Globus Power Generation (BOM:526025) Beneish M-Score: 0.00 (As of Jul. 01, 2026)

What is Globus Power Generation Beneish M-Score?

Globus Power Generation BOM:526025 -0.96% 33 Beneish M-Score is 0.00 as of Jul. 01, 2026. GuruFocus rates BOM:526025 with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 390 Utilities - Independent Power Producers companies, Globus Power Generation ranks worse than 256410% 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 Globus Power Generation's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Globus Power Generation was 421445.04. The lowest was -10.79. And the median was 5.05.

Globus Power Generation Beneish M-Score Related Terms

Globus Power Generation Beneish M-Score Historical Data

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The historical data trend for Globus Power Generation'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.

Globus Power Generation Beneish M-Score Chart

Globus Power Generation Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Beneish M-Score

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0.00

5.05

-10.79

0.00

Globus Power Generation 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															-10.79	0.00	0.00	0.00	0.00

Globus Power Generation Beneish M-Score Competitor Comparison

For the Utilities - Renewable subindustry, Globus Power Generation'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.

Globus Power Generation Beneish M-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Globus Power Generation's Beneish M-Score distribution charts can be found below:

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

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33GF Score

Globus Power Generation Ltd BOM:526025

Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.

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Globus Power Generation 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 Globus Power Generation for today is based on a combination of the following eight different indices:

-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 *

This Year (Mar26) TTM:

Last Year (Mar25) TTM:

Total Receivables was ₹0.00 Mil.
Revenue was ₹0.00 Mil.
Gross Profit was ₹0.00 Mil.
Total Current Assets was ₹0.45 Mil.
Total Assets was ₹80.99 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 ₹0.87 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.
Net Income was ₹-1.28 Mil.
Gross Profit was ₹0.00 Mil.
Cash Flow from Operations was ₹-0.03 Mil.

Total Receivables was ₹0.00 Mil.
Revenue was ₹0.01 Mil.
Gross Profit was ₹0.00 Mil.
Total Current Assets was ₹0.44 Mil.
Total Assets was ₹82.25 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 ₹0.71 Mil.
Total Current Liabilities was ₹0.85 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)
	=	(0 / 0)	/	(0 / 0.007)
	=		/	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)
	=	(0.004 / 0.007)	/	(0 / 0)
	=	0.571429	/
	=

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 - (0.45 + 0) / 80.985)	/	(1 - (0.437 + 0) / 82.247)
	=	0.994443	/	0.994687
	=

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	/	0.007
	=

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)	/	(0.705 / 0.007)
	=		/	100.714286
	=

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 + 0.867) / 80.985)	/	((0 + 0.849) / 82.247)
	=	0.010706	/	0.010323
	=

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
	=	(-1.28 - 0	-	-0.026)	/	80.985
	=	-0.015484

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?

Globus Power Generation (BOM:526025) 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 Globus Power Generation and its competitors. According to the industry distribution chart, Globus Power Generation ranks #999999 out of 390 companies in the Utilities - Independent Power Producers industry.

Is Globus Power Generation's Beneish M-Score too high?

Globus Power Generation's current Beneish M-Score is 0.00. Based on the distribution chart, Globus Power Generation ranks #999999 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Globus Power Generation has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.

How does Globus Power Generation's Beneish M-Score compare to competitors?

According to the Utilities - Independent Power Producers industry distribution chart, Globus Power Generation ranks #999999 out of 390 companies for Beneish M-Score. This places Globus Power Generation 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 an Utilities - Independent Power Producers company?

A good Beneish M-Score depends on the Utilities - Independent Power Producers 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 Globus Power Generation and its competitors. Globus Power Generation'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 Globus Power Generation stock overvalued right now?

Globus Power Generation (BOM:526025) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Globus Power Generation's overall GF Score™ is 33/100 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 Globus Power Generation (BOM:526025), 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.

Globus Power Generation Business Description

Industry Utilities Utilities - Independent Power Producers

Comparable Companies BOM:532894 NSE:SHUBHSHREE BOM:541445 BOM:533451 BOM:524156 BOM:539013 BOM:503657 SHSE:600900 SHSE:600930 OCSE:ORSTED BOM:541450 ISX:BREN SHSE:600025 WBO:VER BSP:AXIA3 OHEL:FORTUM XLIS:EDPR SHSE:600905 TSE:9503 ATH:PPC

Address Naraina Industrial Area, A-60, Phase-I, New Delhi, UP, IND, 110028

Website http://www.gpgl.in

Globus Power Generation Ltd is a company engaged in the business of making strategic investments in the infrastructure sector, particularly the power generation business and the acquisition of a portfolio of wind/biomass power plants to make them part of their group. Its business includes making investments in other Securities, derivatives, mutual funds, and properties.

33GF Score

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