Prakash Woollen & Synthetic Mills (BOM:531437) Altman Z-Score: 1.20 (As of Jul. 21, 2026) — 50% Below Median

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BOM:531437 Prakash Woollen & Synthetic Mills Ltd BOM:531437
63 GF Score
Price ₹22.22
GF Value ₹30.11
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Prakash Woollen & Synthetic Mills Altman Z-Score?

Prakash Woollen & Synthetic Mills BOM:531437 -1.94% 63 Altman Z-Score is 1.20 as of Jul. 21, 2026, which is 50% below its 10-year median of 2.41. GuruFocus rates BOM:531437 with a GF Score™ of 63/100 and a GF Value™ of ₹30.11 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Prakash Woollen & Synthetic Mills ranks worse than 82.07% 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 1.2 is in distress zone. This implies bankruptcy possibility in the next two years.

Prakash Woollen & Synthetic Mills has a Altman Z-Score of 1.20, 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 Prakash Woollen & Synthetic Mills's Altman Z-Score or its related term are showing as below:

BOM:531437' s Altman Z-Score Range Over the Past 10 Years
Min: 1.16   Med: 2.41   Max: 3.69
Current: 1.2

During the past 13 years, Prakash Woollen & Synthetic Mills's highest Altman Z-Score was 3.69. The lowest was 1.16. And the median was 2.41.


Prakash Woollen & Synthetic Mills  (BOM:531437) 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.


Prakash Woollen & Synthetic Mills Altman Z-Score Related Terms


Prakash Woollen & Synthetic Mills Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Prakash Woollen & Synthetic Mills'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.

Prakash Woollen & Synthetic Mills Altman Z-Score Chart

Prakash Woollen & Synthetic Mills 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 2.54 1.38 1.57 1.82 1.16

Prakash Woollen & Synthetic Mills 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 1.82 1.85 1.28 1.27 1.16

Prakash Woollen & Synthetic Mills Altman Z-Score Competitor Comparison

For the Textile Manufacturing subindustry, Prakash Woollen & Synthetic Mills'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.


Prakash Woollen & Synthetic Mills Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prakash Woollen & Synthetic Mills's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Prakash Woollen & Synthetic Mills's Altman Z-Score falls into.


BOM:531437
63GF Score
Prakash Woollen & Synthetic Mills Ltd BOM:531437
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prakash Woollen & Synthetic Mills 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.

Prakash Woollen & Synthetic Mills'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*0.0366+1.4*0+3.3*0.0214+0.6*0.3212+1.0*0.8936
=1.20

* 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 ₹1,189 Mil.
Total Current Assets was ₹558 Mil.
Total Current Liabilities was ₹515 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 4.956 + -1.635 + 0.512 + -9.631 = ₹-6 Mil.
Interest Expense was 1.78 + -11.81 + -10.41 + -10.749 = ₹-31 Mil.
Revenue was 118.827 + 510.934 + 268.949 + 163.838 = ₹1,063 Mil.
Market Cap (Today) was ₹228 Mil.
Total Liabilities was ₹710 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
=(558.286 - 514.812)/1189.021
=0.0366

X2=Retained Earnings/Total Assets
=0/1189.021
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-5.798 - -31.189)/1189.021
=0.0214

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=227.972/709.673
=0.3212

X5=Revenue/Total Assets
=1062.548/1189.021
=0.8936

The zones of discrimination were as such:

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

Prakash Woollen & Synthetic Mills has a Altman Z-Score of 1.20 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 1.20 mean?
Prakash Woollen & Synthetic Mills (BOM:531437) has a Altman Z-Score of 1.20 as of Jul. 21, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Prakash Woollen & Synthetic Mills and its competitors. This is 50% below median its historical median of 2.41. Over the past decade, Prakash Woollen & Synthetic Mills' Altman Z-Score has ranged from 1.16 to 3.69. According to the industry distribution chart, Prakash Woollen & Synthetic Mills ranks #847 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.1%.
Is Prakash Woollen & Synthetic Mills' Altman Z-Score too high?
Prakash Woollen & Synthetic Mills' current Altman Z-Score of 1.20 is 50% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 3.69. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.48. Prakash Woollen & Synthetic Mills' value of 1.20 is 51.6% below this industry median. Based on the distribution chart, Prakash Woollen & Synthetic Mills ranks #847 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Prakash Woollen & Synthetic Mills has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prakash Woollen & Synthetic Mills' Altman Z-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Prakash Woollen & Synthetic Mills ranks #847 out of 1032 companies for Altman Z-Score. This places Prakash Woollen & Synthetic Mills in the lower half of its industry. The industry median Altman Z-Score is 2.48. Prakash Woollen & Synthetic Mills' value of 1.20 is 51.6% below this benchmark. Historically, Prakash Woollen & Synthetic Mills' own Altman Z-Score has ranged from 1.16 to 3.69 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 2.48, Prakash Woollen & Synthetic Mills 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.48, based on 1,032 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. Prakash Woollen & Synthetic Mills's current Altman Z-Score of 1.20 is 51.6% 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 Prakash Woollen & Synthetic Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Woollen & Synthetic Mills's current Altman Z-Score is 1.20, which is 50% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Woollen & Synthetic Mills stock overvalued right now?
Based on GuruFocus' analysis, Prakash Woollen & Synthetic Mills (BOM:531437) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹30.11, compared to a current price of ₹22.22 — trading 26.2% below its estimated fair value. The current Altman Z-Score is 1.20, which is 50% below median its 10-year median of 2.41 and 51.6% below the Manufacturing - Apparel & Accessories industry median of 2.48. Prakash Woollen & Synthetic Mills' overall GF Score™ is 63/100 with 6 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 Prakash Woollen & Synthetic Mills (BOM:531437), the current Altman Z-Score is 1.20 as of Jul. 21, 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 Prakash Woollen & Synthetic Mills (BOM:531437) Overvalued in 2026?

Based on GuruFocus' analysis, Prakash Woollen & Synthetic Mills stock appears to be undervalued. The current stock price of ₹22.22 is trading 26.2% below its estimated GF Value™ of ₹30.11. GuruFocus considers Prakash Woollen & Synthetic Mills to be Modestly Undervalued.

Key valuation signals for BOM:531437:

  • Altman Z-Score: 1.20 (50% below median its 10-year median of 2.41)
  • GF Value™: ₹30.11 vs. price of ₹22.22 (26.2% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 51.6% below the Manufacturing - Apparel & Accessories median (#847 of 1032)

No single metric tells the full story. See the BOM:531437 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prakash Woollen & Synthetic Mills Business Description

Address 18th KM, Stone Delhi Moradabad Road, National Highway-24, PO. Chaudherpur, Village Amhera, Amroha, UP, IND, 244 102
Prakash Woollen & Synthetic Mills Ltd is engaged in the business of manufacturing woollen blankets. Its product portfolio includes 2-Ply Mink Blankets, Baby Blankets, Fleece Blankets, Mink Blankets, Plain and Embossed Mink Blankets and Soft Blankets. The company has streamlined facilities for knitting, dyeing, processing, printing, finishing, and packaging.
63GF Score

Get the complete analysis for BOM:531437

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

₹22.22
Price
₹30.11
GF Value