Elin Electronics (BOM:543725) Current Ratio: 2.44 (As of Mar. 2026) — Near Median


BOM:543725 Elin Electronics Ltd BOM:543725
75 GF Score
Price ₹100.35
GF Value ₹201.94
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Elin Electronics Current Ratio?

Elin Electronics BOM:543725 -1.13% 75 Current Ratio is 2.44 as of Mar. 2026, which is 0% above its 10-year median of 2.43. GuruFocus rates BOM:543725 with a GF Score™ of 75/100 and a GF Value™ of ₹201.94 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 3,070 Industrial Products companies, Elin Electronics ranks better than 63.65% 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. Elin Electronics's current ratio for the quarter that ended in Mar. 2026 was 2.44.

Elin Electronics has a current ratio of 2.44. It generally indicates good short-term financial strength.

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

BOM:543725' s Current Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.43   Max: 2.74
Current: 2.44

During the past 7 years, Elin Electronics's highest Current Ratio was 2.74. The lowest was 1.63. And the median was 2.43.

BOM:543725's Current Ratio is ranked better than
63.65% of 3070 companies
in the Industrial Products industry
Industry Median: 1.97 vs BOM:543725: 2.44

Elin Electronics  (BOM:543725) 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.


Elin Electronics Current Ratio Related Terms


Elin Electronics Current Ratio Historical Data

* Premium members only.

The historical data trend for Elin Electronics'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.

Elin Electronics Current Ratio Chart

Elin Electronics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.74 2.43 2.74 2.61 2.44

Elin Electronics Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only 2.61 0.00 2.23 0.00 2.44

BOM:543725 vs VRT, BE: Current Ratio Comparison

For the Electrical Equipment & Parts subindustry, Elin Electronics'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.


Elin Electronics Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elin Electronics's Current Ratio distribution charts can be found below:

* The bar in red indicates where Elin Electronics's Current Ratio falls into.


BOM:543725
75GF Score
Elin Electronics Ltd BOM:543725
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elin Electronics 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.

Elin Electronics'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 )
=4724.53/1934.19
=2.44

Elin Electronics'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 )
=4724.53/1934.19
=2.44

* 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 2.44 mean?
Elin Electronics (BOM:543725) has a Current Ratio of 2.44 as of Mar. 2026. This is near median its historical median of 2.43. Over the past decade, Elin Electronics' Current Ratio has ranged from 1.63 to 2.74. According to the industry distribution chart, Elin Electronics ranks #1116 out of 3070 companies in the Industrial Products industry, placing it in the top 36.4%.
Is Elin Electronics' Current Ratio too high?
Elin Electronics' current Current Ratio of 2.44 is near median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 2.74. The Industrial Products industry median Current Ratio is 1.97. Elin Electronics' value of 2.44 is 23.9% above this industry median. Based on the distribution chart, Elin Electronics ranks #1116 out of 3070 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Elin Electronics has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elin Electronics' Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Elin Electronics ranks #1116 out of 3070 companies for Current Ratio. This puts Elin Electronics in the upper half of its industry. The industry median Current Ratio is 1.97. Elin Electronics' value of 2.44 is 23.9% above this benchmark. Historically, Elin Electronics' own Current Ratio has ranged from 1.63 to 2.74 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 1.97, Elin Electronics 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.97, based on 3,070 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. Elin Electronics's current Current Ratio of 2.44 is 23.9% 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 Industrial Products industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elin Electronics's current Current Ratio is 2.44, which is near median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elin Electronics stock overvalued right now?
Based on GuruFocus' analysis, Elin Electronics (BOM:543725) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹201.94, compared to a current price of ₹100.35 — trading 50.3% below its estimated fair value. The current Current Ratio is 2.44, which is near median its 10-year median of 2.43 and 23.9% above the Industrial Products industry median of 1.97. Elin Electronics' overall GF Score™ is 75/100 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 Elin Electronics (BOM:543725), the current Current Ratio is 2.44 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 Elin Electronics (BOM:543725) Overvalued in 2026?

Based on GuruFocus' analysis, Elin Electronics stock appears to be undervalued. The current stock price of ₹100.35 is trading 50.3% below its estimated GF Value™ of ₹201.94. GuruFocus considers Elin Electronics to be Significantly Undervalued.

Key valuation signals for BOM:543725:

  • Current Ratio: 2.44 (near median its 10-year median of 2.43)
  • GF Value™: ₹201.94 vs. price of ₹100.35 (50.3% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 23.9% above the Industrial Products median (#1116 of 3070)

No single metric tells the full story. See the BOM:543725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elin Electronics Business Description

Other Exchanges ELIN:India
Address 4771, Bharat Ram Road, 23, Daryaganj, New Delhi, IND, 110002
Elin Electronics Ltd is an electronics manufacturing services provider. It is a manufacturer of end-to-end product solutions for brands of lighting, fans, and small/ kitchen appliances in India. The company's diversified product portfolio includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets; small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener; fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and other miscellaneous products.
75GF Score

Get the complete analysis for BOM:543725

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

₹100.35
Price
₹201.94
GF Value