Impera Worldwide (BOM:514177) Beneish M-Score: 0.00 (As of Aug. 06, 2026)

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BOM:514177 Impera Worldwide Ltd BOM:514177
19 GF Score
Price ₹58.60
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What is Impera Worldwide Beneish M-Score?

Impera Worldwide BOM:514177 19 Beneish M-Score is 0.00 as of Aug. 06, 2026. GuruFocus rates BOM:514177 with a GF Score™ of 19/100. Among 995 Manufacturing - Apparel & Accessories companies, Impera Worldwide ranks worse than 100502.41% 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 Impera Worldwide's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Impera Worldwide was 28.93. The lowest was 28.93. And the median was 28.93.

Impera Worldwide Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Impera Worldwide'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.

Impera Worldwide Beneish M-Score Chart

Impera Worldwide 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 0.00 0.00 0.00 0.00 0.00

Impera Worldwide 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

Impera Worldwide Beneish M-Score Competitor Comparison

For the Textile Manufacturing subindustry, Impera Worldwide'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.

Impera Worldwide Beneish M-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Impera Worldwide's Beneish M-Score distribution charts can be found below:

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


BOM:514177
19GF Score
Impera Worldwide Ltd BOM:514177
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Impera Worldwide 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 Impera Worldwide 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 ₹1.77 Mil.
Revenue was ₹0.00 Mil.
Gross Profit was ₹-1.44 Mil.
Total Current Assets was ₹2.63 Mil.
Total Assets was ₹9.73 Mil.
Property, Plant and Equipment(Net PPE) was ₹0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹0.00 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0.00 Mil.
Total Current Liabilities was ₹8.55 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.
Net Income was ₹-0.93 Mil.
Gross Profit was ₹0.00 Mil.
Cash Flow from Operations was ₹-0.78 Mil.
 Total Receivables was ₹0.00 Mil.
Revenue was ₹0.00 Mil.
Gross Profit was ₹0.00 Mil.
Total Current Assets was ₹0.57 Mil.
Total Assets was ₹7.66 Mil.
Property, Plant and Equipment(Net PPE) was ₹0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹0.00 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0.41 Mil.
Total Current Liabilities was ₹5.56 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 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)
=(1.773 / 0) / (0 / 0)
= /
=

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)
=(0 / 0) / (-1.435 / 0)
= /
=

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 - (2.63 + 0) / 9.727) / (1 - (0.565 + 0) / 7.663)
=0.729619 / 0.926269
=

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
=0 / 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 / (0 + 0)) / (0 / (0 + 0))
= /
=

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 / 0) / (0.405 / 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)
=((0 + 8.551) / 9.727) / ((0 + 5.559) / 7.663)
=0.879099 / 0.725434
=

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
=(-0.928 - 0 - -0.775) / 9.727
=-0.015729

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?
Impera Worldwide (BOM:514177) has a Beneish M-Score of 0.00 as of Aug. 06, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Impera Worldwide and its competitors. Over the past decade, Impera Worldwide's Beneish M-Score has ranged from 28.93 to 28.93. According to the industry distribution chart, Impera Worldwide ranks #999999 out of 995 companies in the Manufacturing - Apparel & Accessories industry.
Is Impera Worldwide's Beneish M-Score too high?
Impera Worldwide's current Beneish M-Score is 0.00. Over the past 10 years, this metric has ranged from a low of 28.93 to a high of 28.93. Based on the distribution chart, Impera Worldwide ranks #999999 out of 995 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Impera Worldwide has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Impera Worldwide's Beneish M-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Impera Worldwide ranks #999999 out of 995 companies for Beneish M-Score. This places Impera Worldwide in the lower half of its industry. Historically, Impera Worldwide's own Beneish M-Score has ranged from 28.93 to 28.93 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 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 Impera Worldwide and its competitors. Impera Worldwide'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 Impera Worldwide stock overvalued right now?
Impera Worldwide (BOM:514177) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Impera Worldwide's overall GF Score™ is 19/100. 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 Impera Worldwide (BOM:514177), the current Beneish M-Score is 0.00 as of Aug. 06, 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.

Impera Worldwide Business Description

Address Delisle Road, G.K. Marg, 303, Tower A, Peninsula Business Park, Lower Parel, Mumbai, MH, IND, 400013
Impera Worldwide Ltd, formerly known as Rishab Special Yarns Ltd, is engaged in the business of manufacturing and processing Polyester Filament yarn and other types of yarns and fibers. The company's activities include Texturing, Twisting, and Dyeing Polyester Filament yarn.
19GF Score

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

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