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National General IndustriesBOM:531651 52 Current Ratio is 4.41 as of Mar. 2026, which is 48% above its 10-year median of 2.98. GuruFocus rates BOM:531651 with a GF Score™ of 52/100 and a GF Value™ of ₹53.42 (Fairly Valued). The stock has 4 warning signs investors should review. Among 635 Steel companies, National General Industries ranks better than 84.88% 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. National General Industries's current ratio for the quarter that ended in Mar. 2026 was 4.41.
National General Industries has a current ratio of 4.41. 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 National General Industries's Current Ratio or its related term are showing as below:
BOM:531651'
s Current Ratio Range Over the Past 10 Years
Min: 2.7 Med: 2.98 Max: 8.91
Current: 4.41
During the past 13 years, National General Industries's highest Current Ratio was 8.91. The lowest was 2.70. And the median was 2.98.
BOM:531651's Current Ratio is ranked better than 84.88% of 635
companies
in the Steel industry
Industry Median: 1.63
vs BOM:531651: 4.41
National General Industries (BOM:531651) 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.
National General Industries Current Ratio Related Terms
National General Industries Current Ratio Historical Data
* 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:531651 vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, National General 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.
National General Industries Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, National General Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where National General Industries'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.
National General Industries (BOM:531651) has a Current Ratio of 4.41 as of Mar. 2026. This is 48% above median its historical median of 2.98. Over the past decade, National General Industries' Current Ratio has ranged from 2.70 to 8.91. According to the industry distribution chart, National General Industries ranks #96 out of 635 companies in the Steel industry, placing it in the top 15.1%.
Is National General Industries' Current Ratio too high?
National General Industries' current Current Ratio of 4.41 is 48% above median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 8.91. The Steel industry median Current Ratio is 1.63. National General Industries' value of 4.41 is 170.6% above this industry median. Based on the distribution chart, National General Industries ranks #96 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, National General Industries has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National General Industries' Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, National General Industries ranks #96 out of 635 companies for Current Ratio. This places National General Industries in the top 15% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. National General Industries' value of 4.41 is 170.6% above this benchmark. Historically, National General Industries' own Current Ratio has ranged from 2.70 to 8.91 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 1.63, National General 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 a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 635 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. National General Industries's current Current Ratio of 4.41 is 170.6% 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. National General Industries's current Current Ratio is 4.41, which is 48% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National General Industries stock overvalued right now?
Based on GuruFocus' analysis, National General Industries (BOM:531651) is currently considered Fairly Valued. The stock's GF Value™ is ₹53.42, compared to a current price of ₹57.69 — trading 8% above its estimated fair value. The current Current Ratio is 4.41, which is 48% above median its 10-year median of 2.98 and 170.6% above the Steel industry median of 1.63. National General Industries' overall GF Score™ is 52/100 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 National General Industries (BOM:531651), the current Current Ratio is 4.41 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 National General Industries (BOM:531651) Overvalued in 2026?
Based on GuruFocus' analysis, National General Industries stock appears to be overvalued.
The current stock price of ₹57.69 is trading 8% above its estimated GF Value™ of ₹53.42.
GuruFocus considers National General Industries to be Fairly Valued.
Key valuation signals for BOM:531651:
Current Ratio: 4.41 (48% above median its 10-year median of 2.98)
GF Value™: ₹53.42 vs. price of ₹57.69 (8% above fair value)
Industry Position: 170.6% above the Steel median (#96 of 635)
No single metric tells the full story. See the BOM:531651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National General Industries Ltd is active in the steel industry, engaged in the production and sale of steel through its rolling unit located in Ghaziabad, Uttar Pradesh. It manufactures hot-rolled steel rounds, steel squares, and steel flats. The company operates in two segments: steel manufacturing and investments, with the majority of its revenue generated from steel manufacturing.
52GF Score
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