Prakash Steelage (BOM:533239) Current Ratio: 0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:533239 Prakash Steelage Ltd BOM:533239
66 GF Score
Price ₹3.74
GF Value ₹6.87
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Prakash Steelage Current Ratio?

Prakash Steelage BOM:533239 -1.58% 66 Current Ratio is 0.00 as of Jun. 2026. GuruFocus rates BOM:533239 with a GF Score™ of 66/100 and a GF Value™ of ₹6.87 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 632 Steel companies, Prakash Steelage ranks worse than 79.11% 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. Prakash Steelage's current ratio for the quarter that ended in Jun. 2026 was 0.00.

Prakash Steelage has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Prakash Steelage has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Prakash Steelage's Current Ratio or its related term are showing as below:

BOM:533239' s Current Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.34   Max: 1.1
Current: 1.07

During the past 13 years, Prakash Steelage's highest Current Ratio was 1.10. The lowest was 0.07. And the median was 0.34.

BOM:533239's Current Ratio is ranked worse than
79.11% of 632 companies
in the Steel industry
Industry Median: 1.61 vs BOM:533239: 1.07

Prakash Steelage  (BOM:533239) 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.


Prakash Steelage Current Ratio Related Terms


Prakash Steelage Current Ratio Historical Data

* Premium members only.

The historical data trend for Prakash Steelage'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.

Prakash Steelage Current Ratio Chart

Prakash Steelage 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 0.33 0.34 1.04 1.10 1.07

Prakash Steelage Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 1.08 0.00 1.07 0.00

BOM:533239 vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, Prakash Steelage'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.


Prakash Steelage Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Prakash Steelage's Current Ratio distribution charts can be found below:

* The bar in red indicates where Prakash Steelage's Current Ratio falls into.


BOM:533239
66GF Score
Prakash Steelage Ltd BOM:533239
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prakash Steelage 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.

Prakash Steelage'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 )
=359.986/337.372
=1.07

Prakash Steelage's Current Ratio for the quarter that ended in Jun. 2026 is calculated as

Current Ratio (Q: Jun. 2026 )=Total Current Assets (Q: Jun. 2026 )/Total Current Liabilities (Q: Jun. 2026 )
=0/0
=

* 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 0.00 mean?
Prakash Steelage (BOM:533239) has a Current Ratio of 0.00 as of Jun. 2026. Over the past decade, Prakash Steelage's Current Ratio has ranged from 0.07 to 1.10. According to the industry distribution chart, Prakash Steelage ranks #500 out of 632 companies in the Steel industry, placing it in the top 79.1%.
Is Prakash Steelage's Current Ratio too high?
Prakash Steelage's current Current Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.10. Based on the distribution chart, Prakash Steelage ranks #500 out of 632 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Prakash Steelage has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Prakash Steelage's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Steelage ranks #500 out of 632 companies for Current Ratio. This places Prakash Steelage in the lower half of its industry. The industry median Current Ratio is 1.61. Historically, Prakash Steelage's own Current Ratio has ranged from 0.07 to 1.10 over the past decade. 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 1.61, based on 632 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. 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 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Steelage's current Current Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Steelage stock overvalued right now?
Based on GuruFocus' analysis, Prakash Steelage (BOM:533239) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6.87, compared to a current price of ₹3.74 — trading 45.6% below its estimated fair value. The current Current Ratio is 0.00. Prakash Steelage's overall GF Score™ is 66/100 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 Prakash Steelage (BOM:533239), the current Current Ratio is 0.00 as of Jun. 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 Prakash Steelage (BOM:533239) Overvalued in 2026?

Based on GuruFocus' analysis, Prakash Steelage stock appears to be undervalued. The current stock price of ₹3.74 is trading 45.6% below its estimated GF Value™ of ₹6.87. GuruFocus considers Prakash Steelage to be Possible Value Trap.

Key valuation signals for BOM:533239:

  • Current Ratio: 0.00
  • GF Value™: ₹6.87 vs. price of ₹3.74 (45.6% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the BOM:533239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Prakash Steelage Business Description

Other Exchanges PRAKASHSTL:India
Address 28, Sindhi Lane, Nanubhai Desai Road, 101, 1st Floor, Shatrunjay Apartment, Mumbai, MH, IND, 400 004
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. The products of the company are available in various conditions, such as welded pipes, large-diameter pipes, welded tubes, welded instrumentation tubes, welded heat exchanger tubes, and welded EFW pipes. Geographically, all the group's business activity is operated through India's region.
66GF Score

Get the complete analysis for BOM:533239

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

₹3.74
Price
₹6.87
GF Value