L K Mehta Polymers (BOM:544366) Net Current Asset Value: ₹27.07 (As of Mar. 2026) — 1396% Above Median

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BOM:544366 L K Mehta Polymers Ltd BOM:544366
9 GF Score
Price ₹38.25
! 7 Warning Signs
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What is L K Mehta Polymers Net Current Asset Value?

L K Mehta Polymers BOM:544366 9 Net Current Asset Value is ₹27.07 as of Mar. 2026, which is 100% below its 10-year median of 1.81. GuruFocus rates BOM:544366 with a GF Score™ of 9/100. The stock has 7 warning signs investors should review. Among 948 Chemicals companies, L K Mehta Polymers ranks better than 89.45% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

L K Mehta Polymers's net current asset value per share for the quarter that ended in Mar. 2026 was ₹27.07.

The historical rank and industry rank for L K Mehta Polymers's Net Current Asset Value or its related term are showing as below:

BOM:544366' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.41   Med: 1.81   Max: 1.94
Current: 1.41

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of L K Mehta Polymers was 1.94. The lowest was 1.41. And the median was 1.81.

BOM:544366's Price-to-Net-Current-Asset-Value is ranked better than
89.45% of 948 companies
in the Chemicals industry
Industry Median: 5.22 vs BOM:544366: 1.41

L K Mehta Polymers  (BOM:544366) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


L K Mehta Polymers Net Current Asset Value Related Terms


L K Mehta Polymers Net Current Asset Value Historical Data

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The historical data trend for L K Mehta Polymers's Net Current Asset Value 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.

L K Mehta Polymers Net Current Asset Value Chart

L K Mehta Polymers Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
2.66 3.08 5.12 25.75 27.07

L K Mehta Polymers Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Current Asset Value Get a 7-Day Free Trial 5.12 0.00 25.75 26.63 27.07

BOM:544366 vs LIN, SHW, ECL: Net Current Asset Value Comparison

For the Specialty Chemicals subindustry, L K Mehta Polymers's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


L K Mehta Polymers Price-to-Net-Current-Asset-Value vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, L K Mehta Polymers's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where L K Mehta Polymers's Price-to-Net-Current-Asset-Value falls into.


BOM:544366
9GF Score
L K Mehta Polymers Ltd BOM:544366
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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L K Mehta Polymers Net Current Asset Value Calculation

L K Mehta Polymers's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(213.864-109.921-0-0)/3.840
=27.07

L K Mehta Polymers's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(213.864-109.921-0-0)/3.840
=27.07

* 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.

What does a Net Current Asset Value of ₹27.07 mean?
L K Mehta Polymers (BOM:544366) has a Net Current Asset Value of ₹27.07 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on L K Mehta Polymers and its competitors. This is 1396% above median its historical median of 1.81. Over the past decade, L K Mehta Polymers' Net Current Asset Value has ranged from 1.41 to 1.94. According to the industry distribution chart, L K Mehta Polymers ranks #100 out of 948 companies in the Chemicals industry, placing it in the top 10.5%.
Is L K Mehta Polymers' Net Current Asset Value too high?
L K Mehta Polymers' current Net Current Asset Value of ₹27.07 is 1396% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 1.94. Based on the distribution chart, L K Mehta Polymers ranks #100 out of 948 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, L K Mehta Polymers has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does L K Mehta Polymers' Net Current Asset Value compare to LIN and SHW?
According to the Chemicals industry distribution chart, L K Mehta Polymers ranks #100 out of 948 companies for Net Current Asset Value. This places L K Mehta Polymers in the top 11% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.22. Historically, L K Mehta Polymers' own Net Current Asset Value has ranged from 1.41 to 1.94 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Chemicals company?
The median Net Current Asset Value among Chemicals companies is 5.22, based on 948 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on L K Mehta Polymers and its competitors. For the Chemicals industry, the median Net Current Asset Value is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L K Mehta Polymers's current Net Current Asset Value is ₹27.07, which is 1396% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L K Mehta Polymers stock overvalued right now?
L K Mehta Polymers (BOM:544366) has a current Net Current Asset Value of ₹27.07. The current Net Current Asset Value is ₹27.07, which is 1396% above median its 10-year median of 1.81. L K Mehta Polymers' overall GF Score™ is 9/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For L K Mehta Polymers (BOM:544366), the current Net Current Asset Value is ₹27.07 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.

L K Mehta Polymers Business Description

Address 1103/2, Mhow-Neemuch Road, Ratlam, MP, IND, 457001
L K Mehta Polymers Ltd is actively involved in the trading and manufacturing of a comprehensive array of plastic products, addressing the diverse needs of its discerning customers. Its product line is sold under the brand name Super Pack. The company offers a wide range of ropes and twines, including monofilament ropes, danline ropes, tape ropes, baler twines, and packaging twine (sutli). The company is also engaged in trading and reprocessing basic raw materials like polypropylene granules and polyethylene granules for its various customers.
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