7 as of Jul. 02, 2026, which is at its 10-year median of 7.00. GuruFocus rates NSE:RAILTEL with a GF Score™ of 99/100 and a GF Value™ of ₹493.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 355 Telecommunication Services companies, RailTel of India ranks better than 88.45% 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

RailTel of India 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 RailTel of India's Piotroski F-Score or its related term are showing as below:

NSE:RAILTEL' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 7
Current: 7

During the past 11 years, the highest Piotroski F-Score of RailTel of India was 7. The lowest was 3. And the median was 7.

RailTel of India  (NSE:RAILTEL) 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.


RailTel of India Piotroski F-Score Related Terms


RailTel of India Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for RailTel of India'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.

RailTel of India Piotroski F-Score Chart

RailTel of India 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 7.00 6.00 6.00 7.00 7.00

RailTel of India Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 7.00 0.00 0.00 0.00

NSE:RAILTEL vs TMUS, VZ, T: Piotroski F-Score Comparison

For the Telecom Services subindustry, RailTel of India'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.


RailTel of India Piotroski F-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, RailTel of India's Piotroski F-Score distribution charts can be found below:

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


NSE:RAILTEL
99GF Score
RailTel Corporation of India Ltd NSE:RAILTEL
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 ₹2,998 Mil.
Cash Flow from Operations was ₹2,553 Mil.
Revenue was ₹34,659 Mil.
Gross Profit was ₹7,755 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (40495.8 + 51612.1) / 2 = ₹46053.95 Mil.
Total Assets at the begining of this year (Mar24) was ₹40,496 Mil.
Long-Term Debt & Capital Lease Obligation was ₹353 Mil.
Total Current Assets was ₹37,864 Mil.
Total Current Liabilities was ₹29,395 Mil.
Net Income was ₹2,462 Mil.

Revenue was ₹25,638 Mil.
Gross Profit was ₹7,052 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (33487.9 + 40495.8) / 2 = ₹36991.85 Mil.
Total Assets at the begining of last year (Mar23) was ₹33,488 Mil.
Long-Term Debt & Capital Lease Obligation was ₹354 Mil.
Total Current Assets was ₹25,242 Mil.
Total Current Liabilities was ₹20,939 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.

RailTel of India's current Net Income (TTM) was 2,998. ==> 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.

RailTel of India's current Cash Flow from Operations (TTM) was 2,553. ==> 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)
=2998.1/40495.8
=0.07403484

ROA (Last Year)=Net Income/Total Assets (Mar23)
=2462.1/33487.9
=0.07352208

RailTel of India's return on assets of this year was 0.07403484. RailTel of India's return on assets of last year was 0.07352208. ==> 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.

RailTel of India's current Net Income (TTM) was 2,998. RailTel of India's current Cash Flow from Operations (TTM) was 2,553. ==> 2,553 <= 2,998 ==> 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
=352.5/46053.95
=0.00765407

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=353.6/36991.85
=0.00955886

RailTel of India's gearing of this year was 0.00765407. RailTel of India's gearing of last year was 0.00955886. ==> 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
=37864.4/29395
=1.28812383

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=25241.6/20938.5
=1.20551138

RailTel of India's current ratio of this year was 1.28812383. RailTel of India's current ratio of last year was 1.20551138. ==> 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.

RailTel of India's number of shares in issue this year was 320.938. RailTel of India's number of shares in issue last year was 320.938. ==> 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
=7755/34659
=0.22375141

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=7051.8/25637.8
=0.2750548

RailTel of India's gross margin of this year was 0.22375141. RailTel of India's gross margin of last year was 0.2750548. ==> 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)
=34659/40495.8
=0.85586653

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=25637.8/33487.9
=0.76558399

RailTel of India's asset turnover of this year was 0.85586653. RailTel of India's asset turnover of last year was 0.76558399. ==> 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+0+1+1+1+0+1
=7

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

RailTel of India 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?
RailTel of India (NSE:RAILTEL) has a Piotroski F-Score of 7 as of Jul. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on RailTel of India and its competitors. This is near median its historical median of 7.00. Over the past decade, RailTel of India's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, RailTel of India ranks #41 out of 355 companies in the Telecommunication Services industry, placing it in the top 11.5%.
Is RailTel of India's Piotroski F-Score too high?
RailTel of India's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. RailTel of India's value of 7 is 16.7% above this industry median. Based on the distribution chart, RailTel of India ranks #41 out of 355 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, RailTel of India has a GF Score™ of 99/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RailTel of India's Piotroski F-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, RailTel of India ranks #41 out of 355 companies for Piotroski F-Score. This places RailTel of India in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. RailTel of India's value of 7 is 16.7% above this benchmark. Historically, RailTel of India's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 6.00, RailTel of India 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 Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 355 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. RailTel of India's current Piotroski F-Score of 7 is 16.7% 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 RailTel of India and its competitors. For the Telecommunication Services industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RailTel of India's current Piotroski F-Score is 7, which is near median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RailTel of India stock overvalued right now?
Based on GuruFocus' analysis, RailTel of India (NSE:RAILTEL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹493.54, compared to a current price of ₹316.90 — trading 35.8% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 16.7% above the Telecommunication Services industry median of 6.00. RailTel of India's overall GF Score™ is 99/100 with 3 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 RailTel of India (NSE:RAILTEL), the current Piotroski F-Score is 7 as of Jul. 02, 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 RailTel of India (NSE:RAILTEL) Overvalued in 2026?

Based on GuruFocus' analysis, RailTel of India stock appears to be undervalued. The current stock price of ₹316.90 is trading 35.8% below its estimated GF Value™ of ₹493.54. GuruFocus considers RailTel of India to be Significantly Undervalued.

Key valuation signals for NSE:RAILTEL:

  • Piotroski F-Score: 7 (near median its 10-year median of 7.00)
  • GF Value™: ₹493.54 vs. price of ₹316.90 (35.8% below fair value)
  • GF Score™: 99/100 with 3 warning signs
  • Industry Position: 16.7% above the Telecommunication Services median (#41 of 355)

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


RailTel of India Business Description

Other Exchanges 543265:India
Address Tower-2, East Kidwai Nagar, Plate - A, 6th Floor, Office Block, South Delhi, New Delhi, IND, 110023
RailTel Corporation of India Ltd is a neutral telecom infrastructure provider in the country. It owns a pan-India optic fiber network on an exclusive Right of Way along the Railway track. The company's operating segment includes Telecom Services and Project Work services. It generates maximum revenue from the Telecom Services segment. The telecom services segment of the company provides services such as Managed Data Services; Leased Lines; Virtual Private Networks; Internet Leased Lines; Data Centre; Tower collocation, Rack and space, and NLD for voice carriage, and the project work services involve the following projects; National Optical Fiber Networks, Telecom and IT services related projects, and Enterprise specific IT & ITES Projects.
99GF Score

Get the complete analysis for NSE:RAILTEL

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

₹316.90
Price
₹493.54
GF Value