Parmeshwar Metal (BOM:544330) Current Ratio: 3.36 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544330 Parmeshwar Metal Ltd BOM:544330
44 GF Score
Price ₹194.95
! 4 Warning Signs
View Full Analysis

What is Parmeshwar Metal Current Ratio?

Parmeshwar Metal BOM:544330 +2.61% 44 Current Ratio is 3.36 as of Mar. 2026, which is 1% above its 10-year median of 3.33. GuruFocus rates BOM:544330 with a GF Score™ of 44/100. The stock has 4 warning signs investors should review. Among 3,074 Industrial Products companies, Parmeshwar Metal ranks better than 79.25% 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. Parmeshwar Metal's current ratio for the quarter that ended in Mar. 2026 was 3.36.

Parmeshwar Metal has a current ratio of 3.36. 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 Parmeshwar Metal's Current Ratio or its related term are showing as below:

BOM:544330' s Current Ratio Range Over the Past 10 Years
Min: 2.13   Med: 3.33   Max: 4.47
Current: 3.36

During the past 6 years, Parmeshwar Metal's highest Current Ratio was 4.47. The lowest was 2.13. And the median was 3.33.

BOM:544330's Current Ratio is ranked better than
79.25% of 3074 companies
in the Industrial Products industry
Industry Median: 1.97 vs BOM:544330: 3.36

Parmeshwar Metal  (BOM:544330) 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.


Parmeshwar Metal Current Ratio Related Terms


Parmeshwar Metal Current Ratio Historical Data

* Premium members only.

The historical data trend for Parmeshwar Metal'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.

Parmeshwar Metal Current Ratio Chart

Parmeshwar Metal Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 3.30 3.11 2.13 4.47 3.36

Parmeshwar Metal Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial 2.13 0.00 4.47 3.26 3.36

BOM:544330 vs VRT, BE: Current Ratio Comparison

For the Electrical Equipment & Parts subindustry, Parmeshwar Metal'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.


Parmeshwar Metal Current Ratio vs Industrial Products Industry

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

* The bar in red indicates where Parmeshwar Metal's Current Ratio falls into.


BOM:544330
44GF Score
Parmeshwar Metal Ltd BOM:544330
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parmeshwar Metal 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.

Parmeshwar Metal'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 )
=1229.721/365.726
=3.36

Parmeshwar Metal'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 )
=1229.721/365.726
=3.36

* 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 3.36 mean?
Parmeshwar Metal (BOM:544330) has a Current Ratio of 3.36 as of Mar. 2026. This is near median its historical median of 3.33. Over the past decade, Parmeshwar Metal's Current Ratio has ranged from 2.13 to 4.47. According to the industry distribution chart, Parmeshwar Metal ranks #638 out of 3074 companies in the Industrial Products industry, placing it in the top 20.8%.
Is Parmeshwar Metal's Current Ratio too high?
Parmeshwar Metal's current Current Ratio of 3.36 is near median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 4.47. The Industrial Products industry median Current Ratio is 1.97. Parmeshwar Metal's value of 3.36 is 70.6% above this industry median. Based on the distribution chart, Parmeshwar Metal ranks #638 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Parmeshwar Metal has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Parmeshwar Metal's Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Parmeshwar Metal ranks #638 out of 3074 companies for Current Ratio. This places Parmeshwar Metal in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.97. Parmeshwar Metal's value of 3.36 is 70.6% above this benchmark. Historically, Parmeshwar Metal's own Current Ratio has ranged from 2.13 to 4.47 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 1.97, Parmeshwar Metal 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 Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.97, based on 3,074 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. Parmeshwar Metal's current Current Ratio of 3.36 is 70.6% 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 Industrial Products industry, the median Current Ratio is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parmeshwar Metal's current Current Ratio is 3.36, which is near median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parmeshwar Metal stock overvalued right now?
Parmeshwar Metal (BOM:544330) has a current Current Ratio of 3.36. The current Current Ratio is 3.36, which is near median its 10-year median of 3.33 and 70.6% above the Industrial Products industry median of 1.97. Parmeshwar Metal's overall GF Score™ is 44/100 with 4 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 Parmeshwar Metal (BOM:544330), the current Current Ratio is 3.36 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.

Parmeshwar Metal Business Description

Address E425, east, 4th Floor, Siddharaj Z Square, Opposite the Landmark, Kudasan, Gandhinagar, GJ, IND, 382421
Parmeshwar Metal Ltd is engaged in the business of manufacturing copper wire and copper wire rods by recycling copper scrap. The company manufactures copper wire and copper wire rods that include power cables, building wires, transformers, and automotive industry, household cables, as well as bare and enameled wires. The Company at present is engaged in one segment, which is the manufacturing and trading of copper wire and copper wire rods by recycling of copper scrap and various types of metals, other metallic substances, and other related products.
44GF Score

Get the complete analysis for BOM:544330

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

₹194.95
Price