Shringar House Of Mangalsutra (NSE:SHRINGARMS) Net Current Asset Value: ₹62.66 (As of Mar. 2026) — 2256% Above Median

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NSE:SHRINGARMS Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
18 GF Score
Price ₹224.56
! 4 Warning Signs
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What is Shringar House Of Mangalsutra Net Current Asset Value?

Shringar House Of Mangalsutra NSE:SHRINGARMS -0.65% 18 Net Current Asset Value is ₹62.66 as of Mar. 2026, which is 100% below its 10-year median of 2.66. GuruFocus rates NSE:SHRINGARMS with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 559 Retail - Cyclical companies, Shringar House Of Mangalsutra ranks worse than 54.38% 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).

Shringar House Of Mangalsutra's net current asset value per share for the quarter that ended in Mar. 2026 was ₹62.66.

The historical rank and industry rank for Shringar House Of Mangalsutra's Net Current Asset Value or its related term are showing as below:

NSE:SHRINGARMS' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.66   Med: 2.66   Max: 3.58
Current: 3.58

During the past 5 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shringar House Of Mangalsutra was 3.58. The lowest was 2.66. And the median was 2.66.

NSE:SHRINGARMS's Price-to-Net-Current-Asset-Value is ranked worse than
54.38% of 559 companies
in the Retail - Cyclical industry
Industry Median: 3.09 vs NSE:SHRINGARMS: 3.58

Shringar House Of Mangalsutra  (NSE:SHRINGARMS) 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.


Shringar House Of Mangalsutra Net Current Asset Value Related Terms


Shringar House Of Mangalsutra Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Shringar House Of Mangalsutra'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.

Shringar House Of Mangalsutra Net Current Asset Value Chart

Shringar House Of Mangalsutra Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
3.21 5.51 8.46 15.54 62.66

Shringar House Of Mangalsutra Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only 0.00 15.54 57.95 0.00 62.66

NSE:SHRINGARMS vs TPR: Net Current Asset Value Comparison

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


Shringar House Of Mangalsutra Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

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

* The bar in red indicates where Shringar House Of Mangalsutra's Price-to-Net-Current-Asset-Value falls into.


NSE:SHRINGARMS
18GF Score
Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Shringar House Of Mangalsutra Net Current Asset Value Calculation

Shringar House Of Mangalsutra'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)
=(8182.26-2139.44-0-0)/96.432
=62.66

Shringar House Of Mangalsutra'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)
=(8182.26-2139.44-0-0)/96.432
=62.66

* 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 ₹62.66 mean?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a Net Current Asset Value of ₹62.66 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 Shringar House Of Mangalsutra and its competitors. This is 2256% above median its historical median of 2.66. Over the past decade, Shringar House Of Mangalsutra's Net Current Asset Value has ranged from 2.66 to 3.58. According to the industry distribution chart, Shringar House Of Mangalsutra ranks #304 out of 559 companies in the Retail - Cyclical industry, placing it in the top 54.4%.
Is Shringar House Of Mangalsutra's Net Current Asset Value too high?
Shringar House Of Mangalsutra's current Net Current Asset Value of ₹62.66 is 2256% above median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 3.58. Based on the distribution chart, Shringar House Of Mangalsutra ranks #304 out of 559 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Shringar House Of Mangalsutra has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shringar House Of Mangalsutra's Net Current Asset Value compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shringar House Of Mangalsutra ranks #304 out of 559 companies for Net Current Asset Value. This places Shringar House Of Mangalsutra in the lower half of its industry. The industry median Net Current Asset Value is 3.09. Historically, Shringar House Of Mangalsutra's own Net Current Asset Value has ranged from 2.66 to 3.58 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 Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.09, based on 559 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 Shringar House Of Mangalsutra and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shringar House Of Mangalsutra's current Net Current Asset Value is ₹62.66, which is 2256% above median its own 10-year median of 2.66. 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 Net Current Asset Value of ₹62.66. The current Net Current Asset Value is ₹62.66, which is 2256% above median its 10-year median of 2.66. Shringar House Of Mangalsutra's overall GF Score™ is 18/100 with 4 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 Shringar House Of Mangalsutra (NSE:SHRINGARMS), the current Net Current Asset Value is ₹62.66 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.
18GF Score

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

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