HPL Electric & PowerNSE:HPL +0.36%79 Current Ratio is 1.36 as of Mar. 2026, which is 2% below its 10-year median of 1.39. GuruFocus rates NSE:HPL with a GF Score™ of 79/100 and a GF Value™ of ₹466.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,073 Industrial Products companies, HPL Electric & Power ranks worse than 76.11% 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. HPL Electric & Power's current ratio for the quarter that ended in Mar. 2026 was 1.36.
HPL Electric & Power has a current ratio of 1.36. It generally indicates good short-term financial strength.
The historical rank and industry rank for HPL Electric & Power's Current Ratio or its related term are showing as below:
NSE:HPL'
s Current Ratio Range Over the Past 10 Years
Min: 1.32 Med: 1.39 Max: 1.51
Current: 1.36
During the past 12 years, HPL Electric & Power's highest Current Ratio was 1.51. The lowest was 1.32. And the median was 1.39.
NSE:HPL's Current Ratio is ranked worse than 76.11% of 3073
companies
in the Industrial Products industry
Industry Median: 1.96
vs NSE:HPL: 1.36
HPL Electric & Power (NSE:HPL) 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.
HPL Electric & Power Current Ratio Related Terms
HPL Electric & Power Current Ratio Historical Data
* Premium members only.
The historical data trend for HPL Electric & Power'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.
For the Electrical Equipment & Parts subindustry, HPL Electric & Power'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.
HPL Electric & Power Current Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HPL Electric & Power's Current Ratio distribution charts can be found below:
* The bar in red indicates where HPL Electric & Power's Current Ratio falls into.
* 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.
HPL Electric & Power (NSE:HPL) has a Current Ratio of 1.36 as of Mar. 2026. This is near median its historical median of 1.39. Over the past decade, HPL Electric & Power's Current Ratio has ranged from 1.32 to 1.51. According to the industry distribution chart, HPL Electric & Power ranks #2339 out of 3073 companies in the Industrial Products industry, placing it in the top 76.1%.
Is HPL Electric & Power's Current Ratio too high?
HPL Electric & Power's current Current Ratio of 1.36 is near median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 1.51. The Industrial Products industry median Current Ratio is 1.96. HPL Electric & Power's value of 1.36 is 30.6% below this industry median. Based on the distribution chart, HPL Electric & Power ranks #2339 out of 3073 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, HPL Electric & Power has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HPL Electric & Power's Current Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, HPL Electric & Power ranks #2339 out of 3073 companies for Current Ratio. This places HPL Electric & Power in the lower half of its industry. The industry median Current Ratio is 1.96. HPL Electric & Power's value of 1.36 is 30.6% below this benchmark. Historically, HPL Electric & Power's own Current Ratio has ranged from 1.32 to 1.51 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.96, HPL Electric & Power 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. HPL Electric & Power's current Current Ratio of 1.36 is 30.6% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HPL Electric & Power's current Current Ratio is 1.36, which is near median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HPL Electric & Power stock overvalued right now?
Based on GuruFocus' analysis, HPL Electric & Power (NSE:HPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹466.26, compared to a current price of ₹360.25 — trading 22.7% below its estimated fair value. The current Current Ratio is 1.36, which is near median its 10-year median of 1.39 and 30.6% below the Industrial Products industry median of 1.96. HPL Electric & Power's overall GF Score™ is 79/100 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 HPL Electric & Power (NSE:HPL), the current Current Ratio is 1.36 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 HPL Electric & Power (NSE:HPL) Overvalued in 2026?
Based on GuruFocus' analysis, HPL Electric & Power stock appears to be undervalued.
The current stock price of ₹360.25 is trading 22.7% below its estimated GF Value™ of ₹466.26.
GuruFocus considers HPL Electric & Power to be Modestly Undervalued.
Key valuation signals for NSE:HPL:
Current Ratio: 1.36 (near median its 10-year median of 1.39)
GF Value™: ₹466.26 vs. price of ₹360.25 (22.7% below fair value)
Industry Position: 30.6% below the Industrial Products median (#2339 of 3073)
No single metric tells the full story. See the NSE:HPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HPL Electric & Power Ltd is an Indian company engaged in manufacturing electric equipment across the key verticals: Metering, Switchgear, Lighting and Electronics, and Cables. The company operates in two segments: Metering, systems & services, and Consumer, Industrial & services. It derives key revenue from the Metering, Systems & Services segment. The product portfolio includes digital panel meters, smart Meters, Net Meters for Solar Rooftops, Prepaid Metering Solutions, Ebrit Digital Panel Meters, cordless chimes, and Trivector Meters. Geographically, the majority of its revenue is generated in India.
79GF Score
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