Mittal Sections (BOM:544575) Current Ratio: 1.44 (As of Mar. 2026) — Near Median

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BOM:544575 Mittal Sections Ltd BOM:544575
13 GF Score
Price ₹28.15
! 6 Warning Signs
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What is Mittal Sections Current Ratio?

Mittal Sections BOM:544575 13 Current Ratio is 1.44 as of Mar. 2026, which is 8% above its 10-year median of 1.33. GuruFocus rates BOM:544575 with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 635 Steel companies, Mittal Sections ranks worse than 57.17% 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. Mittal Sections's current ratio for the quarter that ended in Mar. 2026 was 1.44.

Mittal Sections has a current ratio of 1.44. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mittal Sections's Current Ratio or its related term are showing as below:

BOM:544575' s Current Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.33   Max: 1.49
Current: 1.44

During the past 4 years, Mittal Sections's highest Current Ratio was 1.49. The lowest was 1.21. And the median was 1.33.

BOM:544575's Current Ratio is ranked worse than
57.17% of 635 companies
in the Steel industry
Industry Median: 1.63 vs BOM:544575: 1.44

Mittal Sections  (BOM:544575) 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.


Mittal Sections Current Ratio Related Terms


Mittal Sections Current Ratio Historical Data

* Premium members only.

The historical data trend for Mittal Sections'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.

Mittal Sections Current Ratio Chart

Mittal Sections Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Current Ratio
1.21 1.21 1.49 1.44

Mittal Sections Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Current Ratio 1.21 1.21 1.49 1.44

BOM:544575 vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, Mittal Sections'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.


Mittal Sections Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mittal Sections's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mittal Sections's Current Ratio falls into.


BOM:544575
13GF Score
Mittal Sections Ltd BOM:544575
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mittal Sections 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.

Mittal Sections'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 )
=374.365/259.079
=1.44

Mittal Sections'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 )
=374.365/259.079
=1.44

* 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 1.44 mean?
Mittal Sections (BOM:544575) has a Current Ratio of 1.44 as of Mar. 2026. This is near median its historical median of 1.33. Over the past decade, Mittal Sections' Current Ratio has ranged from 1.21 to 1.49. According to the industry distribution chart, Mittal Sections ranks #363 out of 635 companies in the Steel industry, placing it in the top 57.2%.
Is Mittal Sections' Current Ratio too high?
Mittal Sections' current Current Ratio of 1.44 is near median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 1.49. The Steel industry median Current Ratio is 1.63. Mittal Sections' value of 1.44 is 11.7% below this industry median. Based on the distribution chart, Mittal Sections ranks #363 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, Mittal Sections has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Mittal Sections' Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mittal Sections ranks #363 out of 635 companies for Current Ratio. This places Mittal Sections in the lower half of its industry. The industry median Current Ratio is 1.63. Mittal Sections' value of 1.44 is 11.7% below this benchmark. Historically, Mittal Sections' own Current Ratio has ranged from 1.21 to 1.49 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.63, Mittal Sections 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 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. Mittal Sections's current Current Ratio of 1.44 is 11.7% 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 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. Mittal Sections's current Current Ratio is 1.44, which is near median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Sections stock overvalued right now?
Mittal Sections (BOM:544575) has a current Current Ratio of 1.44. The current Current Ratio is 1.44, which is near median its 10-year median of 1.33 and 11.7% below the Steel industry median of 1.63. Mittal Sections' overall GF Score™ is 13/100 with 6 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 Mittal Sections (BOM:544575), the current Current Ratio is 1.44 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.

Mittal Sections Business Description

Address C.G. Road, 01, Sona Roopa Apartment, Opposite Lal Bunglow, Navrangpura, Ahmedabad, GJ, IND, 380009
Mittal Sections Ltd is engaged in the manufacturing and sale of structural steel products. The Company's operations include the manufacturing of steel products and the wholesale trade of metals and metal ores. Its products are mainly sold in the local market.
13GF Score

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