Paper Title
PREDICTING FINANCIAL DISTRESS IN CONSTRUCTION AND REAL ESTATE SECTOR IN INDIA

Abstract
Abstract - The paper aims to predict the financial distress of Indian listed companies in construction and real estate sector using Altman Z score model. Financial distress is a phenomenon where the business is not able to generate adequate revenue to meet its financial obligations. Timeous and accurate financial distress prediction is important as it helps the companies to identify their feebleness much in advance and take preventive steps. Altman Z score model is a world- renowned model for financial distress prediction. Here in this research paper sample of 50 construction and real estate Indian listed companies are taken for which Z-score was found out. The study reveals that all the unhealthy companies show low Z-score which proves their distress situation while healthy companies show high Zscore which proves their financial soundness. Keywords - Financial Distress, Altman Z-Score Model, Bankruptcy Prediction, Financial Performance