Current Infraprojects (NSE:CURRENT) Altman Z2-Score: 3.36 (As of Jul. 01, 2026) — Near Median


NSE:CURRENT Current Infraprojects Ltd NSE:CURRENT
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What is Current Infraprojects Altman Z2-Score?

Current Infraprojects NSE:CURRENT -4.50% 18 Altman Z2-Score is 3.36 as of Jul. 01, 2026, which is 1% above its 10-year median of 3.34. GuruFocus rates NSE:CURRENT with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,761 Construction companies, Current Infraprojects ranks better than 52.24% 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:

Current Infraprojects has a Altman Z2-Score of 3.36, 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 Current Infraprojects's Altman Z2-Score or its related term are showing as below:

NSE:CURRENT' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.62   Med: 3.34   Max: 3.72
Current: 3.36

During the past 4 years, Current Infraprojects's highest Altman Z2-Score was 3.72. The lowest was 2.62. And the median was 3.34.


Current Infraprojects  (NSE:CURRENT) 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.


Current Infraprojects Altman Z2-Score Related Terms


Current Infraprojects Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Current Infraprojects'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.

Current Infraprojects Altman Z2-Score Chart

Current Infraprojects Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Altman Z2-Score
2.62 3.32 3.72 3.36

Current Infraprojects Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Altman Z2-Score Get a 7-Day Free Trial 3.32 3.72 0.00 3.36 0.00

NSE:CURRENT vs PWR, FIX, EME: Altman Z2-Score Comparison

For the Engineering & Construction subindustry, Current Infraprojects'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.


Current Infraprojects Altman Z2-Score vs Construction Industry

For the Construction industry and Industrials sector, Current Infraprojects's Altman Z2-Score distribution charts can be found below:

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


NSE:CURRENT
18GF Score
Current Infraprojects Ltd NSE:CURRENT
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Current Infraprojects 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.

Current Infraprojects'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*0.1968+3.26*0.1286+6.72*0.1796+1.05*0.4253
=3.36

* 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. 2025:
Total Assets was ₹795.2 Mil.
Total Current Assets was ₹543.1 Mil.
Total Current Liabilities was ₹386.7 Mil.
Retained Earnings was ₹102.3 Mil.
Pre-Tax Income was ₹127.6 Mil.
Interest Expense was ₹-15.3 Mil.
Total Liabilities was ₹557.9 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
=(543.146 - 386.679)/795.165
=0.1968

X2=Retained Earnings/Total Assets
=102.281/795.165
=0.1286

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(127.588 - -15.262)/795.165
=0.1796

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(237.281 - 0)/557.882
=0.4253

The zones of discrimination were as such:

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

Current Infraprojects has a Altman Z2-Score of 3.36 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 3.36 mean?
Current Infraprojects (NSE:CURRENT) has a Altman Z2-Score of 3.36 as of Jul. 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 Current Infraprojects and its competitors. This is near median its historical median of 3.34. Over the past decade, Current Infraprojects' Altman Z2-Score has ranged from 2.62 to 3.72. According to the industry distribution chart, Current Infraprojects ranks #841 out of 1761 companies in the Construction industry, placing it in the top 47.8%.
Is Current Infraprojects' Altman Z2-Score too high?
Current Infraprojects' current Altman Z2-Score of 3.36 is near median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 3.72. The Construction industry median Altman Z2-Score is 3.20. Current Infraprojects' value of 3.36 is 5% above this industry median. Based on the distribution chart, Current Infraprojects ranks #841 out of 1761 companies in the Construction industry, which is above the industry midpoint. Overall, Current Infraprojects has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Current Infraprojects' Altman Z2-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Current Infraprojects ranks #841 out of 1761 companies for Altman Z2-Score. This puts Current Infraprojects in the upper half of its industry. The industry median Altman Z2-Score is 3.20. Current Infraprojects' value of 3.36 is 5% above this benchmark. Historically, Current Infraprojects' own Altman Z2-Score has ranged from 2.62 to 3.72 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 3.20, Current Infraprojects 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 Construction company?
The median Altman Z2-Score among Construction companies is 3.20, based on 1,761 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. Current Infraprojects's current Altman Z2-Score of 3.36 is 5% 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 Current Infraprojects and its competitors. For the Construction industry, the median Altman Z2-Score is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Current Infraprojects's current Altman Z2-Score is 3.36, which is near median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Current Infraprojects stock overvalued right now?
Current Infraprojects (NSE:CURRENT) has a current Altman Z2-Score of 3.36. The current Altman Z2-Score is 3.36, which is near median its 10-year median of 3.34 and 5% above the Construction industry median of 3.20. Current Infraprojects' overall GF Score™ is 18/100 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 Current Infraprojects (NSE:CURRENT), the current Altman Z2-Score is 3.36 as of Jul. 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.

Current Infraprojects Business Description

Address Vaishali Marg West, A-27, Basant Vihar, Panchyawala, Jaipur, RJ, IND, 302034
Current Infraprojects Ltd is an infrastructure construction, development, operations and maintenance company with expertise across a wide range of services. The company specializes in Engineering, Procurement and Construction (EPC) services, offering comprehensive solutions in Solar EPC, Electrical EPC, Water EPC and Civil EPC contracts, which include interior and civil works, as well as road furniture, all on a fixedsum turnkey basis. Additionally, It provides specialized Engineering Consulting Services in Mechanical, Electrical and Plumbing (MEP) systems, alongside Project Management Consulting (PMC) services. The company is also adopting the RESCO model to deliver renewable energy solutions on a pay-per-use basis and through long-term agreements.
18GF Score

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