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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. Indian Toners & Developers's current ratio for the quarter that ended in Mar. 2026 was 10.35.
Indian Toners & Developers has a current ratio of 10.35. 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 Indian Toners & Developers's Current Ratio or its related term are showing as below:
BOM:523586'
s Current Ratio Range Over the Past 10 Years
Min: 2.49 Med: 4.97 Max: 11.47
Current: 10.35
During the past 13 years, Indian Toners & Developers's highest Current Ratio was 11.47. The lowest was 2.49. And the median was 4.97.
BOM:523586's Current Ratio is ranked better than 96.2% of 1605
companies
in the Chemicals industry
Industry Median: 1.89
vs BOM:523586: 10.35
Indian Toners & Developers (BOM:523586) 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.
Indian Toners & Developers Current Ratio Related Terms
Indian Toners & Developers 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:523586 vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Indian Toners & Developers'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.
Indian Toners & Developers Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indian Toners & Developers's Current Ratio distribution charts can be found below:
* The bar in red indicates where Indian Toners & Developers'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.
Indian Toners & Developers (BOM:523586) has a Current Ratio of 10.35 as of Mar. 2026. This is 108% above median its historical median of 4.97. Over the past decade, Indian Toners & Developers' Current Ratio has ranged from 2.49 to 11.47. According to the industry distribution chart, Indian Toners & Developers ranks #61 out of 1605 companies in the Chemicals industry, placing it in the top 3.8%.
Is Indian Toners & Developers' Current Ratio too high?
Indian Toners & Developers' current Current Ratio of 10.35 is 108% above median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 11.47. The Chemicals industry median Current Ratio is 1.89. Indian Toners & Developers' value of 10.35 is 447.6% above this industry median. Based on the distribution chart, Indian Toners & Developers ranks #61 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Toners & Developers has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Toners & Developers' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Indian Toners & Developers ranks #61 out of 1605 companies for Current Ratio. This places Indian Toners & Developers in the top 4% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Indian Toners & Developers' value of 10.35 is 447.6% above this benchmark. Historically, Indian Toners & Developers' own Current Ratio has ranged from 2.49 to 11.47 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 1.89, Indian Toners & Developers 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,605 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. Indian Toners & Developers's current Current Ratio of 10.35 is 447.6% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Toners & Developers's current Current Ratio is 10.35, which is 108% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Toners & Developers stock overvalued right now?
Based on GuruFocus' analysis, Indian Toners & Developers (BOM:523586) is currently considered Fairly Valued. The stock's GF Value™ is ₹301.50, compared to a current price of ₹292.25 — trading 3.1% below its estimated fair value. The current Current Ratio is 10.35, which is 108% above median its 10-year median of 4.97 and 447.6% above the Chemicals industry median of 1.89. Indian Toners & Developers' overall GF Score™ is 80/100. 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 Indian Toners & Developers (BOM:523586), the current Current Ratio is 10.35 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 Indian Toners & Developers (BOM:523586) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Toners & Developers stock appears to be undervalued.
The current stock price of ₹292.25 is trading 3.1% below its estimated GF Value™ of ₹301.50.
GuruFocus considers Indian Toners & Developers to be Fairly Valued.
Key valuation signals for BOM:523586:
Current Ratio: 10.35 (108% above median its 10-year median of 4.97)
GF Value™: ₹301.50 vs. price of ₹292.25 (3.1% below fair value)
Industry Position: 447.6% above the Chemicals median (#61 of 1605)
No single metric tells the full story. See the BOM:523586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Toners & Developers Ltd is a manufacturer of toners and developers. The company is engaged in the business of producing and exporting compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide-format printers and copiers. The only reporting segment of the company is a manufacturer of compatible toner. Its geographical segment includes Domestic sales and Export sales. The company's product consists of chemical color toner, laser toner, copier or digital toner, wide format copiers and printer toner and packaging.
80GF Score
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