Deepak Builders & Engineers India (NSE:DBEIL) Altman Z2-Score: 4.67 (As of Jul. 04, 2026) — 52% Above Median


NSE:DBEIL Deepak Builders & Engineers India Ltd NSE:DBEIL
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What is Deepak Builders & Engineers India Altman Z2-Score?

Deepak Builders & Engineers India NSE:DBEIL +4.96% 37 Altman Z2-Score is 4.67 as of Jul. 04, 2026, which is 52% above its 10-year median of 3.08. GuruFocus rates NSE:DBEIL with a GF Score™ of 37/100. The stock has 7 warning signs investors should review. Among 1,762 Construction companies, Deepak Builders & Engineers India ranks better than 67.54% 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:

Deepak Builders & Engineers India has a Altman Z2-Score of 4.67, 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 Deepak Builders & Engineers India's Altman Z2-Score or its related term are showing as below:

NSE:DBEIL' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.34   Med: 3.08   Max: 5.71
Current: 4.67

During the past 6 years, Deepak Builders & Engineers India's highest Altman Z2-Score was 5.71. The lowest was 2.34. And the median was 3.08.


Deepak Builders & Engineers India  (NSE:DBEIL) 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.


Deepak Builders & Engineers India Altman Z2-Score Related Terms


Deepak Builders & Engineers India Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Deepak Builders & Engineers 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.

Deepak Builders & Engineers India Altman Z2-Score Chart

Deepak Builders & Engineers India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial 2.34 2.75 3.40 5.71 4.67

Deepak Builders & Engineers India Quarterly Data
Mar21 Mar22 Mar23 Oct23 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 5.71 0.00 4.75 0.00 4.67

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

For the Engineering & Construction subindustry, Deepak Builders & Engineers 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.


Deepak Builders & Engineers India Altman Z2-Score vs Construction Industry

For the Construction industry and Industrials sector, Deepak Builders & Engineers India's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Deepak Builders & Engineers India's Altman Z2-Score falls into.


NSE:DBEIL
37GF Score
Deepak Builders & Engineers India Ltd NSE:DBEIL
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Deepak Builders & Engineers India 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.

Deepak Builders & Engineers 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*0.4644+3.26*0+6.72*0.0912+1.05*0.9637
=4.67

* 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 ₹8,713 Mil.
Total Current Assets was ₹6,700 Mil.
Total Current Liabilities was ₹2,654 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 198.983 + 71.601 + 66.908 + 200.312 = ₹538 Mil.
Interest Expense was -70.138 + -74.356 + -56.137 + -56.212 = ₹-257 Mil.
Total Liabilities was ₹4,437 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
=(6699.915 - 2653.73)/8712.585
=0.4644

X2=Retained Earnings/Total Assets
=0/8712.585
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(537.804 - -256.843)/8712.585
=0.0912

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(4275.756 - 0)/4436.829
=0.9637

The zones of discrimination were as such:

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

Deepak Builders & Engineers India has a Altman Z2-Score of 4.67 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 4.67 mean?
Deepak Builders & Engineers India (NSE:DBEIL) has a Altman Z2-Score of 4.67 as of Jul. 04, 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 Deepak Builders & Engineers India and its competitors. This is 52% above median its historical median of 3.08. Over the past decade, Deepak Builders & Engineers India's Altman Z2-Score has ranged from 2.34 to 5.71. According to the industry distribution chart, Deepak Builders & Engineers India ranks #572 out of 1762 companies in the Construction industry, placing it in the top 32.5%.
Is Deepak Builders & Engineers India's Altman Z2-Score too high?
Deepak Builders & Engineers India's current Altman Z2-Score of 4.67 is 52% above median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 5.71. The Construction industry median Altman Z2-Score is 3.21. Deepak Builders & Engineers India's value of 4.67 is 45.5% above this industry median. Based on the distribution chart, Deepak Builders & Engineers India ranks #572 out of 1762 companies in the Construction industry, which is above the industry midpoint. Overall, Deepak Builders & Engineers India has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Deepak Builders & Engineers India's Altman Z2-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Deepak Builders & Engineers India ranks #572 out of 1762 companies for Altman Z2-Score. This puts Deepak Builders & Engineers India in the upper half of its industry. The industry median Altman Z2-Score is 3.21. Deepak Builders & Engineers India's value of 4.67 is 45.5% above this benchmark. Historically, Deepak Builders & Engineers India's own Altman Z2-Score has ranged from 2.34 to 5.71 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 3.21, Deepak Builders & Engineers 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 Construction company?
The median Altman Z2-Score among Construction companies is 3.21, based on 1,762 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. Deepak Builders & Engineers India's current Altman Z2-Score of 4.67 is 45.5% 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 Deepak Builders & Engineers India and its competitors. For the Construction industry, the median Altman Z2-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deepak Builders & Engineers India's current Altman Z2-Score is 4.67, which is 52% above median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deepak Builders & Engineers India stock overvalued right now?
Deepak Builders & Engineers India (NSE:DBEIL) has a current Altman Z2-Score of 4.67. The current Altman Z2-Score is 4.67, which is 52% above median its 10-year median of 3.08 and 45.5% above the Construction industry median of 3.21. Deepak Builders & Engineers India's overall GF Score™ is 37/100 with 7 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 Deepak Builders & Engineers India (NSE:DBEIL), the current Altman Z2-Score is 4.67 as of Jul. 04, 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.

Deepak Builders & Engineers India Business Description

Other Exchanges 544276:India
Address Near Lodhi Club, Shaheed Bhagat Singh Nagar, Ludhiana, PB, IND, 141 012
Deepak Builders & Engineers India Ltd is an integrated engineering and construction company. It is engaged in the business of Construction Contract Works and the Construction of Infrastructure Facilities, including Hospitals, flyovers, bridges, ROBs, RUBs, Roads, and buildings. It also includes projects comprising architectural & structural work, civil works, HVAC, mechanical, electrical, and plumbing works, firefighting & fire alarm systems, public health services, information technology systems, modular operating theatres, medical gas pipeline systems, and external development work, including landscaping work. The Company has only one business segment, Construction Services and related services.
37GF Score

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