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Laxmi India FinanceNSE:LAXMIINDIA -0.37%10 Current Ratio is 502.57 as of Mar. 2026, which is 38264% above its 10-year median of 1.31. GuruFocus rates NSE:LAXMIINDIA with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 401 Credit Services companies, Laxmi India Finance ranks better than 93.02% 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. Laxmi India Finance's current ratio for the quarter that ended in Mar. 2026 was 502.57.
Laxmi India Finance has a current ratio of 502.57. 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 Laxmi India Finance's Current Ratio or its related term are showing as below:
NSE:LAXMIINDIA'
s Current Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.31 Max: 502.57
Current: 502.57
During the past 5 years, Laxmi India Finance's highest Current Ratio was 502.57. The lowest was 1.07. And the median was 1.31.
NSE:LAXMIINDIA's Current Ratio is ranked better than 93.02% of 401
companies
in the Credit Services industry
Industry Median: 3.7
vs NSE:LAXMIINDIA: 502.57
Laxmi India Finance (NSE:LAXMIINDIA) 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.
Laxmi India Finance Current Ratio Related Terms
Laxmi India Finance Current Ratio Historical Data
* Premium members only.
The historical data trend for Laxmi India Finance'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:LAXMIINDIA vs V, MA, AXP: Current Ratio Comparison
For the Credit Services subindustry, Laxmi India Finance'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.
Laxmi India Finance Current Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Laxmi India Finance's Current Ratio distribution charts can be found below:
* The bar in red indicates where Laxmi India Finance'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.
Laxmi India Finance (NSE:LAXMIINDIA) has a Current Ratio of 502.57 as of Mar. 2026. This is 38264% above median its historical median of 1.31. Over the past decade, Laxmi India Finance's Current Ratio has ranged from 1.07 to 502.57. According to the industry distribution chart, Laxmi India Finance ranks #28 out of 401 companies in the Credit Services industry, placing it in the top 7%.
Is Laxmi India Finance's Current Ratio too high?
Laxmi India Finance's current Current Ratio of 502.57 is 38264% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 502.57. The Credit Services industry median Current Ratio is 3.70. Laxmi India Finance's value of 502.57 is 13483% above this industry median. Based on the distribution chart, Laxmi India Finance ranks #28 out of 401 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Laxmi India Finance has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi India Finance's Current Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Laxmi India Finance ranks #28 out of 401 companies for Current Ratio. This places Laxmi India Finance in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 3.70. Laxmi India Finance's value of 502.57 is 13483% above this benchmark. Historically, Laxmi India Finance's own Current Ratio has ranged from 1.07 to 502.57 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 3.70, Laxmi India Finance 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 Credit Services company?
The median Current Ratio among Credit Services companies is 3.70, based on 401 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. Laxmi India Finance's current Current Ratio of 502.57 is 13483% 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 Credit Services industry, the median Current Ratio is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi India Finance's current Current Ratio is 502.57, which is 38264% above median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi India Finance stock overvalued right now?
Laxmi India Finance (NSE:LAXMIINDIA) has a current Current Ratio of 502.57. The current Current Ratio is 502.57, which is 38264% above median its 10-year median of 1.31 and 13483% above the Credit Services industry median of 3.70. Laxmi India Finance's overall GF Score™ is 10/100 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 Laxmi India Finance (NSE:LAXMIINDIA), the current Current Ratio is 502.57 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.
Laxmi India Finance Ltd is a non-deposit taking non-banking financial company focused on serving the financial needs of underserved customers in India's lending market. Its operational network spans across approximately 158 branches in rural, semi-urban and urban areas in the states of Rajasthan, Gujarat, Madhya Pradesh, Chhattisgarh and Uttar Pradesh. Its product portfolio includes MSME loans, vehicle loans, construction loans and other lending products catering to the diverse financial needs of its customers. The company's MSME lending fuels economic growth and promotes financial inclusion by supporting small businesses and entrepreneurs, with over 80% of its MSME loans qualifying as Priority Sector Lending under RBI guidelines.
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