Skyline Millars (BOM:505650) Current Ratio: 21.67 (As of Mar. 2026) — 17% Below Median

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BOM:505650 Skyline Millars Ltd BOM:505650
24 GF Score
Price ₹15.39
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What is Skyline Millars Current Ratio?

Skyline Millars BOM:505650 +2.06% 24 Current Ratio is 21.67 as of Mar. 2026, which is 17% below its 10-year median of 25.97. GuruFocus rates BOM:505650 with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 1,793 Real Estate companies, Skyline Millars ranks better than 96.93% 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. Skyline Millars's current ratio for the quarter that ended in Mar. 2026 was 21.67.

Skyline Millars has a current ratio of 21.67. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

BOM:505650' s Current Ratio Range Over the Past 10 Years
Min: 5.91   Med: 25.97   Max: 190.75
Current: 21.67

During the past 13 years, Skyline Millars's highest Current Ratio was 190.75. The lowest was 5.91. And the median was 25.97.

BOM:505650's Current Ratio is ranked better than
96.93% of 1793 companies
in the Real Estate industry
Industry Median: 1.69 vs BOM:505650: 21.67

Skyline Millars  (BOM:505650) 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.


Skyline Millars Current Ratio Related Terms


Skyline Millars Current Ratio Historical Data

* Premium members only.

The historical data trend for Skyline Millars'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.

Skyline Millars Current Ratio Chart

Skyline Millars 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 98.06 76.55 16.44 43.25 21.67

Skyline Millars 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 43.25 0.00 61.22 0.00 21.67

Skyline Millars Current Ratio Competitor Comparison

For the Real Estate - Development subindustry, Skyline Millars'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.


Skyline Millars Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Skyline Millars's Current Ratio distribution charts can be found below:

* The bar in red indicates where Skyline Millars's Current Ratio falls into.


BOM:505650
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Skyline Millars Ltd BOM:505650
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Skyline Millars 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.

Skyline Millars'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 )
=221.949/10.242
=21.67

Skyline Millars'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 )
=221.949/10.242
=21.67

* 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 21.67 mean?
Skyline Millars (BOM:505650) has a Current Ratio of 21.67 as of Mar. 2026. This is 17% below median its historical median of 25.97. Over the past decade, Skyline Millars' Current Ratio has ranged from 5.91 to 190.75. According to the industry distribution chart, Skyline Millars ranks #55 out of 1793 companies in the Real Estate industry, placing it in the top 3.1%.
Is Skyline Millars' Current Ratio too high?
Skyline Millars' current Current Ratio of 21.67 is 17% below median its 10-year median of 25.97. Over the past 10 years, this metric has ranged from a low of 5.91 to a high of 190.75. The Real Estate industry median Current Ratio is 1.69. Skyline Millars' value of 21.67 is 1182.2% above this industry median. Based on the distribution chart, Skyline Millars ranks #55 out of 1793 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Skyline Millars has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Skyline Millars' Current Ratio compare to competitors?
According to the Real Estate industry distribution chart, Skyline Millars ranks #55 out of 1793 companies for Current Ratio. This places Skyline Millars in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.69. Skyline Millars' value of 21.67 is 1182.2% above this benchmark. Historically, Skyline Millars' own Current Ratio has ranged from 5.91 to 190.75 over the past decade. While the company's 10-year median is 25.97 vs. the industry median of 1.69, Skyline Millars 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 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. Skyline Millars's current Current Ratio of 21.67 is 1182.2% 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 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. Skyline Millars's current Current Ratio is 21.67, which is 17% below median its own 10-year median of 25.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skyline Millars stock overvalued right now?
Skyline Millars (BOM:505650) has a current Current Ratio of 21.67. The current Current Ratio is 21.67, which is 17% below median its 10-year median of 25.97 and 1182.2% above the Real Estate industry median of 1.69. Skyline Millars' overall GF Score™ is 24/100 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 Skyline Millars (BOM:505650), the current Current Ratio is 21.67 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.

Skyline Millars Business Description

Address 32-34, Veer Nariman Road, Churchgate House, 4th Floor, Fort, Mumbai, MH, IND, 400 001
Skyline Millars Ltd is an India-based company engaged in Construction Equipment and Real estate development activities. In the construction equipment division, the company manufactures construction equipment and EOT cranes. The company derives a majority of revenue from selling manufactured goods, traded goods, and related services. The Company is also engaged in real estate property development.
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