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486 companies · every ratio sourced from the company's own NSE filing. Update the cache with python manage.py refresh_market_data. Looking to browse the whole universe instead of filtering it? See Browse all companies.

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ℹ A custom screen is a filter you defined. StockProof computes the metrics and reports which companies satisfy the condition you wrote — it does not assess, endorse or rank the strategy behind it, and a company appearing in these results is not a recommendation to buy or sell. Companies missing an input your formula needs are listed separately as “couldn't be judged”, never counted as non-matches.

Write a condition using the metric names below, the comparisons > < >= <= == !=, the words and / or / not, parentheses, and arithmetic + - * /. Names and keywords are case-insensitive. Up to 500 characters.

Examples: roe > 15 and debt_to_equity < 1 and pe < 20 · P/E < 20 or (dividend_yield > 3 and D/E < 0.5) · rsi < 30 and delivery_percent > 50 · not (market_cap < 5000)

Percentages are typed as percentages — roe > 15 means 15%, matching the “ROE >” filter above and the table's own “15.00%”. Market cap is in crore, so market_cap > 50000 means ₹50,000 Cr. Comparisons can't be chained: write pe > 1 and pe < 20, not 1 < pe < 20.

Valuation & fundamentals (latest filing + price snapshot)

Type this	Metric	Unit	What it is
pe · P/E · pe_ratio · price_to_earnings	P/E	ratio	Price / Diluted EPS from the latest filing.
roe · return_on_equity	ROE	percent	Net Income / Shareholder Equity, in percent.
debt_to_equity · D/E · de · debt_equity	Debt/Equity	ratio	Total debt / shareholder equity.
current_ratio	Current Ratio	ratio	Current assets / current liabilities.
roce · return_on_capital_employed	ROCE	percent	Return on capital employed, in percent.
dividend_yield · div_yield	Dividend Yield	percent	Dividend per share / price, in percent.
market_cap · mcap · marketcap	Market Cap	crore	Price x diluted shares outstanding, in CRORE (50000 means Rs 50,000 Cr).
pb · P/B · price_to_book	P/B	ratio	Price / book value per share.
ev_ebitda · EV/EBITDA	EV/EBITDA	ratio	Enterprise value / EBITDA.
earnings_yield	Earnings Yield	percent	EBIT / enterprise value, in percent.
price · close	Price	rupees	Latest stored price snapshot, in rupees.

Price & volume technicals (stored daily history)

Type this	Metric	Unit	What it is
rsi · rsi_14	RSI (14-day)	0-100	Wilder's 14-day Relative Strength Index.
week52_high · high_52w	52-Week High	rupees	Highest intraday high in the trailing 52 weeks.
week52_low · low_52w	52-Week Low	rupees	Lowest intraday low in the trailing 52 weeks.
pct_below_52w_high · off_52w_high	% Below 52W High	percent	How far the latest close sits BELOW the 52-week high, in percent (0 = at the high).
pct_above_52w_low · off_52w_low	% Above 52W Low	percent	How far the latest close sits ABOVE the 52-week low, in percent (0 = at the low).
delivery_percent · delivery_pct	Delivery %	percent	Trailing 20-day average NSE delivery percentage (already in percent points).
macd · macd_line	MACD Line	rupees	12/26-day EMA difference (Appel).
macd_signal	MACD Signal	rupees	9-day EMA of the MACD line.
macd_histogram · macd_hist	MACD Histogram	rupees	MACD line minus signal line.
bb_upper	Bollinger Upper	rupees	20-day SMA + 2 population std dev.
bb_middle	Bollinger Middle	rupees	20-day simple moving average.
bb_lower	Bollinger Lower	rupees	20-day SMA - 2 population std dev.
bb_percent_b · percent_b	Bollinger %B	ratio	Position of the close within the bands: 0 at the lower band, 1 at the upper.
bb_bandwidth	Bollinger Bandwidth	ratio	(upper - lower) / middle -- Bollinger's relative volatility measure.
stoch_k · stochastic_k	Stochastic %K	0-100	Lane's 14-day Fast Stochastic %K.
stoch_d · stochastic_d	Stochastic %D	0-100	3-day simple moving average of %K.
mfi · mfi_14	MFI (14-day)	0-100	14-day Money Flow Index (volume-weighted RSI).
atr	ATR (14-day)	rupees	Wilder's 14-day Average True Range, in rupees.
atr_percent · atr_pct	ATR % of Price	percent	ATR as a percentage of the latest close.
adx	ADX (14-day)	0-100	Wilder's Average Directional Index.
plus_di	+DI	0-100	Wilder's positive directional indicator.
minus_di	-DI	0-100	Wilder's negative directional indicator.
dma_50 · sma_50	50-DMA	rupees	50-day simple moving average of the close.
dma_200 · sma_200	200-DMA	rupees	200-day simple moving average of the close.
volume	Volume (latest day)	shares	Traded quantity on the latest stored trading day.

Growth (stored multi-year annual history)

Type this	Metric	Unit	What it is
revenue_cagr_3y	3y Revenue CAGR	percent	Compound annual revenue growth over ~3 stored years, in percent.
revenue_cagr_5y	5y Revenue CAGR	percent	Compound annual revenue growth over ~5 stored years, in percent.
profit_cagr_3y	3y Net Profit CAGR	percent	Compound annual net-profit growth over ~3 stored years, in percent.
profit_cagr_5y	5y Net Profit CAGR	percent	Compound annual net-profit growth over ~5 stored years, in percent.

Piotroski F-Score — 9-criteria profitability, leverage, and efficiency composite.

170 results Extract this table (respects filters): CSV · XLSX

Ticker

Company

Sector

Trend

F-Score

Piotroski F-Score

Criteria

Watchlist

GLAND.NS

Gland Pharma Ltd.

Healthcare

9/9

▲ Strong (Piotroski's 8–9 band)

9 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹10,273,160,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹10,313,870,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.22% → 8.21%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹10,313,870,000 vs Net Profit ₹10,273,160,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 2.40% → 1.95%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 4.33 → 4.68	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹164,760,000 → ₹164,760,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 19.67% → 23.67%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.50 → 0.51	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

GMRAIRPORT.NS

GMR Airports Ltd.

Services

9/9

▲ Strong (Piotroski's 8–9 band)

9 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,754,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹48,835,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: -0.81% → 0.32%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹48,835,300,000 vs Net Profit ₹1,754,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 77.19% → 77.05%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.66 → 0.77	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹10,559,000,000 → ₹10,559,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 21.87% → 29.13%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.21 → 0.27	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

LEMONTREE.NS

Lemon Tree Hotels Ltd.

Consumer Services

9/9

▲ Strong (Piotroski's 8–9 band)

9 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,270,968,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,416,130,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.82% → 5.30%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹5,416,130,000 vs Net Profit ₹2,270,968,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 52.62% → 46.76%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.85 → 1.21	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹7,918,475,000 → ₹7,918,475,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 38.66% → 38.80%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.32 → 0.34	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MINDACORP.NS

Minda Corporation Ltd.

Automobile and Auto Components

9/9

▲ Strong (Piotroski's 8–9 band)

9 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,602,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,756,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 5.23% → 6.56%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹6,756,200,000 vs Net Profit ₹3,602,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 27.54% → 22.06%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.85 → 0.94	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹478,200,000 → ₹478,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 7.97% → 8.19%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.04 → 1.13	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

RAMCOCEM.NS

The Ramco Cements Ltd.

Construction Materials

9/9

▲ Strong (Piotroski's 8–9 band)

9 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹6,986,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹16,110,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 1.67% → 4.20%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹16,110,600,000 vs Net Profit ₹6,986,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 28.49% → 23.16%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.52 → 0.54	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹236,300,000 → ₹236,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 6.79% → 8.17%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.52 → 0.54	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SARDAEN.NS

Sarda Energy and Minerals Ltd.

Metals & Mining

9/9

▲ Strong (Piotroski's 8–9 band)

9 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹11,058,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹17,348,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.91% → 9.73%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹17,348,600,000 vs Net Profit ₹11,058,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 27.88% → 22.82%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.06 → 4.50	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹352,400,000 → ₹352,400,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 24.52% → 29.59%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.46 → 0.50	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ULTRACEMCO.NS

UltraTech Cement Ltd.

Construction Materials

9/9

▲ Strong (Piotroski's 8–9 band)

9 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹81,656,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹153,158,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.52% → 5.78%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹153,158,600,000 vs Net Profit ₹81,656,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 17.23% → 16.11%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.73 → 0.74	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,946,800,000 → ₹2,946,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 12.23% → 14.63%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.57 → 0.63	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

FORCEMOT.NS

Force Motors Ltd.

