Dilip Buildcon (NSE:DBL) Altman Z-Score: 1.55 (As of Jul. 03, 2026) — Near Median


NSE:DBL Dilip Buildcon Ltd NSE:DBL
69 GF Score
Price ₹437.30
GF Value ₹323.47
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Dilip Buildcon Altman Z-Score?

Dilip Buildcon NSE:DBL -0.96% 69 Altman Z-Score is 1.55 as of Jul. 03, 2026, which is 3% below its 10-year median of 1.59. GuruFocus rates NSE:DBL with a GF Score™ of 69/100 and a GF Value™ of ₹323.47 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,753 Construction companies, Dilip Buildcon ranks worse than 68.74% 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.

Dilip Buildcon has a Altman Z-Score of 1.55, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

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 Dilip Buildcon's Altman Z-Score or its related term are showing as below:

NSE:DBL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.16   Med: 1.59   Max: 2.35
Current: 1.56

During the past 13 years, Dilip Buildcon's highest Altman Z-Score was 2.35. The lowest was 1.16. And the median was 1.59.


Dilip Buildcon  (NSE:DBL) 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.


Dilip Buildcon Altman Z-Score Related Terms


Dilip Buildcon Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dilip Buildcon'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.

Dilip Buildcon Altman Z-Score Chart

Dilip Buildcon 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 1.16 1.34 1.71 1.67 1.51

Dilip Buildcon 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 1.67 1.66 1.43 1.39 1.51

NSE:DBL vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Dilip Buildcon'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.


Dilip Buildcon Altman Z-Score vs Construction Industry

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

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


NSE:DBL
69GF Score
Dilip Buildcon Ltd NSE:DBL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dilip Buildcon 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.

Dilip Buildcon'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*0.1791+1.4*0+3.3*0.1515+0.6*0.5946+1.0*0.4751
=1.55

* 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 ₹189,082 Mil.
Total Current Assets was ₹94,021 Mil.
Total Current Liabilities was ₹60,155 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 1530.863 + 7128.64 + 2647.313 + 3305.089 = ₹14,612 Mil.
Interest Expense was -2359.826 + -3490.533 + -3201.884 + -4975.285 = ₹-14,028 Mil.
Revenue was 22998.066 + 21378.969 + 19258.887 + 26203.39 = ₹89,839 Mil.
Market Cap (Today) was ₹71,037 Mil.
Total Liabilities was ₹119,467 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
=(94020.711 - 60154.895)/189081.814
=0.1791

X2=Retained Earnings/Total Assets
=0/189081.814
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(14611.905 - -14027.528)/189081.814
=0.1515

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=71037.125/119466.726
=0.5946

X5=Revenue/Total Assets
=89839.312/189081.814
=0.4751

The zones of discrimination were as such:

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

Dilip Buildcon has a Altman Z-Score of 1.55 indicating it is in Distress 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 1.55 mean?
Dilip Buildcon (NSE:DBL) has a Altman Z-Score of 1.55 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dilip Buildcon and its competitors. This is near median its historical median of 1.59. Over the past decade, Dilip Buildcon's Altman Z-Score has ranged from 1.16 to 2.35. According to the industry distribution chart, Dilip Buildcon ranks #1205 out of 1753 companies in the Construction industry, placing it in the top 68.7%.
Is Dilip Buildcon's Altman Z-Score too high?
Dilip Buildcon's current Altman Z-Score of 1.55 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 2.35. The Construction industry median Altman Z-Score is 2.33. Dilip Buildcon's value of 1.55 is 33.5% below this industry median. Based on the distribution chart, Dilip Buildcon ranks #1205 out of 1753 companies in the Construction industry, which is below the industry midpoint. Overall, Dilip Buildcon has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dilip Buildcon's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Dilip Buildcon ranks #1205 out of 1753 companies for Altman Z-Score. This places Dilip Buildcon in the lower half of its industry. The industry median Altman Z-Score is 2.33. Dilip Buildcon's value of 1.55 is 33.5% below this benchmark. Historically, Dilip Buildcon's own Altman Z-Score has ranged from 1.16 to 2.35 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.33, Dilip Buildcon 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, 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. Dilip Buildcon's current Altman Z-Score of 1.55 is 33.5% 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 Dilip Buildcon and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dilip Buildcon's current Altman Z-Score is 1.55, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dilip Buildcon stock overvalued right now?
Based on GuruFocus' analysis, Dilip Buildcon (NSE:DBL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹323.47, compared to a current price of ₹437.30 — trading 35.2% above its estimated fair value. The current Altman Z-Score is 1.55, which is near median its 10-year median of 1.59 and 33.5% below the Construction industry median of 2.33. Dilip Buildcon's overall GF Score™ is 69/100 with 6 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 Dilip Buildcon (NSE:DBL), the current Altman Z-Score is 1.55 as of Jul. 03, 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 Dilip Buildcon (NSE:DBL) Overvalued in 2026?

Based on GuruFocus' analysis, Dilip Buildcon stock appears to be overvalued. The current stock price of ₹437.30 is trading 35.2% above its estimated GF Value™ of ₹323.47. GuruFocus considers Dilip Buildcon to be Significantly Overvalued.

Key valuation signals for NSE:DBL:

  • Altman Z-Score: 1.55 (near median its 10-year median of 1.59)
  • GF Value™: ₹323.47 vs. price of ₹437.30 (35.2% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 33.5% below the Construction median (#1205 of 1753)

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


Dilip Buildcon Business Description

Other Exchanges 540047:India
Address Kolar Road, Plot No. 5, Inside Govind Narayan Singh Gate, Janki Nagar, Chuna Bhatti, Bhopal, MP, IND, 462 016
Dilip Buildcon Ltd operates as a road construction company in India. It develops infrastructure facilities on an engineering, procurement, and construction basis and takes contracts from the government, other parties, and special-purpose vehicles. The Group has two business Segments: EPC Projects: Construction /Development of Infrastructure Project; Road Infrastructure Maintenance & Toll operations: Maintenance of Road Infrastructure & Toll Operations governed by the Concession agreements entered with the principals and Annuity Projects & Others. The company derives the majority of its revenue from the EPC projects segment.
69GF Score

Get the complete analysis for NSE:DBL

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

₹437.30
Price
₹323.47
GF Value