Results Scan · Strength Score Reference

1 · Sales Growth

15 pts max (YoY 10 + QoQ 5)

Sub-component	Condition	Points	Formula
Sales YoY	Sales growth > 0% YoY	0 – 10	min(salesYoy, 30) / 30 × 10
	30%+ YoY → full 10 pts \| 15% → 5 pts \| ≤ 0 → 0
Sales QoQ	Sales growth > 0% QoQ	0 – 5	min(salesQoq, 20) / 20 × 5
	20%+ QoQ → full 5 pts \| Banks: Revenue used when Sales = 0

2 · Net Profit Growth

12 pts max (YoY 8 + QoQ 4)

Sub-component	Condition	Points	Notes
NP YoY (normal)	Prev year base > 0 && NP YoY > 0	0 – 8	min(npYoy, 60) / 60 × 8
NP YoY (turnaround)	Prev year base ≤ 0 && current NP > 0	3	Fixed credit — growth % not used (avoids 2600% inflation)
NP QoQ (normal)	Prev quarter base > 0 && NP QoQ > 0	0 – 4	min(npQoq, 30) / 30 × 4
NP QoQ (turnaround)	Prev quarter base ≤ 0 && current NP > 0	2	Fixed credit

3 · EBITDA (Operating Profit) Growth

8 pts max (YoY 6 + QoQ 2)

Sub-component	Condition	Points	Formula / Notes
EBITDA YoY	Prev year OP > 0 && YoY growth > 0	0 – 6	min(ebitdaYoy%, 50) / 50 × 6
EBITDA YoY (turnaround)	Prev year OP ≤ 0 && current OP > 0	2	Fixed credit
EBITDA QoQ	Prev quarter OP > 0 && QoQ growth > 0	0 – 2	min(ebitdaQoq%, 20) / 20 × 2
EBITDA QoQ (turnaround)	Prev quarter OP ≤ 0 && current OP > 0	1	Banks: OP = Revenue − Interest (NII proxy)

4 · Cash Flow Quality (CFOOP)

10 pts max · 3-year average OCF / Net Profit %

Avg CFOOP (3 yrs)	Points	Meaning
≥ 120%	10	Excellent — cash far exceeds reported profit
≥ 100%	8	Strong — all profit backed by cash
≥ 80%	6	Good
≥ 50%	4	Acceptable
< 50% or missing	0	Poor or no data

5 · Growth-to-PE (PEG proxy)

15 pts max (−3 penalty for negative growth)

Ratio = avgGrowth / PE	Points	Notes
≥ 2.5	15	Deeply undervalued relative to growth
≥ 1.8	12
≥ 1.2	9
≥ 0.75	7
≥ 0.5	4
≥ 0.25	1
≥ 0.0	0
< 0 (negative avg growth)	−3	NP YoY capped at 100% before averaging

avgGrowth = (min(NP YoY, 100%) + Sales YoY) / 2

6 · Consistency Bonus

10 pts (all-or-nothing)

Condition	Points	Metrics checked
≥ 4 of 5 metrics positive	10	NP YoY, NP QoQ, Sales YoY, Sales QoQ, EBITDA YoY
< 4 positive	0

7 · Earnings Surprise Rate

20 pts max · last 8 quarters

Beat rate	Points	Example
8 / 8	20	100% beat rate
6 / 8	15	75%
5 / 8	13	62.5%
4 / 8	10	50%
2 / 8	5	25%
0 / 8	0	Beat = NP YoY > 15%; formula: beatQty / totalQ × 20

A · ROCE

10 pts max New

ROCE %	Points	Signal
≥ 25%	10	Exceptional capital allocator / moat
≥ 20%	8	Strong compounder
≥ 15%	5	Good
≥ 10%	2	Acceptable
< 10%	0	Weak or no data

