Avanti Feeds (BOM:512573) Altman Z2-Score: 13.45 (As of Jul. 25, 2026) — Near Median

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BOM:512573 Avanti Feeds Ltd BOM:512573
87 GF Score
Price ₹978.15
GF Value ₹722.83
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Avanti Feeds Altman Z2-Score?

Avanti Feeds BOM:512573 +1.97% 87 Altman Z2-Score is 13.45 as of Jul. 25, 2026, which is 3% above its 10-year median of 13.09. GuruFocus rates BOM:512573 with a GF Score™ of 87/100 and a GF Value™ of ₹722.83 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,957 Consumer Packaged Goods companies, Avanti Feeds ranks better than 91.52% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Avanti Feeds has a Altman Z2-Score of 13.45, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Avanti Feeds's Altman Z2-Score or its related term are showing as below:

BOM:512573' s Altman Z2-Score Range Over the Past 10 Years
Min: 7.07   Med: 13.09   Max: 14.48
Current: 13.45

During the past 13 years, Avanti Feeds's highest Altman Z2-Score was 14.48. The lowest was 7.07. And the median was 13.09.


Avanti Feeds  (BOM:512573) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Avanti Feeds Altman Z2-Score Related Terms


Avanti Feeds Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Avanti Feeds's Altman Z2-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avanti Feeds Altman Z2-Score Chart

Avanti Feeds Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.79 13.91 13.98 13.44 13.45

Avanti Feeds Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.44 0.00 9.52 0.00 13.45

BOM:512573 vs KHC, GIS: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Avanti Feeds's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avanti Feeds Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Avanti Feeds's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Avanti Feeds's Altman Z2-Score falls into.


BOM:512573
87GF Score
Avanti Feeds Ltd BOM:512573
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avanti Feeds Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Avanti Feeds's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.5457+3.26*0.685+6.72*0.2074+1.05*5.9487
=13.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹42,604 Mil.
Total Current Assets was ₹28,329 Mil.
Total Current Liabilities was ₹5,079 Mil.
Retained Earnings was ₹29,185 Mil.
Pre-Tax Income was 1830.544 + 2222.208 + 2270.737 + 2486.242 = ₹8,810 Mil.
Interest Expense was -11.387 + -6.779 + -4.251 + -5.152 = ₹-28 Mil.
Total Liabilities was ₹5,524 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(28329.338 - 5078.699)/42603.962
=0.5457

X2=Retained Earnings/Total Assets
=29185.048/42603.962
=0.685

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(8809.731 - -27.569)/42603.962
=0.2074

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(32860.536 - 0)/5524.011
=5.9487

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Avanti Feeds has a Altman Z2-Score of 13.45 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 13.45 mean?
Avanti Feeds (BOM:512573) has a Altman Z2-Score of 13.45 as of Jul. 25, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Avanti Feeds and its competitors. This is near median its historical median of 13.09. Over the past decade, Avanti Feeds' Altman Z2-Score has ranged from 7.07 to 14.48. According to the industry distribution chart, Avanti Feeds ranks #166 out of 1957 companies in the Consumer Packaged Goods industry, placing it in the top 8.5%.
Is Avanti Feeds' Altman Z2-Score too high?
Avanti Feeds' current Altman Z2-Score of 13.45 is near median its 10-year median of 13.09. Over the past 10 years, this metric has ranged from a low of 7.07 to a high of 14.48. The Consumer Packaged Goods industry median Altman Z2-Score is 3.74. Avanti Feeds' value of 13.45 is 259.6% above this industry median. Based on the distribution chart, Avanti Feeds ranks #166 out of 1957 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Avanti Feeds has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avanti Feeds' Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Avanti Feeds ranks #166 out of 1957 companies for Altman Z2-Score. This places Avanti Feeds in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.74. Avanti Feeds' value of 13.45 is 259.6% above this benchmark. Historically, Avanti Feeds' own Altman Z2-Score has ranged from 7.07 to 14.48 over the past decade. While the company's 10-year median is 13.09 vs. the industry median of 3.74, Avanti Feeds has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Consumer Packaged Goods company?
The median Altman Z2-Score among Consumer Packaged Goods companies is 3.74, based on 1,957 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avanti Feeds's current Altman Z2-Score of 13.45 is 259.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Avanti Feeds and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avanti Feeds's current Altman Z2-Score is 13.45, which is near median its own 10-year median of 13.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanti Feeds stock overvalued right now?
Based on GuruFocus' analysis, Avanti Feeds (BOM:512573) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹722.83, compared to a current price of ₹978.15 — trading 35.3% above its estimated fair value. The current Altman Z2-Score is 13.45, which is near median its 10-year median of 13.09 and 259.6% above the Consumer Packaged Goods industry median of 3.74. Avanti Feeds' overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Avanti Feeds (BOM:512573), the current Altman Z2-Score is 13.45 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Avanti Feeds (BOM:512573) Overvalued in 2026?

Based on GuruFocus' analysis, Avanti Feeds stock appears to be overvalued. The current stock price of ₹978.15 is trading 35.3% above its estimated GF Value™ of ₹722.83. GuruFocus considers Avanti Feeds to be Significantly Overvalued.

Key valuation signals for BOM:512573:

  • Altman Z2-Score: 13.45 (near median its 10-year median of 13.09)
  • GF Value™: ₹722.83 vs. price of ₹978.15 (35.3% above fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 259.6% above the Consumer Packaged Goods median (#166 of 1957)

No single metric tells the full story. See the BOM:512573 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avanti Feeds Business Description

Other Exchanges AVANTIFEED:India
Address G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad, TG, IND, 500082
Avanti Feeds Ltd is an Indian company that is engaged in the manufacturing of prawn, shrimp, and fish feeds. The company's operating segments include Shrimp Feed, Hatchery, and Wind Mills. It generates maximum revenue from the Shrimp Feed segment. Geographically, it derives a majority of its revenue from India and also has a presence in the USA and the rest of the world.
87GF Score

Get the complete analysis for BOM:512573

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹978.15
Price
₹722.83
GF Value