Walpar Nutritions (NSE:WALPAR) Altman Z-Score: 3.12 (As of Jul. 10, 2026)


NSE:WALPAR Walpar Nutritions Ltd NSE:WALPAR
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What is Walpar Nutritions Altman Z-Score?

Walpar Nutritions NSE:WALPAR -1.15% 54 Altman Z-Score is 3.12 as of Jul. 10, 2026. GuruFocus rates NSE:WALPAR with a GF Score™ of 54/100.

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.

Walpar Nutritions has a Altman Z-Score of 3.12, 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 Walpar Nutritions's Altman Z-Score or its related term are showing as below:


Walpar Nutritions  (NSE:WALPAR) 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.


Walpar Nutritions Altman Z-Score Related Terms


Walpar Nutritions Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Walpar Nutritions'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.

Walpar Nutritions Altman Z-Score Chart

Walpar Nutritions Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Altman Z-Score
Get a 7-Day Free Trial 0.00 0.00 1.80 2.19 0.00

Walpar Nutritions Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 0.00 2.19 0.00 0.00

NSE:WALPAR vs ZTS, VTRS: Altman Z-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Walpar Nutritions'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.


Walpar Nutritions Altman Z-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Walpar Nutritions's Altman Z-Score distribution charts can be found below:

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


NSE:WALPAR
54GF Score
Walpar Nutritions Ltd NSE:WALPAR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Walpar Nutritions 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.

Walpar Nutritions'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*0.2144+1.4*0+3.3*0.0841+0.6*1.5106+1.0*1.6822
=3.12

* 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. 2024:
Total Assets was ₹371.7 Mil.
Total Current Assets was ₹246.3 Mil.
Total Current Liabilities was ₹166.7 Mil.
Retained Earnings was ₹0.0 Mil.
Pre-Tax Income was ₹24.9 Mil.
Interest Expense was ₹-6.3 Mil.
Revenue was ₹625.2 Mil.
Market Cap (Today) was ₹313.3 Mil.
Total Liabilities was ₹207.4 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
=(246.335 - 166.665)/371.674
=0.2144

X2=Retained Earnings/Total Assets
=0/371.674
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(24.932 - -6.337)/371.674
=0.0841

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=313.344/207.432
=1.5106

X5=Revenue/Total Assets
=625.217/371.674
=1.6822

The zones of discrimination were as such:

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

Walpar Nutritions has a Altman Z-Score of 3.12 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 3.12 mean?
Walpar Nutritions (NSE:WALPAR) has a Altman Z-Score of 3.12 as of Jul. 10, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Walpar Nutritions and its competitors.
Is Walpar Nutritions' Altman Z-Score too high?
Walpar Nutritions' current Altman Z-Score is 3.12. The Drug Manufacturers industry median Altman Z-Score is 3.27. Walpar Nutritions' value of 3.12 is 4.6% below this industry median. Overall, Walpar Nutritions has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Walpar Nutritions' Altman Z-Score compare to ZTS and VTRS?
Walpar Nutritions' Altman Z-Score of 3.12 can be compared against companies in the Drug Manufacturers industry. The industry median Altman Z-Score is 3.27. Walpar Nutritions' value of 3.12 is 4.6% below this benchmark. 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 Drug Manufacturers company?
The median Altman Z-Score among Drug Manufacturers companies is 3.27, based on 952 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. Walpar Nutritions's current Altman Z-Score of 3.12 is 4.6% 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 Walpar Nutritions and its competitors. For the Drug Manufacturers industry, the median Altman Z-Score is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Walpar Nutritions's current Altman Z-Score is 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Walpar Nutritions stock overvalued right now?
Walpar Nutritions (NSE:WALPAR) has a current Altman Z-Score of 3.12. The current Altman Z-Score is 3.12 and 4.6% below the Drug Manufacturers industry median of 3.27. Walpar Nutritions' overall GF Score™ is 54/100. 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 Walpar Nutritions (NSE:WALPAR), the current Altman Z-Score is 3.12 as of Jul. 10, 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.

Walpar Nutritions Business Description

Address Khatraj, 2nd Floor L5:377 Plot No 5, Omkar Estate, Opposite Sabarmati Gas Station, Kalol, Gandhinagar, GJ, IND, 382721
Walpar Nutritions Ltd is India-based company, which is engaged in manufacturing and trading of pharmaceutical, nutraceutical, herbal and ayurvedic commodities. It also manufactures various private label/third party brands for different companies across the country and overseas, as well as for their own brand sales. It is a manufacturer of various types of nutraceutical formulation, pharmaceutical ingredients, and pharmaceutical formulations. It specializes in contract manufacturing, raw materials trading, and direct selling. Its portfolio consists of tablets, capsules, powder/sachets, and oral liquids.
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