Dutron Polymers (BOM:517437) Altman Z-Score: 6.73 (As of Jul. 17, 2026) — Near Median

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BOM:517437 Dutron Polymers Ltd BOM:517437
65 GF Score
Price ₹102.90
GF Value ₹110.12
Valuation Fairly Valued
! 2 Warning Signs
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What is Dutron Polymers Altman Z-Score?

Dutron Polymers BOM:517437 65 Altman Z-Score is 6.73 as of Jul. 17, 2026, which is 4% above its 10-year median of 6.50. GuruFocus rates BOM:517437 with a GF Score™ of 65/100 and a GF Value™ of ₹110.12 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,755 Construction companies, Dutron Polymers ranks better than 91.05% 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 6.66 is strong.

Dutron Polymers has a Altman Z-Score of 6.73, 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 Dutron Polymers's Altman Z-Score or its related term are showing as below:

BOM:517437' s Altman Z-Score Range Over the Past 10 Years
Min: 4.56   Med: 6.5   Max: 10.13
Current: 6.66

During the past 13 years, Dutron Polymers's highest Altman Z-Score was 10.13. The lowest was 4.56. And the median was 6.50.


Dutron Polymers  (BOM:517437) 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.


Dutron Polymers Altman Z-Score Related Terms


Dutron Polymers Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dutron Polymers'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.

Dutron Polymers Altman Z-Score Chart

Dutron Polymers 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 6.86 7.56 10.13 7.69 6.52

Dutron Polymers 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 7.69 8.00 7.45 6.99 6.52

BOM:517437 vs TT, JCI, CARR: Altman Z-Score Comparison

For the Building Products & Equipment subindustry, Dutron Polymers'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.


Dutron Polymers Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Dutron Polymers's Altman Z-Score distribution charts can be found below:

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


BOM:517437
65GF Score
Dutron Polymers Ltd BOM:517437
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dutron Polymers 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.

Dutron Polymers'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*0.6434+1.4*0+3.3*0.0958+0.6*5.7371+1.0*2.2032
=6.73

* 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 ₹417.1 Mil.
Total Current Assets was ₹330.7 Mil.
Total Current Liabilities was ₹62.4 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was 7.088 + 11.507 + 5.387 + 11.107 = ₹35.1 Mil.
Interest Expense was -1.207 + -1.073 + -1.134 + -1.448 = ₹-4.9 Mil.
Revenue was 230.248 + 225.023 + 194.4 + 269.411 = ₹919.1 Mil.
Market Cap (Today) was ₹617.4 Mil.
Total Liabilities was ₹107.6 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
=(330.745 - 62.367)/417.149
=0.6434

X2=Retained Earnings/Total Assets
=0/417.149
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(35.089 - -4.862)/417.149
=0.0958

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=617.400/107.616
=5.7371

X5=Revenue/Total Assets
=919.082/417.149
=2.2032

The zones of discrimination were as such:

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

Dutron Polymers has a Altman Z-Score of 6.73 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 6.73 mean?
Dutron Polymers (BOM:517437) has a Altman Z-Score of 6.73 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dutron Polymers and its competitors. This is near median its historical median of 6.50. Over the past decade, Dutron Polymers' Altman Z-Score has ranged from 4.56 to 10.13. According to the industry distribution chart, Dutron Polymers ranks #157 out of 1755 companies in the Construction industry, placing it in the top 8.9%.
Is Dutron Polymers' Altman Z-Score too high?
Dutron Polymers' current Altman Z-Score of 6.73 is near median its 10-year median of 6.50. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 10.13. The Construction industry median Altman Z-Score is 2.32. Dutron Polymers' value of 6.73 is 190.1% above this industry median. Based on the distribution chart, Dutron Polymers ranks #157 out of 1755 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Dutron Polymers has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dutron Polymers' Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Dutron Polymers ranks #157 out of 1755 companies for Altman Z-Score. This places Dutron Polymers in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.32. Dutron Polymers' value of 6.73 is 190.1% above this benchmark. Historically, Dutron Polymers' own Altman Z-Score has ranged from 4.56 to 10.13 over the past decade. While the company's 10-year median is 6.50 vs. the industry median of 2.32, Dutron Polymers 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 Construction company?
The median Altman Z-Score among Construction companies is 2.32, based on 1,755 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. Dutron Polymers's current Altman Z-Score of 6.73 is 190.1% 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 Dutron Polymers and its competitors. For the Construction industry, the median Altman Z-Score is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dutron Polymers's current Altman Z-Score is 6.73, which is near median its own 10-year median of 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dutron Polymers stock overvalued right now?
Based on GuruFocus' analysis, Dutron Polymers (BOM:517437) is currently considered Fairly Valued. The stock's GF Value™ is ₹110.12, compared to a current price of ₹102.90 — trading 6.6% below its estimated fair value. The current Altman Z-Score is 6.73, which is near median its 10-year median of 6.50 and 190.1% above the Construction industry median of 2.32. Dutron Polymers' overall GF Score™ is 65/100 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 Dutron Polymers (BOM:517437), the current Altman Z-Score is 6.73 as of Jul. 17, 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 Dutron Polymers (BOM:517437) Overvalued in 2026?

Based on GuruFocus' analysis, Dutron Polymers stock appears to be undervalued. The current stock price of ₹102.90 is trading 6.6% below its estimated GF Value™ of ₹110.12. GuruFocus considers Dutron Polymers to be Fairly Valued.

Key valuation signals for BOM:517437:

  • Altman Z-Score: 6.73 (near median its 10-year median of 6.50)
  • GF Value™: ₹110.12 vs. price of ₹102.90 (6.6% below fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 190.1% above the Construction median (#157 of 1755)

No single metric tells the full story. See the BOM:517437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dutron Polymers Business Description

Address Dutron House, Near Mithakhali Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009
Dutron Polymers Ltd is an India-based company engaged in the manufacturing of plastic pipes. The product portfolio of the group includes high-density polyethylene pipe systems, unplasticized polyvinyl chloride pipes, and fittings, suction and delivery hose, braided hose, flat hose, plastic sheets, corrugated pipes, as well as water tanks. Further, its product is used in agriculture, industrial and construction sectors. Geographically all the activities are functioned through the regions of India and it derives revenue from the sale of products. The company operates in one reportable business segment: Manufacturing of Plastic Pipes.
65GF Score

Get the complete analysis for BOM:517437

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

₹102.90
Price
₹110.12
GF Value