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Nivaka FashionsBOM:542206 -5.00%27 Current Ratio is 0.47 as of Mar. 2026, which is 60% below its 10-year median of 1.17. GuruFocus rates BOM:542206 with a GF Score™ of 27/100 and a GF Value™ of ₹0.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Nivaka Fashions ranks worse than 94.95% 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. Nivaka Fashions's current ratio for the quarter that ended in Mar. 2026 was 0.47.
Nivaka Fashions has a current ratio of 0.47. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Nivaka Fashions has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Nivaka Fashions's Current Ratio or its related term are showing as below:
BOM:542206'
s Current Ratio Range Over the Past 10 Years
Min: 0.47 Med: 1.17 Max: 4.46
Current: 0.47
During the past 13 years, Nivaka Fashions's highest Current Ratio was 4.46. The lowest was 0.47. And the median was 1.17.
BOM:542206's Current Ratio is ranked worse than 94.95% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8
vs BOM:542206: 0.47
Nivaka Fashions (BOM:542206) 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.
Nivaka Fashions Current Ratio Related Terms
Nivaka Fashions Current Ratio Historical Data
* Premium members only.
The historical data trend for Nivaka Fashions'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:542206 vs RL, LEVI, VFC: Current Ratio Comparison
For the Apparel Manufacturing subindustry, Nivaka Fashions'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.
Nivaka Fashions Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nivaka Fashions's Current Ratio distribution charts can be found below:
* The bar in red indicates where Nivaka Fashions'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.
Nivaka Fashions (BOM:542206) has a Current Ratio of 0.47 as of Mar. 2026. This is 60% below median its historical median of 1.17. Over the past decade, Nivaka Fashions' Current Ratio has ranged from 0.47 to 4.46. According to the industry distribution chart, Nivaka Fashions ranks #1015 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.9%.
Is Nivaka Fashions' Current Ratio too high?
Nivaka Fashions' current Current Ratio of 0.47 is 60% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 4.46. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Nivaka Fashions' value of 0.47 is 73.9% below this industry median. Based on the distribution chart, Nivaka Fashions ranks #1015 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Nivaka Fashions has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nivaka Fashions' Current Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nivaka Fashions ranks #1015 out of 1069 companies for Current Ratio. This places Nivaka Fashions in the lower half of its industry. The industry median Current Ratio is 1.80. Nivaka Fashions' value of 0.47 is 73.9% below this benchmark. Historically, Nivaka Fashions' own Current Ratio has ranged from 0.47 to 4.46 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.80, Nivaka Fashions 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 1,069 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. Nivaka Fashions's current Current Ratio of 0.47 is 73.9% 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. Nivaka Fashions's current Current Ratio is 0.47, which is 60% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nivaka Fashions stock overvalued right now?
Based on GuruFocus' analysis, Nivaka Fashions (BOM:542206) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.05, compared to a current price of ₹0.57 — trading 1040% above its estimated fair value. The current Current Ratio is 0.47, which is 60% below median its 10-year median of 1.17 and 73.9% below the Manufacturing - Apparel & Accessories industry median of 1.80. Nivaka Fashions' overall GF Score™ is 27/100 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 Nivaka Fashions (BOM:542206), the current Current Ratio is 0.47 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 Nivaka Fashions (BOM:542206) Overvalued in 2026?
Based on GuruFocus' analysis, Nivaka Fashions stock appears to be overvalued.
The current stock price of ₹0.57 is trading 1040% above its estimated GF Value™ of ₹0.05.
GuruFocus considers Nivaka Fashions to be Significantly Overvalued.
Key valuation signals for BOM:542206:
Current Ratio: 0.47 (60% below median its 10-year median of 1.17)
GF Value™: ₹0.05 vs. price of ₹0.57 (1040% above fair value)
Industry Position: 73.9% below the Manufacturing - Apparel & Accessories median (#1015 of 1069)
No single metric tells the full story. See the BOM:542206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nivaka Fashions Ltd is an Indian company engaged in retailing Indian ethnic wear through omni channels like offline retail stores and online e-commerce websites. The company owns the brand 'Ninecolours'. The company manufactures certain products in its own brand in the name of 'Ninecolours West', 'Nine colours Quirk' and 'Ninecolours Luxe'. The company offers products like sarees, lehengas, kurtis, suits and gowns for women; kurtas, sherwanis, jackets and kurta pyjamas for men and ethnic wear collections for children. The company also offers a range of jewellery and Home decors products like Bed sheets, Table tops, Wall art and Dewan sets. The company generates the majority of its revenue from the sale of products.
27GF Score
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