Striders Impex (NSE:STRIDERS) Piotroski F-Score: 5 (As of Jul. 29, 2026) — 17% Below Median

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NSE:STRIDERS Striders Impex Ltd NSE:STRIDERS
20 GF Score
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! 3 Warning Signs
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What is Striders Impex Piotroski F-Score?

Striders Impex NSE:STRIDERS +3.85% 20 Piotroski F-Score is 5 as of Jul. 29, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates NSE:STRIDERS with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Striders Impex ranks worse than 51.18% 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

Striders Impex has an F-score of 5 indicating the company's financial situation is typical for a stable company.

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

NSE:STRIDERS' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 5

During the past 4 years, the highest Piotroski F-Score of Striders Impex was 7. The lowest was 5. And the median was 6.

Striders Impex  (NSE:STRIDERS) 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.


Striders Impex Piotroski F-Score Related Terms


Striders Impex Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Striders Impex'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.

Striders Impex Piotroski F-Score Chart

Striders Impex Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Piotroski F-Score
N/A N/A 7.00 5.00

Striders Impex Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Piotroski F-Score N/A N/A 7.00 5.00

NSE:STRIDERS vs CASY, WSM, ULTA: Piotroski F-Score Comparison

For the Specialty Retail subindustry, Striders Impex'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.


Striders Impex Piotroski F-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Striders Impex's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Striders Impex's Piotroski F-Score falls into.


NSE:STRIDERS
20GF Score
Striders Impex Ltd NSE:STRIDERS
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was ₹56.1 Mil.
Cash Flow from Operations was ₹-113.9 Mil.
Revenue was ₹752.0 Mil.
Gross Profit was ₹234.3 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was (507.3 + 920.474) / 2 = ₹713.887 Mil.
Total Assets at the begining of this year (Mar25) was ₹507.3 Mil.
Long-Term Debt & Capital Lease Obligation was ₹5.6 Mil.
Total Current Assets was ₹838.7 Mil.
Total Current Liabilities was ₹376.3 Mil.
Net Income was ₹84.1 Mil.

Revenue was ₹618.7 Mil.
Gross Profit was ₹177.9 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was (294.483 + 507.3) / 2 = ₹400.8915 Mil.
Total Assets at the begining of last year (Mar24) was ₹294.5 Mil.
Long-Term Debt & Capital Lease Obligation was ₹6.1 Mil.
Total Current Assets was ₹438.6 Mil.
Total Current Liabilities was ₹350.2 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.

Striders Impex's current Net Income (TTM) was 56.1. ==> 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.

Striders Impex's current Cash Flow from Operations (TTM) was -113.9. ==> 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)
=56.095/507.3
=0.1105756

ROA (Last Year)=Net Income/Total Assets (Mar24)
=84.074/294.483
=0.28549696

Striders Impex's return on assets of this year was 0.1105756. Striders Impex's return on assets of last year was 0.28549696. ==> 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.

Striders Impex's current Net Income (TTM) was 56.1. Striders Impex's current Cash Flow from Operations (TTM) was -113.9. ==> -113.9 <= 56.1 ==> 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
=5.599/713.887
=0.00784298

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=6.149/400.8915
=0.01533831

Striders Impex's gearing of this year was 0.00784298. Striders Impex's gearing of last year was 0.01533831. ==> 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
=838.698/376.324
=2.22865935

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=438.57/350.194
=1.25236298

Striders Impex's current ratio of this year was 2.22865935. Striders Impex's current ratio of last year was 1.25236298. ==> 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.

Striders Impex's number of shares in issue this year was 14.166. Striders Impex's number of shares in issue last year was 18.617. ==> 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
=234.254/751.969
=0.31152082

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=177.882/618.651
=0.28753207

Striders Impex's gross margin of this year was 0.31152082. Striders Impex's gross margin of last year was 0.28753207. ==> 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)
=751.969/507.3
=1.48229647

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=618.651/294.483
=2.10080378

Striders Impex's asset turnover of this year was 1.48229647. Striders Impex's asset turnover of last year was 2.10080378. ==> 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+1+1+1+0
=5

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

Striders Impex has an F-score of 5 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 5 mean?
Striders Impex (NSE:STRIDERS) has a Piotroski F-Score of 5 as of Jul. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Striders Impex and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Striders Impex's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Striders Impex ranks #562 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 51.2%.
Is Striders Impex's Piotroski F-Score too high?
Striders Impex's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 7.00. The Retail - Cyclical industry median Piotroski F-Score is 6.00. Striders Impex's value of 5 is 16.7% below this industry median. Based on the distribution chart, Striders Impex ranks #562 out of 1098 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Striders Impex has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Striders Impex's Piotroski F-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Striders Impex ranks #562 out of 1098 companies for Piotroski F-Score. This places Striders Impex in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Striders Impex's value of 5 is 16.7% below this benchmark. Historically, Striders Impex's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Striders Impex 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 Retail - Cyclical company?
The median Piotroski F-Score among Retail - Cyclical companies is 6.00, based on 1,098 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. Striders Impex's current Piotroski F-Score of 5 is 16.7% 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 Striders Impex and its competitors. For the Retail - Cyclical industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Striders Impex's current Piotroski F-Score is 5, which is 17% 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 Striders Impex stock overvalued right now?
Striders Impex (NSE:STRIDERS) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 16.7% below the Retail - Cyclical industry median of 6.00. Striders Impex's overall GF Score™ is 20/100 with 3 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 Striders Impex (NSE:STRIDERS), the current Piotroski F-Score is 5 as of Jul. 29, 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.

Striders Impex Business Description

Address Sikova Industrial Marg, LBS Marg, 14th Floor, Office No. 1406 & 1407 Ajmera Sikova, Opposite Damodar Park, Near Ashok Mill, Ghatkopar West, Mumbai, MH, IND, 400086
Striders Impex Ltd is engaged in the business of licensing, own brand development, and distribution of toys and kids' consumer merchandise. The company offers solutions from product design and development to sourcing, manufacturing and distribution, catering to retail formats across India and select international markets. Its portfolio includes both licensed merchandise and proprietary brands in segments such as novelties, plush and interactive plush, stationery, activity sets, children's accessories, school bags, water bottles, and lunch boxes. The majority of the company's revenue is derived from the sale of its products in India.
20GF Score

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

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