Stallion India Fluorochemicals (NSE:STALLION) Altman Z2-Score: 18.59 (As of Jul. 03, 2026) — 158% Above Median


NSE:STALLION Stallion India Fluorochemicals Ltd NSE:STALLION
44 GF Score
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! 4 Warning Signs
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What is Stallion India Fluorochemicals Altman Z2-Score?

Stallion India Fluorochemicals NSE:STALLION +5.65% 44 Altman Z2-Score is 18.59 as of Jul. 03, 2026, which is 158% above its 10-year median of 7.20. GuruFocus rates NSE:STALLION with a GF Score™ of 44/100. The stock has 4 warning signs investors should review. Among 1,591 Chemicals companies, Stallion India Fluorochemicals ranks better than 96.79% 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:

Stallion India Fluorochemicals has a Altman Z2-Score of 18.59, 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 Stallion India Fluorochemicals's Altman Z2-Score or its related term are showing as below:

NSE:STALLION' s Altman Z2-Score Range Over the Past 10 Years
Min: 2.49   Med: 7.2   Max: 18.59
Current: 18.59

During the past 6 years, Stallion India Fluorochemicals's highest Altman Z2-Score was 18.59. The lowest was 2.49. And the median was 7.20.


Stallion India Fluorochemicals  (NSE:STALLION) 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.


Stallion India Fluorochemicals Altman Z2-Score Related Terms


Stallion India Fluorochemicals Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Stallion India Fluorochemicals'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.

Stallion India Fluorochemicals Altman Z2-Score Chart

Stallion India Fluorochemicals Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z2-Score
Get a 7-Day Free Trial 8.38 5.27 6.02 16.68 18.59

Stallion India Fluorochemicals Quarterly Data
Mar21 Mar22 Mar23 Sep23 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 16.68 0.00 15.93 0.00 18.59

NSE:STALLION vs LIN, SHW, ECL: Altman Z2-Score Comparison

For the Specialty Chemicals subindustry, Stallion India Fluorochemicals'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.


Stallion India Fluorochemicals Altman Z2-Score vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Stallion India Fluorochemicals's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Stallion India Fluorochemicals's Altman Z2-Score falls into.


NSE:STALLION
44GF Score
Stallion India Fluorochemicals Ltd NSE:STALLION
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Stallion India Fluorochemicals 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.

Stallion India Fluorochemicals'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*0.8203+3.26*0+6.72*0.0812+1.05*12.0593
=18.59

* 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 ₹7,370 Mil.
Total Current Assets was ₹6,603 Mil.
Total Current Liabilities was ₹557 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 166.683 + 132.086 + 152.413 + 138.614 = ₹590 Mil.
Interest Expense was -3.823 + -0.579 + -2.315 + -2.174 = ₹-9 Mil.
Total Liabilities was ₹564 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
=(6603.074 - 557.062)/7370.416
=0.8203

X2=Retained Earnings/Total Assets
=0/7370.416
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(589.796 - -8.891)/7370.416
=0.0812

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(6806.035 - 0)/564.381
=12.0593

The zones of discrimination were as such:

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

Stallion India Fluorochemicals has a Altman Z2-Score of 18.59 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 18.59 mean?
Stallion India Fluorochemicals (NSE:STALLION) has a Altman Z2-Score of 18.59 as of Jul. 03, 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 Stallion India Fluorochemicals and its competitors. This is 158% above median its historical median of 7.20. Over the past decade, Stallion India Fluorochemicals' Altman Z2-Score has ranged from 2.49 to 18.59. According to the industry distribution chart, Stallion India Fluorochemicals ranks #51 out of 1591 companies in the Chemicals industry, placing it in the top 3.2%.
Is Stallion India Fluorochemicals' Altman Z2-Score too high?
Stallion India Fluorochemicals' current Altman Z2-Score of 18.59 is 158% above median its 10-year median of 7.20. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 18.59. The Chemicals industry median Altman Z2-Score is 3.94. Stallion India Fluorochemicals' value of 18.59 is 371.8% above this industry median. Based on the distribution chart, Stallion India Fluorochemicals ranks #51 out of 1591 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Stallion India Fluorochemicals has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Stallion India Fluorochemicals' Altman Z2-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Stallion India Fluorochemicals ranks #51 out of 1591 companies for Altman Z2-Score. This places Stallion India Fluorochemicals in the top 3% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 3.94. Stallion India Fluorochemicals' value of 18.59 is 371.8% above this benchmark. Historically, Stallion India Fluorochemicals' own Altman Z2-Score has ranged from 2.49 to 18.59 over the past decade. While the company's 10-year median is 7.20 vs. the industry median of 3.94, Stallion India Fluorochemicals 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 Chemicals company?
The median Altman Z2-Score among Chemicals companies is 3.94, based on 1,591 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. Stallion India Fluorochemicals's current Altman Z2-Score of 18.59 is 371.8% 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 Stallion India Fluorochemicals and its competitors. For the Chemicals industry, the median Altman Z2-Score is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stallion India Fluorochemicals's current Altman Z2-Score is 18.59, which is 158% above median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stallion India Fluorochemicals stock overvalued right now?
Stallion India Fluorochemicals (NSE:STALLION) has a current Altman Z2-Score of 18.59. The current Altman Z2-Score is 18.59, which is 158% above median its 10-year median of 7.20 and 371.8% above the Chemicals industry median of 3.94. Stallion India Fluorochemicals' overall GF Score™ is 44/100 with 4 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 Stallion India Fluorochemicals (NSE:STALLION), the current Altman Z2-Score is 18.59 as of Jul. 03, 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.

Stallion India Fluorochemicals Business Description

Other Exchanges 544342:India
Address Off. Link Road, 2, A Wing, Knox Plaza, Mindspace, Malad West, Mumbai, MH, IND, 400064
Stallion India Fluorochemicals Ltd is in the business of selling Refrigerant and Industrial Gases and related products. Its primary business consists of debulking, blending and processing of Refrigerant and Industrial gases, and selling of pre-filled cans and small Cylinders/ Containers. Its gases find application in various industries/segments such as Air conditioners & Refrigerators, Fire Fighting, Semiconductor manufacturing, Automobile Manufacturing, Pharma and Medicals, Glass bottle manufacturing, Aerosols and Spray foam.
44GF Score

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