Oval Projects Engineering (BOM:544498) Current Ratio: 2.01 (As of Mar. 2026) — 39% Above 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:544498 Oval Projects Engineering Ltd BOM:544498
16 GF Score
Price ₹54.00
! 4 Warning Signs
View Full Analysis

What is Oval Projects Engineering Current Ratio?

Oval Projects Engineering BOM:544498 16 Current Ratio is 2.01 as of Mar. 2026, which is 39% above its 10-year median of 1.45. GuruFocus rates BOM:544498 with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 1,793 Construction companies, Oval Projects Engineering ranks better than 66.76% 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. Oval Projects Engineering's current ratio for the quarter that ended in Mar. 2026 was 2.01.

Oval Projects Engineering has a current ratio of 2.01. It generally indicates good short-term financial strength.

The historical rank and industry rank for Oval Projects Engineering's Current Ratio or its related term are showing as below:

BOM:544498' s Current Ratio Range Over the Past 10 Years
Min: 1.27   Med: 1.45   Max: 2.01
Current: 2.01

During the past 4 years, Oval Projects Engineering's highest Current Ratio was 2.01. The lowest was 1.27. And the median was 1.45.

BOM:544498's Current Ratio is ranked better than
66.76% of 1793 companies
in the Construction industry
Industry Median: 1.59 vs BOM:544498: 2.01

Oval Projects Engineering  (BOM:544498) 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.


Oval Projects Engineering Current Ratio Related Terms


Oval Projects Engineering Current Ratio Historical Data

* Premium members only.

The historical data trend for Oval Projects Engineering'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.

Oval Projects Engineering Current Ratio Chart

Oval Projects Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Current Ratio
1.27 1.32 1.58 2.01

Oval Projects Engineering Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Current Ratio 1.27 1.32 1.58 1.84 2.01

BOM:544498 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Oval Projects Engineering'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.


Oval Projects Engineering Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Oval Projects Engineering's Current Ratio distribution charts can be found below:

* The bar in red indicates where Oval Projects Engineering's Current Ratio falls into.


BOM:544498
16GF Score
Oval Projects Engineering Ltd BOM:544498
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oval Projects Engineering 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.

Oval Projects Engineering'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 )
=1685.9/839.7
=2.01

Oval Projects Engineering'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 )
=1685.9/839.7
=2.01

* 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 2.01 mean?
Oval Projects Engineering (BOM:544498) has a Current Ratio of 2.01 as of Mar. 2026. This is 39% above median its historical median of 1.45. Over the past decade, Oval Projects Engineering's Current Ratio has ranged from 1.27 to 2.01. According to the industry distribution chart, Oval Projects Engineering ranks #596 out of 1793 companies in the Construction industry, placing it in the top 33.2%.
Is Oval Projects Engineering's Current Ratio too high?
Oval Projects Engineering's current Current Ratio of 2.01 is 39% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 2.01. The Construction industry median Current Ratio is 1.59. Oval Projects Engineering's value of 2.01 is 26.4% above this industry median. Based on the distribution chart, Oval Projects Engineering ranks #596 out of 1793 companies in the Construction industry, which is above the industry midpoint. Overall, Oval Projects Engineering has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Oval Projects Engineering's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Oval Projects Engineering ranks #596 out of 1793 companies for Current Ratio. This puts Oval Projects Engineering in the upper half of its industry. The industry median Current Ratio is 1.59. Oval Projects Engineering's value of 2.01 is 26.4% above this benchmark. Historically, Oval Projects Engineering's own Current Ratio has ranged from 1.27 to 2.01 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 1.59, Oval Projects Engineering 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. Oval Projects Engineering's current Current Ratio of 2.01 is 26.4% 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. Oval Projects Engineering's current Current Ratio is 2.01, which is 39% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oval Projects Engineering stock overvalued right now?
Oval Projects Engineering (BOM:544498) has a current Current Ratio of 2.01. The current Current Ratio is 2.01, which is 39% above median its 10-year median of 1.45 and 26.4% above the Construction industry median of 1.59. Oval Projects Engineering's overall GF Score™ is 16/100 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 Oval Projects Engineering (BOM:544498), the current Current Ratio is 2.01 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.

Oval Projects Engineering Business Description

Address Milan Chakra, Near Prajapita Brahmakumari Center, House No. 451568, P.O. A.D. Nagar, Badharghat, West Tripura, Agartala, TR, IND, 799003
Oval Projects Engineering Ltd is principally engaged in the execution of Works Contracts, EPC Contracts, Maintenance & other Ancillary services in the Oil & Gas sector. It specializes in delivering turnkey solutions across the Oil & Gas, Urban Development, and Power sectors. It provides a comprehensive range of services, including: Pipeline Engineering & Construction, Turnkey Project Solutions, Infrastructure Development & Maintenance, and RTP, CGD, PNG, & CNG Works. The company derives revenue from the provision of its services, which comprise Works Contract, Canteen Services, Management Services, Skills Development and many more activities.
16GF Score

Get the complete analysis for BOM:544498

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

₹54.00
Price