Sambhv Steel Tubes (NSE:SAMBHV) Altman Z-Score: 3.61 (As of Jul. 05, 2026) — 14% Above Median


NSE:SAMBHV Sambhv Steel Tubes Ltd NSE:SAMBHV
17 GF Score
Price ₹115.04
! 2 Warning Signs
View Full Analysis

What is Sambhv Steel Tubes Altman Z-Score?

Sambhv Steel Tubes NSE:SAMBHV -0.20% 17 Altman Z-Score is 3.61 as of Jul. 05, 2026, which is 14% above its 10-year median of 3.18. GuruFocus rates NSE:SAMBHV with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 609 Steel companies, Sambhv Steel Tubes ranks better than 70.11% 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 3.61 is strong.

Sambhv Steel Tubes has a Altman Z-Score of 3.61, 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 Sambhv Steel Tubes's Altman Z-Score or its related term are showing as below:

NSE:SAMBHV' s Altman Z-Score Range Over the Past 10 Years
Min: 3.18   Med: 3.18   Max: 3.61
Current: 3.61

During the past 5 years, Sambhv Steel Tubes's highest Altman Z-Score was 3.61. The lowest was 3.18. And the median was 3.18.


Sambhv Steel Tubes  (NSE:SAMBHV) 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.


Sambhv Steel Tubes Altman Z-Score Related Terms


Sambhv Steel Tubes Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sambhv Steel Tubes'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.

Sambhv Steel Tubes Altman Z-Score Chart

Sambhv Steel Tubes Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 0.00 3.18

Sambhv Steel Tubes Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 5.10 4.73 3.18

NSE:SAMBHV vs NUE, STLD, RS: Altman Z-Score Comparison

For the Steel subindustry, Sambhv Steel Tubes'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.


Sambhv Steel Tubes Altman Z-Score vs Steel Industry

For the Steel industry and Basic Materials sector, Sambhv Steel Tubes's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Sambhv Steel Tubes's Altman Z-Score falls into.


NSE:SAMBHV
17GF Score
Sambhv Steel Tubes Ltd NSE:SAMBHV
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sambhv Steel Tubes 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.

Sambhv Steel Tubes'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*0.1075+1.4*0+3.3*0.1012+0.6*3.3453+1.0*1.1376
=3.61

* 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 ₹20,657 Mil.
Total Current Assets was ₹9,641 Mil.
Total Current Liabilities was ₹7,419 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 708.93 + 327.32 + 408.92 + 224.75 = ₹1,670 Mil.
Interest Expense was -97.23 + -75.38 + -82.75 + -165.03 = ₹-420 Mil.
Revenue was 6853.1 + 5891.35 + 5801.69 + 4952.63 = ₹23,499 Mil.
Market Cap (Today) was ₹33,858 Mil.
Total Liabilities was ₹10,121 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
=(9640.62 - 7418.99)/20657.05
=0.1075

X2=Retained Earnings/Total Assets
=0/20657.05
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1669.92 - -420.39)/20657.05
=0.1012

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=33857.747/10120.98
=3.3453

X5=Revenue/Total Assets
=23498.77/20657.05
=1.1376

The zones of discrimination were as such:

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

Sambhv Steel Tubes has a Altman Z-Score of 3.61 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 3.61 mean?
Sambhv Steel Tubes (NSE:SAMBHV) has a Altman Z-Score of 3.61 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sambhv Steel Tubes and its competitors. This is 14% above median its historical median of 3.18. Over the past decade, Sambhv Steel Tubes' Altman Z-Score has ranged from 3.18 to 3.61. According to the industry distribution chart, Sambhv Steel Tubes ranks #182 out of 609 companies in the Steel industry, placing it in the top 29.9%.
Is Sambhv Steel Tubes' Altman Z-Score too high?
Sambhv Steel Tubes' current Altman Z-Score of 3.61 is 14% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 3.61. The Steel industry median Altman Z-Score is 2.46. Sambhv Steel Tubes' value of 3.61 is 46.7% above this industry median. Based on the distribution chart, Sambhv Steel Tubes ranks #182 out of 609 companies in the Steel industry, which is above the industry midpoint. Overall, Sambhv Steel Tubes has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Sambhv Steel Tubes' Altman Z-Score compare to NUE and STLD?
According to the Steel industry distribution chart, Sambhv Steel Tubes ranks #182 out of 609 companies for Altman Z-Score. This puts Sambhv Steel Tubes in the upper half of its industry. The industry median Altman Z-Score is 2.46. Sambhv Steel Tubes' value of 3.61 is 46.7% above this benchmark. Historically, Sambhv Steel Tubes' own Altman Z-Score has ranged from 3.18 to 3.61 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 2.46, Sambhv Steel Tubes 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 Steel company?
The median Altman Z-Score among Steel companies is 2.46, based on 609 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. Sambhv Steel Tubes's current Altman Z-Score of 3.61 is 46.7% 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 Sambhv Steel Tubes and its competitors. For the Steel industry, the median Altman Z-Score is 2.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sambhv Steel Tubes's current Altman Z-Score is 3.61, which is 14% above median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sambhv Steel Tubes stock overvalued right now?
Sambhv Steel Tubes (NSE:SAMBHV) has a current Altman Z-Score of 3.61. The current Altman Z-Score is 3.61, which is 14% above median its 10-year median of 3.18 and 46.7% above the Steel industry median of 2.46. Sambhv Steel Tubes' overall GF Score™ is 17/100 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 Sambhv Steel Tubes (NSE:SAMBHV), the current Altman Z-Score is 3.61 as of Jul. 05, 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.

Sambhv Steel Tubes Business Description

Other Exchanges 544430:India
Address Office No. 501 to 511, Harshit Corporate, Amanaka, Raipur, CT, IND, 492 001
Sambhv Steel Tubes Ltd manufactures electric resistance welded steel pipes and structural tubes (hollow section) in India. The company's backward integration processes allow it to manufacture a range of finished products including ERW black pipes and tubes (hollow section), pre-galvanized pipes, Cold Rolled Full Hard Pipes, and galvanized iron pipes and steel door frames, using intermediate products such as sponge iron, blooms/slabs and hot rolled coil, cold rolled coil (mild steel) and GP coils. Its products are used in wide applications across multiple sectors, including housing and infrastructure, water transportation, agriculture, automobile, telecommunications, oil and gas, engineering, solar energy, fire-fighting systems, and for support structures of conveyors.
17GF Score

Get the complete analysis for NSE:SAMBHV

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

₹115.04
Price