Alcokraft Distilleries (NSE:ALCODIS) Altman Z-Score: 2.08 (As of Jul. 28, 2026)

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NSE:ALCODIS Alcokraft Distilleries Ltd NSE:ALCODIS
75 GF Score
Price ₹71.00
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What is Alcokraft Distilleries Altman Z-Score?

Alcokraft Distilleries NSE:ALCODIS 75 Altman Z-Score is 2.08 as of Jul. 28, 2026. GuruFocus rates NSE:ALCODIS with a GF Score™ of 75/100.

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.

Alcokraft Distilleries has a Altman Z-Score of 2.08, indicating it is in Grey Zones. This implies that Alcokraft Distilleries is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Alcokraft Distilleries's Altman Z-Score or its related term are showing as below:


Alcokraft Distilleries  (NSE:ALCODIS) 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.


Alcokraft Distilleries Altman Z-Score Related Terms


Alcokraft Distilleries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Alcokraft Distilleries'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.

Alcokraft Distilleries Altman Z-Score Chart

Alcokraft Distilleries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 2.28 2.44 3.35 2.48

Alcokraft Distilleries Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24 Mar25
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 0.00 2.44 3.35 2.48

NSE:ALCODIS vs BF.B: Altman Z-Score Comparison

For the Beverages - Wineries & Distilleries subindustry, Alcokraft Distilleries'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.


Alcokraft Distilleries Altman Z-Score vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Alcokraft Distilleries's Altman Z-Score distribution charts can be found below:

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


NSE:ALCODIS
75GF Score
Alcokraft Distilleries Ltd NSE:ALCODIS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Alcokraft Distilleries 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.

Alcokraft Distilleries'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*0.281+1.4*0.3891+3.3*0.0899+0.6*0.6269+1.0*0.5232
=2.08

* 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 ₹2,125 Mil.
Total Current Assets was ₹1,325 Mil.
Total Current Liabilities was ₹728 Mil.
Retained Earnings was ₹827 Mil.
Pre-Tax Income was ₹125 Mil.
Interest Expense was ₹-66 Mil.
Revenue was ₹1,112 Mil.
Market Cap (Today) was ₹728 Mil.
Total Liabilities was ₹1,161 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
=(1324.969 - 728.022)/2124.64
=0.281

X2=Retained Earnings/Total Assets
=826.679/2124.64
=0.3891

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(124.711 - -66.368)/2124.64
=0.0899

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=727.750/1160.961
=0.6269

X5=Revenue/Total Assets
=1111.71/2124.64
=0.5232

The zones of discrimination were as such:

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

Alcokraft Distilleries has a Altman Z-Score of 2.08 indicating it is in Grey 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 2.08 mean?
Alcokraft Distilleries (NSE:ALCODIS) has a Altman Z-Score of 2.08 as of Jul. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Alcokraft Distilleries and its competitors.
Is Alcokraft Distilleries' Altman Z-Score too high?
Alcokraft Distilleries' current Altman Z-Score is 2.08. The Beverages - Alcoholic industry median Altman Z-Score is 2.73. Alcokraft Distilleries' value of 2.08 is 23.7% below this industry median. Overall, Alcokraft Distilleries has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Alcokraft Distilleries' Altman Z-Score compare to BF.B?
Alcokraft Distilleries' Altman Z-Score of 2.08 can be compared against companies in the Beverages - Alcoholic industry. The industry median Altman Z-Score is 2.73. Alcokraft Distilleries' value of 2.08 is 23.7% below 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 Beverages - Alcoholic company?
The median Altman Z-Score among Beverages - Alcoholic companies is 2.73, based on 206 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. Alcokraft Distilleries's current Altman Z-Score of 2.08 is 23.7% 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 Alcokraft Distilleries and its competitors. For the Beverages - Alcoholic industry, the median Altman Z-Score is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcokraft Distilleries's current Altman Z-Score is 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcokraft Distilleries stock overvalued right now?
Alcokraft Distilleries (NSE:ALCODIS) has a current Altman Z-Score of 2.08. The current Altman Z-Score is 2.08 and 23.7% below the Beverages - Alcoholic industry median of 2.73. Alcokraft Distilleries' overall GF Score™ is 75/100. 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 Alcokraft Distilleries (NSE:ALCODIS), the current Altman Z-Score is 2.08 as of Jul. 28, 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.

Alcokraft Distilleries Business Description

Address A/P Walchandnagar, Taluka Indapur, Pune, MH, IND, 413114
Alcokraft Distilleries Ltd is engaged in the manufacture of non-potable alcohol. The company has two business segments: the distillery division and the potash division. Its Product Portfolio Includes Rectified Spirit, Neutral Alcohol, Denatured Spirit, Potash, Bio Potash, and De Potash Vinasse. The products are manufactured at its distillery facility situated at Walchandnagar, Maharashtra.
75GF Score

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