Automobile and Auto Components

8/9

▲ Strong (Piotroski's 8–9 band)

8 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹12,116,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,970,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 15.60% → 18.53%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹12,970,900,000 vs Net Profit ₹12,116,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.34% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.50 → 1.87	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹131,800,000 → ₹131,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 10.77% → 14.44%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.57 → 1.39	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

JKCEMENT.NS

J.K. Cement Ltd.

Construction Materials

8/9

▲ Strong (Piotroski's 8–9 band)

8 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹9,924,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹18,729,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 5.16% → 5.36%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹18,729,900,000 vs Net Profit ₹9,924,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 35.34% → 32.83%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.28 → 0.93	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹772,700,000 → ₹772,700,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 13.46% → 13.96%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.71 → 0.74	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

KAJARIACER.NS

Kajaria Ceramics Ltd.

Consumer Durables

8/9

▲ Strong (Piotroski's 8–9 band)

8 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,854,100,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,667,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 7.84% → 12.05%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹6,667,300,000 vs Net Profit ₹4,854,100,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 4.68% → 3.23%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.57 → 2.97	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹159,300,000 → ₹159,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 10.86% → 15.50%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.23 → 1.20	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MRPL.NS

Mangalore Refinery & Petrochemicals Ltd.

Oil Gas & Consumable Fuels

8/9

▲ Strong (Piotroski's 8–9 band)

8 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹19,245,800,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹25,311,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.16% → 4.33%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹25,311,900,000 vs Net Profit ₹19,245,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 37.37% → 32.22%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.98 → 1.14	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹17,526,600,000 → ₹17,526,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 1.01% → 4.67%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 3.17 → 2.36	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

PFOCUS.NS

Prime Focus Ltd.

Media Entertainment & Publication

8/9

▲ Strong (Piotroski's 8–9 band)

8 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,187,560,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹10,240,703,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: -4.42% → 2.05%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹10,240,703,000 vs Net Profit ₹2,187,560,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 48.01% → 46.39%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.67 → 0.70	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹299,987,000 → ₹775,991,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 14.10% → 18.68%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.42 → 0.44	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

USHAMART.NS

Usha Martin Ltd.

Capital Goods

8/9

▲ Strong (Piotroski's 8–9 band)

8 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,659,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,553,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 10.87% → 11.06%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹6,553,400,000 vs Net Profit ₹4,659,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 9.01% → 3.46%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.84 → 3.28	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹305,200,000 → ₹305,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 15.50% → 17.81%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.93 → 0.88	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

WOCKPHARMA.NS

Wockhardt Ltd.

Healthcare

8/9

▲ Strong (Piotroski's 8–9 band)

8 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,130,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹3,900,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: -0.58% → 2.47%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹3,900,000,000 vs Net Profit ₹2,130,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 22.85% → 24.67%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.21 → 1.61	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹810,000,000 → ₹810,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 7.90% → 15.89%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.37 → 0.39	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ACE.NS

Action Construction Equipment Ltd.

Capital Goods

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,150,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,172,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 15.10% → 12.77%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹4,172,700,000 vs Net Profit ₹4,150,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.55% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.22 → 1.33	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹238,200,000 → ₹238,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.37% → 17.64%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.23 → 1.01	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ANURAS.NS

Anupam Rasayan India Ltd.

Chemicals

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,701,210,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹3,343,260,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 1.77% → 2.12%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹3,343,260,000 vs Net Profit ₹1,701,210,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 25.01% → 22.65%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.42 → 1.43	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,099,310,000 → ₹1,457,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 21.58% → 17.04%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.27 → 0.30	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

BBTC.NS

Bombay Burmah Trading Corporation Ltd.

Fast Moving Consumer Goods

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹12,426,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹24,175,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 8.82% → 8.55%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹24,175,000,000 vs Net Profit ₹12,426,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 12.08% → 10.70%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.07 → 1.19	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹139,544,000 → ₹139,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 16.82% → 17.44%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.44 → 1.34	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

BPCL.NS

Bharat Petroleum Corporation Ltd.

Oil Gas & Consumable Fuels

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹258,434,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹507,689,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.11% → 10.39%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹507,689,900,000 vs Net Profit ₹258,434,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 23.38% → 17.49%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.80 → 0.79	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹42,725,800,000 → ₹42,725,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 4.16% → 7.01%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 2.29 → 2.10	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CEMPRO.NS

Cemindia Projects Ltd.

Construction

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹5,977,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,997,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 5.73% → 8.43%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹4,997,800,000 vs Net Profit ₹5,977,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 14.34% → 12.23%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.14 → 1.25	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹171,788,000 → ₹171,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.05% → 10.26%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.40 → 1.42	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CRAFTSMAN.NS

Craftsman Automation Ltd.

Automobile and Auto Components

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,839,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,216,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.73% → 4.28%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹5,216,800,000 vs Net Profit ₹3,839,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 28.87% → 37.21%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.07 → 1.07	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹119,300,000 → ₹119,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.98% → 10.60%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.80 → 0.90	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CUMMINSIND.NS

Cummins India Ltd.

Capital Goods

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹23,617,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹17,342,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 19.67% → 20.89%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹17,342,600,000 vs Net Profit ₹23,617,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.10 → 3.32	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹554,400,000 → ₹554,400,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 22.54% → 23.99%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.02 → 1.07	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ELGIEQUIP.NS

Elgi Equipments Ltd.

Capital Goods

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,302,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,535,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 11.51% → 12.13%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹4,535,000,000 vs Net Profit ₹4,302,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 16.14% → 11.42%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.10 → 2.08	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹317,000,000 → ₹317,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 14.43% → 15.47%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.15 → 1.11	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

FLUOROCHEM.NS

Gujarat Fluorochemicals Ltd.

Chemicals

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹5,780,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹9,610,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 5.15% → 4.86%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹9,610,000,000 vs Net Profit ₹5,780,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 18.74% → 18.51%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.70 → 1.72	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹110,000,000 → ₹110,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 18.15% → 19.34%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.45 → 0.42	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

GLENMARK.NS

Glenmark Pharmaceuticals Ltd.

Healthcare

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,010,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹34,450,280,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.52% → 0.00%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹34,450,280,000 vs Net Profit ₹1,010,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 13.67% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.56 → 1.77	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹282,190,000 → ₹282,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 14.86% → 26.26%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.83 → 0.85	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HEROMOTOCO.NS

Hero MotoCorp Ltd.

Automobile and Auto Components

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹57,417,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹83,146,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 15.42% → 17.16%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹83,146,200,000 vs Net Profit ₹57,417,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 1.61% → 1.49%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.80 → 1.91	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹400,000,000 → ₹400,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 15.07% → 15.29%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.44 → 1.42	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MRF.NS

MRF Ltd.

Automobile and Auto Components

7/9

7 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹45,903,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✓ Met Operating cash flow exceeds net income	CFO ₹45,903,000,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 9.82% → 7.41%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.50 → 1.65	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹42,400,000 → ₹42,400,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 10.08% → 11.72%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.95 → 0.97	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

NYKAA.NS

FSN E-Commerce Ventures Ltd.

Consumer Services

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,994,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,443,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 1.66% → 4.32%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹6,443,000,000 vs Net Profit ₹1,994,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 24.16% → 16.20%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.24 → 1.16	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,859,300,000 → ₹2,863,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 2.95% → 4.64%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 2.00 → 2.17	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

PHOENIXLTD.NS

Phoenix Mills Ltd.

Realty

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹12,238,164,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹24,256,861,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.57% → 5.36%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹24,256,861,000 vs Net Profit ₹12,238,164,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 21.66% → 23.17%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.14 → 1.29	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹715,047,000 → ₹715,269,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 52.07% → 55.34%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.18 → 0.19	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SHREECEM.NS

Shree Cement Ltd.

Construction Materials

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹17,435,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹37,940,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 3.94% → 5.54%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹37,940,700,000 vs Net Profit ₹17,435,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 2.87% → 5.06%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.10 → 2.16	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹360,800,000 → ₹360,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 7.86% → 11.96%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.68 → 0.67	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TATACOMM.NS

Tata Communications Ltd.

Telecommunication

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹10,015,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹44,791,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.91% → 3.53%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹44,791,000,000 vs Net Profit ₹10,015,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 40.93% → 37.25%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.58 → 0.49	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,850,000,000 → ₹2,850,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 9.12% → 9.26%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.87 → 0.87	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TECHM.NS

Tech Mahindra Ltd.

Information Technology

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹48,109,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹61,720,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.54% → 9.74%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹61,720,000,000 vs Net Profit ₹48,109,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 4.55% → 4.43%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.87 → 1.90	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹4,424,000,000 → ₹4,428,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 11.26% → 12.65%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.19 → 1.15	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TITAN.NS

Titan Company Ltd.

Consumer Durables

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹50,730,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹55,900,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 8.21% → 8.38%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹55,900,000,000 vs Net Profit ₹50,730,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 25.31% → 18.79%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.34 → 1.28	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹890,000,000 → ₹890,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 9.08% → 9.23%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.49 → 1.45	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

UNOMINDA.NS

UNO Minda Ltd.

