Sawaliya Food Products (NSE:SAWALIYA) Piotroski F-Score: 6 (As of Jul. 03, 2026) — Near Median


NSE:SAWALIYA Sawaliya Food Products Ltd NSE:SAWALIYA
16 GF Score
Price ₹305.00
! 8 Warning Signs
View Full Analysis

What is Sawaliya Food Products Piotroski F-Score?

Sawaliya Food Products NSE:SAWALIYA +0.86% 16 Piotroski F-Score is 6 as of Jul. 03, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:SAWALIYA with a GF Score™ of 16/100. The stock has 8 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Sawaliya Food Products ranks better than 73.34% 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

Sawaliya Food Products has an F-score of 6 indicating the company's financial situation is typical for a stable company.

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

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

During the past 3 years, the highest Piotroski F-Score of Sawaliya Food Products was 6. The lowest was 6. And the median was 6.

Sawaliya Food Products  (NSE:SAWALIYA) 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.


Sawaliya Food Products Piotroski F-Score Related Terms


Sawaliya Food Products Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sawaliya Food Products'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.

Sawaliya Food Products Piotroski F-Score Chart

Sawaliya Food Products Annual Data
Trend Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 6.00

Sawaliya Food Products Semi-Annual Data
Mar23 Mar24 Mar25
Piotroski F-Score N/A N/A 6.00

NSE:SAWALIYA vs ADM, BG, TSN: Piotroski F-Score Comparison

For the Farm Products subindustry, Sawaliya Food Products'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.


Sawaliya Food Products Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sawaliya Food Products's Piotroski F-Score distribution charts can be found below:

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


NSE:SAWALIYA
16GF Score
Sawaliya Food Products Ltd NSE:SAWALIYA
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 ₹69.5 Mil.
Cash Flow from Operations was ₹-43.1 Mil.
Revenue was ₹341.8 Mil.
Gross Profit was ₹161.6 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (254.018 + 462.593) / 2 = ₹358.3055 Mil.
Total Assets at the begining of this year (Mar24) was ₹254.0 Mil.
Long-Term Debt & Capital Lease Obligation was ₹116.8 Mil.
Total Current Assets was ₹370.2 Mil.
Total Current Liabilities was ₹216.4 Mil.
Net Income was ₹31.2 Mil.

Revenue was ₹234.0 Mil.
Gross Profit was ₹99.1 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (200.368 + 254.018) / 2 = ₹227.193 Mil.
Total Assets at the begining of last year (Mar23) was ₹200.4 Mil.
Long-Term Debt & Capital Lease Obligation was ₹61.7 Mil.
Total Current Assets was ₹182.6 Mil.
Total Current Liabilities was ₹133.5 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.

Sawaliya Food Products's current Net Income (TTM) was 69.5. ==> 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.

Sawaliya Food Products's current Cash Flow from Operations (TTM) was -43.1. ==> 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 (Mar24)
=69.457/254.018
=0.27343338

ROA (Last Year)=Net Income/Total Assets (Mar23)
=31.196/200.368
=0.15569352

Sawaliya Food Products's return on assets of this year was 0.27343338. Sawaliya Food Products's return on assets of last year was 0.15569352. ==> 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.

Sawaliya Food Products's current Net Income (TTM) was 69.5. Sawaliya Food Products's current Cash Flow from Operations (TTM) was -43.1. ==> -43.1 <= 69.5 ==> 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
=116.789/358.3055
=0.32594811

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=61.682/227.193
=0.27149604

Sawaliya Food Products's gearing of this year was 0.32594811. Sawaliya Food Products's gearing of last year was 0.27149604. ==> Last year is lower than this year ==> Score 0.

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
=370.222/216.393
=1.71087789

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=182.624/133.529
=1.36767294

Sawaliya Food Products's current ratio of this year was 1.71087789. Sawaliya Food Products's current ratio of last year was 1.36767294. ==> 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.

Sawaliya Food Products's number of shares in issue this year was 9.918. Sawaliya Food Products's number of shares in issue last year was 9.918. ==> 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
=161.56/341.842
=0.472616

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=99.093/233.978
=0.42351418

Sawaliya Food Products's gross margin of this year was 0.472616. Sawaliya Food Products's gross margin of last year was 0.42351418. ==> 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 (Mar24)
=341.842/254.018
=1.34573928

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=233.978/200.368
=1.16774136

Sawaliya Food Products's asset turnover of this year was 1.34573928. Sawaliya Food Products's asset turnover of last year was 1.16774136. ==> 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+0+1+1+1+1
=6

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

Sawaliya Food Products has an F-score of 6 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 6 mean?
Sawaliya Food Products (NSE:SAWALIYA) has a Piotroski F-Score of 6 as of Jul. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sawaliya Food Products and its competitors. This is near median its historical median of 6.00. Over the past decade, Sawaliya Food Products' Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Sawaliya Food Products ranks #509 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is Sawaliya Food Products' Piotroski F-Score too high?
Sawaliya Food Products' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 6.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Sawaliya Food Products' value of 6 is 20% above this industry median. Based on the distribution chart, Sawaliya Food Products ranks #509 out of 1909 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sawaliya Food Products has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Sawaliya Food Products' Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Sawaliya Food Products ranks #509 out of 1909 companies for Piotroski F-Score. This puts Sawaliya Food Products in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Sawaliya Food Products' value of 6 is 20% above this benchmark. Historically, Sawaliya Food Products' own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sawaliya Food Products 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 Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. Sawaliya Food Products's current Piotroski F-Score of 6 is 20% 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 Sawaliya Food Products 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. Sawaliya Food Products's current Piotroski F-Score is 6, which is near 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 Sawaliya Food Products stock overvalued right now?
Sawaliya Food Products (NSE:SAWALIYA) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Consumer Packaged Goods industry median of 5.00. Sawaliya Food Products' overall GF Score™ is 16/100 with 8 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 Sawaliya Food Products (NSE:SAWALIYA), the current Piotroski F-Score is 6 as of Jul. 03, 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.

Sawaliya Food Products Business Description

Address Survey No. 9/2/1/2 Gavla, Tehsil Pithampur, Dhar, MP, IND, 454 775
Sawaliya Food Products Ltd is a manufacturer and processer of dehydrated vegetables, serving institutional manufacturers engaged in branded packaged food industries, traders and international importers of dehydrated products. Its main products include dehydrated carrot, dehydrated cabbage, dehydrated Garlic, dehydrated onions, and dehydrated ring beans / beans. The company operates in India and Outside India as well, of which it derives maximum revenue from India.
16GF Score

Get the complete analysis for NSE:SAWALIYA

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

₹305.00
Price