Dhoot Transmission (NSE:DHOOTTRANS) Altman Z-Score: 11.93 (As of Aug. 31, 2026)

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NSE:DHOOTTRANS Dhoot Transmission Ltd NSE:DHOOTTRANS
17 GF Score
Price ₹1,454.90
! 2 Warning Signs
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What is Dhoot Transmission Altman Z-Score?

Dhoot Transmission NSE:DHOOTTRANS -3.00% 17 Altman Z-Score is 11.93 as of Aug. 31, 2026. GuruFocus rates NSE:DHOOTTRANS with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Dhoot Transmission ranks worse than 76045.55% 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.

Dhoot Transmission has a Altman Z-Score of 11.93, 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 Dhoot Transmission's Altman Z-Score or its related term are showing as below:


Dhoot Transmission  (NSE:DHOOTTRANS) 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.


Dhoot Transmission Altman Z-Score Related Terms


Dhoot Transmission Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Dhoot Transmission'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.

Dhoot Transmission Altman Z-Score Chart

Dhoot Transmission Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 0.00

Dhoot Transmission Quarterly Data
Mar23 Mar24 Mar25 Dec25 Mar26
Altman Z-Score 0.00 0.00 0.00 0.00 0.00

NSE:DHOOTTRANS vs ORLY, AZO, GPC: Altman Z-Score Comparison

For the Auto Parts subindustry, Dhoot Transmission'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.


Dhoot Transmission Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dhoot Transmission's Altman Z-Score distribution charts can be found below:

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


NSE:DHOOTTRANS
17GF Score
Dhoot Transmission Ltd NSE:DHOOTTRANS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Dhoot Transmission 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.

Dhoot Transmission'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*0.3081+1.4*0.3606+3.3*0.0344+0.6*17.7154+1.0*0.3083
=11.93

* 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 ₹41,148 Mil.
Total Current Assets was ₹26,199 Mil.
Total Current Liabilities was ₹13,521 Mil.
Retained Earnings was ₹14,837 Mil.
Pre-Tax Income was 1246.05 + 0 + 0 + 0 = ₹1,246 Mil.
Interest Expense was -171.16 + 0 + 0 + 0 = ₹-171 Mil.
Revenue was 12687.2 + 0 + 0 + 0 = ₹12,687 Mil.
Market Cap (Today) was ₹297,597 Mil.
Total Liabilities was ₹16,799 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
=(26198.98 - 13521.12)/41148.25
=0.3081

X2=Retained Earnings/Total Assets
=14837.02/41148.25
=0.3606

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1246.05 - -171.16)/41148.25
=0.0344

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=297596.968/16798.74
=17.7154

X5=Revenue/Total Assets
=12687.2/41148.25
=0.3083

The zones of discrimination were as such:

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

Dhoot Transmission has a Altman Z-Score of 11.93 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 11.93 mean?
Dhoot Transmission (NSE:DHOOTTRANS) has a Altman Z-Score of 11.93 as of Aug. 31, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Dhoot Transmission and its competitors. According to the industry distribution chart, Dhoot Transmission ranks #999999 out of 1315 companies in the Vehicles & Parts industry.
Is Dhoot Transmission's Altman Z-Score too high?
Dhoot Transmission's current Altman Z-Score is 11.93. The Vehicles & Parts industry median Altman Z-Score is 2.55. Dhoot Transmission's value of 11.93 is 367.8% above this industry median. Based on the distribution chart, Dhoot Transmission ranks #999999 out of 1315 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Dhoot Transmission has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Dhoot Transmission's Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Dhoot Transmission ranks #999999 out of 1315 companies for Altman Z-Score. This places Dhoot Transmission in the lower half of its industry. The industry median Altman Z-Score is 2.55. Dhoot Transmission's value of 11.93 is 367.8% above this benchmark. 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.55, based on 1,315 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. Dhoot Transmission's current Altman Z-Score of 11.93 is 367.8% 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 Dhoot Transmission and its competitors. For the Vehicles & Parts 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. Dhoot Transmission's current Altman Z-Score is 11.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhoot Transmission stock overvalued right now?
Dhoot Transmission (NSE:DHOOTTRANS) has a current Altman Z-Score of 11.93. The current Altman Z-Score is 11.93 and 367.8% above the Vehicles & Parts industry median of 2.55. Dhoot Transmission's overall GF Score™ is 17/100 with 2 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 Dhoot Transmission (NSE:DHOOTTRANS), the current Altman Z-Score is 11.93 as of Aug. 31, 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.

Dhoot Transmission Business Description

Other Exchanges 544867:India
Address Paithan Road, Gut No. 102, Farola III, Chhatrapati Sambhajinagar, MH, IND, 431 105
Dhoot Transmission Ltd is engaged in the business of designing, engineering, manufacturing and supplying critical wiring harnesses that integrate electronic sensors and controllers, switches, terminals, connectors, junction boxes, high-voltage interconnection systems and data cables for internal combustion engine (ICE) vehicles and electric vehicles (EV). It serves both automotive and non-automotive applications. The company's offerings also include battery packs, switches, sensors (such as ABS sensors and lean angle sensors), controllers (such as USB chargers and light control modules), and power supply cords. The majority of the company's revenue is derived from the design, manufacture and sale of critical wiring harnesses.
17GF Score

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