Automobile and Auto Components

7/9

7 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹11,971,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹17,203,500,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 8.03% → 8.73%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹17,203,500,000 vs Net Profit ₹11,971,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 19.54% → 18.51%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.26 → 1.20	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,148,300,000 → ₹1,154,900,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 7.68% → 8.05%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.43 → 1.43	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

AEGISVOPAK.NS

Aegis Vopak Terminals Ltd.

Oil Gas & Consumable Fuels

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,104,693,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹7,019,637,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.08% → 3.67%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹7,019,637,000 vs Net Profit ₹3,104,693,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 40.57% → 25.06%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.76 → 0.37	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹9,888,426,000 → ₹11,079,915,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 57.59% → 55.92%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.10 → 0.11	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

AMBER.NS

Amber Enterprises India Ltd.

Consumer Durables

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,776,471,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹2,401,579,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.89% → 1.29%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹2,401,579,000 vs Net Profit ₹1,776,471,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 23.02% → 19.62%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.02 → 1.13	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹338,235,000 → ₹351,917,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 6.10% → 6.15%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.18 → 0.89	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

BHARTIHEXA.NS

Bharti Hexacom Ltd.

Telecommunication

6/9

6 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹44,640,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 19.63% → 14.14%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.28 → 0.38	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,500,000,000 → ₹2,500,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 26.73% → 31.01%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.44 → 0.49	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

DALBHARAT.NS

Dalmia Bharat Ltd.

Construction Materials

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹11,390,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹22,780,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.26% → 3.42%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹22,780,000,000 vs Net Profit ₹11,390,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 17.40% → 20.27%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.59 → 1.54	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹380,000,000 → ₹380,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 9.51% → 13.21%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.46 → 0.44	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

DCMSHRIRAM.NS

DCM Shriram Ltd.

Diversified

6/9

6 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹8,534,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,338,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✓ Met Operating cash flow exceeds net income	CFO ₹12,338,000,000 vs Net Profit ₹8,534,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 18.91% → 19.89%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.57 → 1.49	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹313,500,000 → ₹313,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.34% → 8.35%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.00 → 1.01	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

DOMS.NS

DOMS Industries Ltd.

Fast Moving Consumer Goods

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,301,822,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹2,543,431,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 13.31% → 13.45%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹2,543,431,000 vs Net Profit ₹2,301,822,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 10.07% → 5.23%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.68 → 2.17	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹606,872,000 → ₹606,883,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 15.78% → 14.32%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.26 → 1.36	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

GRASIM.NS

Grasim Industries Ltd.

Construction Materials

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹49,664,800,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-178,096,100,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.74% → 0.87%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-178,096,100,000 vs Net Profit ₹49,664,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 36.69% → 39.50%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.87 → 0.95	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,361,100,000 → ₹1,361,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 9.14% → 10.34%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.30 → 0.31	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

IGIL.NS

International Gemological Institute Ltd.

Services

6/9

6 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2025-12-31: ₹5,316,010,000	ProfitOrLossAttributableToOwnersOfParent (2025-12-31)
✓ Met Positive operating cash flow	CFO 2025-12-31: ₹5,018,970,000	CashFlowsFromUsedInOperatingActivities (2025-12-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✗ Not met Operating cash flow exceeds net income	CFO ₹5,018,970,000 vs Net Profit ₹5,316,010,000 (2025-12-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2025-12-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2024-12-31 → 2025-12-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2024-12-31 & 2025-12-31
✓ Met Current ratio improved YoY	2024-12-31 → 2025-12-31: 3.35 → 5.16	Total Current Assets ÷ Total Current Liabilities, 2024-12-31 & 2025-12-31
✓ Met No new shares issued	Equity Share Capital 2024-12-31 → 2025-12-31: ₹864,320,000 → ₹864,320,000	EquityShareCapital, 2024-12-31 & 2025-12-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2024-12-31 → 2025-12-31: 56.36% → 60.20%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2024-12-31 & 2025-12-31
✓ Met Asset turnover improved YoY	2024-12-31 → 2025-12-31: 0.70 → 0.70	Revenue from Operations ÷ Total Assets, 2024-12-31 & 2025-12-31

MARUTI.NS

Maruti Suzuki India Ltd.

Automobile and Auto Components

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹146,795,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹190,999,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 10.99% → 9.86%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹190,999,000,000 vs Net Profit ₹146,795,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.97 → 1.07	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,572,000,000 → ₹1,572,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 12.80% → 10.40%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.16 → 1.23	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SUMICHEM.NS

Sumitomo Chemical India Ltd.

Chemicals

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹5,429,640,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,455,140,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 12.75% → 12.14%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹4,455,140,000 vs Net Profit ₹5,429,640,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.48% → 0.03%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.13 → 3.44	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹4,991,460,000 → ₹4,991,460,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 21.79% → 23.21%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.79 → 0.72	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TATACONSUM.NS

Tata Consumer Products Ltd.

Fast Moving Consumer Goods

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹15,423,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹24,218,500,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.00% → 4.48%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹24,218,500,000 vs Net Profit ₹15,423,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 5.78% → 6.15%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.54 → 1.57	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹989,500,000 → ₹989,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 11.76% → 11.48%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.55 → 0.59	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TATAINVEST.NS

Tata Investment Corporation Ltd.

Financial Services

6/9

6 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,336,800,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹2,793,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.90% → 1.33%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹2,793,800,000 vs Net Profit ₹4,336,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹506,000,000 → ₹506,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 87.09% → 89.98%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.01 → 0.01	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TVSMOTOR.NS

TVS Motor Company Ltd.

Automobile and Auto Components

6/9

6 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹30,183,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹18,665,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.66% → 5.34%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹18,665,900,000 vs Net Profit ₹30,183,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 57.61% → 55.97%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.12 → 0.97	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹475,100,000 → ₹475,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 12.87% → 12.74%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.92 → 0.99	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ACMESOLAR.NS

ACME Solar Holdings Ltd.

Power

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,989,150,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,485,910,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 1.37% → 1.75%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹12,485,910,000 vs Net Profit ₹4,989,150,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 56.63% → 66.53%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.86 → 2.17	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,210,180,000 → ₹1,210,780,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 79.58% → 88.82%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.08 → 0.07	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ACUTAAS.NS

Acutaas Chemicals Ltd.

Healthcare

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,562,553,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹2,921,736,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 10.24% → 17.96%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹2,921,736,000 vs Net Profit ₹3,562,553,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.53% → 1.34%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.91 → 3.82	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹409,345,000 → ₹409,356,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 22.09% → 36.29%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.65 → 0.68	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ADANIPORTS.NS

Adani Ports and Special Economic Zone Ltd.

Services

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹9,148,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹203,562,500,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 8.20% → 0.49%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹203,562,500,000 vs Net Profit ₹9,148,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 33.85% → 29.73%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.90 → 1.39	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹4,320,300,000 → ₹4,607,900,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 51.32% → 50.22%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.23 → 0.21	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

AMBUJACEM.NS

Ambuja Cements Ltd.

Construction Materials

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹47,281,800,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹53,615,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 5.12% → 5.28%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹53,615,300,000 vs Net Profit ₹47,281,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.03% → 0.06%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.42 → 1.05	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹4,926,200,000 → ₹4,943,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.54% → 9.35%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.43 → 0.45	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ASTERDM.NS

Aster DM Quality Care Ltd.

Healthcare

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,881,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,559,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 81.40% → 4.78%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹6,559,200,000 vs Net Profit ₹3,881,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 9.72% → 8.64%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.16 → 1.99	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹4,995,200,000 → ₹5,181,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 16.04% → 16.42%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.63 → 0.57	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

AUROPHARMA.NS

Aurobindo Pharma Ltd.

Healthcare

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹35,047,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹55,263,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 7.00% → 5.99%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹55,263,700,000 vs Net Profit ₹35,047,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 15.95% → 13.12%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.85 → 1.81	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹580,800,000 → ₹580,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.51% → 16.52%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.64 → 0.58	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

BAJAJHLDNG.NS

Bajaj Holdings & Investment Ltd.

Financial Services

5/9

5 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹96,367,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹25,641,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 8.66% → 11.31%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹25,641,000,000 vs Net Profit ₹96,367,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,112,900,000 → ₹1,112,900,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 90.26% → 86.92%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.01 → 0.01	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CAMS.NS

Computer Age Management Services Ltd.

Financial Services

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,760,057,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,842,614,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 29.43% → 26.29%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹5,842,614,000 vs Net Profit ₹4,760,057,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.04% → 0.03%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.36 → 3.43	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹494,299,000 → ₹495,969,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 44.09% → 41.97%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.89 → 0.84	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CHENNPETRO.NS

Chennai Petroleum Corporation Ltd.

