Rajgor Castor Derivatives (NSE:RCDL) Piotroski F-Score: 4 (As of Jun. 27, 2026) — 33% Below Median


NSE:RCDL Rajgor Castor Derivatives Ltd NSE:RCDL
42 GF Score
Price ₹27.00
! 4 Warning Signs
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What is Rajgor Castor Derivatives Piotroski F-Score?

Rajgor Castor Derivatives NSE:RCDL +2.08% 42 Piotroski F-Score is 4 as of Jun. 27, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates NSE:RCDL with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Rajgor Castor Derivatives ranks worse than 66.93% 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

Rajgor Castor Derivatives 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 Rajgor Castor Derivatives's Piotroski F-Score or its related term are showing as below:

NSE:RCDL' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 9
Current: 4

During the past 7 years, the highest Piotroski F-Score of Rajgor Castor Derivatives was 9. The lowest was 4. And the median was 6.

Rajgor Castor Derivatives  (NSE:RCDL) 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.


Rajgor Castor Derivatives Piotroski F-Score Related Terms


Rajgor Castor Derivatives Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Rajgor Castor Derivatives'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.

Rajgor Castor Derivatives Piotroski F-Score Chart

Rajgor Castor Derivatives Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
Get a 7-Day Free Trial 9.00 7.00 5.00 6.00 4.00

Rajgor Castor Derivatives Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 0.00 6.00 0.00 4.00

NSE:RCDL vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Rajgor Castor Derivatives'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.


Rajgor Castor Derivatives Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rajgor Castor Derivatives's Piotroski F-Score distribution charts can be found below:

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


NSE:RCDL
42GF Score
Rajgor Castor Derivatives Ltd NSE:RCDL
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 ₹126 Mil.
Cash Flow from Operations was ₹-144 Mil.
Revenue was ₹8,722 Mil.
Gross Profit was ₹337 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (1551.791 + 2772.306) / 2 = ₹2162.0485 Mil.
Total Assets at the begining of this year (Mar25) was ₹1,552 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Total Current Assets was ₹2,552 Mil.
Total Current Liabilities was ₹1,804 Mil.
Net Income was ₹90 Mil.

Revenue was ₹6,254 Mil.
Gross Profit was ₹294 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (1878.171 + 1551.791) / 2 = ₹1714.981 Mil.
Total Assets at the begining of last year (Mar24) was ₹1,878 Mil.
Long-Term Debt & Capital Lease Obligation was ₹5 Mil.
Total Current Assets was ₹1,327 Mil.
Total Current Liabilities was ₹700 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.

Rajgor Castor Derivatives's current Net Income (TTM) was 126. ==> 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.

Rajgor Castor Derivatives's current Cash Flow from Operations (TTM) was -144. ==> 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)
=126.262/1551.791
=0.08136534

ROA (Last Year)=Net Income/Total Assets (Mar24)
=90.075/1878.171
=0.04795889

Rajgor Castor Derivatives's return on assets of this year was 0.08136534. Rajgor Castor Derivatives's return on assets of last year was 0.04795889. ==> 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.

Rajgor Castor Derivatives's current Net Income (TTM) was 126. Rajgor Castor Derivatives's current Cash Flow from Operations (TTM) was -144. ==> -144 <= 126 ==> 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
=0/2162.0485
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=5.445/1714.981
=0.00317496

Rajgor Castor Derivatives's gearing of this year was 0. Rajgor Castor Derivatives's gearing of last year was 0.00317496. ==> 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
=2551.778/1803.589
=1.41483342

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1326.508/700.243
=1.89435382

Rajgor Castor Derivatives's current ratio of this year was 1.41483342. Rajgor Castor Derivatives's current ratio of last year was 1.89435382. ==> 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.

Rajgor Castor Derivatives's number of shares in issue this year was 23.913. Rajgor Castor Derivatives's number of shares in issue last year was 23.893. ==> 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
=337.233/8722.017
=0.03866457

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=294.163/6254.004
=0.04703595

Rajgor Castor Derivatives's gross margin of this year was 0.03866457. Rajgor Castor Derivatives's gross margin of last year was 0.04703595. ==> 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 (Mar25)
=8722.017/1551.791
=5.62061321

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6254.004/1878.171
=3.32983738

Rajgor Castor Derivatives's asset turnover of this year was 5.62061321. Rajgor Castor Derivatives's asset turnover of last year was 3.32983738. ==> 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+0+1+0+1+0+0+0+1
=4

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

Rajgor Castor Derivatives 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?
Rajgor Castor Derivatives (NSE:RCDL) has a Piotroski F-Score of 4 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Rajgor Castor Derivatives and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Rajgor Castor Derivatives' Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Rajgor Castor Derivatives ranks #1279 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 66.9%.
Is Rajgor Castor Derivatives' Piotroski F-Score too high?
Rajgor Castor Derivatives' current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Rajgor Castor Derivatives' value of 4 is 20% below this industry median. Based on the distribution chart, Rajgor Castor Derivatives ranks #1279 out of 1911 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Rajgor Castor Derivatives has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Rajgor Castor Derivatives' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Rajgor Castor Derivatives ranks #1279 out of 1911 companies for Piotroski F-Score. This places Rajgor Castor Derivatives in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Rajgor Castor Derivatives' value of 4 is 20% below this benchmark. Historically, Rajgor Castor Derivatives' own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Rajgor Castor Derivatives 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. Rajgor Castor Derivatives'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 Rajgor Castor Derivatives 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. Rajgor Castor Derivatives's current Piotroski F-Score is 4, which is 33% 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 Rajgor Castor Derivatives stock overvalued right now?
Rajgor Castor Derivatives (NSE:RCDL) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 20% below the Consumer Packaged Goods industry median of 5.00. Rajgor Castor Derivatives' overall GF Score™ is 42/100 with 4 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 Rajgor Castor Derivatives (NSE:RCDL), the current Piotroski F-Score is 4 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.

Rajgor Castor Derivatives Business Description

Address Science City Road, 1118, Fortune Business Hub, Near Satyamev Elysium, Sola, Ahmedabad, GJ, IND, 380060
Rajgor Castor Derivatives Ltd manufactures Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake for the domestic market. The company segment includes: Accounting Policies, Inter-Segment Transfer, and Allocation of Common Costs. It is currently operating on a B2B business Model and offers its customers Castor Oil and its derivatives. It focuses on operations relating to quality control, inventory management, and business development.
42GF Score

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