Sheetal Cool Products (NSE:SCPL) Piotroski F-Score: 7 (As of Jun. 26, 2026) — 17% Above Median


NSE:SCPL Sheetal Cool Products Ltd NSE:SCPL
73 GF Score
Price ₹480.65
GF Value ₹389.42
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Sheetal Cool Products Piotroski F-Score?

Sheetal Cool Products NSE:SCPL +0.06% 73 Piotroski F-Score is 7 as of Jun. 26, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates NSE:SCPL with a GF Score™ of 73/100 and a GF Value™ of ₹389.42 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,911 Consumer Packaged Goods companies, Sheetal Cool Products ranks better than 88.59% 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

Sheetal Cool Products 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 Sheetal Cool Products's Piotroski F-Score or its related term are showing as below:

NSE:SCPL' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Sheetal Cool Products was 7. The lowest was 4. And the median was 6.

Sheetal Cool Products  (NSE:SCPL) 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.


Sheetal Cool Products Piotroski F-Score Related Terms


Sheetal Cool Products Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Sheetal Cool 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.

Sheetal Cool Products Piotroski F-Score Chart

Sheetal Cool Products 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 6.00 7.00 6.00 7.00 7.00

Sheetal Cool Products Quarterly Data
Sep20 Mar21 Sep21 Dec21 Mar22 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 7.00 0.00 0.00 0.00 7.00

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

For the Packaged Foods subindustry, Sheetal Cool 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.


Sheetal Cool Products Piotroski F-Score vs Consumer Packaged Goods Industry

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

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


NSE:SCPL
73GF Score
Sheetal Cool Products Ltd NSE:SCPL
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 ₹191 Mil.
Cash Flow from Operations was ₹343 Mil.
Revenue was ₹3,660 Mil.
Gross Profit was ₹1,101 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (2509.603 + 2645.683) / 2 = ₹2577.643 Mil.
Total Assets at the begining of this year (Mar25) was ₹2,510 Mil.
Long-Term Debt & Capital Lease Obligation was ₹115 Mil.
Total Current Assets was ₹2,110 Mil.
Total Current Liabilities was ₹796 Mil.
Net Income was ₹166 Mil.

Revenue was ₹3,213 Mil.
Gross Profit was ₹1,057 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (2347.514 + 2509.603) / 2 = ₹2428.5585 Mil.
Total Assets at the begining of last year (Mar24) was ₹2,348 Mil.
Long-Term Debt & Capital Lease Obligation was ₹60 Mil.
Total Current Assets was ₹2,048 Mil.
Total Current Liabilities was ₹1,041 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.

Sheetal Cool Products's current Net Income (TTM) was 191. ==> 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.

Sheetal Cool Products's current Cash Flow from Operations (TTM) was 343. ==> 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 (Mar25)
=191.183/2509.603
=0.07618058

ROA (Last Year)=Net Income/Total Assets (Mar24)
=165.688/2347.514
=0.0705802

Sheetal Cool Products's return on assets of this year was 0.07618058. Sheetal Cool Products's return on assets of last year was 0.0705802. ==> 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.

Sheetal Cool Products's current Net Income (TTM) was 191. Sheetal Cool Products's current Cash Flow from Operations (TTM) was 343. ==> 343 > 191 ==> CFROA > ROA ==> Score 1.

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
=115.131/2577.643
=0.04466522

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=60.167/2428.5585
=0.02477478

Sheetal Cool Products's gearing of this year was 0.04466522. Sheetal Cool Products's gearing of last year was 0.02477478. ==> 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: Mar26)=Total Current Assets/Total Current Liabilities
=2109.749/795.911
=2.65073482

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=2047.571/1041.157
=1.96663039

Sheetal Cool Products's current ratio of this year was 2.65073482. Sheetal Cool Products's current ratio of last year was 1.96663039. ==> 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.

Sheetal Cool Products's number of shares in issue this year was 10.499. Sheetal Cool Products's number of shares in issue last year was 10.5. ==> 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
=1100.507/3660.004
=0.30068464

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1056.52/3213.058
=0.32882071

Sheetal Cool Products's gross margin of this year was 0.30068464. Sheetal Cool Products's gross margin of last year was 0.32882071. ==> 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)
=3660.004/2509.603
=1.4583996

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=3213.058/2347.514
=1.36870664

Sheetal Cool Products's asset turnover of this year was 1.4583996. Sheetal Cool Products's asset turnover of last year was 1.36870664. ==> 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+1+0+1+1+0+1
=7

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

Sheetal Cool Products 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?
Sheetal Cool Products (NSE:SCPL) has a Piotroski F-Score of 7 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Sheetal Cool Products and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Sheetal Cool Products' Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Sheetal Cool Products ranks #218 out of 1911 companies in the Consumer Packaged Goods industry, placing it in the top 11.4%.
Is Sheetal Cool Products' Piotroski F-Score too high?
Sheetal Cool Products' current Piotroski F-Score of 7 is 17% above 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 7.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Sheetal Cool Products' value of 7 is 40% above this industry median. Based on the distribution chart, Sheetal Cool Products ranks #218 out of 1911 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Sheetal Cool Products has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sheetal Cool Products' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sheetal Cool Products ranks #218 out of 1911 companies for Piotroski F-Score. This places Sheetal Cool Products in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sheetal Cool Products' value of 7 is 40% above this benchmark. Historically, Sheetal Cool Products' own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Sheetal Cool 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 1,911 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. Sheetal Cool Products's current Piotroski F-Score of 7 is 40% 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 Sheetal Cool 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. Sheetal Cool Products's current Piotroski F-Score is 7, which is 17% above 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 Sheetal Cool Products stock overvalued right now?
Based on GuruFocus' analysis, Sheetal Cool Products (NSE:SCPL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹389.42, compared to a current price of ₹480.65 — trading 23.4% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Consumer Packaged Goods industry median of 5.00. Sheetal Cool Products' overall GF Score™ is 73/100 with 5 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 Sheetal Cool Products (NSE:SCPL), the current Piotroski F-Score is 7 as of Jun. 26, 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 Sheetal Cool Products (NSE:SCPL) Overvalued in 2026?

Based on GuruFocus' analysis, Sheetal Cool Products stock appears to be overvalued. The current stock price of ₹480.65 is trading 23.4% above its estimated GF Value™ of ₹389.42. GuruFocus considers Sheetal Cool Products to be Modestly Overvalued.

Key valuation signals for NSE:SCPL:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: ₹389.42 vs. price of ₹480.65 (23.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 40% above the Consumer Packaged Goods median (#218 of 1911)

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


Sheetal Cool Products Business Description

Other Exchanges 540757:India
Address G.I.D.C. Estate, Plot No. 75 to 81, Amreli, GJ, IND, 365601
Sheetal Cool Products Ltd is a diversified food and beverage company in India. Its product portfolio comprises ice creams, wafers, milk, buttermilk, curd, bread, rusk, sweets, ready-to-eat products like parathas, naan, samosa, tikki, and assorted pizzas; and ready-to-cook products such as green peas, sweet corn, cut vegetables, etc., marketed through Sheetal and J'adore brands. Geographically, the company has its presence across various states in India, its key revenue-generating market, and has also expanded its footprint to international markets, such as the USA, Japan, Australia, Hong Kong, UAE (Dubai), Saudi Arabia, Bahrain, Kuwait, Qatar, Zambia, Congo, South Korea, Vietnam, Mauritius, and Bhutan, among others.
73GF Score

Get the complete analysis for NSE:SCPL

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

₹480.65
Price
₹389.42
GF Value