Jindal WorldwideNSE:JINDWORLD -1.04%61 Current Ratio is 1.91 as of Mar. 2026, which is 16% above its 10-year median of 1.65. GuruFocus rates NSE:JINDWORLD with a GF Score™ of 61/100 and a GF Value™ of ₹76.22 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Jindal Worldwide ranks better than 53.62% 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. Jindal Worldwide's current ratio for the quarter that ended in Mar. 2026 was 1.91.
Jindal Worldwide has a current ratio of 1.91. It generally indicates good short-term financial strength.
The historical rank and industry rank for Jindal Worldwide's Current Ratio or its related term are showing as below:
NSE:JINDWORLD'
s Current Ratio Range Over the Past 10 Years
Min: 1.22 Med: 1.65 Max: 1.91
Current: 1.91
During the past 13 years, Jindal Worldwide's highest Current Ratio was 1.91. The lowest was 1.22. And the median was 1.65.
NSE:JINDWORLD's Current Ratio is ranked better than 53.62% of 1063
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.81
vs NSE:JINDWORLD: 1.91
Jindal Worldwide (NSE:JINDWORLD) 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.
Jindal Worldwide Current Ratio Related Terms
Jindal Worldwide Current Ratio Historical Data
* Premium members only.
The historical data trend for Jindal Worldwide'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.
Jindal Worldwide Current Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Jindal Worldwide'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.
Jindal Worldwide Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jindal Worldwide's Current Ratio distribution charts can be found below:
* The bar in red indicates where Jindal Worldwide'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.
Jindal Worldwide (NSE:JINDWORLD) has a Current Ratio of 1.91 as of Mar. 2026. This is 16% above median its historical median of 1.65. Over the past decade, Jindal Worldwide's Current Ratio has ranged from 1.22 to 1.91. According to the industry distribution chart, Jindal Worldwide ranks #493 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46.4%.
Is Jindal Worldwide's Current Ratio too high?
Jindal Worldwide's current Current Ratio of 1.91 is 16% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 1.91. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. Jindal Worldwide's value of 1.91 is 5.5% above this industry median. Based on the distribution chart, Jindal Worldwide ranks #493 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Jindal Worldwide has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Worldwide's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jindal Worldwide ranks #493 out of 1063 companies for Current Ratio. This puts Jindal Worldwide in the upper half of its industry. The industry median Current Ratio is 1.81. Jindal Worldwide's value of 1.91 is 5.5% above this benchmark. Historically, Jindal Worldwide's own Current Ratio has ranged from 1.22 to 1.91 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.81, Jindal Worldwide 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.81, based on 1,063 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. Jindal Worldwide's current Current Ratio of 1.91 is 5.5% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jindal Worldwide's current Current Ratio is 1.91, which is 16% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Jindal Worldwide (NSE:JINDWORLD) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹76.22, compared to a current price of ₹29.53 — trading 61.3% below its estimated fair value. The current Current Ratio is 1.91, which is 16% above median its 10-year median of 1.65 and 5.5% above the Manufacturing - Apparel & Accessories industry median of 1.81. Jindal Worldwide's overall GF Score™ is 61/100 with 4 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 Jindal Worldwide (NSE:JINDWORLD), the current Current Ratio is 1.91 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 Jindal Worldwide (NSE:JINDWORLD) Overvalued in 2026?
Based on GuruFocus' analysis, Jindal Worldwide stock appears to be undervalued.
The current stock price of ₹29.53 is trading 61.3% below its estimated GF Value™ of ₹76.22.
GuruFocus considers Jindal Worldwide to be Significantly Undervalued.
Key valuation signals for NSE:JINDWORLD:
Current Ratio: 1.91 (16% above median its 10-year median of 1.65)
GF Value™: ₹76.22 vs. price of ₹29.53 (61.3% below fair value)
Industry Position: 5.5% above the Manufacturing - Apparel & Accessories median (#493 of 1063)
No single metric tells the full story. See the NSE:JINDWORLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jindal Worldwide Ltd manufactures, sells, and exports denim and home textiles. Its products include denim fabrics, bottom-weight fabric, shirting fabric, yarn-dyed fabric and bedsheets. The company provides products and services in the textiles, chemicals, finance, and trading areas. It operates in one segment Textiles.
61GF Score
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