Umiya Mobile (BOM:544464) Beneish M-Score: -0.34 (As of Aug. 01, 2026)

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BOM:544464 Umiya Mobile Ltd BOM:544464
14 GF Score
Price ₹53.01
! 1 Warning Sign
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What is Umiya Mobile Beneish M-Score?

Umiya Mobile BOM:544464 +1.94% 14 Beneish M-Score is -0.34 as of Aug. 01, 2026. GuruFocus rates BOM:544464 with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,085 Retail - Cyclical companies, Umiya Mobile ranks worse than 92.81% 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 -0.34 higher than -1.78, which implies that the company might have manipulated its financial results.

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

BOM:544464' s Beneish M-Score Range Over the Past 10 Years
Min: -1.59   Med: -0.57   Max: -0.34
Current: -0.34

During the past 5 years, the highest Beneish M-Score of Umiya Mobile was -0.34. The lowest was -1.59. And the median was -0.57.

Umiya Mobile Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Umiya Mobile'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.

Umiya Mobile Beneish M-Score Chart

Umiya Mobile Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
0.00 0.00 -1.59 -0.57 -0.34

Umiya Mobile Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Beneish M-Score Get a 7-Day Free Trial -1.59 0.00 -0.57 0.00 -0.34

BOM:544464 vs CASY, WSM, ULTA: Beneish M-Score Comparison

For the Specialty Retail subindustry, Umiya Mobile'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.

Umiya Mobile Beneish M-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Umiya Mobile's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Umiya Mobile's Beneish M-Score falls into.


BOM:544464
14GF Score
Umiya Mobile Ltd BOM:544464
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Umiya Mobile 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 Umiya Mobile 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 * 2.6791+0.528 * -0.4965+0.404 * 2.2028+0.892 * 1.4928+0.115 * 1.0584
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0+4.679 * 0.037536-0.327 * 0.6886
=-0.34

* 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 ₹453 Mil.
Revenue was ₹8,361 Mil.
Gross Profit was ₹116 Mil.
Total Current Assets was ₹1,562 Mil.
Total Assets was ₹1,655 Mil.
Property, Plant and Equipment(Net PPE) was ₹46 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹8 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0 Mil.
Total Current Liabilities was ₹654 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Net Income was ₹92 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹30 Mil.
 Total Receivables was ₹113 Mil.
Revenue was ₹5,601 Mil.
Gross Profit was ₹-38 Mil.
Total Current Assets was ₹1,002 Mil.
Total Assets was ₹1,052 Mil.
Property, Plant and Equipment(Net PPE) was ₹36 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹7 Mil.
Selling, General, & Admin. Expense(SGA) was ₹31 Mil.
Total Current Liabilities was ₹604 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 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)
=(453.099 / 8360.969) / (113.294 / 5600.792)
=0.054192 / 0.020228
=2.6791

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)
=(-38.453 / 5600.792) / (115.635 / 8360.969)
=-0.006866 / 0.01383
=-0.4965

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 - (1561.888 + 45.995) / 1655.193) / (1 - (1002.26 + 36.42) / 1052.335)
=0.028583 / 0.012976
=2.2028

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
=8360.969 / 5600.792
=1.4928

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))
=(7.18 / (7.18 + 36.42)) / (8.475 / (8.475 + 45.995))
=0.164679 / 0.15559
=1.0584

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 / 8360.969) / (30.518 / 5600.792)
=0 / 0.005449
=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)
=((0 + 653.761) / 1655.193) / ((0 + 603.648) / 1052.335)
=0.394976 / 0.573627
=0.6886

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
=(91.937 - 0 - 29.808) / 1655.193
=0.037536

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.

Umiya Mobile has a M-score of -0.34 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 -0.34 mean?
Umiya Mobile (BOM:544464) has a Beneish M-Score of -0.34 as of Aug. 01, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Umiya Mobile and its competitors. According to the industry distribution chart, Umiya Mobile ranks #1007 out of 1085 companies in the Retail - Cyclical industry, placing it in the top 92.8%.
Is Umiya Mobile's Beneish M-Score too high?
Umiya Mobile's current Beneish M-Score is -0.34. Based on the distribution chart, Umiya Mobile ranks #1007 out of 1085 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Umiya Mobile has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Umiya Mobile's Beneish M-Score compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Umiya Mobile ranks #1007 out of 1085 companies for Beneish M-Score. This places Umiya Mobile 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 Retail - Cyclical company?
A good Beneish M-Score depends on the Retail - Cyclical 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 Umiya Mobile and its competitors. Umiya Mobile's current Beneish M-Score is -0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Umiya Mobile stock overvalued right now?
Umiya Mobile (BOM:544464) has a current Beneish M-Score of -0.34. The current Beneish M-Score is -0.34. Umiya Mobile's overall GF Score™ is 14/100 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 Umiya Mobile (BOM:544464), the current Beneish M-Score is -0.34 as of Aug. 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.

Umiya Mobile Business Description

Address Gondal Road, Plot No. 3, Ward No. 7, C.S. No. 5805, Vhora Aghat NR PDM COM. Collage, Opposite Lathiya Motors, Rajkot, GJ, IND, 360002
Umiya Mobile Ltd is a player in the multi-brand retail sector, specializing in the sale of smartphones, mobile accessories, and consumer durable electronic products, etc. Its product range includes the latest smartphones from Apple, Samsung, Realme, Xiaomi, Oppo, Vivo, Motorola, Google Pixel, Infinix etc. The company also offer consumer electronics, such as Smart TVs, Air Conditioners, Refrigerators, Coolers, and more, from brands like Sony, LG, Panasonic, Godrej and others. The company operates a total of approximately 149 stores across the state of Gujarat and 69 stores in Maharashtra and in One Union Territory of Dadra and Nagar Haveli and Daman and Diu, providing the company with a widespread geographic presence and accessibility to a large customer base.
14GF Score

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