Kandarp Digi Smart BPONSE:KANDARP -0.55%42 Altman Z-Score is 7.43 as of Jun. 30, 2026, which is 137% above its 10-year median of 3.13. GuruFocus rates NSE:KANDARP with a GF Score™ of 42/100 and a GF Value™ of ₹48.06 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,059 Business Services companies, Kandarp Digi Smart BPO ranks better than 87.16% 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 7.46 is strong.
Kandarp Digi Smart BPO has a Altman Z-Score of 7.43, 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 Kandarp Digi Smart BPO's Altman Z-Score or its related term are showing as below:
NSE:KANDARP'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.18 Med: 3.13 Max: 7.46
Current: 7.46
During the past 4 years, Kandarp Digi Smart BPO's highest Altman Z-Score was 7.46. The lowest was 2.18. And the median was 3.13.
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.
Altman Z-Score does not apply to financial companies.
Kandarp Digi Smart BPO Altman Z-Score Related Terms
Kandarp Digi Smart BPO Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Kandarp Digi Smart BPO'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.
Kandarp Digi Smart BPO Altman Z-Score Chart
Kandarp Digi Smart BPO Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Altman Z-Score
0.00
2.18
3.13
6.24
Kandarp Digi Smart BPO Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Altman Z-Score
0.00
2.18
3.13
6.24
NSE:KANDARP vs CTAS, CPRT, ULS: Altman Z-Score Comparison
For the Specialty Business Services subindustry, Kandarp Digi Smart BPO'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.
Kandarp Digi Smart BPO Altman Z-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Kandarp Digi Smart BPO's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Kandarp Digi Smart BPO's Altman Z-Score falls into.
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.
* 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.
Kandarp Digi Smart BPO (NSE:KANDARP) has a Altman Z-Score of 7.43 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kandarp Digi Smart BPO and its competitors. This is 137% above median its historical median of 3.13. Over the past decade, Kandarp Digi Smart BPO's Altman Z-Score has ranged from 2.18 to 7.46. According to the industry distribution chart, Kandarp Digi Smart BPO ranks #136 out of 1059 companies in the Business Services industry, placing it in the top 12.8%.
Is Kandarp Digi Smart BPO's Altman Z-Score too high?
Kandarp Digi Smart BPO's current Altman Z-Score of 7.43 is 137% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 7.46. The Business Services industry median Altman Z-Score is 2.96. Kandarp Digi Smart BPO's value of 7.43 is 151% above this industry median. Based on the distribution chart, Kandarp Digi Smart BPO ranks #136 out of 1059 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Kandarp Digi Smart BPO has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kandarp Digi Smart BPO's Altman Z-Score compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Kandarp Digi Smart BPO ranks #136 out of 1059 companies for Altman Z-Score. This places Kandarp Digi Smart BPO in the top 13% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.96. Kandarp Digi Smart BPO's value of 7.43 is 151% above this benchmark. Historically, Kandarp Digi Smart BPO's own Altman Z-Score has ranged from 2.18 to 7.46 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 2.96, Kandarp Digi Smart BPO 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 2.96, based on 1,059 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. Kandarp Digi Smart BPO's current Altman Z-Score of 7.43 is 151% 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 Kandarp Digi Smart BPO and its competitors. For the Business Services industry, the median Altman Z-Score is 2.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kandarp Digi Smart BPO's current Altman Z-Score is 7.43, which is 137% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kandarp Digi Smart BPO stock overvalued right now?
Based on GuruFocus' analysis, Kandarp Digi Smart BPO (NSE:KANDARP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹48.06, compared to a current price of ₹100.00 — trading 108.1% above its estimated fair value. The current Altman Z-Score is 7.43, which is 137% above median its 10-year median of 3.13 and 151% above the Business Services industry median of 2.96. Kandarp Digi Smart BPO's overall GF Score™ is 42/100 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 Kandarp Digi Smart BPO (NSE:KANDARP), the current Altman Z-Score is 7.43 as of Jun. 30, 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 Kandarp Digi Smart BPO (NSE:KANDARP) Overvalued in 2026?
Based on GuruFocus' analysis, Kandarp Digi Smart BPO stock appears to be overvalued.
The current stock price of ₹100.00 is trading 108.1% above its estimated GF Value™ of ₹48.06.
GuruFocus considers Kandarp Digi Smart BPO to be Significantly Overvalued.
Key valuation signals for NSE:KANDARP:
Altman Z-Score: 7.43 (137% above median its 10-year median of 3.13)
GF Value™: ₹48.06 vs. price of ₹100.00 (108.1% above fair value)
Industry Position: 151% above the Business Services median (#136 of 1059)
No single metric tells the full story. See the NSE:KANDARP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kandarp Digi Smart BPO Ltd is engaged in BPO services specializing in the area of support services solutions. The company provides a wide range of support services such as Call Centre, Contact Point Verifications, Site Visits, Document check/Pickup, E-KYC, Skip Tracing, Employee Back Check, Staffing Solutions, Payroll Management, Payment Collections (soft), AMC Booking Services and others to its clients and specializes in providing End to End solutions to customers/clients. It serves various Banks & NBFCs, Insurance Companies, Other Corporates, Small offices & shops, and Households.
42GF Score
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