Craftsman Automation (BOM:543276) Altman Z-Score: 4.04 (As of Jul. 19, 2026) — 21% Above Median

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BOM:543276 Craftsman Automation Ltd BOM:543276
87 GF Score
Price ₹9,099.35
GF Value ₹8,679.53
Valuation Fairly Valued
! 6 Warning Signs
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What is Craftsman Automation Altman Z-Score?

Craftsman Automation BOM:543276 -0.03% 87 Altman Z-Score is 4.04 as of Jul. 19, 2026, which is 21% above its 10-year median of 3.35. GuruFocus rates BOM:543276 with a GF Score™ of 87/100 and a GF Value™ of ₹8,679.53 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,314 Vehicles & Parts companies, Craftsman Automation ranks better than 74.89% 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 4.04 is strong.

Craftsman Automation has a Altman Z-Score of 4.04, 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 Craftsman Automation's Altman Z-Score or its related term are showing as below:

BOM:543276' s Altman Z-Score Range Over the Past 10 Years
Min: 2.65   Med: 3.35   Max: 4.04
Current: 4.04

During the past 9 years, Craftsman Automation's highest Altman Z-Score was 4.04. The lowest was 2.65. And the median was 3.35.


Craftsman Automation  (BOM:543276) 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.


Craftsman Automation Altman Z-Score Related Terms


Craftsman Automation Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Craftsman Automation'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.

Craftsman Automation Altman Z-Score Chart

Craftsman Automation Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only 3.58 3.41 3.67 3.00 3.29

Craftsman Automation 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 3.00 3.32 3.01 3.35 3.29

BOM:543276 vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, Craftsman Automation'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.


Craftsman Automation Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Craftsman Automation's Altman Z-Score distribution charts can be found below:

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


BOM:543276
87GF Score
Craftsman Automation Ltd BOM:543276
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Craftsman Automation 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.

Craftsman Automation'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*0.062+1.4*0.1841+3.3*0.0939+0.6*4.1648+1.0*0.8988
=4.04

* 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 ₹89,783 Mil.
Total Current Assets was ₹36,218 Mil.
Total Current Liabilities was ₹30,649 Mil.
Retained Earnings was ₹16,530 Mil.
Pre-Tax Income was 1730.4 + 1422.2 + 1253.3 + 937.1 = ₹5,343 Mil.
Interest Expense was -862.7 + -793.9 + -770.1 + -663 = ₹-3,090 Mil.
Revenue was 22264 + 20572.8 + 20015.9 + 17840 = ₹80,693 Mil.
Market Cap (Today) was ₹237,988 Mil.
Total Liabilities was ₹57,142 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
=(36217.5 - 30648.9)/89783
=0.062

X2=Retained Earnings/Total Assets
=16530.4/89783
=0.1841

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(5343 - -3089.7)/89783
=0.0939

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=237988.340/57142.4
=4.1648

X5=Revenue/Total Assets
=80692.7/89783
=0.8988

The zones of discrimination were as such:

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

Craftsman Automation has a Altman Z-Score of 4.04 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 4.04 mean?
Craftsman Automation (BOM:543276) has a Altman Z-Score of 4.04 as of Jul. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Craftsman Automation and its competitors. This is 21% above median its historical median of 3.35. Over the past decade, Craftsman Automation's Altman Z-Score has ranged from 2.65 to 4.04. According to the industry distribution chart, Craftsman Automation ranks #330 out of 1314 companies in the Vehicles & Parts industry, placing it in the top 25.1%.
Is Craftsman Automation's Altman Z-Score too high?
Craftsman Automation's current Altman Z-Score of 4.04 is 21% above median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 4.04. The Vehicles & Parts industry median Altman Z-Score is 2.54. Craftsman Automation's value of 4.04 is 59.1% above this industry median. Based on the distribution chart, Craftsman Automation ranks #330 out of 1314 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Craftsman Automation has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Craftsman Automation's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Craftsman Automation ranks #330 out of 1314 companies for Altman Z-Score. This puts Craftsman Automation in the upper half of its industry. The industry median Altman Z-Score is 2.54. Craftsman Automation's value of 4.04 is 59.1% above this benchmark. Historically, Craftsman Automation's own Altman Z-Score has ranged from 2.65 to 4.04 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 2.54, Craftsman Automation 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.54, based on 1,314 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. Craftsman Automation's current Altman Z-Score of 4.04 is 59.1% 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 Craftsman Automation and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Craftsman Automation's current Altman Z-Score is 4.04, which is 21% above median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Craftsman Automation stock overvalued right now?
Based on GuruFocus' analysis, Craftsman Automation (BOM:543276) is currently considered Fairly Valued. The stock's GF Value™ is ₹8,679.53, compared to a current price of ₹9,099.35 — trading 4.8% above its estimated fair value. The current Altman Z-Score is 4.04, which is 21% above median its 10-year median of 3.35 and 59.1% above the Vehicles & Parts industry median of 2.54. Craftsman Automation's overall GF Score™ is 87/100 with 6 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 Craftsman Automation (BOM:543276), the current Altman Z-Score is 4.04 as of Jul. 19, 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 Craftsman Automation (BOM:543276) Overvalued in 2026?

Based on GuruFocus' analysis, Craftsman Automation stock appears to be overvalued. The current stock price of ₹9,099.35 is trading 4.8% above its estimated GF Value™ of ₹8,679.53. GuruFocus considers Craftsman Automation to be Fairly Valued.

Key valuation signals for BOM:543276:

  • Altman Z-Score: 4.04 (21% above median its 10-year median of 3.35)
  • GF Value™: ₹8,679.53 vs. price of ₹9,099.35 (4.8% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 59.1% above the Vehicles & Parts median (#330 of 1314)

No single metric tells the full story. See the BOM:543276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Craftsman Automation Business Description

Other Exchanges CRAFTSMAN:India
Address No. 1087, Avinashi Road, Krishna Towers, 4th & 5th Floor, Coimbatore, TN, IND, 641 037
Craftsman Automation Ltd is engaged in the business of manufacturing engineering components, sub-assemblies, products and rendering of contract manufacturing services to various industries. It has three segments Powertrain; Aluminium Products; and Industrial & Engineering. It generates majority of revenue from Aluminium Products which develops, manufactures, sells its goods and services consisting of aluminium products to the manufacturers of two wheelers, passenger vehicles and commercial vehicles and products for power transmission and other industrial usage. Its products are CYLINDER BLOCK, CYLINDER HEAD, CAMSHAFTS, TRANSMISSION HOUSINGS, BEARING CAP, DIFFERENTIAL CARRIER HOUSING, Powertrain Parts, Structural parts, E-Vehicle Parts, GEAR AND GEAR BOXES, MATERIAL HANDLING.
87GF Score

Get the complete analysis for BOM:543276

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

₹9,099.35
Price
₹8,679.53
GF Value