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. Kaynes Technology India's current ratio for the quarter that ended in Mar. 2026 was 2.23.
Kaynes Technology India has a current ratio of 2.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for Kaynes Technology India's Current Ratio or its related term are showing as below:
NSE:KAYNES'
s Current Ratio Range Over the Past 10 Years
Min: 1.18 Med: 1.6 Max: 3.51
Current: 2.23
During the past 7 years, Kaynes Technology India's highest Current Ratio was 3.51. The lowest was 1.18. And the median was 1.60.
NSE:KAYNES's Current Ratio is ranked better than 57.52% of 2493
companies
in the Hardware industry
Industry Median: 1.96
vs NSE:KAYNES: 2.23
Kaynes Technology India (NSE:KAYNES) 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.
Kaynes Technology India Current Ratio Related Terms
Kaynes Technology India 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.
For the Electronic Components subindustry, Kaynes Technology India'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.
Kaynes Technology India Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Kaynes Technology India's Current Ratio distribution charts can be found below:
* The bar in red indicates where Kaynes Technology India'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.
Kaynes Technology India (NSE:KAYNES) has a Current Ratio of 2.23 as of Mar. 2026. This is 39% above median its historical median of 1.60. Over the past decade, Kaynes Technology India's Current Ratio has ranged from 1.18 to 3.51. According to the industry distribution chart, Kaynes Technology India ranks #1059 out of 2493 companies in the Hardware industry, placing it in the top 42.5%.
Is Kaynes Technology India's Current Ratio too high?
Kaynes Technology India's current Current Ratio of 2.23 is 39% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 3.51. The Hardware industry median Current Ratio is 1.96. Kaynes Technology India's value of 2.23 is 13.8% above this industry median. Based on the distribution chart, Kaynes Technology India ranks #1059 out of 2493 companies in the Hardware industry, which is above the industry midpoint. Overall, Kaynes Technology India has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaynes Technology India's Current Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Kaynes Technology India ranks #1059 out of 2493 companies for Current Ratio. This puts Kaynes Technology India in the upper half of its industry. The industry median Current Ratio is 1.96. Kaynes Technology India's value of 2.23 is 13.8% above this benchmark. Historically, Kaynes Technology India's own Current Ratio has ranged from 1.18 to 3.51 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.96, Kaynes Technology India 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 Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,493 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. Kaynes Technology India's current Current Ratio of 2.23 is 13.8% 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 Hardware 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. Kaynes Technology India's current Current Ratio is 2.23, which is 39% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaynes Technology India stock overvalued right now?
Based on GuruFocus' analysis, Kaynes Technology India (NSE:KAYNES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6,787.85, compared to a current price of ₹3,312.60 — trading 51.2% below its estimated fair value. The current Current Ratio is 2.23, which is 39% above median its 10-year median of 1.60 and 13.8% above the Hardware industry median of 1.96. Kaynes Technology India's overall GF Score™ is 81/100 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 Kaynes Technology India (NSE:KAYNES), the current Current Ratio is 2.23 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 Kaynes Technology India (NSE:KAYNES) Overvalued in 2026?
Based on GuruFocus' analysis, Kaynes Technology India stock appears to be undervalued.
The current stock price of ₹3,312.60 is trading 51.2% below its estimated GF Value™ of ₹6,787.85.
GuruFocus considers Kaynes Technology India to be Possible Value Trap.
Key valuation signals for NSE:KAYNES:
Current Ratio: 2.23 (39% above median its 10-year median of 1.60)
GF Value™: ₹6,787.85 vs. price of ₹3,312.60 (51.2% below fair value)
Industry Position: 13.8% above the Hardware median (#1059 of 2493)
No single metric tells the full story. See the NSE:KAYNES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaynes Technology India Ltd is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things, Information Technology and other segments. The Company operates predominantly in one business segment which is Electronics Manufacturing Services.
81GF Score
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