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Deepak SpinnersBOM:514030 +0.52%67 Beneish M-Score is -2.71 as of Jul. 23, 2026. GuruFocus rates BOM:514030 with a GF Score™ of 67/100 and a GF Value™ of ₹212.82 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 998 Manufacturing - Apparel & Accessories companies, Deepak Spinners ranks worse than 65.23% 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.
Good Sign:
Beneish M-Score -2.71 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Deepak Spinners's Beneish M-Score or its related term are showing as below:
BOM:514030'
s Beneish M-Score Range Over the Past 10 Years
Min: -3.21 Med: -2.66 Max: -2.3
Current: -2.71
During the past 13 years, the highest Beneish M-Score of Deepak Spinners was -2.30. The lowest was -3.21. And the median was -2.66.
Deepak Spinners Beneish M-Score Related Terms
Deepak Spinners Beneish M-Score Historical Data
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The historical data trend for Deepak Spinners'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.
For the Textile Manufacturing subindustry, Deepak Spinners'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.
Deepak Spinners Beneish M-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Deepak Spinners's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Deepak Spinners's Beneish M-Score falls into.
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 Deepak Spinners 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 * 0.9073
+
0.528 * 0.9434
+
0.404 * 1.0334
+
0.892 * 1.02
+
0.115 * 1.0046
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0.8444
+
4.679 * -0.048714
-
0.327 * 0.8275
=
-2.71
* 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.
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.
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))
=
(175.506 / (175.506 + 1791.736))
/
(169.885 / (169.885 + 1743.163))
=
0.089214
/
0.088803
=
1.0046
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
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
=
(36.378 - 0
-
191.398)
/
3182.238
=
-0.048714
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.
Deepak Spinners has a M-score of -2.71 suggests that the company is unlikely to be a manipulator.
Deepak Spinners (BOM:514030) has a Beneish M-Score of -2.71 as of Jul. 23, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Deepak Spinners and its competitors. According to the industry distribution chart, Deepak Spinners ranks #651 out of 998 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 65.2%.
Is Deepak Spinners' Beneish M-Score too high?
Deepak Spinners' current Beneish M-Score is -2.71. Based on the distribution chart, Deepak Spinners ranks #651 out of 998 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Deepak Spinners has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deepak Spinners' Beneish M-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Deepak Spinners ranks #651 out of 998 companies for Beneish M-Score. This places Deepak Spinners 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 Manufacturing - Apparel & Accessories company?
A good Beneish M-Score depends on the Manufacturing - Apparel & Accessories 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 Deepak Spinners and its competitors. Deepak Spinners's current Beneish M-Score is -2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deepak Spinners stock overvalued right now?
Based on GuruFocus' analysis, Deepak Spinners (BOM:514030) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹212.82, compared to a current price of ₹136.00 — trading 36.1% below its estimated fair value. The current Beneish M-Score is -2.71. Deepak Spinners' overall GF Score™ is 67/100 with 5 warning signs to review. 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 Deepak Spinners (BOM:514030), the current Beneish M-Score is -2.71 as of Jul. 23, 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 Deepak Spinners (BOM:514030) Overvalued in 2026?
Based on GuruFocus' analysis, Deepak Spinners stock appears to be undervalued.
The current stock price of ₹136.00 is trading 36.1% below its estimated GF Value™ of ₹212.82.
GuruFocus considers Deepak Spinners to be Significantly Undervalued.
Key valuation signals for BOM:514030:
Beneish M-Score: -2.71
GF Value™: ₹212.82 vs. price of ₹136.00 (36.1% below fair value)
No single metric tells the full story. See the BOM:514030 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deepak Spinners Ltd is an Indian-based company involved in the business of synthetic yarn. It is engaged in manufacturing and distributing synthetic and blended yarn. The product portfolio of the company includes natural fibres such as cotton, jute, silk, and wool, as well as synthetic and man-made fibres (MMFs) like polyester, acrylic, viscose, polyester viscose blends, polyester acrylic blends, and others. The Business activity of the company falls within one business segment, viz, Textile. Geographically, all the activities function throughout the region of India, and it derives revenue through the sale of products.
67GF Score
Get the complete analysis for BOM:514030
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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