Kanchi Karpooram (BOM:538896) Altman Z-Score: 13.20 (As of Sep. 06, 2026) — Near Median

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BOM:538896 Kanchi Karpooram Ltd BOM:538896
72 GF Score
Price ₹409.60
GF Value ₹402.24
Valuation Fairly Valued
! 8 Warning Signs
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What is Kanchi Karpooram Altman Z-Score?

Kanchi Karpooram BOM:538896 +2.25% 72 Altman Z-Score is 13.20 as of Sep. 06, 2026, which is 7% below its 10-year median of 14.13. GuruFocus rates BOM:538896 with a GF Score™ of 72/100 and a GF Value™ of ₹402.24 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,577 Chemicals companies, Kanchi Karpooram ranks better than 91.57% 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 13.2 is strong.

Kanchi Karpooram has a Altman Z-Score of 13.20, 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 Kanchi Karpooram's Altman Z-Score or its related term are showing as below:

BOM:538896' s Altman Z-Score Range Over the Past 10 Years
Min: 2.68   Med: 14.13   Max: 23.84
Current: 13.2

During the past 13 years, Kanchi Karpooram's highest Altman Z-Score was 23.84. The lowest was 2.68. And the median was 14.13.


Kanchi Karpooram  (BOM:538896) 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.


Kanchi Karpooram Altman Z-Score Related Terms


Kanchi Karpooram Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kanchi Karpooram'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.

Kanchi Karpooram Altman Z-Score Chart

Kanchi Karpooram 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 23.84 17.71 14.13 15.01 10.67

Kanchi Karpooram Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.89 5.81 5.43 10.67 0.00

BOM:538896 vs LIN, SHW, ECL: Altman Z-Score Comparison

For the Specialty Chemicals subindustry, Kanchi Karpooram'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.


Kanchi Karpooram Altman Z-Score vs Chemicals Industry

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

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


BOM:538896
72GF Score
Kanchi Karpooram Ltd BOM:538896
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanchi Karpooram 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.

Kanchi Karpooram'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*0.4888+1.4*0.8912+3.3*0.0527+0.6*17.4991+1.0*0.6889
=13.20

* 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 Jun. 2026:
Total Assets was ₹2,244 Mil.
Total Current Assets was ₹1,172 Mil.
Total Current Liabilities was ₹75 Mil.
Retained Earnings was ₹2,000 Mil.
Pre-Tax Income was 62.758 + 10.886 + 5.051 + 25.555 = ₹104 Mil.
Interest Expense was -1.397 + -1.952 + -4.005 + -6.761 = ₹-14 Mil.
Revenue was 417.441 + 401.755 + 339.162 + 387.732 = ₹1,546 Mil.
Market Cap (Today) was ₹1,779 Mil.
Total Liabilities was ₹102 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
=(1171.724 - 74.751)/2244.229
=0.4888

X2=Retained Earnings/Total Assets
=2000.131/2244.229
=0.8912

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(104.25 - -14.115)/2244.229
=0.0527

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1779.258/101.677
=17.4991

X5=Revenue/Total Assets
=1546.09/2244.229
=0.6889

The zones of discrimination were as such:

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

Kanchi Karpooram has a Altman Z-Score of 13.20 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 13.20 mean?
Kanchi Karpooram (BOM:538896) has a Altman Z-Score of 13.20 as of Sep. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kanchi Karpooram and its competitors. This is near median its historical median of 14.13. Over the past decade, Kanchi Karpooram's Altman Z-Score has ranged from 2.68 to 23.84. According to the industry distribution chart, Kanchi Karpooram ranks #133 out of 1577 companies in the Chemicals industry, placing it in the top 8.4%.
Is Kanchi Karpooram's Altman Z-Score too high?
Kanchi Karpooram's current Altman Z-Score of 13.20 is near median its 10-year median of 14.13. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 23.84. The Chemicals industry median Altman Z-Score is 3.14. Kanchi Karpooram's value of 13.20 is 320.4% above this industry median. Based on the distribution chart, Kanchi Karpooram ranks #133 out of 1577 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Kanchi Karpooram has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kanchi Karpooram's Altman Z-Score compare to LIN and SHW?
According to the Chemicals industry distribution chart, Kanchi Karpooram ranks #133 out of 1577 companies for Altman Z-Score. This places Kanchi Karpooram in the top 8% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.14. Kanchi Karpooram's value of 13.20 is 320.4% above this benchmark. Historically, Kanchi Karpooram's own Altman Z-Score has ranged from 2.68 to 23.84 over the past decade. While the company's 10-year median is 14.13 vs. the industry median of 3.14, Kanchi Karpooram 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 3.14, based on 1,577 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. Kanchi Karpooram's current Altman Z-Score of 13.20 is 320.4% 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 Kanchi Karpooram and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanchi Karpooram's current Altman Z-Score is 13.20, which is near median its own 10-year median of 14.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanchi Karpooram stock overvalued right now?
Based on GuruFocus' analysis, Kanchi Karpooram (BOM:538896) is currently considered Fairly Valued. The stock's GF Value™ is ₹402.24, compared to a current price of ₹409.60 — trading 1.8% above its estimated fair value. The current Altman Z-Score is 13.20, which is near median its 10-year median of 14.13 and 320.4% above the Chemicals industry median of 3.14. Kanchi Karpooram's overall GF Score™ is 72/100 with 8 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 Kanchi Karpooram (BOM:538896), the current Altman Z-Score is 13.20 as of Sep. 06, 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 Kanchi Karpooram (BOM:538896) Overvalued in 2026?

Based on GuruFocus' analysis, Kanchi Karpooram stock appears to be overvalued. The current stock price of ₹409.60 is trading 1.8% above its estimated GF Value™ of ₹402.24. GuruFocus considers Kanchi Karpooram to be Fairly Valued.

Key valuation signals for BOM:538896:

  • Altman Z-Score: 13.20 (near median its 10-year median of 14.13)
  • GF Value™: ₹402.24 vs. price of ₹409.60 (1.8% above fair value)
  • GF Score™: 72/100 with 8 warning signs
  • Industry Position: 320.4% above the Chemicals median (#133 of 1577)

No single metric tells the full story. See the BOM:538896 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanchi Karpooram Business Description

Other Exchanges KANCHI:India
Address Barnaby Road, No.1, Barnaby Avenue, Kilpauk, Chennai, TN, IND, 600010
Kanchi Karpooram Ltd is engaged in manufacturing Camphor, its derivatives, Gum rosin, Value Added Resins, and Fortified Rosin. Some of the products offered by the company include Camphene, Dipentene, Sodium Acetate Trihydrate Pine Pitch, Double distilled turpentine, and Isobornyl Acetate. The company is engaged in the activity of a single segment that is the manufacture and sale of Camphor and allied products.
72GF Score

Get the complete analysis for BOM:538896

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

₹409.60
Price
₹402.24
GF Value