Gala Precision Engineering (NSE:GALAPREC) Altman Z-Score: 13.33 (As of Jul. 04, 2026) — 30% Above Median


NSE:GALAPREC Gala Precision Engineering Ltd NSE:GALAPREC
46 GF Score
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! 5 Warning Signs
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What is Gala Precision Engineering Altman Z-Score?

Gala Precision Engineering NSE:GALAPREC +0.47% 46 Altman Z-Score is 13.33 as of Jul. 04, 2026, which is 30% above its 10-year median of 10.26. GuruFocus rates NSE:GALAPREC with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 3,007 Industrial Products companies, Gala Precision Engineering ranks better than 90.82% 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 12.4 is strong.

Gala Precision Engineering has a Altman Z-Score of 13.33, 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 Gala Precision Engineering's Altman Z-Score or its related term are showing as below:

NSE:GALAPREC' s Altman Z-Score Range Over the Past 10 Years
Min: 8.81   Med: 10.26   Max: 12.4
Current: 12.4

During the past 6 years, Gala Precision Engineering's highest Altman Z-Score was 12.40. The lowest was 8.81. And the median was 10.26.


Gala Precision Engineering  (NSE:GALAPREC) 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.


Gala Precision Engineering Altman Z-Score Related Terms


Gala Precision Engineering Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Gala Precision Engineering'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.

Gala Precision Engineering Altman Z-Score Chart

Gala Precision Engineering Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 11.71 8.81

Gala Precision Engineering Quarterly Data
Mar21 Mar22 Mar23 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 11.71 12.60 9.71 10.07 8.81

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

For the Specialty Industrial Machinery subindustry, Gala Precision Engineering'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.


Gala Precision Engineering Altman Z-Score vs Industrial Products Industry

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

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


NSE:GALAPREC
46GF Score
Gala Precision Engineering Ltd NSE:GALAPREC
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Gala Precision Engineering 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.

Gala Precision Engineering'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*0.4619+1.4*0.3074+3.3*0.1235+0.6*18.5005+1.0*0.8393
=13.33

* 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 ₹3,745 Mil.
Total Current Assets was ₹2,440 Mil.
Total Current Liabilities was ₹710 Mil.
Retained Earnings was ₹1,151 Mil.
Pre-Tax Income was 146.2 + 110.3 + 95.6 + 81.8 = ₹434 Mil.
Interest Expense was -9.4 + -7.7 + -5.2 + -6.1 = ₹-28 Mil.
Revenue was 945.6 + 852.5 + 714.1 + 630.8 = ₹3,143 Mil.
Market Cap (Today) was ₹15,167 Mil.
Total Liabilities was ₹820 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
=(2439.5 - 709.7)/3744.7
=0.4619

X2=Retained Earnings/Total Assets
=1151/3744.7
=0.3074

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(433.9 - -28.4)/3744.7
=0.1235

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=15166.691/819.8
=18.5005

X5=Revenue/Total Assets
=3143/3744.7
=0.8393

The zones of discrimination were as such:

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

Gala Precision Engineering has a Altman Z-Score of 13.33 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 13.33 mean?
Gala Precision Engineering (NSE:GALAPREC) has a Altman Z-Score of 13.33 as of Jul. 04, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Gala Precision Engineering and its competitors. This is 30% above median its historical median of 10.26. Over the past decade, Gala Precision Engineering's Altman Z-Score has ranged from 8.81 to 12.40. According to the industry distribution chart, Gala Precision Engineering ranks #276 out of 3007 companies in the Industrial Products industry, placing it in the top 9.2%.
Is Gala Precision Engineering's Altman Z-Score too high?
Gala Precision Engineering's current Altman Z-Score of 13.33 is 30% above median its 10-year median of 10.26. Over the past 10 years, this metric has ranged from a low of 8.81 to a high of 12.40. The Industrial Products industry median Altman Z-Score is 3.35. Gala Precision Engineering's value of 13.33 is 297.9% above this industry median. Based on the distribution chart, Gala Precision Engineering ranks #276 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Gala Precision Engineering has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Gala Precision Engineering's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Gala Precision Engineering ranks #276 out of 3007 companies for Altman Z-Score. This places Gala Precision Engineering in the top 9% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.35. Gala Precision Engineering's value of 13.33 is 297.9% above this benchmark. Historically, Gala Precision Engineering's own Altman Z-Score has ranged from 8.81 to 12.40 over the past decade. While the company's 10-year median is 10.26 vs. the industry median of 3.35, Gala Precision Engineering 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.35, based on 3,007 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. Gala Precision Engineering's current Altman Z-Score of 13.33 is 297.9% 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 Gala Precision Engineering and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gala Precision Engineering's current Altman Z-Score is 13.33, which is 30% above median its own 10-year median of 10.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gala Precision Engineering stock overvalued right now?
Gala Precision Engineering (NSE:GALAPREC) has a current Altman Z-Score of 13.33. The current Altman Z-Score is 13.33, which is 30% above median its 10-year median of 10.26 and 297.9% above the Industrial Products industry median of 3.35. Gala Precision Engineering's overall GF Score™ is 46/100 with 5 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 Gala Precision Engineering (NSE:GALAPREC), the current Altman Z-Score is 13.33 as of Jul. 04, 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.

Gala Precision Engineering Business Description

Other Exchanges 544244:India
Address Ghodbunder Road Majiwade, A-801, 8th Floor, Thane One DIL Complex, Thane West, Thane, MH, IND, 400610
Gala Precision Engineering Ltd is engaged in the manufacturing and selling of Springs, Parts, Fasteners and Assemblies with its manufacturing facilities. The Company operates in a single operating segment. The company generates majority of revenue from India followed by Outside India. Its products are Spring Technology which includes Disc Springs, Strip Springs, Coil & Spiral Springs; Fastening Solutions includes High Tensile Fasteners, Gallock-Wedge Lock Washers, Grip Lock Washers. Its industries are Renewable Energy, Industrial, and Mobility.
46GF Score

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