Shringar House Of Mangalsutra (NSE:SHRINGARMS) Current Ratio: 4.00 (As of Mar. 2026) — 109% Above Median


NSE:SHRINGARMS Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
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What is Shringar House Of Mangalsutra Current Ratio?

Shringar House Of Mangalsutra NSE:SHRINGARMS +1.59% 30 Current Ratio is 4.00 as of Mar. 2026, which is 109% above its 10-year median of 1.91. GuruFocus rates NSE:SHRINGARMS with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,124 Retail - Cyclical companies, Shringar House Of Mangalsutra ranks better than 87.01% 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. Shringar House Of Mangalsutra's current ratio for the quarter that ended in Mar. 2026 was 4.00.

Shringar House Of Mangalsutra has a current ratio of 4.00. 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 Shringar House Of Mangalsutra's Current Ratio or its related term are showing as below:

NSE:SHRINGARMS' s Current Ratio Range Over the Past 10 Years
Min: 1.76   Med: 1.91   Max: 4
Current: 4

During the past 5 years, Shringar House Of Mangalsutra's highest Current Ratio was 4.00. The lowest was 1.76. And the median was 1.91.

NSE:SHRINGARMS's Current Ratio is ranked better than
87.01% of 1124 companies
in the Retail - Cyclical industry
Industry Median: 1.58 vs NSE:SHRINGARMS: 4.00

Shringar House Of Mangalsutra  (NSE:SHRINGARMS) 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.


Shringar House Of Mangalsutra Current Ratio Related Terms


Shringar House Of Mangalsutra Current Ratio Historical Data

* Premium members only.

The historical data trend for Shringar House Of Mangalsutra'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.

Shringar House Of Mangalsutra Current Ratio Chart

Shringar House Of Mangalsutra Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
1.93 1.88 1.76 1.91 4.00

Shringar House Of Mangalsutra Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only 0.00 1.91 3.43 0.00 4.00

NSE:SHRINGARMS vs TPR: Current Ratio Comparison

For the Luxury Goods subindustry, Shringar House Of Mangalsutra'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.


Shringar House Of Mangalsutra Current Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shringar House Of Mangalsutra's Current Ratio distribution charts can be found below:

* The bar in red indicates where Shringar House Of Mangalsutra's Current Ratio falls into.


NSE:SHRINGARMS
30GF Score
Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
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Shringar House Of Mangalsutra 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.

Shringar House Of Mangalsutra'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 )
=8182.26/2046.35
=4.00

Shringar House Of Mangalsutra'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 )
=8182.26/2046.35
=4.00

* 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 4.00 mean?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a Current Ratio of 4.00 as of Mar. 2026. This is 109% above median its historical median of 1.91. Over the past decade, Shringar House Of Mangalsutra's Current Ratio has ranged from 1.76 to 4.00. According to the industry distribution chart, Shringar House Of Mangalsutra ranks #146 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 13%.
Is Shringar House Of Mangalsutra's Current Ratio too high?
Shringar House Of Mangalsutra's current Current Ratio of 4.00 is 109% above median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 4.00. The Retail - Cyclical industry median Current Ratio is 1.58. Shringar House Of Mangalsutra's value of 4.00 is 153.2% above this industry median. Based on the distribution chart, Shringar House Of Mangalsutra ranks #146 out of 1124 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shringar House Of Mangalsutra has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Shringar House Of Mangalsutra's Current Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shringar House Of Mangalsutra ranks #146 out of 1124 companies for Current Ratio. This places Shringar House Of Mangalsutra in the top 13% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Shringar House Of Mangalsutra's value of 4.00 is 153.2% above this benchmark. Historically, Shringar House Of Mangalsutra's own Current Ratio has ranged from 1.76 to 4.00 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.58, Shringar House Of Mangalsutra 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 Retail - Cyclical company?
The median Current Ratio among Retail - Cyclical companies is 1.58, based on 1,124 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. Shringar House Of Mangalsutra's current Current Ratio of 4.00 is 153.2% 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 Retail - Cyclical 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. Shringar House Of Mangalsutra's current Current Ratio is 4.00, which is 109% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shringar House Of Mangalsutra stock overvalued right now?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a current Current Ratio of 4.00. The current Current Ratio is 4.00, which is 109% above median its 10-year median of 1.91 and 153.2% above the Retail - Cyclical industry median of 1.58. Shringar House Of Mangalsutra's overall GF Score™ is 30/100 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 Shringar House Of Mangalsutra (NSE:SHRINGARMS), the current Current Ratio is 4.00 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.

Shringar House Of Mangalsutra Business Description

Other Exchanges 544512:India
Address 175, Kalbadevi Road, Unit No. B-1, Lower Ground Floor, Jewel World Cotton Exchange Building, Bhuleshwar, Mumbai, MH, IND, 400 002
Shringar House Of Mangalsutra Ltd is amongst the specialised designers and manufacturers of Mangalsutra in India. It is engaged in designing, manufacturing, and marketing, a varied range of Mangalsutra studded with diverse range of stones including but not limited to, American diamond, cubic zirconia, pearl, mother of pearl, and semi-precious stones, in 18k and 22k purity of gold, to its business-to-business (B2B) clients. The company sells Its products to a diverse range of clients including Corporate Clients, wholesale jewellers, and retailers across the country, more particularly in twenty-four (24) states and four (4) union territories.
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