Oil Gas & Consumable Fuels

5/9

5 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹29,449,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 18.17% → 9.74%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.01 → 1.43	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,489,100,000 → ₹1,489,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 0.61% → 5.36%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 4.16 → 3.92	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CIEINDIA.NS

CIE Automotive India Ltd.

Automobile and Auto Components

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2025-12-31: ₹8,281,720,000	ProfitOrLossAttributableToOwnersOfParent (2025-12-31)
✓ Met Positive operating cash flow	CFO 2025-12-31: ₹12,579,770,000	CashFlowsFromUsedInOperatingActivities (2025-12-31)
✗ Not met Return on assets improved YoY	ROA 2024-12-31 → 2025-12-31: 8.47% → 7.70%	Net Profit ÷ Total Assets, 2024-12-31 & 2025-12-31
✓ Met Operating cash flow exceeds net income	CFO ₹12,579,770,000 vs Net Profit ₹8,281,720,000 (2025-12-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2025-12-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2024-12-31 → 2025-12-31: 5.33% → 3.59%	Total Debt ÷ Total Assets, 2024-12-31 & 2025-12-31
✗ Not met Current ratio improved YoY	2024-12-31 → 2025-12-31: 1.58 → 1.50	Total Current Assets ÷ Total Current Liabilities, 2024-12-31 & 2025-12-31
✓ Met No new shares issued	Equity Share Capital 2024-12-31 → 2025-12-31: ₹3,793,620,000 → ₹3,793,620,000	EquityShareCapital, 2024-12-31 & 2025-12-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2024-12-31 → 2025-12-31: 12.94% → 11.75%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2024-12-31 & 2025-12-31
✗ Not met Asset turnover improved YoY	2024-12-31 → 2025-12-31: 0.92 → 0.87	Revenue from Operations ÷ Total Assets, 2024-12-31 & 2025-12-31

CROMPTON.NS

Crompton Greaves Consumer Electricals Ltd.

Consumer Durables

5/9

5 of 9 criteria met

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹-2,421,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹7,234,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 8.78% → -3.98%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹7,234,900,000 vs Net Profit ₹-2,421,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 4.74% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.34 → 1.43	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,287,600,000 → ₹1,287,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 10.23% → 8.91%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.24 → 1.33	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

EMAMILTD.NS

Emami Ltd.

Fast Moving Consumer Goods

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹7,752,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹8,005,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 22.82% → 20.21%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹8,005,300,000 vs Net Profit ₹7,752,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 1.76% → 3.19%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.22 → 2.31	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹436,500,000 → ₹436,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 24.02% → 23.06%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.08 → 0.99	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

EMCURE.NS

Emcure Pharmaceuticals Ltd.

Healthcare

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹9,243,610,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹9,435,450,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 8.28% → 9.62%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹9,435,450,000 vs Net Profit ₹9,243,610,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 8.89% → 12.53%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.74 → 1.46	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,894,830,000 → ₹1,895,900,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 14.66% → 15.89%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.96 → 0.96	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HINDPETRO.NS

Hindustan Petroleum Corporation Ltd.

Oil Gas & Consumable Fuels

5/9

5 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹361,106,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 34.11% → 25.07%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.60 → 0.64	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹21,282,100,000 → ₹21,282,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 2.68% → 5.33%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 2.40 → 2.36	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HYUNDAI.NS

Hyundai Motor India Ltd.

Automobile and Auto Components

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹54,315,200,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹73,211,310,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 18.74% → 15.79%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹73,211,310,000 vs Net Profit ₹54,315,200,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 2.63% → 2.90%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.42 → 1.56	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹8,125,410,000 → ₹8,125,410,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 11.16% → 10.39%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 2.30 → 2.06	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

INDIAMART.NS

Indiamart Intermesh Ltd.

Consumer Services

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,747,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,942,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.00% → 10.26%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹6,942,000,000 vs Net Profit ₹4,747,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.40 → 2.34	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹600,000,000 → ₹601,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 54.90% → 44.98%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.34 → 0.34	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

IRCTC.NS

Indian Railway Catering And Tourism Corporation Ltd.

Consumer Services

5/9

5 of 9 criteria met

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,730,002,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.00% → 0.00%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹12,730,002,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.03 → 2.15	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,600,000,000 → ₹1,600,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 36.93% → 35.99%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.69 → 0.69	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

JBMA.NS

JBM Auto Ltd.

Automobile and Auto Components

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,187,800,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-598,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 3.45% → 2.97%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-598,600,000 vs Net Profit ₹2,187,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 44.56% → 40.79%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.07 → 1.10	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹236,500,000 → ₹236,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 10.15% → 11.00%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.94 → 0.83	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

KIMS.NS

Krishna Institute of Medical Sciences Ltd.

Healthcare

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,414,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,108,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.70% → 3.11%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹5,108,000,000 vs Net Profit ₹2,414,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 44.57% → 41.81%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.83 → 0.76	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹800,000,000 → ₹800,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 21.01% → 13.96%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.53 → 0.50	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

KPRMILL.NS

K.P.R. Mill Ltd.

Textiles

5/9

5 of 9 criteria met

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹11,083,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.00% → 0.00%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹11,083,600,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 7.82% → 8.72%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 4.29 → 4.37	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹341,800,000 → ₹341,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.42% → 17.83%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.07 → 0.97	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

LTM.NS

LTM Ltd.

Information Technology

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹50,181,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹47,988,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 15.01% → 13.49%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹47,988,000,000 vs Net Profit ₹50,181,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.01% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.51 → 2.83	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹296,000,000 → ₹296,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.08% → 17.95%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.24 → 1.14	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MANKIND.NS

Mankind Pharma Ltd.

Healthcare

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹19,129,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹31,212,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 7.16% → 6.81%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹31,212,900,000 vs Net Profit ₹19,129,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 30.66% → 22.48%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.27 → 1.10	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹412,600,000 → ₹412,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 24.03% → 21.64%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.44 → 0.51	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MARICO.NS

Marico Ltd.

Fast Moving Consumer Goods

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹17,620,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹20,840,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 19.54% → 17.49%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹20,840,000,000 vs Net Profit ₹17,620,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 4.55% → 3.52%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.07 → 1.43	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,290,000,000 → ₹1,300,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 20.03% → 17.12%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.30 → 1.35	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MGL.NS

Mahanagar Gas Ltd.

Oil Gas & Consumable Fuels

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹8,411,440,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹11,622,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 12.58% → 9.37%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹11,622,900,000 vs Net Profit ₹8,411,440,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.04 → 0.94	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹987,800,000 → ₹987,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.35% → 12.80%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.96 → 1.01	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

M&M.NS

Mahindra & Mahindra Ltd.

Automobile and Auto Components

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹170,988,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹116,573,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.66% → 5.38%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹116,573,600,000 vs Net Profit ₹170,988,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 43.65% → 40.81%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.40 → 1.27	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹5,581,500,000 → ₹5,587,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 16.72% → 16.67%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.57 → 0.63	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MMTC.NS

MMTC Ltd.

Services

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,873,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-6,052,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.49% → 13.86%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-6,052,700,000 vs Net Profit ₹3,873,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.67 → 3.40	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,500,000,000 → ₹1,500,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 4346.47% → -282.11%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.00 → 0.00	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MOTHERSON.NS

Samvardhana Motherson International Ltd.

Automobile and Auto Components

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹38,596,800,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹112,839,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.10% → 3.49%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹112,839,700,000 vs Net Profit ₹38,596,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 18.55% → 14.39%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.04 → 1.06	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹7,036,500,000 → ₹10,554,400,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 5.82% → 5.61%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.22 → 1.14	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

NATIONALUM.NS

National Aluminium Co. Ltd.

Metals & Mining

5/9

5 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹64,379,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.54% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.61 → 3.60	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹9,183,200,000 → ₹9,183,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 42.85% → 44.09%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.73 → 0.67	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

NSLNISP.NS

NMDC Steel Ltd.

Metals & Mining

5/9

5 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹17,955,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 20.72% → 16.30%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.59 → 0.53	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹29,306,100,000 → ₹29,306,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: -31.40% → 4.12%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.30 → 0.48	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

PAYTM.NS

One 97 Communications Ltd.

Financial Services

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹5,530,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-7,430,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: -3.07% → 2.31%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-7,430,000,000 vs Net Profit ₹5,530,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.02% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.76 → 2.55	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹638,000,000 → ₹640,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: -21.08% → 9.34%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.32 → 0.35	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

PCBL.NS

PCBL Chemical Ltd.

Chemicals

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,978,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹15,760,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 3.71% → 1.75%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹15,760,400,000 vs Net Profit ₹1,978,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 45.90% → 42.72%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.96 → 0.83	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹377,500,000 → ₹393,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 12.36% → 8.66%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.72 → 0.73	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

PERSISTENT.NS

Persistent Systems Ltd.

