Jaiprakash Power Ventures (BOM:532627) Altman Z-Score: 2.10 (As of Aug. 05, 2026) — 176% Above Median

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BOM:532627 Jaiprakash Power Ventures Ltd BOM:532627
70 GF Score
Price ₹18.85
GF Value ₹16.41
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Jaiprakash Power Ventures Altman Z-Score?

Jaiprakash Power Ventures BOM:532627 +0.48% 70 Altman Z-Score is 2.10 as of Aug. 05, 2026, which is 176% above its 10-year median of 0.76. GuruFocus rates BOM:532627 with a GF Score™ of 70/100 and a GF Value™ of ₹16.41 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 416 Utilities - Independent Power Producers companies, Jaiprakash Power Ventures ranks better than 68.27% 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 1.98 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.

Jaiprakash Power Ventures has a Altman Z-Score of 2.10, indicating it is in Grey Zones. This implies that Jaiprakash Power Ventures 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 Jaiprakash Power Ventures's Altman Z-Score or its related term are showing as below:

BOM:532627' s Altman Z-Score Range Over the Past 10 Years
Min: -0.27   Med: 0.76   Max: 2.24
Current: 1.98

During the past 13 years, Jaiprakash Power Ventures's highest Altman Z-Score was 2.24. The lowest was -0.27. And the median was 0.76.


Jaiprakash Power Ventures  (BOM:532627) 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.


Jaiprakash Power Ventures Altman Z-Score Related Terms


Jaiprakash Power Ventures Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Jaiprakash Power Ventures'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.

Jaiprakash Power Ventures Altman Z-Score Chart

Jaiprakash Power Ventures 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 0.58 0.85 1.71 1.71 1.72

Jaiprakash Power Ventures Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.97 2.10 2.05 1.72 0.00

BOM:532627 vs CEG, VST, NRG: Altman Z-Score Comparison

For the Utilities - Independent Power Producers subindustry, Jaiprakash Power Ventures'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.


Jaiprakash Power Ventures Altman Z-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jaiprakash Power Ventures's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Jaiprakash Power Ventures's Altman Z-Score falls into.


BOM:532627
70GF Score
Jaiprakash Power Ventures Ltd BOM:532627
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Jaiprakash Power Ventures 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.

Jaiprakash Power Ventures'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*0.1469+1.4*-0.0578+3.3*0.0596+0.6*2.4723+1.0*0.3205
=2.10

* 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 Jun. 2026:
Total Assets was ₹179,576 Mil.
Total Current Assets was ₹41,924 Mil.
Total Current Liabilities was ₹15,545 Mil.
Retained Earnings was ₹-10,384 Mil.
Pre-Tax Income was 3768 + 19.8 + 186.2 + 2920.1 = ₹6,894 Mil.
Interest Expense was -1021.2 + -868.8 + -913.5 + -997.6 = ₹-3,801 Mil.
Revenue was 17757 + 13864.3 + 11555.7 + 14383 = ₹57,560 Mil.
Market Cap (Today) was ₹129,188 Mil.
Total Liabilities was ₹52,254 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
=(41924.1 - 15545.4)/179576.4
=0.1469

X2=Retained Earnings/Total Assets
=-10383.7/179576.4
=-0.0578

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6894.1 - -3801.1)/179576.4
=0.0596

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=129187.699/52253.9
=2.4723

X5=Revenue/Total Assets
=57560/179576.4
=0.3205

The zones of discrimination were as such:

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

Jaiprakash Power Ventures has a Altman Z-Score of 2.10 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 2.10 mean?
Jaiprakash Power Ventures (BOM:532627) has a Altman Z-Score of 2.10 as of Aug. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Jaiprakash Power Ventures and its competitors. This is 176% above median its historical median of 0.76. According to the industry distribution chart, Jaiprakash Power Ventures ranks #132 out of 416 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.7%.
Is Jaiprakash Power Ventures' Altman Z-Score too high?
Jaiprakash Power Ventures' current Altman Z-Score of 2.10 is 176% above median its 10-year median of 0.76. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.22. Jaiprakash Power Ventures' value of 2.10 is 72.1% above this industry median. Based on the distribution chart, Jaiprakash Power Ventures ranks #132 out of 416 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Jaiprakash Power Ventures has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jaiprakash Power Ventures' Altman Z-Score compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Jaiprakash Power Ventures ranks #132 out of 416 companies for Altman Z-Score. This puts Jaiprakash Power Ventures in the upper half of its industry. The industry median Altman Z-Score is 1.22. Jaiprakash Power Ventures' value of 2.10 is 72.1% above this benchmark. While the company's 10-year median is 0.76 vs. the industry median of 1.22, Jaiprakash Power Ventures 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 Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.22, based on 416 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. Jaiprakash Power Ventures's current Altman Z-Score of 2.10 is 72.1% 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 Jaiprakash Power Ventures and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaiprakash Power Ventures's current Altman Z-Score is 2.10, which is 176% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaiprakash Power Ventures stock overvalued right now?
Based on GuruFocus' analysis, Jaiprakash Power Ventures (BOM:532627) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹16.41, compared to a current price of ₹18.85 — trading 14.9% above its estimated fair value. The current Altman Z-Score is 2.10, which is 176% above median its 10-year median of 0.76 and 72.1% above the Utilities - Independent Power Producers industry median of 1.22. Jaiprakash Power Ventures' overall GF Score™ is 70/100 with 3 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 Jaiprakash Power Ventures (BOM:532627), the current Altman Z-Score is 2.10 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 Jaiprakash Power Ventures (BOM:532627) Overvalued in 2026?

Based on GuruFocus' analysis, Jaiprakash Power Ventures stock appears to be overvalued. The current stock price of ₹18.85 is trading 14.9% above its estimated GF Value™ of ₹16.41. GuruFocus considers Jaiprakash Power Ventures to be Modestly Overvalued.

Key valuation signals for BOM:532627:

  • Altman Z-Score: 2.10 (176% above median its 10-year median of 0.76)
  • GF Value™: ₹16.41 vs. price of ₹18.85 (14.9% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 72.1% above the Utilities - Independent Power Producers median (#132 of 416)

No single metric tells the full story. See the BOM:532627 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jaiprakash Power Ventures Business Description

Other Exchanges JPPOWER:India
Address 63, Basant Lok, JA House, Vasant Vihar, New Delhi, IND, 110057
Jaiprakash Power Ventures Ltd is an Indian power company. The firm plans, develops, implements, and operates power projects in India. In addition, it operates the hydroelectric power plant in the private sector in India. The company is also engaged in the business of cement grinding and captive coal mining operations. Its segments include Power, Sand Mining, Coal, and Others. It generates a majority of its revenue from the Power segment. Geographically the company generates its revenue from India.
70GF Score

Get the complete analysis for BOM:532627

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

₹18.85
Price
₹16.41
GF Value