Wardwizard Innovations & Mobility (BOM:538970) Altman Z-Score: 1.57 (As of Jul. 24, 2026) — 84% Below Median

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BOM:538970 Wardwizard Innovations & Mobility Ltd BOM:538970
56 GF Score
Price ₹6.66
GF Value ₹25.34
Valuation Possible Value Trap
! 9 Warning Signs
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What is Wardwizard Innovations & Mobility Altman Z-Score?

Wardwizard Innovations & Mobility BOM:538970 56 Altman Z-Score is 1.57 as of Jul. 24, 2026, which is 84% below its 10-year median of 9.63. GuruFocus rates BOM:538970 with a GF Score™ of 56/100 and a GF Value™ of ₹25.34 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Wardwizard Innovations & Mobility ranks worse than 74.11% 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.

Warning Sign:

Altman Z-score of 1.6 is in distress zone. This implies bankruptcy possibility in the next two years.

Wardwizard Innovations & Mobility has a Altman Z-Score of 1.57, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Wardwizard Innovations & Mobility's Altman Z-Score or its related term are showing as below:

BOM:538970' s Altman Z-Score Range Over the Past 10 Years
Min: -0.16   Med: 9.63   Max: 645.53
Current: 1.6

During the past 13 years, Wardwizard Innovations & Mobility's highest Altman Z-Score was 645.53. The lowest was -0.16. And the median was 9.63.


Wardwizard Innovations & Mobility  (BOM:538970) 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.


Wardwizard Innovations & Mobility Altman Z-Score Related Terms


Wardwizard Innovations & Mobility Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Wardwizard Innovations & Mobility'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.

Wardwizard Innovations & Mobility Altman Z-Score Chart

Wardwizard Innovations & Mobility 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 11.77 7.49 6.54 2.10 1.46

Wardwizard Innovations & Mobility 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 2.10 1.88 2.03 1.64 1.46

BOM:538970 vs TSLA, GM, F: Altman Z-Score Comparison

For the Auto Manufacturers subindustry, Wardwizard Innovations & Mobility'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.


Wardwizard Innovations & Mobility Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wardwizard Innovations & Mobility's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Wardwizard Innovations & Mobility's Altman Z-Score falls into.


BOM:538970
56GF Score
Wardwizard Innovations & Mobility Ltd BOM:538970
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Wardwizard Innovations & Mobility 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.

Wardwizard Innovations & Mobility'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*0.222+1.4*0+3.3*0.0546+0.6*0.8288+1.0*0.6297
=1.57

* 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 ₹3,921 Mil.
Total Current Assets was ₹3,240 Mil.
Total Current Liabilities was ₹2,369 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 12.056 + 0.275 + 0.642 + 14.741 = ₹28 Mil.
Interest Expense was -50.161 + -34.627 + -45.085 + -56.557 = ₹-186 Mil.
Revenue was 1184.871 + 627.196 + 334.253 + 322.704 = ₹2,469 Mil.
Market Cap (Today) was ₹2,003 Mil.
Total Liabilities was ₹2,417 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
=(3239.648 - 2369.116)/3920.778
=0.222

X2=Retained Earnings/Total Assets
=0/3920.778
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(27.714 - -186.43)/3920.778
=0.0546

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2003.444/2417.387
=0.8288

X5=Revenue/Total Assets
=2469.024/3920.778
=0.6297

The zones of discrimination were as such:

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

Wardwizard Innovations & Mobility has a Altman Z-Score of 1.57 indicating it is in Distress 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 1.57 mean?
Wardwizard Innovations & Mobility (BOM:538970) has a Altman Z-Score of 1.57 as of Jul. 24, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Wardwizard Innovations & Mobility and its competitors. This is 84% below median its historical median of 9.63. According to the industry distribution chart, Wardwizard Innovations & Mobility ranks #973 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 74.1%.
Is Wardwizard Innovations & Mobility's Altman Z-Score too high?
Wardwizard Innovations & Mobility's current Altman Z-Score of 1.57 is 84% below median its 10-year median of 9.63. The Vehicles & Parts industry median Altman Z-Score is 2.53. Wardwizard Innovations & Mobility's value of 1.57 is 37.9% below this industry median. Based on the distribution chart, Wardwizard Innovations & Mobility ranks #973 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Wardwizard Innovations & Mobility has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Wardwizard Innovations & Mobility's Altman Z-Score compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Wardwizard Innovations & Mobility ranks #973 out of 1313 companies for Altman Z-Score. This places Wardwizard Innovations & Mobility in the lower half of its industry. The industry median Altman Z-Score is 2.53. Wardwizard Innovations & Mobility's value of 1.57 is 37.9% below this benchmark. While the company's 10-year median is 9.63 vs. the industry median of 2.53, Wardwizard Innovations & Mobility has consistently been below 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.53, based on 1,313 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. Wardwizard Innovations & Mobility's current Altman Z-Score of 1.57 is 37.9% below 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 Wardwizard Innovations & Mobility and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wardwizard Innovations & Mobility's current Altman Z-Score is 1.57, which is 84% below median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wardwizard Innovations & Mobility stock overvalued right now?
Based on GuruFocus' analysis, Wardwizard Innovations & Mobility (BOM:538970) is currently considered Possible Value Trap. The stock's GF Value™ is ₹25.34, compared to a current price of ₹6.66 — trading 73.7% below its estimated fair value. The current Altman Z-Score is 1.57, which is 84% below median its 10-year median of 9.63 and 37.9% below the Vehicles & Parts industry median of 2.53. Wardwizard Innovations & Mobility's overall GF Score™ is 56/100 with 9 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 Wardwizard Innovations & Mobility (BOM:538970), the current Altman Z-Score is 1.57 as of Jul. 24, 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 Wardwizard Innovations & Mobility (BOM:538970) Overvalued in 2026?

Based on GuruFocus' analysis, Wardwizard Innovations & Mobility stock appears to be undervalued. The current stock price of ₹6.66 is trading 73.7% below its estimated GF Value™ of ₹25.34. GuruFocus considers Wardwizard Innovations & Mobility to be Possible Value Trap.

Key valuation signals for BOM:538970:

  • Altman Z-Score: 1.57 (84% below median its 10-year median of 9.63)
  • GF Value™: ₹25.34 vs. price of ₹6.66 (73.7% below fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 37.9% below the Vehicles & Parts median (#973 of 1313)

No single metric tells the full story. See the BOM:538970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wardwizard Innovations & Mobility Business Description

Address Survey 26/2, Ajwa Road, Opposite Pooja Farm Sayajipura, Vadodara, GJ, IND, 390019
Wardwizard Innovations & Mobility Ltd is involved in manufacturing and selling electrical vehicles, spare parts, and related services. The company's operating segments include the sale of electric vehicles, components, and related services, Vyom Innovation, sale of services, and others. The majority of its revenue comes from the sale of electric vehicles, components, and related services. The company's geographical segments include domestic and overseas. The overseas segment includes Uganda and Nepal.
56GF Score

Get the complete analysis for BOM:538970

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

₹6.66
Price
₹25.34
GF Value