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Shine Fashions (India)BOM:543244 +3.88%75 Current Ratio is 1.38 as of Mar. 2026, which is 33% below its 10-year median of 2.07. GuruFocus rates BOM:543244 with a GF Score™ of 75/100 and a GF Value™ of ₹56.44 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Shine Fashions (India) ranks worse than 66.14% 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. Shine Fashions (India)'s current ratio for the quarter that ended in Mar. 2026 was 1.38.
Shine Fashions (India) has a current ratio of 1.38. It generally indicates good short-term financial strength.
The historical rank and industry rank for Shine Fashions (India)'s Current Ratio or its related term are showing as below:
BOM:543244'
s Current Ratio Range Over the Past 10 Years
Min: 1.38 Med: 2.07 Max: 5.42
Current: 1.38
During the past 7 years, Shine Fashions (India)'s highest Current Ratio was 5.42. The lowest was 1.38. And the median was 2.07.
BOM:543244's Current Ratio is ranked worse than 66.14% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.805
vs BOM:543244: 1.38
Shine Fashions (India) (BOM:543244) 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.
Shine Fashions (India) Current Ratio Related Terms
Shine Fashions (India) 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.
Shine Fashions (India) Current Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Shine Fashions (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.
Shine Fashions (India) Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shine Fashions (India)'s Current Ratio distribution charts can be found below:
* The bar in red indicates where Shine Fashions (India)'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.
Shine Fashions (India) (BOM:543244) has a Current Ratio of 1.38 as of Mar. 2026. This is 33% below median its historical median of 2.07. Over the past decade, Shine Fashions (India)'s Current Ratio has ranged from 1.38 to 5.42. According to the industry distribution chart, Shine Fashions (India) ranks #705 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.1%.
Is Shine Fashions (India)'s Current Ratio too high?
Shine Fashions (India)'s current Current Ratio of 1.38 is 33% below median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 5.42. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. Shine Fashions (India)'s value of 1.38 is 23.5% below this industry median. Based on the distribution chart, Shine Fashions (India) ranks #705 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shine Fashions (India) has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shine Fashions (India)'s Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shine Fashions (India) ranks #705 out of 1066 companies for Current Ratio. This places Shine Fashions (India) in the lower half of its industry. The industry median Current Ratio is 1.81. Shine Fashions (India)'s value of 1.38 is 23.5% below this benchmark. Historically, Shine Fashions (India)'s own Current Ratio has ranged from 1.38 to 5.42 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.81, Shine Fashions (India) 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 1.81, based on 1,066 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. Shine Fashions (India)'s current Current Ratio of 1.38 is 23.5% 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 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Fashions (India)'s current Current Ratio is 1.38, which is 33% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Fashions (India) stock overvalued right now?
Based on GuruFocus' analysis, Shine Fashions (India) (BOM:543244) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.44, compared to a current price of ₹21.17 — trading 62.5% below its estimated fair value. The current Current Ratio is 1.38, which is 33% below median its 10-year median of 2.07 and 23.5% below the Manufacturing - Apparel & Accessories industry median of 1.81. Shine Fashions (India)'s overall GF Score™ is 75/100 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 Shine Fashions (India) (BOM:543244), the current Current Ratio is 1.38 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 Shine Fashions (India) (BOM:543244) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Fashions (India) stock appears to be undervalued.
The current stock price of ₹21.17 is trading 62.5% below its estimated GF Value™ of ₹56.44.
GuruFocus considers Shine Fashions (India) to be Possible Value Trap.
Key valuation signals for BOM:543244:
Current Ratio: 1.38 (33% below median its 10-year median of 2.07)
GF Value™: ₹56.44 vs. price of ₹21.17 (62.5% below fair value)
Industry Position: 23.5% below the Manufacturing - Apparel & Accessories median (#705 of 1066)
No single metric tells the full story. See the BOM:543244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Fashions (India) Ltd imports, supplies, and trades non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company's product portfolio includes Hot Web Adhesive; Woven Stretch Interlining; Cap Interlining; Tricot; Non-Woven Interlining; Cotton Fusible Interlining; and Trafetta. It offers products in white, off-white, black, and charcoal.
75GF Score
Get the complete analysis for BOM:543244
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