Harshdeep Hortico (BOM:544105) Current Ratio: 3.31 (As of Mar. 2026) — 22% Below Median

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BOM:544105 Harshdeep Hortico Ltd BOM:544105
20 GF Score
Price ₹81.00
! 2 Warning Signs
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What is Harshdeep Hortico Current Ratio?

Harshdeep Hortico BOM:544105 -2.71% 20 Current Ratio is 3.31 as of Mar. 2026, which is 22% below its 10-year median of 4.23. GuruFocus rates BOM:544105 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 436 Furnishings, Fixtures & Appliances companies, Harshdeep Hortico ranks better than 79.13% 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. Harshdeep Hortico's current ratio for the quarter that ended in Mar. 2026 was 3.31.

Harshdeep Hortico has a current ratio of 3.31. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

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

BOM:544105' s Current Ratio Range Over the Past 10 Years
Min: 1.62   Med: 4.23   Max: 32.6
Current: 3.31

During the past 6 years, Harshdeep Hortico's highest Current Ratio was 32.60. The lowest was 1.62. And the median was 4.23.

BOM:544105's Current Ratio is ranked better than
79.13% of 436 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.88 vs BOM:544105: 3.31

Harshdeep Hortico  (BOM:544105) 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.


Harshdeep Hortico Current Ratio Related Terms


Harshdeep Hortico Current Ratio Historical Data

* Premium members only.

The historical data trend for Harshdeep Hortico'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.

Harshdeep Hortico Current Ratio Chart

Harshdeep Hortico Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.62 32.60 5.14 5.70 3.31

Harshdeep Hortico Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only 5.14 5.53 5.70 3.60 3.31

BOM:544105 vs SN, SGI, MHK: Current Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Harshdeep Hortico'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.


Harshdeep Hortico Current Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Harshdeep Hortico's Current Ratio distribution charts can be found below:

* The bar in red indicates where Harshdeep Hortico's Current Ratio falls into.


BOM:544105
20GF Score
Harshdeep Hortico Ltd BOM:544105
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harshdeep Hortico 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.

Harshdeep Hortico'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 )
=619.772/187.5
=3.31

Harshdeep Hortico'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 )
=619.772/187.5
=3.31

* 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 3.31 mean?
Harshdeep Hortico (BOM:544105) has a Current Ratio of 3.31 as of Mar. 2026. This is 22% below median its historical median of 4.23. Over the past decade, Harshdeep Hortico's Current Ratio has ranged from 1.62 to 32.60. According to the industry distribution chart, Harshdeep Hortico ranks #91 out of 436 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 20.9%.
Is Harshdeep Hortico's Current Ratio too high?
Harshdeep Hortico's current Current Ratio of 3.31 is 22% below median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 32.60. The Furnishings, Fixtures & Appliances industry median Current Ratio is 1.88. Harshdeep Hortico's value of 3.31 is 76.1% above this industry median. Based on the distribution chart, Harshdeep Hortico ranks #91 out of 436 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Harshdeep Hortico has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Harshdeep Hortico's Current Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Harshdeep Hortico ranks #91 out of 436 companies for Current Ratio. This places Harshdeep Hortico in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.88. Harshdeep Hortico's value of 3.31 is 76.1% above this benchmark. Historically, Harshdeep Hortico's own Current Ratio has ranged from 1.62 to 32.60 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 1.88, Harshdeep Hortico 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 a Furnishings, Fixtures & Appliances company?
The median Current Ratio among Furnishings, Fixtures & Appliances companies is 1.88, based on 436 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. Harshdeep Hortico's current Current Ratio of 3.31 is 76.1% 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 Furnishings, Fixtures & Appliances industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harshdeep Hortico's current Current Ratio is 3.31, which is 22% below median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harshdeep Hortico stock overvalued right now?
Harshdeep Hortico (BOM:544105) has a current Current Ratio of 3.31. The current Current Ratio is 3.31, which is 22% below median its 10-year median of 4.23 and 76.1% above the Furnishings, Fixtures & Appliances industry median of 1.88. Harshdeep Hortico's overall GF Score™ is 20/100 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 Harshdeep Hortico (BOM:544105), the current Current Ratio is 3.31 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.

Harshdeep Hortico Business Description

Address Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwandi, Thane, MH, IND, 421302
Harshdeep Hortico Ltd is engaged in the business of designing, developing, manufacturing, and supplying various types of pots and planters: plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco series Planters etc. along with related accessories like Garden Hose Pipe & Water Can and Roto Moulded Outdoor Furniture. Its portfolio comprises of wide array of synthetic planters such as Illuminated planters, Indoor Series, Grower Planter Series, and Eco Series.
20GF Score

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