Supha Pharmachem (BOM:539561) Altman Z-Score: 0.45 (As of Jul. 17, 2026) — 78% Below Median

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BOM:539561 Supha Pharmachem Ltd BOM:539561
54 GF Score
Price ₹0.31
GF Value ₹1.52
Valuation Possible Value Trap
! 12 Warning Signs
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What is Supha Pharmachem Altman Z-Score?

Supha Pharmachem BOM:539561 54 Altman Z-Score is 0.45 as of Jul. 17, 2026, which is 78% below its 10-year median of 2.00. GuruFocus rates BOM:539561 with a GF Score™ of 54/100 and a GF Value™ of ₹1.52 (Possible Value Trap). The stock has 12 warning signs investors should review. Among 953 Drug Manufacturers companies, Supha Pharmachem ranks worse than 83.95% 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 0.45 is in distress zone. This implies bankruptcy possibility in the next two years.

Supha Pharmachem has a Altman Z-Score of 0.45, 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 Supha Pharmachem's Altman Z-Score or its related term are showing as below:

BOM:539561' s Altman Z-Score Range Over the Past 10 Years
Min: 0.32   Med: 2   Max: 833.27
Current: 0.45

During the past 11 years, Supha Pharmachem's highest Altman Z-Score was 833.27. The lowest was 0.32. And the median was 2.00.


Supha Pharmachem  (BOM:539561) 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.


Supha Pharmachem Altman Z-Score Related Terms


Supha Pharmachem Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Supha Pharmachem'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.

Supha Pharmachem Altman Z-Score Chart

Supha Pharmachem Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.11 2.45 0.62 2.56 0.32

Supha Pharmachem Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.75 0.77 0.32 0.35 0.49

BOM:539561 vs ZTS, UTHR: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Supha Pharmachem'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.


Supha Pharmachem Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Supha Pharmachem's Altman Z-Score distribution charts can be found below:

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


BOM:539561
54GF Score
Supha Pharmachem Ltd BOM:539561
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Supha Pharmachem 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.

Supha Pharmachem'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*0.0612+1.4*0+3.3*0.0128+0.6*0.018+1.0*0.3246
=0.45

* 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 Sep. 2025:
Total Assets was ₹16,232 Mil.
Total Current Assets was ₹16,173 Mil.
Total Current Liabilities was ₹15,180 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 104.369 + 57.123 + -14.003 + 10.591 = ₹158 Mil.
Interest Expense was -1.872 + 0 + -39.224 + -8.836 = ₹-50 Mil.
Revenue was 1110.582 + 1133.667 + 2643.226 + 381.508 = ₹5,269 Mil.
Market Cap (Today) was ₹273 Mil.
Total Liabilities was ₹15,180 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
=(16173.13 - 15179.823)/16231.81
=0.0612

X2=Retained Earnings/Total Assets
=0/16231.81
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(158.08 - -49.932)/16231.81
=0.0128

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=273.417/15179.824
=0.018

X5=Revenue/Total Assets
=5268.983/16231.81
=0.3246

The zones of discrimination were as such:

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

Supha Pharmachem has a Altman Z-Score of 0.45 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 0.45 mean?
Supha Pharmachem (BOM:539561) has a Altman Z-Score of 0.45 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Supha Pharmachem and its competitors. This is 78% below median its historical median of 2.00. Over the past decade, Supha Pharmachem's Altman Z-Score has ranged from 0.32 to 833.27. According to the industry distribution chart, Supha Pharmachem ranks #800 out of 953 companies in the Drug Manufacturers industry, placing it in the top 83.9%.
Is Supha Pharmachem's Altman Z-Score too high?
Supha Pharmachem's current Altman Z-Score of 0.45 is 78% below median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 833.27. The Drug Manufacturers industry median Altman Z-Score is 3.25. Supha Pharmachem's value of 0.45 is 86.2% below this industry median. Based on the distribution chart, Supha Pharmachem ranks #800 out of 953 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Supha Pharmachem has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Supha Pharmachem's Altman Z-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Supha Pharmachem ranks #800 out of 953 companies for Altman Z-Score. This places Supha Pharmachem in the lower half of its industry. The industry median Altman Z-Score is 3.25. Supha Pharmachem's value of 0.45 is 86.2% below this benchmark. Historically, Supha Pharmachem's own Altman Z-Score has ranged from 0.32 to 833.27 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 3.25, Supha Pharmachem 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.25, based on 953 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. Supha Pharmachem's current Altman Z-Score of 0.45 is 86.2% 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 Supha Pharmachem and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Supha Pharmachem's current Altman Z-Score is 0.45, which is 78% below median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supha Pharmachem stock overvalued right now?
Based on GuruFocus' analysis, Supha Pharmachem (BOM:539561) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1.52, compared to a current price of ₹0.31 — trading 79.6% below its estimated fair value. The current Altman Z-Score is 0.45, which is 78% below median its 10-year median of 2.00 and 86.2% below the Drug Manufacturers industry median of 3.25. Supha Pharmachem's overall GF Score™ is 54/100 with 12 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 Supha Pharmachem (BOM:539561), the current Altman Z-Score is 0.45 as of Jul. 17, 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 Supha Pharmachem (BOM:539561) Overvalued in 2026?

Based on GuruFocus' analysis, Supha Pharmachem stock appears to be undervalued. The current stock price of ₹0.31 is trading 79.6% below its estimated GF Value™ of ₹1.52. GuruFocus considers Supha Pharmachem to be Possible Value Trap.

Key valuation signals for BOM:539561:

  • Altman Z-Score: 0.45 (78% below median its 10-year median of 2.00)
  • GF Value™: ₹1.52 vs. price of ₹0.31 (79.6% below fair value)
  • GF Score™: 54/100 with 12 warning signs
  • Industry Position: 86.2% below the Drug Manufacturers median (#800 of 953)

No single metric tells the full story. See the BOM:539561 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Supha Pharmachem Business Description

Address Saugbaug Road, Office No. 9, Behind Ravi Vihar Hotel, K Raheja Prime, Marol Industrial Estate, Andheri (East), Mumbai, MH, IND, 400059
Supha Pharmachem Ltd, formerly known as Remedium Lifecare Ltd, is engaged in the business of trading in API Intermediates (KSMs & CRMs) and various other raw materials used in API trading viz. Iso propyl Alcohol (IPA), Cyclohexane, DI Iso Propyl Amine (DIPA), Ethyl Acetate, Hydrazine Hydrate, Iso propyl Alcohol (IPA), Methylene Di Chloride, Potassium Carbonate Powder, Sodium Bi-Carbonate, Potassium Hydroxide Flakes, Sodium Chloride (Common Salt), Sodium Carbonate (SODA ASH), Amino isophthalic Acid, Tellurium(IV) Oxide, Grignard Reagent, Iodine, Selenium Metal Powder, Trimethyl Sulfoxonium Iodide (TMSI).
54GF Score

Get the complete analysis for BOM:539561

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

₹0.31
Price
₹1.52
GF Value