Cash UR Drive Marketing (NSE:CUDML) Beneish M-Score: -0.53 (As of Jun. 26, 2026)


NSE:CUDML Cash UR Drive Marketing Ltd NSE:CUDML
19 GF Score
Price ₹183.75
! 7 Warning Signs
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What is Cash UR Drive Marketing Beneish M-Score?

Cash UR Drive Marketing NSE:CUDML -2.73% 19 Beneish M-Score is -0.53 as of Jun. 26, 2026. GuruFocus rates NSE:CUDML with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 989 Media - Diversified companies, Cash UR Drive Marketing ranks worse than 92.01% 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 -0.53 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Cash UR Drive Marketing's Beneish M-Score or its related term are showing as below:

NSE:CUDML' s Beneish M-Score Range Over the Past 10 Years
Min: -0.53   Med: -0.53   Max: -0.53
Current: -0.53

During the past 3 years, the highest Beneish M-Score of Cash UR Drive Marketing was -0.53. The lowest was -0.53. And the median was -0.53.

Cash UR Drive Marketing Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Cash UR Drive Marketing'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.

Cash UR Drive Marketing Beneish M-Score Chart

Cash UR Drive Marketing Annual Data
Trend Mar23 Mar24 Mar25
Beneish M-Score
0.00 0.00 -0.53

Cash UR Drive Marketing Semi-Annual Data
Mar23 Mar24 Mar25
Beneish M-Score 0.00 0.00 -0.53

NSE:CUDML vs APP, OMC, TTD: Beneish M-Score Comparison

For the Advertising Agencies subindustry, Cash UR Drive Marketing'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.

Cash UR Drive Marketing Beneish M-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cash UR Drive Marketing's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Cash UR Drive Marketing's Beneish M-Score falls into.


NSE:CUDML
19GF Score
Cash UR Drive Marketing Ltd NSE:CUDML
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Cash UR Drive Marketing 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 Cash UR Drive Marketing 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 * 0.6644+0.528 * 0.7959+0.404 * 1.3484+0.892 * 1.4861+0.115 * 1.374
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9576+4.679 * 0.339759-0.327 * 0.54
=-0.53

* 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 (Mar25) TTM:Last Year (Mar24) TTM:
Total Receivables was ₹391 Mil.
Revenue was ₹1,393 Mil.
Gross Profit was ₹371 Mil.
Total Current Assets was ₹601 Mil.
Total Assets was ₹944 Mil.
Property, Plant and Equipment(Net PPE) was ₹31 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹2 Mil.
Selling, General, & Admin. Expense(SGA) was ₹13 Mil.
Total Current Liabilities was ₹379 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Net Income was ₹177 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹-144 Mil.
 Total Receivables was ₹396 Mil.
Revenue was ₹938 Mil.
Gross Profit was ₹199 Mil.
Total Current Assets was ₹682 Mil.
Total Assets was ₹934 Mil.
Property, Plant and Equipment(Net PPE) was ₹23 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹2 Mil.
Selling, General, & Admin. Expense(SGA) was ₹9 Mil.
Total Current Liabilities was ₹692 Mil.
Long-Term Debt & Capital Lease Obligation was ₹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)
=(391.123 / 1393.239) / (396.135 / 937.509)
=0.280729 / 0.42254
=0.6644

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)
=(198.603 / 937.509) / (370.855 / 1393.239)
=0.211841 / 0.266182
=0.7959

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 - (600.705 + 30.897) / 943.876) / (1 - (681.569 + 22.942) / 933.569)
=0.330842 / 0.245357
=1.3484

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
=1393.239 / 937.509
=1.4861

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))
=(2.029 / (2.029 + 22.942)) / (1.942 / (1.942 + 30.897))
=0.081254 / 0.059137
=1.374

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)
=(13.037 / 1393.239) / (9.16 / 937.509)
=0.009357 / 0.009771
=0.9576

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 + 379.361) / 943.876) / ((2.74 + 692.085) / 933.569)
=0.401918 / 0.744267
=0.54

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
=(176.76 - 0 - -143.93) / 943.876
=0.339759

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.

Cash UR Drive Marketing has a M-score of -0.53 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 -0.53 mean?
Cash UR Drive Marketing (NSE:CUDML) has a Beneish M-Score of -0.53 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Cash UR Drive Marketing and its competitors. According to the industry distribution chart, Cash UR Drive Marketing ranks #910 out of 989 companies in the Media - Diversified industry, placing it in the top 92%.
Is Cash UR Drive Marketing's Beneish M-Score too high?
Cash UR Drive Marketing's current Beneish M-Score is -0.53. Based on the distribution chart, Cash UR Drive Marketing ranks #910 out of 989 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Cash UR Drive Marketing has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Cash UR Drive Marketing's Beneish M-Score compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Cash UR Drive Marketing ranks #910 out of 989 companies for Beneish M-Score. This places Cash UR Drive Marketing 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 Media - Diversified company?
A good Beneish M-Score depends on the Media - Diversified 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 Cash UR Drive Marketing and its competitors. Cash UR Drive Marketing's current Beneish M-Score is -0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cash UR Drive Marketing stock overvalued right now?
Cash UR Drive Marketing (NSE:CUDML) has a current Beneish M-Score of -0.53. The current Beneish M-Score is -0.53. Cash UR Drive Marketing's overall GF Score™ is 19/100 with 7 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 Cash UR Drive Marketing (NSE:CUDML), the current Beneish M-Score is -0.53 as of Jun. 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.

Cash UR Drive Marketing Business Description

Address Plot C-01, Sector-16, 1103-1104, 11th Floor, World Trade Tower - B, Gautam Buddha Nagar, Noida, UP, IND, 201301
Cash UR Drive Marketing Ltd is an Out of Home (OOH) advertising company offering advertising solutions, including Transit Media, Outdoor Media, Print Media, and Digital Media Services, tailored to help its clients effectively reach their target audience. It offers end-to-end services which include assisting clients in selecting suitable advertising channels within their budget and regional preferences, designing advertisements, managing negotiations and bookings of ad-space with chosen media agencies, and also acting as intermediaries connecting clients with relevant media outlets. The company has only one primary business segment of dealing in the business of advertising and publicity, and also has only one geographical segment, India.
19GF 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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