Jainam Ferro Alloys (I)NSE:JAINAM 87 Current Ratio is 2.04 as of Mar. 2026, which is 6% below its 10-year median of 2.17. GuruFocus rates NSE:JAINAM with a GF Score™ of 87/100 and a GF Value™ of ₹238.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 634 Steel companies, Jainam Ferro Alloys (I) ranks better than 59.94% 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. Jainam Ferro Alloys (I)'s current ratio for the quarter that ended in Mar. 2026 was 2.04.
Jainam Ferro Alloys (I) has a current ratio of 2.04. It generally indicates good short-term financial strength.
The historical rank and industry rank for Jainam Ferro Alloys (I)'s Current Ratio or its related term are showing as below:
NSE:JAINAM'
s Current Ratio Range Over the Past 10 Years
Min: 1.68 Med: 2.17 Max: 3.78
Current: 2.04
During the past 8 years, Jainam Ferro Alloys (I)'s highest Current Ratio was 3.78. The lowest was 1.68. And the median was 2.17.
NSE:JAINAM's Current Ratio is ranked better than 59.94% of 634
companies
in the Steel industry
Industry Median: 1.63
vs NSE:JAINAM: 2.04
Jainam Ferro Alloys (I) (NSE:JAINAM) 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.
Jainam Ferro Alloys (I) Current Ratio Related Terms
Jainam Ferro Alloys (I) Current Ratio Historical Data
* 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.
NSE:JAINAM vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Jainam Ferro Alloys (I)'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.
Jainam Ferro Alloys (I) Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Jainam Ferro Alloys (I)'s Current Ratio distribution charts can be found below:
* The bar in red indicates where Jainam Ferro Alloys (I)'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.
Jainam Ferro Alloys (I) (NSE:JAINAM) has a Current Ratio of 2.04 as of Mar. 2026. This is near median its historical median of 2.17. Over the past decade, Jainam Ferro Alloys (I)'s Current Ratio has ranged from 1.68 to 3.78. According to the industry distribution chart, Jainam Ferro Alloys (I) ranks #254 out of 634 companies in the Steel industry, placing it in the top 40.1%.
Is Jainam Ferro Alloys (I)'s Current Ratio too high?
Jainam Ferro Alloys (I)'s current Current Ratio of 2.04 is near median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 3.78. The Steel industry median Current Ratio is 1.63. Jainam Ferro Alloys (I)'s value of 2.04 is 25.2% above this industry median. Based on the distribution chart, Jainam Ferro Alloys (I) ranks #254 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Jainam Ferro Alloys (I) has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jainam Ferro Alloys (I)'s Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Jainam Ferro Alloys (I) ranks #254 out of 634 companies for Current Ratio. This puts Jainam Ferro Alloys (I) in the upper half of its industry. The industry median Current Ratio is 1.63. Jainam Ferro Alloys (I)'s value of 2.04 is 25.2% above this benchmark. Historically, Jainam Ferro Alloys (I)'s own Current Ratio has ranged from 1.68 to 3.78 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 1.63, Jainam Ferro Alloys (I) 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. Jainam Ferro Alloys (I)'s current Current Ratio of 2.04 is 25.2% 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. Jainam Ferro Alloys (I)'s current Current Ratio is 2.04, which is near median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jainam Ferro Alloys (I) stock overvalued right now?
Based on GuruFocus' analysis, Jainam Ferro Alloys (I) (NSE:JAINAM) is currently considered Fairly Valued. The stock's GF Value™ is ₹238.87, compared to a current price of ₹250.00 — trading 4.7% above its estimated fair value. The current Current Ratio is 2.04, which is near median its 10-year median of 2.17 and 25.2% above the Steel industry median of 1.63. Jainam Ferro Alloys (I)'s overall GF Score™ is 87/100 with 5 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 Jainam Ferro Alloys (I) (NSE:JAINAM), the current Current Ratio is 2.04 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 Jainam Ferro Alloys (I) (NSE:JAINAM) Overvalued in 2026?
Based on GuruFocus' analysis, Jainam Ferro Alloys (I) stock appears to be overvalued.
The current stock price of ₹250.00 is trading 4.7% above its estimated GF Value™ of ₹238.87.
GuruFocus considers Jainam Ferro Alloys (I) to be Fairly Valued.
Key valuation signals for NSE:JAINAM:
Current Ratio: 2.04 (near median its 10-year median of 2.17)
GF Value™: ₹238.87 vs. price of ₹250.00 (4.7% above fair value)
Industry Position: 25.2% above the Steel median (#254 of 634)
No single metric tells the full story. See the NSE:JAINAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jainam Ferro Alloys (I) Ltd is engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese and Silico manganese, largely used in the Steel industry. Ferro silicon, ferro silicon oxide, ferro silicon, ferro silicon, and ferro chrome are among the company's products. The company also generates revenue from trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys. It sells products within India.
87GF Score
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