Mid India Industries (BOM:500277) Current Ratio: 0.41 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500277 Mid India Industries Ltd BOM:500277
47 GF Score
Price ₹6.38
GF Value ₹17.48
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Mid India Industries Current Ratio?

Mid India Industries BOM:500277 +4.59% 47 Current Ratio is 0.41 as of Mar. 2026, which is 2% below its 10-year median of 0.42. GuruFocus rates BOM:500277 with a GF Score™ of 47/100 and a GF Value™ of ₹17.48 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,793 Real Estate companies, Mid India Industries ranks worse than 91.41% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mid India Industries's current ratio for the quarter that ended in Mar. 2026 was 0.41.

Mid India Industries has a current ratio of 0.41. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Mid India Industries has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Mid India Industries's Current Ratio or its related term are showing as below:

BOM:500277' s Current Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.42   Max: 0.85
Current: 0.41

During the past 13 years, Mid India Industries's highest Current Ratio was 0.85. The lowest was 0.20. And the median was 0.42.

BOM:500277's Current Ratio is ranked worse than
91.41% of 1793 companies
in the Real Estate industry
Industry Median: 1.69 vs BOM:500277: 0.41

Mid India Industries  (BOM:500277) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Mid India Industries Current Ratio Related Terms


Mid India Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Mid India Industries's Current 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.

Mid India Industries Current Ratio Chart

Mid India Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.42 0.42 0.20 0.41

Mid India Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current 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 0.20 0.00 0.31 0.00 0.41

Mid India Industries Current Ratio Competitor Comparison

For the Real Estate - Development subindustry, Mid India Industries's Current Ratio, along with its competitors' market caps and Current 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.


Mid India Industries Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mid India Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mid India Industries's Current Ratio falls into.


BOM:500277
47GF Score
Mid India Industries Ltd BOM:500277
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mid India Industries Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Mid India Industries's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=30.474/75.059
=0.41

Mid India Industries's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=30.474/75.059
=0.41

* 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 Current Ratio →
What does a Current Ratio of 0.41 mean?
Mid India Industries (BOM:500277) has a Current Ratio of 0.41 as of Mar. 2026. This is near median its historical median of 0.42. Over the past decade, Mid India Industries' Current Ratio has ranged from 0.20 to 0.85. According to the industry distribution chart, Mid India Industries ranks #1639 out of 1793 companies in the Real Estate industry, placing it in the top 91.4%.
Is Mid India Industries' Current Ratio too high?
Mid India Industries' current Current Ratio of 0.41 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.85. The Real Estate industry median Current Ratio is 1.69. Mid India Industries' value of 0.41 is 75.7% below this industry median. Based on the distribution chart, Mid India Industries ranks #1639 out of 1793 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Mid India Industries has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mid India Industries' Current Ratio compare to competitors?
According to the Real Estate industry distribution chart, Mid India Industries ranks #1639 out of 1793 companies for Current Ratio. This places Mid India Industries in the lower half of its industry. The industry median Current Ratio is 1.69. Mid India Industries' value of 0.41 is 75.7% below this benchmark. Historically, Mid India Industries' own Current Ratio has ranged from 0.20 to 0.85 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.69, Mid India Industries 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 Current Ratio for a Real Estate company?
The median Current Ratio among Real Estate companies is 1.69, based on 1,793 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mid India Industries's current Current Ratio of 0.41 is 75.7% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median Current Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mid India Industries's current Current Ratio is 0.41, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mid India Industries stock overvalued right now?
Based on GuruFocus' analysis, Mid India Industries (BOM:500277) is currently considered Possible Value Trap. The stock's GF Value™ is ₹17.48, compared to a current price of ₹6.38 — trading 63.5% below its estimated fair value. The current Current Ratio is 0.41, which is near median its 10-year median of 0.42 and 75.7% below the Real Estate industry median of 1.69. Mid India Industries' overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mid India Industries (BOM:500277), the current Current Ratio is 0.41 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 Mid India Industries (BOM:500277) Overvalued in 2026?

Based on GuruFocus' analysis, Mid India Industries stock appears to be undervalued. The current stock price of ₹6.38 is trading 63.5% below its estimated GF Value™ of ₹17.48. GuruFocus considers Mid India Industries to be Possible Value Trap.

Key valuation signals for BOM:500277:

  • Current Ratio: 0.41 (near median its 10-year median of 0.42)
  • GF Value™: ₹17.48 vs. price of ₹6.38 (63.5% below fair value)
  • GF Score™: 47/100 with 2 warning signs
  • Industry Position: 75.7% below the Real Estate median (#1639 of 1793)

No single metric tells the full story. See the BOM:500277 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mid India Industries Business Description

Address 401, Princess Centre, 6/3, New Palasia, Indore, MP, IND, 452003
Mid India Industries Ltd is is engaged in Trading business. Its primary focus will be on real estate business. The company has received approval to develop the residential colony with project names Agrasen Enclave-2 colony.
47GF Score

Get the complete analysis for BOM:500277

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

₹6.38
Price
₹17.48
GF Value