Dhanwel Hybrid Seeds (BOM:544884) Altman Z2-Score: 5.18 (As of Aug. 31, 2026)

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BOM:544884 Dhanwel Hybrid Seeds Ltd BOM:544884
6 GF Score
Price ₹84.89
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What is Dhanwel Hybrid Seeds Altman Z2-Score?

Dhanwel Hybrid Seeds BOM:544884 -9.74% 6 Altman Z2-Score is 5.18 as of Aug. 31, 2026. GuruFocus rates BOM:544884 with a GF Score™ of 6/100. Among 1,745 Consumer Packaged Goods companies, Dhanwel Hybrid Seeds ranks worse than 57306.53% 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:

Dhanwel Hybrid Seeds has a Altman Z2-Score of 5.18, 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 Dhanwel Hybrid Seeds's Altman Z2-Score or its related term are showing as below:


Dhanwel Hybrid Seeds  (BOM:544884) 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.


Dhanwel Hybrid Seeds Altman Z2-Score Related Terms


Dhanwel Hybrid Seeds Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Dhanwel Hybrid Seeds'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.

Dhanwel Hybrid Seeds Altman Z2-Score Chart

Dhanwel Hybrid Seeds Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
0.00 0.00 0.00 0.00

Dhanwel Hybrid Seeds Quarterly Data
Mar23 Mar24 Mar25 Jun25 Mar26
Altman Z2-Score 0.00 0.00 0.00 0.00 0.00

BOM:544884 vs ADM, BG, TSN: Altman Z2-Score Comparison

For the Farm Products subindustry, Dhanwel Hybrid Seeds'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.


Dhanwel Hybrid Seeds Altman Z2-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Dhanwel Hybrid Seeds's Altman Z2-Score falls into.


BOM:544884
6GF Score
Dhanwel Hybrid Seeds Ltd BOM:544884
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dhanwel Hybrid Seeds 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.

Dhanwel Hybrid Seeds'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*0.4369+3.26*0.231+6.72*0.0546+1.05*1.1343
=5.18

* 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 ₹369.9 Mil.
Total Current Assets was ₹320.0 Mil.
Total Current Liabilities was ₹158.4 Mil.
Retained Earnings was ₹85.4 Mil.
Pre-Tax Income was 0 + 19.206 + 0 + 0 = ₹19.2 Mil.
Interest Expense was 0 + -1.007 + 0 + 0 = ₹-1.0 Mil.
Total Liabilities was ₹173.3 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
=(319.98 - 158.367)/369.869
=0.4369

X2=Retained Earnings/Total Assets
=85.428/369.869
=0.231

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(19.206 - -1.007)/369.869
=0.0546

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(196.571 - 0)/173.298
=1.1343

The zones of discrimination were as such:

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

Dhanwel Hybrid Seeds has a Altman Z2-Score of 5.18 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 5.18 mean?
Dhanwel Hybrid Seeds (BOM:544884) has a Altman Z2-Score of 5.18 as of Aug. 31, 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 Dhanwel Hybrid Seeds and its competitors. According to the industry distribution chart, Dhanwel Hybrid Seeds ranks #999999 out of 1745 companies in the Consumer Packaged Goods industry.
Is Dhanwel Hybrid Seeds' Altman Z2-Score too high?
Dhanwel Hybrid Seeds' current Altman Z2-Score is 5.18. The Consumer Packaged Goods industry median Altman Z2-Score is 3.72. Dhanwel Hybrid Seeds' value of 5.18 is 39.2% above this industry median. Based on the distribution chart, Dhanwel Hybrid Seeds ranks #999999 out of 1745 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Dhanwel Hybrid Seeds has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Dhanwel Hybrid Seeds' Altman Z2-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Dhanwel Hybrid Seeds ranks #999999 out of 1745 companies for Altman Z2-Score. This places Dhanwel Hybrid Seeds in the lower half of its industry. The industry median Altman Z2-Score is 3.72. Dhanwel Hybrid Seeds' value of 5.18 is 39.2% above this benchmark. 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 3.72, based on 1,745 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. Dhanwel Hybrid Seeds's current Altman Z2-Score of 5.18 is 39.2% 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 Dhanwel Hybrid Seeds and its competitors. For the Consumer Packaged Goods industry, the median Altman Z2-Score is 3.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhanwel Hybrid Seeds's current Altman Z2-Score is 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhanwel Hybrid Seeds stock overvalued right now?
Dhanwel Hybrid Seeds (BOM:544884) has a current Altman Z2-Score of 5.18. The current Altman Z2-Score is 5.18 and 39.2% above the Consumer Packaged Goods industry median of 3.72. Dhanwel Hybrid Seeds' overall GF Score™ is 6/100. 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 Dhanwel Hybrid Seeds (BOM:544884), the current Altman Z2-Score is 5.18 as of Aug. 31, 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.

Dhanwel Hybrid Seeds Business Description

Address Rajkot-Kalawad Highway, Survey No. 289/1, Opposite Saffron School, At-Jashapar, Kalavad, Jamnagar, GJ, IND, 361160
Dhanwel Hybrid Seeds Ltd is engaged in the business of seed manufacturing, which includes the development, multiplication, processing, and supply of seeds for a variety of field crops and vegetables. It procures genetic seed material, including breeder and other suitable seed material, from agricultural institutions, government-supported research organizations and open market. The company's product portfolio includes hybrid and open-pollinated seeds for a variety of crops. The seeds are sold under the brand name "Dhanwel Seeds". The majority of the company's revenue is derived from the sale of Oil Seeds.
6GF Score

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