Bannari Amman Sugars (BOM:500041) Altman Z-Score: 12.52 (As of Jul. 15, 2026) — 300% Above Median

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BOM:500041 Bannari Amman Sugars Ltd BOM:500041
69 GF Score
Price ₹3,540.95
GF Value ₹3,149.50
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Bannari Amman Sugars Altman Z-Score?

Bannari Amman Sugars BOM:500041 +2.31% 69 Altman Z-Score is 12.52 as of Jul. 15, 2026, which is 300% above its 10-year median of 3.13. GuruFocus rates BOM:500041 with a GF Score™ of 69/100 and a GF Value™ of ₹3,149.50 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Bannari Amman Sugars ranks better than 93.63% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Good Sign:

Altman Z-score of 12.27 is strong.

Bannari Amman Sugars has a Altman Z-Score of 12.52, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Bannari Amman Sugars's Altman Z-Score or its related term are showing as below:

BOM:500041' s Altman Z-Score Range Over the Past 10 Years
Min: 1.66   Med: 3.13   Max: 13.2
Current: 12.27

During the past 13 years, Bannari Amman Sugars's highest Altman Z-Score was 13.20. The lowest was 1.66. And the median was 3.13.


Bannari Amman Sugars  (BOM:500041) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Bannari Amman Sugars Altman Z-Score Related Terms


Bannari Amman Sugars Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Bannari Amman Sugars's Altman Z-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.

Bannari Amman Sugars Altman Z-Score Chart

Bannari Amman Sugars Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 4.32 3.94 7.83 13.20

Bannari Amman Sugars Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 7.83 8.13 9.20 9.24 13.20

BOM:500041 vs MDLZ, HSY, TR: Altman Z-Score Comparison

For the Confectioners subindustry, Bannari Amman Sugars's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Bannari Amman Sugars Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bannari Amman Sugars's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Bannari Amman Sugars's Altman Z-Score falls into.


BOM:500041
69GF Score
Bannari Amman Sugars Ltd BOM:500041
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bannari Amman Sugars Altman Z-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.

Bannari Amman Sugars's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.3561+1.4*0+3.3*0.0833+0.6*18.2137+1.0*0.8885
=12.52

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹21,572 Mil.
Total Current Assets was ₹8,805 Mil.
Total Current Liabilities was ₹1,125 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 149.208 + 725.244 + 657.273 + 242.967 = ₹1,775 Mil.
Interest Expense was -3.655 + -2.707 + -5.638 + -10.53 = ₹-23 Mil.
Revenue was 2822.924 + 6441.082 + 5716.516 + 4186.205 = ₹19,167 Mil.
Market Cap (Today) was ₹44,402 Mil.
Total Liabilities was ₹2,438 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
=(8805.457 - 1124.734)/21571.81
=0.3561

X2=Retained Earnings/Total Assets
=0/21571.81
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1774.692 - -22.53)/21571.81
=0.0833

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=44402.451/2437.857
=18.2137

X5=Revenue/Total Assets
=19166.727/21571.81
=0.8885

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Bannari Amman Sugars has a Altman Z-Score of 12.52 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 12.52 mean?
Bannari Amman Sugars (BOM:500041) has a Altman Z-Score of 12.52 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bannari Amman Sugars and its competitors. This is 300% above median its historical median of 3.13. Over the past decade, Bannari Amman Sugars' Altman Z-Score has ranged from 1.66 to 13.20. According to the industry distribution chart, Bannari Amman Sugars ranks #123 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 6.4%.
Is Bannari Amman Sugars' Altman Z-Score too high?
Bannari Amman Sugars' current Altman Z-Score of 12.52 is 300% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 13.20. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Bannari Amman Sugars' value of 12.52 is 339.3% above this industry median. Based on the distribution chart, Bannari Amman Sugars ranks #123 out of 1930 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Bannari Amman Sugars has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bannari Amman Sugars' Altman Z-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Bannari Amman Sugars ranks #123 out of 1930 companies for Altman Z-Score. This places Bannari Amman Sugars in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.85. Bannari Amman Sugars' value of 12.52 is 339.3% above this benchmark. Historically, Bannari Amman Sugars' own Altman Z-Score has ranged from 1.66 to 13.20 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 2.85, Bannari Amman Sugars 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 Z-Score for a Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,930 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bannari Amman Sugars's current Altman Z-Score of 12.52 is 339.3% 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bannari Amman Sugars and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bannari Amman Sugars's current Altman Z-Score is 12.52, which is 300% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bannari Amman Sugars stock overvalued right now?
Based on GuruFocus' analysis, Bannari Amman Sugars (BOM:500041) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹3,149.50, compared to a current price of ₹3,540.95 — trading 12.4% above its estimated fair value. The current Altman Z-Score is 12.52, which is 300% above median its 10-year median of 3.13 and 339.3% above the Consumer Packaged Goods industry median of 2.85. Bannari Amman Sugars' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Bannari Amman Sugars (BOM:500041), the current Altman Z-Score is 12.52 as of Jul. 15, 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 Bannari Amman Sugars (BOM:500041) Overvalued in 2026?

Based on GuruFocus' analysis, Bannari Amman Sugars stock appears to be overvalued. The current stock price of ₹3,540.95 is trading 12.4% above its estimated GF Value™ of ₹3,149.50. GuruFocus considers Bannari Amman Sugars to be Modestly Overvalued.

Key valuation signals for BOM:500041:

  • Altman Z-Score: 12.52 (300% above median its 10-year median of 3.13)
  • GF Value™: ₹3,149.50 vs. price of ₹3,540.95 (12.4% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 339.3% above the Consumer Packaged Goods median (#123 of 1930)

No single metric tells the full story. See the BOM:500041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bannari Amman Sugars Business Description

Other Exchanges BANARISUG:India
Address 1212, Trichy Road, Coimbatore, TN, IND, 641018
Bannari Amman Sugars Ltd is an India based industrial conglomerate engaged in the manufacturing, trading and service activities. The company manufactures and trades in products segment of Sugar, Power, Distillery and Granite products. It generates the majority of the revenue from the Sugar products. The group markets the products in India, and also exports sugar and granite products internationally, of which majority of the revenue is generated from the sales made in India.
69GF Score

Get the complete analysis for BOM:500041

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

₹3,540.95
Price
₹3,149.50
GF Value