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Bhilwara Technical TextilesBOM:533108 -4.98%59 Altman Z-Score is 145.97 as of Jul. 18, 2026, which is 46% above its 10-year median of 100.11. GuruFocus rates BOM:533108 with a GF Score™ of 59/100 and a GF Value™ of ₹97.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,028 Manufacturing - Apparel & Accessories companies, Bhilwara Technical Textiles ranks better than 99.61% 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.
Good Sign:
Altman Z-score of 153.63 is strong.
Bhilwara Technical Textiles has a Altman Z-Score of 145.97, 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 Bhilwara Technical Textiles's Altman Z-Score or its related term are showing as below:
BOM:533108'
s Altman Z-Score Range Over the Past 10 Years
Min: 19.37 Med: 100.11 Max: 2529.36
Current: 153.63
During the past 13 years, Bhilwara Technical Textiles's highest Altman Z-Score was 2529.36. The lowest was 19.37. And the median was 100.11.
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.
* 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.
For the Textile Manufacturing subindustry, Bhilwara Technical Textiles'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.
Bhilwara Technical Textiles Altman Z-Score vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bhilwara Technical Textiles's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Bhilwara Technical Textiles's Altman Z-Score falls into.
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.
* 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.
Bhilwara Technical Textiles (BOM:533108) has a Altman Z-Score of 145.97 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bhilwara Technical Textiles and its competitors. This is 46% above median its historical median of 100.11. Over the past decade, Bhilwara Technical Textiles' Altman Z-Score has ranged from 19.37 to 2,529.36. According to the industry distribution chart, Bhilwara Technical Textiles ranks #4 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.40000000000001%.
Is Bhilwara Technical Textiles' Altman Z-Score too high?
Bhilwara Technical Textiles' current Altman Z-Score of 145.97 is 46% above median its 10-year median of 100.11. Over the past 10 years, this metric has ranged from a low of 19.37 to a high of 2,529.36. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.49. Bhilwara Technical Textiles' value of 145.97 is 5762.2% above this industry median. Based on the distribution chart, Bhilwara Technical Textiles ranks #4 out of 1028 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bhilwara Technical Textiles has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bhilwara Technical Textiles' Altman Z-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bhilwara Technical Textiles ranks #4 out of 1028 companies for Altman Z-Score. This places Bhilwara Technical Textiles in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.49. Bhilwara Technical Textiles' value of 145.97 is 5762.2% above this benchmark. Historically, Bhilwara Technical Textiles' own Altman Z-Score has ranged from 19.37 to 2,529.36 over the past decade. While the company's 10-year median is 100.11 vs. the industry median of 2.49, Bhilwara Technical Textiles 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.49, based on 1,028 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. Bhilwara Technical Textiles's current Altman Z-Score of 145.97 is 5762.2% 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 Bhilwara Technical Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhilwara Technical Textiles's current Altman Z-Score is 145.97, which is 46% above median its own 10-year median of 100.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhilwara Technical Textiles stock overvalued right now?
Based on GuruFocus' analysis, Bhilwara Technical Textiles (BOM:533108) is currently considered Possible Value Trap. The stock's GF Value™ is ₹97.32, compared to a current price of ₹51.76 — trading 46.8% below its estimated fair value. The current Altman Z-Score is 145.97, which is 46% above median its 10-year median of 100.11 and 5762.2% above the Manufacturing - Apparel & Accessories industry median of 2.49. Bhilwara Technical Textiles' overall GF Score™ is 59/100 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 Bhilwara Technical Textiles (BOM:533108), the current Altman Z-Score is 145.97 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 Bhilwara Technical Textiles (BOM:533108) Overvalued in 2026?
Based on GuruFocus' analysis, Bhilwara Technical Textiles stock appears to be undervalued.
The current stock price of ₹51.76 is trading 46.8% below its estimated GF Value™ of ₹97.32.
GuruFocus considers Bhilwara Technical Textiles to be Possible Value Trap.
Key valuation signals for BOM:533108:
Altman Z-Score: 145.97 (46% above median its 10-year median of 100.11)
GF Value™: ₹97.32 vs. price of ₹51.76 (46.8% below fair value)
Industry Position: 5762.2% above the Manufacturing - Apparel & Accessories median (#4 of 1028)
No single metric tells the full story. See the BOM:533108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhilwara Technical Textiles Ltd is engaged in the business of trading yarns. The main objective of the company is to carry on the business of the manufacturer, producer, dealer, importer, exporter, buyer, seller, and dealer in and as broker, agent, stockist, distributor, and supplier of all kinds of automotive and home furnishing fabrics, made-ups, apparels, and other products, goods, nylon, articles and are made from or with cotton, silk, polyester, acrylic and other kinds of fiber.
59GF Score
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