Tanla Platforms (BOM:532790) Altman Z-Score: 6.83 (As of Jul. 20, 2026) — 12% Above Median

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BOM:532790 Tanla Platforms Ltd BOM:532790
96 GF Score
Price ₹583.90
GF Value ₹840.52
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Tanla Platforms Altman Z-Score?

Tanla Platforms BOM:532790 -0.76% 96 Altman Z-Score is 6.83 as of Jul. 20, 2026, which is 12% above its 10-year median of 6.09. GuruFocus rates BOM:532790 with a GF Score™ of 96/100 and a GF Value™ of ₹840.52 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,767 Software companies, Tanla Platforms ranks better than 79.73% 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 6.83 is strong.

Tanla Platforms has a Altman Z-Score of 6.83, 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 Tanla Platforms's Altman Z-Score or its related term are showing as below:

BOM:532790' s Altman Z-Score Range Over the Past 10 Years
Min: 2.13   Med: 6.09   Max: 15.25
Current: 6.83

During the past 13 years, Tanla Platforms's highest Altman Z-Score was 15.25. The lowest was 2.13. And the median was 6.09.


Tanla Platforms  (BOM:532790) 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.


Tanla Platforms Altman Z-Score Related Terms


Tanla Platforms Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tanla Platforms'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.

Tanla Platforms Altman Z-Score Chart

Tanla Platforms 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 15.25 8.02 9.41 6.65 5.52

Tanla Platforms 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 6.65 7.97 7.04 6.15 5.52

BOM:532790 vs UBER, SHOP, CRM: Altman Z-Score Comparison

For the Software - Application subindustry, Tanla Platforms'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.


Tanla Platforms Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Tanla Platforms's Altman Z-Score distribution charts can be found below:

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


BOM:532790
96GF Score
Tanla Platforms Ltd BOM:532790
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tanla Platforms 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.

Tanla Platforms'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*0.4156+1.4*0.6164+3.3*0.1713+0.6*6.2055+1.0*1.1844
=6.83

* 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 ₹37,300 Mil.
Total Current Assets was ₹27,446 Mil.
Total Current Liabilities was ₹11,945 Mil.
Retained Earnings was ₹22,993 Mil.
Pre-Tax Income was 1666.518 + 1648.242 + 1554.959 + 1474.438 = ₹6,344 Mil.
Interest Expense was -6.365 + -11.857 + -12.321 + -13.372 = ₹-44 Mil.
Revenue was 11775.395 + 11210.356 + 10784.756 + 10406.557 = ₹44,177 Mil.
Market Cap (Today) was ₹77,073 Mil.
Total Liabilities was ₹12,420 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
=(27446.107 - 11944.806)/37300.182
=0.4156

X2=Retained Earnings/Total Assets
=22992.845/37300.182
=0.6164

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(6344.157 - -43.915)/37300.182
=0.1713

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=77073.491/12420.181
=6.2055

X5=Revenue/Total Assets
=44177.064/37300.182
=1.1844

The zones of discrimination were as such:

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

Tanla Platforms has a Altman Z-Score of 6.83 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 6.83 mean?
Tanla Platforms (BOM:532790) has a Altman Z-Score of 6.83 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tanla Platforms and its competitors. This is 12% above median its historical median of 6.09. Over the past decade, Tanla Platforms' Altman Z-Score has ranged from 2.13 to 15.25. According to the industry distribution chart, Tanla Platforms ranks #561 out of 2767 companies in the Software industry, placing it in the top 20.3%.
Is Tanla Platforms' Altman Z-Score too high?
Tanla Platforms' current Altman Z-Score of 6.83 is 12% above median its 10-year median of 6.09. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 15.25. The Software industry median Altman Z-Score is 3.11. Tanla Platforms' value of 6.83 is 119.6% above this industry median. Based on the distribution chart, Tanla Platforms ranks #561 out of 2767 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tanla Platforms has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tanla Platforms' Altman Z-Score compare to UBER and SHOP?
According to the Software industry distribution chart, Tanla Platforms ranks #561 out of 2767 companies for Altman Z-Score. This places Tanla Platforms in the top 20% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.11. Tanla Platforms' value of 6.83 is 119.6% above this benchmark. Historically, Tanla Platforms' own Altman Z-Score has ranged from 2.13 to 15.25 over the past decade. While the company's 10-year median is 6.09 vs. the industry median of 3.11, Tanla Platforms 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 Software company?
The median Altman Z-Score among Software companies is 3.11, based on 2,767 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. Tanla Platforms's current Altman Z-Score of 6.83 is 119.6% 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 Tanla Platforms and its competitors. For the Software industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanla Platforms's current Altman Z-Score is 6.83, which is 12% above median its own 10-year median of 6.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanla Platforms stock overvalued right now?
Based on GuruFocus' analysis, Tanla Platforms (BOM:532790) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹840.52, compared to a current price of ₹583.90 — trading 30.5% below its estimated fair value. The current Altman Z-Score is 6.83, which is 12% above median its 10-year median of 6.09 and 119.6% above the Software industry median of 3.11. Tanla Platforms' overall GF Score™ is 96/100 with 2 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 Tanla Platforms (BOM:532790), the current Altman Z-Score is 6.83 as of Jul. 20, 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 Tanla Platforms (BOM:532790) Overvalued in 2026?

Based on GuruFocus' analysis, Tanla Platforms stock appears to be undervalued. The current stock price of ₹583.90 is trading 30.5% below its estimated GF Value™ of ₹840.52. GuruFocus considers Tanla Platforms to be Significantly Undervalued.

Key valuation signals for BOM:532790:

  • Altman Z-Score: 6.83 (12% above median its 10-year median of 6.09)
  • GF Value™: ₹840.52 vs. price of ₹583.90 (30.5% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 119.6% above the Software median (#561 of 2767)

No single metric tells the full story. See the BOM:532790 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tanla Platforms Business Description

Other Exchanges TANLA:India
Address Hitech City Road, Tanla Technology Centre, Madhapur, Hyderabad, TG, IND, 500081
Tanla Platforms Ltd is engaged in the provision of Cloud Communications for People and Things, Messaging, Voice, and IOT services. The company's only operating segment is the CPaaS service provider. Geographically, it derives a majority of its revenue from India.
96GF Score

Get the complete analysis for BOM:532790

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

₹583.90
Price
₹840.52
GF Value