Ganesh Consumer Products (NSE:GANESHCP) Altman Z-Score: 13.67 (As of Jul. 22, 2026) — Near Median

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NSE:GANESHCP Ganesh Consumer Products Ltd NSE:GANESHCP
16 GF Score
Price ₹178.47
! 2 Warning Signs
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What is Ganesh Consumer Products Altman Z-Score?

Ganesh Consumer Products NSE:GANESHCP +3.23% 16 Altman Z-Score is 13.67 as of Jul. 22, 2026, which is 2% above its 10-year median of 13.43. GuruFocus rates NSE:GANESHCP with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 1,929 Consumer Packaged Goods companies, Ganesh Consumer Products ranks better than 94.66% 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 13.66 is strong.

Ganesh Consumer Products has a Altman Z-Score of 13.67, 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 Ganesh Consumer Products's Altman Z-Score or its related term are showing as below:

NSE:GANESHCP' s Altman Z-Score Range Over the Past 10 Years
Min: 13.43   Med: 13.43   Max: 13.66
Current: 13.66

During the past 5 years, Ganesh Consumer Products's highest Altman Z-Score was 13.66. The lowest was 13.43. And the median was 13.43.


Ganesh Consumer Products  (NSE:GANESHCP) 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.


Ganesh Consumer Products Altman Z-Score Related Terms


Ganesh Consumer Products Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Ganesh Consumer Products'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.

Ganesh Consumer Products Altman Z-Score Chart

Ganesh Consumer Products Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 0.00 13.43

Ganesh Consumer Products Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 7.93 0.40 13.43

NSE:GANESHCP vs KHC, GIS: Altman Z-Score Comparison

For the Packaged Foods subindustry, Ganesh Consumer Products'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.


Ganesh Consumer Products Altman Z-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ganesh Consumer Products's Altman Z-Score distribution charts can be found below:

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


NSE:GANESHCP
16GF Score
Ganesh Consumer Products Ltd NSE:GANESHCP
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Ganesh Consumer Products 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.

Ganesh Consumer Products'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*0.4095+1.4*0+3.3*0.4872+0.6*8.9644+1.0*6.1967
=13.67

* 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 ₹4,509 Mil.
Total Current Assets was ₹2,416 Mil.
Total Current Liabilities was ₹569 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 128.509 + 1623.59 + 149.262 + 62.161 = ₹1,964 Mil.
Interest Expense was -7.167 + -164.92 + -42.894 + -18.281 = ₹-233 Mil.
Revenue was 2180.449 + 21174.56 + 2386.603 + 2201.01 = ₹27,943 Mil.
Market Cap (Today) was ₹7,212 Mil.
Total Liabilities was ₹805 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
=(2415.584 - 569.061)/4509.251
=0.4095

X2=Retained Earnings/Total Assets
=0/4509.251
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1963.522 - -233.262)/4509.251
=0.4872

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=7212.498/804.567
=8.9644

X5=Revenue/Total Assets
=27942.622/4509.251
=6.1967

The zones of discrimination were as such:

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

Ganesh Consumer Products has a Altman Z-Score of 13.67 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 13.67 mean?
Ganesh Consumer Products (NSE:GANESHCP) has a Altman Z-Score of 13.67 as of Jul. 22, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Ganesh Consumer Products and its competitors. This is near median its historical median of 13.43. Over the past decade, Ganesh Consumer Products' Altman Z-Score has ranged from 13.43 to 13.66. According to the industry distribution chart, Ganesh Consumer Products ranks #103 out of 1929 companies in the Consumer Packaged Goods industry, placing it in the top 5.3%.
Is Ganesh Consumer Products' Altman Z-Score too high?
Ganesh Consumer Products' current Altman Z-Score of 13.67 is near median its 10-year median of 13.43. Over the past 10 years, this metric has ranged from a low of 13.43 to a high of 13.66. The Consumer Packaged Goods industry median Altman Z-Score is 2.85. Ganesh Consumer Products' value of 13.67 is 379.6% above this industry median. Based on the distribution chart, Ganesh Consumer Products ranks #103 out of 1929 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ganesh Consumer Products has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Ganesh Consumer Products' Altman Z-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ganesh Consumer Products ranks #103 out of 1929 companies for Altman Z-Score. This places Ganesh Consumer Products in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.85. Ganesh Consumer Products' value of 13.67 is 379.6% above this benchmark. Historically, Ganesh Consumer Products' own Altman Z-Score has ranged from 13.43 to 13.66 over the past decade. While the company's 10-year median is 13.43 vs. the industry median of 2.85, Ganesh Consumer Products 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 Consumer Packaged Goods company?
The median Altman Z-Score among Consumer Packaged Goods companies is 2.85, based on 1,929 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. Ganesh Consumer Products's current Altman Z-Score of 13.67 is 379.6% 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 Ganesh Consumer Products and its competitors. For the Consumer Packaged Goods industry, the median Altman Z-Score is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganesh Consumer Products's current Altman Z-Score is 13.67, which is near median its own 10-year median of 13.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganesh Consumer Products stock overvalued right now?
Ganesh Consumer Products (NSE:GANESHCP) has a current Altman Z-Score of 13.67. The current Altman Z-Score is 13.67, which is near median its 10-year median of 13.43 and 379.6% above the Consumer Packaged Goods industry median of 2.85. Ganesh Consumer Products' overall GF Score™ is 16/100 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 Ganesh Consumer Products (NSE:GANESHCP), the current Altman Z-Score is 13.67 as of Jul. 22, 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.

Ganesh Consumer Products Business Description

Other Exchanges 544528:India
Address 83, Topsia Road South, Trinity Tower, 3rd Floor, Kolkata, WB, IND, 700 046
Ganesh Consumer Products Ltd is an FMCG company. It offer a range of consumer staples comprising of whole wheat flour (atta), wheat and gram-based valueadded flour products (including, refined wheat flour (maida), semolina flour (sooji), roasted gram flour (sattu), gram flour (besan), cracked wheat (dalia) amongst others) and other emerging food products including packaged instant food mixes (such as khaman dhokla and bela kachori), spices (whole, CTC powder (chilli, turmeric and coriander) and blended), ethnic snacks (such as (including bhujia and chanachur) and ethnic flours such as singhara flour, pearl millet (bajri) flour, etc. Its products are sold under its flagship brand Ganesh.
16GF Score

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