Avadh Sugar & Energy (NSE:AVADHSUGAR) Altman Z-Score: 1.92 (As of Jul. 07, 2026) — 23% Above Median


NSE:AVADHSUGAR Avadh Sugar & Energy Ltd NSE:AVADHSUGAR
73 GF Score
Price ₹520.05
GF Value ₹527.73
Valuation Fairly Valued
! 11 Warning Signs
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What is Avadh Sugar & Energy Altman Z-Score?

Avadh Sugar & Energy NSE:AVADHSUGAR -3.22% 73 Altman Z-Score is 1.92 as of Jul. 07, 2026, which is 23% above its 10-year median of 1.56. GuruFocus rates NSE:AVADHSUGAR with a GF Score™ of 73/100 and a GF Value™ of ₹527.73 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,930 Consumer Packaged Goods companies, Avadh Sugar & Energy ranks worse than 76.01% 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 1.56 is in distress zone. This implies bankruptcy possibility in the next two years.

Avadh Sugar & Energy has a Altman Z-Score of 1.92, indicating it is in Grey Zones. This implies that Avadh Sugar & Energy 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 Avadh Sugar & Energy's Altman Z-Score or its related term are showing as below:

NSE:AVADHSUGAR' s Altman Z-Score Range Over the Past 10 Years
Min: 1.21   Med: 1.56   Max: 3.17
Current: 1.56

During the past 11 years, Avadh Sugar & Energy's highest Altman Z-Score was 3.17. The lowest was 1.21. And the median was 1.56.


Avadh Sugar & Energy  (NSE:AVADHSUGAR) 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.


Avadh Sugar & Energy Altman Z-Score Related Terms


Avadh Sugar & Energy Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Avadh Sugar & Energy'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.

Avadh Sugar & Energy Altman Z-Score Chart

Avadh Sugar & Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 3.17 1.95 1.87 1.53

Avadh Sugar & Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 1.87 1.88 2.52 2.48 1.53

NSE:AVADHSUGAR vs MDLZ, HSY, TR: Altman Z-Score Comparison

For the Confectioners subindustry, Avadh Sugar & Energy'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.


Avadh Sugar & Energy Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Avadh Sugar & Energy's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Avadh Sugar & Energy's Altman Z-Score falls into.


NSE:AVADHSUGAR
73GF Score
Avadh Sugar & Energy Ltd NSE:AVADHSUGAR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Avadh Sugar & Energy 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.

Avadh Sugar & Energy'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*0.0742+1.4*0.2521+3.3*0.0564+0.6*0.5885+1.0*0.9352
=1.92

* 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 ₹28,802 Mil.
Total Current Assets was ₹15,235 Mil.
Total Current Liabilities was ₹13,098 Mil.
Retained Earnings was ₹7,262 Mil.
Pre-Tax Income was 852.604 + 265.77 + -108.25 + -125.96 = ₹884 Mil.
Interest Expense was -212.667 + -109.083 + -158.062 + -261.335 = ₹-741 Mil.
Revenue was 6706.133 + 6381.471 + 6681.496 + 7166.081 = ₹26,935 Mil.
Market Cap (Today) was ₹10,333 Mil.
Total Liabilities was ₹17,557 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
=(15235.346 - 13097.853)/28802.027
=0.0742

X2=Retained Earnings/Total Assets
=7262.122/28802.027
=0.2521

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(884.164 - -741.147)/28802.027
=0.0564

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=10332.507/17557.422
=0.5885

X5=Revenue/Total Assets
=26935.181/28802.027
=0.9352

The zones of discrimination were as such:

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

Avadh Sugar & Energy has a Altman Z-Score of 1.92 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 1.92 mean?
Avadh Sugar & Energy (NSE:AVADHSUGAR) has a Altman Z-Score of 1.92 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Avadh Sugar & Energy and its competitors. This is 23% above median its historical median of 1.56. Over the past decade, Avadh Sugar & Energy's Altman Z-Score has ranged from 1.21 to 3.17. According to the industry distribution chart, Avadh Sugar & Energy ranks #1467 out of 1930 companies in the Consumer Packaged Goods industry, placing it in the top 76%.
Is Avadh Sugar & Energy's Altman Z-Score too high?
Avadh Sugar & Energy's current Altman Z-Score of 1.92 is 23% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 3.17. The Consumer Packaged Goods industry median Altman Z-Score is 2.86. Avadh Sugar & Energy's value of 1.92 is 32.9% below this industry median. Based on the distribution chart, Avadh Sugar & Energy ranks #1467 out of 1930 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Avadh Sugar & Energy has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Avadh Sugar & Energy's Altman Z-Score compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Avadh Sugar & Energy ranks #1467 out of 1930 companies for Altman Z-Score. This places Avadh Sugar & Energy in the lower half of its industry. The industry median Altman Z-Score is 2.86. Avadh Sugar & Energy's value of 1.92 is 32.9% below this benchmark. Historically, Avadh Sugar & Energy's own Altman Z-Score has ranged from 1.21 to 3.17 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 2.86, Avadh Sugar & Energy 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.86, based on 1,930 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. Avadh Sugar & Energy's current Altman Z-Score of 1.92 is 32.9% 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 Avadh Sugar & Energy and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avadh Sugar & Energy's current Altman Z-Score is 1.92, which is 23% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avadh Sugar & Energy stock overvalued right now?
Based on GuruFocus' analysis, Avadh Sugar & Energy (NSE:AVADHSUGAR) is currently considered Fairly Valued. The stock's GF Value™ is ₹527.73, compared to a current price of ₹520.05 — trading 1.5% below its estimated fair value. The current Altman Z-Score is 1.92, which is 23% above median its 10-year median of 1.56 and 32.9% below the Consumer Packaged Goods industry median of 2.86. Avadh Sugar & Energy's overall GF Score™ is 73/100 with 11 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 Avadh Sugar & Energy (NSE:AVADHSUGAR), the current Altman Z-Score is 1.92 as of Jul. 07, 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 Avadh Sugar & Energy (NSE:AVADHSUGAR) Overvalued in 2026?

Based on GuruFocus' analysis, Avadh Sugar & Energy stock appears to be undervalued. The current stock price of ₹520.05 is trading 1.5% below its estimated GF Value™ of ₹527.73. GuruFocus considers Avadh Sugar & Energy to be Fairly Valued.

Key valuation signals for NSE:AVADHSUGAR:

  • Altman Z-Score: 1.92 (23% above median its 10-year median of 1.56)
  • GF Value™: ₹527.73 vs. price of ₹520.05 (1.5% below fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 32.9% below the Consumer Packaged Goods median (#1467 of 1930)

No single metric tells the full story. See the NSE:AVADHSUGAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avadh Sugar & Energy Business Description

Other Exchanges 540649:India
Address 9/1, R.N. Mukherjee Road, Birla Building, 5th Floor, Kolkata, WB, IND, 700001
Avadh Sugar & Energy Ltd is engaged in producing sugar and sugar by-products. Its product portfolio includes sugar, molasses, industrial alcohol and ethanol, tea, canned food, and fruit products. The company has three reportable segments: Sugar, Distillery, and Co-generation. The majority of its revenue is generated from the Sugar segment. Geographically, the company derives maximum revenue from its business in India.
73GF Score

Get the complete analysis for NSE:AVADHSUGAR

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹520.05
Price
₹527.73
GF Value