Khemani Distributors & Marketing (BOM:539788) Altman Z2-Score: 1.40 (As of Jul. 15, 2026) — 88% Below Median

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BOM:539788 Khemani Distributors & Marketing Ltd BOM:539788
61 GF Score
Price ₹119.60
GF Value ₹81.64
! 2 Warning Signs
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What is Khemani Distributors & Marketing Altman Z2-Score?

Khemani Distributors & Marketing BOM:539788 61 Altman Z2-Score is 1.40 as of Jul. 15, 2026, which is 88% below its 10-year median of 11.99. GuruFocus rates BOM:539788 with a GF Score™ of 61/100 and a GF Value™ of ₹81.64. The stock has 2 warning signs investors should review. Among 1,964 Consumer Packaged Goods companies, Khemani Distributors & Marketing ranks worse than 84.78% 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.

Khemani Distributors & Marketing has a Altman Z2-Score of 1.40, indicating it is in Grey Zones. This implies that Khemani Distributors & Marketing is in some kind of financial stress. If it is below 1.1, the company may face bankrupcy risk.

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 Khemani Distributors & Marketing's Altman Z2-Score or its related term are showing as below:

BOM:539788' s Altman Z2-Score Range Over the Past 10 Years
Min: 1.4   Med: 11.99   Max: 22.78
Current: 1.4

During the past 12 years, Khemani Distributors & Marketing's highest Altman Z2-Score was 22.78. The lowest was 1.40. And the median was 11.99.


Khemani Distributors & Marketing  (BOM:539788) 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.


Khemani Distributors & Marketing Altman Z2-Score Related Terms


Khemani Distributors & Marketing Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Khemani Distributors & Marketing'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.

Khemani Distributors & Marketing Altman Z2-Score Chart

Khemani Distributors & Marketing 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 13.99 8.80 19.21 15.08 1.40

Khemani Distributors & Marketing Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 19.21 0.00 15.08 0.00 1.40

BOM:539788 vs PG, CL, KVUE: Altman Z2-Score Comparison

For the Household & Personal Products subindustry, Khemani Distributors & Marketing'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.


Khemani Distributors & Marketing Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Khemani Distributors & Marketing's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Khemani Distributors & Marketing's Altman Z2-Score falls into.


BOM:539788
61GF Score
Khemani Distributors & Marketing Ltd BOM:539788
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Khemani Distributors & Marketing 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.

Khemani Distributors & Marketing'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*-0.1911+3.26*0.478+6.72*-0.1402+1.05*1.9411
=1.40

* 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 ₹1,203.0 Mil.
Total Current Assets was ₹174.8 Mil.
Total Current Liabilities was ₹404.7 Mil.
Retained Earnings was ₹575.0 Mil.
Pre-Tax Income was ₹-173.5 Mil.
Interest Expense was ₹-4.9 Mil.
Total Liabilities was ₹409.0 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
=(174.766 - 404.688)/1203.035
=-0.1911

X2=Retained Earnings/Total Assets
=575.003/1203.035
=0.478

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-173.486 - -4.856)/1203.035
=-0.1402

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(793.998 - 0)/409.037
=1.9411

The zones of discrimination were as such:

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

Khemani Distributors & Marketing has a Altman Z2-Score of 1.40 indicating it is in Grey Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 1.40 mean?
Khemani Distributors & Marketing (BOM:539788) has a Altman Z2-Score of 1.40 as of Jul. 15, 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 Khemani Distributors & Marketing and its competitors. This is 88% below median its historical median of 11.99. Over the past decade, Khemani Distributors & Marketing's Altman Z2-Score has ranged from 1.40 to 22.78. According to the industry distribution chart, Khemani Distributors & Marketing ranks #1665 out of 1964 companies in the Consumer Packaged Goods industry, placing it in the top 84.8%.
Is Khemani Distributors & Marketing's Altman Z2-Score too high?
Khemani Distributors & Marketing's current Altman Z2-Score of 1.40 is 88% below median its 10-year median of 11.99. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 22.78. The Consumer Packaged Goods industry median Altman Z2-Score is 3.74. Khemani Distributors & Marketing's value of 1.40 is 62.5% below this industry median. Based on the distribution chart, Khemani Distributors & Marketing ranks #1665 out of 1964 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Khemani Distributors & Marketing has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Khemani Distributors & Marketing's Altman Z2-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Khemani Distributors & Marketing ranks #1665 out of 1964 companies for Altman Z2-Score. This places Khemani Distributors & Marketing in the lower half of its industry. The industry median Altman Z2-Score is 3.74. Khemani Distributors & Marketing's value of 1.40 is 62.5% below this benchmark. Historically, Khemani Distributors & Marketing's own Altman Z2-Score has ranged from 1.40 to 22.78 over the past decade. While the company's 10-year median is 11.99 vs. the industry median of 3.74, Khemani Distributors & Marketing has consistently been below 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 1,964 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. Khemani Distributors & Marketing's current Altman Z2-Score of 1.40 is 62.5% below 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 Khemani Distributors & Marketing 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. Khemani Distributors & Marketing's current Altman Z2-Score is 1.40, which is 88% below median its own 10-year median of 11.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khemani Distributors & Marketing stock overvalued right now?
Khemani Distributors & Marketing (BOM:539788) has a current Altman Z2-Score of 1.40. The stock's GF Value™ is ₹81.64, compared to a current price of ₹119.60 — trading 46.5% above its estimated fair value. The current Altman Z2-Score is 1.40, which is 88% below median its 10-year median of 11.99 and 62.5% below the Consumer Packaged Goods industry median of 3.74. Khemani Distributors & Marketing's overall GF Score™ is 61/100 with 2 warning signs 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 Khemani Distributors & Marketing (BOM:539788), the current Altman Z2-Score is 1.40 as of Jul. 15, 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 Khemani Distributors & Marketing (BOM:539788) Overvalued in 2026?

Based on GuruFocus' analysis, Khemani Distributors & Marketing stock appears to be overvalued. The current stock price of ₹119.60 is trading 46.5% above its estimated GF Value™ of ₹81.64.

Key valuation signals for BOM:539788:

  • Altman Z2-Score: 1.40 (88% below median its 10-year median of 11.99)
  • GF Value™: ₹81.64 vs. price of ₹119.60 (46.5% above fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 62.5% below the Consumer Packaged Goods median (#1665 of 1964)

No single metric tells the full story. See the BOM:539788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Khemani Distributors & Marketing Business Description

Address Bhestan Road, Plot No. D/91-92, Laxminarayan Industrial Park, Near Baroda Rayon Corporation (BRC) Compound, Udhana, Bhestan, Surat, GJ, IND, 394210
Khemani Distributors & Marketing Ltd is a redistribution stockiest in India. It is engaged in the business of trading in FMCG products of Hindustan Unilever Limited (HUL). The company's product portfolio includes: personal care products; home care products; and food and drink products. It mainly caters to the retailers and wholesalers of Surat, wherein it supplies a range of HUL FMCG products. The company's operating segments are: FMCG, which derives maximum revenue, and Securities.
61GF Score

Get the complete analysis for BOM:539788

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

₹119.60
Price
₹81.64
GF Value