Lorenzini Apparels (NSE:LAL) Altman Z-Score: 4.22 (As of Jul. 01, 2026) — 63% Above Median


NSE:LAL Lorenzini Apparels Ltd NSE:LAL
75 GF Score
Price ₹8.66
GF Value ₹17.06
Valuation Possible Value Trap
! 6 Warning Signs
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What is Lorenzini Apparels Altman Z-Score?

Lorenzini Apparels NSE:LAL -4.94% 75 Altman Z-Score is 4.22 as of Jul. 01, 2026, which is 63% above its 10-year median of 2.59. GuruFocus rates NSE:LAL with a GF Score™ of 75/100 and a GF Value™ of ₹17.06 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,030 Manufacturing - Apparel & Accessories companies, Lorenzini Apparels ranks better than 77.28% 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 4.42 is strong.

Lorenzini Apparels has a Altman Z-Score of 4.22, 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 Lorenzini Apparels's Altman Z-Score or its related term are showing as below:

NSE:LAL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.54   Med: 2.59   Max: 8.93
Current: 4.42

During the past 13 years, Lorenzini Apparels's highest Altman Z-Score was 8.93. The lowest was 1.54. And the median was 2.59.


Lorenzini Apparels  (NSE:LAL) 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.


Lorenzini Apparels Altman Z-Score Related Terms


Lorenzini Apparels Altman Z-Score Historical Data

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The historical data trend for Lorenzini Apparels'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.

Lorenzini Apparels Altman Z-Score Chart

Lorenzini Apparels 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 1.54 3.48 8.93 7.00 3.47

Lorenzini Apparels Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 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 7.00 7.32 4.46 4.13 3.47

NSE:LAL vs RL, LEVI, VFC: Altman Z-Score Comparison

For the Apparel Manufacturing subindustry, Lorenzini Apparels'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.


Lorenzini Apparels Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lorenzini Apparels's Altman Z-Score distribution charts can be found below:

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


NSE:LAL
75GF Score
Lorenzini Apparels Ltd NSE:LAL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Lorenzini Apparels 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.

Lorenzini Apparels'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*0.5288+1.4*0+3.3*0.0815+0.6*4.154+1.0*0.829
=4.22

* 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 ₹877.5 Mil.
Total Current Assets was ₹788.0 Mil.
Total Current Liabilities was ₹323.9 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was 11.11 + 10.638 + 18.562 + 19.985 = ₹60.3 Mil.
Interest Expense was -3.715 + -2.734 + -2.795 + -1.938 = ₹-11.2 Mil.
Revenue was 257.598 + 207.26 + 170.734 + 91.908 = ₹727.5 Mil.
Market Cap (Today) was ₹1,483.8 Mil.
Total Liabilities was ₹357.2 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
=(788.005 - 323.944)/877.538
=0.5288

X2=Retained Earnings/Total Assets
=0/877.538
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(60.295 - -11.182)/877.538
=0.0815

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1483.807/357.202
=4.154

X5=Revenue/Total Assets
=727.5/877.538
=0.829

The zones of discrimination were as such:

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

Lorenzini Apparels has a Altman Z-Score of 4.22 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 4.22 mean?
Lorenzini Apparels (NSE:LAL) has a Altman Z-Score of 4.22 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Lorenzini Apparels and its competitors. This is 63% above median its historical median of 2.59. Over the past decade, Lorenzini Apparels' Altman Z-Score has ranged from 1.54 to 8.93. According to the industry distribution chart, Lorenzini Apparels ranks #234 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.7%.
Is Lorenzini Apparels' Altman Z-Score too high?
Lorenzini Apparels' current Altman Z-Score of 4.22 is 63% above median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 8.93. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.51. Lorenzini Apparels' value of 4.22 is 68.5% above this industry median. Based on the distribution chart, Lorenzini Apparels ranks #234 out of 1030 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Lorenzini Apparels has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lorenzini Apparels' Altman Z-Score compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lorenzini Apparels ranks #234 out of 1030 companies for Altman Z-Score. This places Lorenzini Apparels in the top 23% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.51. Lorenzini Apparels' value of 4.22 is 68.5% above this benchmark. Historically, Lorenzini Apparels' own Altman Z-Score has ranged from 1.54 to 8.93 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 2.51, Lorenzini Apparels 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.51, based on 1,030 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. Lorenzini Apparels's current Altman Z-Score of 4.22 is 68.5% 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 Lorenzini Apparels and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lorenzini Apparels's current Altman Z-Score is 4.22, which is 63% above median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lorenzini Apparels stock overvalued right now?
Based on GuruFocus' analysis, Lorenzini Apparels (NSE:LAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹17.06, compared to a current price of ₹8.66 — trading 49.2% below its estimated fair value. The current Altman Z-Score is 4.22, which is 63% above median its 10-year median of 2.59 and 68.5% above the Manufacturing - Apparel & Accessories industry median of 2.51. Lorenzini Apparels' overall GF Score™ is 75/100 with 6 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 Lorenzini Apparels (NSE:LAL), the current Altman Z-Score is 4.22 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 Lorenzini Apparels (NSE:LAL) Overvalued in 2026?

Based on GuruFocus' analysis, Lorenzini Apparels stock appears to be undervalued. The current stock price of ₹8.66 is trading 49.2% below its estimated GF Value™ of ₹17.06. GuruFocus considers Lorenzini Apparels to be Possible Value Trap.

Key valuation signals for NSE:LAL:

  • Altman Z-Score: 4.22 (63% above median its 10-year median of 2.59)
  • GF Value™: ₹17.06 vs. price of ₹8.66 (49.2% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 68.5% above the Manufacturing - Apparel & Accessories median (#234 of 1030)

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


Lorenzini Apparels Business Description

Other Exchanges 540952:India
Address C-64, Okhla Industrial Area Phase - I, South Delhi, New Delhi, IND, 110020
Lorenzini Apparels Ltd is engaged in the business of manufacturing, designing and marketing of readymade garments offering diverse range of formal, semi-formal and casual wear for men and women. It serves customers through the channels of retail and e-commerce. Its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection and packing. It also outsources the garments manufacturing on job work basis from third party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric etc. to them who, based on its specifications, procure the requisite raw materials at their own costs and begin the manufacturing process.
75GF Score

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

₹8.66
Price
₹17.06
GF Value