Pramodini Medicare (NSE:PRAMODINI) Altman Z-Score: 4.80 (As of Aug. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:PRAMODINI Pramodini Medicare Ltd NSE:PRAMODINI
19 GF Score
Price ₹114.80
! 1 Warning Sign
View Full Analysis

What is Pramodini Medicare Altman Z-Score?

Pramodini Medicare NSE:PRAMODINI -2.01% 19 Altman Z-Score is 4.80 as of Aug. 31, 2026. GuruFocus rates NSE:PRAMODINI with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 657 Healthcare Providers & Services companies, Pramodini Medicare ranks worse than 152206.85% 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.

Pramodini Medicare has a Altman Z-Score of 4.80, 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 Pramodini Medicare's Altman Z-Score or its related term are showing as below:


Pramodini Medicare  (NSE:PRAMODINI) 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.


Pramodini Medicare Altman Z-Score Related Terms


Pramodini Medicare Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Pramodini Medicare'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.

Pramodini Medicare Altman Z-Score Chart

Pramodini Medicare Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 0.00

Pramodini Medicare Quarterly Data
Mar23 Mar24 Mar25 Dec25 Mar26
Altman Z-Score 0.00 0.00 0.00 0.00 0.00

NSE:PRAMODINI vs HCA, THC, EHC: Altman Z-Score Comparison

For the Medical Care Facilities subindustry, Pramodini Medicare'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.


Pramodini Medicare Altman Z-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pramodini Medicare's Altman Z-Score distribution charts can be found below:

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


NSE:PRAMODINI
19GF Score
Pramodini Medicare Ltd NSE:PRAMODINI
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pramodini Medicare 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.

Pramodini Medicare'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*0.0724+1.4*0.3894+3.3*0.0684+0.6*6.2546+1.0*0.1905
=4.80

* 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 ₹936.2 Mil.
Total Current Assets was ₹330.7 Mil.
Total Current Liabilities was ₹263.0 Mil.
Retained Earnings was ₹364.6 Mil.
Pre-Tax Income was 58.623 + 0 + 0 + 0 = ₹58.6 Mil.
Interest Expense was -5.41 + 0 + 0 + 0 = ₹-5.4 Mil.
Revenue was 178.346 + 0 + 0 + 0 = ₹178.3 Mil.
Market Cap (Today) was ₹2,530.8 Mil.
Total Liabilities was ₹404.6 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
=(330.702 - 262.953)/936.152
=0.0724

X2=Retained Earnings/Total Assets
=364.569/936.152
=0.3894

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(58.623 - -5.41)/936.152
=0.0684

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2530.834/404.635
=6.2546

X5=Revenue/Total Assets
=178.346/936.152
=0.1905

The zones of discrimination were as such:

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

Pramodini Medicare has a Altman Z-Score of 4.80 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 4.80 mean?
Pramodini Medicare (NSE:PRAMODINI) has a Altman Z-Score of 4.80 as of Aug. 31, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Pramodini Medicare and its competitors. According to the industry distribution chart, Pramodini Medicare ranks #999999 out of 657 companies in the Healthcare Providers & Services industry.
Is Pramodini Medicare's Altman Z-Score too high?
Pramodini Medicare's current Altman Z-Score is 4.80. The Healthcare Providers & Services industry median Altman Z-Score is 2.41. Pramodini Medicare's value of 4.80 is 99.2% above this industry median. Based on the distribution chart, Pramodini Medicare ranks #999999 out of 657 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Pramodini Medicare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Pramodini Medicare's Altman Z-Score compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Pramodini Medicare ranks #999999 out of 657 companies for Altman Z-Score. This places Pramodini Medicare in the lower half of its industry. The industry median Altman Z-Score is 2.41. Pramodini Medicare's value of 4.80 is 99.2% 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 Healthcare Providers & Services company?
The median Altman Z-Score among Healthcare Providers & Services companies is 2.41, based on 657 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. Pramodini Medicare's current Altman Z-Score of 4.80 is 99.2% 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 Pramodini Medicare and its competitors. For the Healthcare Providers & Services industry, the median Altman Z-Score is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pramodini Medicare's current Altman Z-Score is 4.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pramodini Medicare stock overvalued right now?
Pramodini Medicare (NSE:PRAMODINI) has a current Altman Z-Score of 4.80. The current Altman Z-Score is 4.80 and 99.2% above the Healthcare Providers & Services industry median of 2.41. Pramodini Medicare's overall GF Score™ is 19/100 with 1 warning sign 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 Pramodini Medicare (NSE:PRAMODINI), the current Altman Z-Score is 4.80 as of Aug. 31, 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.

Pramodini Medicare Business Description

Address Prakasam Road, D. No: - 29-4-54K, CSI Complex, Suryaraopet, Vijayawada, AP, IND, 520002
Pramodini Medicare Ltd is a diagnostic service provider in India. It provides a range of technology-enabled diagnostic services such as radiology, clinical laboratory and nuclear medicine service to public hospitals, private hospitals, certain PSU (Public Sector Undertaking) of Government of India and medical colleges across tier I, tier II and tier III cities throughout India. The company also provide teleradiology services, which functions on a 24*7 basis throughout the year. It provides healthcare services for core testing, patients diagnosis, disease prevention and monitoring of various health conditions. Its services includes both routine and specialized tests, which are used for prediction, early detection, diagnostic screening, confirmation and/or monitoring of diseases.
19GF Score

Get the complete analysis for NSE:PRAMODINI

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

₹114.80
Price