Novateor Research Laboratories (BOM:542771) Current Ratio: 4.59 (As of Mar. 2026) — 23% Below Median

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BOM:542771 Novateor Research Laboratories Ltd BOM:542771
59 GF Score
Price ₹32.85
GF Value ₹83.64
! 2 Warning Signs
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What is Novateor Research Laboratories Current Ratio?

Novateor Research Laboratories BOM:542771 59 Current Ratio is 4.59 as of Mar. 2026, which is 23% below its 10-year median of 5.94. GuruFocus rates BOM:542771 with a GF Score™ of 59/100 and a GF Value™ of ₹83.64. The stock has 2 warning signs investors should review.

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. Novateor Research Laboratories's current ratio for the quarter that ended in Mar. 2026 was 4.59.

Novateor Research Laboratories has a current ratio of 4.59. 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 Novateor Research Laboratories's Current Ratio or its related term are showing as below:

BOM:542771' s Current Ratio Range Over the Past 10 Years
Min: 1.86   Med: 5.94   Max: 118.53
Current: 4.59

During the past 10 years, Novateor Research Laboratories's highest Current Ratio was 118.53. The lowest was 1.86. And the median was 5.94.

BOM:542771's Current Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 1.73 vs BOM:542771: 4.59

Novateor Research Laboratories  (BOM:542771) 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.


Novateor Research Laboratories Current Ratio Related Terms


Novateor Research Laboratories Current Ratio Historical Data

* Premium members only.

The historical data trend for Novateor Research Laboratories'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.

Novateor Research Laboratories Current Ratio Chart

Novateor Research Laboratories 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 118.53 8.88 6.28 5.60 4.59

Novateor Research Laboratories Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 6.28 8.49 5.60 5.06 4.59

BOM:542771 vs PG, CL, KVUE: Current Ratio Comparison

For the Household & Personal Products subindustry, Novateor Research Laboratories'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.


Novateor Research Laboratories Current Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Novateor Research Laboratories's Current Ratio distribution charts can be found below:

* The bar in red indicates where Novateor Research Laboratories's Current Ratio falls into.


BOM:542771
59GF Score
Novateor Research Laboratories Ltd BOM:542771
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Novateor Research Laboratories 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.

Novateor Research Laboratories'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 )
=109.504/23.869
=4.59

Novateor Research Laboratories'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 )
=109.504/23.869
=4.59

* 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 4.59 mean?
Novateor Research Laboratories (BOM:542771) has a Current Ratio of 4.59 as of Mar. 2026. This is 23% below median its historical median of 5.94. Over the past decade, Novateor Research Laboratories' Current Ratio has ranged from 1.86 to 118.53.
Is Novateor Research Laboratories' Current Ratio too high?
Novateor Research Laboratories' current Current Ratio of 4.59 is 23% below median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 118.53. The Consumer Packaged Goods industry median Current Ratio is 1.73. Novateor Research Laboratories' value of 4.59 is 165.3% above this industry median. Overall, Novateor Research Laboratories has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Novateor Research Laboratories' Current Ratio compare to PG and CL?
Novateor Research Laboratories' Current Ratio of 4.59 can be compared against companies in the Consumer Packaged Goods industry. The industry median Current Ratio is 1.73. Novateor Research Laboratories' value of 4.59 is 165.3% above this benchmark. Historically, Novateor Research Laboratories' own Current Ratio has ranged from 1.86 to 118.53 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 1.73, Novateor Research Laboratories 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 Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,994 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. Novateor Research Laboratories's current Current Ratio of 4.59 is 165.3% 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novateor Research Laboratories's current Current Ratio is 4.59, which is 23% below median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novateor Research Laboratories stock overvalued right now?
Novateor Research Laboratories (BOM:542771) has a current Current Ratio of 4.59. The stock's GF Value™ is ₹83.64, compared to a current price of ₹32.85 — trading 60.7% below its estimated fair value. The current Current Ratio is 4.59, which is 23% below median its 10-year median of 5.94 and 165.3% above the Consumer Packaged Goods industry median of 1.73. Novateor Research Laboratories' overall GF Score™ is 59/100 with 2 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 Novateor Research Laboratories (BOM:542771), the current Current Ratio is 4.59 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 Novateor Research Laboratories (BOM:542771) Overvalued in 2026?

Based on GuruFocus' analysis, Novateor Research Laboratories stock appears to be undervalued. The current stock price of ₹32.85 is trading 60.7% below its estimated GF Value™ of ₹83.64.

Key valuation signals for BOM:542771:

  • Current Ratio: 4.59 (23% below median its 10-year median of 5.94)
  • GF Value™: ₹83.64 vs. price of ₹32.85 (60.7% below fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 165.3% above the Consumer Packaged Goods median

No single metric tells the full story. See the BOM:542771 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Novateor Research Laboratories Business Description

Address Anandnagar Cross Road, 100 Feet Ring Road, 1026, Dev Atelier, Opposite Dev Auram, Prahladnagar, Ahmedabad, GJ, IND, 380015
Novateor Research Laboratories Ltd is a company engaged in the development of novel personal care products that are intended to provide safe, easy, and innovative approaches to the existing traditional personal care solutions. The company's teeth-whitening products are sold under the brand name SmiloShine. The company manufactures three different variants of teeth whitening strips, teeth whitening toothpaste and brush, kids's toothpaste and tongue cleaner, and teeth whitening gel.
59GF Score

Get the complete analysis for BOM:542771

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

₹32.85
Price
₹83.64
GF Value