Promax Power (BOM:543375) Current Ratio: 1.97 (As of Mar. 2026) — 13% Above Median

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BOM:543375 Promax Power Ltd BOM:543375
56 GF Score
Price ₹12.20
GF Value ₹28.95
Valuation Possible Value Trap
! 7 Warning Signs
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What is Promax Power Current Ratio?

Promax Power BOM:543375 56 Current Ratio is 1.97 as of Mar. 2026, which is 13% above its 10-year median of 1.74. GuruFocus rates BOM:543375 with a GF Score™ of 56/100 and a GF Value™ of ₹28.95 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,786 Construction companies, Promax Power ranks better than 65.79% 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. Promax Power's current ratio for the quarter that ended in Mar. 2026 was 1.97.

Promax Power has a current ratio of 1.97. It generally indicates good short-term financial strength.

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

BOM:543375' s Current Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.74   Max: 2.42
Current: 1.97

During the past 6 years, Promax Power's highest Current Ratio was 2.42. The lowest was 1.29. And the median was 1.74.

BOM:543375's Current Ratio is ranked better than
65.79% of 1786 companies
in the Construction industry
Industry Median: 1.58 vs BOM:543375: 1.97

Promax Power  (BOM:543375) 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.


Promax Power Current Ratio Related Terms


Promax Power Current Ratio Historical Data

* Premium members only.

The historical data trend for Promax Power'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.

Promax Power Current Ratio Chart

Promax Power Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.29 2.42 1.69 1.79 1.97

Promax Power Semi-Annual Data
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 1.69 1.53 1.79 1.84 1.97

BOM:543375 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Promax Power'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.


Promax Power Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Promax Power's Current Ratio distribution charts can be found below:

* The bar in red indicates where Promax Power's Current Ratio falls into.


BOM:543375
56GF Score
Promax Power Ltd BOM:543375
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Promax Power 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.

Promax Power'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 )
=611.444/310.897
=1.97

Promax Power'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 )
=611.444/310.897
=1.97

* 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 1.97 mean?
Promax Power (BOM:543375) has a Current Ratio of 1.97 as of Mar. 2026. This is 13% above median its historical median of 1.74. Over the past decade, Promax Power's Current Ratio has ranged from 1.29 to 2.42. According to the industry distribution chart, Promax Power ranks #611 out of 1786 companies in the Construction industry, placing it in the top 34.2%.
Is Promax Power's Current Ratio too high?
Promax Power's current Current Ratio of 1.97 is 13% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 2.42. The Construction industry median Current Ratio is 1.58. Promax Power's value of 1.97 is 24.7% above this industry median. Based on the distribution chart, Promax Power ranks #611 out of 1786 companies in the Construction industry, which is above the industry midpoint. Overall, Promax Power has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Promax Power's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Promax Power ranks #611 out of 1786 companies for Current Ratio. This puts Promax Power in the upper half of its industry. The industry median Current Ratio is 1.58. Promax Power's value of 1.97 is 24.7% above this benchmark. Historically, Promax Power's own Current Ratio has ranged from 1.29 to 2.42 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.58, Promax Power 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,786 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. Promax Power's current Current Ratio of 1.97 is 24.7% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Promax Power's current Current Ratio is 1.97, which is 13% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Promax Power stock overvalued right now?
Based on GuruFocus' analysis, Promax Power (BOM:543375) is currently considered Possible Value Trap. The stock's GF Value™ is ₹28.95, compared to a current price of ₹12.20 — trading 57.9% below its estimated fair value. The current Current Ratio is 1.97, which is 13% above median its 10-year median of 1.74 and 24.7% above the Construction industry median of 1.58. Promax Power's overall GF Score™ is 56/100 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 Promax Power (BOM:543375), the current Current Ratio is 1.97 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 Promax Power (BOM:543375) Overvalued in 2026?

Based on GuruFocus' analysis, Promax Power stock appears to be undervalued. The current stock price of ₹12.20 is trading 57.9% below its estimated GF Value™ of ₹28.95. GuruFocus considers Promax Power to be Possible Value Trap.

Key valuation signals for BOM:543375:

  • Current Ratio: 1.97 (13% above median its 10-year median of 1.74)
  • GF Value™: ₹28.95 vs. price of ₹12.20 (57.9% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 24.7% above the Construction median (#611 of 1786)

No single metric tells the full story. See the BOM:543375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Promax Power Business Description

Address Sector 82, Industrial Area, Plot No 148 A, JLPL, Mohali, PB, IND, 140306
Promax Power Ltd is an engineering company specializing in engineering, procurement, and construction services prominently for the power and infrastructure sectors. Its key activities include electrification projects, power substations, transmission lines, underground cabling, and solar power installations, alongside civil infrastructure and water management projects. The company operates in multiple regions across India, including Punjab and Delhi. Promax Power generates revenue mainly through executing engineering and construction contracts for power distribution, renewable energy projects, and infrastructure development. The company also undertakes high-rise and commercial building construction and pre-engineered building projects for industrial and institutional clients.
56GF Score

Get the complete analysis for BOM:543375

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

₹12.20
Price
₹28.95
GF Value