East India Drums & Barrels Manufacturing (BOM:523874) Beneish M-Score: 0.00 (As of Jul. 03, 2026)


BOM:523874 East India Drums & Barrels Manufacturing Ltd BOM:523874
26 GF Score
Price ₹95.23
! 1 Warning Sign
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What is East India Drums & Barrels Manufacturing Beneish M-Score?

East India Drums & Barrels Manufacturing BOM:523874 -4.27% 26 Beneish M-Score is 0.00 as of Jul. 03, 2026. GuruFocus rates BOM:523874 with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 370 Packaging & Containers companies, East India Drums & Barrels Manufacturing ranks worse than 270270% 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 East India Drums & Barrels Manufacturing's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of East India Drums & Barrels Manufacturing was -7.60. The lowest was -7.60. And the median was -7.60.

East India Drums & Barrels Manufacturing Beneish M-Score Historical Data

* Premium members only.

The historical data trend for East India Drums & Barrels Manufacturing'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.

East India Drums & Barrels Manufacturing Beneish M-Score Chart

East India Drums & Barrels Manufacturing Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
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East India Drums & Barrels Manufacturing Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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BOM:523874 vs SW, PKG, IP: Beneish M-Score Comparison

For the Packaging & Containers subindustry, East India Drums & Barrels Manufacturing'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.

East India Drums & Barrels Manufacturing Beneish M-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, East India Drums & Barrels Manufacturing's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where East India Drums & Barrels Manufacturing's Beneish M-Score falls into.


BOM:523874
26GF Score
East India Drums & Barrels Manufacturing Ltd BOM:523874
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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East India Drums & Barrels Manufacturing 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 East India Drums & Barrels Manufacturing 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 (Mar25) TTM:Last Year (Mar24) TTM:
Total Receivables was ₹333 Mil.
Revenue was ₹2,627 Mil.
Gross Profit was ₹531 Mil.
Total Current Assets was ₹852 Mil.
Total Assets was ₹1,330 Mil.
Property, Plant and Equipment(Net PPE) was ₹351 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹34 Mil.
Selling, General, & Admin. Expense(SGA) was ₹7 Mil.
Total Current Liabilities was ₹879 Mil.
Long-Term Debt & Capital Lease Obligation was ₹235 Mil.
Net Income was ₹36 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹250 Mil.
 Total Receivables was ₹6 Mil.
Revenue was ₹0 Mil.
Gross Profit was ₹0 Mil.
Total Current Assets was ₹8 Mil.
Total Assets was ₹10 Mil.
Property, Plant and Equipment(Net PPE) was ₹0 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹0 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0 Mil.
Total Current Liabilities was ₹55 Mil.
Long-Term Debt & Capital Lease Obligation was ₹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)
=(332.554 / 2627.174) / (6.23 / 0)
=0.126582 /
=

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) / (531.468 / 2627.174)
= / 0.202296
=

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 - (852.269 + 350.979) / 1330.038) / (1 - (7.555 + 0.121) / 9.795)
=0.095328 / 0.216335
=

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
=2627.174 / 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))
=(0.35 / (0.35 + 0.121)) / (33.522 / (33.522 + 350.979))
=0.7431 / 0.087183
=

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)
=(7.064 / 2627.174) / (0.1 / 0)
=0.002689 /
=

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)
=((235.104 + 878.995) / 1330.038) / ((7.165 + 55.339) / 9.795)
=0.837644 / 6.381215
=

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
=(36.012 - 0 - 249.619) / 1330.038
=-0.160602

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?
East India Drums & Barrels Manufacturing (BOM:523874) has a Beneish M-Score of 0.00 as of Jul. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on East India Drums & Barrels Manufacturing and its competitors. According to the industry distribution chart, East India Drums & Barrels Manufacturing ranks #999999 out of 370 companies in the Packaging & Containers industry.
Is East India Drums & Barrels Manufacturing's Beneish M-Score too high?
East India Drums & Barrels Manufacturing's current Beneish M-Score is 0.00. Based on the distribution chart, East India Drums & Barrels Manufacturing ranks #999999 out of 370 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, East India Drums & Barrels Manufacturing has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does East India Drums & Barrels Manufacturing's Beneish M-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, East India Drums & Barrels Manufacturing ranks #999999 out of 370 companies for Beneish M-Score. This places East India Drums & Barrels Manufacturing 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 Packaging & Containers company?
A good Beneish M-Score depends on the Packaging & Containers 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 East India Drums & Barrels Manufacturing and its competitors. East India Drums & Barrels Manufacturing'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 East India Drums & Barrels Manufacturing stock overvalued right now?
East India Drums & Barrels Manufacturing (BOM:523874) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. East India Drums & Barrels Manufacturing's overall GF Score™ is 26/100 with 1 warning sign 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 East India Drums & Barrels Manufacturing (BOM:523874), the current Beneish M-Score is 0.00 as of Jul. 03, 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.

East India Drums & Barrels Manufacturing Business Description

Address Soni Wadi, S. V. Road, 201, A Wing, Jwala Estate, Pushp Vinod - 2, Behind Mc. Donald, Borivali West, Mumbai, MH, IND, 400092
East India Drums & Barrels Manufacturing Ltd is an India-based company. The company is engaged in the manufacturing of industrial barrels and related packaging solutions. Its product include Close Top Drums, Open Top Drums, Gooseneck Drums, Composite Drums and Galvanised Drums.
26GF Score

Get the complete analysis for BOM:523874

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

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