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.
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. Solar Industries India's current ratio for the quarter that ended in Mar. 2026 was 2.06.
Solar Industries India has a current ratio of 2.06. It generally indicates good short-term financial strength.
The historical rank and industry rank for Solar Industries India's Current Ratio or its related term are showing as below:
BOM:532725'
s Current Ratio Range Over the Past 10 Years
Min: 1.33 Med: 1.5 Max: 2.06
Current: 2.06
During the past 13 years, Solar Industries India's highest Current Ratio was 2.06. The lowest was 1.33. And the median was 1.50.
BOM:532725's Current Ratio is ranked better than 54.79% of 1606
companies
in the Chemicals industry
Industry Median: 1.89
vs BOM:532725: 2.06
Solar Industries India (BOM:532725) 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.
Solar Industries India Current Ratio Related Terms
Solar Industries India 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:532725 vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Solar Industries India'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.
Solar Industries India Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Solar Industries India's Current Ratio distribution charts can be found below:
* The bar in red indicates where Solar Industries India'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.
Solar Industries India (BOM:532725) has a Current Ratio of 2.06 as of Mar. 2026. This is 37% above median its historical median of 1.50. Over the past decade, Solar Industries India's Current Ratio has ranged from 1.33 to 2.06. According to the industry distribution chart, Solar Industries India ranks #726 out of 1606 companies in the Chemicals industry, placing it in the top 45.2%.
Is Solar Industries India's Current Ratio too high?
Solar Industries India's current Current Ratio of 2.06 is 37% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 2.06. The Chemicals industry median Current Ratio is 1.89. Solar Industries India's value of 2.06 is 9% above this industry median. Based on the distribution chart, Solar Industries India ranks #726 out of 1606 companies in the Chemicals industry, which is above the industry midpoint. Overall, Solar Industries India has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Solar Industries India ranks #726 out of 1606 companies for Current Ratio. This puts Solar Industries India in the upper half of its industry. The industry median Current Ratio is 1.89. Solar Industries India's value of 2.06 is 9% above this benchmark. Historically, Solar Industries India's own Current Ratio has ranged from 1.33 to 2.06 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.89, Solar Industries India 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,606 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. Solar Industries India's current Current Ratio of 2.06 is 9% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Industries India's current Current Ratio is 2.06, which is 37% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (BOM:532725) is currently considered Fairly Valued. The stock's GF Value™ is ₹17,152.47, compared to a current price of ₹18,460.65 — trading 7.6% above its estimated fair value. The current Current Ratio is 2.06, which is 37% above median its 10-year median of 1.50 and 9% above the Chemicals industry median of 1.89. Solar Industries India's overall GF Score™ is 95/100 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 Solar Industries India (BOM:532725), the current Current Ratio is 2.06 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 Solar Industries India (BOM:532725) Overvalued in 2026?
Based on GuruFocus' analysis, Solar Industries India stock appears to be overvalued.
The current stock price of ₹18,460.65 is trading 7.6% above its estimated GF Value™ of ₹17,152.47.
GuruFocus considers Solar Industries India to be Fairly Valued.
Key valuation signals for BOM:532725:
Current Ratio: 2.06 (37% above median its 10-year median of 1.50)
GF Value™: ₹17,152.47 vs. price of ₹18,460.65 (7.6% above fair value)
Industry Position: 9% above the Chemicals median (#726 of 1606)
No single metric tells the full story. See the BOM:532725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
95GF Score
Get the complete analysis for BOM:532725
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532725 has been successfully added to your 
