Ishan International (NSE:ISHAN) Current Ratio: 2.60 (As of Mar. 2026) — 97% Above Median

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NSE:ISHAN Ishan International Ltd NSE:ISHAN
40 GF Score
Price ₹0.50
GF Value ₹0.45
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ishan International Current Ratio?

Ishan International NSE:ISHAN 40 Current Ratio is 2.60 as of Mar. 2026, which is 97% above its 10-year median of 1.32. GuruFocus rates NSE:ISHAN with a GF Score™ of 40/100 and a GF Value™ of ₹0.45 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 211 Farm & Heavy Construction Machinery companies, Ishan International ranks better than 72.04% 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. Ishan International's current ratio for the quarter that ended in Mar. 2026 was 2.60.

Ishan International has a current ratio of 2.60. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ishan International's Current Ratio or its related term are showing as below:

NSE:ISHAN' s Current Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.32   Max: 2.86
Current: 2.6

During the past 7 years, Ishan International's highest Current Ratio was 2.86. The lowest was 1.24. And the median was 1.32.

NSE:ISHAN's Current Ratio is ranked better than
72.04% of 211 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.8 vs NSE:ISHAN: 2.60

Ishan International  (NSE:ISHAN) 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.


Ishan International Current Ratio Related Terms


Ishan International Current Ratio Historical Data

* Premium members only.

The historical data trend for Ishan International'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.

Ishan International Current Ratio Chart

Ishan International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.31 2.86 1.24 1.35 2.60

Ishan International Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 1.29 1.35 1.60 2.60

NSE:ISHAN vs CAT, DE, PCAR: Current Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Ishan International'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.


Ishan International Current Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ishan International's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ishan International's Current Ratio falls into.


NSE:ISHAN
40GF Score
Ishan International Ltd NSE:ISHAN
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ishan International 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.

Ishan International'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 )
=280.065/107.895
=2.60

Ishan International'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 )
=280.065/107.895
=2.60

* 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 2.60 mean?
Ishan International (NSE:ISHAN) has a Current Ratio of 2.60 as of Mar. 2026. This is 97% above median its historical median of 1.32. Over the past decade, Ishan International's Current Ratio has ranged from 1.24 to 2.86. According to the industry distribution chart, Ishan International ranks #59 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 28%.
Is Ishan International's Current Ratio too high?
Ishan International's current Current Ratio of 2.60 is 97% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.86. The Farm & Heavy Construction Machinery industry median Current Ratio is 1.80. Ishan International's value of 2.60 is 44.4% above this industry median. Based on the distribution chart, Ishan International ranks #59 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Ishan International has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ishan International's Current Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ishan International ranks #59 out of 211 companies for Current Ratio. This puts Ishan International in the upper half of its industry. The industry median Current Ratio is 1.80. Ishan International's value of 2.60 is 44.4% above this benchmark. Historically, Ishan International's own Current Ratio has ranged from 1.24 to 2.86 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.80, Ishan International 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 Farm & Heavy Construction Machinery company?
The median Current Ratio among Farm & Heavy Construction Machinery companies is 1.80, based on 211 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. Ishan International's current Current Ratio of 2.60 is 44.4% 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 Farm & Heavy Construction Machinery industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ishan International's current Current Ratio is 2.60, which is 97% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ishan International stock overvalued right now?
Based on GuruFocus' analysis, Ishan International (NSE:ISHAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹0.45, compared to a current price of ₹0.50 — trading 11.1% above its estimated fair value. The current Current Ratio is 2.60, which is 97% above median its 10-year median of 1.32 and 44.4% above the Farm & Heavy Construction Machinery industry median of 1.80. Ishan International's overall GF Score™ is 40/100 with 8 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 Ishan International (NSE:ISHAN), the current Current Ratio is 2.60 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 Ishan International (NSE:ISHAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ishan International stock appears to be overvalued. The current stock price of ₹0.50 is trading 11.1% above its estimated GF Value™ of ₹0.45. GuruFocus considers Ishan International to be Modestly Overvalued.

Key valuation signals for NSE:ISHAN:

  • Current Ratio: 2.60 (97% above median its 10-year median of 1.32)
  • GF Value™: ₹0.45 vs. price of ₹0.50 (11.1% above fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 44.4% above the Farm & Heavy Construction Machinery median (#59 of 211)

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


Ishan International Business Description

Address 1616, WTT Building, Sector 16, Noida, UP, IND, 201301
Ishan International Ltd is a heavy engineering company. It is engaged in the business of EPC contracting and building projects that focus on supplying machines, erection/installation, commissioning, and operational training for sugar plants, jaggery plants, pharmaceutical plants, hydropower plants, and pollution control systems. The company also provides high-end engineering services and solutions for all types of activities in Hydro Power, Sugar and Jaggery, Pharmaceuticals, and Pollution Control Systems.
40GF Score

Get the complete analysis for NSE:ISHAN

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

₹0.50
Price
₹0.45
GF Value