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Ajmera Realty & Infra IndiaBOM:513349 -1.97%76 Altman Z-Score is 3.07 as of Jul. 18, 2026, which is 45% above its 10-year median of 2.12. GuruFocus rates BOM:513349 with a GF Score™ of 76/100 and a GF Value™ of ₹207.32 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,730 Real Estate companies, Ajmera Realty & Infra India ranks better than 83.24% 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 3.15 is strong.
Ajmera Realty & Infra India has a Altman Z-Score of 3.07, 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 Ajmera Realty & Infra India's Altman Z-Score or its related term are showing as below:
BOM:513349'
s Altman Z-Score Range Over the Past 10 Years
Min: 1.5 Med: 2.12 Max: 4.29
Current: 3.15
During the past 13 years, Ajmera Realty & Infra India's highest Altman Z-Score was 4.29. The lowest was 1.50. And the median was 2.12.
Ajmera Realty & Infra India (BOM:513349) 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.
* 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.
Ajmera Realty & Infra India Altman Z-Score Competitor Comparison
For the Real Estate - Development subindustry, Ajmera Realty & Infra 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.
Ajmera Realty & Infra India Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ajmera Realty & Infra India's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Ajmera Realty & Infra India's Altman Z-Score falls into.
Ajmera Realty & Infra 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.
* 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.
Ajmera Realty & Infra India (BOM:513349) has a Altman Z-Score of 3.07 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ajmera Realty & Infra India and its competitors. This is 45% above median its historical median of 2.12. Over the past decade, Ajmera Realty & Infra India's Altman Z-Score has ranged from 1.50 to 4.29. According to the industry distribution chart, Ajmera Realty & Infra India ranks #290 out of 1730 companies in the Real Estate industry, placing it in the top 16.8%.
Is Ajmera Realty & Infra India's Altman Z-Score too high?
Ajmera Realty & Infra India's current Altman Z-Score of 3.07 is 45% above median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 4.29. The Real Estate industry median Altman Z-Score is 1.32. Ajmera Realty & Infra India's value of 3.07 is 133.5% above this industry median. Based on the distribution chart, Ajmera Realty & Infra India ranks #290 out of 1730 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Ajmera Realty & Infra India has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ajmera Realty & Infra India's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Ajmera Realty & Infra India ranks #290 out of 1730 companies for Altman Z-Score. This places Ajmera Realty & Infra India in the top 17% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.32. Ajmera Realty & Infra India's value of 3.07 is 133.5% above this benchmark. Historically, Ajmera Realty & Infra India's own Altman Z-Score has ranged from 1.50 to 4.29 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 1.32, Ajmera Realty & Infra India 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 Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.32, based on 1,730 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. Ajmera Realty & Infra India's current Altman Z-Score of 3.07 is 133.5% 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 Ajmera Realty & Infra India and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajmera Realty & Infra India's current Altman Z-Score is 3.07, which is 45% above median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajmera Realty & Infra India stock overvalued right now?
Based on GuruFocus' analysis, Ajmera Realty & Infra India (BOM:513349) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹207.32, compared to a current price of ₹126.60 — trading 38.9% below its estimated fair value. The current Altman Z-Score is 3.07, which is 45% above median its 10-year median of 2.12 and 133.5% above the Real Estate industry median of 1.32. Ajmera Realty & Infra India's overall GF Score™ is 76/100 with 2 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 Ajmera Realty & Infra India (BOM:513349), the current Altman Z-Score is 3.07 as of Jul. 18, 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 Ajmera Realty & Infra India (BOM:513349) Overvalued in 2026?
Based on GuruFocus' analysis, Ajmera Realty & Infra India stock appears to be undervalued.
The current stock price of ₹126.60 is trading 38.9% below its estimated GF Value™ of ₹207.32.
GuruFocus considers Ajmera Realty & Infra India to be Significantly Undervalued.
Key valuation signals for BOM:513349:
Altman Z-Score: 3.07 (45% above median its 10-year median of 2.12)
GF Value™: ₹207.32 vs. price of ₹126.60 (38.9% below fair value)
Industry Position: 133.5% above the Real Estate median (#290 of 1730)
No single metric tells the full story. See the BOM:513349 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ajmera Realty & Infra India Ltd is an Indian-based real estate development company. It is engaged in developing residential, commercial, and retail properties. It also deals with the generation and supply of electricity. Some of its projects include Ajmera Lugaano, Ajmera Nucleus, Ajmera I-Land, Ajmera Sikova, and Ajmera Greenfinity.
76GF Score
Get the complete analysis for BOM:513349
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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