Rajnish Wellness (BOM:541601) Altman Z-Score: 6.12 (As of Jul. 18, 2026) — Near Median

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BOM:541601 Rajnish Wellness Ltd BOM:541601
52 GF Score
Price ₹0.41
GF Value ₹3.20
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Rajnish Wellness Altman Z-Score?

Rajnish Wellness BOM:541601 52 Altman Z-Score is 6.12 as of Jul. 18, 2026, which is 9% below its 10-year median of 6.75. GuruFocus rates BOM:541601 with a GF Score™ of 52/100 and a GF Value™ of ₹3.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,934 Consumer Packaged Goods companies, Rajnish Wellness ranks better than 82.11% 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 6.12 is strong.

Rajnish Wellness has a Altman Z-Score of 6.12, 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 Rajnish Wellness's Altman Z-Score or its related term are showing as below:

BOM:541601' s Altman Z-Score Range Over the Past 10 Years
Min: 1.93   Med: 6.75   Max: 48.77
Current: 6.12

During the past 11 years, Rajnish Wellness's highest Altman Z-Score was 48.77. The lowest was 1.93. And the median was 6.75.


Rajnish Wellness  (BOM:541601) 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.


Rajnish Wellness Altman Z-Score Related Terms


Rajnish Wellness Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Rajnish Wellness'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.

Rajnish Wellness Altman Z-Score Chart

Rajnish Wellness 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 5.75 48.77 14.97 7.47 6.02

Rajnish Wellness 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 7.47 6.96 5.65 3.54 6.02

BOM:541601 vs PG, CL, KVUE: Altman Z-Score Comparison

For the Household & Personal Products subindustry, Rajnish Wellness'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.


Rajnish Wellness Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rajnish Wellness's Altman Z-Score distribution charts can be found below:

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


BOM:541601
52GF Score
Rajnish Wellness Ltd BOM:541601
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rajnish Wellness 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.

Rajnish Wellness'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*0.7397+1.4*0+3.3*-0.0686+0.6*6.9228+1.0*1.3056
=6.12

* 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 ₹1,086 Mil.
Total Current Assets was ₹836 Mil.
Total Current Liabilities was ₹33 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was -68.24 + -10.09 + 0.874 + 2.907 = ₹-75 Mil.
Interest Expense was -0.016 + -0.013 + -0.01 + -0.007 = ₹-0 Mil.
Revenue was 1019.471 + 232.448 + 120.042 + 45.562 = ₹1,418 Mil.
Market Cap (Today) was ₹416 Mil.
Total Liabilities was ₹60 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
=(836.366 - 33.285)/1085.755
=0.7397

X2=Retained Earnings/Total Assets
=0/1085.755
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-74.549 - -0.046)/1085.755
=-0.0686

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=416.293/60.134
=6.9228

X5=Revenue/Total Assets
=1417.523/1085.755
=1.3056

The zones of discrimination were as such:

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

Rajnish Wellness has a Altman Z-Score of 6.12 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 6.12 mean?
Rajnish Wellness (BOM:541601) has a Altman Z-Score of 6.12 as of Jul. 18, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Rajnish Wellness and its competitors. This is near median its historical median of 6.75. Over the past decade, Rajnish Wellness' Altman Z-Score has ranged from 1.93 to 48.77. According to the industry distribution chart, Rajnish Wellness ranks #346 out of 1934 companies in the Consumer Packaged Goods industry, placing it in the top 17.9%.
Is Rajnish Wellness' Altman Z-Score too high?
Rajnish Wellness' current Altman Z-Score of 6.12 is near median its 10-year median of 6.75. Over the past 10 years, this metric has ranged from a low of 1.93 to a high of 48.77. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Rajnish Wellness' value of 6.12 is 114% above this industry median. Based on the distribution chart, Rajnish Wellness ranks #346 out of 1934 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Rajnish Wellness has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rajnish Wellness' Altman Z-Score compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Rajnish Wellness ranks #346 out of 1934 companies for Altman Z-Score. This places Rajnish Wellness in the top 18% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.86. Rajnish Wellness' value of 6.12 is 114% above this benchmark. Historically, Rajnish Wellness' own Altman Z-Score has ranged from 1.93 to 48.77 over the past decade. While the company's 10-year median is 6.75 vs. the industry median of 2.86, Rajnish Wellness 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.86, based on 1,934 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. Rajnish Wellness's current Altman Z-Score of 6.12 is 114% 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 Rajnish Wellness and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajnish Wellness's current Altman Z-Score is 6.12, which is near median its own 10-year median of 6.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajnish Wellness stock overvalued right now?
Based on GuruFocus' analysis, Rajnish Wellness (BOM:541601) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3.20, compared to a current price of ₹0.41 — trading 87.2% below its estimated fair value. The current Altman Z-Score is 6.12, which is near median its 10-year median of 6.75 and 114% above the Consumer Packaged Goods industry median of 2.86. Rajnish Wellness' overall GF Score™ is 52/100 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 Rajnish Wellness (BOM:541601), the current Altman Z-Score is 6.12 as of Jul. 18, 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 Rajnish Wellness (BOM:541601) Overvalued in 2026?

Based on GuruFocus' analysis, Rajnish Wellness stock appears to be undervalued. The current stock price of ₹0.41 is trading 87.2% below its estimated GF Value™ of ₹3.20. GuruFocus considers Rajnish Wellness to be Possible Value Trap.

Key valuation signals for BOM:541601:

  • Altman Z-Score: 6.12 (near median its 10-year median of 6.75)
  • GF Value™: ₹3.20 vs. price of ₹0.41 (87.2% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 114% above the Consumer Packaged Goods median (#346 of 1934)

No single metric tells the full story. See the BOM:541601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rajnish Wellness Business Description

Address Government Industrial Estate, Charkop Road, Plot No. 24, ABCD, Near Hindustan Naka, Opposite 125 IPCA, Kandivali West, Mumbai, MH, IND, 400067
Rajnish Wellness Ltd is engaged in the business of selling various products in categories ranging from pharmaceutical products, and consumer durables to ayurvedic personal care products. Its focus areas are pharmaceutical, sexual wellness, energy revitalization, and personal care products. The company markets its product under its flagship brand Playwin, and offers products including Hair oil for dandruff and hair fall. mithohar liquid for controlling diabetes, lotions for skin itching problems, etc.
52GF Score

Get the complete analysis for BOM:541601

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

₹0.41
Price
₹3.20
GF Value