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Garg FurnaceBOM:530615 +0.43%65 Current Ratio is 4.08 as of Mar. 2026, which is 304% above its 10-year median of 1.01. GuruFocus rates BOM:530615 with a GF Score™ of 65/100 and a GF Value™ of ₹178.15 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 634 Steel companies, Garg Furnace ranks better than 82.81% 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. Garg Furnace's current ratio for the quarter that ended in Mar. 2026 was 4.08.
Garg Furnace has a current ratio of 4.08. 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 Garg Furnace's Current Ratio or its related term are showing as below:
BOM:530615'
s Current Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.01 Max: 4.08
Current: 4.08
During the past 13 years, Garg Furnace's highest Current Ratio was 4.08. The lowest was 0.53. And the median was 1.01.
BOM:530615's Current Ratio is ranked better than 82.81% of 634
companies
in the Steel industry
Industry Median: 1.63
vs BOM:530615: 4.08
Garg Furnace (BOM:530615) 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.
Garg Furnace Current Ratio Related Terms
Garg Furnace Current Ratio Historical Data
* Premium members only.
The historical data trend for Garg Furnace'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.
BOM:530615 vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Garg Furnace'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.
Garg Furnace Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Garg Furnace's Current Ratio distribution charts can be found below:
* The bar in red indicates where Garg Furnace'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.
Garg Furnace (BOM:530615) has a Current Ratio of 4.08 as of Mar. 2026. This is 304% above median its historical median of 1.01. Over the past decade, Garg Furnace's Current Ratio has ranged from 0.53 to 4.08. According to the industry distribution chart, Garg Furnace ranks #109 out of 634 companies in the Steel industry, placing it in the top 17.2%.
Is Garg Furnace's Current Ratio too high?
Garg Furnace's current Current Ratio of 4.08 is 304% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 4.08. The Steel industry median Current Ratio is 1.63. Garg Furnace's value of 4.08 is 150.3% above this industry median. Based on the distribution chart, Garg Furnace ranks #109 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Garg Furnace has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Garg Furnace ranks #109 out of 634 companies for Current Ratio. This places Garg Furnace in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. Garg Furnace's value of 4.08 is 150.3% above this benchmark. Historically, Garg Furnace's own Current Ratio has ranged from 0.53 to 4.08 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.63, Garg Furnace 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. Garg Furnace's current Current Ratio of 4.08 is 150.3% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garg Furnace's current Current Ratio is 4.08, which is 304% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹178.15, compared to a current price of ₹116.40 — trading 34.7% below its estimated fair value. The current Current Ratio is 4.08, which is 304% above median its 10-year median of 1.01 and 150.3% above the Steel industry median of 1.63. Garg Furnace's overall GF Score™ is 65/100 with 6 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 Garg Furnace (BOM:530615), the current Current Ratio is 4.08 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 Garg Furnace (BOM:530615) Overvalued in 2026?
Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued.
The current stock price of ₹116.40 is trading 34.7% below its estimated GF Value™ of ₹178.15.
GuruFocus considers Garg Furnace to be Significantly Undervalued.
Key valuation signals for BOM:530615:
Current Ratio: 4.08 (304% above median its 10-year median of 1.01)
GF Value™: ₹178.15 vs. price of ₹116.40 (34.7% below fair value)
Industry Position: 150.3% above the Steel median (#109 of 634)
No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
65GF Score
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