Rajshree Sugars & Chemicals (NSE:RAJSREESUG) Piotroski F-Score: 3 (As of Jun. 27, 2026) — 50% Below Median


NSE:RAJSREESUG Rajshree Sugars & Chemicals Ltd NSE:RAJSREESUG
67 GF Score
Price ₹31.90
GF Value ₹38.54
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Rajshree Sugars & Chemicals Piotroski F-Score?

Rajshree Sugars & Chemicals NSE:RAJSREESUG -3.33% 67 Piotroski F-Score is 3 as of Jun. 27, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates NSE:RAJSREESUG with a GF Score™ of 67/100 and a GF Value™ of ₹38.54 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Rajshree Sugars & Chemicals ranks worse than 84.82% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Rajshree Sugars & Chemicals has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

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

NSE:RAJSREESUG' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 3

During the past 13 years, the highest Piotroski F-Score of Rajshree Sugars & Chemicals was 8. The lowest was 3. And the median was 6.

Rajshree Sugars & Chemicals  (NSE:RAJSREESUG) 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.


Rajshree Sugars & Chemicals Piotroski F-Score Related Terms


Rajshree Sugars & Chemicals Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Rajshree Sugars & Chemicals'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.

Rajshree Sugars & Chemicals Piotroski F-Score Chart

Rajshree Sugars & Chemicals 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 8.00 5.00 8.00 6.00 3.00

Rajshree Sugars & Chemicals 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 3.00

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

For the Confectioners subindustry, Rajshree Sugars & Chemicals'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.


Rajshree Sugars & Chemicals Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rajshree Sugars & Chemicals's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Rajshree Sugars & Chemicals's Piotroski F-Score falls into.


NSE:RAJSREESUG
67GF Score
Rajshree Sugars & Chemicals Ltd NSE:RAJSREESUG
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 ₹11 Mil.
Cash Flow from Operations was ₹-199 Mil.
Revenue was ₹5,447 Mil.
Gross Profit was ₹1,680 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (6866.269 + 7056.339) / 2 = ₹6961.304 Mil.
Total Assets at the begining of this year (Mar25) was ₹6,866 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2,406 Mil.
Total Current Assets was ₹2,054 Mil.
Total Current Liabilities was ₹1,990 Mil.
Net Income was ₹81 Mil.

Revenue was ₹6,418 Mil.
Gross Profit was ₹1,704 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (8056.677 + 6866.269) / 2 = ₹7461.473 Mil.
Total Assets at the begining of last year (Mar24) was ₹8,057 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2,723 Mil.
Total Current Assets was ₹1,566 Mil.
Total Current Liabilities was ₹1,499 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.

Rajshree Sugars & Chemicals's current Net Income (TTM) was 11. ==> 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.

Rajshree Sugars & Chemicals's current Cash Flow from Operations (TTM) was -199. ==> Negative ==> Score 0.

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)
=11.359/6866.269
=0.00165432

ROA (Last Year)=Net Income/Total Assets (Mar24)
=80.91/8056.677
=0.0100426

Rajshree Sugars & Chemicals's return on assets of this year was 0.00165432. Rajshree Sugars & Chemicals's return on assets of last year was 0.0100426. ==> 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.

Rajshree Sugars & Chemicals's current Net Income (TTM) was 11. Rajshree Sugars & Chemicals's current Cash Flow from Operations (TTM) was -199. ==> -199 <= 11 ==> 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
=2405.726/6961.304
=0.34558554

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=2722.592/7461.473
=0.36488667

Rajshree Sugars & Chemicals's gearing of this year was 0.34558554. Rajshree Sugars & Chemicals's gearing of last year was 0.36488667. ==> 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
=2054.323/1990.178
=1.03223079

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1565.873/1498.67
=1.04484176

Rajshree Sugars & Chemicals's current ratio of this year was 1.03223079. Rajshree Sugars & Chemicals's current ratio of last year was 1.04484176. ==> 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.

