Veerhealth Care (BOM:511523) Altman Z-Score: 3.38 (As of Aug. 01, 2026) — 57% Above Median

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BOM:511523 Veerhealth Care Ltd BOM:511523
65 GF Score
Price ₹42.20
GF Value ₹41.45
Valuation Fairly Valued
! 6 Warning Signs
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What is Veerhealth Care Altman Z-Score?

Veerhealth Care BOM:511523 +0.33% 65 Altman Z-Score is 3.38 as of Aug. 01, 2026, which is 57% above its 10-year median of 2.15. GuruFocus rates BOM:511523 with a GF Score™ of 65/100 and a GF Value™ of ₹41.45 (Fairly Valued). The stock has 6 warning signs investors should review. Among 953 Drug Manufacturers companies, Veerhealth Care ranks better than 52.15% 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 3.34 is strong.

Veerhealth Care has a Altman Z-Score of 3.38, 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 Veerhealth Care's Altman Z-Score or its related term are showing as below:

BOM:511523' s Altman Z-Score Range Over the Past 10 Years
Min: 1.54   Med: 2.15   Max: 25.11
Current: 3.34

During the past 13 years, Veerhealth Care's highest Altman Z-Score was 25.11. The lowest was 1.54. And the median was 2.15.


Veerhealth Care  (BOM:511523) 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.


Veerhealth Care Altman Z-Score Related Terms


Veerhealth Care Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Veerhealth Care'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.

Veerhealth Care Altman Z-Score Chart

Veerhealth Care 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 1.54 4.37 5.09 2.16 2.13

Veerhealth Care 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 2.16 2.88 2.66 2.92 2.13

BOM:511523 vs ZTS: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Veerhealth Care'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.


Veerhealth Care Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Veerhealth Care's Altman Z-Score distribution charts can be found below:

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


BOM:511523
65GF Score
Veerhealth Care Ltd BOM:511523
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Veerhealth Care 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.

Veerhealth Care'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*0.1139+1.4*0+3.3*0.0376+0.6*3.9712+1.0*0.7354
=3.38

* 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 ₹441.7 Mil.
Total Current Assets was ₹184.8 Mil.
Total Current Liabilities was ₹134.5 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was 1.802 + 4.948 + 3.422 + 2.406 = ₹12.6 Mil.
Interest Expense was -1.079 + -0.956 + -1.036 + -0.951 = ₹-4.0 Mil.
Revenue was 167.614 + 72.579 + 39.8 + 44.852 = ₹324.8 Mil.
Market Cap (Today) was ₹843.9 Mil.
Total Liabilities was ₹212.5 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
=(184.758 - 134.461)/441.744
=0.1139

X2=Retained Earnings/Total Assets
=0/441.744
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(12.578 - -4.022)/441.744
=0.0376

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=843.936/212.512
=3.9712

X5=Revenue/Total Assets
=324.845/441.744
=0.7354

The zones of discrimination were as such:

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

Veerhealth Care has a Altman Z-Score of 3.38 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 3.38 mean?
Veerhealth Care (BOM:511523) has a Altman Z-Score of 3.38 as of Aug. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Veerhealth Care and its competitors. This is 57% above median its historical median of 2.15. Over the past decade, Veerhealth Care's Altman Z-Score has ranged from 1.54 to 25.11. According to the industry distribution chart, Veerhealth Care ranks #456 out of 953 companies in the Drug Manufacturers industry, placing it in the top 47.8%.
Is Veerhealth Care's Altman Z-Score too high?
Veerhealth Care's current Altman Z-Score of 3.38 is 57% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 25.11. The Drug Manufacturers industry median Altman Z-Score is 3.12. Veerhealth Care's value of 3.38 is 8.3% above this industry median. Based on the distribution chart, Veerhealth Care ranks #456 out of 953 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Veerhealth Care has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Veerhealth Care's Altman Z-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Veerhealth Care ranks #456 out of 953 companies for Altman Z-Score. This puts Veerhealth Care in the upper half of its industry. The industry median Altman Z-Score is 3.12. Veerhealth Care's value of 3.38 is 8.3% above this benchmark. Historically, Veerhealth Care's own Altman Z-Score has ranged from 1.54 to 25.11 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 3.12, Veerhealth Care 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.12, based on 953 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. Veerhealth Care's current Altman Z-Score of 3.38 is 8.3% 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 Veerhealth Care and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veerhealth Care's current Altman Z-Score is 3.38, which is 57% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veerhealth Care stock overvalued right now?
Based on GuruFocus' analysis, Veerhealth Care (BOM:511523) is currently considered Fairly Valued. The stock's GF Value™ is ₹41.45, compared to a current price of ₹42.20 — trading 1.8% above its estimated fair value. The current Altman Z-Score is 3.38, which is 57% above median its 10-year median of 2.15 and 8.3% above the Drug Manufacturers industry median of 3.12. Veerhealth Care's overall GF Score™ is 65/100 with 6 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 Veerhealth Care (BOM:511523), the current Altman Z-Score is 3.38 as of Aug. 01, 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 Veerhealth Care (BOM:511523) Overvalued in 2026?

Based on GuruFocus' analysis, Veerhealth Care stock appears to be overvalued. The current stock price of ₹42.20 is trading 1.8% above its estimated GF Value™ of ₹41.45. GuruFocus considers Veerhealth Care to be Fairly Valued.

Key valuation signals for BOM:511523:

  • Altman Z-Score: 3.38 (57% above median its 10-year median of 2.15)
  • GF Value™: ₹41.45 vs. price of ₹42.20 (1.8% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 8.3% above the Drug Manufacturers median (#456 of 953)

No single metric tells the full story. See the BOM:511523 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veerhealth Care Business Description

Address J.S.S. Marg, Near Kalbadevi Post Office, 629-A, 1st Floor, Gazdar House, Mumbai, MH, IND, 400 002
Veerhealth Care Ltd is an India-based pharmaceutical company. It is engaged in the business of trading and manufacturing and marketing research-based Ayurvedic medicines. It operates in a single segment namely Ayurved Pharma Products.
65GF Score

Get the complete analysis for BOM:511523

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

₹42.20
Price
₹41.45
GF Value