Mahickra ChemicalsNSE:MAHICKRA +2.04%60 Current Ratio is 3.06 as of Mar. 2026, which is 68% above its 10-year median of 1.82. GuruFocus rates NSE:MAHICKRA with a GF Score™ of 60/100 and a GF Value™ of ₹155.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,604 Chemicals companies, Mahickra Chemicals ranks better than 73% 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. Mahickra Chemicals's current ratio for the quarter that ended in Mar. 2026 was 3.06.
Mahickra Chemicals has a current ratio of 3.06. 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 Mahickra Chemicals's Current Ratio or its related term are showing as below:
NSE:MAHICKRA'
s Current Ratio Range Over the Past 10 Years
Min: 1.29 Med: 1.82 Max: 3.06
Current: 3.06
During the past 13 years, Mahickra Chemicals's highest Current Ratio was 3.06. The lowest was 1.29. And the median was 1.82.
NSE:MAHICKRA's Current Ratio is ranked better than 73% of 1604
companies
in the Chemicals industry
Industry Median: 1.89
vs NSE:MAHICKRA: 3.06
Mahickra Chemicals (NSE:MAHICKRA) 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.
Mahickra Chemicals Current Ratio Related Terms
Mahickra Chemicals Current Ratio Historical Data
* Premium members only.
The historical data trend for Mahickra Chemicals'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:MAHICKRA vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Mahickra Chemicals'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.
Mahickra Chemicals Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mahickra Chemicals'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.
Mahickra Chemicals (NSE:MAHICKRA) has a Current Ratio of 3.06 as of Mar. 2026. This is 68% above median its historical median of 1.82. Over the past decade, Mahickra Chemicals' Current Ratio has ranged from 1.29 to 3.06. According to the industry distribution chart, Mahickra Chemicals ranks #433 out of 1604 companies in the Chemicals industry, placing it in the top 27%.
Is Mahickra Chemicals' Current Ratio too high?
Mahickra Chemicals' current Current Ratio of 3.06 is 68% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 3.06. The Chemicals industry median Current Ratio is 1.89. Mahickra Chemicals' value of 3.06 is 61.9% above this industry median. Based on the distribution chart, Mahickra Chemicals ranks #433 out of 1604 companies in the Chemicals industry, which is above the industry midpoint. Overall, Mahickra Chemicals has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahickra Chemicals' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mahickra Chemicals ranks #433 out of 1604 companies for Current Ratio. This puts Mahickra Chemicals in the upper half of its industry. The industry median Current Ratio is 1.89. Mahickra Chemicals' value of 3.06 is 61.9% above this benchmark. Historically, Mahickra Chemicals' own Current Ratio has ranged from 1.29 to 3.06 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.89, Mahickra Chemicals 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,604 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. Mahickra Chemicals's current Current Ratio of 3.06 is 61.9% 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 Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahickra Chemicals's current Current Ratio is 3.06, which is 68% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahickra Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mahickra Chemicals (NSE:MAHICKRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹155.07, compared to a current price of ₹250.50 — trading 61.5% above its estimated fair value. The current Current Ratio is 3.06, which is 68% above median its 10-year median of 1.82 and 61.9% above the Chemicals industry median of 1.89. Mahickra Chemicals' overall GF Score™ is 60/100 with 5 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 Mahickra Chemicals (NSE:MAHICKRA), the current Current Ratio is 3.06 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 Mahickra Chemicals (NSE:MAHICKRA) Overvalued in 2026?
Based on GuruFocus' analysis, Mahickra Chemicals stock appears to be overvalued.
The current stock price of ₹250.50 is trading 61.5% above its estimated GF Value™ of ₹155.07.
GuruFocus considers Mahickra Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:MAHICKRA:
Current Ratio: 3.06 (68% above median its 10-year median of 1.82)
GF Value™: ₹155.07 vs. price of ₹250.50 (61.5% above fair value)
Industry Position: 61.9% above the Chemicals median (#433 of 1604)
No single metric tells the full story. See the NSE:MAHICKRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahickra Chemicals Ltd is an India-based company engaged in the business of manufacturing and trading of dyes and chemicals. Its product portfolio includes reactive dyes, acid dyes, direct dyes, pigment powder and emulsion, specialty chemicals, and synthetic food colors, among others. The company caters to both the Indian as well as international markets.
60GF Score
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