Shreeji Global FMCG (NSE:SHETHJI) Piotroski F-Score: 6 (As of Aug. 11, 2026) — Near Median

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NSE:SHETHJI Shreeji Global FMCG Ltd NSE:SHETHJI
14 GF Score
Price ₹167.45
! 6 Warning Signs
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What is Shreeji Global FMCG Piotroski F-Score?

Shreeji Global FMCG NSE:SHETHJI +2.67% 14 Piotroski F-Score is 6 as of Aug. 11, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:SHETHJI with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 1,907 Consumer Packaged Goods companies, Shreeji Global FMCG ranks better than 72.47% 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

Shreeji Global FMCG 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 Shreeji Global FMCG's Piotroski F-Score or its related term are showing as below:

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

During the past 4 years, the highest Piotroski F-Score of Shreeji Global FMCG was 6. The lowest was 6. And the median was 6.

Shreeji Global FMCG  (NSE:SHETHJI) 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.


Shreeji Global FMCG Piotroski F-Score Related Terms


Shreeji Global FMCG Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Shreeji Global FMCG'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.

Shreeji Global FMCG Piotroski F-Score Chart

Shreeji Global FMCG Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
N/A N/A 6.00 6.00

Shreeji Global FMCG Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Piotroski F-Score N/A N/A 6.00 6.00

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

For the Packaged Foods subindustry, Shreeji Global FMCG'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.


Shreeji Global FMCG Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shreeji Global FMCG's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Shreeji Global FMCG's Piotroski F-Score falls into.


NSE:SHETHJI
14GF Score
Shreeji Global FMCG Ltd NSE:SHETHJI
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 ₹122 Mil.
Cash Flow from Operations was ₹-2 Mil.
Revenue was ₹6,489 Mil.
Gross Profit was ₹261 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (1173.924 + 1170.587) / 2 = ₹1172.2555 Mil.
Total Assets at the begining of this year (Mar24) was ₹1,174 Mil.
Long-Term Debt & Capital Lease Obligation was ₹56 Mil.
Total Current Assets was ₹1,076 Mil.
Total Current Liabilities was ₹818 Mil.
Net Income was ₹55 Mil.

Revenue was ₹5,882 Mil.
Gross Profit was ₹174 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (599.802 + 1173.924) / 2 = ₹886.863 Mil.
Total Assets at the begining of last year (Mar23) was ₹600 Mil.
Long-Term Debt & Capital Lease Obligation was ₹62 Mil.
Total Current Assets was ₹1,087 Mil.
Total Current Liabilities was ₹937 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.

Shreeji Global FMCG's current Net Income (TTM) was 122. ==> 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.

Shreeji Global FMCG's current Cash Flow from Operations (TTM) was -2. ==> 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)
=121.513/1173.924
=0.10351011

ROA (Last Year)=Net Income/Total Assets (Mar23)
=54.726/599.802
=0.09124011

Shreeji Global FMCG's return on assets of this year was 0.10351011. Shreeji Global FMCG's return on assets of last year was 0.09124011. ==> 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.

Shreeji Global FMCG's current Net Income (TTM) was 122. Shreeji Global FMCG's current Cash Flow from Operations (TTM) was -2. ==> -2 <= 122 ==> 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
=56.08/1172.2555
=0.0478394

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=62.446/886.863
=0.07041223

Shreeji Global FMCG's gearing of this year was 0.0478394. Shreeji Global FMCG's gearing of last year was 0.07041223. ==> 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
=1075.85/818.33
=1.31468967

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=1086.967/937.103
=1.15992266

Shreeji Global FMCG's current ratio of this year was 1.31468967. Shreeji Global FMCG's current ratio of last year was 1.15992266. ==> 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.

Shreeji Global FMCG's number of shares in issue this year was 22.76. Shreeji Global FMCG's number of shares in issue last year was 22.76. ==> 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
=261.021/6489.215
=0.04022382

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=174.462/5882.256
=0.02965903

Shreeji Global FMCG's gross margin of this year was 0.04022382. Shreeji Global FMCG's gross margin of last year was 0.02965903. ==> 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)
=6489.215/1173.924
=5.52779822

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=5882.256/599.802
=9.80699631

Shreeji Global FMCG's asset turnover of this year was 5.52779822. Shreeji Global FMCG's asset turnover of last year was 9.80699631. ==> 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+1+0+1+1+1+1+0
=6

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

Shreeji Global FMCG 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?
Shreeji Global FMCG (NSE:SHETHJI) has a Piotroski F-Score of 6 as of Aug. 11, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Shreeji Global FMCG and its competitors. This is near median its historical median of 6.00. Over the past decade, Shreeji Global FMCG's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Shreeji Global FMCG ranks #525 out of 1907 companies in the Consumer Packaged Goods industry, placing it in the top 27.5%.
Is Shreeji Global FMCG's Piotroski F-Score too high?
Shreeji Global FMCG's 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. Shreeji Global FMCG's value of 6 is 20% above this industry median. Based on the distribution chart, Shreeji Global FMCG ranks #525 out of 1907 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shreeji Global FMCG has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Shreeji Global FMCG's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shreeji Global FMCG ranks #525 out of 1907 companies for Piotroski F-Score. This puts Shreeji Global FMCG in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Shreeji Global FMCG's value of 6 is 20% above this benchmark. Historically, Shreeji Global FMCG's 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, Shreeji Global FMCG 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 1,907 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. Shreeji Global FMCG'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 Shreeji Global FMCG 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. Shreeji Global FMCG'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 Shreeji Global FMCG stock overvalued right now?
Shreeji Global FMCG (NSE:SHETHJI) 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. Shreeji Global FMCG's overall GF Score™ is 14/100 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 Shreeji Global FMCG (NSE:SHETHJI), the current Piotroski F-Score is 6 as of Aug. 11, 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.

Shreeji Global FMCG Business Description

Address 150 Feet Ring Road Near Ayodhya Circle, The Spire, Office No. 1205, Rajkot, GJ, IND, 360006
Shreeji Global FMCG Ltd is engaged in the business of manufacturing and processing of a wide range of agro-based products including ground and whole spices, seeds, grains, pulses, and wheat flour (Atta). The products are marketed under the brand SHETHJI as well as under the white-label arrangements for third-party brands. The company's portfolio includes channa, cumin seeds (jeera), coriander seeds, sesame seeds, kalonji seeds, fennel seeds, various spice powders, and more. Its business model includes the procurement, processing, and consistent quality of these agricultural commodities. The company's business activity falls within a single operating segment, namely antacid bulk drug. It derives a substantial portion of revenue from the whole seeds segment.
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