RHI Magnesita India (NSE:RHIM) Current Ratio: 2.75 (As of Mar. 2026) — Near Median


NSE:RHIM RHI Magnesita India Ltd NSE:RHIM
82 GF Score
Price ₹372.95
GF Value ₹611.85
Valuation Significantly Undervalued
! 3 Warning Signs
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What is RHI Magnesita India Current Ratio?

RHI Magnesita India NSE:RHIM -0.86% 82 Current Ratio is 2.75 as of Mar. 2026, which is 1% below its 10-year median of 2.77. GuruFocus rates NSE:RHIM with a GF Score™ of 82/100 and a GF Value™ of ₹611.85 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,073 Industrial Products companies, RHI Magnesita India ranks better than 70.52% 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. RHI Magnesita India's current ratio for the quarter that ended in Mar. 2026 was 2.75.

RHI Magnesita India has a current ratio of 2.75. It generally indicates good short-term financial strength.

The historical rank and industry rank for RHI Magnesita India's Current Ratio or its related term are showing as below:

NSE:RHIM' s Current Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.77   Max: 3.63
Current: 2.75

During the past 13 years, RHI Magnesita India's highest Current Ratio was 3.63. The lowest was 1.01. And the median was 2.77.

NSE:RHIM's Current Ratio is ranked better than
70.52% of 3073 companies
in the Industrial Products industry
Industry Median: 1.96 vs NSE:RHIM: 2.75

RHI Magnesita India  (NSE:RHIM) 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.


RHI Magnesita India Current Ratio Related Terms


RHI Magnesita India Current Ratio Historical Data

* Premium members only.

The historical data trend for RHI Magnesita India'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.

RHI Magnesita India Current Ratio Chart

RHI Magnesita India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 1.01 2.49 2.84 2.75

RHI Magnesita India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.84 0.00 2.61 0.00 2.75

NSE:RHIM vs CRS, ATI, MLI: Current Ratio Comparison

For the Metal Fabrication subindustry, RHI Magnesita 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.


RHI Magnesita India Current Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita India's Current Ratio distribution charts can be found below:

* The bar in red indicates where RHI Magnesita India's Current Ratio falls into.


NSE:RHIM
82GF Score
RHI Magnesita India Ltd NSE:RHIM
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RHI Magnesita India 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.

RHI Magnesita India'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 )
=25866.64/9393.805
=2.75

RHI Magnesita India'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 )
=25866.64/9393.805
=2.75

* 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 2.75 mean?
RHI Magnesita India (NSE:RHIM) has a Current Ratio of 2.75 as of Mar. 2026. This is near median its historical median of 2.77. Over the past decade, RHI Magnesita India's Current Ratio has ranged from 1.01 to 3.63. According to the industry distribution chart, RHI Magnesita India ranks #906 out of 3073 companies in the Industrial Products industry, placing it in the top 29.5%.
Is RHI Magnesita India's Current Ratio too high?
RHI Magnesita India's current Current Ratio of 2.75 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 3.63. The Industrial Products industry median Current Ratio is 1.96. RHI Magnesita India's value of 2.75 is 40.3% above this industry median. Based on the distribution chart, RHI Magnesita India ranks #906 out of 3073 companies in the Industrial Products industry, which is above the industry midpoint. Overall, RHI Magnesita India has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita India's Current Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, RHI Magnesita India ranks #906 out of 3073 companies for Current Ratio. This puts RHI Magnesita India in the upper half of its industry. The industry median Current Ratio is 1.96. RHI Magnesita India's value of 2.75 is 40.3% above this benchmark. Historically, RHI Magnesita India's own Current Ratio has ranged from 1.01 to 3.63 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.96, RHI Magnesita India 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 an Industrial Products company?
The median Current Ratio among Industrial Products companies is 1.96, based on 3,073 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. RHI Magnesita India's current Current Ratio of 2.75 is 40.3% 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 Industrial Products industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RHI Magnesita India's current Current Ratio is 2.75, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita India stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita India (NSE:RHIM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹611.85, compared to a current price of ₹372.95 — trading 39% below its estimated fair value. The current Current Ratio is 2.75, which is near median its 10-year median of 2.77 and 40.3% above the Industrial Products industry median of 1.96. RHI Magnesita India's overall GF Score™ is 82/100 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 RHI Magnesita India (NSE:RHIM), the current Current Ratio is 2.75 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 RHI Magnesita India (NSE:RHIM) Overvalued in 2026?

Based on GuruFocus' analysis, RHI Magnesita India stock appears to be undervalued. The current stock price of ₹372.95 is trading 39% below its estimated GF Value™ of ₹611.85. GuruFocus considers RHI Magnesita India to be Significantly Undervalued.

Key valuation signals for NSE:RHIM:

  • Current Ratio: 2.75 (near median its 10-year median of 2.77)
  • GF Value™: ₹611.85 vs. price of ₹372.95 (39% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 40.3% above the Industrial Products median (#906 of 3073)

No single metric tells the full story. See the NSE:RHIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RHI Magnesita India Business Description

Other Exchanges 534076:India
Address Jacaranda Marg, 19th & 20th Floor, DLF Square, M-Block. Phase II, DLF City, Gurugram, HR, IND, 122002
RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.
82GF Score

Get the complete analysis for NSE:RHIM

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

₹372.95
Price
₹611.85
GF Value