Glaam Up Jwel (BOM:542477) Altman Z2-Score: 3.03 (As of Aug. 07, 2026) — 38% Below Median

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BOM:542477 Glaam Up Jwel Ltd BOM:542477
22 GF Score
Price ₹22.00
! 8 Warning Signs
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What is Glaam Up Jwel Altman Z2-Score?

Glaam Up Jwel BOM:542477 22 Altman Z2-Score is 3.03 as of Aug. 07, 2026, which is 38% below its 10-year median of 4.86. GuruFocus rates BOM:542477 with a GF Score™ of 22/100. The stock has 8 warning signs investors should review. Among 2,600 Metals & Mining companies, Glaam Up Jwel ranks better than 53.58% 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:

Glaam Up Jwel has a Altman Z2-Score of 3.03, 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 Glaam Up Jwel's Altman Z2-Score or its related term are showing as below:

BOM:542477' s Altman Z2-Score Range Over the Past 10 Years
Min: 3.03   Med: 4.86   Max: 7.16
Current: 3.03

During the past 8 years, Glaam Up Jwel's highest Altman Z2-Score was 7.16. The lowest was 3.03. And the median was 4.86.


Glaam Up Jwel  (BOM:542477) 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.


Glaam Up Jwel Altman Z2-Score Related Terms


Glaam Up Jwel Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Glaam Up Jwel'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.

Glaam Up Jwel Altman Z2-Score Chart

Glaam Up Jwel Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial 5.05 5.19 5.36 3.09 3.03

Glaam Up Jwel Semi-Annual Data
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 5.36 0.00 3.09 0.00 3.03

BOM:542477 vs AA: Altman Z2-Score Comparison

For the Aluminum subindustry, Glaam Up Jwel'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.


Glaam Up Jwel Altman Z2-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Glaam Up Jwel's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Glaam Up Jwel's Altman Z2-Score falls into.


BOM:542477
22GF Score
Glaam Up Jwel Ltd BOM:542477
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Glaam Up Jwel 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.

Glaam Up Jwel'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*0.3878+3.26*0+6.72*0.0049+1.05*0.4281
=3.03

* 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 ₹333.3 Mil.
Total Current Assets was ₹333.1 Mil.
Total Current Liabilities was ₹203.9 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹1.6 Mil.
Interest Expense was ₹0.0 Mil.
Total Liabilities was ₹233.4 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
=(333.123 - 203.857)/333.317
=0.3878

X2=Retained Earnings/Total Assets
=0/333.317
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1.633 - 0)/333.317
=0.0049

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(99.912 - 0)/233.405
=0.4281

The zones of discrimination were as such:

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

Glaam Up Jwel has a Altman Z2-Score of 3.03 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.03 mean?
Glaam Up Jwel (BOM:542477) has a Altman Z2-Score of 3.03 as of Aug. 07, 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 Glaam Up Jwel and its competitors. This is 38% below median its historical median of 4.86. Over the past decade, Glaam Up Jwel's Altman Z2-Score has ranged from 3.03 to 7.16. According to the industry distribution chart, Glaam Up Jwel ranks #1207 out of 2600 companies in the Metals & Mining industry, placing it in the top 46.4%.
Is Glaam Up Jwel's Altman Z2-Score too high?
Glaam Up Jwel's current Altman Z2-Score of 3.03 is 38% below median its 10-year median of 4.86. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 7.16. The Metals & Mining industry median Altman Z2-Score is 2.28. Glaam Up Jwel's value of 3.03 is 33.2% above this industry median. Based on the distribution chart, Glaam Up Jwel ranks #1207 out of 2600 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Glaam Up Jwel has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Glaam Up Jwel's Altman Z2-Score compare to AA?
According to the Metals & Mining industry distribution chart, Glaam Up Jwel ranks #1207 out of 2600 companies for Altman Z2-Score. This puts Glaam Up Jwel in the upper half of its industry. The industry median Altman Z2-Score is 2.28. Glaam Up Jwel's value of 3.03 is 33.2% above this benchmark. Historically, Glaam Up Jwel's own Altman Z2-Score has ranged from 3.03 to 7.16 over the past decade. While the company's 10-year median is 4.86 vs. the industry median of 2.28, Glaam Up Jwel 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 Metals & Mining company?
The median Altman Z2-Score among Metals & Mining companies is 2.28, based on 2,600 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. Glaam Up Jwel's current Altman Z2-Score of 3.03 is 33.2% 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 Glaam Up Jwel and its competitors. For the Metals & Mining industry, the median Altman Z2-Score is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glaam Up Jwel's current Altman Z2-Score is 3.03, which is 38% below median its own 10-year median of 4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glaam Up Jwel stock overvalued right now?
Glaam Up Jwel (BOM:542477) has a current Altman Z2-Score of 3.03. The current Altman Z2-Score is 3.03, which is 38% below median its 10-year median of 4.86 and 33.2% above the Metals & Mining industry median of 2.28. Glaam Up Jwel's overall GF Score™ is 22/100 with 8 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 Glaam Up Jwel (BOM:542477), the current Altman Z2-Score is 3.03 as of Aug. 07, 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.

Glaam Up Jwel Business Description

Address 825 Iconic Shyamal Shyamal Cross Road, 132 Ring Road, Jodhpur Char Rasta, Ahmedabad, GJ, IND, 380015
Glaam Up Jwel Ltd, formerly Gleam Fabmat Ltd is engaged in manufacturing, importing, exporting, buying, selling, dealing, and trading in all categories of diamonds, rough diamonds, pearls, gems, jewellery, precious and semi-precious stones, bullion, precious metals, and related products, as well as undertaking activities such as cutting, polishing, processing, and representing foreign companies in the Indian market. The Company operates in two primary business segments: trading in aluminum and allied metal products, and trading in textile products, with trading in aluminum and allied metal products contributing the majority of its total revenue.
22GF Score

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