Gyftr (BOM:507912) Beneish M-Score: 0.00 (As of Jul. 01, 2026)


BOM:507912 Gyftr Ltd BOM:507912
56 GF Score
Price ₹174.05
GF Value ₹603.77
Valuation Possible Value Trap
View Full Analysis

What is Gyftr Beneish M-Score?

Gyftr BOM:507912 +3.60% 56 Beneish M-Score is 0.00 as of Jul. 01, 2026. GuruFocus rates BOM:507912 with a GF Score™ of 56/100 and a GF Value™ of ₹603.77 (Possible Value Trap). Among 1,021 Business Services companies, Gyftr ranks worse than 97943.1% on this metric.

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 Gyftr's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Gyftr was 26.39. The lowest was -3.76. And the median was -1.45.


Gyftr Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Gyftr'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.

Gyftr Beneish M-Score Chart

Gyftr Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.40 -2.17 -1.16 0.00 0.00

Gyftr Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

BOM:507912 vs CTAS, CPRT, ULS: Beneish M-Score Comparison

For the Specialty Business Services subindustry, Gyftr'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.


Gyftr Beneish M-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Gyftr's Beneish M-Score distribution charts can be found below:

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


BOM:507912
56GF Score
Gyftr Ltd BOM:507912
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gyftr 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 Gyftr 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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:
Total Receivables was ₹787 Mil.
Revenue was ₹3,964 Mil.
Gross Profit was ₹7 Mil.
Total Current Assets was ₹1,835 Mil.
Total Assets was ₹5,152 Mil.
Property, Plant and Equipment(Net PPE) was ₹13 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹65 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0 Mil.
Total Current Liabilities was ₹286 Mil.
Long-Term Debt & Capital Lease Obligation was ₹11 Mil.
Net Income was ₹218 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹117 Mil.
Total Receivables was ₹1,572 Mil.
Revenue was ₹0 Mil.
Gross Profit was ₹-39 Mil.
Total Current Assets was ₹3,254 Mil.
Total Assets was ₹3,860 Mil.
Property, Plant and Equipment(Net PPE) was ₹1 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹1 Mil.
Selling, General, & Admin. Expense(SGA) was ₹7 Mil.
Total Current Liabilities was ₹379 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 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)
=(786.643 / 3963.575) / (1571.896 / 0)
=0.198468 /
=

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)
=(-39.126 / 0) / (6.926 / 3963.575)
= / 0.001747
=

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 - (1835.267 + 12.588) / 5152.107) / (1 - (3253.507 + 0.718) / 3859.518)
=0.64134 / 0.156831
=

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
=3963.575 / 0
=

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))
=(0.555 / (0.555 + 0.718)) / (64.794 / (64.794 + 12.588))
=0.435978 / 0.837327
=

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)
=(0 / 3963.575) / (6.713 / 0)
=0 /
=

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)
=((10.915 + 285.866) / 5152.107) / ((0 + 378.618) / 3859.518)
=0.057604 / 0.0981
=

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
=(218.13 - 0 - 116.845) / 5152.107
=0.019659

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Gyftr (BOM:507912) has a Beneish M-Score of 0.00 as of Jul. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Gyftr and its competitors. According to the industry distribution chart, Gyftr ranks #999999 out of 1021 companies in the Business Services industry.
Is Gyftr's Beneish M-Score too high?
Gyftr's current Beneish M-Score is 0.00. Based on the distribution chart, Gyftr ranks #999999 out of 1021 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Gyftr has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gyftr's Beneish M-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Gyftr ranks #999999 out of 1021 companies for Beneish M-Score. This places Gyftr in the lower half of its 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 a Business Services company?
A good Beneish M-Score depends on the Business Services 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 Gyftr and its competitors. Gyftr'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 Gyftr stock overvalued right now?
Based on GuruFocus' analysis, Gyftr (BOM:507912) is currently considered Possible Value Trap. The stock's GF Value™ is ₹603.77, compared to a current price of ₹174.05 — trading 71.2% below its estimated fair value. The current Beneish M-Score is 0.00. Gyftr's overall GF Score™ is 56/100. 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 Gyftr (BOM:507912), the current Beneish M-Score is 0.00 as of Jul. 01, 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 Gyftr (BOM:507912) Overvalued in 2026?

Based on GuruFocus' analysis, Gyftr stock appears to be undervalued. The current stock price of ₹174.05 is trading 71.2% below its estimated GF Value™ of ₹603.77. GuruFocus considers Gyftr to be Possible Value Trap.

Key valuation signals for BOM:507912:

  • Beneish M-Score: 0.00
  • GF Value™: ₹603.77 vs. price of ₹174.05 (71.2% below fair value)
  • GF Score™: 56/100

No single metric tells the full story. See the BOM:507912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gyftr Business Description

Address 201, 2nd Floor, Best Sky Tower, Netaji Subhash Place, Delhi, IND, 110034
Gyftr Ltd is engaged in the business of enabling, buying and selling Instant gift vouchers. The company offers gift vouchers of different categories like Dining, E-Commerce, Electronics, Fashion, Gaming, and others. The company is working with the the brands in India including Beyoung, Blissclub, Campus Sutra, Daily Objects, Foxtale, Freecultr, The Man Company, Zouk, Pizza Hut, Bakingo, Dominos, Amazon, Flipkart, Myntra, Chroma, Skullcandy, Jio Hotstar, PVR, Pantaloons, ALDO, Bata, and various other brands.
56GF Score

Get the complete analysis for BOM:507912

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

₹174.05
Price
₹603.77
GF Value