Omnitech Engineering (NSE:OMNI) Altman Z-Score: 8.49 (As of Jul. 19, 2026) — 95% Above Median

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NSE:OMNI Omnitech Engineering Ltd NSE:OMNI
17 GF Score
Price ₹565.60
! 7 Warning Signs
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What is Omnitech Engineering Altman Z-Score?

Omnitech Engineering NSE:OMNI -0.90% 17 Altman Z-Score is 8.49 as of Jul. 19, 2026, which is 95% above its 10-year median of 4.36. GuruFocus rates NSE:OMNI with a GF Score™ of 17/100. The stock has 7 warning signs investors should review. Among 3,007 Industrial Products companies, Omnitech Engineering ranks better than 85.93% 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 8.49 is strong.

Omnitech Engineering has a Altman Z-Score of 8.49, 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 Omnitech Engineering's Altman Z-Score or its related term are showing as below:

NSE:OMNI' s Altman Z-Score Range Over the Past 10 Years
Min: 4.36   Med: 4.36   Max: 8.49
Current: 8.49

During the past 4 years, Omnitech Engineering's highest Altman Z-Score was 8.49. The lowest was 4.36. And the median was 4.36.


Omnitech Engineering  (NSE:OMNI) 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.


Omnitech Engineering Altman Z-Score Related Terms


Omnitech Engineering Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Omnitech Engineering'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.

Omnitech Engineering Altman Z-Score Chart

Omnitech Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 4.36

Omnitech Engineering Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Altman Z-Score 0.00 0.00 0.00 0.00 4.36

NSE:OMNI vs GEV, ETN, PH: Altman Z-Score Comparison

For the Specialty Industrial Machinery subindustry, Omnitech Engineering'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.


Omnitech Engineering Altman Z-Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omnitech Engineering's Altman Z-Score distribution charts can be found below:

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


NSE:OMNI
17GF Score
Omnitech Engineering Ltd NSE:OMNI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Omnitech Engineering 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.

Omnitech Engineering'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*0.332+1.4*0+3.3*0.1174+0.6*12.1626+1.0*0.4075
=8.49

* 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 ₹12,548 Mil.
Total Current Assets was ₹8,677 Mil.
Total Current Liabilities was ₹4,511 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was ₹1,079 Mil.
Interest Expense was ₹-395 Mil.
Revenue was ₹5,113 Mil.
Market Cap (Today) was ₹69,946 Mil.
Total Liabilities was ₹5,751 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
=(8677.47 - 4511.16)/12547.82
=0.332

X2=Retained Earnings/Total Assets
=0/12547.82
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1078.73 - -394.83)/12547.82
=0.1174

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=69945.501/5750.86
=12.1626

X5=Revenue/Total Assets
=5112.99/12547.82
=0.4075

The zones of discrimination were as such:

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

Omnitech Engineering has a Altman Z-Score of 8.49 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 8.49 mean?
Omnitech Engineering (NSE:OMNI) has a Altman Z-Score of 8.49 as of Jul. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Omnitech Engineering and its competitors. This is 95% above median its historical median of 4.36. Over the past decade, Omnitech Engineering's Altman Z-Score has ranged from 4.36 to 8.49. According to the industry distribution chart, Omnitech Engineering ranks #423 out of 3007 companies in the Industrial Products industry, placing it in the top 14.1%.
Is Omnitech Engineering's Altman Z-Score too high?
Omnitech Engineering's current Altman Z-Score of 8.49 is 95% above median its 10-year median of 4.36. Over the past 10 years, this metric has ranged from a low of 4.36 to a high of 8.49. The Industrial Products industry median Altman Z-Score is 3.21. Omnitech Engineering's value of 8.49 is 164.5% above this industry median. Based on the distribution chart, Omnitech Engineering ranks #423 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Omnitech Engineering has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Omnitech Engineering's Altman Z-Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Omnitech Engineering ranks #423 out of 3007 companies for Altman Z-Score. This places Omnitech Engineering in the top 14% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 3.21. Omnitech Engineering's value of 8.49 is 164.5% above this benchmark. Historically, Omnitech Engineering's own Altman Z-Score has ranged from 4.36 to 8.49 over the past decade. While the company's 10-year median is 4.36 vs. the industry median of 3.21, Omnitech Engineering 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 an Industrial Products company?
The median Altman Z-Score among Industrial Products companies is 3.21, based on 3,007 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. Omnitech Engineering's current Altman Z-Score of 8.49 is 164.5% 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 Omnitech Engineering and its competitors. For the Industrial Products industry, the median Altman Z-Score is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Omnitech Engineering's current Altman Z-Score is 8.49, which is 95% above median its own 10-year median of 4.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omnitech Engineering stock overvalued right now?
Omnitech Engineering (NSE:OMNI) has a current Altman Z-Score of 8.49. The current Altman Z-Score is 8.49, which is 95% above median its 10-year median of 4.36 and 164.5% above the Industrial Products industry median of 3.21. Omnitech Engineering's overall GF Score™ is 17/100 with 7 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 Omnitech Engineering (NSE:OMNI), the current Altman Z-Score is 8.49 as of Jul. 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.

Omnitech Engineering Business Description

Other Exchanges 544720:India
Address Kranti Gate Main Road, Kalawadd Road, Plot No. 2500, GIDC Lodhika Ind Estate, Metoda, Rajkot, GJ, IND, 360021
Omnitech Engineering Ltd is a manufacturer of turned and machined parts, focusing on precision engineering for various industries. The group provides services such as Machining Capacity, Raw Materials, Quality Control and Assurance, Product Development, and Component Gallery Old. The Group's business model, manufacturing of high precision and OEM components, has been considered as a single business segment. Its Geographic segments are India, the United States of America, the United Arab Emirates, and Others. The majority of its revenue comes from the United States of America. It caters to diverse end-use industries and customers in the Energy, Motion control and automation, Metal forming and Other diverse industries, Industrial equipment systems, and others.
17GF Score

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