Information Technology

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹18,651,200,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹17,671,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 16.03% → 16.39%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹17,671,300,000 vs Net Profit ₹18,651,200,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.36 → 2.43	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹779,250,000 → ₹788,750,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 15.83% → 17.45%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.37 → 1.30	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SPLPETRO.NS

Supreme Petrochem Ltd.

Chemicals

5/9

5 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,292,324,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹2,465,119,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✗ Not met Operating cash flow exceeds net income	CFO ₹2,465,119,000 vs Net Profit ₹3,292,324,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.70% → 0.21%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.91 → 2.01	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹376,083,000 → ₹376,083,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.93% → 8.74%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.75 → 1.55	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SUNPHARMA.NS

Sun Pharmaceutical Industries Ltd.

Healthcare

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹114,794,200,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹124,191,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 11.87% → 10.55%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹124,191,800,000 vs Net Profit ₹114,794,200,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 2.03% → 3.75%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.89 → 2.82	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,399,300,000 → ₹2,399,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 27.88% → 28.68%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.57 → 0.54	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

THERMAX.NS

Thermax Ltd.

Capital Goods

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹7,205,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,415,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 5.27% → 5.42%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹5,415,400,000 vs Net Profit ₹7,205,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 14.07% → 17.23%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.30 → 1.22	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹225,300,000 → ₹225,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 9.64% → 10.16%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.86 → 0.81	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TIINDIA.NS

Tube Investments of India Ltd.

Automobile and Auto Components

5/9

5 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹6,368,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹11,610,100,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.22% → 2.96%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹11,610,100,000 vs Net Profit ₹6,368,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 2.77% → 1.83%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.81 → 1.87	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹193,500,000 → ₹193,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.88% → 8.67%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.22 → 1.06	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

VMM.NS

Vishal Mega Mart Ltd.

Consumer Services

5/9

5 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹16,212,660,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✓ Met Operating cash flow exceeds net income	CFO ₹16,212,660,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.33 → 1.60	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹45,974,280,000 → ₹46,731,180,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 9.32% → 10.05%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.07 → 1.13	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ALKEM.NS

Alkem Laboratories Ltd.

Healthcare

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹23,018,011,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹19,630,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 12.24% → 11.03%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹19,630,300,000 vs Net Profit ₹23,018,011,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 6.01% → 7.78%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.73 → 2.55	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹239,100,000 → ₹239,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 20.43% → 21.79%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.73 → 0.70	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

DEEPAKFERT.NS

Deepak Fertilisers & Petrochemicals Corp. Ltd.

Chemicals

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹7,372,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹2,062,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 7.10% → 4.47%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹2,062,300,000 vs Net Profit ₹7,372,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 29.91% → 33.27%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.27 → 1.42	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,262,400,000 → ₹1,262,400,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 15.59% → 11.85%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.78 → 0.70	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

EICHERMOT.NS

Eicher Motors Ltd.

Automobile and Auto Components

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹55,152,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹48,048,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 17.42% → 17.15%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹48,048,400,000 vs Net Profit ₹55,152,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.98% → 0.99%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.63 → 1.90	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹274,200,000 → ₹274,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 28.02% → 27.48%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.69 → 0.73	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

GLAXO.NS

Glaxosmithkline Pharmaceuticals Ltd.

Healthcare

4/9

4 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹9,033,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.89 → 2.13	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,694,100,000 → ₹1,694,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 33.51% → 36.32%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.91 → 0.88	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

GMDCLTD.NS

Gujarat Mineral Development Corporation Ltd.

Metals & Mining

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹9,566,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹7,437,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.00% → 10.65%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹7,437,200,000 vs Net Profit ₹9,566,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 1.58% → 3.43%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 4.71 → 4.14	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹636,000,000 → ₹636,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 31.50% → 28.38%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.37 → 0.30	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

GODREJCP.NS

Godrej Consumer Products Ltd.

Fast Moving Consumer Goods

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹18,614,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹24,884,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 9.42% → 8.73%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹24,884,600,000 vs Net Profit ₹18,614,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 19.74% → 19.39%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.06 → 0.91	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,023,000,000 → ₹1,023,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 21.48% → 20.79%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.73 → 0.71	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HDFCAMC.NS

HDFC Asset Management Company Ltd.

Financial Services

4/9

4 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹28,580,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹25,278,100,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 28.11% → 28.61%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹25,278,100,000 vs Net Profit ₹28,580,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,069,000,000 → ₹2,142,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 94.18% → 90.30%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.40 → 0.41	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HONASA.NS

Honasa Consumer Ltd.

Fast Moving Consumer Goods

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,999,450,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹1,413,460,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.06% → 9.56%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹1,413,460,000 vs Net Profit ₹1,999,450,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.07 → 1.69	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹3,251,840,000 → ₹3,253,700,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 4.95% → 11.51%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.15 → 1.14	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

JMFINANCIL.NS

JM Financial Ltd.

Financial Services

4/9

4 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹12,019,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,807,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 3.35% → 4.53%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹5,807,300,000 vs Net Profit ₹12,019,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹955,800,000 → ₹956,400,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 52.58% → 63.57%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.18 → 0.15	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

JUBLPHARMA.NS

Jubilant Pharmova Ltd.

Healthcare

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,985,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,268,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.58% → 2.57%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹12,268,000,000 vs Net Profit ₹3,985,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 19.10% → 20.74%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.62 → 1.62	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹158,000,000 → ₹158,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 11.91% → 10.69%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.57 → 0.53	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MANAPPURAM.NS

Manappuram Finance Ltd.

Financial Services

4/9

4 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹10,033,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹202,377,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.47% → 1.35%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹202,377,400,000 vs Net Profit ₹10,033,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,692,900,000 → ₹1,878,700,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 52.19% → 53.17%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.20 → 0.13	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MAPMYINDIA.NS

C.E. Info Systems Ltd.

Information Technology

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,341,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹933,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 15.63% → 12.95%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹933,300,000 vs Net Profit ₹1,341,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 2.93% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 4.13 → 4.92	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹108,800,000 → ₹109,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 45.93% → 41.66%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.49 → 0.46	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MAZDOCK.NS

Mazagoan Dock Shipbuilders Ltd.

Capital Goods

4/9

4 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹25,833,800,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-28,907,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✗ Not met Operating cash flow exceeds net income	CFO ₹-28,907,200,000 vs Net Profit ₹25,833,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 1.60%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.25 → 1.40	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,016,900,000 → ₹2,016,900,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 26.82% → 25.44%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.40 → 0.47	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MEDANTA.NS

Global Health Ltd.

Healthcare

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹5,564,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹7,143,910,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 10.10% → 9.42%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹7,143,910,000 vs Net Profit ₹5,564,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 6.88% → 20.15%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.48 → 2.67	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹537,170,000 → ₹537,380,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 20.65% → 18.03%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.77 → 0.75	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MFSL.NS

Max Financial Services Ltd.

Financial Services

4/9

4 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹839,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹114,727,100,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.17% → 0.04%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹114,727,100,000 vs Net Profit ₹839,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹686,900,000 → ₹686,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 1.07% → 0.49%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.24 → 0.24	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MUTHOOTFIN.NS

Muthoot Finance Ltd.

Financial Services

4/9

4 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹105,903,370,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-473,926,530,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.01% → 5.41%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-473,926,530,000 vs Net Profit ₹105,903,370,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹4,014,640,000 → ₹4,014,680,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 72.61% → 81.08%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.15 → 0.16	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

NAM-INDIA.NS

Nippon Life India Asset Management Ltd.

Financial Services

4/9

4 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹15,293,800,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹14,660,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 27.54% → 29.45%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹14,660,200,000 vs Net Profit ₹15,293,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹6,347,000,000 → ₹6,381,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 76.26% → 73.06%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.48 → 0.52	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

NATCOPHARM.NS

NATCO Pharma Ltd.

Healthcare

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹14,185,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹17,683,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 21.85% → 12.81%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹17,683,000,000 vs Net Profit ₹14,185,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 3.16% → 6.38%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 5.59 → 3.01	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹358,000,000 → ₹358,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 52.27% → 37.45%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.51 → 0.37	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

NMDC.NS

NMDC Ltd.

Metals & Mining

4/9

4 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹49,930,500,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 9.24% → 12.16%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.42 → 2.43	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹8,791,800,000 → ₹8,791,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 40.03% → 32.02%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.58 → 0.66	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

PREMIERENE.NS

Premier Energies Ltd.

Capital Goods

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹15,097,680,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,610,560,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 13.67% → 13.92%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹12,610,560,000 vs Net Profit ₹15,097,680,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 27.68% → 33.35%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.88 → 1.83	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹450,770,000 → ₹452,990,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 21.74% → 27.17%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.95 → 0.72	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

RHIM.NS

RHI MAGNESITA INDIA LTD.

