Nova Agritech (BOM:544100) Current Ratio: 2.65 (As of Mar. 2026) — 25% Above Median

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BOM:544100 Nova Agritech Ltd BOM:544100
37 GF Score
Price ₹23.31
! 7 Warning Signs
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What is Nova Agritech Current Ratio?

Nova Agritech BOM:544100 +4.72% 37 Current Ratio is 2.65 as of Mar. 2026, which is 25% above its 10-year median of 2.12. GuruFocus rates BOM:544100 with a GF Score™ of 37/100. The stock has 7 warning signs investors should review. Among 259 Agriculture companies, Nova Agritech ranks better than 76.83% 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. Nova Agritech's current ratio for the quarter that ended in Mar. 2026 was 2.65.

Nova Agritech has a current ratio of 2.65. It generally indicates good short-term financial strength.

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

BOM:544100' s Current Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.12   Max: 2.85
Current: 2.65

During the past 6 years, Nova Agritech's highest Current Ratio was 2.85. The lowest was 1.32. And the median was 2.12.

BOM:544100's Current Ratio is ranked better than
76.83% of 259 companies
in the Agriculture industry
Industry Median: 1.57 vs BOM:544100: 2.65

Nova Agritech  (BOM:544100) 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.


Nova Agritech Current Ratio Related Terms


Nova Agritech Current Ratio Historical Data

* Premium members only.

The historical data trend for Nova Agritech'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.

Nova Agritech Current Ratio Chart

Nova Agritech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.50 1.60 2.85 2.63 2.65

Nova Agritech Quarterly Data
Mar21 Mar22 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 2.63 0.00 2.27 0.00 2.65

BOM:544100 vs CTVA, CF, MOS: Current Ratio Comparison

For the Agricultural Inputs subindustry, Nova Agritech'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.


Nova Agritech Current Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nova Agritech's Current Ratio distribution charts can be found below:

* The bar in red indicates where Nova Agritech's Current Ratio falls into.


BOM:544100
37GF Score
Nova Agritech Ltd BOM:544100
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nova Agritech 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.

Nova Agritech'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 )
=2873.768/1085.847
=2.65

Nova Agritech'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 )
=2873.768/1085.847
=2.65

* 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 2.65 mean?
Nova Agritech (BOM:544100) has a Current Ratio of 2.65 as of Mar. 2026. This is 25% above median its historical median of 2.12. Over the past decade, Nova Agritech's Current Ratio has ranged from 1.32 to 2.85. According to the industry distribution chart, Nova Agritech ranks #60 out of 259 companies in the Agriculture industry, placing it in the top 23.2%.
Is Nova Agritech's Current Ratio too high?
Nova Agritech's current Current Ratio of 2.65 is 25% above median its 10-year median of 2.12. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 2.85. The Agriculture industry median Current Ratio is 1.57. Nova Agritech's value of 2.65 is 68.8% above this industry median. Based on the distribution chart, Nova Agritech ranks #60 out of 259 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Nova Agritech has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Nova Agritech's Current Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Nova Agritech ranks #60 out of 259 companies for Current Ratio. This places Nova Agritech in the top 23% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.57. Nova Agritech's value of 2.65 is 68.8% above this benchmark. Historically, Nova Agritech's own Current Ratio has ranged from 1.32 to 2.85 over the past decade. While the company's 10-year median is 2.12 vs. the industry median of 1.57, Nova Agritech 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 Agriculture company?
The median Current Ratio among Agriculture companies is 1.57, based on 259 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. Nova Agritech's current Current Ratio of 2.65 is 68.8% 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 Agriculture industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Agritech's current Current Ratio is 2.65, which is 25% above median its own 10-year median of 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Agritech stock overvalued right now?
Nova Agritech (BOM:544100) has a current Current Ratio of 2.65. The current Current Ratio is 2.65, which is 25% above median its 10-year median of 2.12 and 68.8% above the Agriculture industry median of 1.57. Nova Agritech's overall GF Score™ is 37/100 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 Nova Agritech (BOM:544100), the current Current Ratio is 2.65 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.

Nova Agritech Business Description

Other Exchanges NOVAAGRI:India
Address Sy.No.251/A/1, Singannaguda Village, Mulugu Mandal, Medak, Siddipet, TG, IND, 502279
Nova Agritech Ltd is an agri-input manufacturer company. It offers soil health management, crop nutrition, and crop protection products focused on tech-based farmer-driven solutions and also offers ecologically sustainable and nutritionally balanced products. It also manufactures, distributes and market a wide range of product categories consisting of (a) soil health management products; (b) crop nutrition products; (c) bio stimulant products (d) bio pesticide products (e) Integrated pest management products; (f) new technologies; and (g) crop protection products.
37GF 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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