Grover Jewells (NSE:GJL) Current Ratio: 3.43 (As of Mar. 2025) — 26% Below Median

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NSE:GJL Grover Jewells Ltd NSE:GJL
18 GF Score
Price ₹153.00
! 2 Warning Signs
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What is Grover Jewells Current Ratio?

Grover Jewells NSE:GJL -4.38% 18 Current Ratio is 3.43 as of Mar. 2025, which is 26% below its 10-year median of 4.61. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,133 Retail - Cyclical companies, Grover Jewells ranks better than 83.5% 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. Grover Jewells's current ratio for the quarter that ended in Mar. 2025 was 3.43.

Grover Jewells has a current ratio of 3.43. 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 Grover Jewells's Current Ratio or its related term are showing as below:

NSE:GJL' s Current Ratio Range Over the Past 10 Years
Min: 3.43   Med: 4.61   Max: 10.8
Current: 3.43

During the past 3 years, Grover Jewells's highest Current Ratio was 10.80. The lowest was 3.43. And the median was 4.61.

NSE:GJL's Current Ratio is ranked better than
83.5% of 1133 companies
in the Retail - Cyclical industry
Industry Median: 1.57 vs NSE:GJL: 3.43

Grover Jewells  (NSE:GJL) 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.


Grover Jewells Current Ratio Related Terms


Grover Jewells Current Ratio Historical Data

* Premium members only.

The historical data trend for Grover Jewells'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.

Grover Jewells Current Ratio Chart

Grover Jewells Annual Data
Trend Mar23 Mar24 Mar25
Current Ratio
4.61 10.80 3.43

Grover Jewells Semi-Annual Data
Mar23 Mar24 Mar25
Current Ratio 4.61 10.80 3.43

NSE:GJL vs TPR: Current Ratio Comparison

For the Luxury Goods subindustry, Grover Jewells'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.


Grover Jewells Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grover Jewells's Current Ratio distribution charts can be found below:

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


NSE:GJL
18GF Score
Grover Jewells Ltd NSE:GJL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grover Jewells 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.

Grover Jewells'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 )
=246.077/71.834
=3.43

Grover Jewells'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 )
=246.077/71.834
=3.43

* 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 3.43 mean?
Grover Jewells (NSE:GJL) has a Current Ratio of 3.43 as of Mar. 2025. This is 26% below median its historical median of 4.61. Over the past decade, Grover Jewells' Current Ratio has ranged from 3.43 to 10.80. According to the industry distribution chart, Grover Jewells ranks #187 out of 1133 companies in the Retail - Cyclical industry, placing it in the top 16.5%.
Is Grover Jewells' Current Ratio too high?
Grover Jewells' current Current Ratio of 3.43 is 26% below median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 10.80. The Retail - Cyclical industry median Current Ratio is 1.57. Grover Jewells' value of 3.43 is 118.5% above this industry median. Based on the distribution chart, Grover Jewells ranks #187 out of 1133 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' Current Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Grover Jewells ranks #187 out of 1133 companies for Current Ratio. This places Grover Jewells in the top 17% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.57. Grover Jewells' value of 3.43 is 118.5% above this benchmark. Historically, Grover Jewells' own Current Ratio has ranged from 3.43 to 10.80 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 1.57, Grover Jewells 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.57, based on 1,133 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. Grover Jewells's current Current Ratio of 3.43 is 118.5% 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 Retail - Cyclical industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grover Jewells's current Current Ratio is 3.43, which is 26% below median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current Current Ratio of 3.43. The current Current Ratio is 3.43, which is 26% below median its 10-year median of 4.61 and 118.5% above the Retail - Cyclical industry median of 1.57. Grover Jewells' overall GF Score™ is 18/100 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 Grover Jewells (NSE:GJL), the current Current Ratio is 3.43 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.

Grover Jewells Business Description

Address Lawrance Road Industrial Area, House No C-44/5, 1st Floor, Keshavpuram Ind Area, North West, Delhi, IND, 110035
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
18GF Score

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