Mandeep Auto Industries (NSE:MANDEEP) Current Ratio: 5.67 (As of Mar. 2026) — 220% Above Median


NSE:MANDEEP Mandeep Auto Industries Ltd NSE:MANDEEP
18 GF Score
Price ₹19.20
! 7 Warning Signs
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What is Mandeep Auto Industries Current Ratio?

Mandeep Auto Industries NSE:MANDEEP 18 Current Ratio is 5.67 as of Mar. 2026, which is 220% above its 10-year median of 1.77. GuruFocus rates NSE:MANDEEP with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Mandeep Auto Industries ranks better than 97.61% 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. Mandeep Auto Industries's current ratio for the quarter that ended in Mar. 2026 was 5.67.

Mandeep Auto Industries has a current ratio of 5.67. 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 Mandeep Auto Industries's Current Ratio or its related term are showing as below:

NSE:MANDEEP' s Current Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.77   Max: 8.12
Current: 5.67

During the past 6 years, Mandeep Auto Industries's highest Current Ratio was 8.12. The lowest was 1.01. And the median was 1.77.

NSE:MANDEEP's Current Ratio is ranked better than
97.61% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 1.53 vs NSE:MANDEEP: 5.67

Mandeep Auto Industries  (NSE:MANDEEP) 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.


Mandeep Auto Industries Current Ratio Related Terms


Mandeep Auto Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Mandeep Auto Industries'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.

Mandeep Auto Industries Current Ratio Chart

Mandeep Auto Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial 1.52 1.23 2.02 8.12 5.67

Mandeep Auto Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio Get a 7-Day Free Trial 1.52 1.23 2.02 8.12 5.67

NSE:MANDEEP vs ORLY, AZO: Current Ratio Comparison

For the Auto Parts subindustry, Mandeep Auto Industries'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.


Mandeep Auto Industries Current Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mandeep Auto Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mandeep Auto Industries's Current Ratio falls into.


NSE:MANDEEP
18GF Score
Mandeep Auto Industries Ltd NSE:MANDEEP
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mandeep Auto Industries 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.

Mandeep Auto Industries'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 )
=344.752/60.846
=5.67

Mandeep Auto Industries'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 )
=344.752/60.846
=5.67

* 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 5.67 mean?
Mandeep Auto Industries (NSE:MANDEEP) has a Current Ratio of 5.67 as of Mar. 2026. This is 220% above median its historical median of 1.77. Over the past decade, Mandeep Auto Industries' Current Ratio has ranged from 1.01 to 8.12. According to the industry distribution chart, Mandeep Auto Industries ranks #32 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 2.4%.
Is Mandeep Auto Industries' Current Ratio too high?
Mandeep Auto Industries' current Current Ratio of 5.67 is 220% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 8.12. The Vehicles & Parts industry median Current Ratio is 1.53. Mandeep Auto Industries' value of 5.67 is 270.6% above this industry median. Based on the distribution chart, Mandeep Auto Industries ranks #32 out of 1337 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mandeep Auto Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mandeep Auto Industries' Current Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mandeep Auto Industries ranks #32 out of 1337 companies for Current Ratio. This places Mandeep Auto Industries in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.53. Mandeep Auto Industries' value of 5.67 is 270.6% above this benchmark. Historically, Mandeep Auto Industries' own Current Ratio has ranged from 1.01 to 8.12 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.53, Mandeep Auto Industries 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 Vehicles & Parts company?
The median Current Ratio among Vehicles & Parts companies is 1.53, based on 1,337 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. Mandeep Auto Industries's current Current Ratio of 5.67 is 270.6% 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 Vehicles & Parts industry, the median Current Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mandeep Auto Industries's current Current Ratio is 5.67, which is 220% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandeep Auto Industries stock overvalued right now?
Mandeep Auto Industries (NSE:MANDEEP) has a current Current Ratio of 5.67. The current Current Ratio is 5.67, which is 220% above median its 10-year median of 1.77 and 270.6% above the Vehicles & Parts industry median of 1.53. Mandeep Auto Industries' overall GF Score™ is 18/100 with 7 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 Mandeep Auto Industries (NSE:MANDEEP), the current Current Ratio is 5.67 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.

Mandeep Auto Industries Business Description

Address 30 Feet Road, Sector 53, Plot No. 26, Nangla Gujran, Sarurpur Industrial Area, Faridabad, HR, IND, 121001
Mandeep Auto Industries Ltd is engaged in the manufacturing, assembly, trading, import, export, distribution, franchising, and marketing of a wide range of automobile components and accessories. Its product portfolio comprises gears, transmissions, universal joints, springs, leaves, head lamps, sealed beams, induction hardened pins, axles, alloy springs, accessories, and fittings of all kinds. Additionally, the company also operates as a garage operator and showroom owner for motor vehicles, and acts as a supplier and dealer of petrol, electricity, and other forms of motive power. It also provides support and consulting services within the automotive sector. The company operates in a single business segment, the business of trading in automobile parts.
18GF Score

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