Dhariwalcorp (NSE:DHARIWAL) Current Ratio: 3.75 (As of Mar. 2026) — 131% Above Median

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NSE:DHARIWAL Dhariwalcorp Ltd NSE:DHARIWAL
16 GF Score
Price ₹32.80
! 5 Warning Signs
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What is Dhariwalcorp Current Ratio?

Dhariwalcorp NSE:DHARIWAL +0.92% 16 Current Ratio is 3.75 as of Mar. 2026, which is 131% above its 10-year median of 1.62. GuruFocus rates NSE:DHARIWAL with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 1,606 Chemicals companies, Dhariwalcorp ranks better than 79.45% 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. Dhariwalcorp's current ratio for the quarter that ended in Mar. 2026 was 3.75.

Dhariwalcorp has a current ratio of 3.75. 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 Dhariwalcorp's Current Ratio or its related term are showing as below:

NSE:DHARIWAL' s Current Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.62   Max: 3.75
Current: 3.75

During the past 5 years, Dhariwalcorp's highest Current Ratio was 3.75. The lowest was 1.09. And the median was 1.62.

NSE:DHARIWAL's Current Ratio is ranked better than
79.45% of 1606 companies
in the Chemicals industry
Industry Median: 1.88 vs NSE:DHARIWAL: 3.75

Dhariwalcorp  (NSE:DHARIWAL) 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.


Dhariwalcorp Current Ratio Related Terms


Dhariwalcorp Current Ratio Historical Data

* Premium members only.

The historical data trend for Dhariwalcorp'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.

Dhariwalcorp Current Ratio Chart

Dhariwalcorp Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
1.09 1.09 1.62 1.81 3.75

Dhariwalcorp Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial 1.62 0.00 1.81 2.60 3.75

NSE:DHARIWAL vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Dhariwalcorp'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.


Dhariwalcorp Current Ratio vs Chemicals Industry

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

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


NSE:DHARIWAL
16GF Score
Dhariwalcorp Ltd NSE:DHARIWAL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Dhariwalcorp 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.

Dhariwalcorp'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 )
=567.94/151.377
=3.75

Dhariwalcorp'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 )
=567.94/151.377
=3.75

* 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 3.75 mean?
Dhariwalcorp (NSE:DHARIWAL) has a Current Ratio of 3.75 as of Mar. 2026. This is 131% above median its historical median of 1.62. Over the past decade, Dhariwalcorp's Current Ratio has ranged from 1.09 to 3.75. According to the industry distribution chart, Dhariwalcorp ranks #330 out of 1606 companies in the Chemicals industry, placing it in the top 20.5%.
Is Dhariwalcorp's Current Ratio too high?
Dhariwalcorp's current Current Ratio of 3.75 is 131% above median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 3.75. The Chemicals industry median Current Ratio is 1.88. Dhariwalcorp's value of 3.75 is 99.5% above this industry median. Based on the distribution chart, Dhariwalcorp ranks #330 out of 1606 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Dhariwalcorp has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Dhariwalcorp's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dhariwalcorp ranks #330 out of 1606 companies for Current Ratio. This places Dhariwalcorp in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.88. Dhariwalcorp's value of 3.75 is 99.5% above this benchmark. Historically, Dhariwalcorp's own Current Ratio has ranged from 1.09 to 3.75 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 1.88, Dhariwalcorp 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 1,606 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. Dhariwalcorp's current Current Ratio of 3.75 is 99.5% 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. Dhariwalcorp's current Current Ratio is 3.75, which is 131% above median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhariwalcorp stock overvalued right now?
Dhariwalcorp (NSE:DHARIWAL) has a current Current Ratio of 3.75. The current Current Ratio is 3.75, which is 131% above median its 10-year median of 1.62 and 99.5% above the Chemicals industry median of 1.88. Dhariwalcorp's overall GF Score™ is 16/100 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 Dhariwalcorp (NSE:DHARIWAL), the current Current Ratio is 3.75 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.

Dhariwalcorp Business Description

Address Pal Link Road, 36, Narayan Nagar, Shobhawaton ki dhani, Jodhpur, RJ, IND, 342001
Dhariwalcorp Ltd is engaged in the business of trading of a comprehensive range of waxes, industrial chemicals, and petroleum jelly. The company is involved in processing, purchasing, selling, importing, and trading various types of wax, including Paraffin Wax, Micro Wax, Slack Wax, Carnauba Wax, Microcrystalline Waxes, Semi Refined Paraffin Wax, Yellow Beeswax, Hydrocarbon Wax, Montan Wax, Polyethylene Wax, Vegetable Wax, Residue Wax, Palm Wax, BN Micro Wax, Hydrogenated Palm Wax, Micro Slack Wax, PE Wax, Soya Wax, etc. Additionally, the Company trades in industrial chemicals such as Rubber Process Oil, Light Liquid Paraffin (LLP), Citric Acid Monohydrate, Refined Glycerin, Bitumen, Stearic Acid, and Petroleum Jelly, including Paraffin Petroleum Jelly and White Petroleum Jelly.
16GF Score

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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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