Batliboi (NSE:BATLIBOI) Altman Z-Score: 2.55 (As of Jul. 16, 2026) — 71% Above Median

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NSE:BATLIBOI Batliboi Ltd NSE:BATLIBOI
76 GF Score
Price ₹83.76
GF Value ₹89.17
Valuation Fairly Valued
! 4 Warning Signs
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What is Batliboi Altman Z-Score?

Batliboi NSE:BATLIBOI +0.70% 76 Altman Z-Score is 2.55 as of Jul. 16, 2026, which is 71% above its 10-year median of 1.49. GuruFocus rates NSE:BATLIBOI with a GF Score™ of 76/100 and a GF Value™ of ₹89.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,006 Industrial Products companies, Batliboi ranks worse than 64.6% 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.

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

NSE:BATLIBOI' s Altman Z-Score Range Over the Past 10 Years
Min: 0.85   Med: 1.49   Max: 2.73
Current: 2.55

During the past 13 years, Batliboi's highest Altman Z-Score was 2.73. The lowest was 0.85. And the median was 1.49.


Batliboi  (NSE:BATLIBOI) 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.


Batliboi Altman Z-Score Related Terms


Batliboi Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Batliboi'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.

Batliboi Altman Z-Score Chart

Batliboi 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 1.59 2.24 2.73 2.58 2.36

Batliboi 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 2.58 3.18 2.41 2.55 2.36

NSE:BATLIBOI vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Batliboi'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.


Batliboi Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Batliboi's Altman Z-Score distribution charts can be found below:

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


NSE:BATLIBOI
76GF Score
Batliboi Ltd NSE:BATLIBOI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Batliboi 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.

Batliboi'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*0.1532+1.4*0.2433+3.3*0.0297+0.6*1.6597+1.0*0.9365
=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 ₹4,703 Mil.
Total Current Assets was ₹2,134 Mil.
Total Current Liabilities was ₹1,414 Mil.
Retained Earnings was ₹1,144 Mil.
Pre-Tax Income was 54.899 + -26.871 + 77.482 + -27.279 = ₹78 Mil.
Interest Expense was -13.48 + -20.279 + -12.695 + -14.885 = ₹-61 Mil.
Revenue was 1256.292 + 1243.208 + 1209.37 + 695.449 = ₹4,404 Mil.
Market Cap (Today) was ₹3,965 Mil.
Total Liabilities was ₹2,389 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
=(2134.266 - 1413.658)/4703.162
=0.1532

X2=Retained Earnings/Total Assets
=1144.43/4703.162
=0.2433

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(78.231 - -61.339)/4703.162
=0.0297

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=3964.746/2388.816
=1.6597

X5=Revenue/Total Assets
=4404.319/4703.162
=0.9365

The zones of discrimination were as such:

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

Batliboi 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?
Batliboi (NSE:BATLIBOI) has a Altman Z-Score of 2.55 as of Jul. 16, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Batliboi and its competitors. This is 71% above median its historical median of 1.49. Over the past decade, Batliboi's Altman Z-Score has ranged from 0.85 to 2.73. According to the industry distribution chart, Batliboi ranks #1942 out of 3006 companies in the Industrial Products industry, placing it in the top 64.6%.
Is Batliboi's Altman Z-Score too high?
Batliboi's current Altman Z-Score of 2.55 is 71% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.73. The Industrial Products industry median Altman Z-Score is 3.32. Batliboi's value of 2.55 is 23.2% below this industry median. Based on the distribution chart, Batliboi ranks #1942 out of 3006 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Batliboi has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Batliboi's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Batliboi ranks #1942 out of 3006 companies for Altman Z-Score. This places Batliboi in the lower half of its industry. The industry median Altman Z-Score is 3.32. Batliboi's value of 2.55 is 23.2% below this benchmark. Historically, Batliboi's own Altman Z-Score has ranged from 0.85 to 2.73 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 3.32, Batliboi 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.32, based on 3,006 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. Batliboi's current Altman Z-Score of 2.55 is 23.2% 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 Batliboi and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Batliboi's current Altman Z-Score is 2.55, which is 71% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Batliboi stock overvalued right now?
Based on GuruFocus' analysis, Batliboi (NSE:BATLIBOI) is currently considered Fairly Valued. The stock's GF Value™ is ₹89.17, compared to a current price of ₹83.76 — trading 6.1% below its estimated fair value. The current Altman Z-Score is 2.55, which is 71% above median its 10-year median of 1.49 and 23.2% below the Industrial Products industry median of 3.32. Batliboi's overall GF Score™ is 76/100 with 4 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 Batliboi (NSE:BATLIBOI), the current Altman Z-Score is 2.55 as of Jul. 16, 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 Batliboi (NSE:BATLIBOI) Overvalued in 2026?

Based on GuruFocus' analysis, Batliboi stock appears to be undervalued. The current stock price of ₹83.76 is trading 6.1% below its estimated GF Value™ of ₹89.17. GuruFocus considers Batliboi to be Fairly Valued.

Key valuation signals for NSE:BATLIBOI:

  • Altman Z-Score: 2.55 (71% above median its 10-year median of 1.49)
  • GF Value™: ₹89.17 vs. price of ₹83.76 (6.1% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 23.2% below the Industrial Products median (#1942 of 3006)

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


Batliboi Business Description

Other Exchanges 522004:India
Address 104, Bombay Samachar Marg, Bharat House, 5th Floor, Fort, Mumbai, MH, IND, 400001
Batliboi Ltd is an Indian company engaged in the manufacturing and trading of sophisticated machinery for different industry verticals such as Textile Engineering, Environmental Engineering, Machine Tools, and Others. It offers metal cutting and metal forming machines, industrial equipment, air engineering equipment such as high efficiency fans, air washer systems, chiller packages, rotary drum filters, etc., and different machines for spinning, knitting, and processing of yarns in the textile industry. The group operates in a single segment, Industrial Equipment. Geographically, it generates maximum revenue from its business in India, and also has some exposure to foreign markets.
76GF Score

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

₹83.76
Price
₹89.17
GF Value