Shri Venkatesh Refineries (BOM:543373) Altman Z-Score: 4.09 (As of Jul. 15, 2026) — Near Median

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BOM:543373 Shri Venkatesh Refineries Ltd BOM:543373
85 GF Score
Price ₹371.70
GF Value ₹385.14
Valuation Fairly Valued
! 5 Warning Signs
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What is Shri Venkatesh Refineries Altman Z-Score?

Shri Venkatesh Refineries BOM:543373 +1.34% 85 Altman Z-Score is 4.09 as of Jul. 15, 2026, which is 1% below its 10-year median of 4.14. GuruFocus rates BOM:543373 with a GF Score™ of 85/100 and a GF Value™ of ₹385.14 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Shri Venkatesh Refineries ranks better than 67.72% 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 4.06 is strong.

Shri Venkatesh Refineries has a Altman Z-Score of 4.09, 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 Shri Venkatesh Refineries's Altman Z-Score or its related term are showing as below:

BOM:543373' s Altman Z-Score Range Over the Past 10 Years
Min: 3.76   Med: 4.14   Max: 6.61
Current: 4.06

During the past 8 years, Shri Venkatesh Refineries's highest Altman Z-Score was 6.61. The lowest was 3.76. And the median was 4.14.


Shri Venkatesh Refineries  (BOM:543373) 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.


Shri Venkatesh Refineries Altman Z-Score Related Terms


Shri Venkatesh Refineries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Shri Venkatesh Refineries'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.

Shri Venkatesh Refineries Altman Z-Score Chart

Shri Venkatesh Refineries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 6.61 6.18 4.08 4.14 3.76

Shri Venkatesh Refineries Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.08 3.60 4.14 2.13 3.76

BOM:543373 vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, Shri Venkatesh Refineries'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.


Shri Venkatesh Refineries Altman Z-Score vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Shri Venkatesh Refineries's Altman Z-Score falls into.


BOM:543373
85GF Score
Shri Venkatesh Refineries Ltd BOM:543373
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shri Venkatesh Refineries 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.

Shri Venkatesh Refineries'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*0.214+1.4*0+3.3*0.1219+0.6*1.8057+1.0*2.3476
=4.09

* 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 ₹5,868 Mil.
Total Current Assets was ₹4,767 Mil.
Total Current Liabilities was ₹3,511 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was ₹523 Mil.
Interest Expense was ₹-193 Mil.
Revenue was ₹13,776 Mil.
Market Cap (Today) was ₹8,222 Mil.
Total Liabilities was ₹4,553 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
=(4766.915 - 3511.429)/5867.978
=0.214

X2=Retained Earnings/Total Assets
=0/5867.978
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(522.533 - -192.691)/5867.978
=0.1219

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=8221.754/4553.177
=1.8057

X5=Revenue/Total Assets
=13775.738/5867.978
=2.3476

The zones of discrimination were as such:

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

Shri Venkatesh Refineries has a Altman Z-Score of 4.09 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 4.09 mean?
Shri Venkatesh Refineries (BOM:543373) has a Altman Z-Score of 4.09 as of Jul. 15, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shri Venkatesh Refineries and its competitors. This is near median its historical median of 4.14. Over the past decade, Shri Venkatesh Refineries' Altman Z-Score has ranged from 3.76 to 6.61. According to the industry distribution chart, Shri Venkatesh Refineries ranks #623 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 32.3%.
Is Shri Venkatesh Refineries' Altman Z-Score too high?
Shri Venkatesh Refineries' current Altman Z-Score of 4.09 is near median its 10-year median of 4.14. Over the past 10 years, this metric has ranged from a low of 3.76 to a high of 6.61. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Shri Venkatesh Refineries' value of 4.09 is 43.5% above this industry median. Based on the distribution chart, Shri Venkatesh Refineries ranks #623 out of 1930 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shri Venkatesh Refineries has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shri Venkatesh Refineries' Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shri Venkatesh Refineries ranks #623 out of 1930 companies for Altman Z-Score. This puts Shri Venkatesh Refineries in the upper half of its industry. The industry median Altman Z-Score is 2.85. Shri Venkatesh Refineries' value of 4.09 is 43.5% above this benchmark. Historically, Shri Venkatesh Refineries' own Altman Z-Score has ranged from 3.76 to 6.61 over the past decade. While the company's 10-year median is 4.14 vs. the industry median of 2.85, Shri Venkatesh Refineries 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 2.85, based on 1,930 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. Shri Venkatesh Refineries's current Altman Z-Score of 4.09 is 43.5% 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 Shri Venkatesh Refineries and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Venkatesh Refineries's current Altman Z-Score is 4.09, which is near median its own 10-year median of 4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Venkatesh Refineries stock overvalued right now?
Based on GuruFocus' analysis, Shri Venkatesh Refineries (BOM:543373) is currently considered Fairly Valued. The stock's GF Value™ is ₹385.14, compared to a current price of ₹371.70 — trading 3.5% below its estimated fair value. The current Altman Z-Score is 4.09, which is near median its 10-year median of 4.14 and 43.5% above the Consumer Packaged Goods industry median of 2.85. Shri Venkatesh Refineries' overall GF Score™ is 85/100 with 5 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 Shri Venkatesh Refineries (BOM:543373), the current Altman Z-Score is 4.09 as of Jul. 15, 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 Shri Venkatesh Refineries (BOM:543373) Overvalued in 2026?

Based on GuruFocus' analysis, Shri Venkatesh Refineries stock appears to be undervalued. The current stock price of ₹371.70 is trading 3.5% below its estimated GF Value™ of ₹385.14. GuruFocus considers Shri Venkatesh Refineries to be Fairly Valued.

Key valuation signals for BOM:543373:

  • Altman Z-Score: 4.09 (near median its 10-year median of 4.14)
  • GF Value™: ₹385.14 vs. price of ₹371.70 (3.5% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 43.5% above the Consumer Packaged Goods median (#623 of 1930)

No single metric tells the full story. See the BOM:543373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shri Venkatesh Refineries Business Description

Address Lal Bahadur Shastri Road, Runwal R Square Office no. 1109, Floor 11, Vardhaman Nagar, Mulund West, Mumbai, MH, IND, 400080
Shri Venkatesh Refineries Ltd is engaged in the processing, refining, and preservation of edible oils, including soybean oil, cottonseed oil, palm oil, and sunflower oil. It markets its products under brands such as Rich Soya, Rich Sun, and Silver Gold, with a distribution network across Maharashtra. The company generates revenue through the manufacturing and trading of refined and raw edible oils. Its operations include the procurement of raw materials directly from farmers and bulk dealers, supported by modern machinery and quality control to ensure product standards. The company's only identifiable reportable business segment is Manufacturing and Trading of Refined Oil and Raw Oil.
85GF Score

Get the complete analysis for BOM:543373

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

₹371.70
Price
₹385.14
GF Value