Birla CableNSE:BIRLACABLE -1.70%79 Current Ratio is 2.19 as of Mar. 2026, which is 21% above its 10-year median of 1.81. GuruFocus rates NSE:BIRLACABLE with a GF Score™ of 79/100 and a GF Value™ of ₹213.50 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,495 Hardware companies, Birla Cable ranks better than 56.47% 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. Birla Cable's current ratio for the quarter that ended in Mar. 2026 was 2.19.
Birla Cable has a current ratio of 2.19. It generally indicates good short-term financial strength.
The historical rank and industry rank for Birla Cable's Current Ratio or its related term are showing as below:
NSE:BIRLACABLE'
s Current Ratio Range Over the Past 10 Years
Min: 1.34 Med: 1.81 Max: 2.43
Current: 2.19
During the past 13 years, Birla Cable's highest Current Ratio was 2.43. The lowest was 1.34. And the median was 1.81.
NSE:BIRLACABLE's Current Ratio is ranked better than 56.47% of 2495
companies
in the Hardware industry
Industry Median: 1.96
vs NSE:BIRLACABLE: 2.19
Birla Cable (NSE:BIRLACABLE) 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.
Birla Cable Current Ratio Related Terms
Birla Cable Current Ratio Historical Data
* Premium members only.
The historical data trend for Birla Cable'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.
NSE:BIRLACABLE vs CSCO, CIEN, MSI: Current Ratio Comparison
For the Communication Equipment subindustry, Birla Cable'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.
Birla Cable Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Birla Cable's Current Ratio distribution charts can be found below:
* The bar in red indicates where Birla Cable'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.
Birla Cable (NSE:BIRLACABLE) has a Current Ratio of 2.19 as of Mar. 2026. This is 21% above median its historical median of 1.81. Over the past decade, Birla Cable's Current Ratio has ranged from 1.34 to 2.43. According to the industry distribution chart, Birla Cable ranks #1086 out of 2495 companies in the Hardware industry, placing it in the top 43.5%.
Is Birla Cable's Current Ratio too high?
Birla Cable's current Current Ratio of 2.19 is 21% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.43. The Hardware industry median Current Ratio is 1.96. Birla Cable's value of 2.19 is 11.7% above this industry median. Based on the distribution chart, Birla Cable ranks #1086 out of 2495 companies in the Hardware industry, which is above the industry midpoint. Overall, Birla Cable has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Birla Cable's Current Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Birla Cable ranks #1086 out of 2495 companies for Current Ratio. This puts Birla Cable in the upper half of its industry. The industry median Current Ratio is 1.96. Birla Cable's value of 2.19 is 11.7% above this benchmark. Historically, Birla Cable's own Current Ratio has ranged from 1.34 to 2.43 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.96, Birla Cable 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,495 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. Birla Cable's current Current Ratio of 2.19 is 11.7% 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 Hardware 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. Birla Cable's current Current Ratio is 2.19, which is 21% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla Cable stock overvalued right now?
Based on GuruFocus' analysis, Birla Cable (NSE:BIRLACABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹213.50, compared to a current price of ₹196.09 — trading 8.2% below its estimated fair value. The current Current Ratio is 2.19, which is 21% above median its 10-year median of 1.81 and 11.7% above the Hardware industry median of 1.96. Birla Cable's overall GF Score™ is 79/100 with 7 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 Birla Cable (NSE:BIRLACABLE), the current Current Ratio is 2.19 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.
Is Birla Cable (NSE:BIRLACABLE) Overvalued in 2026?
Based on GuruFocus' analysis, Birla Cable stock appears to be undervalued.
The current stock price of ₹196.09 is trading 8.2% below its estimated GF Value™ of ₹213.50.
GuruFocus considers Birla Cable to be Fairly Valued.
Key valuation signals for NSE:BIRLACABLE:
Current Ratio: 2.19 (21% above median its 10-year median of 1.81)
GF Value™: ₹213.50 vs. price of ₹196.09 (8.2% below fair value)
Industry Position: 11.7% above the Hardware median (#1086 of 2495)
No single metric tells the full story. See the NSE:BIRLACABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Birla Cable Ltd is engaged in the manufacturing and sale of telecommunication cables, consisting of both copper and optical fiber, and other types of specialty wires and cables. Its geographical segments include Domestic Market (within India) and Overseas Market (outside India). The firm offers products in various categories such as optical fiber cables, including armored and unarmored, di-electric self-supporting aerial, figure-8 type aerial, drop, and interconnect cables. It also offers specialty cables, such as stainless steel wire armored tactical, coaxial, switchboard, screened PCM, and CAT cables, as well as automobile wires. In addition, the company provides telecom fiber accessories comprising connectors, adapters, pigtails, and cable accessories.
79GF Score
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