Bajaj Steel IndustriesBOM:507944 +0.93%72 Current Ratio is 1.69 as of Mar. 2026, which is 2% below its 10-year median of 1.73. GuruFocus rates BOM:507944 with a GF Score™ of 72/100 and a GF Value™ of ₹439.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,074 Industrial Products companies, Bajaj Steel Industries ranks worse than 60.77% 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. Bajaj Steel Industries's current ratio for the quarter that ended in Mar. 2026 was 1.69.
Bajaj Steel Industries has a current ratio of 1.69. It generally indicates good short-term financial strength.
The historical rank and industry rank for Bajaj Steel Industries's Current Ratio or its related term are showing as below:
BOM:507944'
s Current Ratio Range Over the Past 10 Years
Min: 1.27 Med: 1.73 Max: 1.99
Current: 1.69
During the past 13 years, Bajaj Steel Industries's highest Current Ratio was 1.99. The lowest was 1.27. And the median was 1.73.
BOM:507944's Current Ratio is ranked worse than 60.77% of 3074
companies
in the Industrial Products industry
Industry Median: 1.96
vs BOM:507944: 1.69
Bajaj Steel Industries (BOM:507944) 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.
Bajaj Steel Industries Current Ratio Related Terms
Bajaj Steel Industries Current Ratio Historical Data
* 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.
BOM:507944 vs GEV, ETN, PH: Current Ratio Comparison
For the Specialty Industrial Machinery subindustry, Bajaj Steel 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.
Bajaj Steel Industries Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Bajaj Steel Industries's Current Ratio falls into.
* 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.
Bajaj Steel Industries (BOM:507944) has a Current Ratio of 1.69 as of Mar. 2026. This is near median its historical median of 1.73. Over the past decade, Bajaj Steel Industries' Current Ratio has ranged from 1.27 to 1.99. According to the industry distribution chart, Bajaj Steel Industries ranks #1868 out of 3074 companies in the Industrial Products industry, placing it in the top 60.8%.
Is Bajaj Steel Industries' Current Ratio too high?
Bajaj Steel Industries' current Current Ratio of 1.69 is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 1.99. The Industrial Products industry median Current Ratio is 1.96. Bajaj Steel Industries' value of 1.69 is 13.8% below this industry median. Based on the distribution chart, Bajaj Steel Industries ranks #1868 out of 3074 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bajaj Steel Industries has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Steel Industries' Current Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bajaj Steel Industries ranks #1868 out of 3074 companies for Current Ratio. This places Bajaj Steel Industries in the lower half of its industry. The industry median Current Ratio is 1.96. Bajaj Steel Industries' value of 1.69 is 13.8% below this benchmark. Historically, Bajaj Steel Industries' own Current Ratio has ranged from 1.27 to 1.99 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.96, Bajaj Steel 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,074 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. Bajaj Steel Industries's current Current Ratio of 1.69 is 13.8% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Steel Industries's current Current Ratio is 1.69, which is near median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Steel Industries (BOM:507944) is currently considered Fairly Valued. The stock's GF Value™ is ₹439.61, compared to a current price of ₹405.15 — trading 7.8% below its estimated fair value. The current Current Ratio is 1.69, which is near median its 10-year median of 1.73 and 13.8% below the Industrial Products industry median of 1.96. Bajaj Steel Industries' overall GF Score™ is 72/100 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 Bajaj Steel Industries (BOM:507944), the current Current Ratio is 1.69 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 Bajaj Steel Industries (BOM:507944) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Steel Industries stock appears to be undervalued.
The current stock price of ₹405.15 is trading 7.8% below its estimated GF Value™ of ₹439.61.
GuruFocus considers Bajaj Steel Industries to be Fairly Valued.
Key valuation signals for BOM:507944:
Current Ratio: 1.69 (near median its 10-year median of 1.73)
GF Value™: ₹439.61 vs. price of ₹405.15 (7.8% below fair value)
Industry Position: 13.8% below the Industrial Products median (#1868 of 3074)
No single metric tells the full story. See the BOM:507944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Steel Industries Ltd is engaged in various segments such as Cotton Processing Machinery Division, Infrastructure Division, Heavy Engineering Division, Electrical Panel Division, Heavy Engineering Division ,Other Products. The company generates maximum revenue from the Cotton Processing Machinery segment. It manufactures products such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
72GF Score
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