Capital Goods

4/9

4 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹-3,829,378,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,090,954,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✓ Met Operating cash flow exceeds net income	CFO ₹4,090,954,000 vs Net Profit ₹-3,829,378,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 4.75% → 6.62%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.84 → 2.75	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹206,501,000 → ₹206,501,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.31% → 6.80%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.71 → 0.83	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

RKFORGE.NS

Ramkrishna Forgings Ltd.

Automobile and Auto Components

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹717,973,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹8,397,550,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.33% → 1.00%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹8,397,550,000 vs Net Profit ₹717,973,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 30.70% → 32.53%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.10 → 1.15	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹362,061,000 → ₹362,898,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 7.80% → 7.62%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.62 → 0.59	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SAREGAMA.NS

Saregama India Ltd

Media Entertainment & Publication

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,070,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹1,000,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 9.75% → 8.92%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹1,000,200,000 vs Net Profit ₹2,070,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 3.03%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.87 → 1.75	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹192,800,000 → ₹192,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 23.63% → 30.21%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.56 → 0.42	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SIEMENS.NS

Siemens Ltd.

Capital Goods

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2025-09-30: ₹21,042,000,000	ProfitOrLossAttributableToOwnersOfParent (2025-09-30)
✓ Met Positive operating cash flow	CFO 2025-09-30: ₹3,747,000,000	CashFlowsFromUsedInOperatingActivities (2025-09-30)
✗ Not met Return on assets improved YoY	ROA 2024-09-30 → 2025-09-30: 10.69% → 10.53%	Net Profit ÷ Total Assets, 2024-09-30 & 2025-09-30
✗ Not met Operating cash flow exceeds net income	CFO ₹3,747,000,000 vs Net Profit ₹21,042,000,000 (2025-09-30)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2025-09-30)
✗ Not met Leverage (Debt/Assets) decreased YoY	2024-09-30 → 2025-09-30: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2024-09-30 & 2025-09-30
✓ Met Current ratio improved YoY	2024-09-30 → 2025-09-30: 2.26 → 2.54	Total Current Assets ÷ Total Current Liabilities, 2024-09-30 & 2025-09-30
✓ Met No new shares issued	Equity Share Capital 2024-09-30 → 2025-09-30: ₹712,000,000 → ₹712,000,000	EquityShareCapital, 2024-09-30 & 2025-09-30
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2024-09-30 → 2025-09-30: 16.64% → 13.23%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2024-09-30 & 2025-09-30
✗ Not met Asset turnover improved YoY	2024-09-30 → 2025-09-30: 0.88 → 0.87	Revenue from Operations ÷ Total Assets, 2024-09-30 & 2025-09-30

SYRMA.NS

Syrma SGS Technology Ltd.

Capital Goods

4/9

4 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹2,895,650,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 14.54% → 6.12%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.33 → 1.70	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,780,470,000 → ₹1,926,250,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 7.86% → 10.34%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.90 → 0.84	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TARIL.NS

Transformers And Rectifiers (India) Ltd.

Capital Goods

4/9

4 of 9 criteria met

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-1,053,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.00% → 0.00%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-1,053,800,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 12.94% → 17.13%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.74 → 1.82	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹300,200,000 → ₹300,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 16.45% → 16.51%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.92 → 0.94	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TORNTPHARM.NS

Torrent Pharmaceuticals Ltd.

Healthcare

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹21,630,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹30,230,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 12.75% → 4.88%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹30,230,000,000 vs Net Profit ₹21,630,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 20.19% → 33.40%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.19 → 1.13	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,690,000,000 → ₹1,690,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 25.61% → 23.93%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.77 → 0.32	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TTML.NS

Tata Teleservices (Maharashtra) Ltd.

Telecommunication

4/9

4 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,675,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 1560.23% → 1540.83%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.03 → 0.01	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹19,549,300,000 → ₹19,549,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 32.01% → 42.30%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.00 → 0.87	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

UTIAMC.NS

UTI Asset Management Company Ltd.

Financial Services

4/9

4 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,041,200,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,471,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 12.93% → 8.01%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹5,471,400,000 vs Net Profit ₹4,041,200,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,279,800,000 → ₹1,285,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 57.53% → 45.56%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.33 → 0.34	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ZEEL.NS

Zee Entertainment Enterprises Ltd.

Media Entertainment & Publication

4/9

4 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,731,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹7,081,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.95% → 1.92%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹7,081,000,000 vs Net Profit ₹2,731,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 1.17% → 1.25%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 6.56 → 5.59	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹961,000,000 → ₹961,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 12.74% → 4.04%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.60 → 0.57	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

3MINDIA.NS

3M India Ltd.

Diversified

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,137,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 5.41%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.34 → 2.18	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹112,651,000 → ₹112,700,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.65% → 19.09%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.47 → 1.62	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ABSLAMC.NS

Aditya Birla Sun Life AMC Ltd.

Financial Services

3/9

3 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹9,750,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹8,119,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 22.62% → 22.08%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹8,119,300,000 vs Net Profit ₹9,750,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,442,400,000 → ₹1,444,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 74.21% → 69.02%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.41 → 0.42	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

AIIL.NS

Authum Investment & Infrastructure Ltd.

Financial Services

3/9

3 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹19,310,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹15,245,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.00% → 10.05%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹15,245,000,000 vs Net Profit ₹19,310,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹169,800,000 → ₹849,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 89.97% → 88.79%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.28 → 0.14	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

AJANTPHARM.NS

Ajanta Pharmaceuticals Ltd.

Healthcare

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹10,560,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,291,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 18.35% → 17.16%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹5,291,900,000 vs Net Profit ₹10,560,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.05% → 3.44%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.84 → 2.64	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹250,700,000 → ₹250,700,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 26.03% → 25.56%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.93 → 0.89	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ARE&M.NS

Amara Raja Energy & Mobility Ltd.

Automobile and Auto Components

3/9

3 of 9 criteria met

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹11,182,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.00% → 0.00%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹11,182,900,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 1.42% → 2.41%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.84 → 1.64	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹183,000,000 → ₹183,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 9.39% → 7.21%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.26 → 1.21	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

AUBANK.NS

AU Small Finance Bank Ltd.

Financial Services

3/9

3 of 4 computable criteria met (4 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹26,412,543,000	ProfitLossForThePeriod (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹18,288,660,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 1.33% → 1.38%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹18,288,660,000 vs Net Profit ₹26,412,543,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitLossForThePeriod (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
N/A — not computable No new shares issued	Equity share capital not disclosed in one of the two years.	—
N/A — not computable Operating margin (EBIT/Revenue) improved YoY	EBIT or revenue missing in one of the two years.	—
N/A — not computable Asset turnover improved YoY	Revenue or total assets missing in one of the two years.	—

BDL.NS

Bharat Dynamics Ltd.

Capital Goods

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,040,017,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.38 → 2.01	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,832,812,000 → ₹1,832,812,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 22.48% → 23.39%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.28 → 0.17	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

BEML.NS

BEML Ltd.

Capital Goods

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,415,716,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹1,182,255,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 4.98% → 2.02%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹1,182,255,000 vs Net Profit ₹1,415,716,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 3.89% → 4.38%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.65 → 2.01	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹417,722,000 → ₹417,722,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 11.39% → 5.63%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.68 → 0.62	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CARBORUNIV.NS

Carborundum Universal Ltd.

Capital Goods

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹1,947,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹3,673,500,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.30% → 3.68%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹3,673,500,000 vs Net Profit ₹1,947,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 2.59% → 5.76%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.35 → 2.67	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹190,400,000 → ₹190,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 11.05% → 7.76%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.05 → 0.98	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CHAMBLFERT.NS

Chambal Fertilizers & Chemicals Ltd.

Chemicals

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹19,533,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹1,377,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 14.46% → 13.56%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹1,377,700,000 vs Net Profit ₹19,533,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.72% → 7.32%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.08 → 2.33	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹4,006,500,000 → ₹4,006,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 14.23% → 11.81%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.46 → 1.44	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

COROMANDEL.NS

Coromandel International Ltd.

Chemicals

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹19,561,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹15,575,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 10.92% → 7.98%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹15,575,400,000 vs Net Profit ₹19,561,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 1.23% → 3.54%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.89 → 1.51	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹294,600,000 → ₹295,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 11.20% → 9.63%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.27 → 1.28	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

DMART.NS

Avenue Supermarts Ltd.

Consumer Services

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹29,704,910,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹34,667,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 11.13% → 10.06%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹34,667,400,000 vs Net Profit ₹29,704,910,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 3.37% → 8.21%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.89 → 1.98	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹6,507,300,000 → ₹6,519,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 6.30% → 6.14%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 2.44 → 2.33	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HONAUT.NS

Honeywell Automation India Ltd.

Capital Goods

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,926,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.59 → 3.53	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹88,000,000 → ₹88,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.00% → 15.61%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.75 → 0.75	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HSCL.NS

Himadri Speciality Chemical Ltd.

