Manglam Infra and Engineering (NSE:MIEL) Current Ratio: 3.71 (As of Mar. 2026) — 139% Above Median

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NSE:MIEL Manglam Infra and Engineering Ltd NSE:MIEL
21 GF Score
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What is Manglam Infra and Engineering Current Ratio?

Manglam Infra and Engineering NSE:MIEL 21 Current Ratio is 3.71 as of Mar. 2026, which is 139% above its 10-year median of 1.55. GuruFocus rates NSE:MIEL with a GF Score™ of 21/100. The stock has 7 warning signs investors should review. Among 1,787 Construction companies, Manglam Infra and Engineering ranks better than 90.15% 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. Manglam Infra and Engineering's current ratio for the quarter that ended in Mar. 2026 was 3.71.

Manglam Infra and Engineering has a current ratio of 3.71. 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 Manglam Infra and Engineering's Current Ratio or its related term are showing as below:

NSE:MIEL' s Current Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.55   Max: 3.71
Current: 3.71

During the past 5 years, Manglam Infra and Engineering's highest Current Ratio was 3.71. The lowest was 0.97. And the median was 1.55.

NSE:MIEL's Current Ratio is ranked better than
90.15% of 1787 companies
in the Construction industry
Industry Median: 1.58 vs NSE:MIEL: 3.71

Manglam Infra and Engineering  (NSE:MIEL) 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.


Manglam Infra and Engineering Current Ratio Related Terms


Manglam Infra and Engineering Current Ratio Historical Data

* Premium members only.

The historical data trend for Manglam Infra and Engineering'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.

Manglam Infra and Engineering Current Ratio Chart

Manglam Infra and Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
0.97 1.27 1.55 2.71 3.71

Manglam Infra and Engineering Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial 1.55 2.98 2.71 4.38 3.71

NSE:MIEL vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Manglam Infra and Engineering'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.


Manglam Infra and Engineering Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Manglam Infra and Engineering's Current Ratio distribution charts can be found below:

* The bar in red indicates where Manglam Infra and Engineering's Current Ratio falls into.


NSE:MIEL
21GF Score
Manglam Infra and Engineering Ltd NSE:MIEL
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Manglam Infra and Engineering 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.

Manglam Infra and Engineering'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 )
=462.405/124.472
=3.71

Manglam Infra and Engineering'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 )
=462.405/124.472
=3.71

* 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 3.71 mean?
Manglam Infra and Engineering (NSE:MIEL) has a Current Ratio of 3.71 as of Mar. 2026. This is 139% above median its historical median of 1.55. Over the past decade, Manglam Infra and Engineering's Current Ratio has ranged from 0.97 to 3.71. According to the industry distribution chart, Manglam Infra and Engineering ranks #176 out of 1787 companies in the Construction industry, placing it in the top 9.8%.
Is Manglam Infra and Engineering's Current Ratio too high?
Manglam Infra and Engineering's current Current Ratio of 3.71 is 139% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 3.71. The Construction industry median Current Ratio is 1.58. Manglam Infra and Engineering's value of 3.71 is 134.8% above this industry median. Based on the distribution chart, Manglam Infra and Engineering ranks #176 out of 1787 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Manglam Infra and Engineering has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Manglam Infra and Engineering's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Manglam Infra and Engineering ranks #176 out of 1787 companies for Current Ratio. This places Manglam Infra and Engineering in the top 10% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Manglam Infra and Engineering's value of 3.71 is 134.8% above this benchmark. Historically, Manglam Infra and Engineering's own Current Ratio has ranged from 0.97 to 3.71 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.58, Manglam Infra and Engineering 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 Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,787 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. Manglam Infra and Engineering's current Current Ratio of 3.71 is 134.8% 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 Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manglam Infra and Engineering's current Current Ratio is 3.71, which is 139% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manglam Infra and Engineering stock overvalued right now?
Manglam Infra and Engineering (NSE:MIEL) has a current Current Ratio of 3.71. The current Current Ratio is 3.71, which is 139% above median its 10-year median of 1.55 and 134.8% above the Construction industry median of 1.58. Manglam Infra and Engineering's overall GF Score™ is 21/100 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 Manglam Infra and Engineering (NSE:MIEL), the current Current Ratio is 3.71 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.

Manglam Infra and Engineering Business Description

Address Hoshangabad Road, 115 & 116, Ganesh Nagar, Bhopal, MP, IND, 462026
Manglam Infra and Engineering Ltd is an infrastructure consultancy company. It is providing project management consultancy services, which include detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It caters to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana, and the central government.
21GF Score

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

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