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 -3.7 no higher than -1.78, which implies that the company is unlikely to be a manipulator.
The historical rank and industry rank for Shree Krishna Infrastructure's Beneish M-Score or its related term are showing as below:
BOM:542146'
s Beneish M-Score Range Over the Past 10 Years
Min: -4.38 Med: -2.72 Max: 0.27
Current: -3.7
During the past 13 years, the highest Beneish M-Score of Shree Krishna Infrastructure was 0.27. The lowest was -4.38. And the median was -2.72.
Shree Krishna Infrastructure Beneish M-Score Related Terms
Shree Krishna Infrastructure Beneish M-Score Historical Data
* 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.
BOM:542146 vs CBRE, BEKE, JLL: Beneish M-Score Comparison
For the Real Estate Services subindustry, Shree Krishna Infrastructure'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.
Shree Krishna Infrastructure Beneish M-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shree Krishna Infrastructure's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Shree Krishna Infrastructure's Beneish M-Score falls into.
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 Shree Krishna Infrastructure 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
+
0.528 * -1.0818
+
0.404 * 0.0003
+
0.892 * 0.0432
+
0.115 * 0.2045
-
0.172 * SGAI
+
4.679 * TATA
-
0.327 * LVGI
-
0.172 * 0
+
4.679 * 0.35571
-
0.327 * 0.0563
=
-3.70
* 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.
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.
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))
=
(0.028 / (0.028 + 1.036))
/
(0.013 / (0.013 + 0.088))
=
0.026316
/
0.128713
=
0.2045
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
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
=
(0.932 - 0
-
-41.75)
/
119.991
=
0.35571
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.
Shree Krishna Infrastructure has a M-score of -3.70 suggests that the company is unlikely to be a manipulator.
Shree Krishna Infrastructure (BOM:542146) has a Beneish M-Score of -3.70 as of Jul. 07, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Shree Krishna Infrastructure and its competitors. According to the industry distribution chart, Shree Krishna Infrastructure ranks #106 out of 1684 companies in the Real Estate industry, placing it in the top 6.3%.
Is Shree Krishna Infrastructure's Beneish M-Score too high?
Shree Krishna Infrastructure's current Beneish M-Score is -3.70. Based on the distribution chart, Shree Krishna Infrastructure ranks #106 out of 1684 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Shree Krishna Infrastructure has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shree Krishna Infrastructure's Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Shree Krishna Infrastructure ranks #106 out of 1684 companies for Beneish M-Score. This places Shree Krishna Infrastructure in the top 6% 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 Real Estate company?
A good Beneish M-Score depends on the Real Estate 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 Shree Krishna Infrastructure and its competitors. Shree Krishna Infrastructure's current Beneish M-Score is -3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Krishna Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Shree Krishna Infrastructure (BOM:542146) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.42, compared to a current price of ₹7.68 — trading 217.4% above its estimated fair value. The current Beneish M-Score is -3.70. Shree Krishna Infrastructure's overall GF Score™ is 61/100 with 3 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 Shree Krishna Infrastructure (BOM:542146), the current Beneish M-Score is -3.70 as of Jul. 07, 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 Shree Krishna Infrastructure (BOM:542146) Overvalued in 2026?
Based on GuruFocus' analysis, Shree Krishna Infrastructure stock appears to be overvalued.
The current stock price of ₹7.68 is trading 217.4% above its estimated GF Value™ of ₹2.42.
GuruFocus considers Shree Krishna Infrastructure to be Significantly Overvalued.
Key valuation signals for BOM:542146:
Beneish M-Score: -3.70
GF Value™: ₹2.42 vs. price of ₹7.68 (217.4% above fair value)
No single metric tells the full story. See the BOM:542146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shree Krishna Infrastructure Ltd is an Indian company engaged in buying and taking on lease large plots of land to provide roads, drains, water supply, electricity, and lights, and within such lands, plots to build residential houses, business premises, and colonies. Its other activities involve carrying on the business of a financier and hire purchase and hire sales and of commission agents; to acquire, purchase, hire, or lease agricultural lands and to cultivate any crop or crops for the benefit of the company. It operates in the infrastructure and construction segment, focusing on the development of residential and commercial projects.
61GF Score
Get the complete analysis for BOM:542146
Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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