Tirupati Innovar (BOM:539040) Current Ratio: 1.41 (As of Mar. 2026) — 96% Below Median

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BOM:539040 Tirupati Innovar Ltd BOM:539040
33 GF Score
Price ₹6.21
! 3 Warning Signs
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What is Tirupati Innovar Current Ratio?

Tirupati Innovar BOM:539040 +0.98% 33 Current Ratio is 1.41 as of Mar. 2026, which is 96% below its 10-year median of 31.68. GuruFocus rates BOM:539040 with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Tirupati Innovar ranks worse than 55.02% 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. Tirupati Innovar's current ratio for the quarter that ended in Mar. 2026 was 1.41.

Tirupati Innovar has a current ratio of 1.41. It generally indicates good short-term financial strength.

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

BOM:539040' s Current Ratio Range Over the Past 10 Years
Min: 1.29   Med: 31.68   Max: 1523.98
Current: 1.41

During the past 13 years, Tirupati Innovar's highest Current Ratio was 1523.98. The lowest was 1.29. And the median was 31.68.

BOM:539040's Current Ratio is ranked worse than
55.02% of 1334 companies
in the Vehicles & Parts industry
Industry Median: 1.5 vs BOM:539040: 1.41

Tirupati Innovar  (BOM:539040) 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.


Tirupati Innovar Current Ratio Related Terms


Tirupati Innovar Current Ratio Historical Data

* Premium members only.

The historical data trend for Tirupati Innovar'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.

Tirupati Innovar Current Ratio Chart

Tirupati Innovar 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 19.49 1,523.98 878.14 6.79 1.41

Tirupati Innovar 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 6.79 0.00 2.09 0.00 1.41

BOM:539040 vs ORLY, AZO: Current Ratio Comparison

For the Auto Parts subindustry, Tirupati Innovar'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.


Tirupati Innovar Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tirupati Innovar's Current Ratio distribution charts can be found below:

* The bar in red indicates where Tirupati Innovar's Current Ratio falls into.


BOM:539040
33GF Score
Tirupati Innovar Ltd BOM:539040
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirupati Innovar 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.

Tirupati Innovar'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 )
=2094.782/1487.573
=1.41

Tirupati Innovar'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 )
=2094.782/1487.573
=1.41

* 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 1.41 mean?
Tirupati Innovar (BOM:539040) has a Current Ratio of 1.41 as of Mar. 2026. This is 96% below median its historical median of 31.68. Over the past decade, Tirupati Innovar's Current Ratio has ranged from 1.29 to 1,523.98. According to the industry distribution chart, Tirupati Innovar ranks #734 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 55%.
Is Tirupati Innovar's Current Ratio too high?
Tirupati Innovar's current Current Ratio of 1.41 is 96% below median its 10-year median of 31.68. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 1,523.98. The Vehicles & Parts industry median Current Ratio is 1.50. Tirupati Innovar's value of 1.41 is 6% below this industry median. Based on the distribution chart, Tirupati Innovar ranks #734 out of 1334 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tirupati Innovar has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Tirupati Innovar's Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tirupati Innovar ranks #734 out of 1334 companies for Current Ratio. This places Tirupati Innovar in the lower half of its industry. The industry median Current Ratio is 1.50. Tirupati Innovar's value of 1.41 is 6% below this benchmark. Historically, Tirupati Innovar's own Current Ratio has ranged from 1.29 to 1,523.98 over the past decade. While the company's 10-year median is 31.68 vs. the industry median of 1.50, Tirupati Innovar 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.50, based on 1,334 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. Tirupati Innovar's current Current Ratio of 1.41 is 6% 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 Vehicles & Parts industry, the median Current Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirupati Innovar's current Current Ratio is 1.41, which is 96% below median its own 10-year median of 31.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirupati Innovar stock overvalued right now?
Tirupati Innovar (BOM:539040) has a current Current Ratio of 1.41. The current Current Ratio is 1.41, which is 96% below median its 10-year median of 31.68 and 6% below the Vehicles & Parts industry median of 1.50. Tirupati Innovar's overall GF Score™ is 33/100 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 Tirupati Innovar (BOM:539040), the current Current Ratio is 1.41 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.

Tirupati Innovar Business Description

Address Anand Nagar, Unit No. 606, Reliables Pride, Opposite Heera Panna, Jogeshwari West, Mumbai, MH, IND, 400102
Tirupati Innovar Ltd, formerly Tirupati Tyres Ltd is a tyre manufacturer in India catering to diverse business segments in the automobile industry. It manufactures and retails tires and tubes for cycles, bicycles, motorcycles, auto rickshaws, and other vehicles in India. The company serves diverse segments within the automobile industry by providing a range of rubber products tailored for different vehicle types. It operates through a network of dealers and distributors to reach its customers. Revenue prominently comes from the sale of tires and related products, supported by manufacturing and trading activities. The company focuses on delivering quality solutions aimed at meeting the needs of various transportation sectors.
33GF Score

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

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