Magna Electro CastingsBOM:517449 +1.14%79 Current Ratio is 2.52 as of Mar. 2026, which is 16% below its 10-year median of 2.99. GuruFocus rates BOM:517449 with a GF Score™ of 79/100 and a GF Value™ of ₹961.92 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 3,074 Industrial Products companies, Magna Electro Castings ranks better than 66.17% 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. Magna Electro Castings's current ratio for the quarter that ended in Mar. 2026 was 2.52.
Magna Electro Castings has a current ratio of 2.52. It generally indicates good short-term financial strength.
The historical rank and industry rank for Magna Electro Castings's Current Ratio or its related term are showing as below:
BOM:517449'
s Current Ratio Range Over the Past 10 Years
Min: 2.13 Med: 2.99 Max: 4.41
Current: 2.52
During the past 13 years, Magna Electro Castings's highest Current Ratio was 4.41. The lowest was 2.13. And the median was 2.99.
BOM:517449's Current Ratio is ranked better than 66.17% of 3074
companies
in the Industrial Products industry
Industry Median: 1.96
vs BOM:517449: 2.52
Magna Electro Castings (BOM:517449) 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.
Magna Electro Castings Current Ratio Related Terms
Magna Electro Castings 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:517449 vs CRS, ATI, MLI: Current Ratio Comparison
For the Metal Fabrication subindustry, Magna Electro Castings'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.
Magna Electro Castings Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Magna Electro Castings's Current Ratio distribution charts can be found below:
* The bar in red indicates where Magna Electro Castings'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.
Magna Electro Castings (BOM:517449) has a Current Ratio of 2.52 as of Mar. 2026. This is 16% below median its historical median of 2.99. Over the past decade, Magna Electro Castings' Current Ratio has ranged from 2.13 to 4.41. According to the industry distribution chart, Magna Electro Castings ranks #1040 out of 3074 companies in the Industrial Products industry, placing it in the top 33.8%.
Is Magna Electro Castings' Current Ratio too high?
Magna Electro Castings' current Current Ratio of 2.52 is 16% below median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 4.41. The Industrial Products industry median Current Ratio is 1.96. Magna Electro Castings' value of 2.52 is 28.6% above this industry median. Based on the distribution chart, Magna Electro Castings ranks #1040 out of 3074 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Magna Electro Castings has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Magna Electro Castings ranks #1040 out of 3074 companies for Current Ratio. This puts Magna Electro Castings in the upper half of its industry. The industry median Current Ratio is 1.96. Magna Electro Castings' value of 2.52 is 28.6% above this benchmark. Historically, Magna Electro Castings' own Current Ratio has ranged from 2.13 to 4.41 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 1.96, Magna Electro Castings 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 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. Magna Electro Castings's current Current Ratio of 2.52 is 28.6% 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 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. Magna Electro Castings's current Current Ratio is 2.52, which is 16% below median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹961.92, compared to a current price of ₹1,231.85 — trading 28.1% above its estimated fair value. The current Current Ratio is 2.52, which is 16% below median its 10-year median of 2.99 and 28.6% above the Industrial Products industry median of 1.96. Magna Electro Castings' overall GF Score™ is 79/100 with 5 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 Magna Electro Castings (BOM:517449), the current Current Ratio is 2.52 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?
Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued.
The current stock price of ₹1,231.85 is trading 28.1% above its estimated GF Value™ of ₹961.92.
GuruFocus considers Magna Electro Castings to be Modestly Overvalued.
Key valuation signals for BOM:517449:
Current Ratio: 2.52 (16% below median its 10-year median of 2.99)
GF Value™: ₹961.92 vs. price of ₹1,231.85 (28.1% above fair value)
Industry Position: 28.6% above the Industrial Products median (#1040 of 3074)
No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
79GF Score
Get the complete analysis for BOM:517449
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:517449 has been successfully added to your 
