Value 360 Communications (NSE:VALUE360) Beneish M-Score: -2.24 (As of Aug. 09, 2026)

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NSE:VALUE360 Value 360 Communications Ltd NSE:VALUE360
19 GF Score
Price ₹75.00
! 1 Warning Sign
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What is Value 360 Communications Beneish M-Score?

Value 360 Communications NSE:VALUE360 +0.67% 19 Beneish M-Score is -2.24 as of Aug. 09, 2026. GuruFocus rates NSE:VALUE360 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,018 Business Services companies, Value 360 Communications ranks worse than 71.32% 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 -2.24 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Value 360 Communications's Beneish M-Score or its related term are showing as below:

NSE:VALUE360' s Beneish M-Score Range Over the Past 10 Years
Min: -2.33   Med: -2.29   Max: -2.24
Current: -2.24

During the past 4 years, the highest Beneish M-Score of Value 360 Communications was -2.24. The lowest was -2.33. And the median was -2.29.

Value 360 Communications Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Value 360 Communications'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.

Value 360 Communications Beneish M-Score Chart

Value 360 Communications Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Beneish M-Score
0.00 0.00 -2.33 -2.24

Value 360 Communications Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Beneish M-Score 0.00 0.00 -2.33 -2.24

NSE:VALUE360 vs CTAS, CPRT, GPN: Beneish M-Score Comparison

For the Specialty Business Services subindustry, Value 360 Communications'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.

Value 360 Communications Beneish M-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Value 360 Communications's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Value 360 Communications's Beneish M-Score falls into.


NSE:VALUE360
19GF Score
Value 360 Communications Ltd NSE:VALUE360
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Value 360 Communications 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 Value 360 Communications 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 * 1.1673+0.528 * 0.9776+0.404 * 1.326+0.892 * 1.0787+0.115 * 0.8927
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 1.4602+4.679 * -0.021558-0.327 * 0.718
=-2.24

* 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 ₹181.5 Mil.
Revenue was ₹545.7 Mil.
Gross Profit was ₹460.9 Mil.
Total Current Assets was ₹318.1 Mil.
Total Assets was ₹529.6 Mil.
Property, Plant and Equipment(Net PPE) was ₹24.6 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹10.3 Mil.
Selling, General, & Admin. Expense(SGA) was ₹24.3 Mil.
Total Current Liabilities was ₹209.3 Mil.
Long-Term Debt & Capital Lease Obligation was ₹39.6 Mil.
Net Income was ₹57.3 Mil.
Gross Profit was ₹0.0 Mil.
Cash Flow from Operations was ₹68.7 Mil.
 Total Receivables was ₹144.1 Mil.
Revenue was ₹505.9 Mil.
Gross Profit was ₹417.7 Mil.
Total Current Assets was ₹270.1 Mil.
Total Assets was ₹399.7 Mil.
Property, Plant and Equipment(Net PPE) was ₹23.3 Mil.
Depreciation, Depletion and Amortization(DDA) was ₹8.3 Mil.
Selling, General, & Admin. Expense(SGA) was ₹15.4 Mil.
Total Current Liabilities was ₹184.6 Mil.
Long-Term Debt & Capital Lease Obligation was ₹77.0 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)
=(181.475 / 545.741) / (144.125 / 505.924)
=0.33253 / 0.284875
=1.1673

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)
=(417.662 / 505.924) / (460.86 / 545.741)
=0.825543 / 0.844467
=0.9776

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 - (318.066 + 24.613) / 529.595) / (1 - (270.095 + 23.251) / 399.746)
=0.352941 / 0.266169
=1.326

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
=545.741 / 505.924
=1.0787

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))
=(8.282 / (8.282 + 23.251)) / (10.26 / (10.26 + 24.613))
=0.262645 / 0.29421
=0.8927

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)
=(24.282 / 545.741) / (15.416 / 505.924)
=0.044494 / 0.030471
=1.4602

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)
=((39.589 + 209.278) / 529.595) / ((76.987 + 184.641) / 399.746)
=0.469919 / 0.654486
=0.718

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
=(57.328 - 0 - 68.745) / 529.595
=-0.021558

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.

Value 360 Communications has a M-score of -2.24 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 -2.24 mean?
Value 360 Communications (NSE:VALUE360) has a Beneish M-Score of -2.24 as of Aug. 09, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Value 360 Communications and its competitors. According to the industry distribution chart, Value 360 Communications ranks #726 out of 1018 companies in the Business Services industry, placing it in the top 71.3%.
Is Value 360 Communications' Beneish M-Score too high?
Value 360 Communications' current Beneish M-Score is -2.24. Based on the distribution chart, Value 360 Communications ranks #726 out of 1018 companies in the Business Services industry, which is below the industry midpoint. Overall, Value 360 Communications has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Value 360 Communications' Beneish M-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Value 360 Communications ranks #726 out of 1018 companies for Beneish M-Score. This places Value 360 Communications 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 Business Services company?
A good Beneish M-Score depends on the Business Services 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 Value 360 Communications and its competitors. Value 360 Communications's current Beneish M-Score is -2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value 360 Communications stock overvalued right now?
Value 360 Communications (NSE:VALUE360) has a current Beneish M-Score of -2.24. The current Beneish M-Score is -2.24. Value 360 Communications' overall GF Score™ is 19/100 with 1 warning sign 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 Value 360 Communications (NSE:VALUE360), the current Beneish M-Score is -2.24 as of Aug. 09, 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.

Value 360 Communications Business Description

Value 360 Communications Ltd is mainly in the business of PR services & Digital Communications. The company's PR Communications vertical offers a comprehensive suite of strategic communication services, including Investor Relations, Crisis Communication, Reputation Management, Digital PR Solutions, and End-to-End Campaign Management. Its second vertical, Popkorn PR Plus Communication Private Limited, is the digital ads and content solutions business. The majority of the company's revenue is derived from the PR Services segment.
19GF Score

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