Raghav Productivity Enhancers (BOM:539837) Altman Z-Score: 91.00 (As of Aug. 09, 2026) — 406% Above Median

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BOM:539837 Raghav Productivity Enhancers Ltd BOM:539837
83 GF Score
Price ₹1,251.70
GF Value ₹940.45
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Raghav Productivity Enhancers Altman Z-Score?

Raghav Productivity Enhancers BOM:539837 -1.41% 83 Altman Z-Score is 91.00 as of Aug. 09, 2026, which is 406% above its 10-year median of 17.97. GuruFocus rates BOM:539837 with a GF Score™ of 83/100 and a GF Value™ of ₹940.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,567 Chemicals companies, Raghav Productivity Enhancers ranks better than 99.62% 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 91 is strong.

Raghav Productivity Enhancers has a Altman Z-Score of 91.00, 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 Raghav Productivity Enhancers's Altman Z-Score or its related term are showing as below:

BOM:539837' s Altman Z-Score Range Over the Past 10 Years
Min: 3.08   Med: 17.97   Max: 91
Current: 91

During the past 13 years, Raghav Productivity Enhancers's highest Altman Z-Score was 91.00. The lowest was 3.08. And the median was 17.97.


Raghav Productivity Enhancers  (BOM:539837) 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.


Raghav Productivity Enhancers Altman Z-Score Related Terms


Raghav Productivity Enhancers Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Raghav Productivity Enhancers'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.

Raghav Productivity Enhancers Altman Z-Score Chart

Raghav Productivity Enhancers 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 17.20 23.11 31.67 41.45 42.85

Raghav Productivity Enhancers 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 54.17 44.51 64.87 42.85 0.00

BOM:539837 vs DOW: Altman Z-Score Comparison

For the Chemicals subindustry, Raghav Productivity Enhancers'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.


Raghav Productivity Enhancers Altman Z-Score vs Chemicals Industry

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

* The bar in red indicates where Raghav Productivity Enhancers's Altman Z-Score falls into.


BOM:539837
83GF Score
Raghav Productivity Enhancers Ltd BOM:539837
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raghav Productivity Enhancers 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.

Raghav Productivity Enhancers'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*0.4909+1.4*0.6612+3.3*0.2826+0.6*145.9148+1.0*1.0058
=91.00

* 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 ₹2,839 Mil.
Total Current Assets was ₹1,694 Mil.
Total Current Liabilities was ₹301 Mil.
Retained Earnings was ₹1,877 Mil.
Pre-Tax Income was 247.433 + 194.041 + 180.533 + 173.517 = ₹796 Mil.
Interest Expense was -1.612 + -1.606 + -1.69 + -1.943 = ₹-7 Mil.
Revenue was 869.131 + 705.574 + 644.874 + 635.864 = ₹2,855 Mil.
Market Cap (Today) was ₹57,481 Mil.
Total Liabilities was ₹394 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
=(1694.344 - 300.539)/2839.097
=0.4909

X2=Retained Earnings/Total Assets
=1877.149/2839.097
=0.6612

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(795.524 - -6.851)/2839.097
=0.2826

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=57480.505/393.932
=145.9148

X5=Revenue/Total Assets
=2855.443/2839.097
=1.0058

The zones of discrimination were as such:

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

Raghav Productivity Enhancers has a Altman Z-Score of 91.00 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 91.00 mean?
Raghav Productivity Enhancers (BOM:539837) has a Altman Z-Score of 91.00 as of Aug. 09, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Raghav Productivity Enhancers and its competitors. This is 406% above median its historical median of 17.97. Over the past decade, Raghav Productivity Enhancers' Altman Z-Score has ranged from 3.08 to 91.00. According to the industry distribution chart, Raghav Productivity Enhancers ranks #6 out of 1567 companies in the Chemicals industry, placing it in the top 0.40000000000001%.
Is Raghav Productivity Enhancers' Altman Z-Score too high?
Raghav Productivity Enhancers' current Altman Z-Score of 91.00 is 406% above median its 10-year median of 17.97. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 91.00. The Chemicals industry median Altman Z-Score is 3.11. Raghav Productivity Enhancers' value of 91.00 is 2826% above this industry median. Based on the distribution chart, Raghav Productivity Enhancers ranks #6 out of 1567 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Raghav Productivity Enhancers has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raghav Productivity Enhancers' Altman Z-Score compare to DOW?
According to the Chemicals industry distribution chart, Raghav Productivity Enhancers ranks #6 out of 1567 companies for Altman Z-Score. This places Raghav Productivity Enhancers in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.11. Raghav Productivity Enhancers' value of 91.00 is 2826% above this benchmark. Historically, Raghav Productivity Enhancers' own Altman Z-Score has ranged from 3.08 to 91.00 over the past decade. While the company's 10-year median is 17.97 vs. the industry median of 3.11, Raghav Productivity Enhancers 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 3.11, based on 1,567 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. Raghav Productivity Enhancers's current Altman Z-Score of 91.00 is 2826% 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 Raghav Productivity Enhancers and its competitors. For the Chemicals industry, the median Altman Z-Score is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raghav Productivity Enhancers's current Altman Z-Score is 91.00, which is 406% above median its own 10-year median of 17.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raghav Productivity Enhancers stock overvalued right now?
Based on GuruFocus' analysis, Raghav Productivity Enhancers (BOM:539837) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹940.45, compared to a current price of ₹1,251.70 — trading 33.1% above its estimated fair value. The current Altman Z-Score is 91.00, which is 406% above median its 10-year median of 17.97 and 2826% above the Chemicals industry median of 3.11. Raghav Productivity Enhancers' overall GF Score™ is 83/100 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 Raghav Productivity Enhancers (BOM:539837), the current Altman Z-Score is 91.00 as of Aug. 09, 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 Raghav Productivity Enhancers (BOM:539837) Overvalued in 2026?

Based on GuruFocus' analysis, Raghav Productivity Enhancers stock appears to be overvalued. The current stock price of ₹1,251.70 is trading 33.1% above its estimated GF Value™ of ₹940.45. GuruFocus considers Raghav Productivity Enhancers to be Significantly Overvalued.

Key valuation signals for BOM:539837:

  • Altman Z-Score: 91.00 (406% above median its 10-year median of 17.97)
  • GF Value™: ₹940.45 vs. price of ₹1,251.70 (33.1% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 2826% above the Chemicals median (#6 of 1567)

No single metric tells the full story. See the BOM:539837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raghav Productivity Enhancers Business Description

Other Exchanges RPEL:India
Address Vidhyadhar Nagar, Office No. 36, 4th Floor, Alankar Plaza A-10, Central Spine, Jaipur, RJ, IND, 302023
Raghav Productivity Enhancers Ltd is engaged in the manufacturing and trading of ramming mass and other quartz-related items and is a manufacturer of silica ramming mass. Its products are essential components used to create linings for furnaces, kilns, incinerators, and reactors. It operates in the refractory materials segment, where its primary product, silica ramming mass, is used as a furnace lining material and is typically consumed during the metal melting process. The company considers Ramming Mass as the single segment in which it operates. It mainly caters to industrial customers engaged in metal melting and casting operations, including steel manufacturers, foundries and casting units, metal processing and recycling units, and export clients in domestic and international markets.
83GF Score

Get the complete analysis for BOM:539837

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

₹1,251.70
Price
₹940.45
GF Value