Mehai Technology (BOM:540730) Altman Z-Score: 1.77 (As of Aug. 03, 2026) — 86% Below Median

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BOM:540730 Mehai Technology Ltd BOM:540730
68 GF Score
Price ₹1.17
GF Value ₹5.01
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Mehai Technology Altman Z-Score?

Mehai Technology BOM:540730 68 Altman Z-Score is 1.77 as of Aug. 03, 2026, which is 86% below its 10-year median of 13.06. GuruFocus rates BOM:540730 with a GF Score™ of 68/100 and a GF Value™ of ₹5.01 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 548 Conglomerates companies, Mehai Technology ranks worse than 58.03% 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 1.77 is in distress zone. This implies bankruptcy possibility in the next two years.

Mehai Technology has a Altman Z-Score of 1.77, 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 Mehai Technology's Altman Z-Score or its related term are showing as below:

BOM:540730' s Altman Z-Score Range Over the Past 10 Years
Min: 1.68   Med: 13.06   Max: 39.35
Current: 1.77

During the past 13 years, Mehai Technology's highest Altman Z-Score was 39.35. The lowest was 1.68. And the median was 13.06.


Mehai Technology  (BOM:540730) 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.


Mehai Technology Altman Z-Score Related Terms


Mehai Technology Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mehai Technology'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.

Mehai Technology Altman Z-Score Chart

Mehai Technology 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 19.52 3.83 1.95 5.20 1.68

Mehai Technology 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 5.20 6.47 6.87 2.21 1.68

BOM:540730 vs MMM, HON: Altman Z-Score Comparison

For the Conglomerates subindustry, Mehai Technology'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.


Mehai Technology Altman Z-Score vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mehai Technology's Altman Z-Score distribution charts can be found below:

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


BOM:540730
68GF Score
Mehai Technology Ltd BOM:540730
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mehai Technology 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.

Mehai Technology'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*0.3762+1.4*0+3.3*0.0521+0.6*1.2216+1.0*0.4159
=1.77

* 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 ₹2,992 Mil.
Total Current Assets was ₹1,909 Mil.
Total Current Liabilities was ₹784 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 41.501 + 28.938 + 24.937 + 15.29 = ₹111 Mil.
Interest Expense was -11.446 + -9.81 + -11.55 + -12.459 = ₹-45 Mil.
Revenue was 618.134 + 223.09 + 219.983 + 183.337 = ₹1,245 Mil.
Market Cap (Today) was ₹970 Mil.
Total Liabilities was ₹794 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
=(1909.459 - 783.78)/2992.066
=0.3762

X2=Retained Earnings/Total Assets
=0/2992.066
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(110.666 - -45.265)/2992.066
=0.0521

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=969.965/794.003
=1.2216

X5=Revenue/Total Assets
=1244.544/2992.066
=0.4159

The zones of discrimination were as such:

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

Mehai Technology has a Altman Z-Score of 1.77 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 1.77 mean?
Mehai Technology (BOM:540730) has a Altman Z-Score of 1.77 as of Aug. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mehai Technology and its competitors. This is 86% below median its historical median of 13.06. Over the past decade, Mehai Technology's Altman Z-Score has ranged from 1.68 to 39.35. According to the industry distribution chart, Mehai Technology ranks #318 out of 548 companies in the Conglomerates industry, placing it in the top 58%.
Is Mehai Technology's Altman Z-Score too high?
Mehai Technology's current Altman Z-Score of 1.77 is 86% below median its 10-year median of 13.06. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 39.35. The Conglomerates industry median Altman Z-Score is 2.06. Mehai Technology's value of 1.77 is 14.1% below this industry median. Based on the distribution chart, Mehai Technology ranks #318 out of 548 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Mehai Technology has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mehai Technology's Altman Z-Score compare to MMM and HON?
According to the Conglomerates industry distribution chart, Mehai Technology ranks #318 out of 548 companies for Altman Z-Score. This places Mehai Technology in the lower half of its industry. The industry median Altman Z-Score is 2.06. Mehai Technology's value of 1.77 is 14.1% below this benchmark. Historically, Mehai Technology's own Altman Z-Score has ranged from 1.68 to 39.35 over the past decade. While the company's 10-year median is 13.06 vs. the industry median of 2.06, Mehai Technology 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 Conglomerates company?
The median Altman Z-Score among Conglomerates companies is 2.06, based on 548 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. Mehai Technology's current Altman Z-Score of 1.77 is 14.1% 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 Mehai Technology and its competitors. For the Conglomerates industry, the median Altman Z-Score is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mehai Technology's current Altman Z-Score is 1.77, which is 86% below median its own 10-year median of 13.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mehai Technology stock overvalued right now?
Based on GuruFocus' analysis, Mehai Technology (BOM:540730) is currently considered Possible Value Trap. The stock's GF Value™ is ₹5.01, compared to a current price of ₹1.17 — trading 76.6% below its estimated fair value. The current Altman Z-Score is 1.77, which is 86% below median its 10-year median of 13.06 and 14.1% below the Conglomerates industry median of 2.06. Mehai Technology's overall GF Score™ is 68/100 with 8 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 Mehai Technology (BOM:540730), the current Altman Z-Score is 1.77 as of Aug. 03, 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 Mehai Technology (BOM:540730) Overvalued in 2026?

Based on GuruFocus' analysis, Mehai Technology stock appears to be undervalued. The current stock price of ₹1.17 is trading 76.6% below its estimated GF Value™ of ₹5.01. GuruFocus considers Mehai Technology to be Possible Value Trap.

Key valuation signals for BOM:540730:

  • Altman Z-Score: 1.77 (86% below median its 10-year median of 13.06)
  • GF Value™: ₹5.01 vs. price of ₹1.17 (76.6% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 14.1% below the Conglomerates median (#318 of 548)

No single metric tells the full story. See the BOM:540730 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mehai Technology Business Description

Address 144, Dakshindari Road, Sreebhumi North 24 Parganas, Patipukur, WB, IND, 700048
Mehai Technology Ltd is engaged in the trading of electronic items. The company is an electronics retail chain offering various products including televisions, smartphones, laptops, home appliances, and others.
68GF Score

Get the complete analysis for BOM:540730

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

₹1.17
Price
₹5.01
GF Value