Devson Catalyst (BOM:544823) Current Ratio: 4.18 (As of Mar. 2026) — 65% Above Median

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BOM:544823 Devson Catalyst Ltd BOM:544823
24 GF Score
Price ₹352.25
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What is Devson Catalyst Current Ratio?

Devson Catalyst BOM:544823 +0.46% 24 Current Ratio is 4.18 as of Mar. 2026, which is 65% above its 10-year median of 2.54. GuruFocus rates BOM:544823 with a GF Score™ of 24/100. The stock has 5 warning signs investors should review. Among 1,618 Chemicals companies, Devson Catalyst ranks better than 83.13% 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. Devson Catalyst's current ratio for the quarter that ended in Mar. 2026 was 4.18.

Devson Catalyst has a current ratio of 4.18. 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 Devson Catalyst's Current Ratio or its related term are showing as below:

BOM:544823' s Current Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.54   Max: 4.18
Current: 4.18

During the past 4 years, Devson Catalyst's highest Current Ratio was 4.18. The lowest was 1.66. And the median was 2.54.

BOM:544823's Current Ratio is ranked better than
83.13% of 1618 companies
in the Chemicals industry
Industry Median: 1.88 vs BOM:544823: 4.18

Devson Catalyst  (BOM:544823) 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.


Devson Catalyst Current Ratio Related Terms


Devson Catalyst Current Ratio Historical Data

* Premium members only.

The historical data trend for Devson Catalyst'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.

Devson Catalyst Current Ratio Chart

Devson Catalyst Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Current Ratio
1.66 1.81 3.26 4.18

Devson Catalyst Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Current Ratio 1.66 1.81 3.26 4.49 4.18

BOM:544823 vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Devson Catalyst'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.


Devson Catalyst Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Devson Catalyst's Current Ratio distribution charts can be found below:

* The bar in red indicates where Devson Catalyst's Current Ratio falls into.


BOM:544823
24GF Score
Devson Catalyst Ltd BOM:544823
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Devson Catalyst 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.

Devson Catalyst'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 )
=286.404/68.571
=4.18

Devson Catalyst'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 )
=286.404/68.571
=4.18

* 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 4.18 mean?
Devson Catalyst (BOM:544823) has a Current Ratio of 4.18 as of Mar. 2026. This is 65% above median its historical median of 2.54. Over the past decade, Devson Catalyst's Current Ratio has ranged from 1.66 to 4.18. According to the industry distribution chart, Devson Catalyst ranks #273 out of 1618 companies in the Chemicals industry, placing it in the top 16.9%.
Is Devson Catalyst's Current Ratio too high?
Devson Catalyst's current Current Ratio of 4.18 is 65% above median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 4.18. The Chemicals industry median Current Ratio is 1.88. Devson Catalyst's value of 4.18 is 122.3% above this industry median. Based on the distribution chart, Devson Catalyst ranks #273 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Devson Catalyst has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Devson Catalyst's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Devson Catalyst ranks #273 out of 1618 companies for Current Ratio. This places Devson Catalyst in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.88. Devson Catalyst's value of 4.18 is 122.3% above this benchmark. Historically, Devson Catalyst's own Current Ratio has ranged from 1.66 to 4.18 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 1.88, Devson Catalyst 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.88, based on 1,618 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. Devson Catalyst's current Current Ratio of 4.18 is 122.3% 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 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. Devson Catalyst's current Current Ratio is 4.18, which is 65% above median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devson Catalyst stock overvalued right now?
Devson Catalyst (BOM:544823) has a current Current Ratio of 4.18. The current Current Ratio is 4.18, which is 65% above median its 10-year median of 2.54 and 122.3% above the Chemicals industry median of 1.88. Devson Catalyst's overall GF Score™ is 24/100 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 Devson Catalyst (BOM:544823), the current Current Ratio is 4.18 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.

Devson Catalyst Business Description

Address Plot No 213 To 218, and 233 To 237, Phase II, Ambawadi, GIDC, Wadhwancity, Surendra Nagar, Wadhwancity, GJ, IND, 363030
Devson Catalyst Ltd is engaged in the business of manufacturing catalysts, adsorbents and ceramic balls, catering to industries such as oil and gas refineries, petrochemicals, steel, fertilizers, and other industrial processing sectors. The Company has a presence in both the domestic and international markets. The majority of revenue is derived from the sale of Catalysts, which enable chemical reactions to occur faster and more efficiently without being consumed during the process, in the domestic markets.
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