H M Electro Mech (BOM:544349) Current Ratio: 2.15 (As of Mar. 2026) — 38% Above Median

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BOM:544349 H M Electro Mech Ltd BOM:544349
48 GF Score
Price ₹53.00
! 7 Warning Signs
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What is H M Electro Mech Current Ratio?

H M Electro Mech BOM:544349 +3.90% 48 Current Ratio is 2.15 as of Mar. 2026, which is 38% above its 10-year median of 1.56. GuruFocus rates BOM:544349 with a GF Score™ of 48/100. The stock has 7 warning signs investors should review. Among 1,793 Construction companies, H M Electro Mech ranks better than 70.83% 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. H M Electro Mech's current ratio for the quarter that ended in Mar. 2026 was 2.15.

H M Electro Mech has a current ratio of 2.15. It generally indicates good short-term financial strength.

The historical rank and industry rank for H M Electro Mech's Current Ratio or its related term are showing as below:

BOM:544349' s Current Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.56   Max: 2.47
Current: 2.15

During the past 6 years, H M Electro Mech's highest Current Ratio was 2.47. The lowest was 1.35. And the median was 1.56.

BOM:544349's Current Ratio is ranked better than
70.83% of 1793 companies
in the Construction industry
Industry Median: 1.59 vs BOM:544349: 2.15

H M Electro Mech  (BOM:544349) 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.


H M Electro Mech Current Ratio Related Terms


H M Electro Mech Current Ratio Historical Data

* Premium members only.

The historical data trend for H M Electro Mech'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.

H M Electro Mech Current Ratio Chart

H M Electro Mech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.35 1.49 1.51 2.47 2.15

H M Electro Mech Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial 1.51 1.48 2.47 2.89 2.15

BOM:544349 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, H M Electro Mech'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.


H M Electro Mech Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, H M Electro Mech's Current Ratio distribution charts can be found below:

* The bar in red indicates where H M Electro Mech's Current Ratio falls into.


BOM:544349
48GF Score
H M Electro Mech Ltd BOM:544349
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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H M Electro Mech 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.

H M Electro Mech'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 )
=1039.484/482.709
=2.15

H M Electro Mech'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 )
=1039.484/482.709
=2.15

* 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 2.15 mean?
H M Electro Mech (BOM:544349) has a Current Ratio of 2.15 as of Mar. 2026. This is 38% above median its historical median of 1.56. Over the past decade, H M Electro Mech's Current Ratio has ranged from 1.35 to 2.47. According to the industry distribution chart, H M Electro Mech ranks #523 out of 1793 companies in the Construction industry, placing it in the top 29.2%.
Is H M Electro Mech's Current Ratio too high?
H M Electro Mech's current Current Ratio of 2.15 is 38% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 2.47. The Construction industry median Current Ratio is 1.59. H M Electro Mech's value of 2.15 is 35.2% above this industry median. Based on the distribution chart, H M Electro Mech ranks #523 out of 1793 companies in the Construction industry, which is above the industry midpoint. Overall, H M Electro Mech has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does H M Electro Mech's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, H M Electro Mech ranks #523 out of 1793 companies for Current Ratio. This puts H M Electro Mech in the upper half of its industry. The industry median Current Ratio is 1.59. H M Electro Mech's value of 2.15 is 35.2% above this benchmark. Historically, H M Electro Mech's own Current Ratio has ranged from 1.35 to 2.47 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.59, H M Electro Mech 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 Construction company?
The median Current Ratio among Construction companies is 1.59, based on 1,793 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. H M Electro Mech's current Current Ratio of 2.15 is 35.2% 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 Construction industry, the median Current Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H M Electro Mech's current Current Ratio is 2.15, which is 38% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H M Electro Mech stock overvalued right now?
H M Electro Mech (BOM:544349) has a current Current Ratio of 2.15. The current Current Ratio is 2.15, which is 38% above median its 10-year median of 1.56 and 35.2% above the Construction industry median of 1.59. H M Electro Mech's overall GF Score™ is 48/100 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 H M Electro Mech (BOM:544349), the current Current Ratio is 2.15 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.

H M Electro Mech Business Description

Address 305, Ashram Avenue, Behind Kochrab Ashram, Paldi, Ahmedabad, GJ, IND, 380006
H M Electro Mech Ltd is an infrastructure company in the field of all types of project work of pumping machinery for water and waste water, electrification projects of central. It is diversified in the field of electrification projects with Indian railways, Nationalized Banks and Municipal Corporations. The company is also engaged in sale of products which includes Pump, Pipes, Transformer, Motor and Other Electronic Accessories.
48GF 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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