Lakshmi Precision Screws (BOM:506079) Beneish M-Score: 0.00 (As of Jul. 24, 2026)

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What is Lakshmi Precision Screws Beneish M-Score?

Lakshmi Precision Screws BOM:506079 Beneish M-Score is 0.00 as of Jul. 24, 2026.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

The historical rank and industry rank for Lakshmi Precision Screws's Beneish M-Score or its related term are showing as below:

During the past 10 years, the highest Beneish M-Score of Lakshmi Precision Screws was 0.00. The lowest was 0.00. And the median was 0.00.

Lakshmi Precision Screws Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Lakshmi Precision Screws's Beneish M-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.

Lakshmi Precision Screws Beneish M-Score Chart

Lakshmi Precision Screws Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -3.81 -3.05

Lakshmi Precision Screws Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -3.81 -3.05

BOM:506079 vs TXHG, TBLT: Beneish M-Score Comparison

For the Tools & Accessories subindustry, Lakshmi Precision Screws's Beneish M-Score, along with its competitors' market caps and Beneish M-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.

Lakshmi Precision Screws Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lakshmi Precision Screws's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Lakshmi Precision Screws's Beneish M-Score falls into.


Lakshmi Precision Screws Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Lakshmi Precision Screws for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.1082+0.528 * 0.9514+0.404 * 1.2575+0.892 * 0.6918+0.115 * 3.5996
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.7982+4.679 * -0.151765-0.327 * 1.0833
=-2.98

* 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 (Mar17) TTM:Last Year (Mar16) TTM:
Total Receivables was ₹601 Mil.
Revenue was ₹2,558 Mil.
Gross Profit was ₹1,372 Mil.
Total Current Assets was ₹2,845 Mil.
Total Assets was ₹4,623 Mil.
Property, Plant and Equipment(Net PPE) was ₹1,690 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹41 Mil.
Selling, General, & Admin. Expense(SGA) was ₹74 Mil.
Total Current Liabilities was ₹3,376 Mil.
Long-Term Debt & Capital Lease Obligation was ₹624 Mil.
Net Income was ₹-400 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹302 Mil.
 Total Receivables was ₹785 Mil.
Revenue was ₹3,698 Mil.
Gross Profit was ₹1,887 Mil.
Total Current Assets was ₹3,118 Mil.
Total Assets was ₹4,883 Mil.
Property, Plant and Equipment(Net PPE) was ₹1,691 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹159 Mil.
Selling, General, & Admin. Expense(SGA) was ₹134 Mil.
Total Current Liabilities was ₹3,124 Mil.
Long-Term Debt & Capital Lease Obligation was ₹776 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(601.413 / 2558.396) / (784.548 / 3698.406)
=0.235074 / 0.212131
=1.1082

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(1886.646 / 3698.406) / (1371.826 / 2558.396)
=0.510124 / 0.536205
=0.9514

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (2844.901 + 1690.068) / 4622.912) / (1 - (3118.195 + 1691.401) / 4883.471)
=0.019023 / 0.015128
=1.2575

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=2558.396 / 3698.406
=0.6918

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(159.109 / (159.109 + 1691.401)) / (41.357 / (41.357 + 1690.068))
=0.085981 / 0.023886
=3.5996

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(73.971 / 2558.396) / (133.969 / 3698.406)
=0.028913 / 0.036223
=0.7982

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((624.151 + 3375.523) / 4622.912) / ((776.317 + 3123.893) / 4883.471)
=0.865185 / 0.798655
=1.0833

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(-399.77 - 0 - 301.826) / 4622.912
=-0.151765

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Lakshmi Precision Screws has a M-score of -2.98 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Lakshmi Precision Screws (BOM:506079) has a Beneish M-Score of 0.00 as of Jul. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Lakshmi Precision Screws and its competitors.
Is Lakshmi Precision Screws' Beneish M-Score too high?
Lakshmi Precision Screws' current Beneish M-Score is 0.00.
How does Lakshmi Precision Screws' Beneish M-Score compare to TXHG and TBLT?
Lakshmi Precision Screws' Beneish M-Score of 0.00 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products industry context. However, Beneish M-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 Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Lakshmi Precision Screws and its competitors. Lakshmi Precision Screws's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Precision Screws stock overvalued right now?
Lakshmi Precision Screws (BOM:506079) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Lakshmi Precision Screws (BOM:506079), the current Beneish M-Score is 0.00 as of Jul. 24, 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.

Lakshmi Precision Screws Business Description

Address Hisar Road, 46/1, Mile Stone, Rohtak, HR, IND, 124001
Lakshmi Precision Screws Ltd is engaged in the business of manufacturing high-tensile fasteners. The product portfolio includes - Bolts and Screws, Pins, Nuts, Allen Key, Anchor Bush, Hammer, Wedges, Threaded road, Ball pins, Clevis pins, and many others. The company caters to the need of many sectors like Wind energy, Automotive, Defence, Electronic and communication, Construction, Agriculture, Tool and die, Oil and gas. The company's area of operation comprises four manufacturing units spread across an area of about 1,00,000 sqm.