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Shanti Guru IndustriesBOM:534708 -4.80%37 Altman Z-Score is 4.02 as of Jul. 14, 2026, which is 56% below its 10-year median of 9.09. GuruFocus rates BOM:534708 with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 309 Retail - Defensive companies, Shanti Guru Industries ranks better than 64.08% 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 4.12 is strong.
Shanti Guru Industries has a Altman Z-Score of 4.02, 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 Shanti Guru Industries's Altman Z-Score or its related term are showing as below:
BOM:534708'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.92 Med: 9.09 Max: 9.96
Current: 4.12
During the past 13 years, Shanti Guru Industries's highest Altman Z-Score was 9.96. The lowest was 2.92. And the median was 9.09.
Shanti Guru Industries (BOM:534708) 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.
Altman Z-Score does not apply to financial companies.
Shanti Guru Industries Altman Z-Score Related Terms
Shanti Guru Industries Altman Z-Score Historical Data
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The historical data trend for Shanti Guru Industries'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.
BOM:534708 vs SYY, USFD, PFGC: Altman Z-Score Comparison
For the Food Distribution subindustry, Shanti Guru Industries'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.
Shanti Guru Industries Altman Z-Score vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Shanti Guru Industries's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Shanti Guru Industries'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.
Shanti Guru Industries (BOM:534708) has a Altman Z-Score of 4.02 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shanti Guru Industries and its competitors. This is 56% below median its historical median of 9.09. Over the past decade, Shanti Guru Industries' Altman Z-Score has ranged from 2.92 to 9.96. According to the industry distribution chart, Shanti Guru Industries ranks #111 out of 309 companies in the Retail - Defensive industry, placing it in the top 35.9%.
Is Shanti Guru Industries' Altman Z-Score too high?
Shanti Guru Industries' current Altman Z-Score of 4.02 is 56% below median its 10-year median of 9.09. Over the past 10 years, this metric has ranged from a low of 2.92 to a high of 9.96. The Retail - Defensive industry median Altman Z-Score is 3.56. Shanti Guru Industries' value of 4.02 is 12.9% above this industry median. Based on the distribution chart, Shanti Guru Industries ranks #111 out of 309 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Shanti Guru Industries has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Guru Industries' Altman Z-Score compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Shanti Guru Industries ranks #111 out of 309 companies for Altman Z-Score. This puts Shanti Guru Industries in the upper half of its industry. The industry median Altman Z-Score is 3.56. Shanti Guru Industries' value of 4.02 is 12.9% above this benchmark. Historically, Shanti Guru Industries' own Altman Z-Score has ranged from 2.92 to 9.96 over the past decade. While the company's 10-year median is 9.09 vs. the industry median of 3.56, Shanti Guru Industries 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 Retail - Defensive company?
The median Altman Z-Score among Retail - Defensive companies is 3.56, based on 309 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. Shanti Guru Industries's current Altman Z-Score of 4.02 is 12.9% 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 Shanti Guru Industries and its competitors. For the Retail - Defensive industry, the median Altman Z-Score is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Guru Industries's current Altman Z-Score is 4.02, which is 56% below median its own 10-year median of 9.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Guru Industries stock overvalued right now?
Shanti Guru Industries (BOM:534708) has a current Altman Z-Score of 4.02. The current Altman Z-Score is 4.02, which is 56% below median its 10-year median of 9.09 and 12.9% above the Retail - Defensive industry median of 3.56. Shanti Guru Industries' overall GF Score™ is 37/100 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 Shanti Guru Industries (BOM:534708), the current Altman Z-Score is 4.02 as of Jul. 14, 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.
Shanti Guru Industries Ltd is engaged in the business of trading processed foods. The Company operates in retail trade and is currently engaged in the trading of food products, with its primary operating segment being the trading of all types of marketable goods. Its main objects include carrying on exclusive retail outlets of agro-based food products and fast-moving consumer goods (FMCG). In addition, the Company is in the process of establishing a manufacturing facility to produce food products, namely soya chunks and vermicelli.
37GF Score
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