Unilex Colours and Chemicals (NSE:UNILEX) Current Ratio: 2.43 (As of Mar. 2026) — 57% Above Median

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NSE:UNILEX Unilex Colours and Chemicals Ltd NSE:UNILEX
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What is Unilex Colours and Chemicals Current Ratio?

Unilex Colours and Chemicals NSE:UNILEX +2.00% 14 Current Ratio is 2.43 as of Mar. 2026, which is 57% above its 10-year median of 1.55. GuruFocus rates NSE:UNILEX with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 1,605 Chemicals companies, Unilex Colours and Chemicals ranks better than 63.86% 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. Unilex Colours and Chemicals's current ratio for the quarter that ended in Mar. 2026 was 2.43.

Unilex Colours and Chemicals has a current ratio of 2.43. It generally indicates good short-term financial strength.

The historical rank and industry rank for Unilex Colours and Chemicals's Current Ratio or its related term are showing as below:

NSE:UNILEX' s Current Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.55   Max: 3.24
Current: 2.43

During the past 5 years, Unilex Colours and Chemicals's highest Current Ratio was 3.24. The lowest was 1.35. And the median was 1.55.

NSE:UNILEX's Current Ratio is ranked better than
63.86% of 1605 companies
in the Chemicals industry
Industry Median: 1.88 vs NSE:UNILEX: 2.43

Unilex Colours and Chemicals  (NSE:UNILEX) 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.


Unilex Colours and Chemicals Current Ratio Related Terms


Unilex Colours and Chemicals Current Ratio Historical Data

* Premium members only.

The historical data trend for Unilex Colours and Chemicals'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.

Unilex Colours and Chemicals Current Ratio Chart

Unilex Colours and Chemicals Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
1.35 1.55 1.48 3.24 2.43

Unilex Colours and Chemicals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Current Ratio Get a 7-Day Free Trial 1.48 2.55 3.24 2.89 2.43

NSE:UNILEX vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Unilex Colours and Chemicals'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.


Unilex Colours and Chemicals Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Unilex Colours and Chemicals's Current Ratio distribution charts can be found below:

* The bar in red indicates where Unilex Colours and Chemicals's Current Ratio falls into.


NSE:UNILEX
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Unilex Colours and Chemicals Ltd NSE:UNILEX
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Unilex Colours and Chemicals 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.

Unilex Colours and Chemicals'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 )
=1259.643/517.607
=2.43

Unilex Colours and Chemicals'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 )
=1259.643/517.607
=2.43

* 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 2.43 mean?
Unilex Colours and Chemicals (NSE:UNILEX) has a Current Ratio of 2.43 as of Mar. 2026. This is 57% above median its historical median of 1.55. Over the past decade, Unilex Colours and Chemicals' Current Ratio has ranged from 1.35 to 3.24. According to the industry distribution chart, Unilex Colours and Chemicals ranks #580 out of 1605 companies in the Chemicals industry, placing it in the top 36.1%.
Is Unilex Colours and Chemicals' Current Ratio too high?
Unilex Colours and Chemicals' current Current Ratio of 2.43 is 57% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 3.24. The Chemicals industry median Current Ratio is 1.88. Unilex Colours and Chemicals' value of 2.43 is 29.3% above this industry median. Based on the distribution chart, Unilex Colours and Chemicals ranks #580 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Unilex Colours and Chemicals has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Unilex Colours and Chemicals' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Unilex Colours and Chemicals ranks #580 out of 1605 companies for Current Ratio. This puts Unilex Colours and Chemicals in the upper half of its industry. The industry median Current Ratio is 1.88. Unilex Colours and Chemicals' value of 2.43 is 29.3% above this benchmark. Historically, Unilex Colours and Chemicals' own Current Ratio has ranged from 1.35 to 3.24 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.88, Unilex Colours and Chemicals 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 Chemicals company?
The median Current Ratio among Chemicals companies is 1.88, based on 1,605 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. Unilex Colours and Chemicals's current Current Ratio of 2.43 is 29.3% 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 Chemicals industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unilex Colours and Chemicals's current Current Ratio is 2.43, which is 57% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilex Colours and Chemicals stock overvalued right now?
Unilex Colours and Chemicals (NSE:UNILEX) has a current Current Ratio of 2.43. The current Current Ratio is 2.43, which is 57% above median its 10-year median of 1.55 and 29.3% above the Chemicals industry median of 1.88. Unilex Colours and Chemicals' overall GF Score™ is 14/100 with 6 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 Unilex Colours and Chemicals (NSE:UNILEX), the current Current Ratio is 2.43 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.

Unilex Colours and Chemicals Business Description

Address Chincholi Bunder Road, 106-107, Advent Atria, Malad West, Mumbai, MH, IND, 400064
Unilex Colours and Chemicals Ltd is engaged in the business of manufacturing pigments and the trading of chemicals and food colours. The pigments manufactured by the company have diverse applications across various industries, including plastics, rubber, textiles, paper, printing inks, paints, and coatings. The company manufactures and trades multiple pigments such as pigment green 7, middle chrome, lemon chrome, pigment violet 3, 23, and 27, ultramarine blue, etc, as well as food colours such as tartrazine, sunset yellow, allura red, ponceau 4R, carmoisine, and brilliant blue, etc. Geographically, it caters to the Indian market, also exports its products to Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Malaysia, Thailand, Uzbekistan, and other regions.
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