Baheti Recycling Industries (NSE:BAHETI) Altman Z-Score: 5.42 (As of Jul. 25, 2026) — 23% Above Median

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NSE:BAHETI Baheti Recycling Industries Ltd NSE:BAHETI
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What is Baheti Recycling Industries Altman Z-Score?

Baheti Recycling Industries NSE:BAHETI +0.74% 59 Altman Z-Score is 5.42 as of Jul. 25, 2026, which is 23% above its 10-year median of 4.40. GuruFocus rates NSE:BAHETI with a GF Score™ of 59/100. The stock has 7 warning signs investors should review. Among 784 Metals & Mining companies, Baheti Recycling Industries ranks better than 71.56% 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 5.42 is strong.

Baheti Recycling Industries has a Altman Z-Score of 5.42, 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 Baheti Recycling Industries's Altman Z-Score or its related term are showing as below:

NSE:BAHETI' s Altman Z-Score Range Over the Past 10 Years
Min: 4.23   Med: 4.4   Max: 5.42
Current: 5.42

During the past 6 years, Baheti Recycling Industries's highest Altman Z-Score was 5.42. The lowest was 4.23. And the median was 4.40.


Baheti Recycling Industries  (NSE:BAHETI) 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.


Baheti Recycling Industries Altman Z-Score Related Terms


Baheti Recycling Industries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Baheti Recycling 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.

Baheti Recycling Industries Altman Z-Score Chart

Baheti Recycling Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 4.23 4.40 5.00

Baheti Recycling Industries Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 4.23 4.40 5.00

NSE:BAHETI vs AA: Altman Z-Score Comparison

For the Aluminum subindustry, Baheti Recycling 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.


Baheti Recycling Industries Altman Z-Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baheti Recycling Industries's Altman Z-Score distribution charts can be found below:

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


NSE:BAHETI
59GF Score
Baheti Recycling Industries Ltd NSE:BAHETI
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Baheti Recycling 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.

Baheti Recycling 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*0.2134+1.4*0.1571+3.3*0.1555+0.6*3.8805+1.0*2.1073
=5.42

* 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 ₹2,488 Mil.
Total Current Assets was ₹2,265 Mil.
Total Current Liabilities was ₹1,734 Mil.
Retained Earnings was ₹391 Mil.
Pre-Tax Income was ₹241 Mil.
Interest Expense was ₹-146 Mil.
Revenue was ₹5,243 Mil.
Market Cap (Today) was ₹7,361 Mil.
Total Liabilities was ₹1,897 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
=(2264.81 - 1733.842)/2488.042
=0.2134

X2=Retained Earnings/Total Assets
=390.949/2488.042
=0.1571

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(241.161 - -145.817)/2488.042
=0.1555

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=7360.619/1896.808
=3.8805

X5=Revenue/Total Assets
=5243.068/2488.042
=2.1073

The zones of discrimination were as such:

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

Baheti Recycling Industries has a Altman Z-Score of 5.42 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 5.42 mean?
Baheti Recycling Industries (NSE:BAHETI) has a Altman Z-Score of 5.42 as of Jul. 25, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Baheti Recycling Industries and its competitors. This is 23% above median its historical median of 4.40. Over the past decade, Baheti Recycling Industries' Altman Z-Score has ranged from 4.23 to 5.42. According to the industry distribution chart, Baheti Recycling Industries ranks #223 out of 784 companies in the Metals & Mining industry, placing it in the top 28.4%.
Is Baheti Recycling Industries' Altman Z-Score too high?
Baheti Recycling Industries' current Altman Z-Score of 5.42 is 23% above median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 4.23 to a high of 5.42. The Metals & Mining industry median Altman Z-Score is 3.25. Baheti Recycling Industries' value of 5.42 is 67% above this industry median. Based on the distribution chart, Baheti Recycling Industries ranks #223 out of 784 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Baheti Recycling Industries has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Baheti Recycling Industries' Altman Z-Score compare to AA?
According to the Metals & Mining industry distribution chart, Baheti Recycling Industries ranks #223 out of 784 companies for Altman Z-Score. This puts Baheti Recycling Industries in the upper half of its industry. The industry median Altman Z-Score is 3.25. Baheti Recycling Industries' value of 5.42 is 67% above this benchmark. Historically, Baheti Recycling Industries' own Altman Z-Score has ranged from 4.23 to 5.42 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 3.25, Baheti Recycling Industries 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 Metals & Mining company?
The median Altman Z-Score among Metals & Mining companies is 3.25, based on 784 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. Baheti Recycling Industries's current Altman Z-Score of 5.42 is 67% 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 Baheti Recycling Industries and its competitors. For the Metals & Mining industry, the median Altman Z-Score is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baheti Recycling Industries's current Altman Z-Score is 5.42, which is 23% above median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baheti Recycling Industries stock overvalued right now?
Baheti Recycling Industries (NSE:BAHETI) has a current Altman Z-Score of 5.42. The current Altman Z-Score is 5.42, which is 23% above median its 10-year median of 4.40 and 67% above the Metals & Mining industry median of 3.25. Baheti Recycling Industries' overall GF Score™ is 59/100 with 7 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 Baheti Recycling Industries (NSE:BAHETI), the current Altman Z-Score is 5.42 as of Jul. 25, 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.

Baheti Recycling Industries Business Description

Address A-2/3, L.R. Apartments, Opposite Police Commissioner Office, Shahibaug, Ahmedabad, GJ, IND, 380 004
Baheti Recycling Industries Ltd is an aluminium recycling company, mainly engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. Its products are being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc.
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