Mahan Industries (BOM:531515) Current Ratio: 22.56 (As of Mar. 2026) — 73% Below Median

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BOM:531515 Mahan Industries Ltd BOM:531515
59 GF Score
Price ₹11.63
GF Value ₹24.66
Valuation Possible Value Trap
! 6 Warning Signs
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What is Mahan Industries Current Ratio?

Mahan Industries BOM:531515 59 Current Ratio is 22.56 as of Mar. 2026, which is 73% below its 10-year median of 82.88. GuruFocus rates BOM:531515 with a GF Score™ of 59/100 and a GF Value™ of ₹24.66 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 714 Asset Management companies, Mahan Industries ranks better than 81.79% 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. Mahan Industries's current ratio for the quarter that ended in Mar. 2026 was 22.56.

Mahan Industries has a current ratio of 22.56. 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 Mahan Industries's Current Ratio or its related term are showing as below:

BOM:531515' s Current Ratio Range Over the Past 10 Years
Min: 2.46   Med: 82.88   Max: 376.91
Current: 22.56

During the past 13 years, Mahan Industries's highest Current Ratio was 376.91. The lowest was 2.46. And the median was 82.88.

BOM:531515's Current Ratio is ranked better than
81.79% of 714 companies
in the Asset Management industry
Industry Median: 3 vs BOM:531515: 22.56

Mahan Industries  (BOM:531515) 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.


Mahan Industries Current Ratio Related Terms


Mahan Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Mahan Industries'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.

Mahan Industries Current Ratio Chart

Mahan Industries 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 376.91 75.60 90.15 97.06 22.56

Mahan Industries 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 97.06 0.00 18.11 0.00 22.56

BOM:531515 vs BLK, BX, KKR: Current Ratio Comparison

For the Asset Management subindustry, Mahan Industries'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.


Mahan Industries Current Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mahan Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mahan Industries's Current Ratio falls into.


BOM:531515
59GF Score
Mahan Industries Ltd BOM:531515
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahan Industries 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.

Mahan Industries'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 )
=98.952/4.387
=22.56

Mahan Industries'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 )
=98.952/4.387
=22.56

* 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 22.56 mean?
Mahan Industries (BOM:531515) has a Current Ratio of 22.56 as of Mar. 2026. This is 73% below median its historical median of 82.88. Over the past decade, Mahan Industries' Current Ratio has ranged from 2.46 to 376.91. According to the industry distribution chart, Mahan Industries ranks #130 out of 714 companies in the Asset Management industry, placing it in the top 18.2%.
Is Mahan Industries' Current Ratio too high?
Mahan Industries' current Current Ratio of 22.56 is 73% below median its 10-year median of 82.88. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 376.91. The Asset Management industry median Current Ratio is 3.00. Mahan Industries' value of 22.56 is 652% above this industry median. Based on the distribution chart, Mahan Industries ranks #130 out of 714 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Mahan Industries has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahan Industries' Current Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Mahan Industries ranks #130 out of 714 companies for Current Ratio. This places Mahan Industries in the top 18% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.00. Mahan Industries' value of 22.56 is 652% above this benchmark. Historically, Mahan Industries' own Current Ratio has ranged from 2.46 to 376.91 over the past decade. While the company's 10-year median is 82.88 vs. the industry median of 3.00, Mahan Industries 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 an Asset Management company?
The median Current Ratio among Asset Management companies is 3.00, based on 714 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. Mahan Industries's current Current Ratio of 22.56 is 652% 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 Asset Management industry, the median Current Ratio is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahan Industries's current Current Ratio is 22.56, which is 73% below median its own 10-year median of 82.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahan Industries stock overvalued right now?
Based on GuruFocus' analysis, Mahan Industries (BOM:531515) is currently considered Possible Value Trap. The stock's GF Value™ is ₹24.66, compared to a current price of ₹11.63 — trading 52.8% below its estimated fair value. The current Current Ratio is 22.56, which is 73% below median its 10-year median of 82.88 and 652% above the Asset Management industry median of 3.00. Mahan Industries' overall GF Score™ is 59/100 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 Mahan Industries (BOM:531515), the current Current Ratio is 22.56 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 Mahan Industries (BOM:531515) Overvalued in 2026?

Based on GuruFocus' analysis, Mahan Industries stock appears to be undervalued. The current stock price of ₹11.63 is trading 52.8% below its estimated GF Value™ of ₹24.66. GuruFocus considers Mahan Industries to be Possible Value Trap.

Key valuation signals for BOM:531515:

  • Current Ratio: 22.56 (73% below median its 10-year median of 82.88)
  • GF Value™: ₹24.66 vs. price of ₹11.63 (52.8% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 652% above the Asset Management median (#130 of 714)

No single metric tells the full story. See the BOM:531515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahan Industries Business Description

Address Near Mithakhali Under Bridge, 3rd Floor, D. K. House, Mithakhali, Ahmedabad, GJ, IND, 380006
Mahan Industries Ltd is an investment company. It is engaged in the business of investment in quoted and unquoted shares and trading in shares. The company provides equity capital to the companies and also offers loans and debts to companies, business entities and high net worth individuals. The company invests in middle-market companies.
59GF Score

Get the complete analysis for BOM:531515

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

₹11.63
Price
₹24.66
GF Value