Advance Technoforge (BOM:544843) Current Ratio: 1.05 (As of Mar. 2026) — Near Median

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BOM:544843 Advance Technoforge Ltd BOM:544843
11 GF Score
Price ₹75.67
! 4 Warning Signs
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What is Advance Technoforge Current Ratio?

Advance Technoforge BOM:544843 +4.17% 11 Current Ratio is 1.05 as of Mar. 2026, which is 5% below its 10-year median of 1.11. GuruFocus rates BOM:544843 with a GF Score™ of 11/100. The stock has 4 warning signs investors should review. Among 3,088 Industrial Products companies, Advance Technoforge ranks worse than 89.02% 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. Advance Technoforge's current ratio for the quarter that ended in Mar. 2026 was 1.05.

Advance Technoforge has a current ratio of 1.05. It generally indicates good short-term financial strength.

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

BOM:544843' s Current Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.11   Max: 1.19
Current: 1.05

During the past 4 years, Advance Technoforge's highest Current Ratio was 1.19. The lowest was 0.98. And the median was 1.11.

BOM:544843's Current Ratio is ranked worse than
89.02% of 3088 companies
in the Industrial Products industry
Industry Median: 1.93 vs BOM:544843: 1.05

Advance Technoforge  (BOM:544843) 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.


Advance Technoforge Current Ratio Related Terms


Advance Technoforge Current Ratio Historical Data

* Premium members only.

The historical data trend for Advance Technoforge'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.

Advance Technoforge Current Ratio Chart

Advance Technoforge Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Current Ratio
1.19 1.16 0.98 1.05

Advance Technoforge Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Current Ratio 1.19 1.16 0.98 1.05

BOM:544843 vs ATI, CRS, MLI: Current Ratio Comparison

For the Metal Fabrication subindustry, Advance Technoforge'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.


Advance Technoforge Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Advance Technoforge's Current Ratio distribution charts can be found below:

* The bar in red indicates where Advance Technoforge's Current Ratio falls into.


BOM:544843
11GF Score
Advance Technoforge Ltd BOM:544843
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Advance Technoforge 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.

Advance Technoforge'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 )
=270.472/258.801
=1.05

Advance Technoforge'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 )
=270.472/258.801
=1.05

* 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 1.05 mean?
Advance Technoforge (BOM:544843) has a Current Ratio of 1.05 as of Mar. 2026. This is near median its historical median of 1.11. Over the past decade, Advance Technoforge's Current Ratio has ranged from 0.98 to 1.19. According to the industry distribution chart, Advance Technoforge ranks #2749 out of 3088 companies in the Industrial Products industry, placing it in the top 89%.
Is Advance Technoforge's Current Ratio too high?
Advance Technoforge's current Current Ratio of 1.05 is near median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.19. The Industrial Products industry median Current Ratio is 1.93. Advance Technoforge's value of 1.05 is 45.6% below this industry median. Based on the distribution chart, Advance Technoforge ranks #2749 out of 3088 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Advance Technoforge has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Advance Technoforge's Current Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Advance Technoforge ranks #2749 out of 3088 companies for Current Ratio. This places Advance Technoforge in the lower half of its industry. The industry median Current Ratio is 1.93. Advance Technoforge's value of 1.05 is 45.6% below this benchmark. Historically, Advance Technoforge's own Current Ratio has ranged from 0.98 to 1.19 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.93, Advance Technoforge 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.93, based on 3,088 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. Advance Technoforge's current Current Ratio of 1.05 is 45.6% 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 Industrial Products industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Technoforge's current Current Ratio is 1.05, which is near median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Technoforge stock overvalued right now?
Advance Technoforge (BOM:544843) has a current Current Ratio of 1.05. The current Current Ratio is 1.05, which is near median its 10-year median of 1.11 and 45.6% below the Industrial Products industry median of 1.93. Advance Technoforge's overall GF Score™ is 11/100 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 Advance Technoforge (BOM:544843), the current Current Ratio is 1.05 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.

Advance Technoforge Business Description

Address At. & Po. Padavala Road, Survey No. 121, Plot No.1 to 6, Opposite Eaterflow Piping System, Veraval Shapar Industrial Area, Lodhika, Rajkot, GJ, IND, 360024
Advance Technoforge Ltd is engaged in the manufacturing of forged steel machined components of Carbon Steel, Alloy Steel, and Stainless Steel, specializing in Closed Die Forging, Upset Forging and Ring Rolling Forging in both rough and precision machined conditions. The company supplies these products to automotive, General engineering, oil & gas, Earth Moving and heavy machinery industries. The majority of its revenue is derived from the sale of its products in India.
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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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