Global Pet Industries (NSE:GLOBALPET) Beneish M-Score: -0.91 (As of Jun. 26, 2026)


NSE:GLOBALPET Global Pet Industries Ltd NSE:GLOBALPET
62 GF Score
Price ₹150.00
GF Value ₹138.71
Valuation Fairly Valued
! 3 Warning Signs
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What is Global Pet Industries Beneish M-Score?

Global Pet Industries NSE:GLOBALPET +3.45% 62 Beneish M-Score is -0.91 as of Jun. 26, 2026. GuruFocus rates NSE:GLOBALPET with a GF Score™ of 62/100 and a GF Value™ of ₹138.71 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,926 Industrial Products companies, Global Pet Industries ranks worse than 93.81% 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 -0.91 higher than -1.78, which implies that the company might have manipulated its financial results.

The historical rank and industry rank for Global Pet Industries's Beneish M-Score or its related term are showing as below:

NSE:GLOBALPET' s Beneish M-Score Range Over the Past 10 Years
Min: -2.28   Med: -0.91   Max: -0.56
Current: -0.91

During the past 7 years, the highest Beneish M-Score of Global Pet Industries was -0.56. The lowest was -2.28. And the median was -0.91.

Global Pet Industries Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Global Pet Industries'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.

Global Pet Industries Beneish M-Score Chart

Global Pet Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial -2.11 -0.56 -0.65 -2.28 -0.91

Global Pet Industries Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only -0.65 0.00 -2.28 0.00 -0.91

NSE:GLOBALPET vs GEV, ETN, PH: Beneish M-Score Comparison

For the Specialty Industrial Machinery subindustry, Global Pet Industries'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.

Global Pet Industries Beneish M-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Pet Industries's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Global Pet Industries's Beneish M-Score falls into.


NSE:GLOBALPET
62GF Score
Global Pet Industries Ltd NSE:GLOBALPET
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Pet Industries 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 Global Pet Industries 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 * 1.329+0.528 * 1.1276+0.404 * 3.3248+0.892 * 1.2366+0.115 * 1.5955
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0+4.679 * -0.02526-0.327 * 1.2259
=-0.91

* 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 ₹27.1 Mil.
Revenue was ₹555.7 Mil.
Gross Profit was ₹187.8 Mil.
Total Current Assets was ₹466.2 Mil.
Total Assets was ₹701.1 Mil.
Property, Plant and Equipment(Net PPE) was ₹197.6 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹1.9 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0.0 Mil.
Total Current Liabilities was ₹137.2 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.
Net Income was ₹53.0 Mil.
Gross Profit was ₹0.0 Mil.
Cash Flow from Operations was ₹70.7 Mil.
 Total Receivables was ₹16.5 Mil.
Revenue was ₹449.4 Mil.
Gross Profit was ₹171.3 Mil.
Total Current Assets was ₹468.4 Mil.
Total Assets was ₹610.9 Mil.
Property, Plant and Equipment(Net PPE) was ₹132.8 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹2.0 Mil.
Selling, General, & Admin. Expense(SGA) was ₹10.8 Mil.
Total Current Liabilities was ₹97.5 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0.0 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)
=(27.096 / 555.745) / (16.488 / 449.429)
=0.048756 / 0.036687
=1.329

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)
=(171.277 / 449.429) / (187.82 / 555.745)
=0.381099 / 0.337961
=1.1276

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 - (466.219 + 197.628) / 701.106) / (1 - (468.398 + 132.769) / 610.932)
=0.053143 / 0.015984
=3.3248

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
=555.745 / 449.429
=1.2366

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))
=(2.006 / (2.006 + 132.769)) / (1.861 / (1.861 + 197.628))
=0.014884 / 0.009329
=1.5955

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 / 555.745) / (10.79 / 449.429)
=0 / 0.024008
=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)
=((0 + 137.222) / 701.106) / ((0 + 97.538) / 610.932)
=0.195722 / 0.159654
=1.2259

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
=(52.986 - 0 - 70.696) / 701.106
=-0.02526

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.

Global Pet Industries has a M-score of -0.91 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 -0.91 mean?
Global Pet Industries (NSE:GLOBALPET) has a Beneish M-Score of -0.91 as of Jun. 26, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Global Pet Industries and its competitors. According to the industry distribution chart, Global Pet Industries ranks #2745 out of 2926 companies in the Industrial Products industry, placing it in the top 93.8%.
Is Global Pet Industries' Beneish M-Score too high?
Global Pet Industries' current Beneish M-Score is -0.91. Based on the distribution chart, Global Pet Industries ranks #2745 out of 2926 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Global Pet Industries has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Pet Industries' Beneish M-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Global Pet Industries ranks #2745 out of 2926 companies for Beneish M-Score. This places Global Pet Industries 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 an Industrial Products company?
A good Beneish M-Score depends on the Industrial Products 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 Global Pet Industries and its competitors. Global Pet Industries's current Beneish M-Score is -0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Pet Industries stock overvalued right now?
Based on GuruFocus' analysis, Global Pet Industries (NSE:GLOBALPET) is currently considered Fairly Valued. The stock's GF Value™ is ₹138.71, compared to a current price of ₹150.00 — trading 8.1% above its estimated fair value. The current Beneish M-Score is -0.91. Global Pet Industries' overall GF Score™ is 62/100 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 Global Pet Industries (NSE:GLOBALPET), the current Beneish M-Score is -0.91 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.

Is Global Pet Industries (NSE:GLOBALPET) Overvalued in 2026?

Based on GuruFocus' analysis, Global Pet Industries stock appears to be overvalued. The current stock price of ₹150.00 is trading 8.1% above its estimated GF Value™ of ₹138.71. GuruFocus considers Global Pet Industries to be Fairly Valued.

Key valuation signals for NSE:GLOBALPET:

  • Beneish M-Score: -0.91
  • GF Value™: ₹138.71 vs. price of ₹150.00 (8.1% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the NSE:GLOBALPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Global Pet Industries Business Description

Address Golani Naka, Unit No. 108 and 109, Karishma Industrial Estate, Dhumal Nagar, Village Waliv, Vasai-Virar, Vasai East, Palghar, Vasai, MH, IND, 401208
Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machines which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.
62GF Score

Get the complete analysis for NSE:GLOBALPET

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

₹150.00
Price
₹138.71
GF Value