Kaushalya Infrastructure Development (NSE:KAUSHALYA) Altman Z-Score: 8.10 (As of Jul. 01, 2026)


NSE:KAUSHALYA Kaushalya Infrastructure Development Corp Ltd NSE:KAUSHALYA
60 GF Score
Price ₹883.00
GF Value ₹6,013.44
Valuation Possible Value Trap
! 3 Warning Signs
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What is Kaushalya Infrastructure Development Altman Z-Score?

Kaushalya Infrastructure Development NSE:KAUSHALYA +0.86% 60 Altman Z-Score is 8.10 as of Jul. 01, 2026. GuruFocus rates NSE:KAUSHALYA with a GF Score™ of 60/100 and a GF Value™ of ₹6,013.44 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,751 Construction companies, Kaushalya Infrastructure Development ranks better than 93.95% 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 8.23 is strong.

Kaushalya Infrastructure Development has a Altman Z-Score of 8.10, 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 Kaushalya Infrastructure Development's Altman Z-Score or its related term are showing as below:

NSE:KAUSHALYA' s Altman Z-Score Range Over the Past 10 Years
Min: -1.52   Med: -0.61   Max: 18.91
Current: 8.23

During the past 13 years, Kaushalya Infrastructure Development's highest Altman Z-Score was 18.91. The lowest was -1.52. And the median was -0.61.


Kaushalya Infrastructure Development  (NSE:KAUSHALYA) 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.


Kaushalya Infrastructure Development Altman Z-Score Related Terms


Kaushalya Infrastructure Development Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kaushalya Infrastructure Development'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.

Kaushalya Infrastructure Development Altman Z-Score Chart

Kaushalya Infrastructure Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.01 0.15 18.91 10.36 7.75

Kaushalya Infrastructure Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.36 13.47 14.90 9.92 7.75

NSE:KAUSHALYA vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Kaushalya Infrastructure Development'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.


Kaushalya Infrastructure Development Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Kaushalya Infrastructure Development's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Kaushalya Infrastructure Development's Altman Z-Score falls into.


NSE:KAUSHALYA
60GF Score
Kaushalya Infrastructure Development Corp Ltd NSE:KAUSHALYA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaushalya Infrastructure Development 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.

Kaushalya Infrastructure Development'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*0.019+1.4*0+3.3*0.0058+0.6*13.4177+1.0*0.0111
=8.10

* 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 ₹812.42 Mil.
Total Current Assets was ₹36.42 Mil.
Total Current Liabilities was ₹20.98 Mil.
Retained Earnings was ₹0.00 Mil.
Pre-Tax Income was -4.507 + 6.924 + -3.042 + 5.307 = ₹4.68 Mil.
Interest Expense was 0.002 + 0.014 + -0.026 + 0 = ₹-0.01 Mil.
Revenue was 0.663 + 7.858 + 0.252 + 0.216 = ₹8.99 Mil.
Market Cap (Today) was ₹292.98 Mil.
Total Liabilities was ₹21.84 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
=(36.421 - 20.977)/812.423
=0.019

X2=Retained Earnings/Total Assets
=0/812.423
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(4.682 - -0.01)/812.423
=0.0058

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=292.975/21.835
=13.4177

X5=Revenue/Total Assets
=8.989/812.423
=0.0111

The zones of discrimination were as such:

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

Kaushalya Infrastructure Development has a Altman Z-Score of 8.10 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 8.10 mean?
Kaushalya Infrastructure Development (NSE:KAUSHALYA) has a Altman Z-Score of 8.10 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kaushalya Infrastructure Development and its competitors. According to the industry distribution chart, Kaushalya Infrastructure Development ranks #106 out of 1751 companies in the Construction industry, placing it in the top 6.1%.
Is Kaushalya Infrastructure Development's Altman Z-Score too high?
Kaushalya Infrastructure Development's current Altman Z-Score is 8.10. The Construction industry median Altman Z-Score is 2.33. Kaushalya Infrastructure Development's value of 8.10 is 247.6% above this industry median. Based on the distribution chart, Kaushalya Infrastructure Development ranks #106 out of 1751 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kaushalya Infrastructure Development has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaushalya Infrastructure Development's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Kaushalya Infrastructure Development ranks #106 out of 1751 companies for Altman Z-Score. This places Kaushalya Infrastructure Development in the top 6% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.33. Kaushalya Infrastructure Development's value of 8.10 is 247.6% 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 Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,751 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. Kaushalya Infrastructure Development's current Altman Z-Score of 8.10 is 247.6% 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 Kaushalya Infrastructure Development and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaushalya Infrastructure Development's current Altman Z-Score is 8.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaushalya Infrastructure Development stock overvalued right now?
Based on GuruFocus' analysis, Kaushalya Infrastructure Development (NSE:KAUSHALYA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6,013.44, compared to a current price of ₹883.00 — trading 85.3% below its estimated fair value. The current Altman Z-Score is 8.10 and 247.6% above the Construction industry median of 2.33. Kaushalya Infrastructure Development's overall GF Score™ is 60/100 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 Kaushalya Infrastructure Development (NSE:KAUSHALYA), the current Altman Z-Score is 8.10 as of Jul. 01, 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 Kaushalya Infrastructure Development (NSE:KAUSHALYA) Overvalued in 2026?

Based on GuruFocus' analysis, Kaushalya Infrastructure Development stock appears to be undervalued. The current stock price of ₹883.00 is trading 85.3% below its estimated GF Value™ of ₹6,013.44. GuruFocus considers Kaushalya Infrastructure Development to be Possible Value Trap.

Key valuation signals for NSE:KAUSHALYA:

  • Altman Z-Score: 8.10
  • GF Value™: ₹6,013.44 vs. price of ₹883.00 (85.3% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 247.6% above the Construction median (#106 of 1751)

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


Kaushalya Infrastructure Development Business Description

Other Exchanges 532925:India
Address HB 170, Sector III, Salt Lake, Kolkata, WB, IND, 700106
Kaushalya Infrastructure Development Corp Ltd is engaged in executing construction contracts relating to infrastructure, real estate developments, acquisition and development, and the sale of land. The company operates in segments such as Construction, including roads, bridges, and infrastructure development, housing development, renewable energy projects, and Hotel segments. Geographically, it operates in India.
60GF Score

Get the complete analysis for NSE:KAUSHALYA

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

₹883.00
Price
₹6,013.44
GF Value