Mega Nirman and Industries (BOM:539767) Current Ratio: 2.41 (As of Mar. 2026) — Near 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:539767 Mega Nirman and Industries Ltd BOM:539767
39 GF Score
Price ₹35.46
! 3 Warning Signs
View Full Analysis

What is Mega Nirman and Industries Current Ratio?

Mega Nirman and Industries BOM:539767 +1.37% 39 Current Ratio is 2.41 as of Mar. 2026, which is 3% below its 10-year median of 2.48. GuruFocus rates BOM:539767 with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 1,139 Retail - Cyclical companies, Mega Nirman and Industries ranks better than 73.13% 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. Mega Nirman and Industries's current ratio for the quarter that ended in Mar. 2026 was 2.41.

Mega Nirman and Industries has a current ratio of 2.41. It generally indicates good short-term financial strength.

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

BOM:539767' s Current Ratio Range Over the Past 10 Years
Min: 0.43   Med: 2.48   Max: 49.26
Current: 2.41

During the past 13 years, Mega Nirman and Industries's highest Current Ratio was 49.26. The lowest was 0.43. And the median was 2.48.

BOM:539767's Current Ratio is ranked better than
73.13% of 1139 companies
in the Retail - Cyclical industry
Industry Median: 1.56 vs BOM:539767: 2.41

Mega Nirman and Industries  (BOM:539767) 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.


Mega Nirman and Industries Current Ratio Related Terms


Mega Nirman and Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Mega Nirman and 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.

Mega Nirman and Industries Current Ratio Chart

Mega Nirman and 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 3.81 0.43 1.66 13.74 2.41

Mega Nirman and 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 13.74 0.00 47.52 0.00 2.41

BOM:539767 vs TPR: Current Ratio Comparison

For the Luxury Goods subindustry, Mega Nirman and 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.


Mega Nirman and Industries Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mega Nirman and Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mega Nirman and Industries's Current Ratio falls into.


BOM:539767
39GF Score
Mega Nirman and Industries Ltd BOM:539767
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mega Nirman and 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.

Mega Nirman and 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 )
=116.609/48.437
=2.41

Mega Nirman and 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 )
=116.609/48.437
=2.41

* 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 2.41 mean?
Mega Nirman and Industries (BOM:539767) has a Current Ratio of 2.41 as of Mar. 2026. This is near median its historical median of 2.48. Over the past decade, Mega Nirman and Industries' Current Ratio has ranged from 0.43 to 49.26. According to the industry distribution chart, Mega Nirman and Industries ranks #306 out of 1139 companies in the Retail - Cyclical industry, placing it in the top 26.9%.
Is Mega Nirman and Industries' Current Ratio too high?
Mega Nirman and Industries' current Current Ratio of 2.41 is near median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 49.26. The Retail - Cyclical industry median Current Ratio is 1.56. Mega Nirman and Industries' value of 2.41 is 54.5% above this industry median. Based on the distribution chart, Mega Nirman and Industries ranks #306 out of 1139 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Mega Nirman and Industries has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Mega Nirman and Industries' Current Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Mega Nirman and Industries ranks #306 out of 1139 companies for Current Ratio. This puts Mega Nirman and Industries in the upper half of its industry. The industry median Current Ratio is 1.56. Mega Nirman and Industries' value of 2.41 is 54.5% above this benchmark. Historically, Mega Nirman and Industries' own Current Ratio has ranged from 0.43 to 49.26 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 1.56, Mega Nirman and Industries 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.56, based on 1,139 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. Mega Nirman and Industries's current Current Ratio of 2.41 is 54.5% 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 Retail - Cyclical industry, the median Current Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Nirman and Industries's current Current Ratio is 2.41, which is near median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Nirman and Industries stock overvalued right now?
Mega Nirman and Industries (BOM:539767) has a current Current Ratio of 2.41. The current Current Ratio is 2.41, which is near median its 10-year median of 2.48 and 54.5% above the Retail - Cyclical industry median of 1.56. Mega Nirman and Industries' overall GF Score™ is 39/100 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 Mega Nirman and Industries (BOM:539767), the current Current Ratio is 2.41 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.

Mega Nirman and Industries Business Description

Address Bharat Vihar Road, C-1/50,5, Raja Puri, Uttam Nagar, New Delhi, IND, 110059
Mega Nirman and Industries Ltd is involved in the business of investing in, acquire, deal in other precious metals, precious stones, jewelry and buying, selling and dealing, wholesale and retailing, in precious metals, precious stones, jewelry and articles made of precious metals, precious stones articles of virtue and objects of art. The company is engaged in the business of Trading of Precious and Semi-Precious Stones.
39GF Score

Get the complete analysis for BOM:539767

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

₹35.46
Price