Silverstorm Parks And Resorts (BOM:544840) Beneish M-Score: 0.00 (As of Aug. 31, 2026)

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BOM:544840 Silverstorm Parks And Resorts Ltd BOM:544840
13 GF Score
Price ₹124.15
! 3 Warning Signs
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What is Silverstorm Parks And Resorts Beneish M-Score?

Silverstorm Parks And Resorts BOM:544840 -0.80% 13 Beneish M-Score is 0.00 as of Aug. 31, 2026. GuruFocus rates BOM:544840 with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 822 Travel & Leisure companies, Silverstorm Parks And Resorts ranks worse than 121654.38% 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 Silverstorm Parks And Resorts's Beneish M-Score or its related term are showing as below:

During the past 4 years, the highest Beneish M-Score of Silverstorm Parks And Resorts was 0.00. The lowest was 0.00. And the median was 0.00.

Silverstorm Parks And Resorts Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Silverstorm Parks And Resorts'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.

Silverstorm Parks And Resorts Beneish M-Score Chart

Silverstorm Parks And Resorts Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Beneish M-Score
0.00 0.00 0.00 0.00

Silverstorm Parks And Resorts Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Beneish M-Score 0.00 0.00 0.00 0.00

BOM:544840 vs LVS, MGM, WYNN: Beneish M-Score Comparison

For the Resorts & Casinos subindustry, Silverstorm Parks And Resorts'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.

Silverstorm Parks And Resorts Beneish M-Score vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Silverstorm Parks And Resorts's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Silverstorm Parks And Resorts's Beneish M-Score falls into.


BOM:544840
13GF Score
Silverstorm Parks And Resorts Ltd BOM:544840
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Silverstorm Parks And Resorts 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 Silverstorm Parks And Resorts 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 * 0.5785+0.528 * 0.8589+0.404 * 3.3344+0.892 * 1.417+0.115 * 1.404
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.8762+4.679 * -0.029321-0.327 * 1.4601
=-1.85

* 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 ₹76.3 Mil.
Revenue was ₹393.6 Mil.
Gross Profit was ₹314.0 Mil.
Total Current Assets was ₹144.7 Mil.
Total Assets was ₹2,140.9 Mil.
Property, Plant and Equipment(Net PPE) was ₹1,985.4 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹31.0 Mil.
Selling, General, & Admin. Expense(SGA) was ₹16.7 Mil.
Total Current Liabilities was ₹261.1 Mil.
Long-Term Debt & Capital Lease Obligation was ₹521.0 Mil.
Net Income was ₹190.1 Mil.
Gross Profit was ₹0.0 Mil.
Cash Flow from Operations was ₹252.9 Mil.
 Total Receivables was ₹93.0 Mil.
Revenue was ₹277.8 Mil.
Gross Profit was ₹190.4 Mil.
Total Current Assets was ₹126.7 Mil.
Total Assets was ₹1,516.0 Mil.
Property, Plant and Equipment(Net PPE) was ₹1,387.0 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹30.6 Mil.
Selling, General, & Admin. Expense(SGA) was ₹13.5 Mil.
Total Current Liabilities was ₹135.0 Mil.
Long-Term Debt & Capital Lease Obligation was ₹244.3 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)
=(76.251 / 393.593) / (93.022 / 277.767)
=0.193731 / 0.334892
=0.5785

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)
=(190.363 / 277.767) / (314.04 / 393.593)
=0.685333 / 0.79788
=0.8589

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 - (144.729 + 1985.392) / 2140.922) / (1 - (126.689 + 1387.032) / 1516.014)
=0.005045 / 0.001513
=3.3344

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
=393.593 / 277.767
=1.417

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))
=(30.583 / (30.583 + 1387.032)) / (30.983 / (30.983 + 1985.392))
=0.021574 / 0.015366
=1.404

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)
=(16.706 / 393.593) / (13.456 / 277.767)
=0.042445 / 0.048443
=0.8762

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)
=((521.002 + 261.081) / 2140.922) / ((244.303 + 134.993) / 1516.014)
=0.365302 / 0.250193
=1.4601

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
=(190.079 - 0 - 252.852) / 2140.922
=-0.029321

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.

Silverstorm Parks And Resorts has a M-score of -1.85 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?
Silverstorm Parks And Resorts (BOM:544840) has a Beneish M-Score of 0.00 as of Aug. 31, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Silverstorm Parks And Resorts and its competitors. According to the industry distribution chart, Silverstorm Parks And Resorts ranks #999999 out of 822 companies in the Travel & Leisure industry.
Is Silverstorm Parks And Resorts' Beneish M-Score too high?
Silverstorm Parks And Resorts' current Beneish M-Score is 0.00. Based on the distribution chart, Silverstorm Parks And Resorts ranks #999999 out of 822 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Silverstorm Parks And Resorts has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Silverstorm Parks And Resorts' Beneish M-Score compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Silverstorm Parks And Resorts ranks #999999 out of 822 companies for Beneish M-Score. This places Silverstorm Parks And Resorts 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 Travel & Leisure company?
A good Beneish M-Score depends on the Travel & Leisure 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 Silverstorm Parks And Resorts and its competitors. Silverstorm Parks And Resorts'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 Silverstorm Parks And Resorts stock overvalued right now?
Silverstorm Parks And Resorts (BOM:544840) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Silverstorm Parks And Resorts' overall GF Score™ is 13/100 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 Silverstorm Parks And Resorts (BOM:544840), the current Beneish M-Score is 0.00 as of Aug. 31, 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.

Silverstorm Parks And Resorts Business Description

Address Door No 1/77A, Vettilapara P O Chalakudy, Vettilappara, Chalakudy, Mukundapuram, Thrissur, KL, IND, 680721
Silverstorm Parks And Resorts Ltd is engaged in the development and operation of amusement parks and tourism-related projects. The company operates amusement and entertainment destinations, including an amusement and water park, snow parks, and an integrated resort. Its operations include a theme park near Athirappilly waterfalls in Thrissur, Kerala, a snow park in Jamshedpur, Jharkhand, and a planned snow park and family entertainment center in Lucknow, Uttar Pradesh. The company is also developing an aerial cable car project near Athirappilly waterfalls. Additionally, it operates 8 rooms under the brand "Silver Storm Resort". The majority of the company's revenue is derived from the entry ticket sales of the resort.
13GF 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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