KIOCLNSE:KIOCL +1.03%51 Current Ratio is 3.38 as of Mar. 2026, which is 51% below its 10-year median of 6.91. GuruFocus rates NSE:KIOCL with a GF Score™ of 51/100 and a GF Value™ of ₹170.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 634 Steel companies, KIOCL ranks better than 78.55% 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. KIOCL's current ratio for the quarter that ended in Mar. 2026 was 3.38.
KIOCL has a current ratio of 3.38. 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 KIOCL's Current Ratio or its related term are showing as below:
NSE:KIOCL'
s Current Ratio Range Over the Past 10 Years
Min: 2.65 Med: 6.91 Max: 9.78
Current: 3.38
During the past 13 years, KIOCL's highest Current Ratio was 9.78. The lowest was 2.65. And the median was 6.91.
NSE:KIOCL's Current Ratio is ranked better than 78.55% of 634
companies
in the Steel industry
Industry Median: 1.63
vs NSE:KIOCL: 3.38
KIOCL (NSE:KIOCL) 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.
KIOCL Current Ratio Related Terms
KIOCL Current Ratio Historical Data
* Premium members only.
The historical data trend for KIOCL'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.
NSE:KIOCL vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, KIOCL'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.
KIOCL Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, KIOCL's Current Ratio distribution charts can be found below:
* The bar in red indicates where KIOCL'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.
KIOCL (NSE:KIOCL) has a Current Ratio of 3.38 as of Mar. 2026. This is 51% below median its historical median of 6.91. Over the past decade, KIOCL's Current Ratio has ranged from 2.65 to 9.78. According to the industry distribution chart, KIOCL ranks #136 out of 634 companies in the Steel industry, placing it in the top 21.5%.
Is KIOCL's Current Ratio too high?
KIOCL's current Current Ratio of 3.38 is 51% below median its 10-year median of 6.91. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 9.78. The Steel industry median Current Ratio is 1.63. KIOCL's value of 3.38 is 107.4% above this industry median. Based on the distribution chart, KIOCL ranks #136 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, KIOCL has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KIOCL's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, KIOCL ranks #136 out of 634 companies for Current Ratio. This places KIOCL in the top 22% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. KIOCL's value of 3.38 is 107.4% above this benchmark. Historically, KIOCL's own Current Ratio has ranged from 2.65 to 9.78 over the past decade. While the company's 10-year median is 6.91 vs. the industry median of 1.63, KIOCL 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. KIOCL's current Current Ratio of 3.38 is 107.4% 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. KIOCL's current Current Ratio is 3.38, which is 51% below median its own 10-year median of 6.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KIOCL stock overvalued right now?
Based on GuruFocus' analysis, KIOCL (NSE:KIOCL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹170.64, compared to a current price of ₹380.95 — trading 123.2% above its estimated fair value. The current Current Ratio is 3.38, which is 51% below median its 10-year median of 6.91 and 107.4% above the Steel industry median of 1.63. KIOCL's overall GF Score™ is 51/100 with 3 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 KIOCL (NSE:KIOCL), the current Current Ratio is 3.38 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 KIOCL (NSE:KIOCL) Overvalued in 2026?
Based on GuruFocus' analysis, KIOCL stock appears to be overvalued.
The current stock price of ₹380.95 is trading 123.2% above its estimated GF Value™ of ₹170.64.
GuruFocus considers KIOCL to be Significantly Overvalued.
Key valuation signals for NSE:KIOCL:
Current Ratio: 3.38 (51% below median its 10-year median of 6.91)
GF Value™: ₹170.64 vs. price of ₹380.95 (123.2% above fair value)
Industry Position: 107.4% above the Steel median (#136 of 634)
No single metric tells the full story. See the NSE:KIOCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KIOCL Ltd is engaged in the manufacturing and export of iron oxide pellets. It operates a pellet plant in Mangalore with a large production capacity, producing high-grade iron ore pellets used in steelmaking. KIOCL generates majority of its revenue from the production and sale of iron ore pellets and fines, with exports to various international markets. The company integrates mining and processing operations to maintain quality and cost efficiency, and is known for its sustainable mining practices. Its operations are majorly based in Karnataka, India, with emphasis on increasing production capacity and expanding market reach globally. It mainly operates through two business segments namely Pellet Production and Pig Iron Manufacturing.
51GF Score
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