Mobilise App Lab (NSE:MOBILISE) Altman Z-Score: 21.03 (As of Jul. 17, 2026)

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NSE:MOBILISE Mobilise App Lab Ltd NSE:MOBILISE
21 GF Score
Price ₹113.00
! 2 Warning Signs
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What is Mobilise App Lab Altman Z-Score?

Mobilise App Lab NSE:MOBILISE 21 Altman Z-Score is 21.03 as of Jul. 17, 2026. GuruFocus rates NSE:MOBILISE with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 2,765 Software companies, Mobilise App Lab ranks better than 94.76% 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 20.08 is strong.

Mobilise App Lab has a Altman Z-Score of 21.03, 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 Mobilise App Lab's Altman Z-Score or its related term are showing as below:

NSE:MOBILISE' s Altman Z-Score Range Over the Past 10 Years
Min: 0   Med: 0   Max: 20.08
Current: 20.08

During the past 3 years, Mobilise App Lab's highest Altman Z-Score was 20.08. The lowest was 0.00. And the median was 0.00.


Mobilise App Lab  (NSE:MOBILISE) 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.


Mobilise App Lab Altman Z-Score Related Terms


Mobilise App Lab Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Mobilise App Lab'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.

Mobilise App Lab Altman Z-Score Chart

Mobilise App Lab Annual Data
Trend Mar23 Mar24 Mar25
Altman Z-Score
0.00 0.00 0.00

Mobilise App Lab Semi-Annual Data
Mar23 Mar24 Mar25
Altman Z-Score 0.00 0.00 0.00

NSE:MOBILISE vs MSFT, ORCL, PLTR: Altman Z-Score Comparison

For the Software - Infrastructure subindustry, Mobilise App Lab'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.


Mobilise App Lab Altman Z-Score vs Software Industry

For the Software industry and Technology sector, Mobilise App Lab's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Mobilise App Lab's Altman Z-Score falls into.


NSE:MOBILISE
21GF Score
Mobilise App Lab Ltd NSE:MOBILISE
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Mobilise App Lab 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.

Mobilise App Lab'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*0.2474+1.4*0+3.3*0.5295+0.6*29.3893+1.0*1.3543
=21.03

* 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. 2025:
Total Assets was ₹119.2 Mil.
Total Current Assets was ₹66.4 Mil.
Total Current Liabilities was ₹36.9 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹63.1 Mil.
Interest Expense was ₹-0.0 Mil.
Revenue was ₹161.4 Mil.
Market Cap (Today) was ₹1,074.9 Mil.
Total Liabilities was ₹36.6 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
=(66.36 - 36.871)/119.183
=0.2474

X2=Retained Earnings/Total Assets
=0/119.183
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(63.08 - -0.028)/119.183
=0.5295

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1074.856/36.573
=29.3893

X5=Revenue/Total Assets
=161.409/119.183
=1.3543

The zones of discrimination were as such:

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

Mobilise App Lab has a Altman Z-Score of 21.03 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 21.03 mean?
Mobilise App Lab (NSE:MOBILISE) has a Altman Z-Score of 21.03 as of Jul. 17, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Mobilise App Lab and its competitors. According to the industry distribution chart, Mobilise App Lab ranks #145 out of 2765 companies in the Software industry, placing it in the top 5.2%.
Is Mobilise App Lab's Altman Z-Score too high?
Mobilise App Lab's current Altman Z-Score is 21.03. The Software industry median Altman Z-Score is 3.17. Mobilise App Lab's value of 21.03 is 563.4% above this industry median. Based on the distribution chart, Mobilise App Lab ranks #145 out of 2765 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mobilise App Lab has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mobilise App Lab's Altman Z-Score compare to MSFT and ORCL?
According to the Software industry distribution chart, Mobilise App Lab ranks #145 out of 2765 companies for Altman Z-Score. This places Mobilise App Lab in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.17. Mobilise App Lab's value of 21.03 is 563.4% 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 Software company?
The median Altman Z-Score among Software companies is 3.17, based on 2,765 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. Mobilise App Lab's current Altman Z-Score of 21.03 is 563.4% 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 Mobilise App Lab and its competitors. For the Software industry, the median Altman Z-Score is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mobilise App Lab's current Altman Z-Score is 21.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobilise App Lab stock overvalued right now?
Mobilise App Lab (NSE:MOBILISE) has a current Altman Z-Score of 21.03. The current Altman Z-Score is 21.03 and 563.4% above the Software industry median of 3.17. Mobilise App Lab's overall GF Score™ is 21/100 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 Mobilise App Lab (NSE:MOBILISE), the current Altman Z-Score is 21.03 as of Jul. 17, 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.

Mobilise App Lab Business Description

Address Unit No. 201, 2nd floor, Tower B, Unitech CyberPark, Sector 39, Jharsa, Wazirabad, Gurugram, HR, IND, 122001
Mobilise App Lab Ltd is an Indian software as a service IT solutions provider offering digital platforms to streamline and manage enterprise operations. It is engaged in providing IT Solutions, ERP Implementation and providing web, mobile and IoT applications. The company's offerings include OpsSuite (Computerized Maintenance Management System (CMMS), EduPro (ERP Solutions for Educational Institutions), SCMPro (Supply Chain & Procurement Solutions), and HRevO (HRMS & Employee Lifecycle Management). The majority of the company's revenue is derived from the sale of its HRevO product, which operates on a hybrid SaaS revenue model, combining per-employee, per-month licensing with lump-sum enterprise contracts. Geographically, it operates within India.
21GF Score

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