Innova Captab (BOM:544067) Current Ratio: 1.87 (As of Mar. 2026) — 30% Above Median

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BOM:544067 Innova Captab Ltd BOM:544067
46 GF Score
Price ₹992.75
! 6 Warning Signs
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What is Innova Captab Current Ratio?

Innova Captab BOM:544067 -0.72% 46 Current Ratio is 1.87 as of Mar. 2026, which is 30% above its 10-year median of 1.44. GuruFocus rates BOM:544067 with a GF Score™ of 46/100. The stock has 6 warning signs investors should review. Among 1,000 Drug Manufacturers companies, Innova Captab ranks worse than 53.7% 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. Innova Captab's current ratio for the quarter that ended in Mar. 2026 was 1.87.

Innova Captab has a current ratio of 1.87. It generally indicates good short-term financial strength.

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

BOM:544067' s Current Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.44   Max: 2.18
Current: 1.87

During the past 8 years, Innova Captab's highest Current Ratio was 2.18. The lowest was 0.79. And the median was 1.44.

BOM:544067's Current Ratio is ranked worse than
53.7% of 1000 companies
in the Drug Manufacturers industry
Industry Median: 2 vs BOM:544067: 1.87

Innova Captab  (BOM:544067) 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.


Innova Captab Current Ratio Related Terms


Innova Captab Current Ratio Historical Data

* Premium members only.

The historical data trend for Innova Captab'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.

Innova Captab Current Ratio Chart

Innova Captab Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.29 1.59 2.18 1.99 1.87

Innova Captab Quarterly Data
Mar19 Mar20 Mar21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only 1.99 0.00 1.97 0.00 1.87

BOM:544067 vs ZTS, UTHR: Current Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Innova Captab'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.


Innova Captab Current Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Innova Captab's Current Ratio distribution charts can be found below:

* The bar in red indicates where Innova Captab's Current Ratio falls into.


BOM:544067
46GF Score
Innova Captab Ltd BOM:544067
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Innova Captab 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.

Innova Captab'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 )
=9229.61/4945.82
=1.87

Innova Captab'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 )
=9229.61/4945.82
=1.87

* 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 1.87 mean?
Innova Captab (BOM:544067) has a Current Ratio of 1.87 as of Mar. 2026. This is 30% above median its historical median of 1.44. Over the past decade, Innova Captab's Current Ratio has ranged from 0.79 to 2.18. According to the industry distribution chart, Innova Captab ranks #537 out of 1000 companies in the Drug Manufacturers industry, placing it in the top 53.7%.
Is Innova Captab's Current Ratio too high?
Innova Captab's current Current Ratio of 1.87 is 30% above median its 10-year median of 1.44. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.18. The Drug Manufacturers industry median Current Ratio is 2.00. Innova Captab's value of 1.87 is 6.5% below this industry median. Based on the distribution chart, Innova Captab ranks #537 out of 1000 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Innova Captab has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Innova Captab's Current Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Innova Captab ranks #537 out of 1000 companies for Current Ratio. This places Innova Captab in the lower half of its industry. The industry median Current Ratio is 2.00. Innova Captab's value of 1.87 is 6.5% below this benchmark. Historically, Innova Captab's own Current Ratio has ranged from 0.79 to 2.18 over the past decade. While the company's 10-year median is 1.44 vs. the industry median of 2.00, Innova Captab 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 Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 2.00, based on 1,000 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. Innova Captab's current Current Ratio of 1.87 is 6.5% 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 Drug Manufacturers industry, the median Current Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innova Captab's current Current Ratio is 1.87, which is 30% above median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innova Captab stock overvalued right now?
Innova Captab (BOM:544067) has a current Current Ratio of 1.87. The current Current Ratio is 1.87, which is 30% above median its 10-year median of 1.44 and 6.5% below the Drug Manufacturers industry median of 2.00. Innova Captab's overall GF Score™ is 46/100 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 Innova Captab (BOM:544067), the current Current Ratio is 1.87 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.

Innova Captab Business Description

Other Exchanges INNOVACAP:India
Address Plot No.320, Industrial Area, Phase-1, Panchkula, HR, IND, 134113
Innova Captab Ltd is engaged in the business of manufacturing and trading of drugs and pharmaceuticals. The Company has identified "Drugs and pharmaceutical products" as single operating segment. The company has presence in India, and Outside India. The company generates majority of revenue from India. The company's products are Cephalosporins, Proton Pump Inhibitor, Antocholinergic and Heparin NSAIDs, Analgesics and Antipyretic, Anticold and Antiallergic, Antiemetic, Antidiabetic, Antispasmodic, Antifibrinolytic, Cardiovascular, Antioxidant and Vitamins, Antihyperuricemia and Antigout, Fluoroquinolone and Macrolide, Nootropics and Neurotonics/ Neurotrophics, Antiulcerative, Antimalarial Anxiolytic, Anticonvulsant and Antipsychotic, Bladder and Prostate Disorder, etc.
46GF Score

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

₹992.75
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