Hindware Home Innovation (NSE:HINDWAREAP) Current Ratio: 0.97 (As of Mar. 2026) — 11% Below Median


NSE:HINDWAREAP Hindware Home Innovation Ltd NSE:HINDWAREAP
78 GF Score
Price ₹250.80
GF Value ₹305.80
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Hindware Home Innovation Current Ratio?

Hindware Home Innovation NSE:HINDWAREAP +0.04% 78 Current Ratio is 0.97 as of Mar. 2026, which is 11% below its 10-year median of 1.09. GuruFocus rates NSE:HINDWAREAP with a GF Score™ of 78/100 and a GF Value™ of ₹305.80 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Hindware Home Innovation ranks worse than 88.48% 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. Hindware Home Innovation's current ratio for the quarter that ended in Mar. 2026 was 0.97.

Hindware Home Innovation has a current ratio of 0.97. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Hindware Home Innovation has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Hindware Home Innovation's Current Ratio or its related term are showing as below:

NSE:HINDWAREAP' s Current Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.09   Max: 1.53
Current: 0.97

During the past 9 years, Hindware Home Innovation's highest Current Ratio was 1.53. The lowest was 0.88. And the median was 1.09.

NSE:HINDWAREAP's Current Ratio is ranked worse than
88.48% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.88 vs NSE:HINDWAREAP: 0.97

Hindware Home Innovation  (NSE:HINDWAREAP) 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.


Hindware Home Innovation Current Ratio Related Terms


Hindware Home Innovation Current Ratio Historical Data

* Premium members only.

The historical data trend for Hindware Home Innovation'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.

Hindware Home Innovation Current Ratio Chart

Hindware Home Innovation Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only 0.88 1.08 1.00 1.09 0.97

Hindware Home Innovation 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 1.09 0.00 1.00 0.00 0.97

NSE:HINDWAREAP vs SN, SGI, MHK: Current Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation'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.


Hindware Home Innovation Current Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's Current Ratio distribution charts can be found below:

* The bar in red indicates where Hindware Home Innovation's Current Ratio falls into.


NSE:HINDWAREAP
78GF Score
Hindware Home Innovation Ltd NSE:HINDWAREAP
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindware Home Innovation 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.

Hindware Home Innovation'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 )
=12181.3/12563.3
=0.97

Hindware Home Innovation'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 )
=12181.3/12563.3
=0.97

* 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 0.97 mean?
Hindware Home Innovation (NSE:HINDWAREAP) has a Current Ratio of 0.97 as of Mar. 2026. This is 11% below median its historical median of 1.09. Over the past decade, Hindware Home Innovation's Current Ratio has ranged from 0.88 to 1.53. According to the industry distribution chart, Hindware Home Innovation ranks #384 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 88.5%.
Is Hindware Home Innovation's Current Ratio too high?
Hindware Home Innovation's current Current Ratio of 0.97 is 11% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.53. The Furnishings, Fixtures & Appliances industry median Current Ratio is 1.88. Hindware Home Innovation's value of 0.97 is 48.4% below this industry median. Based on the distribution chart, Hindware Home Innovation ranks #384 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Hindware Home Innovation has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindware Home Innovation's Current Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Hindware Home Innovation ranks #384 out of 434 companies for Current Ratio. This places Hindware Home Innovation in the lower half of its industry. The industry median Current Ratio is 1.88. Hindware Home Innovation's value of 0.97 is 48.4% below this benchmark. Historically, Hindware Home Innovation's own Current Ratio has ranged from 0.88 to 1.53 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.88, Hindware Home Innovation has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median Current Ratio among Furnishings, Fixtures & Appliances companies is 1.88, based on 434 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. Hindware Home Innovation's current Current Ratio of 0.97 is 48.4% below 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 Furnishings, Fixtures & Appliances 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. Hindware Home Innovation's current Current Ratio is 0.97, which is 11% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindware Home Innovation stock overvalued right now?
Based on GuruFocus' analysis, Hindware Home Innovation (NSE:HINDWAREAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹305.80, compared to a current price of ₹250.80 — trading 18% below its estimated fair value. The current Current Ratio is 0.97, which is 11% below median its 10-year median of 1.09 and 48.4% below the Furnishings, Fixtures & Appliances industry median of 1.88. Hindware Home Innovation's overall GF Score™ is 78/100 with 7 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 Hindware Home Innovation (NSE:HINDWAREAP), the current Current Ratio is 0.97 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 Hindware Home Innovation (NSE:HINDWAREAP) Overvalued in 2026?

Based on GuruFocus' analysis, Hindware Home Innovation stock appears to be undervalued. The current stock price of ₹250.80 is trading 18% below its estimated GF Value™ of ₹305.80. GuruFocus considers Hindware Home Innovation to be Modestly Undervalued.

Key valuation signals for NSE:HINDWAREAP:

  • Current Ratio: 0.97 (11% below median its 10-year median of 1.09)
  • GF Value™: ₹305.80 vs. price of ₹250.80 (18% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 48.4% below the Furnishings, Fixtures & Appliances median (#384 of 434)

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


Hindware Home Innovation Business Description

Other Exchanges 542905:India
Address BPTP Park Centra, Unit no. 201 (1), (II), (IIIA), (XVI, Sector-30, 2nd Floor, NH-8, Gurugram, HR, IND, 122001
Hindware Home Innovation Ltd is involved in manufacturing, selling, and trading building products, glass products, consumer products, plastic products, and retail businesses. Its product range includes Kitchen Ensemble, water heaters, air coolers, water purifiers, air purifiers, and window vents, among others. Some of its brands are Hindware, Moonbow, and Evok. The company operates through segments such as Building Products and Consumer Appliances. It functions in India and derives the majority of its revenue from the Building Products segment.
78GF Score

Get the complete analysis for NSE:HINDWAREAP

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

₹250.80
Price
₹305.80
GF Value