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Parmeshwari Silk MillsBOM:540467 -4.99%38 Current Ratio is 1.36 as of Mar. 2026, which is at its 10-year median of 1.36. GuruFocus rates BOM:540467 with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Parmeshwari Silk Mills ranks worse than 67.39% 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. Parmeshwari Silk Mills's current ratio for the quarter that ended in Mar. 2026 was 1.36.
Parmeshwari Silk Mills has a current ratio of 1.36. It generally indicates good short-term financial strength.
The historical rank and industry rank for Parmeshwari Silk Mills's Current Ratio or its related term are showing as below:
BOM:540467'
s Current Ratio Range Over the Past 10 Years
Min: 1.18 Med: 1.36 Max: 1.6
Current: 1.36
During the past 13 years, Parmeshwari Silk Mills's highest Current Ratio was 1.60. The lowest was 1.18. And the median was 1.36.
BOM:540467's Current Ratio is ranked worse than 67.39% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8
vs BOM:540467: 1.36
Parmeshwari Silk Mills (BOM:540467) 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.
Parmeshwari Silk Mills Current Ratio Related Terms
Parmeshwari Silk Mills Current Ratio Historical Data
* 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.
Parmeshwari Silk Mills Current Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Parmeshwari Silk Mills'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.
Parmeshwari Silk Mills Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Parmeshwari Silk Mills's Current Ratio distribution charts can be found below:
* The bar in red indicates where Parmeshwari Silk Mills'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.
Parmeshwari Silk Mills (BOM:540467) has a Current Ratio of 1.36 as of Mar. 2026. This is near median its historical median of 1.36. Over the past decade, Parmeshwari Silk Mills' Current Ratio has ranged from 1.18 to 1.60. According to the industry distribution chart, Parmeshwari Silk Mills ranks #719 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 67.4%.
Is Parmeshwari Silk Mills' Current Ratio too high?
Parmeshwari Silk Mills' current Current Ratio of 1.36 is near median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 1.60. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Parmeshwari Silk Mills' value of 1.36 is 24.4% below this industry median. Based on the distribution chart, Parmeshwari Silk Mills ranks #719 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Parmeshwari Silk Mills has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Parmeshwari Silk Mills' Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Parmeshwari Silk Mills ranks #719 out of 1067 companies for Current Ratio. This places Parmeshwari Silk Mills in the lower half of its industry. The industry median Current Ratio is 1.80. Parmeshwari Silk Mills' value of 1.36 is 24.4% below this benchmark. Historically, Parmeshwari Silk Mills' own Current Ratio has ranged from 1.18 to 1.60 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.80, Parmeshwari Silk Mills 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,067 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. Parmeshwari Silk Mills's current Current Ratio of 1.36 is 24.4% 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 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. Parmeshwari Silk Mills's current Current Ratio is 1.36, which is near median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parmeshwari Silk Mills stock overvalued right now?
Parmeshwari Silk Mills (BOM:540467) has a current Current Ratio of 1.36. The current Current Ratio is 1.36, which is near median its 10-year median of 1.36 and 24.4% below the Manufacturing - Apparel & Accessories industry median of 1.80. Parmeshwari Silk Mills' overall GF Score™ is 38/100 with 5 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 Parmeshwari Silk Mills (BOM:540467), the current Current Ratio is 1.36 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.
Parmeshwari Silk Mills Ltd is a textile manufacturing company. The company operates only in one business segment, which is woven cloth. It designs, manufactures, and supplies suiting fabric, shirting fabric, and other fabrics.
38GF Score
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