Divyadhan Recycling Industries (NSE:DIVYADHAN) Current Ratio: 3.25 (As of Mar. 2025) — 225% Above Median

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NSE:DIVYADHAN Divyadhan Recycling Industries Ltd NSE:DIVYADHAN
17 GF Score
Price ₹41.90
! 4 Warning Signs
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What is Divyadhan Recycling Industries Current Ratio?

Divyadhan Recycling Industries NSE:DIVYADHAN -9.70% 17 Current Ratio is 3.25 as of Mar. 2025, which is 225% above its 10-year median of 1.00. GuruFocus rates NSE:DIVYADHAN with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 1,072 Manufacturing - Apparel & Accessories companies, Divyadhan Recycling Industries ranks better than 76.96% 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. Divyadhan Recycling Industries's current ratio for the quarter that ended in Mar. 2025 was 3.25.

Divyadhan Recycling Industries has a current ratio of 3.25. 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 Divyadhan Recycling Industries's Current Ratio or its related term are showing as below:

NSE:DIVYADHAN' s Current Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1   Max: 3.25
Current: 3.25

During the past 5 years, Divyadhan Recycling Industries's highest Current Ratio was 3.25. The lowest was 0.90. And the median was 1.00.

NSE:DIVYADHAN's Current Ratio is ranked better than
76.96% of 1072 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.81 vs NSE:DIVYADHAN: 3.25

Divyadhan Recycling Industries  (NSE:DIVYADHAN) 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.


Divyadhan Recycling Industries Current Ratio Related Terms


Divyadhan Recycling Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Divyadhan Recycling Industries'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.

Divyadhan Recycling Industries Current Ratio Chart

Divyadhan Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
1.00 0.90 0.94 1.12 3.25

Divyadhan Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio 1.00 0.90 0.94 1.12 3.25

Divyadhan Recycling Industries Current Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Divyadhan Recycling Industries'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.


Divyadhan Recycling Industries Current Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Divyadhan Recycling Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Divyadhan Recycling Industries's Current Ratio falls into.


NSE:DIVYADHAN
17GF Score
Divyadhan Recycling Industries Ltd NSE:DIVYADHAN
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Divyadhan Recycling Industries 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.

Divyadhan Recycling Industries's Current Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Current Ratio (A: Mar. 2025 )=Total Current Assets (A: Mar. 2025 )/Total Current Liabilities (A: Mar. 2025 )
=208.597/64.186
=3.25

Divyadhan Recycling Industries's Current Ratio for the quarter that ended in Mar. 2025 is calculated as

Current Ratio (Q: Mar. 2025 )=Total Current Assets (Q: Mar. 2025 )/Total Current Liabilities (Q: Mar. 2025 )
=208.597/64.186
=3.25

* 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 3.25 mean?
Divyadhan Recycling Industries (NSE:DIVYADHAN) has a Current Ratio of 3.25 as of Mar. 2025. This is 225% above median its historical median of 1.00. Over the past decade, Divyadhan Recycling Industries' Current Ratio has ranged from 0.90 to 3.25. According to the industry distribution chart, Divyadhan Recycling Industries ranks #247 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23%.
Is Divyadhan Recycling Industries' Current Ratio too high?
Divyadhan Recycling Industries' current Current Ratio of 3.25 is 225% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 3.25. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. Divyadhan Recycling Industries' value of 3.25 is 79.6% above this industry median. Based on the distribution chart, Divyadhan Recycling Industries ranks #247 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Divyadhan Recycling Industries has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Divyadhan Recycling Industries' Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Divyadhan Recycling Industries ranks #247 out of 1072 companies for Current Ratio. This places Divyadhan Recycling Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.81. Divyadhan Recycling Industries' value of 3.25 is 79.6% above this benchmark. Historically, Divyadhan Recycling Industries' own Current Ratio has ranged from 0.90 to 3.25 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.81, Divyadhan Recycling Industries 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.81, based on 1,072 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. Divyadhan Recycling Industries's current Current Ratio of 3.25 is 79.6% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Divyadhan Recycling Industries's current Current Ratio is 3.25, which is 225% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Divyadhan Recycling Industries stock overvalued right now?
Divyadhan Recycling Industries (NSE:DIVYADHAN) has a current Current Ratio of 3.25. The current Current Ratio is 3.25, which is 225% above median its 10-year median of 1.00 and 79.6% above the Manufacturing - Apparel & Accessories industry median of 1.81. Divyadhan Recycling Industries' overall GF Score™ is 17/100 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 Divyadhan Recycling Industries (NSE:DIVYADHAN), the current Current Ratio is 3.25 as of Mar. 2025. 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.

Divyadhan Recycling Industries Business Description

Address Saki Vihar Road, 1803, Lodha Supremus, Opposite Telephone Exchange, Powai, Mumbai, MH, IND, 400072
Divyadhan Recycling Industries Ltd is in the business of manufacturing of Recycled Polyester Staple Fibre (R-PSF) and Recycled Pellets. The recycled fibre and pellets are produced from post-consumer PET bottles also known as Polyethylene Terephthalate bottles. The company produces hollow and solid recycled polyester staple fibre, which has good resilience properties and makes premium pillows, cushions, and quilts. The recycled fibre is supplied to various industries such as Packaging, home furnishing and Textiles.
17GF Score

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