Narmada Gelatines (BOM:526739) Current Ratio: 3.59 (As of Mar. 2026) — 19% Below Median

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BOM:526739 Narmada Gelatines Ltd BOM:526739
68 GF Score
Price ₹503.35
GF Value ₹442.17
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Narmada Gelatines Current Ratio?

Narmada Gelatines BOM:526739 -1.30% 68 Current Ratio is 3.59 as of Mar. 2026, which is 19% below its 10-year median of 4.43. GuruFocus rates BOM:526739 with a GF Score™ of 68/100 and a GF Value™ of ₹442.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,606 Chemicals companies, Narmada Gelatines ranks better than 78.52% 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. Narmada Gelatines's current ratio for the quarter that ended in Mar. 2026 was 3.59.

Narmada Gelatines has a current ratio of 3.59. 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 Narmada Gelatines's Current Ratio or its related term are showing as below:

BOM:526739' s Current Ratio Range Over the Past 10 Years
Min: 2.55   Med: 4.43   Max: 6.11
Current: 3.59

During the past 13 years, Narmada Gelatines's highest Current Ratio was 6.11. The lowest was 2.55. And the median was 4.43.

BOM:526739's Current Ratio is ranked better than
78.52% of 1606 companies
in the Chemicals industry
Industry Median: 1.89 vs BOM:526739: 3.59

Narmada Gelatines  (BOM:526739) 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.


Narmada Gelatines Current Ratio Related Terms


Narmada Gelatines Current Ratio Historical Data

* Premium members only.

The historical data trend for Narmada Gelatines'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.

Narmada Gelatines Current Ratio Chart

Narmada Gelatines 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 4.98 4.54 4.65 2.55 3.59

Narmada Gelatines 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 2.55 0.00 2.80 0.00 3.59

BOM:526739 vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Narmada Gelatines'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.


Narmada Gelatines Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Narmada Gelatines's Current Ratio distribution charts can be found below:

* The bar in red indicates where Narmada Gelatines's Current Ratio falls into.


BOM:526739
68GF Score
Narmada Gelatines Ltd BOM:526739
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmada Gelatines 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.

Narmada Gelatines'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 )
=850.4/236.7
=3.59

Narmada Gelatines'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 )
=850.4/236.7
=3.59

* 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 3.59 mean?
Narmada Gelatines (BOM:526739) has a Current Ratio of 3.59 as of Mar. 2026. This is 19% below median its historical median of 4.43. Over the past decade, Narmada Gelatines' Current Ratio has ranged from 2.55 to 6.11. According to the industry distribution chart, Narmada Gelatines ranks #345 out of 1606 companies in the Chemicals industry, placing it in the top 21.5%.
Is Narmada Gelatines' Current Ratio too high?
Narmada Gelatines' current Current Ratio of 3.59 is 19% below median its 10-year median of 4.43. Over the past 10 years, this metric has ranged from a low of 2.55 to a high of 6.11. The Chemicals industry median Current Ratio is 1.89. Narmada Gelatines' value of 3.59 is 89.9% above this industry median. Based on the distribution chart, Narmada Gelatines ranks #345 out of 1606 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Narmada Gelatines has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Gelatines' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Narmada Gelatines ranks #345 out of 1606 companies for Current Ratio. This places Narmada Gelatines in the top 22% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Narmada Gelatines' value of 3.59 is 89.9% above this benchmark. Historically, Narmada Gelatines' own Current Ratio has ranged from 2.55 to 6.11 over the past decade. While the company's 10-year median is 4.43 vs. the industry median of 1.89, Narmada Gelatines 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 1,606 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. Narmada Gelatines's current Current Ratio of 3.59 is 89.9% 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. Narmada Gelatines's current Current Ratio is 3.59, which is 19% below median its own 10-year median of 4.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Gelatines stock overvalued right now?
Based on GuruFocus' analysis, Narmada Gelatines (BOM:526739) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹442.17, compared to a current price of ₹503.35 — trading 13.8% above its estimated fair value. The current Current Ratio is 3.59, which is 19% below median its 10-year median of 4.43 and 89.9% above the Chemicals industry median of 1.89. Narmada Gelatines' overall GF Score™ is 68/100 with 4 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 Narmada Gelatines (BOM:526739), the current Current Ratio is 3.59 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 Narmada Gelatines (BOM:526739) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Gelatines stock appears to be overvalued. The current stock price of ₹503.35 is trading 13.8% above its estimated GF Value™ of ₹442.17. GuruFocus considers Narmada Gelatines to be Modestly Overvalued.

Key valuation signals for BOM:526739:

  • Current Ratio: 3.59 (19% below median its 10-year median of 4.43)
  • GF Value™: ₹442.17 vs. price of ₹503.35 (13.8% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 89.9% above the Chemicals median (#345 of 1606)

No single metric tells the full story. See the BOM:526739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Gelatines Business Description

Address 15 Civil Lines, Post Box No. 91, Caravs Building, 1st Floor, Room No 28, Jabalpur, MP, IND, 482001
Narmada Gelatines Ltd manufactures and sells Ossein, Gelatine, and by-product Di-calcium Phosphate (DCP) from its Jabalpur facility. Gelatine, a natural animal protein derived from collagen in animal bones, especially bovine bones, is composed of essential amino acids and used in pharmaceuticals, food, photographic, and technical industries. The company operates mainly in India and exports internationally, with domestic sales forming the majority of its revenue. Gelatine and its related products form the company's main operating segment.
68GF Score

Get the complete analysis for BOM:526739

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

₹503.35
Price
₹442.17
GF Value