Diginex Limited

DGNX Industrials Consulting Services

Diginex Limited’s revenue for fiscal 2026 (year ended March 2026) was $3.6 million, up 77.2% from fiscal 2025.

1.18 0.02 +1.72%
Market cap
$33.8M
P/E
—
Fwd P/E
—
Dividend yield
—
F-score
3/9
Altman Z
−3.15
Beneish M
−3.32
Dividend safety
n/a

Diginex Limited (DGNX) Piotroski F-score

Alert me on Piotroski F-score

Diginex Limited's Piotroski F-score for fiscal 2026 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2025.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2026 3 0.00
FY2025 3 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets (94.97%) (144.45%) Fail 0
Positive operating cash flow (14.11m) (7.67m) Fail 0
Rising return on assets (94.97%) (144.45%) Pass 1
Cash flow above net income 17.04m (2.46m) Pass 1
Falling long-term leverage 0.00 0.03 Pass 1
Rising current ratio 1.72 3.79 Fail 0
No new shares issued 25,879,000 15,664,000 Fail 0
Rising gross margin 100.00% 100.00% Fail 0
Rising asset turnover 0.11 0.57 Fail 0
Piotroski F-score Weak — most fundamentals deteriorated 3

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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