Goblin India (BOM:542850) Current Ratio: 2.53 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BOM:542850 Goblin India Ltd BOM:542850
67 GF Score
Price ₹8.00
GF Value ₹41.39
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Goblin India Current Ratio?

Goblin India BOM:542850 67 Current Ratio is 2.53 as of Mar. 2026, which is 3% below its 10-year median of 2.61. GuruFocus rates BOM:542850 with a GF Score™ of 67/100 and a GF Value™ of ₹41.39 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Goblin India ranks better than 67.17% 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. Goblin India's current ratio for the quarter that ended in Mar. 2026 was 2.53.

Goblin India has a current ratio of 2.53. It generally indicates good short-term financial strength.

The historical rank and industry rank for Goblin India's Current Ratio or its related term are showing as below:

BOM:542850' s Current Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.61   Max: 4.22
Current: 2.53

During the past 10 years, Goblin India's highest Current Ratio was 4.22. The lowest was 1.21. And the median was 2.61.

BOM:542850's Current Ratio is ranked better than
67.17% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8 vs BOM:542850: 2.53

Goblin India  (BOM:542850) 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.


Goblin India Current Ratio Related Terms


Goblin India Current Ratio Historical Data

* Premium members only.

The historical data trend for Goblin India'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.

Goblin India Current Ratio Chart

Goblin India 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 4.22 3.05 3.89 2.47 2.53

Goblin India Semi-Annual Data
Mar17 Mar18 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 3.89 3.23 2.47 2.92 2.53

BOM:542850 vs NKE, DECK, ONON: Current Ratio Comparison

For the Footwear & Accessories subindustry, Goblin India'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.


Goblin India Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goblin India's Current Ratio distribution charts can be found below:

* The bar in red indicates where Goblin India's Current Ratio falls into.


BOM:542850
67GF Score
Goblin India Ltd BOM:542850
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goblin India 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.

Goblin India'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 )
=843.828/333.273
=2.53

Goblin India'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 )
=843.828/333.273
=2.53

* 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 2.53 mean?
Goblin India (BOM:542850) has a Current Ratio of 2.53 as of Mar. 2026. This is near median its historical median of 2.61. Over the past decade, Goblin India's Current Ratio has ranged from 1.21 to 4.22. According to the industry distribution chart, Goblin India ranks #351 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.8%.
Is Goblin India's Current Ratio too high?
Goblin India's current Current Ratio of 2.53 is near median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 4.22. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Goblin India's value of 2.53 is 40.6% above this industry median. Based on the distribution chart, Goblin India ranks #351 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Goblin India has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goblin India's Current Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Goblin India ranks #351 out of 1069 companies for Current Ratio. This puts Goblin India in the upper half of its industry. The industry median Current Ratio is 1.80. Goblin India's value of 2.53 is 40.6% above this benchmark. Historically, Goblin India's own Current Ratio has ranged from 1.21 to 4.22 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 1.80, Goblin India 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. Goblin India's current Current Ratio of 2.53 is 40.6% 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. Goblin India's current Current Ratio is 2.53, which is near median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goblin India stock overvalued right now?
Based on GuruFocus' analysis, Goblin India (BOM:542850) is currently considered Possible Value Trap. The stock's GF Value™ is ₹41.39, compared to a current price of ₹8.00 — trading 80.7% below its estimated fair value. The current Current Ratio is 2.53, which is near median its 10-year median of 2.61 and 40.6% above the Manufacturing - Apparel & Accessories industry median of 1.80. Goblin India's overall GF Score™ is 67/100 with 4 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 Goblin India (BOM:542850), the current Current Ratio is 2.53 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 Goblin India (BOM:542850) Overvalued in 2026?

Based on GuruFocus' analysis, Goblin India stock appears to be undervalued. The current stock price of ₹8.00 is trading 80.7% below its estimated GF Value™ of ₹41.39. GuruFocus considers Goblin India to be Possible Value Trap.

Key valuation signals for BOM:542850:

  • Current Ratio: 2.53 (near median its 10-year median of 2.61)
  • GF Value™: ₹41.39 vs. price of ₹8.00 (80.7% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 40.6% above the Manufacturing - Apparel & Accessories median (#351 of 1069)

No single metric tells the full story. See the BOM:542850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goblin India Business Description

Address Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009
Goblin India Ltd is engaged in the manufacturing of travel gear solutions. The company offers a variety of Travelling Gears, including Hard Luggage, Soft Luggage, and other accessories like wallets, purses, and travel neck pillows. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories, and corporate gifts. The company's products include office bags, trolley bags, overnight bags, etc.
67GF Score

Get the complete analysis for BOM:542850

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

₹8.00
Price
₹41.39
GF Value