Castora Agri Commodities (BOM:531913) Altman Z-Score: 1.61 (As of Jul. 18, 2026)

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BOM:531913 Castora Agri Commodities Ltd BOM:531913
15 GF Score
Price ₹13.71
GF Value ₹0.53
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Castora Agri Commodities Altman Z-Score?

Castora Agri Commodities BOM:531913 15 Altman Z-Score is 1.61 as of Jul. 18, 2026. GuruFocus rates BOM:531913 with a GF Score™ of 15/100 and a GF Value™ of ₹0.53 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 608 Steel companies, Castora Agri Commodities ranks worse than 66.61% 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 1.84 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.

Castora Agri Commodities has a Altman Z-Score of 1.61, 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 Castora Agri Commodities's Altman Z-Score or its related term are showing as below:

BOM:531913' s Altman Z-Score Range Over the Past 10 Years
Min: -2.77   Med: -0.36   Max: 2.02
Current: 1.84

During the past 13 years, Castora Agri Commodities's highest Altman Z-Score was 2.02. The lowest was -2.77. And the median was -0.36.


Castora Agri Commodities  (BOM:531913) 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.


Castora Agri Commodities Altman Z-Score Related Terms


Castora Agri Commodities Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Castora Agri Commodities'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.

Castora Agri Commodities Altman Z-Score Chart

Castora Agri Commodities 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 -1.01 -0.36 0.94 0.40 1.60

Castora Agri Commodities 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 0.40 -0.20 1.26 1.23 1.60

BOM:531913 vs NUE, STLD, RS: Altman Z-Score Comparison

For the Steel subindustry, Castora Agri Commodities'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.


Castora Agri Commodities Altman Z-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Castora Agri Commodities's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Castora Agri Commodities's Altman Z-Score falls into.


BOM:531913
15GF Score
Castora Agri Commodities Ltd BOM:531913
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Castora Agri Commodities 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.

Castora Agri Commodities'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*-0.4442+1.4*0+3.3*-0.0223+0.6*3.5623+1.0*0.0773
=1.61

* 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 ₹27.42 Mil.
Total Current Assets was ₹6.16 Mil.
Total Current Liabilities was ₹18.34 Mil.
Retained Earnings was ₹0.00 Mil.
Pre-Tax Income was 0.954 + -1.569 + 0.717 + -0.714 = ₹-0.61 Mil.
Interest Expense was 0 + 0 + 0 + 0 = ₹0.00 Mil.
Revenue was 1.099 + 0 + 1.005 + 0.016 = ₹2.12 Mil.
Market Cap (Today) was ₹67.41 Mil.
Total Liabilities was ₹18.92 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
=(6.157 - 18.338)/27.424
=-0.4442

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-0.612 - 0)/27.424
=-0.0223

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=67.413/18.924
=3.5623

X5=Revenue/Total Assets
=2.12/27.424
=0.0773

The zones of discrimination were as such:

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

Castora Agri Commodities has a Altman Z-Score of 1.61 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 1.61 mean?
Castora Agri Commodities (BOM:531913) has a Altman Z-Score of 1.61 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Castora Agri Commodities and its competitors. According to the industry distribution chart, Castora Agri Commodities ranks #405 out of 608 companies in the Steel industry, placing it in the top 66.6%.
Is Castora Agri Commodities' Altman Z-Score too high?
Castora Agri Commodities' current Altman Z-Score is 1.61. The Steel industry median Altman Z-Score is 2.45. Castora Agri Commodities' value of 1.61 is 34.2% below this industry median. Based on the distribution chart, Castora Agri Commodities ranks #405 out of 608 companies in the Steel industry, which is below the industry midpoint. Overall, Castora Agri Commodities has a GF Score™ of 15/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Castora Agri Commodities' Altman Z-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Castora Agri Commodities ranks #405 out of 608 companies for Altman Z-Score. This places Castora Agri Commodities in the lower half of its industry. The industry median Altman Z-Score is 2.45. Castora Agri Commodities' value of 1.61 is 34.2% below this benchmark. 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 Steel company?
The median Altman Z-Score among Steel companies is 2.45, based on 608 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. Castora Agri Commodities's current Altman Z-Score of 1.61 is 34.2% 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 Castora Agri Commodities and its competitors. For the Steel industry, the median Altman Z-Score is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castora Agri Commodities's current Altman Z-Score is 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castora Agri Commodities stock overvalued right now?
Based on GuruFocus' analysis, Castora Agri Commodities (BOM:531913) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.53, compared to a current price of ₹13.71 — trading 2486.8% above its estimated fair value. The current Altman Z-Score is 1.61 and 34.2% below the Steel industry median of 2.45. Castora Agri Commodities' overall GF Score™ is 15/100 with 5 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 Castora Agri Commodities (BOM:531913), the current Altman Z-Score is 1.61 as of Jul. 18, 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 Castora Agri Commodities (BOM:531913) Overvalued in 2026?

Based on GuruFocus' analysis, Castora Agri Commodities stock appears to be overvalued. The current stock price of ₹13.71 is trading 2486.8% above its estimated GF Value™ of ₹0.53. GuruFocus considers Castora Agri Commodities to be Significantly Overvalued.

Key valuation signals for BOM:531913:

  • Altman Z-Score: 1.61
  • GF Value™: ₹0.53 vs. price of ₹13.71 (2486.8% above fair value)
  • GF Score™: 15/100 with 5 warning signs
  • Industry Position: 34.2% below the Steel median (#405 of 608)

No single metric tells the full story. See the BOM:531913 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Castora Agri Commodities Business Description

Address B-701, Nirman Complex, Behind Navrangpura Bus Stand, Opposite Havmor Restaurant, Navrangpura, Ahmedabad, GJ, IND, 380009
Castora Agri Commodities Ltd, formerly known as Gopal Iron & Steels Co (Gujarat) Ltd, is an India-based company. It is engaged in the manufacturing of structural steel like channels, angles, beams, sections, electric resistance welded pipes, and bars. Its products comprise ERW Pipes / Tubes (RHS, SHS, CHS) and Bars like Round Bars, Square Bars, HR/CR/SS Galvanized coils, strips and Flat Bars. The company is also engaged in green power generation through windmills.
15GF Score

Get the complete analysis for BOM:531913

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

₹13.71
Price
₹0.53
GF Value