Visagar Polytex (BOM:506146) Current Ratio: 31.92 (As of Mar. 2026) — 684% Above Median

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BOM:506146 Visagar Polytex Ltd BOM:506146
16 GF Score
Price ₹0.51
GF Value ₹0.12
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Visagar Polytex Current Ratio?

Visagar Polytex BOM:506146 +2.00% 16 Current Ratio is 31.92 as of Mar. 2026, which is 684% above its 10-year median of 4.07. GuruFocus rates BOM:506146 with a GF Score™ of 16/100 and a GF Value™ of ₹0.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Visagar Polytex ranks better than 98.31% 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. Visagar Polytex's current ratio for the quarter that ended in Mar. 2026 was 31.92.

Visagar Polytex has a current ratio of 31.92. 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 Visagar Polytex's Current Ratio or its related term are showing as below:

BOM:506146' s Current Ratio Range Over the Past 10 Years
Min: 1.69   Med: 4.07   Max: 84.32
Current: 31.92

During the past 13 years, Visagar Polytex's highest Current Ratio was 84.32. The lowest was 1.69. And the median was 4.07.

BOM:506146's Current Ratio is ranked better than
98.31% of 1066 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.805 vs BOM:506146: 31.92

Visagar Polytex  (BOM:506146) 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.


Visagar Polytex Current Ratio Related Terms


Visagar Polytex Current Ratio Historical Data

* Premium members only.

The historical data trend for Visagar Polytex'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.

Visagar Polytex Current Ratio Chart

Visagar Polytex 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 21.04 35.65 84.32 0.00 31.92

Visagar Polytex 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 0.00 0.00 0.00 0.00 31.92

Visagar Polytex Current Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Visagar Polytex'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.


Visagar Polytex Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Visagar Polytex's Current Ratio distribution charts can be found below:

* The bar in red indicates where Visagar Polytex's Current Ratio falls into.


BOM:506146
16GF Score
Visagar Polytex Ltd BOM:506146
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Visagar Polytex 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.

Visagar Polytex'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 )
=39.17/1.227
=31.92

Visagar Polytex'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 )
=39.17/1.227
=31.92

* 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 31.92 mean?
Visagar Polytex (BOM:506146) has a Current Ratio of 31.92 as of Mar. 2026. This is 684% above median its historical median of 4.07. Over the past decade, Visagar Polytex's Current Ratio has ranged from 1.69 to 84.32. According to the industry distribution chart, Visagar Polytex ranks #18 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.7%.
Is Visagar Polytex's Current Ratio too high?
Visagar Polytex's current Current Ratio of 31.92 is 684% above median its 10-year median of 4.07. Over the past 10 years, this metric has ranged from a low of 1.69 to a high of 84.32. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. Visagar Polytex's value of 31.92 is 1668.4% above this industry median. Based on the distribution chart, Visagar Polytex ranks #18 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Visagar Polytex has a GF Score™ of 16/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Visagar Polytex's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Visagar Polytex ranks #18 out of 1066 companies for Current Ratio. This places Visagar Polytex in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.81. Visagar Polytex's value of 31.92 is 1668.4% above this benchmark. Historically, Visagar Polytex's own Current Ratio has ranged from 1.69 to 84.32 over the past decade. While the company's 10-year median is 4.07 vs. the industry median of 1.81, Visagar Polytex 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.81, based on 1,066 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. Visagar Polytex's current Current Ratio of 31.92 is 1668.4% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visagar Polytex's current Current Ratio is 31.92, which is 684% above median its own 10-year median of 4.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visagar Polytex stock overvalued right now?
Based on GuruFocus' analysis, Visagar Polytex (BOM:506146) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.12, compared to a current price of ₹0.51 — trading 325% above its estimated fair value. The current Current Ratio is 31.92, which is 684% above median its 10-year median of 4.07 and 1668.4% above the Manufacturing - Apparel & Accessories industry median of 1.81. Visagar Polytex's overall GF Score™ is 16/100 with 4 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 Visagar Polytex (BOM:506146), the current Current Ratio is 31.92 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 Visagar Polytex (BOM:506146) Overvalued in 2026?

Based on GuruFocus' analysis, Visagar Polytex stock appears to be overvalued. The current stock price of ₹0.51 is trading 325% above its estimated GF Value™ of ₹0.12. GuruFocus considers Visagar Polytex to be Significantly Overvalued.

Key valuation signals for BOM:506146:

  • Current Ratio: 31.92 (684% above median its 10-year median of 4.07)
  • GF Value™: ₹0.12 vs. price of ₹0.51 (325% above fair value)
  • GF Score™: 16/100 with 4 warning signs
  • Industry Position: 1668.4% above the Manufacturing - Apparel & Accessories median (#18 of 1066)

No single metric tells the full story. See the BOM:506146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Visagar Polytex Business Description

Other Exchanges VIVIDHA:India
Address S.V. Road, 907-908, Dev Plaza, Opposite Andheri Fire Station, Andheri (West), Mumbai, MH, IND, 400058
Visagar Polytex Ltd operates in the textile industry, focusing on the manufacturing, wholesale, retail, and trading of ethnic wear and textile-related goods. The company's key products include sarees, lehengas, suits, interlining goods, and various fabrics, marketed prominently under its Vividha brand. It has a retail presence across India, supported by a manufacturing unit at Surat. The Company has only one reportable business segment and has only one reportable geographic segment in India. The income source is through the interest income earned on the fixed deposits.
16GF Score

Get the complete analysis for BOM:506146

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

₹0.51
Price
₹0.12
GF Value