Infollion Research Services (NSE:INFOLLION) Altman Z-Score: 30.91 (As of Jun. 26, 2026) — 24% Below Median


NSE:INFOLLION Infollion Research Services Ltd NSE:INFOLLION
73 GF Score
Price ₹171.55
GF Value ₹573.55
Valuation Possible Value Trap
! 3 Warning Signs
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What is Infollion Research Services Altman Z-Score?

Infollion Research Services NSE:INFOLLION +0.29% 73 Altman Z-Score is 30.91 as of Jun. 26, 2026, which is 24% below its 10-year median of 40.93. GuruFocus rates NSE:INFOLLION with a GF Score™ of 73/100 and a GF Value™ of ₹573.55 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,060 Business Services companies, Infollion Research Services ranks better than 97.64% 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 30.98 is strong.

Infollion Research Services has a Altman Z-Score of 30.91, 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 Infollion Research Services's Altman Z-Score or its related term are showing as below:

NSE:INFOLLION' s Altman Z-Score Range Over the Past 10 Years
Min: 24.09   Med: 40.93   Max: 49.37
Current: 30.98

During the past 7 years, Infollion Research Services's highest Altman Z-Score was 49.37. The lowest was 24.09. And the median was 40.93.


Infollion Research Services  (NSE:INFOLLION) 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.


Infollion Research Services Altman Z-Score Related Terms


Infollion Research Services Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Infollion Research Services'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.

Infollion Research Services Altman Z-Score Chart

Infollion Research Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 24.09 40.93 49.37

Infollion Research Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 24.09 0.00 40.93 0.00 49.37

NSE:INFOLLION vs KFY, RHI, TNET: Altman Z-Score Comparison

For the Staffing & Employment Services subindustry, Infollion Research Services'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.


Infollion Research Services Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, Infollion Research Services's Altman Z-Score distribution charts can be found below:

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


NSE:INFOLLION
73GF Score
Infollion Research Services Ltd NSE:INFOLLION
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infollion Research Services 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.

Infollion Research Services'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*0.8512+1.4*0+3.3*0.2451+0.6*46.1089+1.0*1.4141
=30.91

* 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 ₹709 Mil.
Total Current Assets was ₹633 Mil.
Total Current Liabilities was ₹29 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was ₹169 Mil.
Interest Expense was ₹-4 Mil.
Revenue was ₹1,003 Mil.
Market Cap (Today) was ₹1,664 Mil.
Total Liabilities was ₹36 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
=(632.56 - 28.693)/709.425
=0.8512

X2=Retained Earnings/Total Assets
=0/709.425
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(169.437 - -4.411)/709.425
=0.2451

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1663.516/36.078
=46.1089

X5=Revenue/Total Assets
=1003.197/709.425
=1.4141

The zones of discrimination were as such:

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

Infollion Research Services has a Altman Z-Score of 30.91 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 30.91 mean?
Infollion Research Services (NSE:INFOLLION) has a Altman Z-Score of 30.91 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Infollion Research Services and its competitors. This is 24% below median its historical median of 40.93. Over the past decade, Infollion Research Services' Altman Z-Score has ranged from 24.09 to 49.37. According to the industry distribution chart, Infollion Research Services ranks #25 out of 1060 companies in the Business Services industry, placing it in the top 2.4%.
Is Infollion Research Services' Altman Z-Score too high?
Infollion Research Services' current Altman Z-Score of 30.91 is 24% below median its 10-year median of 40.93. Over the past 10 years, this metric has ranged from a low of 24.09 to a high of 49.37. The Business Services industry median Altman Z-Score is 2.97. Infollion Research Services' value of 30.91 is 940.7% above this industry median. Based on the distribution chart, Infollion Research Services ranks #25 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Infollion Research Services has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Infollion Research Services' Altman Z-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Infollion Research Services ranks #25 out of 1060 companies for Altman Z-Score. This places Infollion Research Services in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. Infollion Research Services' value of 30.91 is 940.7% above this benchmark. Historically, Infollion Research Services' own Altman Z-Score has ranged from 24.09 to 49.37 over the past decade. While the company's 10-year median is 40.93 vs. the industry median of 2.97, Infollion Research Services 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,060 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. Infollion Research Services's current Altman Z-Score of 30.91 is 940.7% 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 Infollion Research Services and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infollion Research Services's current Altman Z-Score is 30.91, which is 24% below median its own 10-year median of 40.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infollion Research Services stock overvalued right now?
Based on GuruFocus' analysis, Infollion Research Services (NSE:INFOLLION) is currently considered Possible Value Trap. The stock's GF Value™ is ₹573.55, compared to a current price of ₹171.55 — trading 70.1% below its estimated fair value. The current Altman Z-Score is 30.91, which is 24% below median its 10-year median of 40.93 and 940.7% above the Business Services industry median of 2.97. Infollion Research Services' overall GF Score™ is 73/100 with 3 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 Infollion Research Services (NSE:INFOLLION), the current Altman Z-Score is 30.91 as of Jun. 26, 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 Infollion Research Services (NSE:INFOLLION) Overvalued in 2026?

Based on GuruFocus' analysis, Infollion Research Services stock appears to be undervalued. The current stock price of ₹171.55 is trading 70.1% below its estimated GF Value™ of ₹573.55. GuruFocus considers Infollion Research Services to be Possible Value Trap.

Key valuation signals for NSE:INFOLLION:

  • Altman Z-Score: 30.91 (24% below median its 10-year median of 40.93)
  • GF Value™: ₹573.55 vs. price of ₹171.55 (70.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 940.7% above the Business Services median (#25 of 1060)

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


Infollion Research Services Business Description

Address Unitech Cyber Park, 5th Floor, Tower-C, Sector - 39, Gurugram, HR, IND, 122001
Infollion Research Services Ltd is a tech-oriented marketplace, operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals. It provides a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes. The company operates only in one business segment, On-demand Contingent Hiring.
73GF Score

Get the complete analysis for NSE:INFOLLION

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

₹171.55
Price
₹573.55
GF Value