Manilam Industries IndiaNSE:MANILAM -3.09%10 Current Ratio is 1.27 as of Sep. 2025, which is 9% above its 10-year median of 1.17. GuruFocus rates NSE:MANILAM with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 408 Building Materials companies, Manilam Industries India ranks worse than 64.95% 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. Manilam Industries India's current ratio for the quarter that ended in Sep. 2025 was 1.27.
Manilam Industries India has a current ratio of 1.27. It generally indicates good short-term financial strength.
The historical rank and industry rank for Manilam Industries India's Current Ratio or its related term are showing as below:
NSE:MANILAM'
s Current Ratio Range Over the Past 10 Years
Min: 1.14 Med: 1.17 Max: 1.27
Current: 1.27
During the past 3 years, Manilam Industries India's highest Current Ratio was 1.27. The lowest was 1.14. And the median was 1.17.
NSE:MANILAM's Current Ratio is ranked worse than 64.95% of 408
companies
in the Building Materials industry
Industry Median: 1.515
vs NSE:MANILAM: 1.27
Manilam Industries India (NSE:MANILAM) 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.
Manilam Industries India Current Ratio Related Terms
Manilam Industries India Current Ratio Historical Data
* 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.
Manilam Industries India Current Ratio Chart
Manilam Industries India Annual Data
Trend
Mar23
Mar24
Mar25
Current Ratio
1.15
1.14
1.18
Manilam Industries India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Current Ratio
1.15
1.14
1.18
1.27
NSE:MANILAM vs CRH, VMC, MLM: Current Ratio Comparison
For the Building Materials subindustry, Manilam Industries India'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.
Manilam Industries India Current Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Manilam Industries India's Current Ratio distribution charts can be found below:
* The bar in red indicates where Manilam Industries India'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.
Manilam Industries India (NSE:MANILAM) has a Current Ratio of 1.27 as of Sep. 2025. This is near median its historical median of 1.17. Over the past decade, Manilam Industries India's Current Ratio has ranged from 1.14 to 1.27. According to the industry distribution chart, Manilam Industries India ranks #265 out of 408 companies in the Building Materials industry, placing it in the top 65%.
Is Manilam Industries India's Current Ratio too high?
Manilam Industries India's current Current Ratio of 1.27 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 1.27. The Building Materials industry median Current Ratio is 1.52. Manilam Industries India's value of 1.27 is 16.2% below this industry median. Based on the distribution chart, Manilam Industries India ranks #265 out of 408 companies in the Building Materials industry, which is below the industry midpoint. Overall, Manilam Industries India has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Manilam Industries India's Current Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Manilam Industries India ranks #265 out of 408 companies for Current Ratio. This places Manilam Industries India in the lower half of its industry. The industry median Current Ratio is 1.52. Manilam Industries India's value of 1.27 is 16.2% below this benchmark. Historically, Manilam Industries India's own Current Ratio has ranged from 1.14 to 1.27 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.52, Manilam Industries India 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 Building Materials company?
The median Current Ratio among Building Materials companies is 1.52, based on 408 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. Manilam Industries India's current Current Ratio of 1.27 is 16.2% 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 Building Materials industry, the median Current Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manilam Industries India's current Current Ratio is 1.27, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manilam Industries India stock overvalued right now?
Manilam Industries India (NSE:MANILAM) has a current Current Ratio of 1.27. The current Current Ratio is 1.27, which is near median its 10-year median of 1.17 and 16.2% below the Building Materials industry median of 1.52. Manilam Industries India's overall GF Score™ is 10/100 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 Manilam Industries India (NSE:MANILAM), the current Current Ratio is 1.27 as of Sep. 2025. 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.
Manilam Industries India Ltd is engaged in the manufacturing and sale of decorative laminates. Its product portfolio includes the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. Additionally, the company is involved in the trading of plywood serving the industrial and commercial sectors. It operates under the brand name "Manilam". The majority of the company's revenue is derived from the sale of laminates across India. The reportable segments: Within India, and Outside India, of which it derives maximum revenue from India.
10GF Score
Get the complete analysis for NSE:MANILAM
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MANILAM has been successfully added to your 