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 13.05 is strong.
Droneacharya Aerial Innovations has a Altman Z-Score of 13.05, 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 Droneacharya Aerial Innovations's Altman Z-Score or its related term are showing as below:
BOM:543713'
s Altman Z-Score Range Over the Past 10 Years
Min: 9.75 Med: 22.61 Max: 52.15
Current: 13.05
During the past 7 years, Droneacharya Aerial Innovations's highest Altman Z-Score was 52.15. The lowest was 9.75. And the median was 22.61.
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.
* 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.
BOM:543713 vs SNDK, DELL, STX: Altman Z-Score Comparison
For the Computer Hardware subindustry, Droneacharya Aerial Innovations'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.
Droneacharya Aerial Innovations Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Droneacharya Aerial Innovations's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Droneacharya Aerial Innovations's Altman Z-Score falls into.
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.
* 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.
Droneacharya Aerial Innovations (BOM:543713) has a Altman Z-Score of 13.05 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Droneacharya Aerial Innovations and its competitors. This is 42% below median its historical median of 22.61. Over the past decade, Droneacharya Aerial Innovations' Altman Z-Score has ranged from 9.75 to 52.15. According to the industry distribution chart, Droneacharya Aerial Innovations ranks #294 out of 2458 companies in the Hardware industry, placing it in the top 12%.
Is Droneacharya Aerial Innovations' Altman Z-Score too high?
Droneacharya Aerial Innovations' current Altman Z-Score of 13.05 is 42% below median its 10-year median of 22.61. Over the past 10 years, this metric has ranged from a low of 9.75 to a high of 52.15. The Hardware industry median Altman Z-Score is 3.64. Droneacharya Aerial Innovations' value of 13.05 is 258.5% above this industry median. Based on the distribution chart, Droneacharya Aerial Innovations ranks #294 out of 2458 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Droneacharya Aerial Innovations has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Droneacharya Aerial Innovations' Altman Z-Score compare to SNDK and DELL?
According to the Hardware industry distribution chart, Droneacharya Aerial Innovations ranks #294 out of 2458 companies for Altman Z-Score. This places Droneacharya Aerial Innovations in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.64. Droneacharya Aerial Innovations' value of 13.05 is 258.5% above this benchmark. Historically, Droneacharya Aerial Innovations' own Altman Z-Score has ranged from 9.75 to 52.15 over the past decade. While the company's 10-year median is 22.61 vs. the industry median of 3.64, Droneacharya Aerial Innovations 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 Hardware company?
The median Altman Z-Score among Hardware companies is 3.64, based on 2,458 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. Droneacharya Aerial Innovations's current Altman Z-Score of 13.05 is 258.5% 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 Droneacharya Aerial Innovations and its competitors. For the Hardware industry, the median Altman Z-Score is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Droneacharya Aerial Innovations's current Altman Z-Score is 13.05, which is 42% below median its own 10-year median of 22.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Droneacharya Aerial Innovations stock overvalued right now?
Based on GuruFocus' analysis, Droneacharya Aerial Innovations (BOM:543713) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹50.11, compared to a current price of ₹39.79 — trading 20.6% below its estimated fair value. The current Altman Z-Score is 13.05, which is 42% below median its 10-year median of 22.61 and 258.5% above the Hardware industry median of 3.64. Droneacharya Aerial Innovations' overall GF Score™ is 74/100 with 7 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 Droneacharya Aerial Innovations (BOM:543713), the current Altman Z-Score is 13.05 as of Jul. 05, 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 Droneacharya Aerial Innovations (BOM:543713) Overvalued in 2026?
Based on GuruFocus' analysis, Droneacharya Aerial Innovations stock appears to be undervalued.
The current stock price of ₹39.79 is trading 20.6% below its estimated GF Value™ of ₹50.11.
GuruFocus considers Droneacharya Aerial Innovations to be Modestly Undervalued.
Key valuation signals for BOM:543713:
Altman Z-Score: 13.05 (42% below median its 10-year median of 22.61)
GF Value™: ₹50.11 vs. price of ₹39.79 (20.6% below fair value)
Industry Position: 258.5% above the Hardware median (#294 of 2458)
No single metric tells the full story. See the BOM:543713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Droneacharya Aerial Innovations Business Description
Droneacharya Aerial Innovations Ltd provides high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high configuration workstations. The main operations of the company are imparting the Drone operation Training, Drone supply and Maintenance services, Management Consultancy, and training services, Drone pilot training & specialized GIS training. The company's offerings can be classified into four broad categories, namely, Training, Services, Surveillance, and others.
74GF Score
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