Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Devine ImpexBOM:531585 60 Current Ratio is 224.15 as of Mar. 2026, which is 10% below its 10-year median of 249.30. GuruFocus rates BOM:531585 with a GF Score™ of 60/100 and a GF Value™ of ₹7.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Devine Impex ranks better than 99.91% 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. Devine Impex's current ratio for the quarter that ended in Mar. 2026 was 224.15.
Devine Impex has a current ratio of 224.15. 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 Devine Impex's Current Ratio or its related term are showing as below:
BOM:531585'
s Current Ratio Range Over the Past 10 Years
Min: 150.28 Med: 249.3 Max: 454.05
Current: 224.15
During the past 13 years, Devine Impex's highest Current Ratio was 454.05. The lowest was 150.28. And the median was 249.30.
BOM:531585's Current Ratio is ranked better than 99.91% of 1136
companies
in the Retail - Cyclical industry
Industry Median: 1.57
vs BOM:531585: 224.15
Devine Impex (BOM:531585) 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.
Devine Impex Current Ratio Related Terms
Devine Impex Current Ratio Historical Data
* Premium members only.
The historical data trend for Devine Impex'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.
For the Luxury Goods subindustry, Devine Impex'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.
Devine Impex Current Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Devine Impex's Current Ratio distribution charts can be found below:
* The bar in red indicates where Devine Impex'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.
Devine Impex (BOM:531585) has a Current Ratio of 224.15 as of Mar. 2026. This is 10% below median its historical median of 249.30. Over the past decade, Devine Impex's Current Ratio has ranged from 150.28 to 454.05. According to the industry distribution chart, Devine Impex ranks #1 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 0.099999999999994%.
Is Devine Impex's Current Ratio too high?
Devine Impex's current Current Ratio of 224.15 is 10% below median its 10-year median of 249.30. Over the past 10 years, this metric has ranged from a low of 150.28 to a high of 454.05. The Retail - Cyclical industry median Current Ratio is 1.57. Devine Impex's value of 224.15 is 14177.1% above this industry median. Based on the distribution chart, Devine Impex ranks #1 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Devine Impex has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Devine Impex's Current Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Devine Impex ranks #1 out of 1136 companies for Current Ratio. This places Devine Impex in the top 0% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.57. Devine Impex's value of 224.15 is 14177.1% above this benchmark. Historically, Devine Impex's own Current Ratio has ranged from 150.28 to 454.05 over the past decade. While the company's 10-year median is 249.30 vs. the industry median of 1.57, Devine Impex 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.57, based on 1,136 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. Devine Impex's current Current Ratio of 224.15 is 14177.1% 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 Retail - Cyclical industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devine Impex's current Current Ratio is 224.15, which is 10% below median its own 10-year median of 249.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devine Impex stock overvalued right now?
Based on GuruFocus' analysis, Devine Impex (BOM:531585) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹7.07, compared to a current price of ₹9.00 — trading 27.3% above its estimated fair value. The current Current Ratio is 224.15, which is 10% below median its 10-year median of 249.30 and 14177.1% above the Retail - Cyclical industry median of 1.57. Devine Impex's overall GF Score™ is 60/100 with 3 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 Devine Impex (BOM:531585), the current Current Ratio is 224.15 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 Devine Impex (BOM:531585) Overvalued in 2026?
Based on GuruFocus' analysis, Devine Impex stock appears to be overvalued.
The current stock price of ₹9.00 is trading 27.3% above its estimated GF Value™ of ₹7.07.
GuruFocus considers Devine Impex to be Modestly Overvalued.
Key valuation signals for BOM:531585:
Current Ratio: 224.15 (10% below median its 10-year median of 249.30)
GF Value™: ₹7.07 vs. price of ₹9.00 (27.3% above fair value)
Industry Position: 14177.1% above the Retail - Cyclical median (#1 of 1136)
No single metric tells the full story. See the BOM:531585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531585 has been successfully added to your 