Rajshree Sugars & Chemicals's number of shares in issue this year was 33.409. Rajshree Sugars & Chemicals's number of shares in issue last year was 33.16. ==> 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
=1680.103/5446.774
=0.30845836

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1704.478/6418.168
=0.2655708

Rajshree Sugars & Chemicals's gross margin of this year was 0.30845836. Rajshree Sugars & Chemicals's gross margin of last year was 0.2655708. ==> 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)
=5446.774/6866.269
=0.79326545

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6418.168/8056.677
=0.7966272

Rajshree Sugars & Chemicals's asset turnover of this year was 0.79326545. Rajshree Sugars & Chemicals's asset turnover of last year was 0.7966272. ==> 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+0+0+0+1+0+0+1+0
=3

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

Rajshree Sugars & Chemicals has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Rajshree Sugars & Chemicals (NSE:RAJSREESUG) has a Piotroski F-Score of 3 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rajshree Sugars & Chemicals and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Rajshree Sugars & Chemicals' Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Rajshree Sugars & Chemicals ranks #1621 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 84.8%.
Is Rajshree Sugars & Chemicals' Piotroski F-Score too high?
Rajshree Sugars & Chemicals' current Piotroski F-Score of 3 is 50% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Rajshree Sugars & Chemicals' value of 3 is 40% below this industry median. Based on the distribution chart, Rajshree Sugars & Chemicals ranks #1621 out of 1911 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Rajshree Sugars & Chemicals has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rajshree Sugars & Chemicals' Piotroski F-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Rajshree Sugars & Chemicals ranks #1621 out of 1911 companies for Piotroski F-Score. This places Rajshree Sugars & Chemicals in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Rajshree Sugars & Chemicals' value of 3 is 40% below this benchmark. Historically, Rajshree Sugars & Chemicals' own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Rajshree Sugars & Chemicals 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,911 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. Rajshree Sugars & Chemicals's current Piotroski F-Score of 3 is 40% 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 Rajshree Sugars & Chemicals 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. Rajshree Sugars & Chemicals's current Piotroski F-Score is 3, which is 50% 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 Rajshree Sugars & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Rajshree Sugars & Chemicals (NSE:RAJSREESUG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹38.54, compared to a current price of ₹31.90 — trading 17.2% below its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 40% below the Consumer Packaged Goods industry median of 5.00. Rajshree Sugars & Chemicals' overall GF Score™ is 67/100 with 6 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 Rajshree Sugars & Chemicals (NSE:RAJSREESUG), the current Piotroski F-Score is 3 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 Rajshree Sugars & Chemicals (NSE:RAJSREESUG) Overvalued in 2026?

Based on GuruFocus' analysis, Rajshree Sugars & Chemicals stock appears to be undervalued. The current stock price of ₹31.90 is trading 17.2% below its estimated GF Value™ of ₹38.54. GuruFocus considers Rajshree Sugars & Chemicals to be Modestly Undervalued.

Key valuation signals for NSE:RAJSREESUG:

  • Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
  • GF Value™: ₹38.54 vs. price of ₹31.90 (17.2% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 40% below the Consumer Packaged Goods median (#1621 of 1911)

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


Rajshree Sugars & Chemicals Business Description

Other Exchanges 500354:India
Address Avanashi Road, 338/8, The Uffizi, Peelamedu, Coimbatore, TN, IND, 641004
Rajshree Sugars & Chemicals Ltd is engaged in the business of white crystal sugar, cogeneration of power, and industrial alcohol. The company's segments include Sugar, Cogeneration, and Distillery. The Sugar segment consists of white crystal sugar, Demerara sugar, White sugar sachets, and Demerara sugar sachets. The Cogeneration segment includes the cogeneration of electricity. Its Distillery segment is involved in the manufacturing of rectified spirit, anhydrous alcohol, and extra-neutral alcohol. The by-products, such as molasses and bagasse, are used by industries such as distilleries and power plants for producing alcohol and power. The majority of the company's revenue is generated from the Sugar segment. It operates within India.
67GF Score

Get the complete analysis for NSE:RAJSREESUG

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

₹31.90
Price
₹38.54
GF Value