MPK Steels (I) (BOM:544553) Current Ratio: 1.80 (As of Mar. 2026) — Near Median

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BOM:544553 MPK Steels (I) Ltd BOM:544553
15 GF Score
Price ₹103.00
! 3 Warning Signs
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What is MPK Steels (I) Current Ratio?

MPK Steels (I) BOM:544553 -1.01% 15 Current Ratio is 1.80 as of Mar. 2026, which is 5% above its 10-year median of 1.71. GuruFocus rates BOM:544553 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 635 Steel companies, MPK Steels (I) ranks better than 55.59% 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. MPK Steels (I)'s current ratio for the quarter that ended in Mar. 2026 was 1.80.

MPK Steels (I) has a current ratio of 1.80. It generally indicates good short-term financial strength.

The historical rank and industry rank for MPK Steels (I)'s Current Ratio or its related term are showing as below:

BOM:544553' s Current Ratio Range Over the Past 10 Years
Min: 1.5   Med: 1.71   Max: 2.12
Current: 1.8

During the past 4 years, MPK Steels (I)'s highest Current Ratio was 2.12. The lowest was 1.50. And the median was 1.71.

BOM:544553's Current Ratio is ranked better than
55.59% of 635 companies
in the Steel industry
Industry Median: 1.63 vs BOM:544553: 1.80

MPK Steels (I)  (BOM:544553) 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.


MPK Steels (I) Current Ratio Related Terms


MPK Steels (I) Current Ratio Historical Data

* Premium members only.

The historical data trend for MPK Steels (I)'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.

MPK Steels (I) Current Ratio Chart

MPK Steels (I) Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Current Ratio
1.50 1.62 2.12 1.80

MPK Steels (I) Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Current Ratio 1.50 1.62 2.12 1.80

BOM:544553 vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, MPK Steels (I)'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.


MPK Steels (I) Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, MPK Steels (I)'s Current Ratio distribution charts can be found below:

* The bar in red indicates where MPK Steels (I)'s Current Ratio falls into.


BOM:544553
15GF Score
MPK Steels (I) Ltd BOM:544553
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MPK Steels (I) 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.

MPK Steels (I)'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 )
=1017.304/564.775
=1.80

MPK Steels (I)'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 )
=1017.304/564.775
=1.80

* 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 1.80 mean?
MPK Steels (I) (BOM:544553) has a Current Ratio of 1.80 as of Mar. 2026. This is near median its historical median of 1.71. Over the past decade, MPK Steels (I)'s Current Ratio has ranged from 1.50 to 2.12. According to the industry distribution chart, MPK Steels (I) ranks #282 out of 635 companies in the Steel industry, placing it in the top 44.4%.
Is MPK Steels (I)'s Current Ratio too high?
MPK Steels (I)'s current Current Ratio of 1.80 is near median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 2.12. The Steel industry median Current Ratio is 1.63. MPK Steels (I)'s value of 1.80 is 10.4% above this industry median. Based on the distribution chart, MPK Steels (I) ranks #282 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, MPK Steels (I) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does MPK Steels (I)'s Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, MPK Steels (I) ranks #282 out of 635 companies for Current Ratio. This puts MPK Steels (I) in the upper half of its industry. The industry median Current Ratio is 1.63. MPK Steels (I)'s value of 1.80 is 10.4% above this benchmark. Historically, MPK Steels (I)'s own Current Ratio has ranged from 1.50 to 2.12 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.63, MPK Steels (I) 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 635 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. MPK Steels (I)'s current Current Ratio of 1.80 is 10.4% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPK Steels (I)'s current Current Ratio is 1.80, which is near median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPK Steels (I) stock overvalued right now?
MPK Steels (I) (BOM:544553) has a current Current Ratio of 1.80. The current Current Ratio is 1.80, which is near median its 10-year median of 1.71 and 10.4% above the Steel industry median of 1.63. MPK Steels (I)'s overall GF Score™ is 15/100 with 3 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 MPK Steels (I) (BOM:544553), the current Current Ratio is 1.80 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.

MPK Steels (I) Business Description

Address A - 195, RIICO Industrial Area Extension, Phase 2 Bagru, Jaipur, RJ, IND, 303007
MPK Steels (I) Ltd is a manufacturer of general-purpose structural steel products, specializing in providing high-quality solutions for a wide range of industries such as Railways, Telecom Industries, State Electricity Boards, Power & Energy Industries, Automotive Industry, Offshore Structures, Construction Industries, Fabrication Industries, Auto Body Builders, Infrastructural Development Authorities. The company is well-equipped to manufacture and trade a wide range of structural steel products, including M.S. Channel, M.S. Joist/Beam, M.S. Angle, M.S. Square Bar, M.S. Round Bar, and M.S. Flat where M.S. Channels generate the majority of its revenue and play a pivotal role in driving the success of its business.
15GF 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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