Chaman Lal Setia Exports (NSE:CLSEL) Altman Z2-Score: 10.13 (As of Jul. 07, 2026) — Near Median


NSE:CLSEL Chaman Lal Setia Exports Ltd NSE:CLSEL
94 GF Score
Price ₹290.35
GF Value ₹279.40
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Chaman Lal Setia Exports Altman Z2-Score?

Chaman Lal Setia Exports NSE:CLSEL +0.28% 94 Altman Z2-Score is 10.13 as of Jul. 07, 2026, which is 8% above its 10-year median of 9.42. GuruFocus rates NSE:CLSEL with a GF Score™ of 94/100 and a GF Value™ of ₹279.40 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,965 Consumer Packaged Goods companies, Chaman Lal Setia Exports ranks better than 89.21% 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:

Chaman Lal Setia Exports has a Altman Z2-Score of 10.13, 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 Chaman Lal Setia Exports's Altman Z2-Score or its related term are showing as below:

NSE:CLSEL' s Altman Z2-Score Range Over the Past 10 Years
Min: 7.86   Med: 9.42   Max: 10.5
Current: 10.13

During the past 13 years, Chaman Lal Setia Exports's highest Altman Z2-Score was 10.50. The lowest was 7.86. And the median was 9.42.


Chaman Lal Setia Exports  (NSE:CLSEL) 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.


Chaman Lal Setia Exports Altman Z2-Score Related Terms


Chaman Lal Setia Exports Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Chaman Lal Setia Exports'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.

Chaman Lal Setia Exports Altman Z2-Score Chart

Chaman Lal Setia Exports Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.15 10.34 9.68 10.50 10.13

Chaman Lal Setia Exports 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 10.50 0.00 8.72 0.00 10.13

NSE:CLSEL vs KHC, GIS: Altman Z2-Score Comparison

For the Packaged Foods subindustry, Chaman Lal Setia Exports'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.


Chaman Lal Setia Exports Altman Z2-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chaman Lal Setia Exports's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Chaman Lal Setia Exports's Altman Z2-Score falls into.


NSE:CLSEL
94GF Score
Chaman Lal Setia Exports Ltd NSE:CLSEL
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chaman Lal Setia Exports 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.

Chaman Lal Setia Exports'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*0.7178+3.26*0+6.72*0.1566+1.05*4.1598
=10.13

* 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 ₹10,397 Mil.
Total Current Assets was ₹8,720 Mil.
Total Current Liabilities was ₹1,257 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 515.369 + 483.738 + 251.219 + 287.541 = ₹1,538 Mil.
Interest Expense was -31.895 + -21.006 + -18.777 + -18.565 = ₹-90 Mil.
Total Liabilities was ₹2,015 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
=(8719.642 - 1256.971)/10397.022
=0.7178

X2=Retained Earnings/Total Assets
=0/10397.022
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1537.867 - -90.243)/10397.022
=0.1566

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(8382.012 - 0)/2015.01
=4.1598

The zones of discrimination were as such:

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

Chaman Lal Setia Exports has a Altman Z2-Score of 10.13 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 10.13 mean?
Chaman Lal Setia Exports (NSE:CLSEL) has a Altman Z2-Score of 10.13 as of Jul. 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 Chaman Lal Setia Exports and its competitors. This is near median its historical median of 9.42. Over the past decade, Chaman Lal Setia Exports' Altman Z2-Score has ranged from 7.86 to 10.50. According to the industry distribution chart, Chaman Lal Setia Exports ranks #212 out of 1965 companies in the Consumer Packaged Goods industry, placing it in the top 10.8%.
Is Chaman Lal Setia Exports' Altman Z2-Score too high?
Chaman Lal Setia Exports' current Altman Z2-Score of 10.13 is near median its 10-year median of 9.42. Over the past 10 years, this metric has ranged from a low of 7.86 to a high of 10.50. The Consumer Packaged Goods industry median Altman Z2-Score is 3.73. Chaman Lal Setia Exports' value of 10.13 is 171.6% above this industry median. Based on the distribution chart, Chaman Lal Setia Exports ranks #212 out of 1965 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Chaman Lal Setia Exports has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chaman Lal Setia Exports' Altman Z2-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Chaman Lal Setia Exports ranks #212 out of 1965 companies for Altman Z2-Score. This places Chaman Lal Setia Exports in the top 11% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.73. Chaman Lal Setia Exports' value of 10.13 is 171.6% above this benchmark. Historically, Chaman Lal Setia Exports' own Altman Z2-Score has ranged from 7.86 to 10.50 over the past decade. While the company's 10-year median is 9.42 vs. the industry median of 3.73, Chaman Lal Setia Exports 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 1,965 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. Chaman Lal Setia Exports's current Altman Z2-Score of 10.13 is 171.6% 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 Chaman Lal Setia Exports 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. Chaman Lal Setia Exports's current Altman Z2-Score is 10.13, which is near median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaman Lal Setia Exports stock overvalued right now?
Based on GuruFocus' analysis, Chaman Lal Setia Exports (NSE:CLSEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹279.40, compared to a current price of ₹290.35 — trading 3.9% above its estimated fair value. The current Altman Z2-Score is 10.13, which is near median its 10-year median of 9.42 and 171.6% above the Consumer Packaged Goods industry median of 3.73. Chaman Lal Setia Exports' overall GF Score™ is 94/100 with 5 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 Chaman Lal Setia Exports (NSE:CLSEL), the current Altman Z2-Score is 10.13 as of Jul. 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.

Is Chaman Lal Setia Exports (NSE:CLSEL) Overvalued in 2026?

Based on GuruFocus' analysis, Chaman Lal Setia Exports stock appears to be overvalued. The current stock price of ₹290.35 is trading 3.9% above its estimated GF Value™ of ₹279.40. GuruFocus considers Chaman Lal Setia Exports to be Fairly Valued.

Key valuation signals for NSE:CLSEL:

  • Altman Z2-Score: 10.13 (near median its 10-year median of 9.42)
  • GF Value™: ₹279.40 vs. price of ₹290.35 (3.9% above fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 171.6% above the Consumer Packaged Goods median (#212 of 1965)

No single metric tells the full story. See the NSE:CLSEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chaman Lal Setia Exports Business Description

Other Exchanges 530307:India
Address No. 472, Udyog Vihar, Phase-III, Gurgaon, HR, IND, 122001
Chaman Lal Setia Exports Ltd manages rice mills in India. It produces raw basmati rice and parboiled basmati rice. The company's diverse product line covers products, such as Sella Rice, Bhatti Sella, Rice for Diabetic people, Smoked rice, and Pesticide Residue-free rice. It has only one reportable segment, which is the Manufacturing, trading, and marketing of rice. Its basmati product range includes Mithas Basmati Rice, Begum Basmati Rice, and Nezzah Indian Basmati Rice. The company generates the majority of its revenue from Exports.
94GF Score

Get the complete analysis for NSE:CLSEL

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹290.35
Price
₹279.40
GF Value