Balaji Phosphates (NSE:BALAJIPHOS) Current Ratio: 2.16 (As of Mar. 2026) — 32% Above Median


NSE:BALAJIPHOS Balaji Phosphates Ltd NSE:BALAJIPHOS
14 GF Score
Price ₹91.00
! 4 Warning Signs
View Full Analysis

What is Balaji Phosphates Current Ratio?

Balaji Phosphates NSE:BALAJIPHOS +2.13% 14 Current Ratio is 2.16 as of Mar. 2026, which is 32% above its 10-year median of 1.64. GuruFocus rates NSE:BALAJIPHOS with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 258 Agriculture companies, Balaji Phosphates ranks better than 68.22% 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. Balaji Phosphates's current ratio for the quarter that ended in Mar. 2026 was 2.16.

Balaji Phosphates has a current ratio of 2.16. It generally indicates good short-term financial strength.

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

NSE:BALAJIPHOS' s Current Ratio Range Over the Past 10 Years
Min: 1.38   Med: 1.64   Max: 2.6
Current: 2.16

During the past 5 years, Balaji Phosphates's highest Current Ratio was 2.60. The lowest was 1.38. And the median was 1.64.

NSE:BALAJIPHOS's Current Ratio is ranked better than
68.22% of 258 companies
in the Agriculture industry
Industry Median: 1.575 vs NSE:BALAJIPHOS: 2.16

Balaji Phosphates  (NSE:BALAJIPHOS) 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.


Balaji Phosphates Current Ratio Related Terms


Balaji Phosphates Current Ratio Historical Data

* Premium members only.

The historical data trend for Balaji Phosphates'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.

Balaji Phosphates Current Ratio Chart

Balaji Phosphates Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
1.38 1.43 1.64 2.60 2.16

Balaji Phosphates Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio 1.38 1.43 1.64 2.60 2.16

NSE:BALAJIPHOS vs CTVA, CF, MOS: Current Ratio Comparison

For the Agricultural Inputs subindustry, Balaji Phosphates'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.


Balaji Phosphates Current Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Balaji Phosphates's Current Ratio distribution charts can be found below:

* The bar in red indicates where Balaji Phosphates's Current Ratio falls into.


NSE:BALAJIPHOS
14GF Score
Balaji Phosphates Ltd NSE:BALAJIPHOS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balaji Phosphates 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.

Balaji Phosphates'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 )
=1355.217/627.407
=2.16

Balaji Phosphates'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 )
=1355.217/627.407
=2.16

* 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 2.16 mean?
Balaji Phosphates (NSE:BALAJIPHOS) has a Current Ratio of 2.16 as of Mar. 2026. This is 32% above median its historical median of 1.64. Over the past decade, Balaji Phosphates' Current Ratio has ranged from 1.38 to 2.60. According to the industry distribution chart, Balaji Phosphates ranks #82 out of 258 companies in the Agriculture industry, placing it in the top 31.8%.
Is Balaji Phosphates' Current Ratio too high?
Balaji Phosphates' current Current Ratio of 2.16 is 32% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 2.60. The Agriculture industry median Current Ratio is 1.58. Balaji Phosphates' value of 2.16 is 37.1% above this industry median. Based on the distribution chart, Balaji Phosphates ranks #82 out of 258 companies in the Agriculture industry, which is above the industry midpoint. Overall, Balaji Phosphates has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Balaji Phosphates' Current Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Balaji Phosphates ranks #82 out of 258 companies for Current Ratio. This puts Balaji Phosphates in the upper half of its industry. The industry median Current Ratio is 1.58. Balaji Phosphates' value of 2.16 is 37.1% above this benchmark. Historically, Balaji Phosphates' own Current Ratio has ranged from 1.38 to 2.60 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.58, Balaji Phosphates 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 Agriculture company?
The median Current Ratio among Agriculture companies is 1.58, based on 258 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. Balaji Phosphates's current Current Ratio of 2.16 is 37.1% 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 Agriculture industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaji Phosphates's current Current Ratio is 2.16, which is 32% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaji Phosphates stock overvalued right now?
Balaji Phosphates (NSE:BALAJIPHOS) has a current Current Ratio of 2.16. The current Current Ratio is 2.16, which is 32% above median its 10-year median of 1.64 and 37.1% above the Agriculture industry median of 1.58. Balaji Phosphates' 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 Balaji Phosphates (NSE:BALAJIPHOS), the current Current Ratio is 2.16 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.

Balaji Phosphates Business Description

Address 305, Utsav Avenue, 12/5, Usha Ganj Jaora Compound, Indore General Post Office, Indore, MP, IND, 452001
Balaji Phosphates Ltd manufactures and supplies Single Super Phosphate (SSP) in powder and granulated forms, NPK granulated and mixed fertilizers, and zinc sulphate. It sells products under the brand names RATNAM and BPPL to customers, including retailers, wholesalers, and state-owned cooperatives, with farmers being the end users. The company operates in two segments: Fertilizers and Weighbridge. The Fertilizers segment includes the manufacturing of single super phosphate fertilizers. The Weighbridge segment includes the manufacture of weighbridges and annual service maintenance. The key revenue is generated from the Fertilizers segment.
14GF Score

Get the complete analysis for NSE:BALAJIPHOS

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹91.00
Price