La Opala RG (NSE:LAOPALA) Altman Z-Score: 18.14 (As of Jul. 27, 2026) — 17% Below Median

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NSE:LAOPALA La Opala RG Ltd NSE:LAOPALA
77 GF Score
Price ₹184.35
GF Value ₹280.20
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is La Opala RG Altman Z-Score?

La Opala RG NSE:LAOPALA -1.69% 77 Altman Z-Score is 18.14 as of Jul. 27, 2026, which is 17% below its 10-year median of 21.78. GuruFocus rates NSE:LAOPALA with a GF Score™ of 77/100 and a GF Value™ of ₹280.20 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, La Opala RG ranks better than 97.9% 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 18.14 is strong.

La Opala RG has a Altman Z-Score of 18.14, 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 La Opala RG's Altman Z-Score or its related term are showing as below:

NSE:LAOPALA' s Altman Z-Score Range Over the Past 10 Years
Min: 16.34   Med: 21.78   Max: 31.71
Current: 18.14

During the past 13 years, La Opala RG's highest Altman Z-Score was 31.71. The lowest was 16.34. And the median was 21.78.


La Opala RG  (NSE:LAOPALA) 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.


La Opala RG Altman Z-Score Related Terms


La Opala RG Altman Z-Score Historical Data

* Premium members only.

The historical data trend for La Opala RG'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.

La Opala RG Altman Z-Score Chart

La Opala RG 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 23.79 21.07 28.73 20.92 16.34

La Opala RG 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 20.92 25.13 22.10 18.75 16.34

NSE:LAOPALA vs SN, SGI, MHK: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, La Opala RG'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.


La Opala RG Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, La Opala RG's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where La Opala RG's Altman Z-Score falls into.


NSE:LAOPALA
77GF Score
La Opala RG Ltd NSE:LAOPALA
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

La Opala RG 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.

La Opala RG'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*0.685+1.4*0+3.3*0.14+0.6*27.525+1.0*0.3455
=18.14

* 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 ₹8,946 Mil.
Total Current Assets was ₹6,456 Mil.
Total Current Liabilities was ₹328 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 217.602 + 312.365 + 351.926 + 321.966 = ₹1,204 Mil.
Interest Expense was -10.183 + -13.947 + -12.77 + -11.996 = ₹-49 Mil.
Revenue was 683.945 + 845.03 + 909.017 + 652.654 = ₹3,091 Mil.
Market Cap (Today) was ₹20,430 Mil.
Total Liabilities was ₹742 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
=(6455.783 - 327.944)/8945.818
=0.685

X2=Retained Earnings/Total Assets
=0/8945.818
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1203.859 - -48.896)/8945.818
=0.14

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=20429.550/742.218
=27.525

X5=Revenue/Total Assets
=3090.646/8945.818
=0.3455

The zones of discrimination were as such:

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

La Opala RG has a Altman Z-Score of 18.14 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 18.14 mean?
La Opala RG (NSE:LAOPALA) has a Altman Z-Score of 18.14 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on La Opala RG and its competitors. This is 17% below median its historical median of 21.78. Over the past decade, La Opala RG's Altman Z-Score has ranged from 16.34 to 31.71. According to the industry distribution chart, La Opala RG ranks #9 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 2.1%.
Is La Opala RG's Altman Z-Score too high?
La Opala RG's current Altman Z-Score of 18.14 is 17% below median its 10-year median of 21.78. Over the past 10 years, this metric has ranged from a low of 16.34 to a high of 31.71. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.77. La Opala RG's value of 18.14 is 556.1% above this industry median. Based on the distribution chart, La Opala RG ranks #9 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, La Opala RG has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does La Opala RG's Altman Z-Score compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, La Opala RG ranks #9 out of 428 companies for Altman Z-Score. This places La Opala RG in the top 2% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.77. La Opala RG's value of 18.14 is 556.1% above this benchmark. Historically, La Opala RG's own Altman Z-Score has ranged from 16.34 to 31.71 over the past decade. While the company's 10-year median is 21.78 vs. the industry median of 2.77, La Opala RG 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 Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.77, based on 428 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. La Opala RG's current Altman Z-Score of 18.14 is 556.1% 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 La Opala RG and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. La Opala RG's current Altman Z-Score is 18.14, which is 17% below median its own 10-year median of 21.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is La Opala RG stock overvalued right now?
Based on GuruFocus' analysis, La Opala RG (NSE:LAOPALA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹280.20, compared to a current price of ₹184.35 — trading 34.2% below its estimated fair value. The current Altman Z-Score is 18.14, which is 17% below median its 10-year median of 21.78 and 556.1% above the Furnishings, Fixtures & Appliances industry median of 2.77. La Opala RG's overall GF Score™ is 77/100 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 La Opala RG (NSE:LAOPALA), the current Altman Z-Score is 18.14 as of Jul. 27, 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 La Opala RG (NSE:LAOPALA) Overvalued in 2026?

Based on GuruFocus' analysis, La Opala RG stock appears to be undervalued. The current stock price of ₹184.35 is trading 34.2% below its estimated GF Value™ of ₹280.20. GuruFocus considers La Opala RG to be Significantly Undervalued.

Key valuation signals for NSE:LAOPALA:

  • Altman Z-Score: 18.14 (17% below median its 10-year median of 21.78)
  • GF Value™: ₹280.20 vs. price of ₹184.35 (34.2% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 556.1% above the Furnishings, Fixtures & Appliances median (#9 of 428)

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


La Opala RG Business Description

Other Exchanges 526947:India
Address EM-4, Sector - V, Premises No. 803 and 804, Eco Centre, 8th Floor, Kolkata, WB, IND, 700 091
La Opala RG Ltd is a manufacturer and marketer of lifestyle products in the glassware segment. Geographically, it derives a majority of its revenue from India. It generates maximum revenue from Glass and Glassware Products. The company brands include Laopala, Diva, and Solitaire. It deals with glass and glassware products such as plates, bowls, dinner sets, cup-saucer sets, coffee mugs, pudding and dessert sets, and crystalware products comprising barware, vases, bowls, stemware, and others.
77GF Score

Get the complete analysis for NSE:LAOPALA

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

₹184.35
Price
₹280.20
GF Value