Chemicals

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹7,513,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹3,820,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 11.93% → 11.91%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹3,820,000,000 vs Net Profit ₹7,513,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 6.63% → 12.16%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.56 → 2.28	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹493,800,000 → ₹504,500,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 18.45% → 22.86%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.99 → 0.74	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

INDIACEM.NS

India Cements Ltd.

Construction Materials

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-267,400,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 8.42% → 9.74%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.27 → 0.92	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹3,099,000,000 → ₹3,099,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: -9.96% → 4.13%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.30 → 0.33	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

JYOTICNC.NS

Jyoti CNC Automation Ltd.

Capital Goods

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹543,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 17.80% → 23.50%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.15 → 2.26	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹454,800,000 → ₹454,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 25.80% → 25.66%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.65 → 0.58	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

KOTAKBANK.NS

Kotak Mahindra Bank Ltd.

Financial Services

3/9

3 of 4 computable criteria met (4 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹191,806,200,000	ProfitLossForThePeriod (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹417,265,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.49% → 1.91%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹417,265,200,000 vs Net Profit ₹191,806,200,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitLossForThePeriod (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
N/A — not computable No new shares issued	Equity share capital not disclosed in one of the two years.	—
N/A — not computable Operating margin (EBIT/Revenue) improved YoY	EBIT or revenue missing in one of the two years.	—
N/A — not computable Asset turnover improved YoY	Revenue or total assets missing in one of the two years.	—

LLOYDSME.NS

Lloyds Metals And Energy Ltd.

Metals & Mining

3/9

3 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹36,808,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹29,213,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✗ Not met Operating cash flow exceeds net income	CFO ₹29,213,200,000 vs Net Profit ₹36,808,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 8.03% → 48.93%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.43 → 0.81	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹523,200,000 → ₹562,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 28.62% → 33.46%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.71 → 0.41	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MAXHEALTH.NS

Max Healthcare Institute Ltd.

Healthcare

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹16,333,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 19.79% → 20.19%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.88 → 0.89	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹9,721,400,000 → ₹9,731,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 23.41% → 23.39%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.46 → 0.49	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

M&MFIN.NS

Mahindra & Mahindra Financial Services Ltd.

Financial Services

3/9

3 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹28,545,300,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-127,721,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 1.57% → 1.80%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-127,721,800,000 vs Net Profit ₹28,545,300,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,469,800,000 → ₹2,779,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 61.62% → 61.05%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.13 → 0.13	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MPHASIS.NS

MphasiS Ltd.

Information Technology

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹18,626,020,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,532,810,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 11.42% → 10.47%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹12,532,810,000 vs Net Profit ₹18,626,020,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 7.49% → 10.08%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.57 → 1.38	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,900,840,000 → ₹1,908,270,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.05% → 17.31%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.95 → 0.89	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MSUMI.NS

Motherson Sumi Wiring India Ltd.

Automobile and Auto Components

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹7,613,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 7.22% → 4.91%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.58 → 1.62	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹4,421,100,000 → ₹6,631,700,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.91% → 7.39%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 2.50 → 2.42	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ONESOURCE.NS

Onesource Specialty Pharma Ltd.

Healthcare

3/9

3 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹-738,030,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹85,230,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✓ Met Operating cash flow exceeds net income	CFO ₹85,230,000 vs Net Profit ₹-738,030,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 10.22% → 15.55%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.98 → 0.99	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹114,430,000 → ₹114,620,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 14.54% → 2.82%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.19 → 0.17	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

RAINBOW.NS

Rainbow Childrens Medicare Ltd.

Healthcare

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹2,783,230,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,196,550,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 10.24% → 10.03%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹4,196,550,000 vs Net Profit ₹2,783,230,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 5.53 → 3.59	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,015,520,000 → ₹1,015,590,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 26.55% → 25.68%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.64 → 0.61	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

RVNL.NS

Rail Vikas Nigam Ltd.

Construction

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹8,746,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-18,939,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 6.26% → 4.03%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-18,939,300,000 vs Net Profit ₹8,746,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 26.31% → 22.18%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.06 → 1.91	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹20,850,200,000 → ₹20,850,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 10.51% → 7.38%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.97 → 0.94	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SHRIRAMFIN.NS

Shriram Finance Ltd.

Financial Services

3/9

3 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹100,241,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-132,814,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 3.25% → 3.12%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-132,814,300,000 vs Net Profit ₹100,241,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹3,760,800,000 → ₹3,763,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 70.29% → 72.34%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.14 → 0.15	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SHYAMMETL.NS

Shyam Metalics and Energy Ltd.

Capital Goods

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹10,702,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹20,235,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 5.57% → 5.33%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹20,235,600,000 vs Net Profit ₹10,702,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 4.78% → 4.89%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.20 → 1.00	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,782,200,000 → ₹2,782,900,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 9.15% → 8.92%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.93 → 0.92	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SUNDARMFIN.NS

Sundaram Finance Ltd.

Financial Services

3/9

3 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹20,588,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-58,922,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.49% → 2.40%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-58,922,300,000 vs Net Profit ₹20,588,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,102,100,000 → ₹1,102,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 78.64% → 76.48%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.11 → 0.11	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SUPREMEIND.NS

Supreme Industries Ltd.

Capital Goods

3/9

3 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,146,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✓ Met Operating cash flow exceeds net income	CFO ₹12,146,700,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 2.36 → 2.20	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹254,100,000 → ₹254,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 10.83% → 10.43%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.46 → 1.44	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TATACHEM.NS

Tata Chemicals Ltd.

Chemicals

3/9

3 of 9 criteria met

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹-18,960,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹12,690,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.62% → -4.86%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹12,690,000,000 vs Net Profit ₹-18,960,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 18.72% → 20.50%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.09 → 1.07	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹2,550,000,000 → ₹2,550,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 7.09% → 6.31%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.39 → 0.37	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TIMKEN.NS

Timken India Ltd.

Capital Goods

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,455,870,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 3.82 → 2.97	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹752,190,000 → ₹752,190,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 17.70% → 16.00%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.92 → 0.94	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TITAGARH.NS

Titagarh Rail Systems Ltd.

Capital Goods

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹3,224,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✓ Met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 14.07% → 12.92%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.99 → 1.81	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹269,300,000 → ₹269,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 12.38% → 10.84%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.03 → 0.79	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TMPV.NS

Tata Motors Passenger Vehicles Ltd.

Automobile and Auto Components

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹823,900,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹130,410,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 7.35% → 21.57%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹130,410,000,000 vs Net Profit ₹823,900,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 16.51% → 18.32%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 0.96 → 0.84	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹7,360,000,000 → ₹7,370,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.90% → 1.46%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.16 → 0.88	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

VTL.NS

Vardhman Textiles Ltd.

Textiles

3/9

3 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹7,452,500,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹11,081,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 7.10% → 5.37%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹11,081,200,000 vs Net Profit ₹7,452,500,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 9.96% → 13.38%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 4.63 → 4.15	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹569,000,000 → ₹569,200,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 12.24% → 10.11%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.79 → 0.71	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

ZFCVINDIA.NS

ZF Commercial Vehicle Control Systems India Ltd.

Automobile and Auto Components

3/9

3 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹8,101,580,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 5.80 → 5.30	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹94,838,000 → ₹94,838,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 16.05% → 17.15%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 1.01 → 0.93	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

BALRAMCHIN.NS

Balrampur Chini Mills Ltd.

Fast Moving Consumer Goods

2/9

2 of 8 computable criteria met (8 of 9 total computable)

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹5,994,726,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
✓ Met Operating cash flow exceeds net income	CFO ₹5,994,726,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 36.84% → 37.70%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.29 → 1.13	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹201,902,000 → ₹201,950,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 11.46% → 9.58%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.76 → 0.75	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CANFINHOME.NS

Can Fin Homes Ltd.

Financial Services

2/9

2 of 4 computable criteria met (4 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-29,395,020,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹266,331,000 → ₹266,331,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 91.94% → 91.71%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.09 → 0.10	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CHOLAFIN.NS

Cholamandalam Investment and Finance Company Ltd.

Financial Services

2/9

2 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹52,326,100,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-300,208,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.11% → 2.13%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-300,208,000,000 vs Net Profit ₹52,326,100,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,682,500,000 → ₹1,704,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 70.56% → 68.73%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.13 → 0.13	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CHOLAHLDNG.NS

Cholamandalam Financial Holdings Ltd.

Financial Services

2/9

2 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹24,412,900,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-300,327,700,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.97% → 0.91%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-300,327,700,000 vs Net Profit ₹24,412,900,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹187,800,000 → ₹187,800,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 57.04% → 55.57%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.15 → 0.15	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

COLPAL.NS

Colgate Palmolive (India) Ltd.

