Innovative Tyres & Tubes (NSE:ITTL) Current Ratio: 0.49 (As of Sep. 2025) — 44% Below Median


NSE:ITTL Innovative Tyres & Tubes Ltd NSE:ITTL
42 GF Score
Price ₹76.50
GF Value ₹67.01
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Innovative Tyres & Tubes Current Ratio?

Innovative Tyres & Tubes NSE:ITTL -1.92% 42 Current Ratio is 0.49 as of Sep. 2025, which is 44% below its 10-year median of 0.87. GuruFocus rates NSE:ITTL with a GF Score™ of 42/100 and a GF Value™ of ₹67.01 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Innovative Tyres & Tubes ranks worse than 98.06% 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. Innovative Tyres & Tubes's current ratio for the quarter that ended in Sep. 2025 was 0.49.

Innovative Tyres & Tubes has a current ratio of 0.49. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Innovative Tyres & Tubes 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 Innovative Tyres & Tubes's Current Ratio or its related term are showing as below:

NSE:ITTL' s Current Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.87   Max: 1.39
Current: 0.49

During the past 13 years, Innovative Tyres & Tubes's highest Current Ratio was 1.39. The lowest was 0.02. And the median was 0.87.

NSE:ITTL's Current Ratio is ranked worse than
98.06% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs NSE:ITTL: 0.49

Innovative Tyres & Tubes  (NSE:ITTL) 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.


Innovative Tyres & Tubes Current Ratio Related Terms


Innovative Tyres & Tubes Current Ratio Historical Data

* Premium members only.

The historical data trend for Innovative Tyres & Tubes'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.

Innovative Tyres & Tubes Current Ratio Chart

Innovative Tyres & Tubes Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.07 0.02 0.17 0.39

Innovative Tyres & Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.07 0.17 0.58 0.39 0.49

NSE:ITTL vs ORLY, AZO: Current Ratio Comparison

For the Auto Parts subindustry, Innovative Tyres & Tubes'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.


Innovative Tyres & Tubes Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Innovative Tyres & Tubes's Current Ratio distribution charts can be found below:

* The bar in red indicates where Innovative Tyres & Tubes's Current Ratio falls into.


NSE:ITTL
42GF Score
Innovative Tyres & Tubes Ltd NSE:ITTL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovative Tyres & Tubes 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.

Innovative Tyres & Tubes'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 )
=116.204/301.488
=0.39

Innovative Tyres & Tubes's Current Ratio for the quarter that ended in Sep. 2025 is calculated as

Current Ratio (Q: Sep. 2025 )=Total Current Assets (Q: Sep. 2025 )/Total Current Liabilities (Q: Sep. 2025 )
=184.798/379.25
=0.49

* 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 0.49 mean?
Innovative Tyres & Tubes (NSE:ITTL) has a Current Ratio of 0.49 as of Sep. 2025. This is 44% below median its historical median of 0.87. Over the past decade, Innovative Tyres & Tubes' Current Ratio has ranged from 0.02 to 1.39. According to the industry distribution chart, Innovative Tyres & Tubes ranks #1311 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 98.1%.
Is Innovative Tyres & Tubes' Current Ratio too high?
Innovative Tyres & Tubes' current Current Ratio of 0.49 is 44% below median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.39. The Vehicles & Parts industry median Current Ratio is 1.53. Innovative Tyres & Tubes' value of 0.49 is 68% below this industry median. Based on the distribution chart, Innovative Tyres & Tubes ranks #1311 out of 1337 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Innovative Tyres & Tubes has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tyres & Tubes' Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Innovative Tyres & Tubes ranks #1311 out of 1337 companies for Current Ratio. This places Innovative Tyres & Tubes in the lower half of its industry. The industry median Current Ratio is 1.53. Innovative Tyres & Tubes' value of 0.49 is 68% below this benchmark. Historically, Innovative Tyres & Tubes' own Current Ratio has ranged from 0.02 to 1.39 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 1.53, Innovative Tyres & Tubes 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Innovative Tyres & Tubes's current Current Ratio of 0.49 is 68% 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Tyres & Tubes's current Current Ratio is 0.49, which is 44% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tyres & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tyres & Tubes (NSE:ITTL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹67.01, compared to a current price of ₹76.50 — trading 14.2% above its estimated fair value. The current Current Ratio is 0.49, which is 44% below median its 10-year median of 0.87 and 68% below the Vehicles & Parts industry median of 1.53. Innovative Tyres & Tubes' overall GF Score™ is 42/100 with 6 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 Innovative Tyres & Tubes (NSE:ITTL), the current Current Ratio is 0.49 as of Sep. 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.

Is Innovative Tyres & Tubes (NSE:ITTL) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Tyres & Tubes stock appears to be overvalued. The current stock price of ₹76.50 is trading 14.2% above its estimated GF Value™ of ₹67.01. GuruFocus considers Innovative Tyres & Tubes to be Modestly Overvalued.

Key valuation signals for NSE:ITTL:

  • Current Ratio: 0.49 (44% below median its 10-year median of 0.87)
  • GF Value™: ₹67.01 vs. price of ₹76.50 (14.2% above fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 68% below the Vehicles & Parts median (#1311 of 1337)

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


Innovative Tyres & Tubes Business Description

Address 1201, 1202, 1203 GIDC Halol, Panchmahal, Halol, GJ, IND, 389350
Innovative Tyres & Tubes Ltd is a manufacturer and exporter of Bias Tyres in India, generating the majority of its revenue domestically. The company offers a product portfolio across the Truck/Bus, Agricultural & OTR, and Motorcycle/3-wheeler segments from two nearby manufacturing units. Its product range includes tyres for light motorcycles up to heavy off-the-road mining vehicles. The company serves both domestic and export markets, supplying to over 40 countries and partnering with brands in India. Its product lineup includes mining tyres, agriculture tyres, motorcycle and scooter tyres, three-wheeler and passenger vehicle tyres, light-truck, truck and bus tyres, and special-purpose tyres.
42GF Score

Get the complete analysis for NSE:ITTL

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

₹76.50
Price
₹67.01
GF Value