The First Custodian Fund (India) (BOM:511122) Current Ratio: 193.06 (As of Mar. 2026) — 928% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:511122 The First Custodian Fund (India) Ltd BOM:511122
49 GF Score
Price ₹69.72
GF Value ₹1.79
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is The First Custodian Fund (India) Current Ratio?

The First Custodian Fund (India) BOM:511122 +1.81% 49 Current Ratio is 193.06 as of Mar. 2026, which is 928% above its 10-year median of 18.78. GuruFocus rates BOM:511122 with a GF Score™ of 49/100 and a GF Value™ of ₹1.79 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 690 Capital Markets companies, The First Custodian Fund (India) ranks better than 95.07% 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. The First Custodian Fund (India)'s current ratio for the quarter that ended in Mar. 2026 was 193.06.

The First Custodian Fund (India) has a current ratio of 193.06. 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 The First Custodian Fund (India)'s Current Ratio or its related term are showing as below:

BOM:511122' s Current Ratio Range Over the Past 10 Years
Min: 3.24   Med: 18.78   Max: 193.06
Current: 193.06

During the past 13 years, The First Custodian Fund (India)'s highest Current Ratio was 193.06. The lowest was 3.24. And the median was 18.78.

BOM:511122's Current Ratio is ranked better than
95.07% of 690 companies
in the Capital Markets industry
Industry Median: 2.27 vs BOM:511122: 193.06

The First Custodian Fund (India)  (BOM:511122) 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.


The First Custodian Fund (India) Current Ratio Related Terms


The First Custodian Fund (India) Current Ratio Historical Data

* Premium members only.

The historical data trend for The First Custodian Fund (India)'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.

The First Custodian Fund (India) Current Ratio Chart

The First Custodian Fund (India) 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 5.31 9.98 142.72 54.18 193.06

The First Custodian Fund (India) 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 54.18 0.00 17.25 0.00 193.06

BOM:511122 vs MS, GS, SCHW: Current Ratio Comparison

For the Capital Markets subindustry, The First Custodian Fund (India)'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.


The First Custodian Fund (India) Current Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The First Custodian Fund (India)'s Current Ratio distribution charts can be found below:

* The bar in red indicates where The First Custodian Fund (India)'s Current Ratio falls into.


BOM:511122
49GF Score
The First Custodian Fund (India) Ltd BOM:511122
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The First Custodian Fund (India) 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.

The First Custodian Fund (India)'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 )
=148.658/0.77
=193.06

The First Custodian Fund (India)'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 )
=148.658/0.77
=193.06

* 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 193.06 mean?
The First Custodian Fund (India) (BOM:511122) has a Current Ratio of 193.06 as of Mar. 2026. This is 928% above median its historical median of 18.78. Over the past decade, The First Custodian Fund (India)'s Current Ratio has ranged from 3.24 to 193.06. According to the industry distribution chart, The First Custodian Fund (India) ranks #34 out of 690 companies in the Capital Markets industry, placing it in the top 4.9%.
Is The First Custodian Fund (India)'s Current Ratio too high?
The First Custodian Fund (India)'s current Current Ratio of 193.06 is 928% above median its 10-year median of 18.78. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 193.06. The Capital Markets industry median Current Ratio is 2.27. The First Custodian Fund (India)'s value of 193.06 is 8404.8% above this industry median. Based on the distribution chart, The First Custodian Fund (India) ranks #34 out of 690 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, The First Custodian Fund (India) has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The First Custodian Fund (India)'s Current Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, The First Custodian Fund (India) ranks #34 out of 690 companies for Current Ratio. This places The First Custodian Fund (India) in the top 5% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.27. The First Custodian Fund (India)'s value of 193.06 is 8404.8% above this benchmark. Historically, The First Custodian Fund (India)'s own Current Ratio has ranged from 3.24 to 193.06 over the past decade. While the company's 10-year median is 18.78 vs. the industry median of 2.27, The First Custodian Fund (India) 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 Capital Markets company?
The median Current Ratio among Capital Markets companies is 2.27, based on 690 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. The First Custodian Fund (India)'s current Current Ratio of 193.06 is 8404.8% 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 Capital Markets industry, the median Current Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The First Custodian Fund (India)'s current Current Ratio is 193.06, which is 928% above median its own 10-year median of 18.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The First Custodian Fund (India) stock overvalued right now?
Based on GuruFocus' analysis, The First Custodian Fund (India) (BOM:511122) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.79, compared to a current price of ₹69.72 — trading 3795% above its estimated fair value. The current Current Ratio is 193.06, which is 928% above median its 10-year median of 18.78 and 8404.8% above the Capital Markets industry median of 2.27. The First Custodian Fund (India)'s overall GF Score™ is 49/100 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 The First Custodian Fund (India) (BOM:511122), the current Current Ratio is 193.06 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 The First Custodian Fund (India) (BOM:511122) Overvalued in 2026?

Based on GuruFocus' analysis, The First Custodian Fund (India) stock appears to be overvalued. The current stock price of ₹69.72 is trading 3795% above its estimated GF Value™ of ₹1.79. GuruFocus considers The First Custodian Fund (India) to be Significantly Overvalued.

Key valuation signals for BOM:511122:

  • Current Ratio: 193.06 (928% above median its 10-year median of 18.78)
  • GF Value™: ₹1.79 vs. price of ₹69.72 (3795% above fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 8404.8% above the Capital Markets median (#34 of 690)

No single metric tells the full story. See the BOM:511122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The First Custodian Fund (India) Business Description

Address Nagindas Master Road, 3, Surya Mahal, 3rd Floor, Fort, Mumbai, MH, IND, 400023
The First Custodian Fund (India) Ltd is a finance company focused on lease and hire purchase activities. It also operates in the capital markets by engaging in stockbroking, corporate advisory, and generating income from securities trading in the secondary market. The company generates revenue through interest income from lease and hire purchase financing, brokerage fees, and gains from securities transactions. Its operations emphasize financial services directed at leasing and investment activities within India.
49GF Score

Get the complete analysis for BOM:511122

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

₹69.72
Price
₹1.79
GF Value