Kirloskar Brothers (BOM:500241) Altman Z-Score: 6.92 (As of Jul. 16, 2026) — 181% Above Median

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BOM:500241 Kirloskar Brothers Ltd BOM:500241
81 GF Score
Price ₹1,871.85
GF Value ₹1,756.23
Valuation Fairly Valued
! 5 Warning Signs
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What is Kirloskar Brothers Altman Z-Score?

Kirloskar Brothers BOM:500241 -2.81% 81 Altman Z-Score is 6.92 as of Jul. 16, 2026, which is 181% above its 10-year median of 2.46. GuruFocus rates BOM:500241 with a GF Score™ of 81/100 and a GF Value™ of ₹1,756.23 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,006 Industrial Products companies, Kirloskar Brothers ranks better than 79.64% 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 7.12 is strong.

Kirloskar Brothers has a Altman Z-Score of 6.92, 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 Kirloskar Brothers's Altman Z-Score or its related term are showing as below:

BOM:500241' s Altman Z-Score Range Over the Past 10 Years
Min: 1.73   Med: 2.46   Max: 7.85
Current: 7.12

During the past 13 years, Kirloskar Brothers's highest Altman Z-Score was 7.85. The lowest was 1.73. And the median was 2.46.


Kirloskar Brothers  (BOM:500241) 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.


Kirloskar Brothers Altman Z-Score Related Terms


Kirloskar Brothers Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kirloskar Brothers'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.

Kirloskar Brothers Altman Z-Score Chart

Kirloskar Brothers 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 2.50 3.42 5.73 7.85 5.60

Kirloskar Brothers 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 7.85 9.78 7.92 6.87 5.60

BOM:500241 vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Kirloskar Brothers'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.


Kirloskar Brothers Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kirloskar Brothers's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Kirloskar Brothers's Altman Z-Score falls into.


BOM:500241
81GF Score
Kirloskar Brothers Ltd BOM:500241
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kirloskar Brothers 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.

Kirloskar Brothers'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*0.3224+1.4*0.3749+3.3*0.1094+0.6*7.6978+1.0*1.0298
=6.92

* 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 ₹44,069 Mil.
Total Current Assets was ₹31,314 Mil.
Total Current Liabilities was ₹17,105 Mil.
Retained Earnings was ₹16,520 Mil.
Pre-Tax Income was 1465 + 1115 + 959 + 983 = ₹4,522 Mil.
Interest Expense was -88 + -86 + -65 + -62 = ₹-301 Mil.
Revenue was 14151 + 11162 + 10277 + 9790 = ₹45,380 Mil.
Market Cap (Today) was ₹148,642 Mil.
Total Liabilities was ₹19,310 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
=(31314.135 - 17104.931)/44068.665
=0.3224

X2=Retained Earnings/Total Assets
=16520.318/44068.665
=0.3749

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4522 - -301)/44068.665
=0.1094

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=148641.598/19309.705
=7.6978

X5=Revenue/Total Assets
=45380/44068.665
=1.0298

The zones of discrimination were as such:

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

Kirloskar Brothers has a Altman Z-Score of 6.92 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 6.92 mean?
Kirloskar Brothers (BOM:500241) has a Altman Z-Score of 6.92 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kirloskar Brothers and its competitors. This is 181% above median its historical median of 2.46. Over the past decade, Kirloskar Brothers' Altman Z-Score has ranged from 1.73 to 7.85. According to the industry distribution chart, Kirloskar Brothers ranks #612 out of 3006 companies in the Industrial Products industry, placing it in the top 20.4%.
Is Kirloskar Brothers' Altman Z-Score too high?
Kirloskar Brothers' current Altman Z-Score of 6.92 is 181% above median its 10-year median of 2.46. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 7.85. The Industrial Products industry median Altman Z-Score is 3.32. Kirloskar Brothers' value of 6.92 is 108.4% above this industry median. Based on the distribution chart, Kirloskar Brothers ranks #612 out of 3006 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kirloskar Brothers has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kirloskar Brothers' Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kirloskar Brothers ranks #612 out of 3006 companies for Altman Z-Score. This places Kirloskar Brothers in the top 20% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.32. Kirloskar Brothers' value of 6.92 is 108.4% above this benchmark. Historically, Kirloskar Brothers' own Altman Z-Score has ranged from 1.73 to 7.85 over the past decade. While the company's 10-year median is 2.46 vs. the industry median of 3.32, Kirloskar Brothers 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.32, based on 3,006 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. Kirloskar Brothers's current Altman Z-Score of 6.92 is 108.4% 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 Kirloskar Brothers and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirloskar Brothers's current Altman Z-Score is 6.92, which is 181% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirloskar Brothers stock overvalued right now?
Based on GuruFocus' analysis, Kirloskar Brothers (BOM:500241) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,756.23, compared to a current price of ₹1,871.85 — trading 6.6% above its estimated fair value. The current Altman Z-Score is 6.92, which is 181% above median its 10-year median of 2.46 and 108.4% above the Industrial Products industry median of 3.32. Kirloskar Brothers' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Kirloskar Brothers (BOM:500241), the current Altman Z-Score is 6.92 as of Jul. 16, 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 Kirloskar Brothers (BOM:500241) Overvalued in 2026?

Based on GuruFocus' analysis, Kirloskar Brothers stock appears to be overvalued. The current stock price of ₹1,871.85 is trading 6.6% above its estimated GF Value™ of ₹1,756.23. GuruFocus considers Kirloskar Brothers to be Fairly Valued.

Key valuation signals for BOM:500241:

  • Altman Z-Score: 6.92 (181% above median its 10-year median of 2.46)
  • GF Value™: ₹1,756.23 vs. price of ₹1,871.85 (6.6% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 108.4% above the Industrial Products median (#612 of 3006)

No single metric tells the full story. See the BOM:500241 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kirloskar Brothers Business Description

Other Exchanges KIRLOSBROS:India
Address Yamuna, Survey No. 98 (3-7), Plot No. 3, Baner, Pune, MH, IND, 411045
Kirloskar Brothers Ltd is an Indian pump manufacturing company. It manufactures industrial, agricultural, and domestic pumps, valves, and hydro turbines for various applications. The company is also engaged in providing fluid management solutions for large-scale infrastructure projects across various applications, including water supply, power plants, irrigation, oil and gas, marine, and defense. Its products and service offerings include designing and developing centrifugal and vertical turbine pumps, hydro turbines, end suction pumps, slipcase pumps, Francis turbines, Kaplan turbines, and others. The company operates in a single reporting segment of Fluid Machinery and Systems. Geographically, it sells products in India, its key revenue-generating market, and internationally.
81GF Score

Get the complete analysis for BOM:500241

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

₹1,871.85
Price
₹1,756.23
GF Value