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. Keynote Financial Services's current ratio for the quarter that ended in Mar. 2026 was 12.62.
Keynote Financial Services has a current ratio of 12.62. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Keynote Financial Services's Current Ratio or its related term are showing as below:
NSE:KEYFINSERV'
s Current Ratio Range Over the Past 10 Years
Min: 1.39 Med: 7 Max: 14.52
Current: 12.62
During the past 13 years, Keynote Financial Services's highest Current Ratio was 14.52. The lowest was 1.39. And the median was 7.00.
NSE:KEYFINSERV's Current Ratio is ranked better than 80.7% of 689
companies
in the Capital Markets industry
Industry Median: 2.3
vs NSE:KEYFINSERV: 12.62
Keynote Financial Services (NSE:KEYFINSERV) 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.
Keynote Financial Services Current Ratio Related Terms
Keynote Financial Services 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:KEYFINSERV vs MS, GS, SCHW: Current Ratio Comparison
For the Capital Markets subindustry, Keynote Financial Services'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.
Keynote Financial Services Current Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Keynote Financial Services's Current Ratio distribution charts can be found below:
* The bar in red indicates where Keynote Financial Services'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.
Keynote Financial Services (NSE:KEYFINSERV) has a Current Ratio of 12.62 as of Mar. 2026. This is 80% above median its historical median of 7.00. Over the past decade, Keynote Financial Services' Current Ratio has ranged from 1.39 to 14.52. According to the industry distribution chart, Keynote Financial Services ranks #133 out of 689 companies in the Capital Markets industry, placing it in the top 19.3%.
Is Keynote Financial Services' Current Ratio too high?
Keynote Financial Services' current Current Ratio of 12.62 is 80% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 14.52. The Capital Markets industry median Current Ratio is 2.30. Keynote Financial Services' value of 12.62 is 448.7% above this industry median. Based on the distribution chart, Keynote Financial Services ranks #133 out of 689 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Keynote Financial Services has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keynote Financial Services' Current Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Keynote Financial Services ranks #133 out of 689 companies for Current Ratio. This places Keynote Financial Services in the top 19% of its industry — outperforming the majority of peers. The industry median Current Ratio is 2.30. Keynote Financial Services' value of 12.62 is 448.7% above this benchmark. Historically, Keynote Financial Services' own Current Ratio has ranged from 1.39 to 14.52 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 2.30, Keynote Financial Services 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 Capital Markets company?
The median Current Ratio among Capital Markets companies is 2.30, based on 689 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. Keynote Financial Services's current Current Ratio of 12.62 is 448.7% 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 Capital Markets industry, the median Current Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keynote Financial Services's current Current Ratio is 12.62, which is 80% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keynote Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Keynote Financial Services (NSE:KEYFINSERV) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹222.65, compared to a current price of ₹276.83 — trading 24.3% above its estimated fair value. The current Current Ratio is 12.62, which is 80% above median its 10-year median of 7.00 and 448.7% above the Capital Markets industry median of 2.30. Keynote Financial Services' overall GF Score™ is 78/100 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 Keynote Financial Services (NSE:KEYFINSERV), the current Current Ratio is 12.62 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 Keynote Financial Services (NSE:KEYFINSERV) Overvalued in 2026?
Based on GuruFocus' analysis, Keynote Financial Services stock appears to be overvalued.
The current stock price of ₹276.83 is trading 24.3% above its estimated GF Value™ of ₹222.65.
GuruFocus considers Keynote Financial Services to be Modestly Overvalued.
Key valuation signals for NSE:KEYFINSERV:
Current Ratio: 12.62 (80% above median its 10-year median of 7.00)
GF Value™: ₹222.65 vs. price of ₹276.83 (24.3% above fair value)
Industry Position: 448.7% above the Capital Markets median (#133 of 689)
No single metric tells the full story. See the NSE:KEYFINSERV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Merchant banking segment. Geographically, it generates the majority of the revenue from India. Broking and other related activities include broking services to clients, advisory services, depository services, etc. Investment banking represents the results of raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
78GF Score
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