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Bindal ExportsBOM:540148 53 Current Ratio is 4.33 as of Mar. 2026, which is 156% above its 10-year median of 1.69. GuruFocus rates BOM:540148 with a GF Score™ of 53/100 and a GF Value™ of ₹20.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Bindal Exports ranks better than 85.78% 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. Bindal Exports's current ratio for the quarter that ended in Mar. 2026 was 4.33.
Bindal Exports has a current ratio of 4.33. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Bindal Exports's Current Ratio or its related term are showing as below:
BOM:540148'
s Current Ratio Range Over the Past 10 Years
Min: 1.44 Med: 1.69 Max: 5.25
Current: 4.33
During the past 13 years, Bindal Exports's highest Current Ratio was 5.25. The lowest was 1.44. And the median was 1.69.
BOM:540148's Current Ratio is ranked better than 85.78% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8
vs BOM:540148: 4.33
Bindal Exports (BOM:540148) 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.
Bindal Exports Current Ratio Related Terms
Bindal Exports Current Ratio Historical Data
* Premium members only.
The historical data trend for Bindal Exports'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.
Bindal Exports Current Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Bindal Exports'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.
Bindal Exports Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bindal Exports's Current Ratio distribution charts can be found below:
* The bar in red indicates where Bindal Exports'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.
Bindal Exports (BOM:540148) has a Current Ratio of 4.33 as of Mar. 2026. This is 156% above median its historical median of 1.69. Over the past decade, Bindal Exports' Current Ratio has ranged from 1.44 to 5.25. According to the industry distribution chart, Bindal Exports ranks #152 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.2%.
Is Bindal Exports' Current Ratio too high?
Bindal Exports' current Current Ratio of 4.33 is 156% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 5.25. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Bindal Exports' value of 4.33 is 140.6% above this industry median. Based on the distribution chart, Bindal Exports ranks #152 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Bindal Exports has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bindal Exports' Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bindal Exports ranks #152 out of 1069 companies for Current Ratio. This places Bindal Exports in the top 14% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.80. Bindal Exports' value of 4.33 is 140.6% above this benchmark. Historically, Bindal Exports' own Current Ratio has ranged from 1.44 to 5.25 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.80, Bindal Exports 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,069 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. Bindal Exports's current Current Ratio of 4.33 is 140.6% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bindal Exports's current Current Ratio is 4.33, which is 156% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bindal Exports stock overvalued right now?
Based on GuruFocus' analysis, Bindal Exports (BOM:540148) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.61, compared to a current price of ₹27.80 — trading 34.9% above its estimated fair value. The current Current Ratio is 4.33, which is 156% above median its 10-year median of 1.69 and 140.6% above the Manufacturing - Apparel & Accessories industry median of 1.80. Bindal Exports' overall GF Score™ is 53/100 with 7 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 Bindal Exports (BOM:540148), the current Current Ratio is 4.33 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 Bindal Exports (BOM:540148) Overvalued in 2026?
Based on GuruFocus' analysis, Bindal Exports stock appears to be overvalued.
The current stock price of ₹27.80 is trading 34.9% above its estimated GF Value™ of ₹20.61.
GuruFocus considers Bindal Exports to be Significantly Overvalued.
Key valuation signals for BOM:540148:
Current Ratio: 4.33 (156% above median its 10-year median of 1.69)
GF Value™: ₹20.61 vs. price of ₹27.80 (34.9% above fair value)
Industry Position: 140.6% above the Manufacturing - Apparel & Accessories median (#152 of 1069)
No single metric tells the full story. See the BOM:540148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bindal Exports Ltd is involved in the manufacturing and export of textiles, garments, and made-ups. The company specializes in diverse international styles, varied colors, and specialty finishes, which are tailor-made to customers' requirements. Its fabric portfolio comprises different blends of polyester, rayon, cotton, satin, chiffon, knitted fabric, viscose, etc., which are supplied in domestic and international markets. It derives the majority of its revenue from Fabrics and Fants.
53GF Score
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