Studds Accessories (NSE:STUDDS) Altman Z-Score: 11.45 (As of Jul. 05, 2026) — Near Median


NSE:STUDDS Studds Accessories Ltd NSE:STUDDS
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What is Studds Accessories Altman Z-Score?

Studds Accessories NSE:STUDDS -0.66% 30 Altman Z-Score is 11.45 as of Jul. 05, 2026, which is 3% above its 10-year median of 11.08. GuruFocus rates NSE:STUDDS with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,316 Vehicles & Parts companies, Studds Accessories ranks better than 95.44% 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 11.45 is strong.

Studds Accessories has a Altman Z-Score of 11.45, 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 Studds Accessories's Altman Z-Score or its related term are showing as below:

NSE:STUDDS' s Altman Z-Score Range Over the Past 10 Years
Min: 11.08   Med: 11.08   Max: 11.45
Current: 11.45

During the past 5 years, Studds Accessories's highest Altman Z-Score was 11.45. The lowest was 11.08. And the median was 11.08.


Studds Accessories  (NSE:STUDDS) 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.


Studds Accessories Altman Z-Score Related Terms


Studds Accessories Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Studds Accessories'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.

Studds Accessories Altman Z-Score Chart

Studds Accessories Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
0.00 0.00 0.00 0.00 11.08

Studds Accessories Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 13.84 11.08

NSE:STUDDS vs ORLY, AZO: Altman Z-Score Comparison

For the Auto Parts subindustry, Studds Accessories'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.


Studds Accessories Altman Z-Score vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Studds Accessories's Altman Z-Score distribution charts can be found below:

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


NSE:STUDDS
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Studds Accessories Ltd NSE:STUDDS
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Studds Accessories 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.

Studds Accessories'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*0.2151+1.4*0+3.3*0.1776+0.6*16.0372+1.0*0.9873
=11.45

* 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 ₹6,376 Mil.
Total Current Assets was ₹2,179 Mil.
Total Current Liabilities was ₹808 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was 289.19 + 278.03 + 276.67 + 269.34 = ₹1,113 Mil.
Interest Expense was -2.22 + -1.91 + -11.45 + -3.37 = ₹-19 Mil.
Revenue was 1675.42 + 1630.34 + 1491.82 + 1497.51 = ₹6,295 Mil.
Market Cap (Today) was ₹18,384 Mil.
Total Liabilities was ₹1,146 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
=(2179.41 - 807.83)/6376.01
=0.2151

X2=Retained Earnings/Total Assets
=0/6376.01
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1113.23 - -18.95)/6376.01
=0.1776

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=18383.941/1146.33
=16.0372

X5=Revenue/Total Assets
=6295.09/6376.01
=0.9873

The zones of discrimination were as such:

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

Studds Accessories has a Altman Z-Score of 11.45 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 11.45 mean?
Studds Accessories (NSE:STUDDS) has a Altman Z-Score of 11.45 as of Jul. 05, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Studds Accessories and its competitors. This is near median its historical median of 11.08. Over the past decade, Studds Accessories' Altman Z-Score has ranged from 11.08 to 11.45. According to the industry distribution chart, Studds Accessories ranks #60 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 4.6%.
Is Studds Accessories' Altman Z-Score too high?
Studds Accessories' current Altman Z-Score of 11.45 is near median its 10-year median of 11.08. Over the past 10 years, this metric has ranged from a low of 11.08 to a high of 11.45. The Vehicles & Parts industry median Altman Z-Score is 2.58. Studds Accessories' value of 11.45 is 344.7% above this industry median. Based on the distribution chart, Studds Accessories ranks #60 out of 1316 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Studds Accessories has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Studds Accessories' Altman Z-Score compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Studds Accessories ranks #60 out of 1316 companies for Altman Z-Score. This places Studds Accessories in the top 5% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.58. Studds Accessories' value of 11.45 is 344.7% above this benchmark. Historically, Studds Accessories' own Altman Z-Score has ranged from 11.08 to 11.45 over the past decade. While the company's 10-year median is 11.08 vs. the industry median of 2.58, Studds Accessories 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 Vehicles & Parts company?
The median Altman Z-Score among Vehicles & Parts companies is 2.58, based on 1,316 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. Studds Accessories's current Altman Z-Score of 11.45 is 344.7% 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 Studds Accessories and its competitors. For the Vehicles & Parts industry, the median Altman Z-Score is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Studds Accessories's current Altman Z-Score is 11.45, which is near median its own 10-year median of 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Studds Accessories stock overvalued right now?
Studds Accessories (NSE:STUDDS) has a current Altman Z-Score of 11.45. The current Altman Z-Score is 11.45, which is near median its 10-year median of 11.08 and 344.7% above the Vehicles & Parts industry median of 2.58. Studds Accessories' overall GF Score™ is 30/100 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 Studds Accessories (NSE:STUDDS), the current Altman Z-Score is 11.45 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.

Studds Accessories Business Description

Other Exchanges 544599:India
Address Plot No. 918, Sector 68, IMT, Faridabad, HR, IND, 121 004
Studds Accessories Ltd is engaged in the manufacturing and sale of helmets and two-wheeler accessories. It markets helmets under the Studds and SMK brands, while accessories such as luggage, gloves, helmet locks, rain suits, riding jackets, and eyewear are marketed under the Studds brand. Its key export markets include the Americas, Asia, Europe, and the rest of the world. The company generates the majority of its revenue from two-wheeler helmets within India.
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