Sugs Lloyd (BOM:544501) Beneish M-Score: 0.00 (As of Jul. 26, 2026)

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BOM:544501 Sugs Lloyd Ltd BOM:544501
16 GF Score
Price ₹132.00
! 1 Warning Sign
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What is Sugs Lloyd Beneish M-Score?

Sugs Lloyd BOM:544501 -2.00% 16 Beneish M-Score is 0.00 as of Jul. 26, 2026. GuruFocus rates BOM:544501 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 1,697 Construction companies, Sugs Lloyd ranks worse than 58927.46% 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 Sugs Lloyd's Beneish M-Score or its related term are showing as below:

During the past 5 years, the highest Beneish M-Score of Sugs Lloyd was 0.00. The lowest was 0.00. And the median was 0.00.

Sugs Lloyd Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Sugs Lloyd'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.

Sugs Lloyd Beneish M-Score Chart

Sugs Lloyd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
0.00 0.00 0.00 0.00 0.00

Sugs Lloyd Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.32 0.00

BOM:544501 vs PWR, FIX, EME: Beneish M-Score Comparison

For the Engineering & Construction subindustry, Sugs Lloyd'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.

Sugs Lloyd Beneish M-Score vs Construction Industry

For the Construction industry and Industrials sector, Sugs Lloyd's Beneish M-Score distribution charts can be found below:

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


BOM:544501
16GF Score
Sugs Lloyd Ltd BOM:544501
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sugs Lloyd 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 Sugs Lloyd 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Dec24) TTM:
Total Receivables was ₹1,642 Mil.
Revenue was 1776.949 + 625.714 + 0 + 1128.379 = ₹3,531 Mil.
Gross Profit was 662.732 + 277.36 + 0 + 453.699 = ₹1,394 Mil.
Total Current Assets was ₹2,176 Mil.
Total Assets was ₹2,696 Mil.
Property, Plant and Equipment(Net PPE) was ₹12 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹5 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0 Mil.
Total Current Liabilities was ₹1,275 Mil.
Long-Term Debt & Capital Lease Obligation was ₹2 Mil.
Net Income was 169.881 + 61.1 + 0 + 100.356 = ₹331 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = ₹0 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = ₹0 Mil.
 Total Receivables was ₹0 Mil.
Revenue was 521.901 + 378.677 + 254.93 + 0 = ₹1,156 Mil.
Gross Profit was 240.022 + 189.919 + 96.215 + 0 = ₹526 Mil.
Total Current Assets was ₹0 Mil.
Total Assets was ₹0 Mil.
Property, Plant and Equipment(Net PPE) was ₹0 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹3 Mil.
Selling, General, & Admin. Expense(SGA) was ₹8 Mil.
Total Current Liabilities was ₹0 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)
=(1641.914 / 3531.042) / (0 / 1155.508)
=0.464994 / 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)
=(526.156 / 1155.508) / (1393.791 / 3531.042)
=0.455346 / 0.394725
=

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 - (2176.343 + 12.471) / 2696.278) / (1 - (0 + 0) / 0)
=0.188209 /
=

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
=3531.042 / 1155.508
=

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))
=(2.569 / (2.569 + 0)) / (5.361 / (5.361 + 12.471))
=1 / 0.300639
=

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 / 3531.042) / (8.134 / 1155.508)
=0 / 0.007039
=

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)
=((2.092 + 1275.095) / 2696.278) / ((0 + 0) / 0)
=0.473685 /
=

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
=(331.337 - 0 - 0) / 2696.278
=0.122887

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?
Sugs Lloyd (BOM:544501) has a Beneish M-Score of 0.00 as of Jul. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sugs Lloyd and its competitors. According to the industry distribution chart, Sugs Lloyd ranks #999999 out of 1697 companies in the Construction industry.
Is Sugs Lloyd's Beneish M-Score too high?
Sugs Lloyd's current Beneish M-Score is 0.00. Based on the distribution chart, Sugs Lloyd ranks #999999 out of 1697 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Sugs Lloyd has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Sugs Lloyd's Beneish M-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Sugs Lloyd ranks #999999 out of 1697 companies for Beneish M-Score. This places Sugs Lloyd 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 Sugs Lloyd and its competitors. Sugs Lloyd'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 Sugs Lloyd stock overvalued right now?
Sugs Lloyd (BOM:544501) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Sugs Lloyd's overall GF Score™ is 16/100 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 Sugs Lloyd (BOM:544501), the current Beneish M-Score is 0.00 as of Jul. 26, 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.

Sugs Lloyd Business Description

Address Sector 2, C 96 First Floor, C Block, Gautam Buddha Nagar, Noida, UP, IND, 201301
Sugs Lloyd Ltd operates in the renewable energy sector, with a primary focus on solar energy, electrical transmission and distribution, and civil EPC projects. It provides a wide range of services, including the development of power transmission and distribution infrastructure, construction of power substations, and the renovation, upgrading, and modification of existing power systems. It also engages in providing solutions for Outage Management Solutions using fault passage indicators, auto reclosers, and sectionalizers to various electricity DISCOMs. The product range includes Auto Reclosers, Sectionalisers, Fault Passage Indicators, Cable Joints, and Terminations.
16GF Score

Get the complete analysis for BOM:544501

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

₹132.00
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