Advanced
Advanced Screener.in: Custom Formulas and Forensic Screens
For investors who already write basic Screener.in queries and want screens that hold up. The first half is about writing formulas properly: handling nulls, zero denominators and negative values, building composite scores in one query, and testing multi-year consistency. The second half turns those skills into forensic screens: cash conversion, accruals, other income dependence, capitalisation creep, receivable and inventory build-ups, the cash-and-debt paradox, Piotroski and Beneish style scoring, and promoter pledge and dilution filters. It closes by testing screens against real Indian collapses such as DHFL, Manpasand and Yes Bank, and by building a quarterly review routine that separates genuine red flags from false positives.
Screener.in Query LanguageCustom FormulasEarnings QualityForensic Accounting ScreensPiotroski F-ScoreBeneish M-ScorePromoter Pledge and GovernanceRed-Flag Screening Workflow
MODULES
6
DURATION
~3 hrs
TRACK
Stock Market Basics
What You'll Master
Write Screener.in queries that handle nulls, zero denominators and negative values without silently dropping companies
Combine several conditions into a single composite score inside one query
Screen for poor earnings quality using cumulative cash conversion, accruals and other income dependence
Spot balance sheet warning signs such as rising debtor days, inventory build-ups and high cash alongside high debt
Apply and adapt the Piotroski F-Score and an approximate Beneish M-Score to Indian listed companies
Filter for promoter pledging, stake reductions and equity dilution
Test a forensic screen against known Indian collapses and recognise sector-driven false positives
Run a repeatable quarterly forensic review on your holdings and watchlist
Access Level
PRO
Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates
Curriculum Breakdown
Chapter 1: Formula Engineering on Screener.in
3 Lessonsโถ
Nulls, Zero Denominators and Negative Values: Why Screens Silently Drop Companies10 min read
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Building Composite Scores Inside a Single Query11 min read
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Multi-Year Consistency Tests With Preceding-Year and N-Years-Back Fields10 min read
Chapter 2: Earnings Quality Screens
4 Lessons๐
Cumulative Cash Conversion: Five-Year Operating Cash Flow Against Five-Year Profit11 min read
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The Accruals Ratio as a Screen10 min read
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Other Income Dependence and One-Off Gains9 min read
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Capitalisation Creep: CWIP and Fixed Assets Growing Faster Than Sales10 min read
Chapter 3: Balance Sheet Forensics
3 Lessons๐
Receivables Outrunning Sales: Screening Debtor Days Trends10 min read
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Inventory Build-Up and Cash Conversion Cycle Drift10 min read
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The Cash-and-Debt Paradox: Large Cash Balances Alongside Heavy Borrowing10 min read
Chapter 4: Forensic Scoring Models
3 Lessons๐
Piotroski F-Score: How to Use It and Where It Fails11 min read
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Approximating the Beneish M-Score With Screener.in Data12 min read
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Building Your Own Red-Flag Composite11 min read
Chapter 5: Governance and Ownership Screens
2 Lessons๐
Promoter Pledge, Stake Changes and Equity Dilution10 min read
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What Screens Cannot Catch: Related Parties, Auditor Changes and Contingent Liabilities10 min read
Chapter 6: From Red Flag to Verdict
3 Lessons๐
Validating Screens Against Known Collapses: DHFL, Manpasand and Yes Bank12 min read
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False Positives: Banks, NBFCs, Real Estate and Infrastructure10 min read
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A Quarterly Forensic Review Routine9 min read