Fast Moving Consumer Goods

2/9

2 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹18,063,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.00% → 0.00%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.65 → 1.28	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹272,000,000 → ₹272,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 32.02% → 30.04%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 2.00 → 1.77	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

FACT.NS

Fertilisers and Chemicals Travancore Ltd.

Chemicals

2/9

2 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-9,956,964,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 29.60% → 66.79%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.02 → 0.93	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹6,470,720,000 → ₹6,470,720,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 6.78% → 3.67%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.68 → 0.96	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

IREDA.NS

Indian Renewable Energy Development Agency Ltd.

Financial Services

2/9

2 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹18,740,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-144,765,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 2.22% → 2.00%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-144,765,800,000 vs Net Profit ₹18,740,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹26,877,600,000 → ₹28,092,300,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 92.60% → 87.15%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.08 → 0.09	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

J&KBANK.NS

Jammu & Kashmir Bank Ltd.

Financial Services

2/9

2 of 4 computable criteria met (4 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹23,675,800,000	ProfitLossForThePeriod (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-17,066,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 1.23% → 1.25%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-17,066,800,000 vs Net Profit ₹23,675,800,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitLossForThePeriod (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
N/A — not computable No new shares issued	Equity share capital not disclosed in one of the two years.	—
N/A — not computable Operating margin (EBIT/Revenue) improved YoY	EBIT or revenue missing in one of the two years.	—
N/A — not computable Asset turnover improved YoY	Revenue or total assets missing in one of the two years.	—

MAHABANK.NS

Bank of Maharashtra

Financial Services

2/9

2 of 4 computable criteria met (4 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹70,206,400,000	ProfitLossForThePeriod (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-113,360,341,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✓ Met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 1.49% → 1.64%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-113,360,341,000 vs Net Profit ₹70,206,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitLossForThePeriod (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
N/A — not computable No new shares issued	Equity share capital not disclosed in one of the two years.	—
N/A — not computable Operating margin (EBIT/Revenue) improved YoY	EBIT or revenue missing in one of the two years.	—
N/A — not computable Asset turnover improved YoY	Revenue or total assets missing in one of the two years.	—

OLAELEC.NS

Ola Electric Mobility Ltd.

Automobile and Auto Components

2/9

▼ Weak (Piotroski's 0–2 band)

2 of 9 criteria met

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹-18,330,000,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-7,750,000,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: -20.40% → -23.54%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹-7,750,000,000 vs Net Profit ₹-18,330,000,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 27.48% → 31.79%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.87 → 1.14	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹44,110,000,000 → ₹44,110,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: -41.80% → -65.20%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.41 → 0.29	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

POLYMED.NS

Poly Medicure Ltd.

Healthcare

2/9

▼ Weak (Piotroski's 0–2 band)

2 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹3,221,396,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹2,406,909,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 10.60% → 8.22%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹2,406,909,000 vs Net Profit ₹3,221,396,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 5.56% → 8.72%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 5.18 → 3.37	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹506,629,000 → ₹506,797,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 27.51% → 23.83%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.52 → 0.48	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

PPLPHARMA.NS

Piramal Pharma Ltd.

Healthcare

2/9

▼ Weak (Piotroski's 0–2 band)

2 of 9 criteria met

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹-3,259,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹16,525,900,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.58% → -1.81%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✓ Met Operating cash flow exceeds net income	CFO ₹16,525,900,000 vs Net Profit ₹-3,259,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 30.11% → 30.59%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 1.54 → 1.51	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹13,243,500,000 → ₹13,271,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 8.34% → 3.42%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.58 → 0.49	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SBICARD.NS

SBI Cards and Payment Services Ltd.

Financial Services

2/9

2 of 4 computable criteria met (4 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹4,930,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹9,513,600,000 → ₹9,516,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 31.87% → 30.07%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.28 → 0.30	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SONACOMS.NS

Sona BLW Precision Forgings Ltd.

Automobile and Auto Components

2/9

2 of 6 computable criteria met (6 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✓ Met Positive operating cash flow	CFO 2026-03-31: ₹6,590,620,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.21% → 3.25%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 6.94 → 3.40	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹6,217,180,000 → ₹6,218,470,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 23.85% → 20.47%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.54 → 0.60	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

TECHNOE.NS

Techno Electric & Engineering Company Ltd.

Construction

2/9

▼ Weak (Piotroski's 0–2 band)

2 of 9 criteria met

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹4,738,670,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-5,899,560,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 8.36% → 7.98%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-5,899,560,000 vs Net Profit ₹4,738,670,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Leverage (Debt/Assets) decreased YoY	2025-03-31 → 2026-03-31: 0.77% → 1.22%	Total Debt ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Current ratio improved YoY	2025-03-31 → 2026-03-31: 4.70 → 4.06	Total Current Assets ÷ Total Current Liabilities, 2025-03-31 & 2026-03-31
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹232,599,000 → ₹232,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 21.65% → 18.28%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.45 → 0.55	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

360ONE.NS

360 ONE WAM Ltd.

Financial Services

1/9

1 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹12,161,700,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-29,210,600,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 5.14% → 4.47%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-29,210,600,000 vs Net Profit ₹12,161,700,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹393,100,000 → ₹406,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 70.45% → 61.15%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.17 → 0.16	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

CREDITACC.NS

CreditAccess Grameen Ltd.

Financial Services

1/9

1 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹0	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-27,702,100,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 0.00% → 0.00%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-27,702,100,000 vs Net Profit ₹0 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,597,200,000 → ₹1,602,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 46.18% → 48.40%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.21 → 0.19	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HOMEFIRST.NS

Home First Finance Company India Ltd.

Financial Services

1/9

1 of 4 computable criteria met (4 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-19,397,840,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹180,110,000 → ₹208,660,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 79.54% → 78.35%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✓ Met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.13 → 0.13	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

HUDCO.NS

Housing & Urban Development Corporation Ltd.

Financial Services

1/9

1 of 4 computable criteria met (4 of 9 total computable)

9 criteria

N/A — not computable Positive net income	Net profit not disclosed for this year.	—
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-339,122,200,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
N/A — not computable Return on assets improved YoY	Net profit or total assets missing in one of the two years.	—
N/A — not computable Operating cash flow exceeds net income	CFO or net profit not disclosed for this year.	—
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✓ Met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹20,019,000,000 → ₹20,019,000,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 100.71% → 92.41%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.08 → 0.08	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

MOTILALOFS.NS

Motilal Oswal Financial Services Ltd.

Financial Services

1/9

1 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹18,693,099,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-60,706,997,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 7.36% → 4.30%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-60,706,997,000 vs Net Profit ₹18,693,099,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹599,313,000 → ₹601,860,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 53.76% → 40.55%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.25 → 0.22	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

NUVAMA.NS

Nuvama Wealth Management Ltd.

Financial Services

1/9

1 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✓ Met Positive net income	Net Profit 2026-03-31: ₹10,410,400,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-30,135,300,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: 3.47% → 3.02%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-30,135,300,000 vs Net Profit ₹10,410,400,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹359,700,000 → ₹364,100,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✗ Not met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 51.29% → 50.70%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.15 → 0.13	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31

SAMMAANCAP.NS

Sammaan Capital Ltd.

Financial Services

1/9

1 of 7 computable criteria met (7 of 9 total computable)

9 criteria

✗ Not met Positive net income	Net Profit 2026-03-31: ₹-71,445,600,000	ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
✗ Not met Positive operating cash flow	CFO 2026-03-31: ₹-74,658,800,000	CashFlowsFromUsedInOperatingActivities (2026-03-31)
✗ Not met Return on assets improved YoY	ROA 2025-03-31 → 2026-03-31: -2.58% → -9.62%	Net Profit ÷ Total Assets, 2025-03-31 & 2026-03-31
✗ Not met Operating cash flow exceeds net income	CFO ₹-74,658,800,000 vs Net Profit ₹-71,445,600,000 (2026-03-31)	CashFlowsFromUsedInOperatingActivities vs ProfitOrLossAttributableToOwnersOfParent (2026-03-31)
N/A — not computable Leverage (Debt/Assets) decreased YoY	Total debt or total assets missing in one of the two years.	—
N/A — not computable Current ratio improved YoY	Current assets/liabilities missing (common for banks/NBFCs) in one of the two years.	—
✗ Not met No new shares issued	Equity Share Capital 2025-03-31 → 2026-03-31: ₹1,627,000,000 → ₹2,287,600,000	EquityShareCapital, 2025-03-31 & 2026-03-31
✓ Met Operating margin (EBIT/Revenue) improved YoY	2025-03-31 → 2026-03-31: 28.01% → 40.82%	(ProfitBeforeExceptionalItemsAndTax + FinanceCosts) ÷ Revenue from Operations, 2025-03-31 & 2026-03-31
✗ Not met Asset turnover improved YoY	2025-03-31 → 2026-03-31: 0.12 → 0.11	Revenue from Operations ÷ Total Assets, 2025-03-31 & 2026-03-31