Spright Agro (BOM:531205) Altman Z-Score: 2.74 (As of Aug. 05, 2026) — 81% Above Median

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BOM:531205 Spright Agro Ltd BOM:531205
32 GF Score
Price ₹0.45
GF Value ₹0.86
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Spright Agro Altman Z-Score?

Spright Agro BOM:531205 32 Altman Z-Score is 2.74 as of Aug. 05, 2026, which is 81% above its 10-year median of 1.51. GuruFocus rates BOM:531205 with a GF Score™ of 32/100 and a GF Value™ of ₹0.86 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 248 Agriculture companies, Spright Agro ranks better than 50% 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 2.67 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Spright Agro has a Altman Z-Score of 2.74, indicating it is in Grey Zones. This implies that Spright Agro is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Spright Agro's Altman Z-Score or its related term are showing as below:

BOM:531205' s Altman Z-Score Range Over the Past 10 Years
Min: -518.79   Med: 1.51   Max: 258.43
Current: 2.67

During the past 13 years, Spright Agro's highest Altman Z-Score was 258.43. The lowest was -518.79. And the median was 1.51.


Spright Agro  (BOM:531205) 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.


Spright Agro Altman Z-Score Related Terms


Spright Agro Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Spright Agro'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.

Spright Agro Altman Z-Score Chart

Spright Agro 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 1.51 0.11 258.43 42.75 2.74

Spright Agro 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 42.75 33.77 4.93 3.40 2.74

BOM:531205 vs CTVA, CF, MOS: Altman Z-Score Comparison

For the Agricultural Inputs subindustry, Spright Agro'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.


Spright Agro Altman Z-Score vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Spright Agro's Altman Z-Score distribution charts can be found below:

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


BOM:531205
32GF Score
Spright Agro Ltd BOM:531205
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spright Agro 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.

Spright Agro'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*0.6547+1.4*0+3.3*-0.0914+0.6*2.4763+1.0*0.7713
=2.74

* 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 ₹1,362 Mil.
Total Current Assets was ₹1,083 Mil.
Total Current Liabilities was ₹191 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was -78.176 + -103.49 + -66.57 + 123.713 = ₹-125 Mil.
Interest Expense was 0 + 0 + 0.001 + -0.001 = ₹0 Mil.
Revenue was -19.19 + 45.573 + 403.917 + 620.256 = ₹1,051 Mil.
Market Cap (Today) was ₹482 Mil.
Total Liabilities was ₹195 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
=(1082.82 - 191.187)/1361.986
=0.6547

X2=Retained Earnings/Total Assets
=0/1361.986
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-124.523 - 0)/1361.986
=-0.0914

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=482.178/194.716
=2.4763

X5=Revenue/Total Assets
=1050.556/1361.986
=0.7713

The zones of discrimination were as such:

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

Spright Agro has a Altman Z-Score of 2.74 indicating it is in Grey 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 2.74 mean?
Spright Agro (BOM:531205) has a Altman Z-Score of 2.74 as of Aug. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Spright Agro and its competitors. This is 81% above median its historical median of 1.51. According to the industry distribution chart, Spright Agro ranks #124 out of 248 companies in the Agriculture industry, placing it in the top 50%.
Is Spright Agro's Altman Z-Score too high?
Spright Agro's current Altman Z-Score of 2.74 is 81% above median its 10-year median of 1.51. The Agriculture industry median Altman Z-Score is 2.67. Spright Agro's value of 2.74 is 2.8% above this industry median. Based on the distribution chart, Spright Agro ranks #124 out of 248 companies in the Agriculture industry, which is above the industry midpoint. Overall, Spright Agro has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spright Agro's Altman Z-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Spright Agro ranks #124 out of 248 companies for Altman Z-Score. This puts Spright Agro in the upper half of its industry. The industry median Altman Z-Score is 2.67. Spright Agro's value of 2.74 is 2.8% above this benchmark. While the company's 10-year median is 1.51 vs. the industry median of 2.67, Spright Agro 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 an Agriculture company?
The median Altman Z-Score among Agriculture companies is 2.67, based on 248 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. Spright Agro's current Altman Z-Score of 2.74 is 2.8% 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 Spright Agro and its competitors. For the Agriculture industry, the median Altman Z-Score is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spright Agro's current Altman Z-Score is 2.74, which is 81% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spright Agro stock overvalued right now?
Based on GuruFocus' analysis, Spright Agro (BOM:531205) is currently considered Possible Value Trap. The stock's GF Value™ is ₹0.86, compared to a current price of ₹0.45 — trading 47.7% below its estimated fair value. The current Altman Z-Score is 2.74, which is 81% above median its 10-year median of 1.51 and 2.8% above the Agriculture industry median of 2.67. Spright Agro's overall GF Score™ is 32/100 with 4 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 Spright Agro (BOM:531205), the current Altman Z-Score is 2.74 as of Aug. 05, 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 Spright Agro (BOM:531205) Overvalued in 2026?

Based on GuruFocus' analysis, Spright Agro stock appears to be undervalued. The current stock price of ₹0.45 is trading 47.7% below its estimated GF Value™ of ₹0.86. GuruFocus considers Spright Agro to be Possible Value Trap.

Key valuation signals for BOM:531205:

  • Altman Z-Score: 2.74 (81% above median its 10-year median of 1.51)
  • GF Value™: ₹0.86 vs. price of ₹0.45 (47.7% below fair value)
  • GF Score™: 32/100 with 4 warning signs
  • Industry Position: 2.8% above the Agriculture median (#124 of 248)

No single metric tells the full story. See the BOM:531205 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spright Agro Business Description

Address Rangoli Road, Off Sindhu Bhavan Road, Office No. 1216, Shilp Epitom Rajpath, Bodakdev, Ahmedabad, GJ, IND, 380054
Spright Agro Ltd is engaged in dealing, trading, importing, exporting in all types of agricultural goods, commodities, and other related materials on a retail as well as a wholesale basis.
32GF Score

Get the complete analysis for BOM:531205

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

₹0.45
Price
₹0.86
GF Value