GPT Infraprojects (BOM:533761) Altman Z-Score: 3.10 (As of Jul. 20, 2026) — 57% Above Median

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BOM:533761 GPT Infraprojects Ltd BOM:533761
82 GF Score
Price ₹116.45
GF Value ₹120.65
Valuation Fairly Valued
! 3 Warning Signs
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What is GPT Infraprojects Altman Z-Score?

GPT Infraprojects BOM:533761 -2.10% 82 Altman Z-Score is 3.10 as of Jul. 20, 2026, which is 57% above its 10-year median of 1.98. GuruFocus rates BOM:533761 with a GF Score™ of 82/100 and a GF Value™ of ₹120.65 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,756 Construction companies, GPT Infraprojects ranks better than 66.17% 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 3.1 is strong.

GPT Infraprojects has a Altman Z-Score of 3.10, 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 GPT Infraprojects's Altman Z-Score or its related term are showing as below:

BOM:533761' s Altman Z-Score Range Over the Past 10 Years
Min: 1.46   Med: 1.98   Max: 4.57
Current: 3.1

During the past 13 years, GPT Infraprojects's highest Altman Z-Score was 4.57. The lowest was 1.46. And the median was 1.98.


GPT Infraprojects  (BOM:533761) 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.


GPT Infraprojects Altman Z-Score Related Terms


GPT Infraprojects Altman Z-Score Historical Data

* Premium members only.

The historical data trend for GPT Infraprojects'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.

GPT Infraprojects Altman Z-Score Chart

GPT Infraprojects 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 2.10 2.16 3.83 4.57 2.91

GPT Infraprojects 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 4.57 4.83 3.61 3.60 2.91

BOM:533761 vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, GPT Infraprojects'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.


GPT Infraprojects Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, GPT Infraprojects's Altman Z-Score distribution charts can be found below:

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


BOM:533761
82GF Score
GPT Infraprojects Ltd BOM:533761
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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GPT Infraprojects 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.

GPT Infraprojects'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*0.2518+1.4*0.2249+3.3*0.1194+0.6*1.901+1.0*0.945
=3.10

* 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 Mar. 2026:
Total Assets was ₹13,650 Mil.
Total Current Assets was ₹9,302 Mil.
Total Current Liabilities was ₹5,864 Mil.
Retained Earnings was ₹3,070 Mil.
Pre-Tax Income was 413.113 + 268.41 + 287.353 + 333.579 = ₹1,302 Mil.
Interest Expense was -95.001 + -91.659 + -84.841 + -55.893 = ₹-327 Mil.
Revenue was 4146.808 + 2839.337 + 2786.688 + 3126.336 = ₹12,899 Mil.
Market Cap (Today) was ₹14,715 Mil.
Total Liabilities was ₹7,741 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
=(9301.97 - 5864.452)/13649.522
=0.2518

X2=Retained Earnings/Total Assets
=3069.965/13649.522
=0.2249

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1302.455 - -327.394)/13649.522
=0.1194

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=14715.158/7740.683
=1.901

X5=Revenue/Total Assets
=12899.169/13649.522
=0.945

The zones of discrimination were as such:

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

GPT Infraprojects has a Altman Z-Score of 3.10 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 3.10 mean?
GPT Infraprojects (BOM:533761) has a Altman Z-Score of 3.10 as of Jul. 20, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on GPT Infraprojects and its competitors. This is 57% above median its historical median of 1.98. Over the past decade, GPT Infraprojects' Altman Z-Score has ranged from 1.46 to 4.57. According to the industry distribution chart, GPT Infraprojects ranks #594 out of 1756 companies in the Construction industry, placing it in the top 33.8%.
Is GPT Infraprojects' Altman Z-Score too high?
GPT Infraprojects' current Altman Z-Score of 3.10 is 57% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 4.57. The Construction industry median Altman Z-Score is 2.31. GPT Infraprojects' value of 3.10 is 34.2% above this industry median. Based on the distribution chart, GPT Infraprojects ranks #594 out of 1756 companies in the Construction industry, which is above the industry midpoint. Overall, GPT Infraprojects has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GPT Infraprojects' Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, GPT Infraprojects ranks #594 out of 1756 companies for Altman Z-Score. This puts GPT Infraprojects in the upper half of its industry. The industry median Altman Z-Score is 2.31. GPT Infraprojects' value of 3.10 is 34.2% above this benchmark. Historically, GPT Infraprojects' own Altman Z-Score has ranged from 1.46 to 4.57 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.31, GPT Infraprojects 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 Construction company?
The median Altman Z-Score among Construction companies is 2.31, based on 1,756 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. GPT Infraprojects's current Altman Z-Score of 3.10 is 34.2% 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 GPT Infraprojects and its competitors. For the Construction industry, the median Altman Z-Score is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GPT Infraprojects's current Altman Z-Score is 3.10, which is 57% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GPT Infraprojects stock overvalued right now?
Based on GuruFocus' analysis, GPT Infraprojects (BOM:533761) is currently considered Fairly Valued. The stock's GF Value™ is ₹120.65, compared to a current price of ₹116.45 — trading 3.5% below its estimated fair value. The current Altman Z-Score is 3.10, which is 57% above median its 10-year median of 1.98 and 34.2% above the Construction industry median of 2.31. GPT Infraprojects' overall GF Score™ is 82/100 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 GPT Infraprojects (BOM:533761), the current Altman Z-Score is 3.10 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 GPT Infraprojects (BOM:533761) Overvalued in 2026?

Based on GuruFocus' analysis, GPT Infraprojects stock appears to be undervalued. The current stock price of ₹116.45 is trading 3.5% below its estimated GF Value™ of ₹120.65. GuruFocus considers GPT Infraprojects to be Fairly Valued.

Key valuation signals for BOM:533761:

  • Altman Z-Score: 3.10 (57% above median its 10-year median of 1.98)
  • GF Value™: ₹120.65 vs. price of ₹116.45 (3.5% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 34.2% above the Construction median (#594 of 1756)

No single metric tells the full story. See the BOM:533761 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GPT Infraprojects Business Description

Other Exchanges GPTINFRA:India
Address Sector-III, GPT Centre, JC-25, Salt Lake, Kolkata, WB, IND, 700106
GPT Infraprojects Ltd is principally engaged in construction activities for infrastructure projects. Besides, the group is also engaged in the concrete sleeper manufacturing business. It has two segments, namely Infrastructure, which derives maximum revenue, and Concrete Sleepers. In its infrastructure vertical, the group is engaged in the construction and repair of railway bridges (with steel superstructures, structured steel fabrication, and large-span steel superstructures), road building, the construction of riverine bridges on deep-pile or pile foundations, and the construction of railway tracks, among others. The Sleeper vertical manufactures concrete sleepers, which are used to lay new railway tracks and renovate old ones. Geographically, it derives maximum revenue from India.
82GF Score

Get the complete analysis for BOM:533761

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

₹116.45
Price
₹120.65
GF Value