ASI Industries (BOM:502015) Current Ratio: 2.79 (As of Mar. 2026) — 37% Above Median


BOM:502015 ASI Industries Ltd BOM:502015
71 GF Score
Price ₹24.52
GF Value ₹30.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is ASI Industries Current Ratio?

ASI Industries BOM:502015 +2.29% 71 Current Ratio is 2.79 as of Mar. 2026, which is 37% above its 10-year median of 2.03. GuruFocus rates BOM:502015 with a GF Score™ of 71/100 and a GF Value™ of ₹30.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,632 Metals & Mining companies, ASI Industries ranks better than 51.86% 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. ASI Industries's current ratio for the quarter that ended in Mar. 2026 was 2.79.

ASI Industries has a current ratio of 2.79. It generally indicates good short-term financial strength.

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

BOM:502015' s Current Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.03   Max: 3.73
Current: 2.79

During the past 13 years, ASI Industries's highest Current Ratio was 3.73. The lowest was 0.84. And the median was 2.03.

BOM:502015's Current Ratio is ranked better than
51.86% of 2632 companies
in the Metals & Mining industry
Industry Median: 2.625 vs BOM:502015: 2.79

ASI Industries  (BOM:502015) 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.


ASI Industries Current Ratio Related Terms


ASI Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for ASI 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.

ASI Industries Current Ratio Chart

ASI 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 3.26 2.93 3.73 2.56 2.79

ASI 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 2.56 0.00 3.04 0.00 2.79

ASI Industries Current Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, ASI 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.


ASI Industries Current Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ASI Industries's Current Ratio distribution charts can be found below:

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


BOM:502015
71GF Score
ASI Industries Ltd BOM:502015
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ASI 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.

ASI 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 )
=1452.093/520.68
=2.79

ASI 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 )
=1452.093/520.68
=2.79

* 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 2.79 mean?
ASI Industries (BOM:502015) has a Current Ratio of 2.79 as of Mar. 2026. This is 37% above median its historical median of 2.03. Over the past decade, ASI Industries' Current Ratio has ranged from 0.84 to 3.73. According to the industry distribution chart, ASI Industries ranks #1267 out of 2632 companies in the Metals & Mining industry, placing it in the top 48.1%.
Is ASI Industries' Current Ratio too high?
ASI Industries' current Current Ratio of 2.79 is 37% above median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 3.73. The Metals & Mining industry median Current Ratio is 2.63. ASI Industries' value of 2.79 is 6.3% above this industry median. Based on the distribution chart, ASI Industries ranks #1267 out of 2632 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, ASI Industries has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASI Industries' Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, ASI Industries ranks #1267 out of 2632 companies for Current Ratio. This puts ASI Industries in the upper half of its industry. The industry median Current Ratio is 2.63. ASI Industries' value of 2.79 is 6.3% above this benchmark. Historically, ASI Industries' own Current Ratio has ranged from 0.84 to 3.73 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 2.63, ASI Industries 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 Current Ratio for a Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.63, based on 2,632 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. ASI Industries's current Current Ratio of 2.79 is 6.3% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median Current Ratio is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASI Industries's current Current Ratio is 2.79, which is 37% above median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASI Industries stock overvalued right now?
Based on GuruFocus' analysis, ASI Industries (BOM:502015) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹30.27, compared to a current price of ₹24.52 — trading 19% below its estimated fair value. The current Current Ratio is 2.79, which is 37% above median its 10-year median of 2.03 and 6.3% above the Metals & Mining industry median of 2.63. ASI Industries' overall GF Score™ is 71/100 with 3 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 ASI Industries (BOM:502015), the current Current Ratio is 2.79 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 ASI Industries (BOM:502015) Overvalued in 2026?

Based on GuruFocus' analysis, ASI Industries stock appears to be undervalued. The current stock price of ₹24.52 is trading 19% below its estimated GF Value™ of ₹30.27. GuruFocus considers ASI Industries to be Modestly Undervalued.

Key valuation signals for BOM:502015:

  • Current Ratio: 2.79 (37% above median its 10-year median of 2.03)
  • GF Value™: ₹30.27 vs. price of ₹24.52 (19% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 6.3% above the Metals & Mining median (#1267 of 2632)

No single metric tells the full story. See the BOM:502015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASI Industries Business Description

Address Off Ganpatrao Kadam Marg, Marathon Innova, A Wing, 7th floor, Lower Parel, Mumbai, MH, IND, 400 013
ASI Industries Ltd is an industrial metal and mining company. The Company is engaged in the mining and processing of natural stones. The company's product offerings are Kota Stone, Sandstone, and others. It generates a majority of revenue from the Stone segment. Geographically, it derives maximum revenue from India.
71GF Score

Get the complete analysis for BOM:502015

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

₹24.52
Price
₹30.27
GF Value