Gandhar Oil Refinery (India) (BOM:544029) Current Ratio: 2.61 (As of Mar. 2026) — 26% Above Median

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BOM:544029 Gandhar Oil Refinery (India) Ltd BOM:544029
39 GF Score
Price ₹207.80
! 7 Warning Signs
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What is Gandhar Oil Refinery (India) Current Ratio?

Gandhar Oil Refinery (India) BOM:544029 -1.42% 39 Current Ratio is 2.61 as of Mar. 2026, which is 26% above its 10-year median of 2.07. GuruFocus rates BOM:544029 with a GF Score™ of 39/100. The stock has 7 warning signs investors should review. Among 1,015 Oil & Gas companies, Gandhar Oil Refinery (India) ranks better than 76.85% 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. Gandhar Oil Refinery (India)'s current ratio for the quarter that ended in Mar. 2026 was 2.61.

Gandhar Oil Refinery (India) has a current ratio of 2.61. It generally indicates good short-term financial strength.

The historical rank and industry rank for Gandhar Oil Refinery (India)'s Current Ratio or its related term are showing as below:

BOM:544029' s Current Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.07   Max: 2.91
Current: 2.61

During the past 6 years, Gandhar Oil Refinery (India)'s highest Current Ratio was 2.91. The lowest was 1.37. And the median was 2.07.

BOM:544029's Current Ratio is ranked better than
76.85% of 1015 companies
in the Oil & Gas industry
Industry Median: 1.35 vs BOM:544029: 2.61

Gandhar Oil Refinery (India)  (BOM:544029) 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.


Gandhar Oil Refinery (India) Current Ratio Related Terms


Gandhar Oil Refinery (India) Current Ratio Historical Data

* Premium members only.

The historical data trend for Gandhar Oil Refinery (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.

Gandhar Oil Refinery (India) Current Ratio Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.53 1.61 2.52 2.91 2.61

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 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 2.91 0.00 2.48 0.00 2.61

BOM:544029 vs VLO, MPC, PSX: Current Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (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.


Gandhar Oil Refinery (India) Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s Current Ratio distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s Current Ratio falls into.


BOM:544029
39GF Score
Gandhar Oil Refinery (India) Ltd BOM:544029
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gandhar Oil Refinery (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.

Gandhar Oil Refinery (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 )
=16730.4/6406.4
=2.61

Gandhar Oil Refinery (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 )
=16730.4/6406.4
=2.61

* 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 2.61 mean?
Gandhar Oil Refinery (India) (BOM:544029) has a Current Ratio of 2.61 as of Mar. 2026. This is 26% above median its historical median of 2.07. Over the past decade, Gandhar Oil Refinery (India)'s Current Ratio has ranged from 1.37 to 2.91. According to the industry distribution chart, Gandhar Oil Refinery (India) ranks #235 out of 1015 companies in the Oil & Gas industry, placing it in the top 23.2%.
Is Gandhar Oil Refinery (India)'s Current Ratio too high?
Gandhar Oil Refinery (India)'s current Current Ratio of 2.61 is 26% above median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 2.91. The Oil & Gas industry median Current Ratio is 1.35. Gandhar Oil Refinery (India)'s value of 2.61 is 93.3% above this industry median. Based on the distribution chart, Gandhar Oil Refinery (India) ranks #235 out of 1015 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Gandhar Oil Refinery (India) has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Gandhar Oil Refinery (India)'s Current Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Gandhar Oil Refinery (India) ranks #235 out of 1015 companies for Current Ratio. This places Gandhar Oil Refinery (India) in the top 23% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.35. Gandhar Oil Refinery (India)'s value of 2.61 is 93.3% above this benchmark. Historically, Gandhar Oil Refinery (India)'s own Current Ratio has ranged from 1.37 to 2.91 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.35, Gandhar Oil Refinery (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 an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,015 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. Gandhar Oil Refinery (India)'s current Current Ratio of 2.61 is 93.3% 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 Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gandhar Oil Refinery (India)'s current Current Ratio is 2.61, which is 26% above 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 Gandhar Oil Refinery (India) stock overvalued right now?
Gandhar Oil Refinery (India) (BOM:544029) has a current Current Ratio of 2.61. The current Current Ratio is 2.61, which is 26% above median its 10-year median of 2.07 and 93.3% above the Oil & Gas industry median of 1.35. Gandhar Oil Refinery (India)'s overall GF Score™ is 39/100 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 Gandhar Oil Refinery (India) (BOM:544029), the current Current Ratio is 2.61 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.

Gandhar Oil Refinery (India) Business Description

Industry EnergyOil & Gas
Other Exchanges GANDHAR:India
Address S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400062
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment: petroleum products - specialty oils. The geographical segments include the Domestic Market and Overseas Markets.
39GF Score

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

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