Sri Lotus Developers And Realty (BOM:544469) Beneish M-Score: -0.68 (As of Jul. 03, 2026)


BOM:544469 Sri Lotus Developers And Realty Ltd BOM:544469
21 GF Score
Price ₹149.90
! 3 Warning Signs
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What is Sri Lotus Developers And Realty Beneish M-Score?

Sri Lotus Developers And Realty BOM:544469 +0.23% 21 Beneish M-Score is -0.68 as of Jul. 03, 2026. GuruFocus rates BOM:544469 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,700 Construction companies, Sri Lotus Developers And Realty ranks worse than 93.94% 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 -0.68 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Sri Lotus Developers And Realty's Beneish M-Score or its related term are showing as below:

BOM:544469' s Beneish M-Score Range Over the Past 10 Years
Min: -1.27   Med: -0.68   Max: 0.04
Current: -0.68

During the past 5 years, the highest Beneish M-Score of Sri Lotus Developers And Realty was 0.04. The lowest was -1.27. And the median was -0.68.

Sri Lotus Developers And Realty Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Sri Lotus Developers And Realty'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.

Sri Lotus Developers And Realty Beneish M-Score Chart

Sri Lotus Developers And Realty Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
0.00 0.00 -1.27 0.04 -0.68

Sri Lotus Developers And Realty Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.04 0.00 0.00 -0.68

BOM:544469 vs PWR, FIX, EME: Beneish M-Score Comparison

For the Engineering & Construction subindustry, Sri Lotus Developers And Realty'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.

Sri Lotus Developers And Realty Beneish M-Score vs Construction Industry

For the Construction industry and Industrials sector, Sri Lotus Developers And Realty's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Sri Lotus Developers And Realty's Beneish M-Score falls into.


BOM:544469
21GF Score
Sri Lotus Developers And Realty Ltd BOM:544469
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sri Lotus Developers And Realty 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 Sri Lotus Developers And Realty 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 * 0.9471+0.528 * 1.4044+0.404 * 0.9184+0.892 * 1.3989+0.115 * 0.6744
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0+4.679 * 0.239397-0.327 * 0.8223
=-0.68

* 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 ₹3,443 Mil.
Revenue was ₹7,690 Mil.
Gross Profit was ₹3,497 Mil.
Total Current Assets was ₹23,266 Mil.
Total Assets was ₹23,515 Mil.
Property, Plant and Equipment(Net PPE) was ₹19 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹17 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0 Mil.
Total Current Liabilities was ₹3,826 Mil.
Long-Term Debt & Capital Lease Obligation was ₹267 Mil.
Net Income was ₹2,371 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹-3,258 Mil.
 Total Receivables was ₹2,599 Mil.
Revenue was ₹5,497 Mil.
Gross Profit was ₹3,511 Mil.
Total Current Assets was ₹12,023 Mil.
Total Assets was ₹12,186 Mil.
Property, Plant and Equipment(Net PPE) was ₹34 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹15 Mil.
Selling, General, & Admin. Expense(SGA) was ₹77 Mil.
Total Current Liabilities was ₹2,340 Mil.
Long-Term Debt & Capital Lease Obligation was ₹239 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)
=(3442.8 / 7689.51) / (2598.66 / 5496.82)
=0.447727 / 0.472757
=0.9471

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)
=(3510.82 / 5496.82) / (3497.07 / 7689.51)
=0.6387 / 0.454785
=1.4044

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 - (23265.72 + 19.25) / 23514.62) / (1 - (12022.62 + 33.81) / 12186.01)
=0.009766 / 0.010634
=0.9184

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
=7689.51 / 5496.82
=1.3989

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))
=(15.44 / (15.44 + 33.81)) / (16.72 / (16.72 + 19.25))
=0.313503 / 0.464832
=0.6744

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 / 7689.51) / (76.56 / 5496.82)
=0 / 0.013928
=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)
=((267.15 + 3826.44) / 23514.62) / ((239.45 + 2340.49) / 12186.01)
=0.174087 / 0.211713
=0.8223

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
=(2370.85 - 0 - -3258.48) / 23514.62
=0.239397

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.

Sri Lotus Developers And Realty has a M-score of -0.68 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 -0.68 mean?
Sri Lotus Developers And Realty (BOM:544469) has a Beneish M-Score of -0.68 as of Jul. 03, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sri Lotus Developers And Realty and its competitors. According to the industry distribution chart, Sri Lotus Developers And Realty ranks #1597 out of 1700 companies in the Construction industry, placing it in the top 93.9%.
Is Sri Lotus Developers And Realty's Beneish M-Score too high?
Sri Lotus Developers And Realty's current Beneish M-Score is -0.68. Based on the distribution chart, Sri Lotus Developers And Realty ranks #1597 out of 1700 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Sri Lotus Developers And Realty has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Sri Lotus Developers And Realty's Beneish M-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Sri Lotus Developers And Realty ranks #1597 out of 1700 companies for Beneish M-Score. This places Sri Lotus Developers And Realty 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 Construction company?
A good Beneish M-Score depends on the Construction 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 Sri Lotus Developers And Realty and its competitors. Sri Lotus Developers And Realty's current Beneish M-Score is -0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sri Lotus Developers And Realty stock overvalued right now?
Sri Lotus Developers And Realty (BOM:544469) has a current Beneish M-Score of -0.68. The current Beneish M-Score is -0.68. Sri Lotus Developers And Realty's overall GF Score™ is 21/100 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 Sri Lotus Developers And Realty (BOM:544469), the current Beneish M-Score is -0.68 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.

Sri Lotus Developers And Realty Business Description

Other Exchanges LOTUSDEV:India
Address N S Road No. 12/A, 5th & 6th Floor, Lotus Tower, 1 Jai Hind Society, JVPD Scheme, Juhu, Mumbai, MH, IND, 400049
Sri Lotus Developers And Realty Ltd is a developer of residential and commercial premises in Mumbai, Maharashtra, with a focus in Redevelopment Projects in the Ultra Luxury Segment and Luxury Segment in the western suburbs. Its Projects can be bifurcated into the following three categories.: Greenfield Projects, Redevelopment Projects, and Joint Development Projects.
21GF Score

Get the complete analysis for BOM:544469

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

₹149.90
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