Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Current Ratio: 2.88 (As of Mar. 2026) — 15% Above Median

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NSE:EMKAYTOOLS Emkay Taps and Cutting Tools Ltd NSE:EMKAYTOOLS
61 GF Score
Price ₹92.00
GF Value ₹153.45
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Emkay Taps and Cutting Tools Current Ratio?

Emkay Taps and Cutting Tools NSE:EMKAYTOOLS +1.88% 61 Current Ratio is 2.88 as of Mar. 2026, which is 15% above its 10-year median of 2.50. GuruFocus rates NSE:EMKAYTOOLS with a GF Score™ of 61/100 and a GF Value™ of ₹153.45 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,091 Industrial Products companies, Emkay Taps and Cutting Tools ranks better than 74.15% 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. Emkay Taps and Cutting Tools's current ratio for the quarter that ended in Mar. 2026 was 2.88.

Emkay Taps and Cutting Tools has a current ratio of 2.88. It generally indicates good short-term financial strength.

The historical rank and industry rank for Emkay Taps and Cutting Tools's Current Ratio or its related term are showing as below:

NSE:EMKAYTOOLS' s Current Ratio Range Over the Past 10 Years
Min: 1.28   Med: 2.5   Max: 3.36
Current: 2.88

During the past 12 years, Emkay Taps and Cutting Tools's highest Current Ratio was 3.36. The lowest was 1.28. And the median was 2.50.

NSE:EMKAYTOOLS's Current Ratio is ranked better than
74.15% of 3091 companies
in the Industrial Products industry
Industry Median: 1.92 vs NSE:EMKAYTOOLS: 2.88

Emkay Taps and Cutting Tools  (NSE:EMKAYTOOLS) 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.


Emkay Taps and Cutting Tools Current Ratio Related Terms


Emkay Taps and Cutting Tools Current Ratio Historical Data

* Premium members only.

The historical data trend for Emkay Taps and Cutting Tools'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.

Emkay Taps and Cutting Tools Current Ratio Chart

Emkay Taps and Cutting Tools 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 1.92 1.76 1.81 1.28 2.88

Emkay Taps and Cutting Tools Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 0.00 1.81 0.00 1.28 2.88

NSE:EMKAYTOOLS vs SNA, RBC, LECO: Current Ratio Comparison

For the Tools & Accessories subindustry, Emkay Taps and Cutting Tools'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.


Emkay Taps and Cutting Tools Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emkay Taps and Cutting Tools's Current Ratio distribution charts can be found below:

* The bar in red indicates where Emkay Taps and Cutting Tools's Current Ratio falls into.


NSE:EMKAYTOOLS
61GF Score
Emkay Taps and Cutting Tools Ltd NSE:EMKAYTOOLS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emkay Taps and Cutting Tools 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.

Emkay Taps and Cutting Tools'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 )
=93.733/32.504
=2.88

Emkay Taps and Cutting Tools'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 )
=93.733/32.504
=2.88

* 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 2.88 mean?
Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) has a Current Ratio of 2.88 as of Mar. 2026. This is 15% above median its historical median of 2.50. Over the past decade, Emkay Taps and Cutting Tools' Current Ratio has ranged from 1.28 to 3.36. According to the industry distribution chart, Emkay Taps and Cutting Tools ranks #799 out of 3091 companies in the Industrial Products industry, placing it in the top 25.8%.
Is Emkay Taps and Cutting Tools' Current Ratio too high?
Emkay Taps and Cutting Tools' current Current Ratio of 2.88 is 15% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 3.36. The Industrial Products industry median Current Ratio is 1.92. Emkay Taps and Cutting Tools' value of 2.88 is 50% above this industry median. Based on the distribution chart, Emkay Taps and Cutting Tools ranks #799 out of 3091 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Emkay Taps and Cutting Tools has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Emkay Taps and Cutting Tools' Current Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Emkay Taps and Cutting Tools ranks #799 out of 3091 companies for Current Ratio. This puts Emkay Taps and Cutting Tools in the upper half of its industry. The industry median Current Ratio is 1.92. Emkay Taps and Cutting Tools' value of 2.88 is 50% above this benchmark. Historically, Emkay Taps and Cutting Tools' own Current Ratio has ranged from 1.28 to 3.36 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.92, Emkay Taps and Cutting Tools 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 Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.92, based on 3,091 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. Emkay Taps and Cutting Tools's current Current Ratio of 2.88 is 50% 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 Industrial Products industry, the median Current Ratio is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emkay Taps and Cutting Tools's current Current Ratio is 2.88, which is 15% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emkay Taps and Cutting Tools stock overvalued right now?
Based on GuruFocus' analysis, Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹153.45, compared to a current price of ₹92.00 — trading 40% below its estimated fair value. The current Current Ratio is 2.88, which is 15% above median its 10-year median of 2.50 and 50% above the Industrial Products industry median of 1.92. Emkay Taps and Cutting Tools' overall GF Score™ is 61/100 with 2 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 Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS), the current Current Ratio is 2.88 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 Emkay Taps and Cutting Tools (NSE:EMKAYTOOLS) Overvalued in 2026?

Based on GuruFocus' analysis, Emkay Taps and Cutting Tools stock appears to be undervalued. The current stock price of ₹92.00 is trading 40% below its estimated GF Value™ of ₹153.45. GuruFocus considers Emkay Taps and Cutting Tools to be Possible Value Trap.

Key valuation signals for NSE:EMKAYTOOLS:

  • Current Ratio: 2.88 (15% above median its 10-year median of 2.50)
  • GF Value™: ₹153.45 vs. price of ₹92.00 (40% below fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 50% above the Industrial Products median (#799 of 3091)

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


Emkay Taps and Cutting Tools Business Description

Address Plot No. B-27 and B-27/1, MIDC Hingna Industrial Estate, Nagpur, MH, IND, 440016
Emkay Taps and Cutting Tools Ltd is engaged in manufacturing and selling taps and cutting tools. The company operates two main segments: the manufacturing of taps and cutting tools, and the production of power through windmills. The majority of its revenue is generated from the tools segment. It runs two wind farm projects located in Shivapura Kavalu Village, Belur Taluka, Hassan District, Karnataka, and Kita & Ugawa, Jaisalmer District, Rajasthan.
61GF Score

Get the complete analysis for NSE:EMKAYTOOLS

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

₹92.00
Price
₹153.45
GF Value