Revathi Equipment India (NSE:RVTH) Altman Z-Score: 2.38 (As of Jul. 03, 2026) — 28% Below Median


NSE:RVTH Revathi Equipment India Ltd NSE:RVTH
36 GF Score
Price ₹761.40
! 6 Warning Signs
View Full Analysis

What is Revathi Equipment India Altman Z-Score?

Revathi Equipment India NSE:RVTH +3.19% 36 Altman Z-Score is 2.38 as of Jul. 03, 2026, which is 28% below its 10-year median of 3.29. GuruFocus rates NSE:RVTH with a GF Score™ of 36/100. The stock has 6 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Revathi Equipment India ranks worse than 55.77% 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.

Warning Sign:

Altman Z-score of 2.39 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Revathi Equipment India has a Altman Z-Score of 2.38, indicating it is in Grey Zones. This implies that Revathi Equipment India is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

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 Revathi Equipment India's Altman Z-Score or its related term are showing as below:

NSE:RVTH' s Altman Z-Score Range Over the Past 10 Years
Min: 2.07   Med: 3.29   Max: 4.5
Current: 2.39

During the past 11 years, Revathi Equipment India's highest Altman Z-Score was 4.50. The lowest was 2.07. And the median was 3.29.


Revathi Equipment India  (NSE:RVTH) 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.


Revathi Equipment India Altman Z-Score Related Terms


Revathi Equipment India Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Revathi Equipment India'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.

Revathi Equipment India Altman Z-Score Chart

Revathi Equipment India 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 0.00 0.00 0.00 4.50 2.07

Revathi Equipment India Quarterly Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 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 4.50 4.32 3.47 2.67 2.07

NSE:RVTH vs CAT, DE, PCAR: Altman Z-Score Comparison

For the Farm & Heavy Construction Machinery subindustry, Revathi Equipment India'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.


Revathi Equipment India Altman Z-Score vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Revathi Equipment India's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Revathi Equipment India's Altman Z-Score falls into.


NSE:RVTH
36GF Score
Revathi Equipment India Ltd NSE:RVTH
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Revathi Equipment India 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.

Revathi Equipment India'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*0.338+1.4*0+3.3*0.1029+0.6*1.8325+1.0*0.5339
=2.38

* 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 ₹2,677 Mil.
Total Current Assets was ₹2,167 Mil.
Total Current Liabilities was ₹1,262 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 172.9 + -4.7 + 3.2 + 10.6 = ₹182 Mil.
Interest Expense was -19.8 + -28.2 + -22.4 + -23.2 = ₹-94 Mil.
Revenue was 656.1 + 322.3 + 228.3 + 222.6 = ₹1,429 Mil.
Market Cap (Today) was ₹2,331 Mil.
Total Liabilities was ₹1,272 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
=(2166.7 - 1261.9)/2677.1
=0.338

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(182 - -93.6)/2677.1
=0.1029

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2330.877/1272
=1.8325

X5=Revenue/Total Assets
=1429.3/2677.1
=0.5339

The zones of discrimination were as such:

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

Revathi Equipment India has a Altman Z-Score of 2.38 indicating it is in Grey 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 2.38 mean?
Revathi Equipment India (NSE:RVTH) has a Altman Z-Score of 2.38 as of Jul. 03, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Revathi Equipment India and its competitors. This is 28% below median its historical median of 3.29. Over the past decade, Revathi Equipment India's Altman Z-Score has ranged from 2.07 to 4.50. According to the industry distribution chart, Revathi Equipment India ranks #116 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 55.8%.
Is Revathi Equipment India's Altman Z-Score too high?
Revathi Equipment India's current Altman Z-Score of 2.38 is 28% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 4.50. The Farm & Heavy Construction Machinery industry median Altman Z-Score is 2.59. Revathi Equipment India's value of 2.38 is 7.9% below this industry median. Based on the distribution chart, Revathi Equipment India ranks #116 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Revathi Equipment India has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Revathi Equipment India's Altman Z-Score compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Revathi Equipment India ranks #116 out of 208 companies for Altman Z-Score. This places Revathi Equipment India in the lower half of its industry. The industry median Altman Z-Score is 2.59. Revathi Equipment India's value of 2.38 is 7.9% below this benchmark. Historically, Revathi Equipment India's own Altman Z-Score has ranged from 2.07 to 4.50 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 2.59, Revathi Equipment India has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Altman Z-Score among Farm & Heavy Construction Machinery companies is 2.59, based on 208 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. Revathi Equipment India's current Altman Z-Score of 2.38 is 7.9% below 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 Revathi Equipment India and its competitors. For the Farm & Heavy Construction Machinery industry, the median Altman Z-Score is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Revathi Equipment India's current Altman Z-Score is 2.38, which is 28% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Revathi Equipment India stock overvalued right now?
Revathi Equipment India (NSE:RVTH) has a current Altman Z-Score of 2.38. The current Altman Z-Score is 2.38, which is 28% below median its 10-year median of 3.29 and 7.9% below the Farm & Heavy Construction Machinery industry median of 2.59. Revathi Equipment India's overall GF Score™ is 36/100 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 Revathi Equipment India (NSE:RVTH), the current Altman Z-Score is 2.38 as of Jul. 03, 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.

Revathi Equipment India Business Description

Other Exchanges 544246:India
Address Pollachi Road, Malumachampatti Post, Coimbatore, TN, IND, 641050
Revathi Equipment India Ltd is in the business of manufacturing and marketing Blast Hole Drills (Rotary and DTH, Diesel / Electric driven) for mining applications, Jackless Drills for Construction and Mining applications, Water Well Drills, Hydro-Fracturing Units, and Exploratory Drills. REIL's drilling rigs are used extensively in mining operations of coal, cement, gold, construction, iron ore, copper, etc., by its diversified customer base. Manufacturing of Drill Equipment is the only segment of the company.
36GF Score

Get the complete analysis for NSE:RVTH

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

₹761.40
Price