Fredun Pharmaceuticals (BOM:539730) Altman Z-Score: 4.37 (As of Jul. 11, 2026) — 66% Above Median


BOM:539730 Fredun Pharmaceuticals Ltd BOM:539730
72 GF Score
Price ₹2,583.35
GF Value ₹1,588.72
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Fredun Pharmaceuticals Altman Z-Score?

Fredun Pharmaceuticals BOM:539730 -1.96% 72 Altman Z-Score is 4.37 as of Jul. 11, 2026, which is 66% above its 10-year median of 2.64. GuruFocus rates BOM:539730 with a GF Score™ of 72/100 and a GF Value™ of ₹1,588.72 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 952 Drug Manufacturers companies, Fredun Pharmaceuticals ranks better than 62.29% 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 4.37 is strong.

Fredun Pharmaceuticals has a Altman Z-Score of 4.37, 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 Fredun Pharmaceuticals's Altman Z-Score or its related term are showing as below:

BOM:539730' s Altman Z-Score Range Over the Past 10 Years
Min: 1.39   Med: 2.64   Max: 4.37
Current: 4.37

During the past 13 years, Fredun Pharmaceuticals's highest Altman Z-Score was 4.37. The lowest was 1.39. And the median was 2.64.


Fredun Pharmaceuticals  (BOM:539730) 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.


Fredun Pharmaceuticals Altman Z-Score Related Terms


Fredun Pharmaceuticals Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Fredun Pharmaceuticals'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.

Fredun Pharmaceuticals Altman Z-Score Chart

Fredun Pharmaceuticals 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 4.10 3.21 3.13 2.24 3.54

Fredun Pharmaceuticals 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 2.24 2.48 3.28 3.75 3.54

BOM:539730 vs ZTS, UTHR: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Fredun Pharmaceuticals'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.


Fredun Pharmaceuticals Altman Z-Score vs Drug Manufacturers Industry

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

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


BOM:539730
72GF Score
Fredun Pharmaceuticals Ltd BOM:539730
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Fredun Pharmaceuticals 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.

Fredun Pharmaceuticals'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*0.3135+1.4*0.1484+3.3*0.1344+0.6*3.9222+1.0*0.9864
=4.37

* 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 ₹6,421 Mil.
Total Current Assets was ₹4,982 Mil.
Total Current Liabilities was ₹2,969 Mil.
Retained Earnings was ₹953 Mil.
Pre-Tax Income was 112.481 + 140.024 + 127.053 + 90.404 = ₹470 Mil.
Interest Expense was -144.851 + -105.495 + -77.313 + -65.317 = ₹-393 Mil.
Revenue was 2104.12 + 1599.263 + 1435.853 + 1194.029 = ₹6,333 Mil.
Market Cap (Today) was ₹14,138 Mil.
Total Liabilities was ₹3,605 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
=(4981.716 - 2968.61)/6420.823
=0.3135

X2=Retained Earnings/Total Assets
=952.946/6420.823
=0.1484

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(469.962 - -392.976)/6420.823
=0.1344

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=14137.874/3604.61
=3.9222

X5=Revenue/Total Assets
=6333.265/6420.823
=0.9864

The zones of discrimination were as such:

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

Fredun Pharmaceuticals has a Altman Z-Score of 4.37 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 4.37 mean?
Fredun Pharmaceuticals (BOM:539730) has a Altman Z-Score of 4.37 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Fredun Pharmaceuticals and its competitors. This is 66% above median its historical median of 2.64. Over the past decade, Fredun Pharmaceuticals' Altman Z-Score has ranged from 1.39 to 4.37. According to the industry distribution chart, Fredun Pharmaceuticals ranks #359 out of 952 companies in the Drug Manufacturers industry, placing it in the top 37.7%.
Is Fredun Pharmaceuticals' Altman Z-Score too high?
Fredun Pharmaceuticals' current Altman Z-Score of 4.37 is 66% above median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 4.37. The Drug Manufacturers industry median Altman Z-Score is 3.27. Fredun Pharmaceuticals' value of 4.37 is 33.6% above this industry median. Based on the distribution chart, Fredun Pharmaceuticals ranks #359 out of 952 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Fredun Pharmaceuticals has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fredun Pharmaceuticals' Altman Z-Score compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Fredun Pharmaceuticals ranks #359 out of 952 companies for Altman Z-Score. This puts Fredun Pharmaceuticals in the upper half of its industry. The industry median Altman Z-Score is 3.27. Fredun Pharmaceuticals' value of 4.37 is 33.6% above this benchmark. Historically, Fredun Pharmaceuticals' own Altman Z-Score has ranged from 1.39 to 4.37 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 3.27, Fredun Pharmaceuticals 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.27, based on 952 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. Fredun Pharmaceuticals's current Altman Z-Score of 4.37 is 33.6% 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 Fredun Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fredun Pharmaceuticals's current Altman Z-Score is 4.37, which is 66% above median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fredun Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Fredun Pharmaceuticals (BOM:539730) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,588.72, compared to a current price of ₹2,583.35 — trading 62.6% above its estimated fair value. The current Altman Z-Score is 4.37, which is 66% above median its 10-year median of 2.64 and 33.6% above the Drug Manufacturers industry median of 3.27. Fredun Pharmaceuticals' overall GF Score™ is 72/100 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 Fredun Pharmaceuticals (BOM:539730), the current Altman Z-Score is 4.37 as of Jul. 11, 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 Fredun Pharmaceuticals (BOM:539730) Overvalued in 2026?

Based on GuruFocus' analysis, Fredun Pharmaceuticals stock appears to be overvalued. The current stock price of ₹2,583.35 is trading 62.6% above its estimated GF Value™ of ₹1,588.72. GuruFocus considers Fredun Pharmaceuticals to be Significantly Overvalued.

Key valuation signals for BOM:539730:

  • Altman Z-Score: 4.37 (66% above median its 10-year median of 2.64)
  • GF Value™: ₹1,588.72 vs. price of ₹2,583.35 (62.6% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 33.6% above the Drug Manufacturers median (#359 of 952)

No single metric tells the full story. See the BOM:539730 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fredun Pharmaceuticals Business Description

Address Ganpatrao Kadam Marg, Delisle Road, 11th Floor, Urmi Estate 95, Lower Parel (West), Mumbai, MH, IND, 400013
Fredun Pharmaceuticals Ltd in its Endeavour to move ahead has now ventured into manufacturing of dietary /herbal supplements, nutraceuticals, and other healthcare products along with Animal Healthcare products also with products ranging from allopathic formulations to on field diagnostic kits, Company's main objective is to be a holistic healthcare provider. The group is dedicated to improving lives of people. The Company operates only in a single segment i.e. Pharmaceutical Segment. The company has presence in Domestic as well as International market. The company generates majority of revenue from Domestic market.
72GF Score

Get the complete analysis for BOM:539730

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

₹2,583.35
Price
₹1,588.72
GF Value