Gillette India (BOM:507815) Altman Z-Score: 20.17 (As of Jul. 24, 2026)

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BOM:507815 Gillette India Ltd BOM:507815
82 GF Score
Price ₹7,785.60
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What is Gillette India Altman Z-Score?

Gillette India BOM:507815 -1.52% 82 Altman Z-Score is 20.17 as of Jul. 24, 2026. GuruFocus rates BOM:507815 with a GF Score™ of 82/100.

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.

Gillette India has a Altman Z-Score of 20.17, 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 Gillette India's Altman Z-Score or its related term are showing as below:


Gillette India  (BOM:507815) 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.


Gillette India Altman Z-Score Related Terms


Gillette India Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Gillette India'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.

Gillette India Altman Z-Score Chart

Gillette India Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.89 24.94 21.29 15.70 13.46

Gillette India Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 19.60 22.56 23.94 20.58 27.00

BOM:507815 vs PG, CL, KVUE: Altman Z-Score Comparison

For the Household & Personal Products subindustry, Gillette India'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.


Gillette India Altman Z-Score vs Consumer Packaged Goods Industry

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

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


BOM:507815
82GF Score
Gillette India Ltd BOM:507815
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Gillette India 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.

Gillette India'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*0.2611+1.4*0+3.3*0.3959+0.6*28.364+1.0*1.5339
=20.17

* 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 Jun. 2025:
Total Assets was ₹19,177 Mil.
Total Current Assets was ₹12,825 Mil.
Total Current Liabilities was ₹7,819 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 1954.3 + 2097.6 + 1671.4 + 1772.5 = ₹7,496 Mil.
Interest Expense was -10.4 + -32.1 + -42.5 + -10.5 = ₹-96 Mil.
Revenue was 7067.2 + 7674.7 + 6855.5 + 7818.2 = ₹29,416 Mil.
Market Cap (Today) was ₹253,741 Mil.
Total Liabilities was ₹8,946 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
=(12824.8 - 7818.5)/19177
=0.2611

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(7495.8 - -95.5)/19177
=0.3959

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=253741.085/8945.9
=28.364

X5=Revenue/Total Assets
=29415.6/19177
=1.5339

The zones of discrimination were as such:

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

Gillette India has a Altman Z-Score of 20.17 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 20.17 mean?
Gillette India (BOM:507815) has a Altman Z-Score of 20.17 as of Jul. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Gillette India and its competitors.
Is Gillette India's Altman Z-Score too high?
Gillette India's current Altman Z-Score is 20.17. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Gillette India's value of 20.17 is 607.7% above this industry median. Overall, Gillette India has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Gillette India's Altman Z-Score compare to PG and CL?
Gillette India's Altman Z-Score of 20.17 can be compared against companies in the Consumer Packaged Goods industry. The industry median Altman Z-Score is 2.85. Gillette India's value of 20.17 is 607.7% above this benchmark. 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 1,929 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. Gillette India's current Altman Z-Score of 20.17 is 607.7% 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 Gillette India 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. Gillette India's current Altman Z-Score is 20.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gillette India stock overvalued right now?
Gillette India (BOM:507815) has a current Altman Z-Score of 20.17. The current Altman Z-Score is 20.17 and 607.7% above the Consumer Packaged Goods industry median of 2.85. Gillette India's overall GF Score™ is 82/100. 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 Gillette India (BOM:507815), the current Altman Z-Score is 20.17 as of Jul. 24, 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.

Gillette India Business Description

Other Exchanges GILLETTE:India
Address Cardinal Gracias Road, P&G Plaza, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Gillette India Ltd is an Indian personal-care products company. The company manufactures and sells products in the grooming and oral care businesses. The company's products are sold through retail operations including mass merchandisers, grocery stores, membership club stores, drug stores, department stores, and high-frequency stores. Its reportable segments are: Grooming and Oral Care. A majority of its revenue is generated from the Grooming segment, which produces and sells shaving systems and cartridges, blades, toiletries, and related components. The Oral Care segment produces and sells toothbrushes and oral care products. Geographically, the company derives its key revenue from India, and the rest from outside India.
82GF Score

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

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