Kiaasa Retail (BOM:544711) Altman Z-Score: 1.47 (As of Aug. 01, 2026) — Near Median

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BOM:544711 Kiaasa Retail Ltd BOM:544711
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What is Kiaasa Retail Altman Z-Score?

Kiaasa Retail BOM:544711 +4.68% 14 Altman Z-Score is 1.47 as of Aug. 01, 2026, which is 4% below its 10-year median of 1.53. GuruFocus rates BOM:544711 with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Kiaasa Retail ranks worse than 76.07% 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.

Warning Sign:

Altman Z-score of 1.47 is in distress zone. This implies bankruptcy possibility in the next two years.

Kiaasa Retail has a Altman Z-Score of 1.47, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Kiaasa Retail's Altman Z-Score or its related term are showing as below:

BOM:544711' s Altman Z-Score Range Over the Past 10 Years
Min: 1.47   Med: 1.53   Max: 1.53
Current: 1.47

During the past 4 years, Kiaasa Retail's highest Altman Z-Score was 1.53. The lowest was 1.47. And the median was 1.53.


Kiaasa Retail  (BOM:544711) 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.


Kiaasa Retail Altman Z-Score Related Terms


Kiaasa Retail Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kiaasa Retail'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.

Kiaasa Retail Altman Z-Score Chart

Kiaasa Retail Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 1.53

Kiaasa Retail Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Altman Z-Score 0.00 0.00 0.00 0.00 1.53

BOM:544711 vs RL, LEVI, VFC: Altman Z-Score Comparison

For the Apparel Manufacturing subindustry, Kiaasa Retail'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.


Kiaasa Retail Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kiaasa Retail's Altman Z-Score distribution charts can be found below:

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


BOM:544711
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Kiaasa Retail Ltd BOM:544711
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kiaasa Retail 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.

Kiaasa Retail'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*0.4017+1.4*0+3.3*0.0782+0.6*0.3829+1.0*0.497
=1.47

* 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 ₹2,709 Mil.
Total Current Assets was ₹2,277 Mil.
Total Current Liabilities was ₹1,189 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was ₹151 Mil.
Interest Expense was ₹-61 Mil.
Revenue was ₹1,346 Mil.
Market Cap (Today) was ₹620 Mil.
Total Liabilities was ₹1,618 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
=(2277.182 - 1188.95)/2708.788
=0.4017

X2=Retained Earnings/Total Assets
=0/2708.788
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(150.968 - -60.948)/2708.788
=0.0782

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=619.638/1618.146
=0.3829

X5=Revenue/Total Assets
=1346.322/2708.788
=0.497

The zones of discrimination were as such:

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

Kiaasa Retail has a Altman Z-Score of 1.47 indicating it is in Distress 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 1.47 mean?
Kiaasa Retail (BOM:544711) has a Altman Z-Score of 1.47 as of Aug. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kiaasa Retail and its competitors. This is near median its historical median of 1.53. Over the past decade, Kiaasa Retail's Altman Z-Score has ranged from 1.47 to 1.53. According to the industry distribution chart, Kiaasa Retail ranks #785 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 76.1%.
Is Kiaasa Retail's Altman Z-Score too high?
Kiaasa Retail's current Altman Z-Score of 1.47 is near median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 1.53. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.47. Kiaasa Retail's value of 1.47 is 40.5% below this industry median. Based on the distribution chart, Kiaasa Retail ranks #785 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kiaasa Retail has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Kiaasa Retail's Altman Z-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kiaasa Retail ranks #785 out of 1032 companies for Altman Z-Score. This places Kiaasa Retail in the lower half of its industry. The industry median Altman Z-Score is 2.47. Kiaasa Retail's value of 1.47 is 40.5% below this benchmark. Historically, Kiaasa Retail's own Altman Z-Score has ranged from 1.47 to 1.53 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 2.47, Kiaasa Retail has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.47, based on 1,032 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. Kiaasa Retail's current Altman Z-Score of 1.47 is 40.5% below 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 Kiaasa Retail and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiaasa Retail's current Altman Z-Score is 1.47, which is near median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiaasa Retail stock overvalued right now?
Kiaasa Retail (BOM:544711) has a current Altman Z-Score of 1.47. The current Altman Z-Score is 1.47, which is near median its 10-year median of 1.53 and 40.5% below the Manufacturing - Apparel & Accessories industry median of 2.47. Kiaasa Retail's overall GF Score™ is 14/100 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 Kiaasa Retail (BOM:544711), the current Altman Z-Score is 1.47 as of Aug. 01, 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.

Kiaasa Retail Business Description

Address SSGT Road, Industrial Area, Plot No 1/65, First Floor, Ghaziabad, UP, IND, 201001
Kiaasa Retail Ltd The company is engaged in the business of Manufacture, resell, trade, export, import, sell in wholesale and retail of fashion accessories, garments, footwear, leather goods, wearing apparel and dress materials, also as traders, fabricators, manufacturers, exporters and importers of all kinds of clothing, readymade garments, jewelry, footwear, hand bags, beauty products and all accessories related to fashion & lifestyle products.
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