Aluwind Infra-Tech (NSE:ALUWIND) Altman Z-Score: 2.55 (As of Jul. 05, 2026) — 13% Below Median


NSE:ALUWIND Aluwind Infra-Tech Ltd NSE:ALUWIND
43 GF Score
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What is Aluwind Infra-Tech Altman Z-Score?

Aluwind Infra-Tech NSE:ALUWIND -0.43% 43 Altman Z-Score is 2.55 as of Jul. 05, 2026, which is 13% below its 10-year median of 2.93. GuruFocus rates NSE:ALUWIND with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 1,753 Construction companies, Aluwind Infra-Tech ranks better than 56.3% 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 2.55 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Aluwind Infra-Tech has a Altman Z-Score of 2.55, indicating it is in Grey Zones. This implies that Aluwind Infra-Tech 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 Aluwind Infra-Tech's Altman Z-Score or its related term are showing as below:

NSE:ALUWIND' s Altman Z-Score Range Over the Past 10 Years
Min: 2.46   Med: 2.93   Max: 3.39
Current: 2.55

During the past 6 years, Aluwind Infra-Tech's highest Altman Z-Score was 3.39. The lowest was 2.46. And the median was 2.93.


Aluwind Infra-Tech  (NSE:ALUWIND) 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.


Aluwind Infra-Tech Altman Z-Score Related Terms


Aluwind Infra-Tech Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Aluwind Infra-Tech'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.

Aluwind Infra-Tech Altman Z-Score Chart

Aluwind Infra-Tech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 3.39 2.46

Aluwind Infra-Tech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 3.39 0.00 2.46

NSE:ALUWIND vs TT, JCI, CARR: Altman Z-Score Comparison

For the Building Products & Equipment subindustry, Aluwind Infra-Tech'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.


Aluwind Infra-Tech Altman Z-Score vs Construction Industry

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

* The bar in red indicates where Aluwind Infra-Tech's Altman Z-Score falls into.


NSE:ALUWIND
43GF Score
Aluwind Infra-Tech Ltd NSE:ALUWIND
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Aluwind Infra-Tech 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.

Aluwind Infra-Tech'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*0.3027+1.4*0+3.3*0.1009+0.6*1.6441+1.0*0.8637
=2.55

* 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 ₹1,604 Mil.
Total Current Assets was ₹1,361 Mil.
Total Current Liabilities was ₹875 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was ₹140 Mil.
Interest Expense was ₹-22 Mil.
Revenue was ₹1,386 Mil.
Market Cap (Today) was ₹1,485 Mil.
Total Liabilities was ₹903 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
=(1360.788 - 875.18)/1604.407
=0.3027

X2=Retained Earnings/Total Assets
=0/1604.407
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(140.199 - -21.629)/1604.407
=0.1009

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1484.633/903.003
=1.6441

X5=Revenue/Total Assets
=1385.649/1604.407
=0.8637

The zones of discrimination were as such:

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

Aluwind Infra-Tech has a Altman Z-Score of 2.55 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 2.55 mean?
Aluwind Infra-Tech (NSE:ALUWIND) has a Altman Z-Score of 2.55 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Aluwind Infra-Tech and its competitors. This is 13% below median its historical median of 2.93. Over the past decade, Aluwind Infra-Tech's Altman Z-Score has ranged from 2.46 to 3.39. According to the industry distribution chart, Aluwind Infra-Tech ranks #766 out of 1753 companies in the Construction industry, placing it in the top 43.7%.
Is Aluwind Infra-Tech's Altman Z-Score too high?
Aluwind Infra-Tech's current Altman Z-Score of 2.55 is 13% below median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 3.39. The Construction industry median Altman Z-Score is 2.34. Aluwind Infra-Tech's value of 2.55 is 9% above this industry median. Based on the distribution chart, Aluwind Infra-Tech ranks #766 out of 1753 companies in the Construction industry, which is above the industry midpoint. Overall, Aluwind Infra-Tech has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Aluwind Infra-Tech's Altman Z-Score compare to TT and JCI?
According to the Construction industry distribution chart, Aluwind Infra-Tech ranks #766 out of 1753 companies for Altman Z-Score. This puts Aluwind Infra-Tech in the upper half of its industry. The industry median Altman Z-Score is 2.34. Aluwind Infra-Tech's value of 2.55 is 9% above this benchmark. Historically, Aluwind Infra-Tech's own Altman Z-Score has ranged from 2.46 to 3.39 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 2.34, Aluwind Infra-Tech 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 2.34, based on 1,753 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. Aluwind Infra-Tech's current Altman Z-Score of 2.55 is 9% 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 Aluwind Infra-Tech and its competitors. For the Construction industry, the median Altman Z-Score is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aluwind Infra-Tech's current Altman Z-Score is 2.55, which is 13% below median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluwind Infra-Tech stock overvalued right now?
Aluwind Infra-Tech (NSE:ALUWIND) has a current Altman Z-Score of 2.55. The current Altman Z-Score is 2.55, which is 13% below median its 10-year median of 2.93 and 9% above the Construction industry median of 2.34. Aluwind Infra-Tech's overall GF Score™ is 43/100 with 5 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 Aluwind Infra-Tech (NSE:ALUWIND), the current Altman Z-Score is 2.55 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.

Aluwind Infra-Tech Business Description

Address Link Road, 604, Palm Spring Centre, Malad (West), Mumbai, MH, IND, 400064
Aluwind Infra-Tech Ltd formerly Aluwind Architectural Ltd is engaged in manufacturing and installing a diverse range of aluminum products. It includes windows, doors, curtain walls, cladding, and glazing systems, all meticulously crafted to meet the needs of architects, consultants, builders, institutions, and corporations.
43GF Score

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