Bharatrohan Airborne Innovations (BOM:544535) Altman Z2-Score: 15.20 (As of Aug. 01, 2026) — 17% Above Median

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BOM:544535 Bharatrohan Airborne Innovations Ltd BOM:544535
21 GF Score
Price ₹127.50
! 4 Warning Signs
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What is Bharatrohan Airborne Innovations Altman Z2-Score?

Bharatrohan Airborne Innovations BOM:544535 -5.56% 21 Altman Z2-Score is 15.20 as of Aug. 01, 2026, which is 17% above its 10-year median of 13.04. GuruFocus rates BOM:544535 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 2,791 Software companies, Bharatrohan Airborne Innovations ranks better than 95.38% 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:

Bharatrohan Airborne Innovations has a Altman Z2-Score of 15.20, 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 Bharatrohan Airborne Innovations's Altman Z2-Score or its related term are showing as below:

BOM:544535' s Altman Z2-Score Range Over the Past 10 Years
Min: 9.59   Med: 13.04   Max: 16.32
Current: 15.2

During the past 4 years, Bharatrohan Airborne Innovations's highest Altman Z2-Score was 16.32. The lowest was 9.59. And the median was 13.04.


Bharatrohan Airborne Innovations  (BOM:544535) 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.


Bharatrohan Airborne Innovations Altman Z2-Score Related Terms


Bharatrohan Airborne Innovations Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Bharatrohan Airborne Innovations'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.

Bharatrohan Airborne Innovations Altman Z2-Score Chart

Bharatrohan Airborne Innovations Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
9.59 10.87 16.32 15.20

Bharatrohan Airborne Innovations Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z2-Score Get a 7-Day Free Trial 10.87 0.00 16.32 0.00 15.20

BOM:544535 vs IBM, ACN, FISV: Altman Z2-Score Comparison

For the Information Technology Services subindustry, Bharatrohan Airborne Innovations'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.


Bharatrohan Airborne Innovations Altman Z2-Score vs Software Industry

For the Software industry and Technology sector, Bharatrohan Airborne Innovations's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Bharatrohan Airborne Innovations's Altman Z2-Score falls into.


BOM:544535
21GF Score
Bharatrohan Airborne Innovations Ltd BOM:544535
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharatrohan Airborne Innovations 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.

Bharatrohan Airborne Innovations'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*0.8162+3.26*0+6.72*0.1406+1.05*8.4744
=15.20

* 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 ₹977.7 Mil.
Total Current Assets was ₹884.2 Mil.
Total Current Liabilities was ₹86.1 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹131.3 Mil.
Interest Expense was ₹-6.1 Mil.
Total Liabilities was ₹103.2 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
=(884.163 - 86.11)/977.716
=0.8162

X2=Retained Earnings/Total Assets
=0/977.716
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(131.309 - -6.135)/977.716
=0.1406

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(874.52 - 0)/103.196
=8.4744

The zones of discrimination were as such:

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

Bharatrohan Airborne Innovations has a Altman Z2-Score of 15.20 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 15.20 mean?
Bharatrohan Airborne Innovations (BOM:544535) has a Altman Z2-Score of 15.20 as of Aug. 01, 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 Bharatrohan Airborne Innovations and its competitors. This is 17% above median its historical median of 13.04. Over the past decade, Bharatrohan Airborne Innovations' Altman Z2-Score has ranged from 9.59 to 16.32. According to the industry distribution chart, Bharatrohan Airborne Innovations ranks #129 out of 2791 companies in the Software industry, placing it in the top 4.6%.
Is Bharatrohan Airborne Innovations' Altman Z2-Score too high?
Bharatrohan Airborne Innovations' current Altman Z2-Score of 15.20 is 17% above median its 10-year median of 13.04. Over the past 10 years, this metric has ranged from a low of 9.59 to a high of 16.32. The Software industry median Altman Z2-Score is 3.05. Bharatrohan Airborne Innovations' value of 15.20 is 398.4% above this industry median. Based on the distribution chart, Bharatrohan Airborne Innovations ranks #129 out of 2791 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Bharatrohan Airborne Innovations has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Bharatrohan Airborne Innovations' Altman Z2-Score compare to IBM and ACN?
According to the Software industry distribution chart, Bharatrohan Airborne Innovations ranks #129 out of 2791 companies for Altman Z2-Score. This places Bharatrohan Airborne Innovations in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.05. Bharatrohan Airborne Innovations' value of 15.20 is 398.4% above this benchmark. Historically, Bharatrohan Airborne Innovations' own Altman Z2-Score has ranged from 9.59 to 16.32 over the past decade. While the company's 10-year median is 13.04 vs. the industry median of 3.05, Bharatrohan Airborne Innovations 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 Software company?
The median Altman Z2-Score among Software companies is 3.05, based on 2,791 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. Bharatrohan Airborne Innovations's current Altman Z2-Score of 15.20 is 398.4% 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 Bharatrohan Airborne Innovations and its competitors. For the Software industry, the median Altman Z2-Score is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharatrohan Airborne Innovations's current Altman Z2-Score is 15.20, which is 17% above median its own 10-year median of 13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharatrohan Airborne Innovations stock overvalued right now?
Bharatrohan Airborne Innovations (BOM:544535) has a current Altman Z2-Score of 15.20. The current Altman Z2-Score is 15.20, which is 17% above median its 10-year median of 13.04 and 398.4% above the Software industry median of 3.05. Bharatrohan Airborne Innovations' overall GF Score™ is 21/100 with 4 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 Bharatrohan Airborne Innovations (BOM:544535), the current Altman Z2-Score is 15.20 as of Aug. 01, 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.

Bharatrohan Airborne Innovations Business Description

Address Sector 74A, Office No-301 Tower 4 DLF Corporate Greens, Narsinghpur, Gurgaon, HR, IND, 122004
Bharatrohan Airborne Innovations Ltd is engaged in an emerging business model, distinguishing itself as an agritech and agri value chain solutions provider. It leverages drone/UAV based platforms, with a main focus on Hyperspectral Imaging (HSI) technology. This allows the Company to offer a comprehensive suite of services and products that address critical challenges across the agricultural value chain, which includes, advisory on the crop production and guidance on the Integrated Crop Management Practices which enables the sale of Agricultural Output and Agricultural Input products by the Company. It is a vertically integrated Agri-tech company focused on enabling farmers to grow profitably using Decision Support System (DSS) based on Hyperspectral Imaging and other imaging technologies.
21GF Score

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