D & H India (BOM:517514) Current Ratio: 1.95 (As of Mar. 2026) — 19% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:517514 D & H India Ltd BOM:517514
73 GF Score
Price ₹251.45
GF Value ₹190.49
Valuation Significantly Overvalued
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What is D & H India Current Ratio?

D & H India BOM:517514 +0.98% 73 Current Ratio is 1.95 as of Mar. 2026, which is 19% above its 10-year median of 1.64. GuruFocus rates BOM:517514 with a GF Score™ of 73/100 and a GF Value™ of ₹190.49 (Significantly Overvalued). Among 3,072 Industrial Products companies, D & H India ranks worse than 50.49% 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. D & H India's current ratio for the quarter that ended in Mar. 2026 was 1.95.

D & H India has a current ratio of 1.95. It generally indicates good short-term financial strength.

The historical rank and industry rank for D & H India's Current Ratio or its related term are showing as below:

BOM:517514' s Current Ratio Range Over the Past 10 Years
Min: 1.49   Med: 1.64   Max: 1.98
Current: 1.95

During the past 13 years, D & H India's highest Current Ratio was 1.98. The lowest was 1.49. And the median was 1.64.

BOM:517514's Current Ratio is ranked worse than
50.49% of 3072 companies
in the Industrial Products industry
Industry Median: 1.96 vs BOM:517514: 1.95

D & H India  (BOM:517514) 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.


D & H India Current Ratio Related Terms


D & H India Current Ratio Historical Data

* Premium members only.

The historical data trend for D & H 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.

D & H India Current Ratio Chart

D & H 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 1.73 1.70 1.54 1.57 1.95

D & H 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 1.57 0.00 1.41 0.00 1.95

BOM:517514 vs SNA, RBC, LECO: Current Ratio Comparison

For the Tools & Accessories subindustry, D & H 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.


D & H India Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, D & H India's Current Ratio distribution charts can be found below:

* The bar in red indicates where D & H India's Current Ratio falls into.


BOM:517514
73GF Score
D & H India Ltd BOM:517514
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D & H 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.

D & H 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 )
=1026.22/526.897
=1.95

D & H 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 )
=1026.22/526.897
=1.95

* 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 1.95 mean?
D & H India (BOM:517514) has a Current Ratio of 1.95 as of Mar. 2026. This is 19% above median its historical median of 1.64. Over the past decade, D & H India's Current Ratio has ranged from 1.49 to 1.98. According to the industry distribution chart, D & H India ranks #1551 out of 3072 companies in the Industrial Products industry, placing it in the top 50.5%.
Is D & H India's Current Ratio too high?
D & H India's current Current Ratio of 1.95 is 19% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 1.98. The Industrial Products industry median Current Ratio is 1.96. D & H India's value of 1.95 is 0.5% below this industry median. Based on the distribution chart, D & H India ranks #1551 out of 3072 companies in the Industrial Products industry, which is below the industry midpoint. Overall, D & H India has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D & H India's Current Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, D & H India ranks #1551 out of 3072 companies for Current Ratio. This places D & H India in the lower half of its industry. The industry median Current Ratio is 1.96. D & H India's value of 1.95 is 0.5% below this benchmark. Historically, D & H India's own Current Ratio has ranged from 1.49 to 1.98 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.96, D & H India 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 3,072 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. D & H India's current Current Ratio of 1.95 is 0.5% 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. D & H India's current Current Ratio is 1.95, which is 19% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D & H India stock overvalued right now?
Based on GuruFocus' analysis, D & H India (BOM:517514) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹190.49, compared to a current price of ₹251.45 — trading 32% above its estimated fair value. The current Current Ratio is 1.95, which is 19% above median its 10-year median of 1.64 and 0.5% below the Industrial Products industry median of 1.96. D & H India's overall GF Score™ is 73/100. 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 D & H India (BOM:517514), the current Current Ratio is 1.95 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 D & H India (BOM:517514) Overvalued in 2026?

Based on GuruFocus' analysis, D & H India stock appears to be overvalued. The current stock price of ₹251.45 is trading 32% above its estimated GF Value™ of ₹190.49. GuruFocus considers D & H India to be Significantly Overvalued.

Key valuation signals for BOM:517514:

  • Current Ratio: 1.95 (19% above median its 10-year median of 1.64)
  • GF Value™: ₹190.49 vs. price of ₹251.45 (32% above fair value)
  • GF Score™: 73/100
  • Industry Position: 0.5% below the Industrial Products median (#1551 of 3072)

No single metric tells the full story. See the BOM:517514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D & H India Business Description

Address Sanwer Road, Plot A, Sector A, Industrial Area, Indore, MP, IND, 452 015
D & H India Ltd is engaged in the manufacturing and dealing of welding electrodes. The company is engaged in dealing in Welding Electrodes & Consumables, CO2 Wire, SAW Wire, M Core Wire, Flux Powder, Flux Cored Wire, Stainless Steel Wire & other similar activities. The company has manufacturing plants in India and sales in India. The segment of the company consists of manufacturing and sale of the Welding Consumable and Metallurgical Cored Wire, which is mainly used in infrastructure projects, thermal power plants, steel, metal, cement, and others. It generates the majority of its revenue from the Welding Consumables segment.
73GF Score

Get the complete analysis for BOM:517514

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

₹251.45
Price
₹190.49
GF Value