K S Oils (NSE:KSOILS) Beneish M-Score: 0.00 (As of Jun. 27, 2026)


What is K S Oils Beneish M-Score?

K S Oils NSE:KSOILS Beneish M-Score is 0.00 as of Jun. 27, 2026. The stock has 3 warning signs investors should review.

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 K S Oils's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of K S Oils was 0.00. The lowest was 0.00. And the median was 0.00.

K S Oils Beneish M-Score Historical Data

* Premium members only.

The historical data trend for K S Oils'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.

K S Oils Beneish M-Score Chart

K S Oils Annual Data
Trend Jun11 Mar15 Mar16 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

K S Oils Quarterly Data
Mar15 Mar16 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

K S Oils Beneish M-Score Competitor Comparison

For the Packaged Foods subindustry, K S Oils'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.

K S Oils Beneish M-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, K S Oils's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where K S Oils's Beneish M-Score falls into.


K S Oils 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 K S Oils 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 ₹163 Mil.
Revenue was ₹1,032 Mil.
Gross Profit was ₹68 Mil.
Total Current Assets was ₹1,033 Mil.
Total Assets was ₹3,998 Mil.
Property, Plant and Equipment(Net PPE) was ₹2,885 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹229 Mil.
Selling, General, & Admin. Expense(SGA) was ₹37 Mil.
Total Current Liabilities was ₹3,570 Mil.
Long-Term Debt & Capital Lease Obligation was ₹257 Mil.
Net Income was ₹-140 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹-444 Mil.
 Total Receivables was ₹1 Mil.
Revenue was ₹0 Mil.
Gross Profit was ₹0 Mil.
Total Current Assets was ₹30 Mil.
Total Assets was ₹2,510 Mil.
Property, Plant and Equipment(Net PPE) was ₹2,471 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹214 Mil.
Selling, General, & Admin. Expense(SGA) was ₹9 Mil.
Total Current Liabilities was ₹2,199 Mil.
Long-Term Debt & Capital Lease Obligation was ₹-2,599 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)
=(163 / 1031.5) / (0.8 / 0)
=0.158022 /
=

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)
=(0 / 0) / (67.5 / 1031.5)
= / 0.065439
=

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 - (1032.7 + 2884.6) / 3998.4) / (1 - (30.4 + 2471) / 2510.1)
=0.020283 / 0.003466
=

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
=1031.5 / 0
=

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))
=(213.9 / (213.9 + 2471)) / (228.9 / (228.9 + 2884.6))
=0.079668 / 0.073519
=

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)
=(37.2 / 1031.5) / (9.3 / 0)
=0.036064 /
=

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)
=((256.8 + 3570.2) / 3998.4) / ((-2598.8 + 2198.7) / 2510.1)
=0.957133 / -0.159396
=

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
=(-140 - 0 - -444) / 3998.4
=0.07603

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
K S Oils (NSE:KSOILS) has a Beneish M-Score of 0.00 as of Jun. 27, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on K S Oils and its competitors.
Is K S Oils' Beneish M-Score too high?
K S Oils' current Beneish M-Score is 0.00.
How does K S Oils' Beneish M-Score compare to competitors?
K S Oils' Beneish M-Score of 0.00 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Beneish M-Score depends on the Consumer Packaged Goods 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 K S Oils and its competitors. K S Oils'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 K S Oils stock overvalued right now?
K S Oils (NSE:KSOILS) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 K S Oils (NSE:KSOILS), the current Beneish M-Score is 0.00 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.

K S Oils Business Description

Address Jiwajiganj, Morena, MP, IND, 476001
K S Oils Ltd is an integrated edible oil company. The Company is engaged in manufacturing of mustard oil which is considered as the only reportable business segment. Since, the Company is under Liquidation, the Company has not carried out any other operations.