Crompton Greaves Consumer Electricals (BOM:539876) Altman Z-Score: 5.84 (As of Jul. 16, 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:539876 Crompton Greaves Consumer Electricals Ltd BOM:539876
86 GF Score
Price ₹259.45
GF Value ₹358.22
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Crompton Greaves Consumer Electricals Altman Z-Score?

Crompton Greaves Consumer Electricals BOM:539876 -0.57% 86 Altman Z-Score is 5.84 as of Jul. 16, 2026, which is 27% below its 10-year median of 8.01. GuruFocus rates BOM:539876 with a GF Score™ of 86/100 and a GF Value™ of ₹358.22 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Crompton Greaves Consumer Electricals ranks better than 83.88% 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 5.86 is strong.

Crompton Greaves Consumer Electricals has a Altman Z-Score of 5.84, 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 Crompton Greaves Consumer Electricals's Altman Z-Score or its related term are showing as below:

BOM:539876' s Altman Z-Score Range Over the Past 10 Years
Min: 5.31   Med: 8.01   Max: 11.96
Current: 5.86

During the past 12 years, Crompton Greaves Consumer Electricals's highest Altman Z-Score was 11.96. The lowest was 5.31. And the median was 8.01.


Crompton Greaves Consumer Electricals  (BOM:539876) 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.


Crompton Greaves Consumer Electricals Altman Z-Score Related Terms


Crompton Greaves Consumer Electricals Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Crompton Greaves Consumer Electricals'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.

Crompton Greaves Consumer Electricals Altman Z-Score Chart

Crompton Greaves Consumer Electricals 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 6.09 6.67 6.16 7.89 5.31

Crompton Greaves Consumer Electricals 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 7.89 7.89 7.08 6.37 5.31

BOM:539876 vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Crompton Greaves Consumer Electricals'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.


Crompton Greaves Consumer Electricals Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Crompton Greaves Consumer Electricals's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Crompton Greaves Consumer Electricals's Altman Z-Score falls into.


BOM:539876
86GF Score
Crompton Greaves Consumer Electricals Ltd BOM:539876
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Crompton Greaves Consumer Electricals 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.

Crompton Greaves Consumer Electricals'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*0.1628+1.4*0.3897+3.3*-0.0076+0.6*6.3141+1.0*1.3309
=5.84

* 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 ₹60,826 Mil.
Total Current Assets was ₹33,177 Mil.
Total Current Liabilities was ₹23,273 Mil.
Retained Earnings was ₹23,703 Mil.
Pre-Tax Income was -4836 + 1360.2 + 1022 + 1660.9 = ₹-793 Mil.
Interest Expense was -94 + -83.9 + -51.6 + -98.2 = ₹-328 Mil.
Revenue was 22832.7 + 18983 + 19155.7 + 19983.4 = ₹80,955 Mil.
Market Cap (Today) was ₹167,128 Mil.
Total Liabilities was ₹26,469 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
=(33177.2 - 23273)/60825.5
=0.1628

X2=Retained Earnings/Total Assets
=23702.7/60825.5
=0.3897

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-792.9 - -327.7)/60825.5
=-0.0076

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=167128.106/26468.9
=6.3141

X5=Revenue/Total Assets
=80954.8/60825.5
=1.3309

The zones of discrimination were as such:

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

Crompton Greaves Consumer Electricals has a Altman Z-Score of 5.84 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 5.84 mean?
Crompton Greaves Consumer Electricals (BOM:539876) has a Altman Z-Score of 5.84 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Crompton Greaves Consumer Electricals and its competitors. This is 27% below median its historical median of 8.01. Over the past decade, Crompton Greaves Consumer Electricals' Altman Z-Score has ranged from 5.31 to 11.96. According to the industry distribution chart, Crompton Greaves Consumer Electricals ranks #69 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 16.1%.
Is Crompton Greaves Consumer Electricals' Altman Z-Score too high?
Crompton Greaves Consumer Electricals' current Altman Z-Score of 5.84 is 27% below median its 10-year median of 8.01. Over the past 10 years, this metric has ranged from a low of 5.31 to a high of 11.96. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.80. Crompton Greaves Consumer Electricals' value of 5.84 is 108.9% above this industry median. Based on the distribution chart, Crompton Greaves Consumer Electricals ranks #69 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Crompton Greaves Consumer Electricals has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Crompton Greaves Consumer Electricals' Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Crompton Greaves Consumer Electricals ranks #69 out of 428 companies for Altman Z-Score. This places Crompton Greaves Consumer Electricals in the top 16% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.80. Crompton Greaves Consumer Electricals' value of 5.84 is 108.9% above this benchmark. Historically, Crompton Greaves Consumer Electricals' own Altman Z-Score has ranged from 5.31 to 11.96 over the past decade. While the company's 10-year median is 8.01 vs. the industry median of 2.80, Crompton Greaves Consumer Electricals 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.80, based on 428 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. Crompton Greaves Consumer Electricals's current Altman Z-Score of 5.84 is 108.9% 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 Crompton Greaves Consumer Electricals and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crompton Greaves Consumer Electricals's current Altman Z-Score is 5.84, which is 27% below median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crompton Greaves Consumer Electricals stock overvalued right now?
Based on GuruFocus' analysis, Crompton Greaves Consumer Electricals (BOM:539876) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹358.22, compared to a current price of ₹259.45 — trading 27.6% below its estimated fair value. The current Altman Z-Score is 5.84, which is 27% below median its 10-year median of 8.01 and 108.9% above the Furnishings, Fixtures & Appliances industry median of 2.80. Crompton Greaves Consumer Electricals' overall GF Score™ is 86/100 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 Crompton Greaves Consumer Electricals (BOM:539876), the current Altman Z-Score is 5.84 as of Jul. 16, 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 Crompton Greaves Consumer Electricals (BOM:539876) Overvalued in 2026?

Based on GuruFocus' analysis, Crompton Greaves Consumer Electricals stock appears to be undervalued. The current stock price of ₹259.45 is trading 27.6% below its estimated GF Value™ of ₹358.22. GuruFocus considers Crompton Greaves Consumer Electricals to be Modestly Undervalued.

Key valuation signals for BOM:539876:

  • Altman Z-Score: 5.84 (27% below median its 10-year median of 8.01)
  • GF Value™: ₹358.22 vs. price of ₹259.45 (27.6% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 108.9% above the Furnishings, Fixtures & Appliances median (#69 of 428)

No single metric tells the full story. See the BOM:539876 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Crompton Greaves Consumer Electricals Business Description

Other Exchanges CROMPTON:India
Address Equinox Business Park, Lal Bahadur Shastri Marg, Tower 3, 1st Floor, East Wing, Kurla (West), Mumbai, MH, IND, 400 070
Crompton Greaves Consumer Electricals Ltd manufactures and markets consumer products in India. Its operating segments are Electric Consumer Durables Lighting Products and Butterfly. The company offers Fans, Lights, Water Heaters, Air Coolers, Home Appliances, Kitchen Appliances, Built-in Appliances, and Pumps. The company operates predominantly in the domestic market, in India.
86GF Score

Get the complete analysis for BOM:539876

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

₹259.45
Price
₹358.22
GF Value