Wework India Management (BOM:544570) Beneish M-Score: 0.00 (As of Sep. 21, 2026)

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BOM:544570 Wework India Management Ltd BOM:544570
8 GF Score
Price ₹681.90
! 4 Warning Signs
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What is Wework India Management Beneish M-Score?

Wework India Management BOM:544570 -0.08% 8 Beneish M-Score is 0.00 as of Sep. 21, 2026. GuruFocus rates BOM:544570 with a GF Score™ of 8/100. The stock has 4 warning signs investors should review. Among 1,677 Real Estate companies, Wework India Management ranks worse than 59630.23% 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 Wework India Management's Beneish M-Score or its related term are showing as below:

During the past 5 years, the highest Beneish M-Score of Wework India Management was 0.00. The lowest was 0.00. And the median was 0.00.

Wework India Management Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Wework India Management'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.

Wework India Management Beneish M-Score Chart

Wework India Management Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
- -4.73 -3.80 -3.04 -4.03

Wework India Management Quarterly Data
Mar25 Sep25 Dec25 Mar26 Jun26
Beneish M-Score - - - - -

BOM:544570 vs CBRE, BEKE, JLL: Beneish M-Score Comparison

For the Real Estate Services subindustry, Wework India Management'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.

Wework India Management Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Wework India Management's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Wework India Management's Beneish M-Score falls into.


BOM:544570
8GF Score
Wework India Management Ltd BOM:544570
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wework India Management 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 Wework India Management 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 * 0.3638+0.528 * 0.8726+0.404 * 0.8722+0.892 * 1.2519+0.115 * 1.1194
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.0463+4.679 * -0.228897-0.327 * 1.0022
=-4.03

* 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 ₹1,318 Mil.
Revenue was ₹24,402 Mil.
Gross Profit was ₹6,967 Mil.
Total Current Assets was ₹5,921 Mil.
Total Assets was ₹71,070 Mil.
Property, Plant and Equipment(Net PPE) was ₹58,346 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹9,675 Mil.
Selling, General, & Admin. Expense(SGA) was ₹843 Mil.
Total Current Liabilities was ₹17,879 Mil.
Long-Term Debt & Capital Lease Obligation was ₹48,029 Mil.
Net Income was ₹723 Mil.
Gross Profit was ₹ Mil.
Cash Flow from Operations was ₹16,991 Mil.
 Total Receivables was ₹2,895 Mil.
Revenue was ₹19,492 Mil.
Gross Profit was ₹4,856 Mil.
Total Current Assets was ₹4,613 Mil.
Total Assets was ₹54,047 Mil.
Property, Plant and Equipment(Net PPE) was ₹43,502 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹8,237 Mil.
Selling, General, & Admin. Expense(SGA) was ₹644 Mil.
Total Current Liabilities was ₹13,927 Mil.
Long-Term Debt & Capital Lease Obligation was ₹36,084 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)
=(1318.46 / 24401.8) / (2894.82 / 19492.11)
=0.054031 / 0.148512
=0.3638

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)
=(4856.12 / 19492.11) / (6966.87 / 24401.8)
=0.249133 / 0.285506
=0.8726

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 - (5920.62 + 58346.2) / 71070.22) / (1 - (4612.63 + 43502.22) / 54046.64)
=0.095728 / 0.109753
=0.8722

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
=24401.8 / 19492.11
=1.2519

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))
=(8237.3 / (8237.3 + 43502.22)) / (9674.62 / (9674.62 + 58346.2))
=0.159207 / 0.14223
=1.1194

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)
=(843.14 / 24401.8) / (643.68 / 19492.11)
=0.034552 / 0.033023
=1.0463

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)
=((48029.2 + 17878.67) / 71070.22) / ((36084.47 + 13927.29) / 54046.64)
=0.927363 / 0.925344
=1.0022

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
=(722.95 - 0 - 16990.71) / 71070.22
=-0.228897

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.

Wework India Management has a M-score of -4.03 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 0.00 mean?
Wework India Management (BOM:544570) has a Beneish M-Score of 0.00 as of Sep. 21, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Wework India Management and its competitors. According to the industry distribution chart, Wework India Management ranks #999999 out of 1677 companies in the Real Estate industry.
Is Wework India Management's Beneish M-Score too high?
Wework India Management's current Beneish M-Score is 0.00. Based on the distribution chart, Wework India Management ranks #999999 out of 1677 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Wework India Management has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Wework India Management's Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Wework India Management ranks #999999 out of 1677 companies for Beneish M-Score. This places Wework India Management 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 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 Wework India Management and its competitors. Wework India Management'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 Wework India Management stock overvalued right now?
Wework India Management (BOM:544570) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Wework India Management's overall GF Score™ is 8/100 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 Wework India Management (BOM:544570), the current Beneish M-Score is 0.00 as of Sep. 21, 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.

Wework India Management Business Description

Other Exchanges WEWORK:India
Address Infantry Road, 6th Floor, Prestige Central 36, Shivaji Nagar, Bengaluru, KA, IND, 560 001
Wework India Management Ltd is a premium flexible workspace operator in India. It provides flexible, high-quality workspaces to its customers which include companies of all sizes: large enterprises, small and mid-size businesses, startups, as well as individuals. The company's portfolio comprised approximately 114,077 desks across 68 Operational Centres with an aggregate Leasable Area for Operational Centres of 7.67 million square feet. It offers a comprehensive mix of flexible workspace solutions, including a mix of custom designed buildings, floors and offices, enterprise office suites, customized managed offices, private offices, co-working spaces, and hybrid digital solutions.
8GF Score

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

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