Precision Camshafts (NSE:PRECAM) Beneish M-Score: -2.85 (As of Jun. 24, 2026)


NSE:PRECAM Precision Camshafts Ltd NSE:PRECAM
75 GF Score
Price ₹154.85
GF Value ₹165.09
Valuation Fairly Valued
! 2 Warning Signs
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What is Precision Camshafts Beneish M-Score?

Precision Camshafts NSE:PRECAM +2.86% 75 Beneish M-Score is -2.85 as of Jun. 24, 2026. GuruFocus rates NSE:PRECAM with a GF Score™ of 75/100 and a GF Value™ of ₹165.09 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,273 Vehicles & Parts companies, Precision Camshafts ranks better than 77.69% 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.

Good Sign:

Beneish M-Score -2.85 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

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

NSE:PRECAM' s Beneish M-Score Range Over the Past 10 Years
Min: -3.2   Med: -2.65   Max: -1.9
Current: -2.85

During the past 13 years, the highest Beneish M-Score of Precision Camshafts was -1.90. The lowest was -3.20. And the median was -2.65.


Precision Camshafts Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Precision Camshafts'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.

Precision Camshafts Beneish M-Score Chart

Precision Camshafts Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.68 -2.50 -3.11 -2.94 -2.85

Precision Camshafts Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -2.94 0.00 0.00 0.00 -2.85

NSE:PRECAM vs ORLY, AZO: Beneish M-Score Comparison

For the Auto Parts subindustry, Precision Camshafts'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.


Precision Camshafts Beneish M-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Precision Camshafts's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Precision Camshafts's Beneish M-Score falls into.


NSE:PRECAM
75GF Score
Precision Camshafts Ltd NSE:PRECAM
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precision Camshafts 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 Precision Camshafts 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 * 0.8522+0.528 * 0.9972+0.404 * 0.6737+0.892 * 0.8931+0.115 * 1.3143
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0+4.679 * -0.065588-0.327 * 0.7074
=-2.85

* 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 ₹1,253 Mil.
Revenue was ₹7,729 Mil.
Gross Profit was ₹5,073 Mil.
Total Current Assets was ₹6,647 Mil.
Total Assets was ₹10,495 Mil.
Property, Plant and Equipment(Net PPE) was ₹3,548 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹455 Mil.
Selling, General, & Admin. Expense(SGA) was ₹0 Mil.
Total Current Liabilities was ₹1,740 Mil.
Long-Term Debt & Capital Lease Obligation was ₹93 Mil.
Net Income was ₹512 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹1,201 Mil.
Total Receivables was ₹1,646 Mil.
Revenue was ₹8,654 Mil.
Gross Profit was ₹5,664 Mil.
Total Current Assets was ₹7,117 Mil.
Total Assets was ₹10,847 Mil.
Property, Plant and Equipment(Net PPE) was ₹3,269 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹574 Mil.
Selling, General, & Admin. Expense(SGA) was ₹353 Mil.
Total Current Liabilities was ₹2,558 Mil.
Long-Term Debt & Capital Lease Obligation was ₹119 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)
=(1253.158 / 7728.757) / (1646.399 / 8653.622)
=0.162142 / 0.190255
=0.8522

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)
=(5664.017 / 8653.622) / (5073.091 / 7728.757)
=0.654526 / 0.656392
=0.9972

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 - (6646.987 + 3548.103) / 10495.33) / (1 - (7116.97 + 3269.3) / 10846.825)
=0.028607 / 0.04246
=0.6737

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
=7728.757 / 8653.622
=0.8931

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))
=(573.53 / (573.53 + 3269.3)) / (454.526 / (454.526 + 3548.103))
=0.149247 / 0.113557
=1.3143

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 / 7728.757) / (352.563 / 8653.622)
=0 / 0.040742
=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)
=((93.047 + 1739.655) / 10495.33) / ((119.417 + 2558.04) / 10846.825)
=0.174621 / 0.246842
=0.7074

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
=(512.453 - 0 - 1200.823) / 10495.33
=-0.065588

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.

Precision Camshafts has a M-score of -2.85 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 -2.85 mean?
Precision Camshafts (NSE:PRECAM) has a Beneish M-Score of -2.85 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Precision Camshafts and its competitors. According to the industry distribution chart, Precision Camshafts ranks #284 out of 1273 companies in the Vehicles & Parts industry, placing it in the top 22.3%.
Is Precision Camshafts' Beneish M-Score too high?
Precision Camshafts' current Beneish M-Score is -2.85. Based on the distribution chart, Precision Camshafts ranks #284 out of 1273 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Precision Camshafts has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Precision Camshafts' Beneish M-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Precision Camshafts ranks #284 out of 1273 companies for Beneish M-Score. This places Precision Camshafts in the top 22% of its industry — outperforming the majority of peers. 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 Vehicles & Parts company?
A good Beneish M-Score depends on the Vehicles & Parts 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 Precision Camshafts and its competitors. Precision Camshafts's current Beneish M-Score is -2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Camshafts stock overvalued right now?
Based on GuruFocus' analysis, Precision Camshafts (NSE:PRECAM) is currently considered Fairly Valued. The stock's GF Value™ is ₹165.09, compared to a current price of ₹154.85 — trading 6.2% below its estimated fair value. The current Beneish M-Score is -2.85. Precision Camshafts' overall GF Score™ is 75/100 with 2 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 Precision Camshafts (NSE:PRECAM), the current Beneish M-Score is -2.85 as of Jun. 24, 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 Precision Camshafts (NSE:PRECAM) Overvalued in 2026?

Based on GuruFocus' analysis, Precision Camshafts stock appears to be undervalued. The current stock price of ₹154.85 is trading 6.2% below its estimated GF Value™ of ₹165.09. GuruFocus considers Precision Camshafts to be Fairly Valued.

Key valuation signals for NSE:PRECAM:

  • Beneish M-Score: -2.85
  • GF Value™: ₹165.09 vs. price of ₹154.85 (6.2% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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


Precision Camshafts Business Description

Other Exchanges 539636:India
Address Mumbai - Bangalore Highway, 3rd Floor, Kohinoor B Zone Baner, Baner, Pune, MH, IND, 411045
Precision Camshafts Ltd is engaged in the manufacturing of auto-components (Camshafts and others) and Kit sets, which are used for electrifying the fuel trucks. The company supplies camshafts for passenger vehicles, tractors, light commercial vehicles, and locomotive engine applications. Geographically, the company generates a majority of its revenue from its business within India, and the rest from other Asian regions, Europe, and other markets.
75GF Score

Get the complete analysis for NSE:PRECAM

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

₹154.85
Price
₹165.09
GF Value