Paushak (BOM:532742) Altman Z-Score: 6.34 (As of Jul. 22, 2026) — 48% Below Median

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BOM:532742 Paushak Ltd BOM:532742
79 GF Score
Price ₹563.65
GF Value ₹693.17
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Paushak Altman Z-Score?

Paushak BOM:532742 +0.14% 79 Altman Z-Score is 6.34 as of Jul. 22, 2026, which is 48% below its 10-year median of 12.19. GuruFocus rates BOM:532742 with a GF Score™ of 79/100 and a GF Value™ of ₹693.17 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,560 Chemicals companies, Paushak ranks better than 77.88% 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 6.23 is strong.

Paushak has a Altman Z-Score of 6.34, 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 Paushak's Altman Z-Score or its related term are showing as below:

BOM:532742' s Altman Z-Score Range Over the Past 10 Years
Min: 4.43   Med: 12.19   Max: 33.21
Current: 6.23

During the past 13 years, Paushak's highest Altman Z-Score was 33.21. The lowest was 4.43. And the median was 12.19.


Paushak  (BOM:532742) 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.


Paushak Altman Z-Score Related Terms


Paushak Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Paushak'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.

Paushak Altman Z-Score Chart

Paushak 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 33.21 20.95 14.26 9.38 4.43

Paushak 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 9.38 8.82 10.14 7.00 4.43

BOM:532742 vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Paushak'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.


Paushak Altman Z-Score vs Chemicals Industry

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

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


BOM:532742
79GF Score
Paushak Ltd BOM:532742
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Paushak 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.

Paushak'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*0.1003+1.4*0.4915+3.3*0.0781+0.6*8.2324+1.0*0.3312
=6.34

* 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 ₹6,599 Mil.
Total Current Assets was ₹1,317 Mil.
Total Current Liabilities was ₹654 Mil.
Retained Earnings was ₹3,244 Mil.
Pre-Tax Income was 160.2 + 74.2 + 113.4 + 156.3 = ₹504 Mil.
Interest Expense was -10.2 + -0.1 + -0.4 + -0.4 = ₹-11 Mil.
Revenue was 551.4 + 488 + 587.8 + 558.8 = ₹2,186 Mil.
Market Cap (Today) was ₹13,898 Mil.
Total Liabilities was ₹1,688 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
=(1316.605 - 654.448)/6599.408
=0.1003

X2=Retained Earnings/Total Assets
=3243.611/6599.408
=0.4915

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(504.1 - -11.1)/6599.408
=0.0781

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=13897.868/1688.194
=8.2324

X5=Revenue/Total Assets
=2186/6599.408
=0.3312

The zones of discrimination were as such:

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

Paushak has a Altman Z-Score of 6.34 indicating it is in Safe 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 6.34 mean?
Paushak (BOM:532742) has a Altman Z-Score of 6.34 as of Jul. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Paushak and its competitors. This is 48% below median its historical median of 12.19. Over the past decade, Paushak's Altman Z-Score has ranged from 4.43 to 33.21. According to the industry distribution chart, Paushak ranks #345 out of 1560 companies in the Chemicals industry, placing it in the top 22.1%.
Is Paushak's Altman Z-Score too high?
Paushak's current Altman Z-Score of 6.34 is 48% below median its 10-year median of 12.19. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 33.21. The Chemicals industry median Altman Z-Score is 3.08. Paushak's value of 6.34 is 106.2% above this industry median. Based on the distribution chart, Paushak ranks #345 out of 1560 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Paushak has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paushak's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Paushak ranks #345 out of 1560 companies for Altman Z-Score. This places Paushak in the top 22% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.08. Paushak's value of 6.34 is 106.2% above this benchmark. Historically, Paushak's own Altman Z-Score has ranged from 4.43 to 33.21 over the past decade. While the company's 10-year median is 12.19 vs. the industry median of 3.08, Paushak 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 Chemicals company?
The median Altman Z-Score among Chemicals companies is 3.08, based on 1,560 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. Paushak's current Altman Z-Score of 6.34 is 106.2% 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 Paushak and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paushak's current Altman Z-Score is 6.34, which is 48% below median its own 10-year median of 12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paushak stock overvalued right now?
Based on GuruFocus' analysis, Paushak (BOM:532742) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹693.17, compared to a current price of ₹563.65 — trading 18.7% below its estimated fair value. The current Altman Z-Score is 6.34, which is 48% below median its 10-year median of 12.19 and 106.2% above the Chemicals industry median of 3.08. Paushak's overall GF Score™ is 79/100 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 Paushak (BOM:532742), the current Altman Z-Score is 6.34 as of Jul. 22, 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 Paushak (BOM:532742) Overvalued in 2026?

Based on GuruFocus' analysis, Paushak stock appears to be undervalued. The current stock price of ₹563.65 is trading 18.7% below its estimated GF Value™ of ₹693.17. GuruFocus considers Paushak to be Modestly Undervalued.

Key valuation signals for BOM:532742:

  • Altman Z-Score: 6.34 (48% below median its 10-year median of 12.19)
  • GF Value™: ₹693.17 vs. price of ₹563.65 (18.7% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 106.2% above the Chemicals median (#345 of 1560)

No single metric tells the full story. See the BOM:532742 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Paushak Business Description

Other Exchanges PAUSHAKLTD:India
Address Alembic Road, Vadodara, GJ, IND, 390003
Paushak Ltd manufactures and develops phosgene-based specialty chemicals and intermediates. The company operates in only one segment, Speciality chemicals. It produces Isocyanates such as 2-Phenyl Ethyl isocyanate, Cyclohexyl isocyanate; Chloroformates which include Benzyl chloroformate, 2- Ethylhexyl chloroformate, Isobutyl chloroformate and Carboamoyl Chlorides such as Diethylcarbamoyl Chloride, and N-Ethyl-N-Methylcarbamoyl Chloride and others. Geographically, the company has a business presence in India and outside India, from which a majority of its revenue is derived within India.
79GF Score

Get the complete analysis for BOM:532742

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

₹563.65
Price
₹693.17
GF Value