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.
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.
Ashnisha IndustriesBOM:541702 +4.85%61 Current Ratio is 16.23 as of Mar. 2026, which is 298% above its 10-year median of 4.08. GuruFocus rates BOM:541702 with a GF Score™ of 61/100 and a GF Value™ of ₹2.39 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 634 Steel companies, Ashnisha Industries ranks better than 97% 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. Ashnisha Industries's current ratio for the quarter that ended in Mar. 2026 was 16.23.
Ashnisha Industries has a current ratio of 16.23. 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 Ashnisha Industries's Current Ratio or its related term are showing as below:
BOM:541702'
s Current Ratio Range Over the Past 10 Years
Min: 0.48 Med: 4.08 Max: 16.23
Current: 16.23
During the past 11 years, Ashnisha Industries's highest Current Ratio was 16.23. The lowest was 0.48. And the median was 4.08.
BOM:541702's Current Ratio is ranked better than 97% of 634
companies
in the Steel industry
Industry Median: 1.63
vs BOM:541702: 16.23
Ashnisha Industries (BOM:541702) 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.
Ashnisha Industries Current Ratio Related Terms
Ashnisha Industries Current Ratio Historical Data
* Premium members only.
The historical data trend for Ashnisha 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.
BOM:541702 vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Ashnisha 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.
Ashnisha Industries Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Ashnisha Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ashnisha Industries'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.
Ashnisha Industries (BOM:541702) has a Current Ratio of 16.23 as of Mar. 2026. This is 298% above median its historical median of 4.08. Over the past decade, Ashnisha Industries' Current Ratio has ranged from 0.48 to 16.23. According to the industry distribution chart, Ashnisha Industries ranks #19 out of 634 companies in the Steel industry, placing it in the top 3%.
Is Ashnisha Industries' Current Ratio too high?
Ashnisha Industries' current Current Ratio of 16.23 is 298% above median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 16.23. The Steel industry median Current Ratio is 1.63. Ashnisha Industries' value of 16.23 is 895.7% above this industry median. Based on the distribution chart, Ashnisha Industries ranks #19 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ashnisha Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashnisha Industries' Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ashnisha Industries ranks #19 out of 634 companies for Current Ratio. This places Ashnisha Industries in the top 3% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. Ashnisha Industries' value of 16.23 is 895.7% above this benchmark. Historically, Ashnisha Industries' own Current Ratio has ranged from 0.48 to 16.23 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 1.63, Ashnisha 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. Ashnisha Industries's current Current Ratio of 16.23 is 895.7% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashnisha Industries's current Current Ratio is 16.23, which is 298% above median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashnisha Industries stock overvalued right now?
Based on GuruFocus' analysis, Ashnisha Industries (BOM:541702) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.39, compared to a current price of ₹3.89 — trading 62.8% above its estimated fair value. The current Current Ratio is 16.23, which is 298% above median its 10-year median of 4.08 and 895.7% above the Steel industry median of 1.63. Ashnisha Industries' overall GF Score™ is 61/100 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 Ashnisha Industries (BOM:541702), the current Current Ratio is 16.23 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 Ashnisha Industries (BOM:541702) Overvalued in 2026?
Based on GuruFocus' analysis, Ashnisha Industries stock appears to be overvalued.
The current stock price of ₹3.89 is trading 62.8% above its estimated GF Value™ of ₹2.39.
GuruFocus considers Ashnisha Industries to be Significantly Overvalued.
Key valuation signals for BOM:541702:
Current Ratio: 16.23 (298% above median its 10-year median of 4.08)
GF Value™: ₹2.39 vs. price of ₹3.89 (62.8% above fair value)
Industry Position: 895.7% above the Steel median (#19 of 634)
No single metric tells the full story. See the BOM:541702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashnisha Industries Ltd is engaged in the manufacturing and trading of steel and steel alloys. The Group has four principal operating and reporting segments: Steel, Trading of Goods, and Others. Majority of revenue is from Steel.
61GF Score
Get the complete analysis for BOM:541702
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:541702 has been successfully added to your 