B · Debt-to-Equity

+5 to −8 New

D/E ratio	Points	Signal
= 0 (debt-free)	+5	Zero financial risk
≤ 0.5	+3	Conservatively financed
≤ 1.0	0	Neutral
≤ 2.0	−3	Elevated leverage
> 2.0	−8	High risk — debt servicing may eat profits

C · Institutional & Promoter Conviction

5 pts max New

Condition	Points	Source field
FII increasing (quarter-on-quarter)	+2	Instrument.FiiIncreasing
Promotor ≥ 50% AND Promotor increasing	+2	Instrument.PromotorHolding / PromotorIncreasing
Neither FII nor DII decreasing	+1	No smart-money exits this quarter

D · Promoter Pledge Penalty

Penalty New

Pledged %	Penalty	Meaning
≤ 10%	0	Acceptable
> 10%	−2	Minor concern
> 30%	−5	Significant stress
> 50%	−10	Major red flag — lender sell-off risk

E · Free Cash Flow Quality

3 pts max New

FCF > 0 in last 3 fiscal years	Points	Signal
3 of 3 years positive	3	Consistently self-funding
2 of 3 years positive	2	Usually positive
1 or 0 of 3 years positive	0	Capital-hungry or FCF negative

Penalties

Condition	Effect	Notes
Miss streak ≥ 2 consecutive quarters	−20 pts	Applied to strengthRaw before cap; floor = 0
Negative avgGrowth (G2PE)	−3 pts	avgGrowth < 0
D/E > 2.0	−8 pts	Via debtScore
Pledge > 50%	−10 pts	Via pledgePenalty

Screener Score Breakdown

Max 20 pts · filters: Min Score dropdown

Layer	Signal	Points	Source
Institutional	MF Accumulating (positive avg change ≥ 2 of last 3 periods)	+2	MFHoldingHistory · last 4 months
	FII Increasing (quarter-on-quarter)	+1	ShareholdingPattern.FiiIncreasing
	DII Increasing	+1	ShareholdingPattern.DiiIncreasing
	Promoter not decreasing	+1	!PromotorDecreasing
Earnings	Strength ≥ 70	+3	StrengthScore.Compute() — see above
	Strength 50–69	+2
	Strength 25–49	+1
Growth ★	Avg YoY sales growth ≥ 20% across recent quarters	+2	salesGrowthAvg in ScreenerRow
	Avg YoY sales growth 12–19%	+1	avg of YOYSalesGrowthPercentage across resultList
	Accelerating — latest 2 qtrs avg > prior 2 qtrs avg by +2 pp	+1	needs ≥ 4 quarterly results
Guidance	Bullish concall sentiment	+2	ConcallProjection.Sentiment
	Strong guidance metrics ≥ 2	+2	Improving + Strong direction/strength
	Avg concall confidence ≥ 0.8	+1	AvgConf across Metrics
Technical	Price above SMA 61	+1	Instrument.SMA61
	Price above SMA 200	+1	Instrument.SMA200
	RSI 50–75 (healthy momentum)	+1	Instrument.RSI12

Fast Mover — Trend Column & Filter

GrowthMomentum field · computed from up to 8 quarterly Result records

The Trend column in the screener table and the Fast Mover only layer filter both derive from GrowthMomentum — a string computed in ScreenerRow.cs using the same resultList already fetched for earnings quality. No extra DB query.

Badge	Condition	Score contribution
⚡ Fast	salesGrowthAvg ≥ 15% OR (salesGrowthAvg ≥ 10% AND accelerating)	Qualifies for "Fast Mover only" layer filter
▲ Growing	salesGrowthAvg ≥ 8%	—
→ Stable	salesGrowthAvg ≥ 0%	—
▼ Slowing	salesGrowthAvg < 0%	—
—	No quarterly results with sales > 0	No data

salesGrowthAvg: average of YOYSalesGrowthPercentage across all Result records where Sales > 0 and growth ≠ 0 (up to 8 quarters).
Accelerating: true when (avg of 2 most-recent quarters' YoY growth) > (avg of next 2 prior quarters) + 2 pp. Requires ≥ 4 data points.
npGrowthAvg: also computed (avg of NetProfitChangePctYOY) and returned in JSON but not shown as a separate column — used by the PEG/Valuation columns below.
Summary pill: "⚡ fast mover" pill in the results bar shows the count of Fast-tier stocks in the current result set.

