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Narmadesh Brass IndustriesBOM:544680 14 Current Ratio is 3.13 as of Mar. 2026, which is 165% above its 10-year median of 1.18. GuruFocus rates BOM:544680 with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 3,078 Industrial Products companies, Narmadesh Brass Industries ranks better than 76.32% 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. Narmadesh Brass Industries's current ratio for the quarter that ended in Mar. 2026 was 3.13.
Narmadesh Brass Industries has a current ratio of 3.13. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Narmadesh Brass Industries's Current Ratio or its related term are showing as below:
BOM:544680'
s Current Ratio Range Over the Past 10 Years
Min: 1.15 Med: 1.18 Max: 3.13
Current: 3.13
During the past 4 years, Narmadesh Brass Industries's highest Current Ratio was 3.13. The lowest was 1.15. And the median was 1.18.
BOM:544680's Current Ratio is ranked better than 76.32% of 3078
companies
in the Industrial Products industry
Industry Median: 1.96
vs BOM:544680: 3.13
Narmadesh Brass Industries (BOM:544680) 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.
Narmadesh Brass Industries Current Ratio Related Terms
Narmadesh Brass Industries Current Ratio Historical Data
* 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.
Narmadesh Brass Industries Current Ratio Chart
Narmadesh Brass Industries Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Current Ratio
1.17
1.15
1.19
3.13
Narmadesh Brass Industries Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Current Ratio
1.17
1.15
1.19
1.61
3.13
BOM:544680 vs CRS, ATI, MLI: Current Ratio Comparison
For the Metal Fabrication subindustry, Narmadesh Brass Industries'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.
Narmadesh Brass Industries Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Narmadesh Brass Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Narmadesh Brass Industries's Current Ratio falls into.
* 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.
Narmadesh Brass Industries (BOM:544680) has a Current Ratio of 3.13 as of Mar. 2026. This is 165% above median its historical median of 1.18. Over the past decade, Narmadesh Brass Industries' Current Ratio has ranged from 1.15 to 3.13. According to the industry distribution chart, Narmadesh Brass Industries ranks #729 out of 3078 companies in the Industrial Products industry, placing it in the top 23.7%.
Is Narmadesh Brass Industries' Current Ratio too high?
Narmadesh Brass Industries' current Current Ratio of 3.13 is 165% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 3.13. The Industrial Products industry median Current Ratio is 1.96. Narmadesh Brass Industries' value of 3.13 is 59.7% above this industry median. Based on the distribution chart, Narmadesh Brass Industries ranks #729 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Narmadesh Brass Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Narmadesh Brass Industries' Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Narmadesh Brass Industries ranks #729 out of 3078 companies for Current Ratio. This places Narmadesh Brass Industries in the top 24% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.96. Narmadesh Brass Industries' value of 3.13 is 59.7% above this benchmark. Historically, Narmadesh Brass Industries' own Current Ratio has ranged from 1.15 to 3.13 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.96, Narmadesh Brass Industries 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,078 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. Narmadesh Brass Industries's current Current Ratio of 3.13 is 59.7% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmadesh Brass Industries's current Current Ratio is 3.13, which is 165% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmadesh Brass Industries stock overvalued right now?
Narmadesh Brass Industries (BOM:544680) has a current Current Ratio of 3.13. The current Current Ratio is 3.13, which is 165% above median its 10-year median of 1.18 and 59.7% above the Industrial Products industry median of 1.96. Narmadesh Brass Industries' overall GF Score™ is 14/100 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 Narmadesh Brass Industries (BOM:544680), the current Current Ratio is 3.13 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.
Narmadesh Brass Industries Ltd is engaged in manufacturing a diverse range of brass products catering to both domestic and international markets. It also offers casting and forging services related to brass components. Its product offering includes brass rods, brass billets, agricultural sprayer parts, garden fittings, ball valves, non-return valves (NRVs), turning components and plumbing fittings, sanitary fittings, brass compression fittings etc. The company is operating in a single business segment i.e. Manufacturing and trading of Brass items. The company derives a substantial portion of revenue from the sale of its products, with the majority generated from the sale of Brass Rods.
14GF Score
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