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Adarsh Plant ProtectBOM:526711 +9.97%45 Altman Z-Score is 4.29 as of Aug. 08, 2026, which is 92% above its 10-year median of 2.23. GuruFocus rates BOM:526711 with a GF Score™ of 45/100 and a GF Value™ of ₹15.11 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 392 Packaging & Containers companies, Adarsh Plant Protect ranks better than 72.19% 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 4.07 is strong.
Adarsh Plant Protect has a Altman Z-Score of 4.29, 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 Adarsh Plant Protect's Altman Z-Score or its related term are showing as below:
BOM:526711'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.34 Med: 2.23 Max: 4.07
Current: 4.07
During the past 13 years, Adarsh Plant Protect's highest Altman Z-Score was 4.07. The lowest was -0.34. And the median was 2.23.
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.
Altman Z-Score does not apply to financial companies.
Adarsh Plant Protect Altman Z-Score Related Terms
Adarsh Plant Protect Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Adarsh Plant Protect'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.
BOM:526711 vs SW, PKG, IP: Altman Z-Score Comparison
For the Packaging & Containers subindustry, Adarsh Plant Protect'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.
Adarsh Plant Protect Altman Z-Score vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Adarsh Plant Protect's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Adarsh Plant Protect's Altman Z-Score falls into.
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.
Adarsh Plant Protect'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
*
0.2902
+
1.4
*
0
+
3.3
*
0.0387
+
0.6
*
3.9852
+
1.0
*
1.418
=
4.29
* 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.
Adarsh Plant Protect (BOM:526711) has a Altman Z-Score of 4.29 as of Aug. 08, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Adarsh Plant Protect and its competitors. This is 92% above median its historical median of 2.23. According to the industry distribution chart, Adarsh Plant Protect ranks #109 out of 392 companies in the Packaging & Containers industry, placing it in the top 27.8%.
Is Adarsh Plant Protect's Altman Z-Score too high?
Adarsh Plant Protect's current Altman Z-Score of 4.29 is 92% above median its 10-year median of 2.23. The Packaging & Containers industry median Altman Z-Score is 2.66. Adarsh Plant Protect's value of 4.29 is 61.3% above this industry median. Based on the distribution chart, Adarsh Plant Protect ranks #109 out of 392 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Adarsh Plant Protect has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adarsh Plant Protect's Altman Z-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Adarsh Plant Protect ranks #109 out of 392 companies for Altman Z-Score. This puts Adarsh Plant Protect in the upper half of its industry. The industry median Altman Z-Score is 2.66. Adarsh Plant Protect's value of 4.29 is 61.3% above this benchmark. While the company's 10-year median is 2.23 vs. the industry median of 2.66, Adarsh Plant Protect 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.66, based on 392 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. Adarsh Plant Protect's current Altman Z-Score of 4.29 is 61.3% 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 Adarsh Plant Protect and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adarsh Plant Protect's current Altman Z-Score is 4.29, which is 92% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adarsh Plant Protect stock overvalued right now?
Based on GuruFocus' analysis, Adarsh Plant Protect (BOM:526711) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹15.11, compared to a current price of ₹32.98 — trading 118.3% above its estimated fair value. The current Altman Z-Score is 4.29, which is 92% above median its 10-year median of 2.23 and 61.3% above the Packaging & Containers industry median of 2.66. Adarsh Plant Protect's overall GF Score™ is 45/100 with 7 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 Adarsh Plant Protect (BOM:526711), the current Altman Z-Score is 4.29 as of Aug. 08, 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 Adarsh Plant Protect (BOM:526711) Overvalued in 2026?
Based on GuruFocus' analysis, Adarsh Plant Protect stock appears to be overvalued.
The current stock price of ₹32.98 is trading 118.3% above its estimated GF Value™ of ₹15.11.
GuruFocus considers Adarsh Plant Protect to be Significantly Overvalued.
Key valuation signals for BOM:526711:
Altman Z-Score: 4.29 (92% above median its 10-year median of 2.23)
GF Value™: ₹15.11 vs. price of ₹32.98 (118.3% above fair value)
Industry Position: 61.3% above the Packaging & Containers median (#109 of 392)
No single metric tells the full story. See the BOM:526711 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adarsh Plant Protect Ltd offers products in industrial packaging (Barrels), agricultural equipment, and Smokeless chulhas. APPL has an in-house research and product development center to design products. The operating segments of the company are Industrial Packaging, Agriculture and Plant Protection, and Smokeless Chulha and Ecostove. The company generates the majority of its revenue from Industrial Packaging. The Industrial Packaging segment caters to the packing needs of various industries across the chemical, oil, lubricants, and pharmaceutical sectors. The division has an in-house manufacturing unit, storage, and fleet to make just-in-time delivery.
45GF Score
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