Liotech Industries (BOM:544796) Altman Z-Score: 6.49 (As of Aug. 13, 2026)

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BOM:544796 Liotech Industries Ltd BOM:544796
19 GF Score
Price ₹103.30
! 1 Warning Sign
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What is Liotech Industries Altman Z-Score?

Liotech Industries BOM:544796 -1.01% 19 Altman Z-Score is 6.49 as of Aug. 13, 2026. GuruFocus rates BOM:544796 with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,762 Construction companies, Liotech Industries ranks better than 90.98% 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 6.44 is strong.

Liotech Industries has a Altman Z-Score of 6.49, 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 Liotech Industries's Altman Z-Score or its related term are showing as below:

BOM:544796' s Altman Z-Score Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.44
Current: 6.44

During the past 3 years, Liotech Industries's highest Altman Z-Score was 6.44. The lowest was 0.00. And the median was 0.00.


Liotech Industries  (BOM:544796) 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.


Liotech Industries Altman Z-Score Related Terms


Liotech Industries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Liotech Industries'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.

Liotech Industries Altman Z-Score Chart

Liotech Industries Annual Data
Trend Mar23 Mar24 Mar25
Altman Z-Score
0.00 0.00 0.00

Liotech Industries Semi-Annual Data
Mar23 Mar24 Mar25
Altman Z-Score 0.00 0.00 0.00

BOM:544796 vs TT, JCI, CARR: Altman Z-Score Comparison

For the Building Products & Equipment subindustry, Liotech Industries'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.


Liotech Industries Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Liotech Industries's Altman Z-Score distribution charts can be found below:

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


BOM:544796
19GF Score
Liotech Industries Ltd BOM:544796
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Liotech Industries 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.

Liotech Industries'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*0.2619+1.4*0.3766+3.3*0.3021+0.6*4.3192+1.0*2.0571
=6.49

* 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. 2025:
Total Assets was ₹197.7 Mil.
Total Current Assets was ₹131.7 Mil.
Total Current Liabilities was ₹79.9 Mil.
Retained Earnings was ₹74.5 Mil.
Pre-Tax Income was ₹56.0 Mil.
Interest Expense was ₹-3.7 Mil.
Revenue was ₹406.8 Mil.
Market Cap (Today) was ₹402.9 Mil.
Total Liabilities was ₹93.3 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
=(131.716 - 79.933)/197.747
=0.2619

X2=Retained Earnings/Total Assets
=74.464/197.747
=0.3766

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(56.018 - -3.716)/197.747
=0.3021

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=402.911/93.283
=4.3192

X5=Revenue/Total Assets
=406.778/197.747
=2.0571

The zones of discrimination were as such:

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

Liotech Industries has a Altman Z-Score of 6.49 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 6.49 mean?
Liotech Industries (BOM:544796) has a Altman Z-Score of 6.49 as of Aug. 13, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Liotech Industries and its competitors. According to the industry distribution chart, Liotech Industries ranks #159 out of 1762 companies in the Construction industry, placing it in the top 9%.
Is Liotech Industries' Altman Z-Score too high?
Liotech Industries' current Altman Z-Score is 6.49. The Construction industry median Altman Z-Score is 2.31. Liotech Industries' value of 6.49 is 181% above this industry median. Based on the distribution chart, Liotech Industries ranks #159 out of 1762 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Liotech Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Liotech Industries' Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Liotech Industries ranks #159 out of 1762 companies for Altman Z-Score. This places Liotech Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.31. Liotech Industries' value of 6.49 is 181% above this benchmark. 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 2.31, based on 1,762 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. Liotech Industries's current Altman Z-Score of 6.49 is 181% 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 Liotech Industries and its competitors. For the Construction industry, the median Altman Z-Score is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liotech Industries's current Altman Z-Score is 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liotech Industries stock overvalued right now?
Liotech Industries (BOM:544796) has a current Altman Z-Score of 6.49. The current Altman Z-Score is 6.49 and 181% above the Construction industry median of 2.31. Liotech Industries' overall GF Score™ is 19/100 with 1 warning sign 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 Liotech Industries (BOM:544796), the current Altman Z-Score is 6.49 as of Aug. 13, 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.

Liotech Industries Business Description

Address Shapar Sr. No. 269 P 2, New Sr. No. 464, Plot No 21, Kotdasanagani, Shapar, Rajkot, GJ, IND, 360024
Liotech Industries Ltd specializes in the production of hardware structures and accessories, including door kits, a wide range of hinges (including cut & butt, parliament, W, Z, and duck hinges), gate hooks, aldrop, locks, handles, tower bolts,and shelf bottoms. It offers a diverse selection of products, with over 150 distinct specifications, that cater to various industries such as housing, infrastructure, agriculture, automotive, electricity, cement, mining, solar energy, and general engineering. Aside from its production operations, the company also engages in the trading of supplementary products such as door stoppers, magnets, table brackets, bed lifters, and bell magnets.
19GF Score

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