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Pajson Agro IndiaBOM:544657 +4.09%21 Altman Z2-Score is 7.32 as of Aug. 02, 2026, which is 63% above its 10-year median of 4.50. GuruFocus rates BOM:544657 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,941 Consumer Packaged Goods companies, Pajson Agro India ranks better than 78.16% 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:
Pajson Agro India has a Altman Z2-Score of 7.32, 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 Pajson Agro India's Altman Z2-Score or its related term are showing as below:
BOM:544657'
s Altman Z2-Score Range Over the Past 10 Years
Min: 0.9 Med: 4.5 Max: 7.52
Current: 7.32
During the past 4 years, Pajson Agro India's highest Altman Z2-Score was 7.52. The lowest was 0.90. And the median was 4.50.
Pajson Agro India (BOM:544657) 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.
Altman Z2-Score does not apply to financial companies.
Pajson Agro India Altman Z2-Score Related Terms
Pajson Agro India Altman Z2-Score Historical Data
* Premium members only.
The historical data trend for Pajson Agro India'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.
Pajson Agro India Altman Z2-Score Chart
Pajson Agro India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Altman Z2-Score
0.90
1.68
7.52
7.32
Pajson Agro India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Altman Z2-Score
0.90
1.68
7.52
0.00
7.32
BOM:544657 vs KHC, GIS: Altman Z2-Score Comparison
For the Packaged Foods subindustry, Pajson Agro India'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.
Pajson Agro India Altman Z2-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Pajson Agro India's Altman Z2-Score distribution charts can be found below:
* The bar in red indicates where Pajson Agro India's Altman Z2-Score falls into.
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.
Pajson Agro India'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
*
0.4415
+
3.26
*
0.2453
+
6.72
*
0.1824
+
1.05
*
2.283
=
7.32
* 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.
Pajson Agro India (BOM:544657) has a Altman Z2-Score of 7.32 as of Aug. 02, 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 Pajson Agro India and its competitors. This is 63% above median its historical median of 4.50. Over the past decade, Pajson Agro India's Altman Z2-Score has ranged from 0.90 to 7.52. According to the industry distribution chart, Pajson Agro India ranks #424 out of 1941 companies in the Consumer Packaged Goods industry, placing it in the top 21.8%.
Is Pajson Agro India's Altman Z2-Score too high?
Pajson Agro India's current Altman Z2-Score of 7.32 is 63% above median its 10-year median of 4.50. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 7.52. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Pajson Agro India's value of 7.32 is 96.2% above this industry median. Based on the distribution chart, Pajson Agro India ranks #424 out of 1941 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Pajson Agro India has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Pajson Agro India's Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Pajson Agro India ranks #424 out of 1941 companies for Altman Z2-Score. This places Pajson Agro India in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.73. Pajson Agro India's value of 7.32 is 96.2% above this benchmark. Historically, Pajson Agro India's own Altman Z2-Score has ranged from 0.90 to 7.52 over the past decade. While the company's 10-year median is 4.50 vs. the industry median of 3.73, Pajson Agro India 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 3.73, based on 1,941 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. Pajson Agro India's current Altman Z2-Score of 7.32 is 96.2% 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 Pajson Agro India and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pajson Agro India's current Altman Z2-Score is 7.32, which is 63% above median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pajson Agro India stock overvalued right now?
Pajson Agro India (BOM:544657) has a current Altman Z2-Score of 7.32. The current Altman Z2-Score is 7.32, which is 63% above median its 10-year median of 4.50 and 96.2% above the Consumer Packaged Goods industry median of 3.73. Pajson Agro India's overall GF Score™ is 21/100 with 3 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 Pajson Agro India (BOM:544657), the current Altman Z2-Score is 7.32 as of Aug. 02, 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.
Pajson Agro India Ltd is engaged in the processing of raw cashew nuts into cashew kernels and supplies to domestic and international markets. Its product portfolio comprises various grades of cashew nuts, which are processed and packaged in bulk as well as consumer-oriented retail packs. Additionally, the company markets select dry fruits under its brand 'Royal Mewa' through a combination of e-commerce platforms and offline distribution channels. It operates through a multi-channel sales and distribution structure comprising four key verticals: Wholesale Mandis, Institutional Sales, Exports, and the B2C brand, Royal Mewa. The wholesale mandi segment contributes significantly to domestic distribution. The company derives the majority of its revenue from the sale of cashew kernels.
21GF Score
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