Saboo Sodium Chloro (BOM:530461) Beneish M-Score: -3.18 (As of Jul. 02, 2026)


BOM:530461 Saboo Sodium Chloro Ltd BOM:530461
60 GF Score
Price ₹12.27
GF Value ₹25.49
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Saboo Sodium Chloro Beneish M-Score?

Saboo Sodium Chloro BOM:530461 +1.66% 60 Beneish M-Score is -3.18 as of Jul. 02, 2026. GuruFocus rates BOM:530461 with a GF Score™ of 60/100 and a GF Value™ of ₹25.49 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,847 Consumer Packaged Goods companies, Saboo Sodium Chloro ranks better than 88.68% 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 -3.18 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Saboo Sodium Chloro's Beneish M-Score or its related term are showing as below:

BOM:530461' s Beneish M-Score Range Over the Past 10 Years
Min: -3.18   Med: -2.48   Max: -1.02
Current: -3.18

During the past 13 years, the highest Beneish M-Score of Saboo Sodium Chloro was -1.02. The lowest was -3.18. And the median was -2.48.


Saboo Sodium Chloro Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Saboo Sodium Chloro'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.

Saboo Sodium Chloro Beneish M-Score Chart

Saboo Sodium Chloro 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 -1.20 -2.29 -2.97 -1.02 -3.18

Saboo Sodium Chloro 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 -1.02 0.00 0.00 0.00 -3.18

BOM:530461 vs KHC, GIS: Beneish M-Score Comparison

For the Packaged Foods subindustry, Saboo Sodium Chloro'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.


Saboo Sodium Chloro Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Saboo Sodium Chloro's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Saboo Sodium Chloro's Beneish M-Score falls into.


BOM:530461
60GF Score
Saboo Sodium Chloro Ltd BOM:530461
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Saboo Sodium Chloro 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 Saboo Sodium Chloro 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 * 0.2923+0.528 * 1.1518+0.404 * 0.99+0.892 * 1.1623+0.115 * 0.9986
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0+4.679 * -0.07732-0.327 * 1.2477
=-3.18

* 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 ₹82.5 Mil.
Revenue was ₹639.5 Mil.
Gross Profit was ₹345.8 Mil.
Total Current Assets was ₹572.1 Mil.
Total Assets was ₹857.7 Mil.
Property, Plant and Equipment(Net PPE) was ₹137.0 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹17.0 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0.0 Mil.
Total Current Liabilities was ₹41.1 Mil.
Long-Term Debt & Capital Lease Obligation was ₹315.9 Mil.
Net Income was ₹2.3 Mil.
Gross Profit was ₹0.0 Mil.
Cash Flow from Operations was ₹68.6 Mil.
Total Receivables was ₹242.9 Mil.
Revenue was ₹550.2 Mil.
Gross Profit was ₹342.6 Mil.
Total Current Assets was ₹467.8 Mil.
Total Assets was ₹745.6 Mil.
Property, Plant and Equipment(Net PPE) was ₹147.3 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹18.2 Mil.
Selling, General, & Admin. Expense(SGA) was ₹143.0 Mil.
Total Current Liabilities was ₹31.0 Mil.
Long-Term Debt & Capital Lease Obligation was ₹217.7 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)
=(82.533 / 639.504) / (242.892 / 550.198)
=0.129058 / 0.441463
=0.2923

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)
=(342.635 / 550.198) / (345.75 / 639.504)
=0.622749 / 0.540653
=1.1518

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 - (572.089 + 136.952) / 857.654) / (1 - (467.8 + 147.291) / 745.598)
=0.173279 / 0.175037
=0.99

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
=639.504 / 550.198
=1.1623

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))
=(18.221 / (18.221 + 147.291)) / (16.968 / (16.968 + 136.952))
=0.110089 / 0.110239
=0.9986

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 / 639.504) / (143.045 / 550.198)
=0 / 0.259988
=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)
=((315.928 + 41.133) / 857.654) / ((217.738 + 31.041) / 745.598)
=0.416323 / 0.333664
=1.2477

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
=(2.326 - 0 - 68.64) / 857.654
=-0.07732

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.

Saboo Sodium Chloro has a M-score of -3.18 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -3.18 mean?
Saboo Sodium Chloro (BOM:530461) has a Beneish M-Score of -3.18 as of Jul. 02, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Saboo Sodium Chloro and its competitors. According to the industry distribution chart, Saboo Sodium Chloro ranks #209 out of 1847 companies in the Consumer Packaged Goods industry, placing it in the top 11.3%.
Is Saboo Sodium Chloro's Beneish M-Score too high?
Saboo Sodium Chloro's current Beneish M-Score is -3.18. Based on the distribution chart, Saboo Sodium Chloro ranks #209 out of 1847 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Saboo Sodium Chloro has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saboo Sodium Chloro's Beneish M-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Saboo Sodium Chloro ranks #209 out of 1847 companies for Beneish M-Score. This places Saboo Sodium Chloro in the top 11% of its industry — outperforming the majority of peers. 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 Saboo Sodium Chloro and its competitors. Saboo Sodium Chloro's current Beneish M-Score is -3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saboo Sodium Chloro stock overvalued right now?
Based on GuruFocus' analysis, Saboo Sodium Chloro (BOM:530461) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹25.49, compared to a current price of ₹12.27 — trading 51.9% below its estimated fair value. The current Beneish M-Score is -3.18. Saboo Sodium Chloro's overall GF Score™ is 60/100 with 4 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 Saboo Sodium Chloro (BOM:530461), the current Beneish M-Score is -3.18 as of Jul. 02, 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 Saboo Sodium Chloro (BOM:530461) Overvalued in 2026?

Based on GuruFocus' analysis, Saboo Sodium Chloro stock appears to be undervalued. The current stock price of ₹12.27 is trading 51.9% below its estimated GF Value™ of ₹25.49. GuruFocus considers Saboo Sodium Chloro to be Significantly Undervalued.

Key valuation signals for BOM:530461:

  • Beneish M-Score: -3.18
  • GF Value™: ₹25.49 vs. price of ₹12.27 (51.9% below fair value)
  • GF Score™: 60/100 with 4 warning signs

No single metric tells the full story. See the BOM:530461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saboo Sodium Chloro Business Description

Address L-5, B 2, Krishna Marg, Surya House, C-Scheme, Ashok Nagar, Panch Batti, Jaipur, RJ, IND, 302001
Saboo Sodium Chloro Ltd operates a salt refinery in India. The company's operating include Salt Business; Energy and Resort. It generates maximum revenue from the Salt Business.
60GF Score

Get the complete analysis for BOM:530461

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

₹12.27
Price
₹25.49
GF Value