Avi Ansh Textile (NSE:AVIANSH) Altman Z-Score: 4.10 (As of Jul. 07, 2026) — 14% Below Median


NSE:AVIANSH Avi Ansh Textile Ltd NSE:AVIANSH
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What is Avi Ansh Textile Altman Z-Score?

Avi Ansh Textile NSE:AVIANSH -1.86% 40 Altman Z-Score is 4.10 as of Jul. 07, 2026, which is 14% below its 10-year median of 4.74. GuruFocus rates NSE:AVIANSH with a GF Score™ of 40/100. The stock has 9 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Avi Ansh Textile ranks better than 75.02% 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 4.14 is strong.

Avi Ansh Textile has a Altman Z-Score of 4.10, 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 Avi Ansh Textile's Altman Z-Score or its related term are showing as below:

NSE:AVIANSH' s Altman Z-Score Range Over the Past 10 Years
Min: 4.14   Med: 4.74   Max: 5.31
Current: 4.14

During the past 6 years, Avi Ansh Textile's highest Altman Z-Score was 5.31. The lowest was 4.14. And the median was 4.74.


Avi Ansh Textile  (NSE:AVIANSH) 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.


Avi Ansh Textile Altman Z-Score Related Terms


Avi Ansh Textile Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Avi Ansh Textile'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.

Avi Ansh Textile Altman Z-Score Chart

Avi Ansh Textile Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 5.31 4.17

Avi Ansh Textile Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 2.66 5.31 4.17

Avi Ansh Textile Altman Z-Score Competitor Comparison

For the Textile Manufacturing subindustry, Avi Ansh Textile'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.


Avi Ansh Textile Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Avi Ansh Textile's Altman Z-Score falls into.


NSE:AVIANSH
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Avi Ansh Textile Ltd NSE:AVIANSH
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Avi Ansh Textile 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.

Avi Ansh Textile'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*0.3346+1.4*0+3.3*0.043+0.6*3.2728+1.0*1.592
=4.10

* 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 ₹887.5 Mil.
Total Current Assets was ₹630.8 Mil.
Total Current Liabilities was ₹333.8 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹17.0 Mil.
Interest Expense was ₹-21.2 Mil.
Revenue was ₹1,412.9 Mil.
Market Cap (Today) was ₹1,474.6 Mil.
Total Liabilities was ₹450.5 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
=(630.787 - 333.803)/887.461
=0.3346

X2=Retained Earnings/Total Assets
=0/887.461
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(17.02 - -21.182)/887.461
=0.043

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1474.566/450.549
=3.2728

X5=Revenue/Total Assets
=1412.858/887.461
=1.592

The zones of discrimination were as such:

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

Avi Ansh Textile has a Altman Z-Score of 4.10 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 4.10 mean?
Avi Ansh Textile (NSE:AVIANSH) has a Altman Z-Score of 4.10 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Avi Ansh Textile and its competitors. This is 14% below median its historical median of 4.74. Over the past decade, Avi Ansh Textile's Altman Z-Score has ranged from 4.14 to 5.31. According to the industry distribution chart, Avi Ansh Textile ranks #256 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25%.
Is Avi Ansh Textile's Altman Z-Score too high?
Avi Ansh Textile's current Altman Z-Score of 4.10 is 14% below median its 10-year median of 4.74. Over the past 10 years, this metric has ranged from a low of 4.14 to a high of 5.31. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.55. Avi Ansh Textile's value of 4.10 is 60.8% above this industry median. Based on the distribution chart, Avi Ansh Textile ranks #256 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Avi Ansh Textile has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Avi Ansh Textile's Altman Z-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Avi Ansh Textile ranks #256 out of 1025 companies for Altman Z-Score. This places Avi Ansh Textile in the top 25% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.55. Avi Ansh Textile's value of 4.10 is 60.8% above this benchmark. Historically, Avi Ansh Textile's own Altman Z-Score has ranged from 4.14 to 5.31 over the past decade. While the company's 10-year median is 4.74 vs. the industry median of 2.55, Avi Ansh Textile 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.55, based on 1,025 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. Avi Ansh Textile's current Altman Z-Score of 4.10 is 60.8% 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 Avi Ansh Textile and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avi Ansh Textile's current Altman Z-Score is 4.10, which is 14% below median its own 10-year median of 4.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avi Ansh Textile stock overvalued right now?
Avi Ansh Textile (NSE:AVIANSH) has a current Altman Z-Score of 4.10. The current Altman Z-Score is 4.10, which is 14% below median its 10-year median of 4.74 and 60.8% above the Manufacturing - Apparel & Accessories industry median of 2.55. Avi Ansh Textile's overall GF Score™ is 40/100 with 9 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 Avi Ansh Textile (NSE:AVIANSH), the current Altman Z-Score is 4.10 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.

Avi Ansh Textile Business Description

Address 402, 4th Floor, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, Delhi, IND, 110034
Avi Ansh Textile Ltd manufactures and exports cotton yarn, including combed, carded, and hosiery yarns with various counts. The company operates spinning factories with a substantial spindle capacity producing tons of cotton yarn annually. Avi Ansh has expanded into fabric production and knitting, offering products such as Single Jersey, Rib Knit, and Interlock fabric. It serves domestic and international textile markets and generates revenue through the sale of its yarn and fabric products.
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