Epack Prefab Technologies (NSE:EPACKPEB) Beneish M-Score: -1.75 (As of Jun. 27, 2026)


NSE:EPACKPEB Epack Prefab Technologies Ltd NSE:EPACKPEB
18 GF Score
Price ₹239.96
! 3 Warning Signs
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What is Epack Prefab Technologies Beneish M-Score?

Epack Prefab Technologies NSE:EPACKPEB -5.71% 18 Beneish M-Score is -1.75 as of Jun. 27, 2026. GuruFocus rates NSE:EPACKPEB with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,704 Construction companies, Epack Prefab Technologies ranks worse than 82.81% 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 -1.75 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Epack Prefab Technologies's Beneish M-Score or its related term are showing as below:

NSE:EPACKPEB' s Beneish M-Score Range Over the Past 10 Years
Min: -2.69   Med: -1.95   Max: -1.75
Current: -1.75

During the past 5 years, the highest Beneish M-Score of Epack Prefab Technologies was -1.75. The lowest was -2.69. And the median was -1.95.

Epack Prefab Technologies Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Epack Prefab Technologies'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.

Epack Prefab Technologies Beneish M-Score Chart

Epack Prefab Technologies Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
0.00 0.00 -2.69 -1.95 -1.75

Epack Prefab Technologies Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial 0.00 0.00 -1.95 0.00 -1.75

NSE:EPACKPEB vs PWR, FIX, EME: Beneish M-Score Comparison

For the Engineering & Construction subindustry, Epack Prefab Technologies'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.

Epack Prefab Technologies Beneish M-Score vs Construction Industry

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

* The bar in red indicates where Epack Prefab Technologies's Beneish M-Score falls into.


NSE:EPACKPEB
18GF Score
Epack Prefab Technologies Ltd NSE:EPACKPEB
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Epack Prefab Technologies 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 Epack Prefab Technologies 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 * 1.1254+0.528 * 1.0275+0.404 * 1.4656+0.892 * 1.3452+0.115 * 1.0265
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0+4.679 * -0.030179-0.327 * 0.788
=-1.75

* 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 ₹3,157 Mil.
Revenue was ₹15,253 Mil.
Gross Profit was ₹5,096 Mil.
Total Current Assets was ₹9,873 Mil.
Total Assets was ₹14,269 Mil.
Property, Plant and Equipment(Net PPE) was ₹4,133 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹230 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0 Mil.
Total Current Liabilities was ₹6,167 Mil.
Long-Term Debt & Capital Lease Obligation was ₹364 Mil.
Net Income was ₹926 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹1,357 Mil.
 Total Receivables was ₹2,085 Mil.
Revenue was ₹11,339 Mil.
Gross Profit was ₹3,893 Mil.
Total Current Assets was ₹6,163 Mil.
Total Assets was ₹9,310 Mil.
Property, Plant and Equipment(Net PPE) was ₹3,031 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹173 Mil.
Selling, General, & Admin. Expense(SGA) was ₹388 Mil.
Total Current Liabilities was ₹4,352 Mil.
Long-Term Debt & Capital Lease Obligation was ₹1,056 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)
=(3156.587 / 15253.168) / (2085.04 / 11339.172)
=0.206946 / 0.183879
=1.1254

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)
=(3892.828 / 11339.172) / (5096.469 / 15253.168)
=0.343308 / 0.334125
=1.0275

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 - (9872.731 + 4133.481) / 14269.042) / (1 - (6162.55 + 3030.66) / 9310.22)
=0.01842 / 0.012568
=1.4656

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
=15253.168 / 11339.172
=1.3452

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))
=(173.065 / (173.065 + 3030.66)) / (229.607 / (229.607 + 4133.481))
=0.05402 / 0.052625
=1.0265

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 / 15253.168) / (388.01 / 11339.172)
=0 / 0.034219
=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)
=((363.628 + 6167.052) / 14269.042) / ((1055.54 + 4351.88) / 9310.22)
=0.457682 / 0.580805
=0.788

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
=(926.379 - 0 - 1357.005) / 14269.042
=-0.030179

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.

Epack Prefab Technologies has a M-score of -1.75 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 -1.75 mean?
Epack Prefab Technologies (NSE:EPACKPEB) has a Beneish M-Score of -1.75 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Epack Prefab Technologies and its competitors. According to the industry distribution chart, Epack Prefab Technologies ranks #1411 out of 1704 companies in the Construction industry, placing it in the top 82.8%.
Is Epack Prefab Technologies' Beneish M-Score too high?
Epack Prefab Technologies' current Beneish M-Score is -1.75. Based on the distribution chart, Epack Prefab Technologies ranks #1411 out of 1704 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Epack Prefab Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Epack Prefab Technologies' Beneish M-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Epack Prefab Technologies ranks #1411 out of 1704 companies for Beneish M-Score. This places Epack Prefab Technologies 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 Epack Prefab Technologies and its competitors. Epack Prefab Technologies's current Beneish M-Score is -1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Epack Prefab Technologies stock overvalued right now?
Epack Prefab Technologies (NSE:EPACKPEB) has a current Beneish M-Score of -1.75. The current Beneish M-Score is -1.75. Epack Prefab Technologies' overall GF Score™ is 18/100 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 Epack Prefab Technologies (NSE:EPACKPEB), the current Beneish M-Score is -1.75 as of Jun. 27, 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.

Epack Prefab Technologies Business Description

Other Exchanges 544540:India
Address B-13 & 14, Ecotech-1st Extension, Gautam Buddha Nagar, Greater Noida, UP, IND, 201306
Epack Prefab Technologies Ltd is engaged in engineering, fabrication, and project management, offering comprehensive pre-engineered building solutions for a diverse range of industries. In addition to pre-engineered steel buildings, it has manufacturing facilities for cold roll-formed sections in various intricate profiles. The group caters to a wide spectrum of industries, including airport terminals, logistics, construction, automobiles, railways, material handling, power generation, hospitals, schools, and more. Its products are Pre-Engineered Buildings, Modular Buildings, Light Gauge Steel Framing, Sandwich Panels, Standard Modular Solutions, and EPC Solutions.
18GF 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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