Maiden Forgings (BOM:543874) Current Ratio: 1.69 (As of Mar. 2026) — 25% Above Median

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BOM:543874 Maiden Forgings Ltd BOM:543874
73 GF Score
Price ₹104.71
GF Value ₹90.96
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Maiden Forgings Current Ratio?

Maiden Forgings BOM:543874 -0.09% 73 Current Ratio is 1.69 as of Mar. 2026, which is 25% above its 10-year median of 1.35. GuruFocus rates BOM:543874 with a GF Score™ of 73/100 and a GF Value™ of ₹90.96 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,080 Industrial Products companies, Maiden Forgings ranks worse than 60.29% 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. Maiden Forgings's current ratio for the quarter that ended in Mar. 2026 was 1.69.

Maiden Forgings has a current ratio of 1.69. It generally indicates good short-term financial strength.

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

BOM:543874' s Current Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.35   Max: 1.82
Current: 1.69

During the past 7 years, Maiden Forgings's highest Current Ratio was 1.82. The lowest was 1.11. And the median was 1.35.

BOM:543874's Current Ratio is ranked worse than
60.29% of 3080 companies
in the Industrial Products industry
Industry Median: 1.96 vs BOM:543874: 1.69

Maiden Forgings  (BOM:543874) 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.


Maiden Forgings Current Ratio Related Terms


Maiden Forgings Current Ratio Historical Data

* Premium members only.

The historical data trend for Maiden Forgings'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.

Maiden Forgings Current Ratio Chart

Maiden Forgings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.22 1.35 1.81 1.82 1.69

Maiden Forgings Semi-Annual Data
Mar20 Mar21 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 1.81 2.11 1.82 2.00 1.69

BOM:543874 vs CRS, ATI, MLI: Current Ratio Comparison

For the Metal Fabrication subindustry, Maiden Forgings'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.


Maiden Forgings Current Ratio vs Industrial Products Industry

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

* The bar in red indicates where Maiden Forgings's Current Ratio falls into.


BOM:543874
73GF Score
Maiden Forgings Ltd BOM:543874
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maiden Forgings 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.

Maiden Forgings'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 )
=1384.188/819.068
=1.69

Maiden Forgings'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 )
=1384.188/819.068
=1.69

* 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 1.69 mean?
Maiden Forgings (BOM:543874) has a Current Ratio of 1.69 as of Mar. 2026. This is 25% above median its historical median of 1.35. Over the past decade, Maiden Forgings' Current Ratio has ranged from 1.11 to 1.82. According to the industry distribution chart, Maiden Forgings ranks #1857 out of 3080 companies in the Industrial Products industry, placing it in the top 60.3%.
Is Maiden Forgings' Current Ratio too high?
Maiden Forgings' current Current Ratio of 1.69 is 25% above median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 1.82. The Industrial Products industry median Current Ratio is 1.96. Maiden Forgings' value of 1.69 is 13.8% below this industry median. Based on the distribution chart, Maiden Forgings ranks #1857 out of 3080 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Maiden Forgings has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maiden Forgings' Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Maiden Forgings ranks #1857 out of 3080 companies for Current Ratio. This places Maiden Forgings in the lower half of its industry. The industry median Current Ratio is 1.96. Maiden Forgings' value of 1.69 is 13.8% below this benchmark. Historically, Maiden Forgings' own Current Ratio has ranged from 1.11 to 1.82 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.96, Maiden Forgings 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,080 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. Maiden Forgings's current Current Ratio of 1.69 is 13.8% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maiden Forgings's current Current Ratio is 1.69, which is 25% above median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maiden Forgings stock overvalued right now?
Based on GuruFocus' analysis, Maiden Forgings (BOM:543874) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹90.96, compared to a current price of ₹104.71 — trading 15.1% above its estimated fair value. The current Current Ratio is 1.69, which is 25% above median its 10-year median of 1.35 and 13.8% below the Industrial Products industry median of 1.96. Maiden Forgings' overall GF Score™ is 73/100 with 6 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 Maiden Forgings (BOM:543874), the current Current Ratio is 1.69 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 Maiden Forgings (BOM:543874) Overvalued in 2026?

Based on GuruFocus' analysis, Maiden Forgings stock appears to be overvalued. The current stock price of ₹104.71 is trading 15.1% above its estimated GF Value™ of ₹90.96. GuruFocus considers Maiden Forgings to be Modestly Overvalued.

Key valuation signals for BOM:543874:

  • Current Ratio: 1.69 (25% above median its 10-year median of 1.35)
  • GF Value™: ₹90.96 vs. price of ₹104.71 (15.1% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 13.8% below the Industrial Products median (#1857 of 3080)

No single metric tells the full story. See the BOM:543874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maiden Forgings Business Description

Address Kavi Nagar Industrial Area, E 201, Ghaziabad, UP, IND, 201002
Maiden Forgings Ltd is engaged in manufacturing and selling ferrous metal products, including steel bright bars, wires, profiles, ground bars, and nails (collated and loose).
73GF Score

Get the complete analysis for BOM:543874

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

₹104.71
Price
₹90.96
GF Value