Thakkers Developers (BOM:526654) Current Ratio: 11.54 (As of Mar. 2026) — 121% Above Median


BOM:526654 Thakkers Developers Ltd BOM:526654
67 GF Score
Price ₹116.20
GF Value ₹168.15
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Thakkers Developers Current Ratio?

Thakkers Developers BOM:526654 67 Current Ratio is 11.54 as of Mar. 2026, which is 121% above its 10-year median of 5.22. GuruFocus rates BOM:526654 with a GF Score™ of 67/100 and a GF Value™ of ₹168.15 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,790 Real Estate companies, Thakkers Developers ranks better than 94.3% 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. Thakkers Developers's current ratio for the quarter that ended in Mar. 2026 was 11.54.

Thakkers Developers has a current ratio of 11.54. 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 Thakkers Developers's Current Ratio or its related term are showing as below:

BOM:526654' s Current Ratio Range Over the Past 10 Years
Min: 3.56   Med: 5.22   Max: 11.54
Current: 11.54

During the past 13 years, Thakkers Developers's highest Current Ratio was 11.54. The lowest was 3.56. And the median was 5.22.

BOM:526654's Current Ratio is ranked better than
94.3% of 1790 companies
in the Real Estate industry
Industry Median: 1.7 vs BOM:526654: 11.54

Thakkers Developers  (BOM:526654) 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.


Thakkers Developers Current Ratio Related Terms


Thakkers Developers Current Ratio Historical Data

* Premium members only.

The historical data trend for Thakkers Developers'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.

Thakkers Developers Current Ratio Chart

Thakkers Developers 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 6.19 6.46 5.22 5.97 11.54

Thakkers Developers 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 5.97 27.02 14.87 22.48 11.54

Thakkers Developers Current Ratio Competitor Comparison

For the Real Estate - Development subindustry, Thakkers 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.


Thakkers Developers Current Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thakkers Developers's Current Ratio distribution charts can be found below:

* The bar in red indicates where Thakkers Developers's Current Ratio falls into.


BOM:526654
67GF Score
Thakkers Developers Ltd BOM:526654
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thakkers Developers 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.

Thakkers Developers'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 )
=1406.786/121.948
=11.54

Thakkers Developers'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 )
=1406.786/121.948
=11.54

* 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 11.54 mean?
Thakkers Developers (BOM:526654) has a Current Ratio of 11.54 as of Mar. 2026. This is 121% above median its historical median of 5.22. Over the past decade, Thakkers Developers' Current Ratio has ranged from 3.56 to 11.54. According to the industry distribution chart, Thakkers Developers ranks #102 out of 1790 companies in the Real Estate industry, placing it in the top 5.7%.
Is Thakkers Developers' Current Ratio too high?
Thakkers Developers' current Current Ratio of 11.54 is 121% above median its 10-year median of 5.22. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 11.54. The Real Estate industry median Current Ratio is 1.70. Thakkers Developers' value of 11.54 is 578.8% above this industry median. Based on the distribution chart, Thakkers Developers ranks #102 out of 1790 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Thakkers Developers has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thakkers Developers' Current Ratio compare to competitors?
According to the Real Estate industry distribution chart, Thakkers Developers ranks #102 out of 1790 companies for Current Ratio. This places Thakkers Developers in the top 6% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.70. Thakkers Developers' value of 11.54 is 578.8% above this benchmark. Historically, Thakkers Developers' own Current Ratio has ranged from 3.56 to 11.54 over the past decade. While the company's 10-year median is 5.22 vs. the industry median of 1.70, Thakkers 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 Real Estate company?
The median Current Ratio among Real Estate companies is 1.70, based on 1,790 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. Thakkers Developers's current Current Ratio of 11.54 is 578.8% 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 Real Estate industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thakkers Developers's current Current Ratio is 11.54, which is 121% above median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thakkers Developers stock overvalued right now?
Based on GuruFocus' analysis, Thakkers Developers (BOM:526654) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹168.15, compared to a current price of ₹116.20 — trading 30.9% below its estimated fair value. The current Current Ratio is 11.54, which is 121% above median its 10-year median of 5.22 and 578.8% above the Real Estate industry median of 1.70. Thakkers Developers' overall GF Score™ is 67/100 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 Thakkers Developers (BOM:526654), the current Current Ratio is 11.54 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 Thakkers Developers (BOM:526654) Overvalued in 2026?

Based on GuruFocus' analysis, Thakkers Developers stock appears to be undervalued. The current stock price of ₹116.20 is trading 30.9% below its estimated GF Value™ of ₹168.15. GuruFocus considers Thakkers Developers to be Significantly Undervalued.

Key valuation signals for BOM:526654:

  • Current Ratio: 11.54 (121% above median its 10-year median of 5.22)
  • GF Value™: ₹168.15 vs. price of ₹116.20 (30.9% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 578.8% above the Real Estate median (#102 of 1790)

No single metric tells the full story. See the BOM:526654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thakkers Developers Business Description

Address Modi Street, 37/39, Kantol Niwas, Fort, Mumbai, MH, IND, 400 001
Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.
67GF Score

Get the complete analysis for BOM:526654

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

₹116.20
Price
₹168.15
GF Value