Tapi Fruit Processing (NSE:TAPIFRUIT) Mohanram G-Score: 4 (As of Mar. 2026) — 20% Below Median

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NSE:TAPIFRUIT Tapi Fruit Processing Ltd NSE:TAPIFRUIT
46 GF Score
Price ₹47.70
GF Value ₹141.10
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Tapi Fruit Processing Mohanram G-Score?

Tapi Fruit Processing NSE:TAPIFRUIT 46 Mohanram G-Score is 4 as of Mar. 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates NSE:TAPIFRUIT with a GF Score™ of 46/100 and a GF Value™ of ₹141.10 (Possible Value Trap). The stock has 7 warning signs investors should review.

Mohanram G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. Companies have higher G-score tends to generate higher return. According to his study, the best growth stocks that have a G-Score greater than 6 tend to beat the market, while those with a G-Score lower than 1 tend to have negative absolute returns.

Thus, the zones of discrimination were as such:

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Tapi Fruit Processing has an G-score of 4.

The historical rank and industry rank for Tapi Fruit Processing's Mohanram G-Score or its related term are showing as below:

NSE:TAPIFRUIT' s Mohanram G-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 6
Current: 4

During the past 7 years, the highest Piotroski G-score of Tapi Fruit Processing was 6. The lowest was 4. And the median was 5.

Tapi Fruit Processing  (NSE:TAPIFRUIT) Mohanram G-Score Explanation

Partha Mohanram is the John H. Watson Chair in Value Investing at Rotman and the Acting Vice-Dean of Research Strategy and Resources.

In 2000, he wrote a research paper called "Separating Winners from Losers Among Low Book-to-Market Stocks Using Financial Statement Analysis".

This paper tests whether a strategy based on financial statement analysis of low book-to-market (growth) stocks is successful in differentiating between winners and losers in terms of future stock performance. Based on the research, a strategy based on buying high G-score (6, 7 or 8) firms and shorting low G-score (0 or 1) firms consistently earns significant excess returns. Further, the results do not support a risk based explanation for the book-to-market effect as the strategy returns positive returns in all years, and firms that ex-ante appear less risky have better future returns.

To conclude, one can use a modified fundamental analysis strategy (G-score) to identify mispricing and earn substantial abnormal returns.


Tapi Fruit Processing Mohanram G-Score Related Terms


Tapi Fruit Processing Mohanram G-Score Historical Data

* Premium members only.

The historical data trend for Tapi Fruit Processing's Mohanram G-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.

Tapi Fruit Processing Mohanram G-Score Chart

Tapi Fruit Processing Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Mohanram G-Score
Get a 7-Day Free Trial N/A N/A N/A 6.00 4.00

Tapi Fruit Processing Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Mohanram G-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A 6.00 N/A 4.00

NSE:TAPIFRUIT vs KHC, GIS: Mohanram G-Score Comparison

For the Packaged Foods subindustry, Tapi Fruit Processing's Mohanram G-Score, along with its competitors' market caps and Mohanram G-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.


Tapi Fruit Processing Mohanram G-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tapi Fruit Processing's Mohanram G-Score distribution charts can be found below:

* The bar in red indicates where Tapi Fruit Processing's Mohanram G-Score falls into.


NSE:TAPIFRUIT
46GF Score
Tapi Fruit Processing Ltd NSE:TAPIFRUIT
Mohanram G-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tapi Fruit Processing Mohanram G-Score Calculation

The calculation of the Mohanram G-score consists of eight criteria. Assign one point for each criterion met, then add up all the points to get the G-Score.

Profitability

Question 1. Return on Assets (ROA)

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. It measures how well a company uses its asset to generate earnings.

Score 1 if ROA > ROA Industry Median, 0 otherwise.

Question 2. Cash ROA

Cash ROA equals to Cash Flow from Operations divided by average Total Assets. It measures how well a company uses its asset to generate cash.

Score 1 if Cash ROA > Cash ROA Industry Median, 0 otherwise.

Question 3. CFO and Net Income

Score 1 if CFO > Net Income, 0 otherwise.

Earnings Predictability

Question 4. Earnings Variability

Earnings Variability is measured as the variance of a firm's ROA in the past five years.

Score 1 if Earnings Variability < Earnings Variability Industry Median, 0 otherwise.

Question 5. Sales Growth Variability

Sales Growth Variability is measured as the 5-year variance in sales growth.

Score 1 if Sales Growth Variability < Sales Growth Variability Industry Median, 0 otherwise.

