Sati Poly Plast (NSE:SATIPOLY) Altman Z-Score: 4.55 (As of Jul. 01, 2026) — Near Median


NSE:SATIPOLY Sati Poly Plast Ltd NSE:SATIPOLY
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What is Sati Poly Plast Altman Z-Score?

Sati Poly Plast NSE:SATIPOLY 14 Altman Z-Score is 4.55 as of Jul. 01, 2026, which is 5% below its 10-year median of 4.79. GuruFocus rates NSE:SATIPOLY with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 387 Packaging & Containers companies, Sati Poly Plast ranks better than 78.81% 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 4.54 is strong.

Sati Poly Plast has a Altman Z-Score of 4.55, 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 Sati Poly Plast's Altman Z-Score or its related term are showing as below:

NSE:SATIPOLY' s Altman Z-Score Range Over the Past 10 Years
Min: 4.54   Med: 4.79   Max: 4.79
Current: 4.54

During the past 4 years, Sati Poly Plast's highest Altman Z-Score was 4.79. The lowest was 4.54. And the median was 4.79.


Sati Poly Plast  (NSE:SATIPOLY) 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.


Sati Poly Plast Altman Z-Score Related Terms


Sati Poly Plast Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sati Poly Plast'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.

Sati Poly Plast Altman Z-Score Chart

Sati Poly Plast Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Altman Z-Score
0.00 0.00 0.00 4.79

Sati Poly Plast Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Altman Z-Score 0.00 0.00 0.00 4.79

NSE:SATIPOLY vs SW, PKG, IP: Altman Z-Score Comparison

For the Packaging & Containers subindustry, Sati Poly Plast'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.


Sati Poly Plast Altman Z-Score vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sati Poly Plast's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Sati Poly Plast's Altman Z-Score falls into.


NSE:SATIPOLY
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Sati Poly Plast 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.

Sati Poly Plast'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*0.1787+1.4*-0.1058+3.3*-0.2051+0.6*0.3517+1.0*4.9511
=4.55

* 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 ₹610 Mil.
Total Current Assets was ₹501 Mil.
Total Current Liabilities was ₹392 Mil.
Retained Earnings was ₹-65 Mil.
Pre-Tax Income was ₹-140 Mil.
Interest Expense was ₹-15 Mil.
Revenue was ₹3,019 Mil.
Market Cap (Today) was ₹158 Mil.
Total Liabilities was ₹448 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
=(500.589 - 391.65)/609.677
=0.1787

X2=Retained Earnings/Total Assets
=-64.509/609.677
=-0.1058

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-140.327 - -15.27)/609.677
=-0.2051

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=157.562/448.056
=0.3517

X5=Revenue/Total Assets
=3018.559/609.677
=4.9511

The zones of discrimination were as such:

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

Sati Poly Plast has a Altman Z-Score of 4.55 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 4.55 mean?
Sati Poly Plast (NSE:SATIPOLY) has a Altman Z-Score of 4.55 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sati Poly Plast and its competitors. This is near median its historical median of 4.79. Over the past decade, Sati Poly Plast's Altman Z-Score has ranged from 4.54 to 4.79. According to the industry distribution chart, Sati Poly Plast ranks #82 out of 387 companies in the Packaging & Containers industry, placing it in the top 21.2%.
Is Sati Poly Plast's Altman Z-Score too high?
Sati Poly Plast's current Altman Z-Score of 4.55 is near median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 4.54 to a high of 4.79. The Packaging & Containers industry median Altman Z-Score is 2.66. Sati Poly Plast's value of 4.55 is 71.1% above this industry median. Based on the distribution chart, Sati Poly Plast ranks #82 out of 387 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Sati Poly Plast has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Sati Poly Plast's Altman Z-Score compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Sati Poly Plast ranks #82 out of 387 companies for Altman Z-Score. This places Sati Poly Plast in the top 21% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.66. Sati Poly Plast's value of 4.55 is 71.1% above this benchmark. Historically, Sati Poly Plast's own Altman Z-Score has ranged from 4.54 to 4.79 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 2.66, Sati Poly Plast 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 Packaging & Containers company?
The median Altman Z-Score among Packaging & Containers companies is 2.66, based on 387 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. Sati Poly Plast's current Altman Z-Score of 4.55 is 71.1% 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 Sati Poly Plast and its competitors. For the Packaging & Containers industry, the median Altman Z-Score is 2.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sati Poly Plast's current Altman Z-Score is 4.55, which is near median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sati Poly Plast stock overvalued right now?
Sati Poly Plast (NSE:SATIPOLY) has a current Altman Z-Score of 4.55. The current Altman Z-Score is 4.55, which is near median its 10-year median of 4.79 and 71.1% above the Packaging & Containers industry median of 2.66. Sati Poly Plast's overall GF Score™ is 14/100 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 Sati Poly Plast (NSE:SATIPOLY), the current Altman Z-Score is 4.55 as of Jul. 01, 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.

Sati Poly Plast Business Description

Address Sector 132, Unit IS 1801, Urbtech Trade Center, Noida, UP, IND, 201305
Sati Poly Plast Ltd is an Indian company engaged in the manufacturing of flexible packaging material, which is multi-functional and caters to the packaging requirements of various industries. The company offers plastic packaging solutions for food items (such as dairy products, biscuits, snacks, oil products, frozen food, etc.), non-food items (like pharmaceutical products, chemicals, home and personal care products, etc), and 3D/5D seal pouch packaging solutions. Geographically, the company generates maximum revenue from its domestic market, and also exports its products to other regions.
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