Dollar Industries (NSE:DOLLAR) Current Ratio: 2.31 (As of Mar. 2026) — Near Median


NSE:DOLLAR Dollar Industries Ltd NSE:DOLLAR
80 GF Score
Price ₹263.10
GF Value ₹537.84
Valuation Possible Value Trap
! 3 Warning Signs
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What is Dollar Industries Current Ratio?

Dollar Industries NSE:DOLLAR -1.35% 80 Current Ratio is 2.31 as of Mar. 2026, which is 8% above its 10-year median of 2.14. GuruFocus rates NSE:DOLLAR with a GF Score™ of 80/100 and a GF Value™ of ₹537.84 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Dollar Industries ranks better than 63.67% 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. Dollar Industries's current ratio for the quarter that ended in Mar. 2026 was 2.31.

Dollar Industries has a current ratio of 2.31. It generally indicates good short-term financial strength.

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

NSE:DOLLAR' s Current Ratio Range Over the Past 10 Years
Min: 1.66   Med: 2.14   Max: 2.48
Current: 2.31

During the past 13 years, Dollar Industries's highest Current Ratio was 2.48. The lowest was 1.66. And the median was 2.14.

NSE:DOLLAR's Current Ratio is ranked better than
63.67% of 1068 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8 vs NSE:DOLLAR: 2.31

Dollar Industries  (NSE:DOLLAR) 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.


Dollar Industries Current Ratio Related Terms


Dollar Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Dollar 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.

Dollar Industries Current Ratio Chart

Dollar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 2.47 2.08 2.09 2.31

Dollar Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 0.00 2.15 0.00 2.31

NSE:DOLLAR vs RL, LEVI, VFC: Current Ratio Comparison

For the Apparel Manufacturing subindustry, Dollar 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.


Dollar Industries Current Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:DOLLAR
80GF Score
Dollar Industries Ltd NSE:DOLLAR
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollar 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.

Dollar Industries'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 )
=12368.85/5363.655
=2.31

Dollar Industries'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 )
=12368.85/5363.655
=2.31

* 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 2.31 mean?
Dollar Industries (NSE:DOLLAR) has a Current Ratio of 2.31 as of Mar. 2026. This is near median its historical median of 2.14. Over the past decade, Dollar Industries' Current Ratio has ranged from 1.66 to 2.48. According to the industry distribution chart, Dollar Industries ranks #388 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 36.3%.
Is Dollar Industries' Current Ratio too high?
Dollar Industries' current Current Ratio of 2.31 is near median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 2.48. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Dollar Industries' value of 2.31 is 28.3% above this industry median. Based on the distribution chart, Dollar Industries ranks #388 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Dollar Industries has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dollar Industries' Current Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Dollar Industries ranks #388 out of 1068 companies for Current Ratio. This puts Dollar Industries in the upper half of its industry. The industry median Current Ratio is 1.80. Dollar Industries' value of 2.31 is 28.3% above this benchmark. Historically, Dollar Industries' own Current Ratio has ranged from 1.66 to 2.48 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.80, Dollar 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 1.80, based on 1,068 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. Dollar Industries's current Current Ratio of 2.31 is 28.3% 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 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollar Industries's current Current Ratio is 2.31, which is near median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollar Industries stock overvalued right now?
Based on GuruFocus' analysis, Dollar Industries (NSE:DOLLAR) is currently considered Possible Value Trap. The stock's GF Value™ is ₹537.84, compared to a current price of ₹263.10 — trading 51.1% below its estimated fair value. The current Current Ratio is 2.31, which is near median its 10-year median of 2.14 and 28.3% above the Manufacturing - Apparel & Accessories industry median of 1.80. Dollar Industries' overall GF Score™ is 80/100 with 3 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 Dollar Industries (NSE:DOLLAR), the current Current Ratio is 2.31 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 Dollar Industries (NSE:DOLLAR) Overvalued in 2026?

Based on GuruFocus' analysis, Dollar Industries stock appears to be undervalued. The current stock price of ₹263.10 is trading 51.1% below its estimated GF Value™ of ₹537.84. GuruFocus considers Dollar Industries to be Possible Value Trap.

Key valuation signals for NSE:DOLLAR:

  • Current Ratio: 2.31 (near median its 10-year median of 2.14)
  • GF Value™: ₹537.84 vs. price of ₹263.10 (51.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 28.3% above the Manufacturing - Apparel & Accessories median (#388 of 1068)

No single metric tells the full story. See the NSE:DOLLAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dollar Industries Business Description

Other Exchanges 541403:India
Address 32, Jawaharlal Nehru Road, 15th Floor, Om Towers, Kolkata, WB, IND, 700 071
Dollar Industries Ltd is engaged in the manufacture of hosiery products in knitted innerwear, casual wear, and thermal wear. The company is engaged in the manufacturing of garments and hosiery products and generates revenue from the sale of the same. It is also the only reportable segment of the company. Geographically, it derives a majority of its revenue from India. Its brand portfolio includes Dollar Bigboss; Dollar Missy; Force NXT; Dollar Ultra; Dollar Champion; Force Go Wear; Dollar Kids Care; Dollar Lehar; Dollar Comfort; Dollar Commando; Dollar Bravery, and Dollar RKG.
80GF Score

Get the complete analysis for NSE:DOLLAR

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

₹263.10
Price
₹537.84
GF Value