Sharda Cropchem (NSE:SHARDACROP) Altman Z-Score: 3.71 (As of Jul. 07, 2026) — Near Median


NSE:SHARDACROP Sharda Cropchem Ltd NSE:SHARDACROP
93 GF Score
Price ₹920.95
GF Value ₹889.92
Valuation Fairly Valued
! 1 Warning Sign
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What is Sharda Cropchem Altman Z-Score?

Sharda Cropchem NSE:SHARDACROP +1.13% 93 Altman Z-Score is 3.71 as of Jul. 07, 2026, which is 2% above its 10-year median of 3.63. GuruFocus rates NSE:SHARDACROP with a GF Score™ of 93/100 and a GF Value™ of ₹889.92 (Fairly Valued). The stock has 1 warning sign investors should review. Among 248 Agriculture companies, Sharda Cropchem ranks better than 69.35% 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 3.71 is strong.

Sharda Cropchem has a Altman Z-Score of 3.71, 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 Sharda Cropchem's Altman Z-Score or its related term are showing as below:

NSE:SHARDACROP' s Altman Z-Score Range Over the Past 10 Years
Min: 2.89   Med: 3.63   Max: 6.3
Current: 3.71

During the past 13 years, Sharda Cropchem's highest Altman Z-Score was 6.30. The lowest was 2.89. And the median was 3.63.


Sharda Cropchem  (NSE:SHARDACROP) 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.


Sharda Cropchem Altman Z-Score Related Terms


Sharda Cropchem Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Sharda Cropchem'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.

Sharda Cropchem Altman Z-Score Chart

Sharda Cropchem 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 4.21 3.52 2.92 3.65 3.61

Sharda Cropchem Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only 3.65 4.38 3.71 4.00 3.61

NSE:SHARDACROP vs CTVA, CF, MOS: Altman Z-Score Comparison

For the Agricultural Inputs subindustry, Sharda Cropchem'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.


Sharda Cropchem Altman Z-Score vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sharda Cropchem's Altman Z-Score distribution charts can be found below:

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


NSE:SHARDACROP
93GF Score
Sharda Cropchem Ltd NSE:SHARDACROP
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharda Cropchem 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.

Sharda Cropchem'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*0.355+1.4*0+3.3*0.1483+0.6*3.1424+1.0*0.9113
=3.71

* 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 ₹57,803 Mil.
Total Current Assets was ₹44,381 Mil.
Total Current Liabilities was ₹23,862 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 4220.811 + 1785.622 + 857.239 + 1691.39 = ₹8,555 Mil.
Interest Expense was -4.677 + -3.899 + -3.429 + -5.564 = ₹-18 Mil.
Revenue was 20649.005 + 12887.574 + 9291.127 + 9848.146 = ₹52,676 Mil.
Market Cap (Today) was ₹83,061 Mil.
Total Liabilities was ₹26,433 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
=(44380.986 - 23861.946)/57803
=0.355

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(8555.062 - -17.569)/57803
=0.1483

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=83061.499/26432.643
=3.1424

X5=Revenue/Total Assets
=52675.852/57803
=0.9113

The zones of discrimination were as such:

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

Sharda Cropchem has a Altman Z-Score of 3.71 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 3.71 mean?
Sharda Cropchem (NSE:SHARDACROP) has a Altman Z-Score of 3.71 as of Jul. 07, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Sharda Cropchem and its competitors. This is near median its historical median of 3.63. Over the past decade, Sharda Cropchem's Altman Z-Score has ranged from 2.89 to 6.30. According to the industry distribution chart, Sharda Cropchem ranks #76 out of 248 companies in the Agriculture industry, placing it in the top 30.6%.
Is Sharda Cropchem's Altman Z-Score too high?
Sharda Cropchem's current Altman Z-Score of 3.71 is near median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 2.89 to a high of 6.30. The Agriculture industry median Altman Z-Score is 2.69. Sharda Cropchem's value of 3.71 is 38.2% above this industry median. Based on the distribution chart, Sharda Cropchem ranks #76 out of 248 companies in the Agriculture industry, which is above the industry midpoint. Overall, Sharda Cropchem has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sharda Cropchem's Altman Z-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, Sharda Cropchem ranks #76 out of 248 companies for Altman Z-Score. This puts Sharda Cropchem in the upper half of its industry. The industry median Altman Z-Score is 2.69. Sharda Cropchem's value of 3.71 is 38.2% above this benchmark. Historically, Sharda Cropchem's own Altman Z-Score has ranged from 2.89 to 6.30 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 2.69, Sharda Cropchem 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 Agriculture company?
The median Altman Z-Score among Agriculture companies is 2.69, based on 248 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. Sharda Cropchem's current Altman Z-Score of 3.71 is 38.2% 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 Sharda Cropchem and its competitors. For the Agriculture industry, the median Altman Z-Score is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharda Cropchem's current Altman Z-Score is 3.71, which is near median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharda Cropchem stock overvalued right now?
Based on GuruFocus' analysis, Sharda Cropchem (NSE:SHARDACROP) is currently considered Fairly Valued. The stock's GF Value™ is ₹889.92, compared to a current price of ₹920.95 — trading 3.5% above its estimated fair value. The current Altman Z-Score is 3.71, which is near median its 10-year median of 3.63 and 38.2% above the Agriculture industry median of 2.69. Sharda Cropchem's overall GF Score™ is 93/100 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 Sharda Cropchem (NSE:SHARDACROP), the current Altman Z-Score is 3.71 as of Jul. 07, 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.

Is Sharda Cropchem (NSE:SHARDACROP) Overvalued in 2026?

Based on GuruFocus' analysis, Sharda Cropchem stock appears to be overvalued. The current stock price of ₹920.95 is trading 3.5% above its estimated GF Value™ of ₹889.92. GuruFocus considers Sharda Cropchem to be Fairly Valued.

Key valuation signals for NSE:SHARDACROP:

  • Altman Z-Score: 3.71 (near median its 10-year median of 3.63)
  • GF Value™: ₹889.92 vs. price of ₹920.95 (3.5% above fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 38.2% above the Agriculture median (#76 of 248)

No single metric tells the full story. See the NSE:SHARDACROP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sharda Cropchem Business Description

Other Exchanges 538666:India
Address Dashrathlal Joshi Road, 2nd Floor, Prime Business Park, Vile Parle (West), Mumbai, MH, IND, 400 056
Sharda Cropchem Ltd is an agrochemical company based in India. It markets and sells formulations and active ingredients for agricultural purposes through its subsidiaries. The company functions through two segments, which are Agrochemicals and Non-Agrochemicals. The company earns a majority of its income through the development and sale of agrochemicals such as insecticides, herbicides, fungicides, and biocides. It sells conveyor belts, V-belts, timing belts, dyes, and general chemicals. and dye intermediaries under the Non-Agrochemicals segment. Geographically, it derives its key revenue from Europe and the rest from the NAFTA countries, Latin America, India, and the rest of the world.
93GF Score

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

₹920.95
Price
₹889.92
GF Value