Shree Ram Twistex (NSE:SRTL) Altman Z-Score: 1.95 (As of Jul. 11, 2026) — Near Median


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What is Shree Ram Twistex Altman Z-Score?

Shree Ram Twistex NSE:SRTL -1.13% 14 Altman Z-Score is 1.95 as of Jul. 11, 2026, which is 2% below its 10-year median of 1.98. GuruFocus rates NSE:SRTL with a GF Score™ of 14/100. The stock has 3 warning signs investors should review. Among 1,026 Manufacturing - Apparel & Accessories companies, Shree Ram Twistex ranks worse than 64.04% 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 1.95 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.

Shree Ram Twistex has a Altman Z-Score of 1.95, indicating it is in Grey Zones. This implies that Shree Ram Twistex 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 Shree Ram Twistex's Altman Z-Score or its related term are showing as below:

NSE:SRTL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.95   Med: 1.98   Max: 1.98
Current: 1.95

During the past 5 years, Shree Ram Twistex's highest Altman Z-Score was 1.98. The lowest was 1.95. And the median was 1.98.


Shree Ram Twistex  (NSE:SRTL) 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.


Shree Ram Twistex Altman Z-Score Related Terms


Shree Ram Twistex Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Shree Ram Twistex'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.

Shree Ram Twistex Altman Z-Score Chart

Shree Ram Twistex Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 0.00 1.98

Shree Ram Twistex Quarterly Data
Mar22 Mar23 Mar24 Dec24 Mar25 Sep25 Mar26
Altman Z-Score Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 1.98

Shree Ram Twistex Altman Z-Score Competitor Comparison

For the Textile Manufacturing subindustry, Shree Ram Twistex'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.


Shree Ram Twistex Altman Z-Score vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shree Ram Twistex's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Shree Ram Twistex's Altman Z-Score falls into.


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Shree Ram Twistex 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.

Shree Ram Twistex'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*0.4041+1.4*0+3.3*0.0344+0.6*1.4343+1.0*0.4871
=1.95

* 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 ₹3,086.5 Mil.
Total Current Assets was ₹2,187.4 Mil.
Total Current Liabilities was ₹940.2 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was 50.919 + 0 + 7.473 + 0 = ₹58.4 Mil.
Interest Expense was -27.839 + 0 + -19.979 + 0 = ₹-47.8 Mil.
Revenue was 478.96 + 0 + 1024.456 + 0 = ₹1,503.4 Mil.
Market Cap (Today) was ₹1,580.2 Mil.
Total Liabilities was ₹1,101.7 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
=(2187.435 - 940.193)/3086.46
=0.4041

X2=Retained Earnings/Total Assets
=0/3086.46
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(58.392 - -47.818)/3086.46
=0.0344

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1580.212/1101.703
=1.4343

X5=Revenue/Total Assets
=1503.416/3086.46
=0.4871

The zones of discrimination were as such:

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

Shree Ram Twistex has a Altman Z-Score of 1.95 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 1.95 mean?
Shree Ram Twistex (NSE:SRTL) has a Altman Z-Score of 1.95 as of Jul. 11, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Shree Ram Twistex and its competitors. This is near median its historical median of 1.98. Over the past decade, Shree Ram Twistex's Altman Z-Score has ranged from 1.95 to 1.98. According to the industry distribution chart, Shree Ram Twistex ranks #657 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64%.
Is Shree Ram Twistex's Altman Z-Score too high?
Shree Ram Twistex's current Altman Z-Score of 1.95 is near median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.95 to a high of 1.98. The Manufacturing - Apparel & Accessories industry median Altman Z-Score is 2.55. Shree Ram Twistex's value of 1.95 is 23.4% below this industry median. Based on the distribution chart, Shree Ram Twistex ranks #657 out of 1026 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shree Ram Twistex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Shree Ram Twistex's Altman Z-Score compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shree Ram Twistex ranks #657 out of 1026 companies for Altman Z-Score. This places Shree Ram Twistex in the lower half of its industry. The industry median Altman Z-Score is 2.55. Shree Ram Twistex's value of 1.95 is 23.4% below this benchmark. Historically, Shree Ram Twistex's own Altman Z-Score has ranged from 1.95 to 1.98 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.55, Shree Ram Twistex 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 Manufacturing - Apparel & Accessories company?
The median Altman Z-Score among Manufacturing - Apparel & Accessories companies is 2.55, based on 1,026 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. Shree Ram Twistex's current Altman Z-Score of 1.95 is 23.4% 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 Shree Ram Twistex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Altman Z-Score is 2.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Ram Twistex's current Altman Z-Score is 1.95, which is near median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Ram Twistex stock overvalued right now?
Shree Ram Twistex (NSE:SRTL) has a current Altman Z-Score of 1.95. The current Altman Z-Score is 1.95, which is near median its 10-year median of 1.98 and 23.4% below the Manufacturing - Apparel & Accessories industry median of 2.55. Shree Ram Twistex's overall GF Score™ is 14/100 with 3 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 Shree Ram Twistex (NSE:SRTL), the current Altman Z-Score is 1.95 as of Jul. 11, 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.

Shree Ram Twistex Business Description

Other Exchanges 544716:India
Address 566P1, Umwada Road, Near Bajrang Cotspin, Gondal Market Yard, Gondal, Rajkot, GJ, IND, 360 311
Shree Ram Twistex Ltd is engaged in the manufacturing of Cotton Yarns, including Compact Ring Spun and Carded Yarns, both Combed and Carded. The company's product portfolio also includes other yarns such as Eli Twist (Combed and Carded), Compact Slub Yarns, and Lycra-Blended Yarns. It serves various segments such as denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of its products including Carded Yarn, Combed Yarn, ELI Twist Yarn, Lycra Blended Yarn, and Compact Slub Yarn.
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