RIR Power Electronics (BOM:517035) Beneish M-Score: -1.73 (As of Jul. 01, 2026)


BOM:517035 RIR Power Electronics Ltd BOM:517035
81 GF Score
Price ₹158.40
GF Value ₹206.98
Valuation Modestly Undervalued
! 5 Warning Signs
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What is RIR Power Electronics Beneish M-Score?

RIR Power Electronics BOM:517035 +1.60% 81 Beneish M-Score is -1.73 as of Jul. 01, 2026. GuruFocus rates BOM:517035 with a GF Score™ of 81/100 and a GF Value™ of ₹206.98 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 986 Semiconductors companies, RIR Power Electronics ranks worse than 79.82% 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.

Warning Sign:

Beneish M-Score -1.73 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for RIR Power Electronics's Beneish M-Score or its related term are showing as below:

BOM:517035' s Beneish M-Score Range Over the Past 10 Years
Min: -3.25   Med: -2.21   Max: 9.3
Current: -1.73

During the past 13 years, the highest Beneish M-Score of RIR Power Electronics was 9.30. The lowest was -3.25. And the median was -2.21.


RIR Power Electronics Beneish M-Score Historical Data

* Premium members only.

The historical data trend for RIR Power Electronics'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.

RIR Power Electronics Beneish M-Score Chart

RIR Power Electronics 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 -2.01 -1.89 -2.04 9.30 -1.73

RIR Power Electronics 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 9.30 0.00 0.00 0.00 -1.73

BOM:517035 vs NVDA, AVGO, MU: Beneish M-Score Comparison

For the Semiconductors subindustry, RIR Power Electronics'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.


RIR Power Electronics Beneish M-Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, RIR Power Electronics's Beneish M-Score distribution charts can be found below:

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


BOM:517035
81GF Score
RIR Power Electronics Ltd BOM:517035
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RIR Power Electronics 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 RIR Power Electronics 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 * 0.7618+0.528 * 0.95+0.404 * 0.9295+0.892 * 1.0541+0.115 * 1.0909
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0+4.679 * 0.13774-0.327 * 0.5424
=-1.73

* 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 ₹212.8 Mil.
Revenue was ₹908.7 Mil.
Gross Profit was ₹332.5 Mil.
Total Current Assets was ₹996.1 Mil.
Total Assets was ₹2,168.0 Mil.
Property, Plant and Equipment(Net PPE) was ₹588.1 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹12.9 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0.0 Mil.
Total Current Liabilities was ₹258.5 Mil.
Long-Term Debt & Capital Lease Obligation was ₹24.9 Mil.
Net Income was ₹79.3 Mil.
Gross Profit was ₹0.0 Mil.
Cash Flow from Operations was ₹-219.3 Mil.
Total Receivables was ₹264.9 Mil.
Revenue was ₹862.1 Mil.
Gross Profit was ₹299.7 Mil.
Total Current Assets was ₹674.7 Mil.
Total Assets was ₹1,523.4 Mil.
Property, Plant and Equipment(Net PPE) was ₹407.4 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹9.7 Mil.
Selling, General, & Admin. Expense(SGA) was ₹37.9 Mil.
Total Current Liabilities was ₹275.5 Mil.
Long-Term Debt & Capital Lease Obligation was ₹91.7 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)
=(212.763 / 908.742) / (264.944 / 862.063)
=0.234129 / 0.307337
=0.7618

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)
=(299.671 / 862.063) / (332.512 / 908.742)
=0.347621 / 0.365904
=0.95

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 - (996.056 + 588.086) / 2167.964) / (1 - (674.69 + 407.375) / 1523.412)
=0.269295 / 0.28971
=0.9295

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
=908.742 / 862.063
=1.0541

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))
=(9.744 / (9.744 + 407.375)) / (12.869 / (12.869 + 588.086))
=0.02336 / 0.021414
=1.0909

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 / 908.742) / (37.927 / 862.063)
=0 / 0.043996
=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)
=((24.883 + 258.537) / 2167.964) / ((91.682 + 275.486) / 1523.412)
=0.130731 / 0.241017
=0.5424

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
=(79.291 - 0 - -219.324) / 2167.964
=0.13774

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.

RIR Power Electronics has a M-score of -1.73 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 -1.73 mean?
RIR Power Electronics (BOM:517035) has a Beneish M-Score of -1.73 as of Jul. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on RIR Power Electronics and its competitors. According to the industry distribution chart, RIR Power Electronics ranks #787 out of 986 companies in the Semiconductors industry, placing it in the top 79.8%.
Is RIR Power Electronics' Beneish M-Score too high?
RIR Power Electronics' current Beneish M-Score is -1.73. Based on the distribution chart, RIR Power Electronics ranks #787 out of 986 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, RIR Power Electronics has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RIR Power Electronics' Beneish M-Score compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, RIR Power Electronics ranks #787 out of 986 companies for Beneish M-Score. This places RIR Power Electronics 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 Semiconductors company?
A good Beneish M-Score depends on the Semiconductors 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 RIR Power Electronics and its competitors. RIR Power Electronics's current Beneish M-Score is -1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RIR Power Electronics stock overvalued right now?
Based on GuruFocus' analysis, RIR Power Electronics (BOM:517035) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹206.98, compared to a current price of ₹158.40 — trading 23.5% below its estimated fair value. The current Beneish M-Score is -1.73. RIR Power Electronics' overall GF Score™ is 81/100 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 RIR Power Electronics (BOM:517035), the current Beneish M-Score is -1.73 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 RIR Power Electronics (BOM:517035) Overvalued in 2026?

Based on GuruFocus' analysis, RIR Power Electronics stock appears to be undervalued. The current stock price of ₹158.40 is trading 23.5% below its estimated GF Value™ of ₹206.98. GuruFocus considers RIR Power Electronics to be Modestly Undervalued.

Key valuation signals for BOM:517035:

  • Beneish M-Score: -1.73
  • GF Value™: ₹206.98 vs. price of ₹158.40 (23.5% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the BOM:517035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RIR Power Electronics Business Description

Address Saki Vihar Road, 139/141, Solaris -1, B Wing, 1st Floor, Powai, Andheri (East), Mumbai, MH, IND, 400072
RIR Power Electronics Ltd is an India-based Manufacturing Industry company. The company is engaged in the manufacturing of Semiconductor devices like Diodes, Thyristors, Power Modules, Bridge Rectifiers, and high-power equipment like high-current rectifiers, Battery Chargers, Rectifier Panels, high-power stacks, and Assembly. Its products are used for Industrial applications in diverse sectors such as Railways, Induction furnaces, Electricity and Power Generation, Engineering, and others.
81GF Score

Get the complete analysis for BOM:517035

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

₹158.40
Price
₹206.98
GF Value