Sector Filter

Screener.aspx & WealthShortlist.aspx

The Sector field on both pages is a server-rendered <select> (BindSectorDropdown() in each code-behind, populated from Sector.GetAll(SectorIndustryType.Sector)) — not free text. The selected option's value is the sector's numeric ID, sent to data.aspx as sectorId and matched exactly against Instrument.SectorIndustryLink (no substring matching, no name lookup needed).

PE / PEG / Valuation Columns

ScreenerRow.cs · Pe, PeEstimated, Peg, Valuation

Field	Source	Notes
Pe	Instrument.PE (broker/fundamentals feed)	When the feed value is 0, falls back to LTP / trailing-4Q EPS — EPS summed from quarterly `Result.EPSInRs`, filtered to `ResultPeriod.Quarter` and re-sorted to the newest 4
PeEstimated	bool	True when the fallback above was used instead of the feed value — the table shows a * next to PE with an explanatory tooltip
Peg	Pe / NpGrowthAvg	0 (shown as —) when Pe ≤ 0 or NpGrowthAvg ≤ 0
Valuation	derived from Peg	Cheap ≤ 1 · Fair ≤ 1.5 · Expensive > 1.5 · N/A when Peg ≤ 0

Verdict Logic

Same ScreenerRow engine as the Screener, stricter defaults

Verdict	Condition	Notes
★ Strong	Score ≥ 12 AND NpGrowthAvg > 0 AND De ≤ 1.5 AND Valuation ≠ Expensive	All four conditions must hold
Watch	Score ≥ 8	Doesn't clear the Strong bar
weak (filtered out)	Score < 8	Excluded entirely under the page's default Min Score filter (8+)

Differences from the Stock Screener defaults: Min Score starts at 8+ (vs. Screener's "Any"), and the Universe toggle defaults to All equities (fnoOnly=false) rather than F&O-only, since F&O eligibility is a liquidity/derivatives signal, not a quality one.

OPM% Column

Operating / NII Margin

OPM% has a different meaning depending on the company type. The column always shows the closest structural equivalent to "how much of each revenue rupee survives after the core cost of doing business."

Company type	Formula shown	Why
Non-financial FMCG, IT, Pharma, Auto…	`OPMPercentage` from DB (stored by the result scraper)	Traditional operating margin: Sales − Raw Material − Employee − Other Expenses = OP; OPM% = OP / Sales × 100
Bank / NBFC ICICIBANK, HDFCBANK…	`(Revenue − Interest) / Revenue × 100` NII Margin, computed on-the-fly	Banks have no "Sales". Their product is money; cost of product = interest paid on deposits. Net Interest Income (NII) is structurally identical to Gross Profit for a manufacturer.
Insurance ICICIPRULI, SBILIFE…	`OPMPercentage` from DB (may be negative in high-claims quarters)	Insurance OPM is volatile — large claims in one quarter can flip the margin negative. Negative values are shown in red; zero is shown as —.

Why not use stored FinancingMarginPercentage for banks?
The scraper stores FinancingProfit = Revenue − Interest − Operating Expenses (and sometimes provisions). For banks with high provisions or opex, this figure can turn negative even when the bank is highly profitable (e.g. ICICIBANK FY26 Q4: stored FinancingMarginPercentage = −29%, actual NP = ₹15,681 Cr). The on-the-fly NII% is always positive for a solvent bank and is directly comparable across all banks.

Code reference: ConcallScan.aspx.cs → CalcOpm(Result r) — priority: OPMPercentage (if non-zero) → FinancingMarginPercentage (if > 0) → (Revenue − Interest) / Revenue × 100 (if Sales = 0 and Revenue > 0).