Kabra Jewels (NSE:KKJEWELS) Altman Z-Score: 2.99 (As of Aug. 19, 2026)

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NSE:KKJEWELS Kabra Jewels Ltd NSE:KKJEWELS
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What is Kabra Jewels Altman Z-Score?

Kabra Jewels NSE:KKJEWELS 14 Altman Z-Score is 2.99 as of Aug. 19, 2026. GuruFocus rates NSE:KKJEWELS with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 1,118 Retail - Cyclical companies, Kabra Jewels ranks better than 55.28% 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 3 is strong.

Kabra Jewels has a Altman Z-Score of 2.99, indicating it is in Grey Zones. This implies that Kabra Jewels is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Kabra Jewels's Altman Z-Score or its related term are showing as below:

NSE:KKJEWELS' s Altman Z-Score Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3
Current: 3

During the past 3 years, Kabra Jewels's highest Altman Z-Score was 3.00. The lowest was 0.00. And the median was 0.00.


Kabra Jewels  (NSE:KKJEWELS) 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.


Kabra Jewels Altman Z-Score Related Terms


Kabra Jewels Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Kabra Jewels'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.

Kabra Jewels Altman Z-Score Chart

Kabra Jewels Annual Data
Trend Mar22 Mar23 Mar24
Altman Z-Score
0.00 0.00 0.00

Kabra Jewels Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Sep25
Altman Z-Score 0.00 0.00 0.00 0.00 0.00

NSE:KKJEWELS vs TPR: Altman Z-Score Comparison

For the Luxury Goods subindustry, Kabra Jewels'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.


Kabra Jewels Altman Z-Score vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kabra Jewels's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Kabra Jewels's Altman Z-Score falls into.


NSE:KKJEWELS
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Kabra Jewels Ltd NSE:KKJEWELS
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Kabra Jewels 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.

Kabra Jewels'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*0.4873+1.4*0.2049+3.3*0.1091+0.6*0.9814+1.0*1.1668
=2.99

* 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. 2024:
Total Assets was ₹1,405.6 Mil.
Total Current Assets was ₹1,277.3 Mil.
Total Current Liabilities was ₹592.3 Mil.
Retained Earnings was ₹288.0 Mil.
Pre-Tax Income was ₹125.7 Mil.
Interest Expense was ₹-27.7 Mil.
Revenue was ₹1,640.0 Mil.
Market Cap (Today) was ₹1,074.7 Mil.
Total Liabilities was ₹1,095.0 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
=(1277.25 - 592.323)/1405.617
=0.4873

X2=Retained Earnings/Total Assets
=287.988/1405.617
=0.2049

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(125.711 - -27.671)/1405.617
=0.1091

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1074.713/1095.029
=0.9814

X5=Revenue/Total Assets
=1640.017/1405.617
=1.1668

The zones of discrimination were as such:

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

Kabra Jewels has a Altman Z-Score of 2.99 indicating it is in Grey 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 2.99 mean?
Kabra Jewels (NSE:KKJEWELS) has a Altman Z-Score of 2.99 as of Aug. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Kabra Jewels and its competitors. According to the industry distribution chart, Kabra Jewels ranks #500 out of 1118 companies in the Retail - Cyclical industry, placing it in the top 44.7%.
Is Kabra Jewels' Altman Z-Score too high?
Kabra Jewels' current Altman Z-Score is 2.99. The Retail - Cyclical industry median Altman Z-Score is 2.75. Kabra Jewels' value of 2.99 is 8.9% above this industry median. Based on the distribution chart, Kabra Jewels ranks #500 out of 1118 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Kabra Jewels has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Kabra Jewels' Altman Z-Score compare to TPR?
According to the Retail - Cyclical industry distribution chart, Kabra Jewels ranks #500 out of 1118 companies for Altman Z-Score. This puts Kabra Jewels in the upper half of its industry. The industry median Altman Z-Score is 2.75. Kabra Jewels' value of 2.99 is 8.9% 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 Retail - Cyclical company?
The median Altman Z-Score among Retail - Cyclical companies is 2.75, based on 1,118 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. Kabra Jewels's current Altman Z-Score of 2.99 is 8.9% 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 Kabra Jewels and its competitors. For the Retail - Cyclical industry, the median Altman Z-Score is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kabra Jewels's current Altman Z-Score is 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kabra Jewels stock overvalued right now?
Kabra Jewels (NSE:KKJEWELS) has a current Altman Z-Score of 2.99. The current Altman Z-Score is 2.99 and 8.9% above the Retail - Cyclical industry median of 2.75. Kabra Jewels' overall GF Score™ is 14/100 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 Kabra Jewels (NSE:KKJEWELS), the current Altman Z-Score is 2.99 as of Aug. 19, 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.

Kabra Jewels Business Description

Address Shivranjani Cross Road, 6 Ground Floor, Iscon Center, Besides Tanishq, Satellite, Ahmedabad, GJ, IND, 380015
Kabra Jewels Ltd operates in the retail jewellery sector, offering a diverse range of gold, diamond, and silver ornaments and its other offerings include gold and silver coins, utensils and other artifacts. Its expertise is in designing and markets its exclusive creations under the KK Jewels brand name. The company has a diverse product portfolio which includes rings, earrings, pendants, bracelets, chains, necklaces, bangles and other wedding jewellery through which it caters to several customers.
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