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Bondada EngineeringBOM:543971 -1.37%62 Altman Z-Score is 3.36 as of Jul. 16, 2026, which is 36% below its 10-year median of 5.27. GuruFocus rates BOM:543971 with a GF Score™ of 62/100 and a GF Value™ of ₹858.77 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,755 Construction companies, Bondada Engineering ranks better than 71.45% 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 3.42 is strong.
Bondada Engineering has a Altman Z-Score of 3.36, 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 Bondada Engineering's Altman Z-Score or its related term are showing as below:
BOM:543971'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.99 Med: 5.27 Max: 5.89
Current: 3.42
During the past 6 years, Bondada Engineering's highest Altman Z-Score was 5.89. The lowest was 2.99. And the median was 5.27.
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.
Altman Z-Score does not apply to financial companies.
Bondada Engineering Altman Z-Score Related Terms
Bondada Engineering Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Bondada Engineering'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.
BOM:543971 vs PWR, FIX, EME: Altman Z-Score Comparison
For the Engineering & Construction subindustry, Bondada Engineering'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.
Bondada Engineering Altman Z-Score vs Construction Industry
For the Construction industry and Industrials sector, Bondada Engineering's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Bondada Engineering'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.
Bondada Engineering'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
*
0.2383
+
1.4
*
0
+
3.3
*
0.1303
+
0.6
*
2.4913
+
1.0
*
1.1464
=
3.36
* 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.
Bondada Engineering (BOM:543971) has a Altman Z-Score of 3.36 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bondada Engineering and its competitors. This is 36% below median its historical median of 5.27. Over the past decade, Bondada Engineering's Altman Z-Score has ranged from 2.99 to 5.89. According to the industry distribution chart, Bondada Engineering ranks #501 out of 1755 companies in the Construction industry, placing it in the top 28.5%.
Is Bondada Engineering's Altman Z-Score too high?
Bondada Engineering's current Altman Z-Score of 3.36 is 36% below median its 10-year median of 5.27. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 5.89. The Construction industry median Altman Z-Score is 2.32. Bondada Engineering's value of 3.36 is 44.8% above this industry median. Based on the distribution chart, Bondada Engineering ranks #501 out of 1755 companies in the Construction industry, which is above the industry midpoint. Overall, Bondada Engineering has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bondada Engineering's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Bondada Engineering ranks #501 out of 1755 companies for Altman Z-Score. This puts Bondada Engineering in the upper half of its industry. The industry median Altman Z-Score is 2.32. Bondada Engineering's value of 3.36 is 44.8% above this benchmark. Historically, Bondada Engineering's own Altman Z-Score has ranged from 2.99 to 5.89 over the past decade. While the company's 10-year median is 5.27 vs. the industry median of 2.32, Bondada Engineering 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 Construction company?
The median Altman Z-Score among Construction companies is 2.32, based on 1,755 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. Bondada Engineering's current Altman Z-Score of 3.36 is 44.8% 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 Bondada Engineering and its competitors. For the Construction industry, the median Altman Z-Score is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bondada Engineering's current Altman Z-Score is 3.36, which is 36% below median its own 10-year median of 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bondada Engineering stock overvalued right now?
Based on GuruFocus' analysis, Bondada Engineering (BOM:543971) is currently considered Possible Value Trap. The stock's GF Value™ is ₹858.77, compared to a current price of ₹292.05 — trading 66% below its estimated fair value. The current Altman Z-Score is 3.36, which is 36% below median its 10-year median of 5.27 and 44.8% above the Construction industry median of 2.32. Bondada Engineering's overall GF Score™ is 62/100 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 Bondada Engineering (BOM:543971), the current Altman Z-Score is 3.36 as of Jul. 16, 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 Bondada Engineering (BOM:543971) Overvalued in 2026?
Based on GuruFocus' analysis, Bondada Engineering stock appears to be undervalued.
The current stock price of ₹292.05 is trading 66% below its estimated GF Value™ of ₹858.77.
GuruFocus considers Bondada Engineering to be Possible Value Trap.
Key valuation signals for BOM:543971:
Altman Z-Score: 3.36 (36% below median its 10-year median of 5.27)
GF Value™: ₹858.77 vs. price of ₹292.05 (66% below fair value)
Industry Position: 44.8% above the Construction median (#501 of 1755)
No single metric tells the full story. See the BOM:543971 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bondada Engineering Ltd is an integrated infrastructure company providing engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services to pan-India customers in the telecom and solar energy sectors. The company generates the majority of its revenue from EPC services, which include passive telecom infrastructure such as cell site construction, tower erection, maintenance, and the supply of poles, towers, power equipment, and optical fiber cable services to telecom companies and tower operators. The company and its subsidiaries are engaged in civil, mechanical, electrical, and O&M works; manufacturing of telecom towers and steel structures; solar EPC and O&M; UPVC windows; AAC blocks; LED lights; BLDC motors; and solar IPP.
62GF Score
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