Malpani Pipes And Fittings (BOM:544351) Current Ratio: 1.77 (As of Mar. 2026) — 35% Above Median

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BOM:544351 Malpani Pipes And Fittings Ltd BOM:544351
16 GF Score
Price ₹67.00
! 5 Warning Signs
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What is Malpani Pipes And Fittings Current Ratio?

Malpani Pipes And Fittings BOM:544351 16 Current Ratio is 1.77 as of Mar. 2026, which is 35% above its 10-year median of 1.31. GuruFocus rates BOM:544351 with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,608 Chemicals companies, Malpani Pipes And Fittings ranks worse than 54.04% 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. Malpani Pipes And Fittings's current ratio for the quarter that ended in Mar. 2026 was 1.77.

Malpani Pipes And Fittings has a current ratio of 1.77. It generally indicates good short-term financial strength.

The historical rank and industry rank for Malpani Pipes And Fittings's Current Ratio or its related term are showing as below:

BOM:544351' s Current Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.31   Max: 1.77
Current: 1.77

During the past 5 years, Malpani Pipes And Fittings's highest Current Ratio was 1.77. The lowest was 1.20. And the median was 1.31.

BOM:544351's Current Ratio is ranked worse than
54.04% of 1608 companies
in the Chemicals industry
Industry Median: 1.88 vs BOM:544351: 1.77

Malpani Pipes And Fittings  (BOM:544351) 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.


Malpani Pipes And Fittings Current Ratio Related Terms


Malpani Pipes And Fittings Current Ratio Historical Data

* Premium members only.

The historical data trend for Malpani Pipes And Fittings'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.

Malpani Pipes And Fittings Current Ratio Chart

Malpani Pipes And Fittings Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
1.20 1.22 1.31 1.67 1.77

Malpani Pipes And Fittings Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial 1.31 0.00 1.67 1.91 1.77

BOM:544351 vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Malpani Pipes And Fittings'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.


Malpani Pipes And Fittings Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Malpani Pipes And Fittings's Current Ratio distribution charts can be found below:

* The bar in red indicates where Malpani Pipes And Fittings's Current Ratio falls into.


BOM:544351
16GF Score
Malpani Pipes And Fittings Ltd BOM:544351
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Malpani Pipes And Fittings 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.

Malpani Pipes And Fittings'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 )
=986.12/557.861
=1.77

Malpani Pipes And Fittings'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 )
=986.12/557.861
=1.77

* 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 1.77 mean?
Malpani Pipes And Fittings (BOM:544351) has a Current Ratio of 1.77 as of Mar. 2026. This is 35% above median its historical median of 1.31. Over the past decade, Malpani Pipes And Fittings' Current Ratio has ranged from 1.20 to 1.77. According to the industry distribution chart, Malpani Pipes And Fittings ranks #869 out of 1608 companies in the Chemicals industry, placing it in the top 54%.
Is Malpani Pipes And Fittings' Current Ratio too high?
Malpani Pipes And Fittings' current Current Ratio of 1.77 is 35% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 1.77. The Chemicals industry median Current Ratio is 1.88. Malpani Pipes And Fittings' value of 1.77 is 5.9% below this industry median. Based on the distribution chart, Malpani Pipes And Fittings ranks #869 out of 1608 companies in the Chemicals industry, which is below the industry midpoint. Overall, Malpani Pipes And Fittings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Malpani Pipes And Fittings' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Malpani Pipes And Fittings ranks #869 out of 1608 companies for Current Ratio. This places Malpani Pipes And Fittings in the lower half of its industry. The industry median Current Ratio is 1.88. Malpani Pipes And Fittings' value of 1.77 is 5.9% below this benchmark. Historically, Malpani Pipes And Fittings' own Current Ratio has ranged from 1.20 to 1.77 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.88, Malpani Pipes And Fittings 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.88, based on 1,608 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. Malpani Pipes And Fittings's current Current Ratio of 1.77 is 5.9% 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 Chemicals 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. Malpani Pipes And Fittings's current Current Ratio is 1.77, which is 35% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malpani Pipes And Fittings stock overvalued right now?
Malpani Pipes And Fittings (BOM:544351) has a current Current Ratio of 1.77. The current Current Ratio is 1.77, which is 35% above median its 10-year median of 1.31 and 5.9% below the Chemicals industry median of 1.88. Malpani Pipes And Fittings' overall GF Score™ is 16/100 with 5 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 Malpani Pipes And Fittings (BOM:544351), the current Current Ratio is 1.77 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.

Malpani Pipes And Fittings Business Description

Address Sector B Industrial Area, 65-A, Ratlam, MP, IND, 457001
Malpani Pipes And Fittings Ltd manufactures a range of high-grade plastic pipes. Its products include High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under the brand name. The company is also engaged in the trading of granules and PVC pipes, as well as the sale of services. It distributes its products to both wholesalers and retailers. Additionally, the company supplies pipes for government projects through authorized contractors involved in local, state or federal development schemes. Also, It supplies pipes to farmers in terms of farmer welfare policies launched by the Central or State Government.
16GF Score

Get the complete analysis for BOM:544351

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

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