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Mini Diamonds (India)BOM:523373 -0.96%60 Current Ratio is 1.27 as of Mar. 2026, which is 19% above its 10-year median of 1.07. GuruFocus rates BOM:523373 with a GF Score™ of 60/100 and a GF Value™ of ₹4.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Mini Diamonds (India) ranks worse than 63.59% 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. Mini Diamonds (India)'s current ratio for the quarter that ended in Mar. 2026 was 1.27.
Mini Diamonds (India) has a current ratio of 1.27. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mini Diamonds (India)'s Current Ratio or its related term are showing as below:
BOM:523373'
s Current Ratio Range Over the Past 10 Years
Min: 1.03 Med: 1.07 Max: 1.41
Current: 1.27
During the past 13 years, Mini Diamonds (India)'s highest Current Ratio was 1.41. The lowest was 1.03. And the median was 1.07.
BOM:523373's Current Ratio is ranked worse than 63.59% of 1137
companies
in the Retail - Cyclical industry
Industry Median: 1.56
vs BOM:523373: 1.27
Mini Diamonds (India) (BOM:523373) 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.
Mini Diamonds (India) Current Ratio Related Terms
Mini Diamonds (India) Current Ratio Historical Data
* Premium members only.
The historical data trend for Mini Diamonds (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.
For the Luxury Goods subindustry, Mini Diamonds (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.
Mini Diamonds (India) Current Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mini Diamonds (India)'s Current Ratio distribution charts can be found below:
* The bar in red indicates where Mini Diamonds (India)'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.
Mini Diamonds (India) (BOM:523373) has a Current Ratio of 1.27 as of Mar. 2026. This is 19% above median its historical median of 1.07. Over the past decade, Mini Diamonds (India)'s Current Ratio has ranged from 1.03 to 1.41. According to the industry distribution chart, Mini Diamonds (India) ranks #723 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 63.6%.
Is Mini Diamonds (India)'s Current Ratio too high?
Mini Diamonds (India)'s current Current Ratio of 1.27 is 19% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 1.41. The Retail - Cyclical industry median Current Ratio is 1.56. Mini Diamonds (India)'s value of 1.27 is 18.6% below this industry median. Based on the distribution chart, Mini Diamonds (India) ranks #723 out of 1137 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Mini Diamonds (India) has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mini Diamonds (India)'s Current Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Mini Diamonds (India) ranks #723 out of 1137 companies for Current Ratio. This places Mini Diamonds (India) in the lower half of its industry. The industry median Current Ratio is 1.56. Mini Diamonds (India)'s value of 1.27 is 18.6% below this benchmark. Historically, Mini Diamonds (India)'s own Current Ratio has ranged from 1.03 to 1.41 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.56, Mini Diamonds (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 a Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.56, based on 1,137 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. Mini Diamonds (India)'s current Current Ratio of 1.27 is 18.6% 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 Retail - Cyclical industry, the median Current Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mini Diamonds (India)'s current Current Ratio is 1.27, which is 19% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mini Diamonds (India) stock overvalued right now?
Based on GuruFocus' analysis, Mini Diamonds (India) (BOM:523373) is currently considered Fairly Valued. The stock's GF Value™ is ₹4.75, compared to a current price of ₹5.18 — trading 9.1% above its estimated fair value. The current Current Ratio is 1.27, which is 19% above median its 10-year median of 1.07 and 18.6% below the Retail - Cyclical industry median of 1.56. Mini Diamonds (India)'s overall GF Score™ is 60/100 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 Mini Diamonds (India) (BOM:523373), the current Current Ratio is 1.27 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 Mini Diamonds (India) (BOM:523373) Overvalued in 2026?
Based on GuruFocus' analysis, Mini Diamonds (India) stock appears to be overvalued.
The current stock price of ₹5.18 is trading 9.1% above its estimated GF Value™ of ₹4.75.
GuruFocus considers Mini Diamonds (India) to be Fairly Valued.
Key valuation signals for BOM:523373:
Current Ratio: 1.27 (19% above median its 10-year median of 1.07)
GF Value™: ₹4.75 vs. price of ₹5.18 (9.1% above fair value)
Industry Position: 18.6% below the Retail - Cyclical median (#723 of 1137)
No single metric tells the full story. See the BOM:523373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mini Diamonds (India) Ltd is engaged in cutting and polishing of diamonds and trading. The diamonds provided by the company include cut and polished diamonds with all modern machinery like Sarin Technology, Auto Bruting Machines, Semi Automatic Polishing Mills, Sawing Machines, etc. It operates in one segment, which is Jewellery manufacturing. Geographically, the company generates revenue from Belgium, UAE, Canada, Hong Kong, and India, with the majority of revenue generated from India.
60GF Score
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