Sinnar Bidi Udyog (BOM:509887) Altman Z-Score: 3.99 (As of Jul. 19, 2026) — 41% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:509887 Sinnar Bidi Udyog Ltd BOM:509887
61 GF Score
Price ₹690.00
GF Value ₹685.28
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Sinnar Bidi Udyog Altman Z-Score?

Sinnar Bidi Udyog BOM:509887 +0.70% 61 Altman Z-Score is 3.99 as of Jul. 19, 2026, which is 41% above its 10-year median of 2.83. GuruFocus rates BOM:509887 with a GF Score™ of 61/100 and a GF Value™ of ₹685.28 (Fairly Valued). The stock has 3 warning signs investors should review. Among 48 Tobacco Products companies, Sinnar Bidi Udyog ranks worse than 52.08% 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 3.99 is strong.

Sinnar Bidi Udyog has a Altman Z-Score of 3.99, 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 Sinnar Bidi Udyog's Altman Z-Score or its related term are showing as below:

BOM:509887' s Altman Z-Score Range Over the Past 10 Years
Min: 2   Med: 2.83   Max: 5.64
Current: 3.99

During the past 13 years, Sinnar Bidi Udyog's highest Altman Z-Score was 5.64. The lowest was 2.00. And the median was 2.83.


Sinnar Bidi Udyog  (BOM:509887) 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.


Sinnar Bidi Udyog Altman Z-Score Related Terms


Sinnar Bidi Udyog Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sinnar Bidi Udyog'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.

Sinnar Bidi Udyog Altman Z-Score Chart

Sinnar Bidi Udyog 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 2.20 2.89 4.53 5.64 4.89

Sinnar Bidi Udyog 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 5.64 5.97 8.74 6.53 4.89

BOM:509887 vs PM, MO, TPB: Altman Z-Score Comparison

For the Tobacco subindustry, Sinnar Bidi Udyog'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.


Sinnar Bidi Udyog Altman Z-Score vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Sinnar Bidi Udyog's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Sinnar Bidi Udyog's Altman Z-Score falls into.


BOM:509887
61GF Score
Sinnar Bidi Udyog Ltd BOM:509887
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinnar Bidi Udyog 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.

Sinnar Bidi Udyog'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*0.634+1.4*0+3.3*-0.0135+0.6*4.6457+1.0*0.488
=3.99

* 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 ₹101.96 Mil.
Total Current Assets was ₹91.55 Mil.
Total Current Liabilities was ₹26.90 Mil.
Retained Earnings was ₹0.00 Mil.
Pre-Tax Income was -3.622 + -0.819 + 2.341 + 0.727 = ₹-1.37 Mil.
Interest Expense was 0 + 0 + 0 + 0 = ₹0.00 Mil.
Revenue was 12.041 + 8.905 + 16.964 + 11.848 = ₹49.76 Mil.
Market Cap (Today) was ₹276.00 Mil.
Total Liabilities was ₹59.41 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
=(91.546 - 26.899)/101.962
=0.634

X2=Retained Earnings/Total Assets
=0/101.962
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-1.373 - 0)/101.962
=-0.0135

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=276.000/59.41
=4.6457

X5=Revenue/Total Assets
=49.758/101.962
=0.488

The zones of discrimination were as such:

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

Sinnar Bidi Udyog has a Altman Z-Score of 3.99 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 3.99 mean?
Sinnar Bidi Udyog (BOM:509887) has a Altman Z-Score of 3.99 as of Jul. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sinnar Bidi Udyog and its competitors. This is 41% above median its historical median of 2.83. Over the past decade, Sinnar Bidi Udyog's Altman Z-Score has ranged from 2.00 to 5.64. According to the industry distribution chart, Sinnar Bidi Udyog ranks #25 out of 48 companies in the Tobacco Products industry, placing it in the top 52.1%.
Is Sinnar Bidi Udyog's Altman Z-Score too high?
Sinnar Bidi Udyog's current Altman Z-Score of 3.99 is 41% above median its 10-year median of 2.83. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 5.64. The Tobacco Products industry median Altman Z-Score is 4.01. Sinnar Bidi Udyog's value of 3.99 is 0.5% below this industry median. Based on the distribution chart, Sinnar Bidi Udyog ranks #25 out of 48 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, Sinnar Bidi Udyog has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinnar Bidi Udyog's Altman Z-Score compare to PM and MO?
According to the Tobacco Products industry distribution chart, Sinnar Bidi Udyog ranks #25 out of 48 companies for Altman Z-Score. This places Sinnar Bidi Udyog in the lower half of its industry. The industry median Altman Z-Score is 4.01. Sinnar Bidi Udyog's value of 3.99 is 0.5% below this benchmark. Historically, Sinnar Bidi Udyog's own Altman Z-Score has ranged from 2.00 to 5.64 over the past decade. While the company's 10-year median is 2.83 vs. the industry median of 4.01, Sinnar Bidi Udyog has consistently been below 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 Tobacco Products company?
The median Altman Z-Score among Tobacco Products companies is 4.01, based on 48 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. Sinnar Bidi Udyog's current Altman Z-Score of 3.99 is 0.5% below 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 Sinnar Bidi Udyog and its competitors. For the Tobacco Products industry, the median Altman Z-Score is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinnar Bidi Udyog's current Altman Z-Score is 3.99, which is 41% above median its own 10-year median of 2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinnar Bidi Udyog stock overvalued right now?
Based on GuruFocus' analysis, Sinnar Bidi Udyog (BOM:509887) is currently considered Fairly Valued. The stock's GF Value™ is ₹685.28, compared to a current price of ₹690.00 — trading 0.7% above its estimated fair value. The current Altman Z-Score is 3.99, which is 41% above median its 10-year median of 2.83 and 0.5% below the Tobacco Products industry median of 4.01. Sinnar Bidi Udyog's overall GF Score™ is 61/100 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 Sinnar Bidi Udyog (BOM:509887), the current Altman Z-Score is 3.99 as of Jul. 19, 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 Sinnar Bidi Udyog (BOM:509887) Overvalued in 2026?

Based on GuruFocus' analysis, Sinnar Bidi Udyog stock appears to be overvalued. The current stock price of ₹690.00 is trading 0.7% above its estimated GF Value™ of ₹685.28. GuruFocus considers Sinnar Bidi Udyog to be Fairly Valued.

Key valuation signals for BOM:509887:

  • Altman Z-Score: 3.99 (41% above median its 10-year median of 2.83)
  • GF Value™: ₹685.28 vs. price of ₹690.00 (0.7% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 0.5% below the Tobacco Products median (#25 of 48)

No single metric tells the full story. See the BOM:509887 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinnar Bidi Udyog Business Description

Address Nashik-Pune Road, Camel House, Nashik, MH, IND, 422011
Sinnar Bidi Udyog Ltd is an Indian-based company that operates in the tobacco industry. The company's operations predominantly consist of the processing and trading of tobacco. It considers Tobacco and Tobacco Products and Bidi Leaves as one business segment. Geographically, it derives revenue from India.
61GF Score

Get the complete analysis for BOM:509887

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

₹690.00
Price
₹685.28
GF Value