Sacheermore (NSE:SACHEEROME) Beneish M-Score: 0.00 (As of Jul. 23, 2026)

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NSE:SACHEEROME Sacheermore Ltd NSE:SACHEEROME
21 GF Score
Price ₹440.10
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What is Sacheermore Beneish M-Score?

Sacheermore NSE:SACHEEROME -6.13% 21 Beneish M-Score is 0.00 as of Jul. 23, 2026. GuruFocus rates NSE:SACHEEROME with a GF Score™ of 21/100.

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 Sacheermore's Beneish M-Score or its related term are showing as below:

During the past 4 years, the highest Beneish M-Score of Sacheermore was 0.00. The lowest was 0.00. And the median was 0.00.


Sacheermore Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Sacheermore'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.

Sacheermore Beneish M-Score Chart

Sacheermore Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Beneish M-Score
0.00 0.00 -2.11 -2.92

Sacheermore Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25
Beneish M-Score 0.00 0.00 -2.11 0.00 -2.92

NSE:SACHEEROME vs LIN, SHW, ECL: Beneish M-Score Comparison

For the Specialty Chemicals subindustry, Sacheermore'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.


Sacheermore Beneish M-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sacheermore's Beneish M-Score distribution charts can be found below:

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


NSE:SACHEEROME
21GF Score
Sacheermore Ltd NSE:SACHEEROME
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sacheermore 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 Sacheermore 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 * 0.7763+0.528 * 0.9681+0.404 * 0.7576+0.892 * 1.2641+0.115 * 1.6349
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.4141+4.679 * -0.076763-0.327 * 0.9889
=-2.92

* 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 ₹160 Mil.
Revenue was ₹1,074 Mil.
Gross Profit was ₹435 Mil.
Total Current Assets was ₹291 Mil.
Total Assets was ₹847 Mil.
Property, Plant and Equipment(Net PPE) was ₹516 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹18 Mil.
Selling, General, & Admin. Expense(SGA) was ₹30 Mil.
Total Current Liabilities was ₹200 Mil.
Long-Term Debt & Capital Lease Obligation was ₹0 Mil.
Net Income was ₹160 Mil.
Gross Profit was ₹0 Mil.
Cash Flow from Operations was ₹225 Mil.
Total Receivables was ₹163 Mil.
Revenue was ₹849 Mil.
Gross Profit was ₹334 Mil.
Total Current Assets was ₹306 Mil.
Total Assets was ₹635 Mil.
Property, Plant and Equipment(Net PPE) was ₹290 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹17 Mil.
Selling, General, & Admin. Expense(SGA) was ₹17 Mil.
Total Current Liabilities was ₹152 Mil.
Long-Term Debt & Capital Lease Obligation was ₹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)
=(159.527 / 1073.58) / (162.558 / 849.261)
=0.148593 / 0.191411
=0.7763

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)
=(333.509 / 849.261) / (435.486 / 1073.58)
=0.392705 / 0.405639
=0.9681

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 - (291.265 + 516.266) / 846.724) / (1 - (306.14 + 290.211) / 635.16)
=0.046288 / 0.061101
=0.7576

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
=1073.58 / 849.261
=1.2641

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))
=(16.55 / (16.55 + 290.211)) / (17.618 / (17.618 + 516.266))
=0.053951 / 0.033
=1.6349

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)
=(29.913 / 1073.58) / (16.734 / 849.261)
=0.027863 / 0.019704
=1.4141

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 + 200.303) / 846.724) / ((0 + 151.942) / 635.16)
=0.236562 / 0.239218
=0.9889

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
=(159.82 - 0 - 224.817) / 846.724
=-0.076763

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.

Sacheermore has a M-score of -2.92 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 0.00 mean?
Sacheermore (NSE:SACHEEROME) has a Beneish M-Score of 0.00 as of Jul. 23, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sacheermore and its competitors.
Is Sacheermore's Beneish M-Score too high?
Sacheermore's current Beneish M-Score is 0.00. Overall, Sacheermore has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Sacheermore's Beneish M-Score compare to LIN and SHW?
Sacheermore's Beneish M-Score of 0.00 can be compared against companies in the Chemicals 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 Chemicals company?
A good Beneish M-Score depends on the Chemicals 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 Sacheermore and its competitors. Sacheermore'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 Sacheermore stock overvalued right now?
Sacheermore (NSE:SACHEEROME) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. Sacheermore's overall GF Score™ is 21/100. 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 Sacheermore (NSE:SACHEEROME), the current Beneish M-Score is 0.00 as of Jul. 23, 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.

Sacheermore Business Description

Address F-89-4-2 Okhla Industrial Area, Phase-1, New Delhi, IND, 110020
Sacheermore Ltd is a creative house, designing & manufacturing fragrance and flavours. Fragrances manufactured by the company are used in the Personal Care & Wash, Body Care, Hair Care & Wash, Fabric Care, Home Care, Baby Care, Fine fragrance, Air care, Pet Care, Men's Grooming, Hygiene & Wellness and various other industries. The Flavours manufactured by the company are used in Beverage, Bakery, Confectionery, Dairy Products, Health & Nutrition, Oral care, Shisha, Meat Products, Dry Flavours, Seasonings and others.
21GF Score

Get the complete analysis for NSE:SACHEEROME

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

₹440.10
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