NCL IndustriesNSE:NCLIND -0.80%70 Current Ratio is 1.23 as of Mar. 2026, which is 10% above its 10-year median of 1.12. GuruFocus rates NSE:NCLIND with a GF Score™ of 70/100 and a GF Value™ of ₹197.18 (Fairly Valued). The stock has 4 warning signs investors should review. Among 408 Building Materials companies, NCL Industries ranks worse than 66.67% 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. NCL Industries's current ratio for the quarter that ended in Mar. 2026 was 1.23.
NCL Industries has a current ratio of 1.23. It generally indicates good short-term financial strength.
The historical rank and industry rank for NCL Industries's Current Ratio or its related term are showing as below:
NSE:NCLIND'
s Current Ratio Range Over the Past 10 Years
Min: 0.94 Med: 1.12 Max: 1.35
Current: 1.23
During the past 13 years, NCL Industries's highest Current Ratio was 1.35. The lowest was 0.94. And the median was 1.12.
NSE:NCLIND's Current Ratio is ranked worse than 66.67% of 408
companies
in the Building Materials industry
Industry Median: 1.505
vs NSE:NCLIND: 1.23
NCL Industries (NSE:NCLIND) 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.
NCL Industries Current Ratio Related Terms
NCL Industries Current Ratio Historical Data
* Premium members only.
The historical data trend for NCL 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.
NSE:NCLIND vs CRH, VMC, MLM: Current Ratio Comparison
For the Building Materials subindustry, NCL 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.
NCL Industries Current Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, NCL Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where NCL Industries'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.
NCL Industries (NSE:NCLIND) has a Current Ratio of 1.23 as of Mar. 2026. This is 10% above median its historical median of 1.12. Over the past decade, NCL Industries' Current Ratio has ranged from 0.94 to 1.35. According to the industry distribution chart, NCL Industries ranks #272 out of 408 companies in the Building Materials industry, placing it in the top 66.7%.
Is NCL Industries' Current Ratio too high?
NCL Industries' current Current Ratio of 1.23 is 10% above median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.35. The Building Materials industry median Current Ratio is 1.51. NCL Industries' value of 1.23 is 18.3% below this industry median. Based on the distribution chart, NCL Industries ranks #272 out of 408 companies in the Building Materials industry, which is below the industry midpoint. Overall, NCL Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NCL Industries' Current Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, NCL Industries ranks #272 out of 408 companies for Current Ratio. This places NCL Industries in the lower half of its industry. The industry median Current Ratio is 1.51. NCL Industries' value of 1.23 is 18.3% below this benchmark. Historically, NCL Industries' own Current Ratio has ranged from 0.94 to 1.35 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.51, NCL Industries 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 1.51, 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. NCL Industries's current Current Ratio of 1.23 is 18.3% 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 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCL Industries's current Current Ratio is 1.23, which is 10% above median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCL Industries stock overvalued right now?
Based on GuruFocus' analysis, NCL Industries (NSE:NCLIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹197.18, compared to a current price of ₹190.15 — trading 3.6% below its estimated fair value. The current Current Ratio is 1.23, which is 10% above median its 10-year median of 1.12 and 18.3% below the Building Materials industry median of 1.51. NCL Industries' overall GF Score™ is 70/100 with 4 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 NCL Industries (NSE:NCLIND), the current Current Ratio is 1.23 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 NCL Industries (NSE:NCLIND) Overvalued in 2026?
Based on GuruFocus' analysis, NCL Industries stock appears to be undervalued.
The current stock price of ₹190.15 is trading 3.6% below its estimated GF Value™ of ₹197.18.
GuruFocus considers NCL Industries to be Fairly Valued.
Key valuation signals for NSE:NCLIND:
Current Ratio: 1.23 (10% above median its 10-year median of 1.12)
GF Value™: ₹197.18 vs. price of ₹190.15 (3.6% below fair value)
Industry Position: 18.3% below the Building Materials median (#272 of 408)
No single metric tells the full story. See the NSE:NCLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NCL Industries Ltd is principally engaged in the business of manufacturing and selling Cement, Ready Mix Concrete (RMC), Cement Bonded Particle Boards (CBPB), and Prefab Shelters. The company's operating segment includes Cement; Boards; Energy, Readymade Doors, and Ready Mix Concrete. It generates maximum revenue from the Cement segment. Geographically, it derives a majority of its revenue from India.
70GF Score
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