Maithan Alloys (NSE:MAITHANALL) Current Ratio: 6.24 (As of Mar. 2026) — 14% Above Median


NSE:MAITHANALL Maithan Alloys Ltd NSE:MAITHANALL
81 GF Score
Price ₹1,034.20
GF Value ₹1,151.17
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Maithan Alloys Current Ratio?

Maithan Alloys NSE:MAITHANALL +3.06% 81 Current Ratio is 6.24 as of Mar. 2026, which is 14% above its 10-year median of 5.48. GuruFocus rates NSE:MAITHANALL with a GF Score™ of 81/100 and a GF Value™ of ₹1,151.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 634 Steel companies, Maithan Alloys ranks better than 91.01% 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. Maithan Alloys's current ratio for the quarter that ended in Mar. 2026 was 6.24.

Maithan Alloys has a current ratio of 6.24. 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 Maithan Alloys's Current Ratio or its related term are showing as below:

NSE:MAITHANALL' s Current Ratio Range Over the Past 10 Years
Min: 2.32   Med: 5.48   Max: 12.06
Current: 6.24

During the past 13 years, Maithan Alloys's highest Current Ratio was 12.06. The lowest was 2.32. And the median was 5.48.

NSE:MAITHANALL's Current Ratio is ranked better than
91.01% of 634 companies
in the Steel industry
Industry Median: 1.63 vs NSE:MAITHANALL: 6.24

Maithan Alloys  (NSE:MAITHANALL) 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.


Maithan Alloys Current Ratio Related Terms


Maithan Alloys Current Ratio Historical Data

* Premium members only.

The historical data trend for Maithan Alloys'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.

Maithan Alloys Current Ratio Chart

Maithan Alloys Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.07 9.49 12.06 3.97 6.24

Maithan Alloys Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.97 0.00 4.47 0.00 6.24

NSE:MAITHANALL vs NUE, STLD, RS: Current Ratio Comparison

For the Steel subindustry, Maithan Alloys'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.


Maithan Alloys Current Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Maithan Alloys's Current Ratio distribution charts can be found below:

* The bar in red indicates where Maithan Alloys's Current Ratio falls into.


NSE:MAITHANALL
81GF Score
Maithan Alloys Ltd NSE:MAITHANALL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maithan Alloys Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Maithan Alloys's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=33313.5/5341.8
=6.24

Maithan Alloys's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=33313.5/5341.8
=6.24

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 6.24 mean?
Maithan Alloys (NSE:MAITHANALL) has a Current Ratio of 6.24 as of Mar. 2026. This is 14% above median its historical median of 5.48. Over the past decade, Maithan Alloys' Current Ratio has ranged from 2.32 to 12.06. According to the industry distribution chart, Maithan Alloys ranks #57 out of 634 companies in the Steel industry, placing it in the top 9%.
Is Maithan Alloys' Current Ratio too high?
Maithan Alloys' current Current Ratio of 6.24 is 14% above median its 10-year median of 5.48. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 12.06. The Steel industry median Current Ratio is 1.63. Maithan Alloys' value of 6.24 is 282.8% above this industry median. Based on the distribution chart, Maithan Alloys ranks #57 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Maithan Alloys has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maithan Alloys' Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Maithan Alloys ranks #57 out of 634 companies for Current Ratio. This places Maithan Alloys in the top 9% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.63. Maithan Alloys' value of 6.24 is 282.8% above this benchmark. Historically, Maithan Alloys' own Current Ratio has ranged from 2.32 to 12.06 over the past decade. While the company's 10-year median is 5.48 vs. the industry median of 1.63, Maithan Alloys 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. Maithan Alloys's current Current Ratio of 6.24 is 282.8% 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. Maithan Alloys's current Current Ratio is 6.24, which is 14% above median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maithan Alloys stock overvalued right now?
Based on GuruFocus' analysis, Maithan Alloys (NSE:MAITHANALL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,151.17, compared to a current price of ₹1,034.20 — trading 10.2% below its estimated fair value. The current Current Ratio is 6.24, which is 14% above median its 10-year median of 5.48 and 282.8% above the Steel industry median of 1.63. Maithan Alloys' overall GF Score™ is 81/100 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 Maithan Alloys (NSE:MAITHANALL), the current Current Ratio is 6.24 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 Maithan Alloys (NSE:MAITHANALL) Overvalued in 2026?

Based on GuruFocus' analysis, Maithan Alloys stock appears to be undervalued. The current stock price of ₹1,034.20 is trading 10.2% below its estimated GF Value™ of ₹1,151.17. GuruFocus considers Maithan Alloys to be Modestly Undervalued.

Key valuation signals for NSE:MAITHANALL:

  • Current Ratio: 6.24 (14% above median its 10-year median of 5.48)
  • GF Value™: ₹1,151.17 vs. price of ₹1,034.20 (10.2% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 282.8% above the Steel median (#57 of 634)

No single metric tells the full story. See the NSE:MAITHANALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maithan Alloys Business Description

Other Exchanges 590078:India
Address Village Debipur, P.O. Kalyaneshwari, District Paschim Bardhaman, Burdwan, WB, IND, 713369
Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.
81GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,034.20
Price
₹1,151.17
GF Value