KS Smart Technologies (BOM:516038) Altman Z-Score: 1.61 (As of Jul. 15, 2026) — Near Median

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BOM:516038 KS Smart Technologies Ltd BOM:516038
25 GF Score
Price ₹131.35
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What is KS Smart Technologies Altman Z-Score?

KS Smart Technologies BOM:516038 +1.16% 25 Altman Z-Score is 1.61 as of Jul. 15, 2026, which is 3% above its 10-year median of 1.57. GuruFocus rates BOM:516038 with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 2,765 Software companies, KS Smart Technologies ranks worse than 70.52% 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.

Warning Sign:

Altman Z-score of 1.57 is in distress zone. This implies bankruptcy possibility in the next two years.

KS Smart Technologies has a Altman Z-Score of 1.61, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 KS Smart Technologies's Altman Z-Score or its related term are showing as below:

BOM:516038' s Altman Z-Score Range Over the Past 10 Years
Min: -3.31   Med: 1.57   Max: 2738.66
Current: 1.57

During the past 13 years, KS Smart Technologies's highest Altman Z-Score was 2738.66. The lowest was -3.31. And the median was 1.57.


KS Smart Technologies  (BOM:516038) 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.


KS Smart Technologies Altman Z-Score Related Terms


KS Smart Technologies Altman Z-Score Historical Data

* Premium members only.

The historical data trend for KS Smart Technologies'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.

KS Smart Technologies Altman Z-Score Chart

KS Smart Technologies 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 0.00 0.00 0.00 2,738.66 2.36

KS Smart Technologies 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 2,738.66 0.00 52.12 3,681.88 2.36

BOM:516038 vs MSFT, ORCL, PLTR: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, KS Smart Technologies'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.


KS Smart Technologies Altman Z-Score vs Software Industry

For the Software industry and Technology sector, KS Smart Technologies's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where KS Smart Technologies's Altman Z-Score falls into.


BOM:516038
25GF Score
KS Smart Technologies Ltd BOM:516038
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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KS Smart Technologies 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.

KS Smart Technologies'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*-0.0741+1.4*0+3.3*0.068+0.6*1.4978+1.0*0.5773
=1.61

* 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 ₹17,338 Mil.
Total Current Assets was ₹12,584 Mil.
Total Current Liabilities was ₹13,869 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 761.503 + 233.157 + -0.339 + -0.183 = ₹994 Mil.
Interest Expense was -76.691 + -108.394 + 0 + 0 = ₹-185 Mil.
Revenue was 8146.922 + 1861.683 + 0 + 0 = ₹10,009 Mil.
Market Cap (Today) was ₹21,551 Mil.
Total Liabilities was ₹14,388 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
=(12583.824 - 13868.55)/17337.753
=-0.0741

X2=Retained Earnings/Total Assets
=0/17337.753
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(994.138 - -185.085)/17337.753
=0.068

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=21550.595/14388.446
=1.4978

X5=Revenue/Total Assets
=10008.605/17337.753
=0.5773

The zones of discrimination were as such:

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

KS Smart Technologies has a Altman Z-Score of 1.61 indicating it is in Distress 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 1.61 mean?
KS Smart Technologies (BOM:516038) has a Altman Z-Score of 1.61 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on KS Smart Technologies and its competitors. This is near median its historical median of 1.57. According to the industry distribution chart, KS Smart Technologies ranks #1950 out of 2765 companies in the Software industry, placing it in the top 70.5%.
Is KS Smart Technologies' Altman Z-Score too high?
KS Smart Technologies' current Altman Z-Score of 1.61 is near median its 10-year median of 1.57. The Software industry median Altman Z-Score is 3.16. KS Smart Technologies' value of 1.61 is 49.1% below this industry median. Based on the distribution chart, KS Smart Technologies ranks #1950 out of 2765 companies in the Software industry, which is below the industry midpoint. Overall, KS Smart Technologies has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does KS Smart Technologies' Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, KS Smart Technologies ranks #1950 out of 2765 companies for Altman Z-Score. This places KS Smart Technologies in the lower half of its industry. The industry median Altman Z-Score is 3.16. KS Smart Technologies' value of 1.61 is 49.1% below this benchmark. While the company's 10-year median is 1.57 vs. the industry median of 3.16, KS Smart Technologies 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 Software company?
The median Altman Z-Score among Software companies is 3.16, based on 2,765 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. KS Smart Technologies's current Altman Z-Score of 1.61 is 49.1% 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 KS Smart Technologies and its competitors. For the Software industry, the median Altman Z-Score is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KS Smart Technologies's current Altman Z-Score is 1.61, which is near median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KS Smart Technologies stock overvalued right now?
KS Smart Technologies (BOM:516038) has a current Altman Z-Score of 1.61. The current Altman Z-Score is 1.61, which is near median its 10-year median of 1.57 and 49.1% below the Software industry median of 3.16. KS Smart Technologies' overall GF Score™ is 25/100 with 1 warning sign 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 KS Smart Technologies (BOM:516038), the current Altman Z-Score is 1.61 as of Jul. 15, 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.

KS Smart Technologies Business Description

Address No. 528, Anna Salai, Teynampet, Chennai, TG, IND, 600018
KS Smart Technologies Ltd is engaged in developing AI-driven technologies to address operational and digital challenges. Its portfolio includes solutions such as virtual reality based learning applications and IoT infrastructure systems, serving businesses and public sector organizations.
25GF Score

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