RNIT AI Solutions (BOM:517286) Altman Z-Score: 12.70 (As of Aug. 02, 2026) — 704% Above Median

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BOM:517286 RNIT AI Solutions Ltd BOM:517286
40 GF Score
Price ₹64.41
! 2 Warning Signs
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What is RNIT AI Solutions Altman Z-Score?

RNIT AI Solutions BOM:517286 +4.99% 40 Altman Z-Score is 12.70 as of Aug. 02, 2026, which is 704% above its 10-year median of 1.58. GuruFocus rates BOM:517286 with a GF Score™ of 40/100. The stock has 2 warning signs investors should review. Among 429 Furnishings, Fixtures & Appliances companies, RNIT AI Solutions ranks better than 94.17% 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 12.7 is strong.

RNIT AI Solutions has a Altman Z-Score of 12.70, 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 RNIT AI Solutions's Altman Z-Score or its related term are showing as below:

BOM:517286' s Altman Z-Score Range Over the Past 10 Years
Min: -0.66   Med: 1.58   Max: 49.01
Current: 12.7

During the past 12 years, RNIT AI Solutions's highest Altman Z-Score was 49.01. The lowest was -0.66. And the median was 1.58.


RNIT AI Solutions  (BOM:517286) 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.


RNIT AI Solutions Altman Z-Score Related Terms


RNIT AI Solutions Altman Z-Score Historical Data

* Premium members only.

The historical data trend for RNIT AI Solutions'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.

RNIT AI Solutions Altman Z-Score Chart

RNIT AI Solutions Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.30 -0.13 28.53 11.58

RNIT AI Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 28.56 29.06 12.03 11.58 0.00

BOM:517286 vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, RNIT AI Solutions'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.


RNIT AI Solutions Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, RNIT AI Solutions's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where RNIT AI Solutions's Altman Z-Score falls into.


BOM:517286
40GF Score
RNIT AI Solutions Ltd BOM:517286
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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RNIT AI Solutions 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.

RNIT AI Solutions'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*0.3362+1.4*-0.0314+3.3*0.1096+0.6*19.4361+1.0*0.3177
=12.70

* 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. 2026:
Total Assets was ₹1,671.4 Mil.
Total Current Assets was ₹781.4 Mil.
Total Current Liabilities was ₹219.5 Mil.
Retained Earnings was ₹-52.5 Mil.
Pre-Tax Income was 17.322 + 64.511 + 48.026 + 42.668 = ₹172.5 Mil.
Interest Expense was -3.627 + -2.618 + -2.242 + -2.163 = ₹-10.7 Mil.
Revenue was 78.53 + 176.157 + 139.148 + 137.195 = ₹531.0 Mil.
Market Cap (Today) was ₹5,461.5 Mil.
Total Liabilities was ₹281.0 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
=(781.374 - 219.463)/1671.42
=0.3362

X2=Retained Earnings/Total Assets
=-52.459/1671.42
=-0.0314

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(172.527 - -10.65)/1671.42
=0.1096

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5461.458/280.996
=19.4361

X5=Revenue/Total Assets
=531.03/1671.42
=0.3177

The zones of discrimination were as such:

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

RNIT AI Solutions has a Altman Z-Score of 12.70 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 12.70 mean?
RNIT AI Solutions (BOM:517286) has a Altman Z-Score of 12.70 as of Aug. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on RNIT AI Solutions and its competitors. This is 704% above median its historical median of 1.58. According to the industry distribution chart, RNIT AI Solutions ranks #25 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 5.8%.
Is RNIT AI Solutions' Altman Z-Score too high?
RNIT AI Solutions' current Altman Z-Score of 12.70 is 704% above median its 10-year median of 1.58. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.78. RNIT AI Solutions' value of 12.70 is 356.8% above this industry median. Based on the distribution chart, RNIT AI Solutions ranks #25 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, RNIT AI Solutions has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does RNIT AI Solutions' Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, RNIT AI Solutions ranks #25 out of 429 companies for Altman Z-Score. This places RNIT AI Solutions in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.78. RNIT AI Solutions' value of 12.70 is 356.8% above this benchmark. While the company's 10-year median is 1.58 vs. the industry median of 2.78, RNIT AI Solutions 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.78, based on 429 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. RNIT AI Solutions's current Altman Z-Score of 12.70 is 356.8% 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 RNIT AI Solutions and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RNIT AI Solutions's current Altman Z-Score is 12.70, which is 704% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RNIT AI Solutions stock overvalued right now?
RNIT AI Solutions (BOM:517286) has a current Altman Z-Score of 12.70. The current Altman Z-Score is 12.70, which is 704% above median its 10-year median of 1.58 and 356.8% above the Furnishings, Fixtures & Appliances industry median of 2.78. RNIT AI Solutions' overall GF Score™ is 40/100 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 RNIT AI Solutions (BOM:517286), the current Altman Z-Score is 12.70 as of Aug. 02, 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.

RNIT AI Solutions Business Description

Address Kavuri Hills, Plot No 92 93 & 94, Madhapur, Jubilee Hills, Shaikpet, Hyderabad, RJ, IND, 500033
RNIT AI Solutions Ltd is an India-based technology company engaged in providing AI- and IoT-driven digital transformation solutions. The Company designs and develops AI-centric platforms, software solutions, and support and maintenance services, including AI-based identity and authentication systems, facial recognition solutions, conversational AI, digital portals, open-source ERP, data analytics, and Industry 4.0 IoT solutions, mainly delivered through SaaS and O&M models. It provides customized, domain-specific solutions to government departments and enterprises, with a focus on citizen-centric services, digital governance, and last-mile accountability across departments.
40GF Score

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