Captain Polyplast (BOM:536974) Current Ratio: 2.14 (As of Mar. 2026) — 44% Above Median

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:536974 Captain Polyplast Ltd BOM:536974
91 GF Score
Price ₹70.38
GF Value ₹92.90
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Captain Polyplast Current Ratio?

Captain Polyplast BOM:536974 -1.50% 91 Current Ratio is 2.14 as of Mar. 2026, which is 44% above its 10-year median of 1.49. GuruFocus rates BOM:536974 with a GF Score™ of 91/100 and a GF Value™ of ₹92.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 211 Farm & Heavy Construction Machinery companies, Captain Polyplast ranks better than 65.4% 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. Captain Polyplast's current ratio for the quarter that ended in Mar. 2026 was 2.14.

Captain Polyplast has a current ratio of 2.14. It generally indicates good short-term financial strength.

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

BOM:536974' s Current Ratio Range Over the Past 10 Years
Min: 1.15   Med: 1.49   Max: 2.14
Current: 2.14

During the past 13 years, Captain Polyplast's highest Current Ratio was 2.14. The lowest was 1.15. And the median was 1.49.

BOM:536974's Current Ratio is ranked better than
65.4% of 211 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.81 vs BOM:536974: 2.14

Captain Polyplast  (BOM:536974) 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.


Captain Polyplast Current Ratio Related Terms


Captain Polyplast Current Ratio Historical Data

* Premium members only.

The historical data trend for Captain Polyplast'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.

Captain Polyplast Current Ratio Chart

Captain Polyplast 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 1.58 1.54 1.59 2.14 2.14

Captain Polyplast 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 2.14 0.00 2.08 0.00 2.14

BOM:536974 vs CAT, DE, PCAR: Current Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Captain Polyplast'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.


Captain Polyplast Current Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Captain Polyplast's Current Ratio distribution charts can be found below:

* The bar in red indicates where Captain Polyplast's Current Ratio falls into.


BOM:536974
91GF Score
Captain Polyplast Ltd BOM:536974
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Captain Polyplast 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.

Captain Polyplast'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 )
=3081.436/1443.144
=2.14

Captain Polyplast'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 )
=3081.436/1443.144
=2.14

* 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 2.14 mean?
Captain Polyplast (BOM:536974) has a Current Ratio of 2.14 as of Mar. 2026. This is 44% above median its historical median of 1.49. Over the past decade, Captain Polyplast's Current Ratio has ranged from 1.15 to 2.14. According to the industry distribution chart, Captain Polyplast ranks #73 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 34.6%.
Is Captain Polyplast's Current Ratio too high?
Captain Polyplast's current Current Ratio of 2.14 is 44% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 2.14. The Farm & Heavy Construction Machinery industry median Current Ratio is 1.81. Captain Polyplast's value of 2.14 is 18.2% above this industry median. Based on the distribution chart, Captain Polyplast ranks #73 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Captain Polyplast has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Captain Polyplast's Current Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Captain Polyplast ranks #73 out of 211 companies for Current Ratio. This puts Captain Polyplast in the upper half of its industry. The industry median Current Ratio is 1.81. Captain Polyplast's value of 2.14 is 18.2% above this benchmark. Historically, Captain Polyplast's own Current Ratio has ranged from 1.15 to 2.14 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.81, Captain Polyplast 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 Farm & Heavy Construction Machinery company?
The median Current Ratio among Farm & Heavy Construction Machinery companies is 1.81, based on 211 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. Captain Polyplast's current Current Ratio of 2.14 is 18.2% 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 Farm & Heavy Construction Machinery industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Captain Polyplast's current Current Ratio is 2.14, which is 44% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Captain Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Captain Polyplast (BOM:536974) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.90, compared to a current price of ₹70.38 — trading 24.2% below its estimated fair value. The current Current Ratio is 2.14, which is 44% above median its 10-year median of 1.49 and 18.2% above the Farm & Heavy Construction Machinery industry median of 1.81. Captain Polyplast's overall GF Score™ is 91/100 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 Captain Polyplast (BOM:536974), the current Current Ratio is 2.14 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 Captain Polyplast (BOM:536974) Overvalued in 2026?

Based on GuruFocus' analysis, Captain Polyplast stock appears to be undervalued. The current stock price of ₹70.38 is trading 24.2% below its estimated GF Value™ of ₹92.90. GuruFocus considers Captain Polyplast to be Modestly Undervalued.

Key valuation signals for BOM:536974:

  • Current Ratio: 2.14 (44% above median its 10-year median of 1.49)
  • GF Value™: ₹92.90 vs. price of ₹70.38 (24.2% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 18.2% above the Farm & Heavy Construction Machinery median (#73 of 211)

No single metric tells the full story. See the BOM:536974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Captain Polyplast Business Description

Address Survey No. 267, Plot No. 10A, 10B and 11, N.H. No.27, Captain Gate, Shapar - Veraval, Rajkot, GJ, IND, 360 024
Captain Polyplast Ltd is engaged in the business of manufacturing and selling micro-irrigation systems and allied products. The segments include Manufacturing of Micro Irrigation Systems & Allied Products and DCA cum CS of Indian Oil Corporation Ltd. (IOCL) - PolymerBusiness. Its products include Irrigation equipment, including drip irrigation systems, irrigation laterals, valves, irrigation filters, sprinkler irrigation systems, mini sprinkler irrigation systems, greenhouses, and mulch films. The majority of the revenue is from the Manufacturing of Micro Irrigation Systems & Allied Products segment.
91GF Score

Get the complete analysis for BOM:536974

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

₹70.38
Price
₹92.90
GF Value