Vadilal IndustriesNSE:VADILALIND -0.21%84 Piotroski F-Score is 6 as of Jun. 30, 2026, which is at its 10-year median of 6.00. GuruFocus rates NSE:VADILALIND with a GF Score™ of 84/100 and a GF Value™ of ₹5,337.23 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, Vadilal Industries ranks better than 73.28% 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
Vadilal Industries 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 Vadilal Industries's Piotroski F-Score or its related term are showing as below:
NSE:VADILALIND'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 6 Max: 8
Current: 6
During the past 13 years, the highest Piotroski F-Score of Vadilal Industries was 8. The lowest was 5. And the median was 6.
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.
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.
Vadilal Industries Piotroski F-Score Related Terms
Vadilal Industries Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Vadilal Industries'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.
NSE:VADILALIND vs KHC, GIS: Piotroski F-Score Comparison
For the Packaged Foods subindustry, Vadilal Industries'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.
Vadilal Industries Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Vadilal Industries's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Vadilal Industries's Piotroski F-Score falls into.
* 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.
*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.
Vadilal Industries's current Net Income (TTM) was 1,551.
==> 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.
Vadilal Industries's return on assets of this year was 0.14150685. Vadilal Industries's return on assets of last year was 0.16395821.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Vadilal Industries's gearing of this year was 0.14660313. Vadilal Industries's gearing of last year was 0.16634376.
==> 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
Vadilal Industries's current ratio of this year was 3.00108768. Vadilal Industries's current ratio of last year was 2.55500963.
==> 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.
Vadilal Industries's number of shares in issue this year was 7.188. Vadilal Industries's number of shares in issue last year was 7.188.
==> 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.
Vadilal Industries's gross margin of this year was 0.50080499. Vadilal Industries's gross margin of last year was 0.51217487.
==> 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
Vadilal Industries's asset turnover of this year was 1.37138478. Vadilal Industries's asset turnover of last year was 1.3526961.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Vadilal Industries has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Vadilal Industries (NSE:VADILALIND) has a Piotroski F-Score of 6 as of Jun. 30, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vadilal Industries and its competitors. This is near median its historical median of 6.00. Over the past decade, Vadilal Industries' Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Vadilal Industries ranks #510 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 26.7%.
Is Vadilal Industries' Piotroski F-Score too high?
Vadilal Industries' 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 5.00 to a high of 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Vadilal Industries' value of 6 is 20% above this industry median. Based on the distribution chart, Vadilal Industries ranks #510 out of 1909 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Vadilal Industries has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vadilal Industries' Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vadilal Industries ranks #510 out of 1909 companies for Piotroski F-Score. This puts Vadilal Industries in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Vadilal Industries' value of 6 is 20% above this benchmark. Historically, Vadilal Industries' own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Vadilal Industries 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. Vadilal Industries'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 Vadilal Industries 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. Vadilal Industries'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 Vadilal Industries stock overvalued right now?
Based on GuruFocus' analysis, Vadilal Industries (NSE:VADILALIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹5,337.23, compared to a current price of ₹6,363.40 — trading 19.2% above its estimated fair value. 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. Vadilal Industries' overall GF Score™ is 84/100 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 Vadilal Industries (NSE:VADILALIND), the current Piotroski F-Score is 6 as of Jun. 30, 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 Vadilal Industries (NSE:VADILALIND) Overvalued in 2026?
Based on GuruFocus' analysis, Vadilal Industries stock appears to be overvalued.
The current stock price of ₹6,363.40 is trading 19.2% above its estimated GF Value™ of ₹5,337.23.
GuruFocus considers Vadilal Industries to be Modestly Overvalued.
Key valuation signals for NSE:VADILALIND:
Piotroski F-Score: 6 (near median its 10-year median of 6.00)
GF Value™: ₹5,337.23 vs. price of ₹6,363.40 (19.2% above fair value)
Industry Position: 20% above the Consumer Packaged Goods median (#510 of 1909)
No single metric tells the full story. See the NSE:VADILALIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vadilal Industries Ltd is engaged in the business of manufacturing ice cream, flavored milk, frozen desserts, processed foods, and other dairy products. The company is also engaged in the export of ice cream, dairy products, processed food products such as frozen fruits, vegetables, pulp, ready-to-eat, and ready-to-serve products etc. It is exporting its products to various countries across the globe.
84GF Score
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