Ind-Swift Laboratories (NSE:INDSWFTLAB) Cash Ratio: 1.83 (As of Mar. 2026) — 2514% Above Median

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NSE:INDSWFTLAB Ind-Swift Laboratories Ltd NSE:INDSWFTLAB
50 GF Score
Price ₹228.41
GF Value ₹44.22
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Ind-Swift Laboratories Cash Ratio?

Ind-Swift Laboratories NSE:INDSWFTLAB +0.85% 50 Cash Ratio is 1.83 as of Mar. 2026, which is 2514% above its 10-year median of 0.07. GuruFocus rates NSE:INDSWFTLAB with a GF Score™ of 50/100 and a GF Value™ of ₹44.22 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 971 Drug Manufacturers companies, Ind-Swift Laboratories ranks better than 76.93% on this metric.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Ind-Swift Laboratories's Cash Ratio for the quarter that ended in Mar. 2026 was 1.83.

Ind-Swift Laboratories has a Cash Ratio of 1.83. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.

The historical rank and industry rank for Ind-Swift Laboratories's Cash Ratio or its related term are showing as below:

NSE:INDSWFTLAB' s Cash Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.07   Max: 2.05
Current: 1.83

During the past 13 years, Ind-Swift Laboratories's highest Cash Ratio was 2.05. The lowest was 0.06. And the median was 0.07.

NSE:INDSWFTLAB's Cash Ratio is ranked better than
76.93% of 971 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs NSE:INDSWFTLAB: 1.83

Ind-Swift Laboratories  (NSE:INDSWFTLAB) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Ind-Swift Laboratories Cash Ratio Related Terms


Ind-Swift Laboratories Cash Ratio Historical Data

* Premium members only.

The historical data trend for Ind-Swift Laboratories's Cash Ratio 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.

Ind-Swift Laboratories Cash Ratio Chart

Ind-Swift Laboratories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.06 1.10 2.05 1.83

Ind-Swift Laboratories Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Cash Ratio 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 0.00 2.05 2.07 0.00 1.83

NSE:INDSWFTLAB vs ZTS: Cash Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ind-Swift Laboratories's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Ind-Swift Laboratories Cash Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ind-Swift Laboratories's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Ind-Swift Laboratories's Cash Ratio falls into.


NSE:INDSWFTLAB
50GF Score
Ind-Swift Laboratories Ltd NSE:INDSWFTLAB
Cash Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ind-Swift Laboratories Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Ind-Swift Laboratories's Cash Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Cash Ratio (A: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4718.56/2572.853
=1.83

Ind-Swift Laboratories's Cash Ratio for the quarter that ended in Mar. 2026 is calculated as:

Cash Ratio (Q: Mar. 2026 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=4718.56/2572.853
=1.83

* 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.

Frequently Asked Questions Learn more about Cash Ratio →
What does a Cash Ratio of 1.83 mean?
Ind-Swift Laboratories (NSE:INDSWFTLAB) has a Cash Ratio of 1.83 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ind-Swift Laboratories and its competitors. This is 2514% above median its historical median of 0.07. Over the past decade, Ind-Swift Laboratories' Cash Ratio has ranged from 0.06 to 2.05. According to the industry distribution chart, Ind-Swift Laboratories ranks #224 out of 971 companies in the Drug Manufacturers industry, placing it in the top 23.1%.
Is Ind-Swift Laboratories' Cash Ratio too high?
Ind-Swift Laboratories' current Cash Ratio of 1.83 is 2514% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.05. The Drug Manufacturers industry median Cash Ratio is 0.59. Ind-Swift Laboratories' value of 1.83 is 210.2% above this industry median. Based on the distribution chart, Ind-Swift Laboratories ranks #224 out of 971 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Ind-Swift Laboratories has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ind-Swift Laboratories' Cash Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Ind-Swift Laboratories ranks #224 out of 971 companies for Cash Ratio. This places Ind-Swift Laboratories in the top 23% of its industry — outperforming the majority of peers. The industry median Cash Ratio is 0.59. Ind-Swift Laboratories' value of 1.83 is 210.2% above this benchmark. Historically, Ind-Swift Laboratories' own Cash Ratio has ranged from 0.06 to 2.05 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.59, Ind-Swift Laboratories 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 Cash Ratio for a Drug Manufacturers company?
The median Cash Ratio among Drug Manufacturers companies is 0.59, based on 971 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ind-Swift Laboratories's current Cash Ratio of 1.83 is 210.2% 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 Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ind-Swift Laboratories and its competitors. For the Drug Manufacturers industry, the median Cash Ratio is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ind-Swift Laboratories's current Cash Ratio is 1.83, which is 2514% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ind-Swift Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Ind-Swift Laboratories (NSE:INDSWFTLAB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹44.22, compared to a current price of ₹228.41 — trading 416.5% above its estimated fair value. The current Cash Ratio is 1.83, which is 2514% above median its 10-year median of 0.07 and 210.2% above the Drug Manufacturers industry median of 0.59. Ind-Swift Laboratories' overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Ind-Swift Laboratories (NSE:INDSWFTLAB), the current Cash Ratio is 1.83 as of Mar. 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 Ind-Swift Laboratories (NSE:INDSWFTLAB) Overvalued in 2026?

Based on GuruFocus' analysis, Ind-Swift Laboratories stock appears to be overvalued. The current stock price of ₹228.41 is trading 416.5% above its estimated GF Value™ of ₹44.22. GuruFocus considers Ind-Swift Laboratories to be Significantly Overvalued.

Key valuation signals for NSE:INDSWFTLAB:

  • Cash Ratio: 1.83 (2514% above median its 10-year median of 0.07)
  • GF Value™: ₹44.22 vs. price of ₹228.41 (416.5% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 210.2% above the Drug Manufacturers median (#224 of 971)

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


Ind-Swift Laboratories Business Description

Other Exchanges 532305:India
Address SCO 850, NAC, Shivalik Enclave, Manimajra, Chandigarh, PB, IND, 160101
Ind-Swift Laboratories Ltd is involved in manufacturing Active Pharmaceutical Ingredients (API), Intermediates, and formulations. The company serves various therapeutic segments, including Cardiovascular health, Antihistamines, Antidiabetics, Antipsychotics, Parkinson's disease, Antineoplastics, ADHD Symptoms, Analgesics, Alcohol Abstinence, and Bone Resorption Inhibitors. It operates solely in the pharmaceutical products sector. Geographically, the company supplies both domestic and international markets, with the majority of its revenue coming from outside India.
50GF Score

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

₹228.41
Price
₹44.22
GF Value