Shalimar Wires Industries (BOM:532455) Current Ratio: 1.32 (As of Mar. 2026) — Near Median

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BOM:532455 Shalimar Wires Industries Ltd BOM:532455
66 GF Score
Price ₹21.55
GF Value ₹24.01
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Shalimar Wires Industries Current Ratio?

Shalimar Wires Industries BOM:532455 +3.81% 66 Current Ratio is 1.32 as of Mar. 2026, which is 3% above its 10-year median of 1.28. GuruFocus rates BOM:532455 with a GF Score™ of 66/100 and a GF Value™ of ₹24.01 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 288 Forest Products companies, Shalimar Wires Industries ranks worse than 62.15% 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. Shalimar Wires Industries's current ratio for the quarter that ended in Mar. 2026 was 1.32.

Shalimar Wires Industries has a current ratio of 1.32. It generally indicates good short-term financial strength.

The historical rank and industry rank for Shalimar Wires Industries's Current Ratio or its related term are showing as below:

BOM:532455' s Current Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.28   Max: 2.84
Current: 1.32

During the past 13 years, Shalimar Wires Industries's highest Current Ratio was 2.84. The lowest was 0.44. And the median was 1.28.

BOM:532455's Current Ratio is ranked worse than
62.15% of 288 companies
in the Forest Products industry
Industry Median: 1.535 vs BOM:532455: 1.32

Shalimar Wires Industries  (BOM:532455) 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.


Shalimar Wires Industries Current Ratio Related Terms


Shalimar Wires Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Shalimar Wires 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.

Shalimar Wires Industries Current Ratio Chart

Shalimar Wires 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 1.01 1.43 1.26 1.30 1.32

Shalimar Wires 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 1.30 0.00 1.01 0.00 1.32

Shalimar Wires Industries Current Ratio Competitor Comparison

For the Paper & Paper Products subindustry, Shalimar Wires 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.


Shalimar Wires Industries Current Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shalimar Wires Industries's Current Ratio distribution charts can be found below:

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


BOM:532455
66GF Score
Shalimar Wires Industries Ltd BOM:532455
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shalimar Wires 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.

Shalimar Wires 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 )
=943.162/714.395
=1.32

Shalimar Wires 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 )
=943.162/714.395
=1.32

* 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 1.32 mean?
Shalimar Wires Industries (BOM:532455) has a Current Ratio of 1.32 as of Mar. 2026. This is near median its historical median of 1.28. Over the past decade, Shalimar Wires Industries' Current Ratio has ranged from 0.44 to 2.84. According to the industry distribution chart, Shalimar Wires Industries ranks #179 out of 288 companies in the Forest Products industry, placing it in the top 62.2%.
Is Shalimar Wires Industries' Current Ratio too high?
Shalimar Wires Industries' current Current Ratio of 1.32 is near median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.84. The Forest Products industry median Current Ratio is 1.54. Shalimar Wires Industries' value of 1.32 is 14% below this industry median. Based on the distribution chart, Shalimar Wires Industries ranks #179 out of 288 companies in the Forest Products industry, which is below the industry midpoint. Overall, Shalimar Wires Industries has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shalimar Wires Industries' Current Ratio compare to competitors?
According to the Forest Products industry distribution chart, Shalimar Wires Industries ranks #179 out of 288 companies for Current Ratio. This places Shalimar Wires Industries in the lower half of its industry. The industry median Current Ratio is 1.54. Shalimar Wires Industries' value of 1.32 is 14% below this benchmark. Historically, Shalimar Wires Industries' own Current Ratio has ranged from 0.44 to 2.84 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.54, Shalimar Wires Industries has consistently been below 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 Forest Products company?
The median Current Ratio among Forest Products companies is 1.54, based on 288 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. Shalimar Wires Industries's current Current Ratio of 1.32 is 14% below 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 Forest Products industry, the median Current Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shalimar Wires Industries's current Current Ratio is 1.32, which is near median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shalimar Wires Industries stock overvalued right now?
Based on GuruFocus' analysis, Shalimar Wires Industries (BOM:532455) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.01, compared to a current price of ₹21.55 — trading 10.2% below its estimated fair value. The current Current Ratio is 1.32, which is near median its 10-year median of 1.28 and 14% below the Forest Products industry median of 1.54. Shalimar Wires Industries' overall GF Score™ is 66/100 with 8 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 Shalimar Wires Industries (BOM:532455), the current Current Ratio is 1.32 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 Shalimar Wires Industries (BOM:532455) Overvalued in 2026?

Based on GuruFocus' analysis, Shalimar Wires Industries stock appears to be undervalued. The current stock price of ₹21.55 is trading 10.2% below its estimated GF Value™ of ₹24.01. GuruFocus considers Shalimar Wires Industries to be Modestly Undervalued.

Key valuation signals for BOM:532455:

  • Current Ratio: 1.32 (near median its 10-year median of 1.28)
  • GF Value™: ₹24.01 vs. price of ₹21.55 (10.2% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 14% below the Forest Products median (#179 of 288)

No single metric tells the full story. See the BOM:532455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shalimar Wires Industries Business Description

Address 25, Ganesh Chandra Avenue, 2nd Floor, Kolkata, WB, IND, 700013
Shalimar Wires Industries Ltd manufactures paper mill products. The product portfolio of the company includes Forming Fabric, Metallic Wire Cloth, Dandy Roll, Synthetic Woven Fabrics, and Accessories etc. The company also provides stainless steel sieve mesh used in cylinder mould paper machines, fiber cement mills, and pulp mills.
66GF Score

Get the complete analysis for BOM:532455

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

₹21.55
Price
₹24.01
GF Value