Dawood Lawrencepur (KAR:DLL) Altman Z2-Score: 8.43 (As of Jun. 28, 2026) — 133% Above Median


KAR:DLL Dawood Lawrencepur Ltd KAR:DLL
43 GF Score
Price ₨55.42
! 2 Warning Signs
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What is Dawood Lawrencepur Altman Z2-Score?

Dawood Lawrencepur KAR:DLL 43 Altman Z2-Score is 8.43 as of Jun. 28, 2026, which is 133% above its 10-year median of 3.62. GuruFocus rates KAR:DLL with a GF Score™ of 43/100. The stock has 2 warning signs investors should review. Among 438 Utilities - Independent Power Producers companies, Dawood Lawrencepur ranks better than 90.18% 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:

Dawood Lawrencepur has a Altman Z2-Score of 8.43, 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 Dawood Lawrencepur's Altman Z2-Score or its related term are showing as below:

KAR:DLL' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.62   Med: 3.62   Max: 12
Current: 8.43

During the past 13 years, Dawood Lawrencepur's highest Altman Z2-Score was 12.00. The lowest was 2.62. And the median was 3.62.


Dawood Lawrencepur  (KAR:DLL) 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.


Dawood Lawrencepur Altman Z2-Score Related Terms


Dawood Lawrencepur Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Dawood Lawrencepur'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.

Dawood Lawrencepur Altman Z2-Score Chart

Dawood Lawrencepur Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.70 3.62 4.61 8.04 9.19

Dawood Lawrencepur Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 8.46 10.06 12.00 9.19 8.43

Dawood Lawrencepur Altman Z2-Score Competitor Comparison

For the Utilities - Renewable subindustry, Dawood Lawrencepur'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.


Dawood Lawrencepur Altman Z2-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dawood Lawrencepur's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Dawood Lawrencepur's Altman Z2-Score falls into.


KAR:DLL
43GF Score
Dawood Lawrencepur Ltd KAR:DLL
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dawood Lawrencepur 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.

Dawood Lawrencepur'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*0.4354+3.26*0.5957+6.72*-0.057+1.05*3.8197
=8.43

* 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 ₨64,403 Mil.
Total Current Assets was ₨36,229 Mil.
Total Current Liabilities was ₨8,191 Mil.
Retained Earnings was ₨38,367 Mil.
Pre-Tax Income was -5669.934 + -3543.35 + 3396.799 + 1520.993 = ₨-4,295 Mil.
Interest Expense was -117.029 + -111.676 + -87.268 + -309.879 = ₨-626 Mil.
Total Liabilities was ₨12,814 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
=(36229.214 - 8191.22)/64402.777
=0.4354

X2=Retained Earnings/Total Assets
=38367.031/64402.777
=0.5957

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-4295.492 - -625.852)/64402.777
=-0.057

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(48947.31 - 0)/12814.292
=3.8197

The zones of discrimination were as such:

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

Dawood Lawrencepur has a Altman Z2-Score of 8.43 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 8.43 mean?
Dawood Lawrencepur (KAR:DLL) has a Altman Z2-Score of 8.43 as of Jun. 28, 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 Dawood Lawrencepur and its competitors. This is 133% above median its historical median of 3.62. Over the past decade, Dawood Lawrencepur's Altman Z2-Score has ranged from 2.62 to 12.00. According to the industry distribution chart, Dawood Lawrencepur ranks #43 out of 438 companies in the Utilities - Independent Power Producers industry, placing it in the top 9.8%.
Is Dawood Lawrencepur's Altman Z2-Score too high?
Dawood Lawrencepur's current Altman Z2-Score of 8.43 is 133% above median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 12.00. The Utilities - Independent Power Producers industry median Altman Z2-Score is 1.72. Dawood Lawrencepur's value of 8.43 is 390.1% above this industry median. Based on the distribution chart, Dawood Lawrencepur ranks #43 out of 438 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Dawood Lawrencepur has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Dawood Lawrencepur's Altman Z2-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Dawood Lawrencepur ranks #43 out of 438 companies for Altman Z2-Score. This places Dawood Lawrencepur in the top 10% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.72. Dawood Lawrencepur's value of 8.43 is 390.1% above this benchmark. Historically, Dawood Lawrencepur's own Altman Z2-Score has ranged from 2.62 to 12.00 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 1.72, Dawood Lawrencepur 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 an Utilities - Independent Power Producers company?
The median Altman Z2-Score among Utilities - Independent Power Producers companies is 1.72, based on 438 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. Dawood Lawrencepur's current Altman Z2-Score of 8.43 is 390.1% 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 Dawood Lawrencepur and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z2-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawood Lawrencepur's current Altman Z2-Score is 8.43, which is 133% above median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawood Lawrencepur stock overvalued right now?
Dawood Lawrencepur (KAR:DLL) has a current Altman Z2-Score of 8.43. The current Altman Z2-Score is 8.43, which is 133% above median its 10-year median of 3.62 and 390.1% above the Utilities - Independent Power Producers industry median of 1.72. Dawood Lawrencepur's overall GF Score™ is 43/100 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 Dawood Lawrencepur (KAR:DLL), the current Altman Z2-Score is 8.43 as of Jun. 28, 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.

Dawood Lawrencepur Business Description

Address M.T. Khan Road, 3rd Floor, Dawood Center, Karachi, PAK, 75530
Dawood Lawrencepur Ltd, along with its subsidiaries, operates as a renewable energy solutions company. It is in the business of electric power generation and sale, produced through renewable wind and solar energy, to the national grid and a commercial entity. It also actively manages an investment portfolio in the local capital markets. The company's two reportable operating segments are: Textile and Other operations - It mainly includes management of all investments made by the company including those made in subsidiaries and associate. The majority of revenue is derived from the Other operations segment.
43GF Score

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