Accounting Conservatism

Question 6. Research & Development Intensity

Research & Development Intensity is calcualted by Research & Development divided by the beginning Total Assets.

Score 1 if Research & Development Intensity > Research & Development Intensity Industry Median, 0 otherwise.

Question 7. CAPEX Intensity

CAPEX Intensity is calcualted by Capital Expenditure divided by the beginning Total Assets.

Score 1 if CAPEX Intensity > CAPEX Intensity Industry Median, 0 otherwise.

Question 8. Advertising Expenditure Intensity

Advertising Expenditure Intensity is calcualted by Advertising Expenditure divided by the beginning Total Assets. Note that Advertising Expenditure is not reported as a seperate line item for many companies, thus Selling, General, & Admin. Expense is used in this calculation.

Score 1 if Advertising Expenditure Intensity > Advertising Expenditure Intensity Industry Median, 0 otherwise.

* 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 that all the Industry Median used for comparison in his original research, are substituted with Sector Median due to the limitation of data within certain countries.

Good or high score = 6, 7, 8
Bad or low score = 0, 1

Tapi Fruit Processing has an G-score of 4.

Frequently Asked Questions Learn more about Mohanram G-Score →
What does a Mohanram G-Score of 4 mean?
Tapi Fruit Processing (NSE:TAPIFRUIT) has a Mohanram G-Score of 4 as of Mar. 2026. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on Tapi Fruit Processing and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Tapi Fruit Processing's Mohanram G-Score has ranged from 4.00 to 6.00.
Is Tapi Fruit Processing's Mohanram G-Score too high?
Tapi Fruit Processing's current Mohanram G-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. Overall, Tapi Fruit Processing has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tapi Fruit Processing's Mohanram G-Score compare to KHC and GIS?
Tapi Fruit Processing's Mohanram G-Score of 4 can be compared against companies in the Consumer Packaged Goods industry. Historically, Tapi Fruit Processing's own Mohanram G-Score has ranged from 4.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Mohanram G-Score for a Consumer Packaged Goods company?
A good Mohanram G-Score depends on the Consumer Packaged Goods industry context. However, Mohanram G-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Mohanram G-Score mean?
A high Mohanram G-Score can signal that a stock is expensive relative to its fundamentals. G-Score is a financial indicator developed by professor Partha Mohanram to help investors find the best investment opportunities in the growth stocks. View historical data on Tapi Fruit Processing and its competitors. Tapi Fruit Processing's current Mohanram G-Score is 4, which is 20% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tapi Fruit Processing stock overvalued right now?
Based on GuruFocus' analysis, Tapi Fruit Processing (NSE:TAPIFRUIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹141.10, compared to a current price of ₹47.70 — trading 66.2% below its estimated fair value. The current Mohanram G-Score is 4, which is 20% below median its 10-year median of 5.00. Tapi Fruit Processing's overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Mohanram G-Score calculated?
Mohanram G-Score is calculated from a company's financial statements. For Tapi Fruit Processing (NSE:TAPIFRUIT), the current Mohanram G-Score is 4 as of Mar. 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 Tapi Fruit Processing (NSE:TAPIFRUIT) Overvalued in 2026?

Based on GuruFocus' analysis, Tapi Fruit Processing stock appears to be undervalued. The current stock price of ₹47.70 is trading 66.2% below its estimated GF Value™ of ₹141.10. GuruFocus considers Tapi Fruit Processing to be Possible Value Trap.

Key valuation signals for NSE:TAPIFRUIT:

  • Mohanram G-Score: 4 (20% below median its 10-year median of 5.00)
  • GF Value™: ₹141.10 vs. price of ₹47.70 (66.2% below fair value)
  • GF Score™: 46/100 with 7 warning signs

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


Tapi Fruit Processing Business Description

Address Varachha Road, Office No. 212 to 214, Sunrise Chambers, Near Ashok Colony, Mini Bazar, Surat, GJ, IND, 395006
Tapi Fruit Processing Ltd is engaged in the manufacturing and selling of jam and jelly-based products such as candied, crystallized, and glazed fruits, fruit bars, fruit jellies, fruit jams, fruit leathers, chutneys and sauces, beverages, fruit crushes, fruit syrups, and nutraceutical products such as vitamin gummies. The company's revenue mainly comes from the sale of food products distributed through distributors, modern trade, direct sales channels, and others. The company has a domestic and international presence in over 20 countries.
46GF Score

Get the complete analysis for NSE:TAPIFRUIT

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

₹47.70
Price
₹141.10
GF Value