Thendesh (NSE:SANDESH) Current Ratio: 15.82 (As of Mar. 2026) — 85% Above Median


NSE:SANDESH The Sandesh Ltd NSE:SANDESH
76 GF Score
Price ₹982.50
GF Value ₹1,755.32
Valuation Possible Value Trap
! 4 Warning Signs
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What is Thendesh Current Ratio?

Thendesh NSE:SANDESH -0.22% 76 Current Ratio is 15.82 as of Mar. 2026, which is 85% above its 10-year median of 8.56. GuruFocus rates NSE:SANDESH with a GF Score™ of 76/100 and a GF Value™ of ₹1,755.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,031 Media - Diversified companies, Thendesh ranks better than 98.16% 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. Thendesh's current ratio for the quarter that ended in Mar. 2026 was 15.82.

Thendesh has a current ratio of 15.82. 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 Thendesh's Current Ratio or its related term are showing as below:

NSE:SANDESH' s Current Ratio Range Over the Past 10 Years
Min: 3.5   Med: 8.56   Max: 19.38
Current: 15.82

During the past 13 years, Thendesh's highest Current Ratio was 19.38. The lowest was 3.50. And the median was 8.56.

NSE:SANDESH's Current Ratio is ranked better than
98.16% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.57 vs NSE:SANDESH: 15.82

Thendesh  (NSE:SANDESH) 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.


Thendesh Current Ratio Related Terms


Thendesh Current Ratio Historical Data

* Premium members only.

The historical data trend for Thendesh'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.

Thendesh Current Ratio Chart

Thendesh 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 7.90 10.61 17.58 19.38 15.82

Thendesh 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 19.38 0.00 20.09 0.00 15.82

NSE:SANDESH vs NYT, WLY: Current Ratio Comparison

For the Publishing subindustry, Thendesh'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.


Thendesh Current Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thendesh's Current Ratio distribution charts can be found below:

* The bar in red indicates where Thendesh's Current Ratio falls into.


NSE:SANDESH
76GF Score
The Sandesh Ltd NSE:SANDESH
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thendesh 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.

Thendesh'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 )
=9962.646/629.865
=15.82

Thendesh'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 )
=9962.646/629.865
=15.82

* 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 15.82 mean?
Thendesh (NSE:SANDESH) has a Current Ratio of 15.82 as of Mar. 2026. This is 85% above median its historical median of 8.56. Over the past decade, Thendesh's Current Ratio has ranged from 3.50 to 19.38. According to the industry distribution chart, Thendesh ranks #19 out of 1031 companies in the Media - Diversified industry, placing it in the top 1.8%.
Is Thendesh's Current Ratio too high?
Thendesh's current Current Ratio of 15.82 is 85% above median its 10-year median of 8.56. Over the past 10 years, this metric has ranged from a low of 3.50 to a high of 19.38. The Media - Diversified industry median Current Ratio is 1.57. Thendesh's value of 15.82 is 907.6% above this industry median. Based on the distribution chart, Thendesh ranks #19 out of 1031 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Thendesh has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thendesh's Current Ratio compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Thendesh ranks #19 out of 1031 companies for Current Ratio. This places Thendesh in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.57. Thendesh's value of 15.82 is 907.6% above this benchmark. Historically, Thendesh's own Current Ratio has ranged from 3.50 to 19.38 over the past decade. While the company's 10-year median is 8.56 vs. the industry median of 1.57, Thendesh 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 Media - Diversified company?
The median Current Ratio among Media - Diversified companies is 1.57, based on 1,031 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. Thendesh's current Current Ratio of 15.82 is 907.6% 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 Media - Diversified industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thendesh's current Current Ratio is 15.82, which is 85% above median its own 10-year median of 8.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thendesh stock overvalued right now?
Based on GuruFocus' analysis, Thendesh (NSE:SANDESH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,755.32, compared to a current price of ₹982.50 — trading 44% below its estimated fair value. The current Current Ratio is 15.82, which is 85% above median its 10-year median of 8.56 and 907.6% above the Media - Diversified industry median of 1.57. Thendesh's overall GF Score™ is 76/100 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 Thendesh (NSE:SANDESH), the current Current Ratio is 15.82 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 Thendesh (NSE:SANDESH) Overvalued in 2026?

Based on GuruFocus' analysis, Thendesh stock appears to be undervalued. The current stock price of ₹982.50 is trading 44% below its estimated GF Value™ of ₹1,755.32. GuruFocus considers Thendesh to be Possible Value Trap.

Key valuation signals for NSE:SANDESH:

  • Current Ratio: 15.82 (85% above median its 10-year median of 8.56)
  • GF Value™: ₹1,755.32 vs. price of ₹982.50 (44% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 907.6% above the Media - Diversified median (#19 of 1031)

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


Thendesh Business Description

Other Exchanges 526725:India
Address Lad Society Road, Sandesh Bhavan, P.O. Bodakdev, Behind Vastrapur Gam, Ahmedabad, GJ, IND, 380054
The Sandesh Ltd belongs to the regional print media Industry and is the publisher of SANDESH, a Gujarati daily newspaper in the Gujarat Region of India. The company is involved in the business of editing, printing, and publishing newspapers and periodicals, and also runs a Gujarati news channel called Sandesh News, and an out-of-home business under the name of OOH. It operates in two business segments, namely Media, which generates the maximum revenue, and Finance.
76GF Score

Get the complete analysis for NSE:SANDESH

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

₹982.50
Price
₹1,755.32
GF Value