Mittal Life StyleNSE:MITTAL -1.02%66 Current Ratio is 1.31 as of Mar. 2026, which is 44% below its 10-year median of 2.33. GuruFocus rates NSE:MITTAL with a GF Score™ of 66/100 and a GF Value™ of ₹1.51 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Mittal Life Style ranks worse than 69.51% 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. Mittal Life Style's current ratio for the quarter that ended in Mar. 2026 was 1.31.
Mittal Life Style has a current ratio of 1.31. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mittal Life Style's Current Ratio or its related term are showing as below:
NSE:MITTAL'
s Current Ratio Range Over the Past 10 Years
Min: 1.31 Med: 2.33 Max: 12.37
Current: 1.31
During the past 13 years, Mittal Life Style's highest Current Ratio was 12.37. The lowest was 1.31. And the median was 2.33.
NSE:MITTAL's Current Ratio is ranked worse than 69.51% of 1066
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.8
vs NSE:MITTAL: 1.31
Mittal Life Style (NSE:MITTAL) 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.
Mittal Life Style Current Ratio Related Terms
Mittal Life Style Current Ratio Historical Data
* Premium members only.
The historical data trend for Mittal Life Style'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.
Mittal Life Style Current Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Mittal Life Style'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.
Mittal Life Style Current Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mittal Life Style's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mittal Life Style'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.
Mittal Life Style (NSE:MITTAL) has a Current Ratio of 1.31 as of Mar. 2026. This is 44% below median its historical median of 2.33. Over the past decade, Mittal Life Style's Current Ratio has ranged from 1.31 to 12.37. According to the industry distribution chart, Mittal Life Style ranks #741 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 69.5%.
Is Mittal Life Style's Current Ratio too high?
Mittal Life Style's current Current Ratio of 1.31 is 44% below median its 10-year median of 2.33. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 12.37. The Manufacturing - Apparel & Accessories industry median Current Ratio is 1.80. Mittal Life Style's value of 1.31 is 27.2% below this industry median. Based on the distribution chart, Mittal Life Style ranks #741 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Mittal Life Style has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mittal Life Style's Current Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mittal Life Style ranks #741 out of 1066 companies for Current Ratio. This places Mittal Life Style in the lower half of its industry. The industry median Current Ratio is 1.80. Mittal Life Style's value of 1.31 is 27.2% below this benchmark. Historically, Mittal Life Style's own Current Ratio has ranged from 1.31 to 12.37 over the past decade. While the company's 10-year median is 2.33 vs. the industry median of 1.80, Mittal Life Style 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 Manufacturing - Apparel & Accessories company?
The median Current Ratio among Manufacturing - Apparel & Accessories companies is 1.80, based on 1,066 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. Mittal Life Style's current Current Ratio of 1.31 is 27.2% 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 Manufacturing - Apparel & Accessories industry, the median Current Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mittal Life Style's current Current Ratio is 1.31, which is 44% below median its own 10-year median of 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Life Style stock overvalued right now?
Based on GuruFocus' analysis, Mittal Life Style (NSE:MITTAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1.51, compared to a current price of ₹0.97 — trading 35.8% below its estimated fair value. The current Current Ratio is 1.31, which is 44% below median its 10-year median of 2.33 and 27.2% below the Manufacturing - Apparel & Accessories industry median of 1.80. Mittal Life Style's overall GF Score™ is 66/100 with 3 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 Mittal Life Style (NSE:MITTAL), the current Current Ratio is 1.31 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 Mittal Life Style (NSE:MITTAL) Overvalued in 2026?
Based on GuruFocus' analysis, Mittal Life Style stock appears to be undervalued.
The current stock price of ₹0.97 is trading 35.8% below its estimated GF Value™ of ₹1.51.
GuruFocus considers Mittal Life Style to be Possible Value Trap.
Key valuation signals for NSE:MITTAL:
Current Ratio: 1.31 (44% below median its 10-year median of 2.33)
GF Value™: ₹1.51 vs. price of ₹0.97 (35.8% below fair value)
Industry Position: 27.2% below the Manufacturing - Apparel & Accessories median (#741 of 1066)
No single metric tells the full story. See the NSE:MITTAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mittal Life Style Ltd operates in the textile industry. It is operating as the preferred supplier of denim and garment products. Dealing in supply of Bottom weight Fabrics & Denims is the principal business activity of the Company. It supplies fashion fabrics, cotton canvas denim, dupion bottom fabrics, polyester fabrics, cotton fabric, knit fabric and among other products.
66GF Score
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