Hisar Metal Industries (NSE:HISARMETAL) Current Ratio: 1.78 (As of Mar. 2026) — 12% Above Median

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NSE:HISARMETAL Hisar Metal Industries Ltd NSE:HISARMETAL
74 GF Score
Price ₹154.20
GF Value ₹206.43
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Hisar Metal Industries Current Ratio?

Hisar Metal Industries NSE:HISARMETAL 74 Current Ratio is 1.78 as of Mar. 2026, which is 12% above its 10-year median of 1.59. GuruFocus rates NSE:HISARMETAL with a GF Score™ of 74/100 and a GF Value™ of ₹206.43 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 634 Steel companies, Hisar Metal Industries ranks better than 54.73% 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. Hisar Metal Industries's current ratio for the quarter that ended in Mar. 2026 was 1.78.

Hisar Metal Industries has a current ratio of 1.78. It generally indicates good short-term financial strength.

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

NSE:HISARMETAL' s Current Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.59   Max: 1.78
Current: 1.78

During the past 13 years, Hisar Metal Industries's highest Current Ratio was 1.78. The lowest was 1.12. And the median was 1.59.

NSE:HISARMETAL's Current Ratio is ranked better than
54.73% of 634 companies
in the Steel industry
Industry Median: 1.63 vs NSE:HISARMETAL: 1.78

Hisar Metal Industries  (NSE:HISARMETAL) 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.


Hisar Metal Industries Current Ratio Related Terms


Hisar Metal Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Hisar Metal 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.

Hisar Metal Industries Current Ratio Chart

Hisar Metal 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 1.64 1.71 1.61 1.68 1.78

Hisar Metal 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 1.68 0.00 1.94 0.00 1.78

NSE:HISARMETAL vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, Hisar Metal 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.


Hisar Metal Industries Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Hisar Metal Industries's Current Ratio distribution charts can be found below:

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


NSE:HISARMETAL
74GF Score
Hisar Metal Industries Ltd NSE:HISARMETAL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hisar Metal 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.

Hisar Metal 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 )
=1271.4/714.6
=1.78

Hisar Metal 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 )
=1271.4/714.6
=1.78

* 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 1.78 mean?
Hisar Metal Industries (NSE:HISARMETAL) has a Current Ratio of 1.78 as of Mar. 2026. This is 12% above median its historical median of 1.59. Over the past decade, Hisar Metal Industries' Current Ratio has ranged from 1.12 to 1.78. According to the industry distribution chart, Hisar Metal Industries ranks #287 out of 634 companies in the Steel industry, placing it in the top 45.3%.
Is Hisar Metal Industries' Current Ratio too high?
Hisar Metal Industries' current Current Ratio of 1.78 is 12% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 1.78. The Steel industry median Current Ratio is 1.63. Hisar Metal Industries' value of 1.78 is 9.2% above this industry median. Based on the distribution chart, Hisar Metal Industries ranks #287 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Hisar Metal Industries has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hisar Metal Industries' Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Hisar Metal Industries ranks #287 out of 634 companies for Current Ratio. This puts Hisar Metal Industries in the upper half of its industry. The industry median Current Ratio is 1.63. Hisar Metal Industries' value of 1.78 is 9.2% above this benchmark. Historically, Hisar Metal Industries' own Current Ratio has ranged from 1.12 to 1.78 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 1.63, Hisar Metal 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. Hisar Metal Industries's current Current Ratio of 1.78 is 9.2% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hisar Metal Industries's current Current Ratio is 1.78, which is 12% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hisar Metal Industries stock overvalued right now?
Based on GuruFocus' analysis, Hisar Metal Industries (NSE:HISARMETAL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹206.43, compared to a current price of ₹154.20 — trading 25.3% below its estimated fair value. The current Current Ratio is 1.78, which is 12% above median its 10-year median of 1.59 and 9.2% above the Steel industry median of 1.63. Hisar Metal Industries' overall GF Score™ is 74/100 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 Hisar Metal Industries (NSE:HISARMETAL), the current Current Ratio is 1.78 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 Hisar Metal Industries (NSE:HISARMETAL) Overvalued in 2026?

Based on GuruFocus' analysis, Hisar Metal Industries stock appears to be undervalued. The current stock price of ₹154.20 is trading 25.3% below its estimated GF Value™ of ₹206.43. GuruFocus considers Hisar Metal Industries to be Modestly Undervalued.

Key valuation signals for NSE:HISARMETAL:

  • Current Ratio: 1.78 (12% above median its 10-year median of 1.59)
  • GF Value™: ₹206.43 vs. price of ₹154.20 (25.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 9.2% above the Steel median (#287 of 634)

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


Hisar Metal Industries Business Description

Other Exchanges 590018:India
Address Delhi Road, Near Industrial Development Colony, Hisar, HR, IND, 125 005
Hisar Metal Industries Ltd is an Indian-based company, operating in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strips and stainless steel tubes and pipes. The company generates maximum revenue from the Sale of Cold Rolled Stainless Steel strips.
74GF Score

Get the complete analysis for NSE:HISARMETAL

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

₹154.20
Price
₹206.43
GF Value