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Lagnam SpintexNSE:LAGNAM +1.82%92 Current Ratio is 1.03 as of Mar. 2026, which is 20% below its 10-year median of 1.28. GuruFocus rates NSE:LAGNAM with a GF Score™ of 92/100 and a GF Value™ of ₹133.10 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Lagnam Spintex ranks worse than 82.74% 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. Lagnam Spintex's current ratio for the quarter that ended in Mar. 2026 was 1.03.
Lagnam Spintex has a current ratio of 1.03. It generally indicates good short-term financial strength.
The historical rank and industry rank for Lagnam Spintex's Current Ratio or its related term are showing as below:
NSE:LAGNAM'
s Current Ratio Range Over the Past 10 Years
Min: 1.03 Med: 1.28 Max: 1.91
Current: 1.03
During the past 13 years, Lagnam Spintex's highest Current Ratio was 1.91. The lowest was 1.03. And the median was 1.28.
NSE:LAGNAM's Current Ratio is ranked worse than 82.74% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.805
vs NSE:LAGNAM: 1.03
Lagnam Spintex (NSE:LAGNAM) 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.
Lagnam Spintex Current Ratio Related Terms
Lagnam Spintex Current Ratio Historical Data
* Premium members only.
The historical data trend for Lagnam Spintex'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.
Lagnam Spintex Current Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Lagnam Spintex'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.
Lagnam Spintex Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lagnam Spintex's Current Ratio distribution charts can be found below:
* The bar in red indicates where Lagnam Spintex'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.
Lagnam Spintex (NSE:LAGNAM) has a Current Ratio of 1.03 as of Mar. 2026. This is 20% below median its historical median of 1.28. Over the past decade, Lagnam Spintex's Current Ratio has ranged from 1.03 to 1.91. According to the industry distribution chart, Lagnam Spintex ranks #882 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.7%.
Is Lagnam Spintex's Current Ratio too high?
Lagnam Spintex's current Current Ratio of 1.03 is 20% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 1.91. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.81. Lagnam Spintex's value of 1.03 is 42.9% below this industry median. Based on the distribution chart, Lagnam Spintex ranks #882 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Lagnam Spintex has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lagnam Spintex's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lagnam Spintex ranks #882 out of 1066 companies for Current Ratio. This places Lagnam Spintex in the lower half of its industry. The industry median Current Ratio is 1.81. Lagnam Spintex's value of 1.03 is 42.9% below this benchmark. Historically, Lagnam Spintex's own Current Ratio has ranged from 1.03 to 1.91 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.81, Lagnam Spintex has consistently been below 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 1,066 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. Lagnam Spintex's current Current Ratio of 1.03 is 42.9% below 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. Lagnam Spintex's current Current Ratio is 1.03, which is 20% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lagnam Spintex stock overvalued right now?
Based on GuruFocus' analysis, Lagnam Spintex (NSE:LAGNAM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹133.10, compared to a current price of ₹81.56 — trading 38.7% below its estimated fair value. The current Current Ratio is 1.03, which is 20% below median its 10-year median of 1.28 and 42.9% below the Manufacturing - Apparel & Accessories industry median of 1.81. Lagnam Spintex's overall GF Score™ is 92/100 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 Lagnam Spintex (NSE:LAGNAM), the current Current Ratio is 1.03 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 Lagnam Spintex (NSE:LAGNAM) Overvalued in 2026?
Based on GuruFocus' analysis, Lagnam Spintex stock appears to be undervalued.
The current stock price of ₹81.56 is trading 38.7% below its estimated GF Value™ of ₹133.10.
GuruFocus considers Lagnam Spintex to be Possible Value Trap.
Key valuation signals for NSE:LAGNAM:
Current Ratio: 1.03 (20% below median its 10-year median of 1.28)
GF Value™: ₹133.10 vs. price of ₹81.56 (38.7% below fair value)
Industry Position: 42.9% below the Manufacturing - Apparel & Accessories median (#882 of 1066)
No single metric tells the full story. See the NSE:LAGNAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lagnam Spintex Ltd is an Indian textile company. The company is engaged in the business of manufacturing high-quality yarn for the domestic and export markets. The company's operation is predominantly related to textiles. Hence primary reportable segment is textile only. Its yarn products are used in Denim, Terry Towels, Bottom Wears, Home Textiles, and Industrial Fabrics. It exports cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovenia, Columbia, China, Pakistan, Bangladesh, and others.
92GF Score
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