Bhagawati Gas (BOM:500051) Quick Ratio: 4.19 (As of Mar. 2026) — 46% Above Median

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BOM:500051 Bhagawati Gas Ltd BOM:500051
18 GF Score
Price ₹11.23
! 4 Warning Signs
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What is Bhagawati Gas Quick Ratio?

Bhagawati Gas BOM:500051 -1.92% 18 Quick Ratio is 4.19 as of Mar. 2026, which is 46% above its 10-year median of 2.87. GuruFocus rates BOM:500051 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 506 Utilities - Regulated companies, Bhagawati Gas ranks better than 94.27% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Bhagawati Gas's quick ratio for the quarter that ended in Mar. 2026 was 4.19.

Bhagawati Gas has a quick ratio of 4.19. It generally indicates good short-term financial strength.

The historical rank and industry rank for Bhagawati Gas's Quick Ratio or its related term are showing as below:

BOM:500051' s Quick Ratio Range Over the Past 10 Years
Min: 1.21   Med: 2.87   Max: 4.19
Current: 4.19

During the past 13 years, Bhagawati Gas's highest Quick Ratio was 4.19. The lowest was 1.21. And the median was 2.87.

BOM:500051's Quick Ratio is ranked better than
94.27% of 506 companies
in the Utilities - Regulated industry
Industry Median: 1.005 vs BOM:500051: 4.19

Bhagawati Gas  (BOM:500051) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Bhagawati Gas Quick Ratio Related Terms


Bhagawati Gas Quick Ratio Historical Data

* Premium members only.

The historical data trend for Bhagawati Gas's Quick 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.

Bhagawati Gas Quick Ratio Chart

Bhagawati Gas Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 3.68 1.21 1.22 4.19

Bhagawati Gas Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 1.22 2.41 2.36 2.33 4.19

BOM:500051 vs AWK, WTRG, AWR: Quick Ratio Comparison

For the Utilities - Regulated Water subindustry, Bhagawati Gas's Quick Ratio, along with its competitors' market caps and Quick 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.


Bhagawati Gas Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Bhagawati Gas's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Bhagawati Gas's Quick Ratio falls into.


BOM:500051
18GF Score
Bhagawati Gas Ltd BOM:500051
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhagawati Gas Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Bhagawati Gas's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(125.711-2.538)/29.39
=4.19

Bhagawati Gas's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(125.711-2.538)/29.39
=4.19

* 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 Quick Ratio →
What does a Quick Ratio of 4.19 mean?
Bhagawati Gas (BOM:500051) has a Quick Ratio of 4.19 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bhagawati Gas and its competitors. This is 46% above median its historical median of 2.87. Over the past decade, Bhagawati Gas' Quick Ratio has ranged from 1.21 to 4.19. According to the industry distribution chart, Bhagawati Gas ranks #29 out of 506 companies in the Utilities - Regulated industry, placing it in the top 5.7%.
Is Bhagawati Gas' Quick Ratio too high?
Bhagawati Gas' current Quick Ratio of 4.19 is 46% above median its 10-year median of 2.87. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 4.19. The Utilities - Regulated industry median Quick Ratio is 1.01. Bhagawati Gas' value of 4.19 is 316.9% above this industry median. Based on the distribution chart, Bhagawati Gas ranks #29 out of 506 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Bhagawati Gas has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bhagawati Gas' Quick Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Bhagawati Gas ranks #29 out of 506 companies for Quick Ratio. This places Bhagawati Gas in the top 6% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.01. Bhagawati Gas' value of 4.19 is 316.9% above this benchmark. Historically, Bhagawati Gas' own Quick Ratio has ranged from 1.21 to 4.19 over the past decade. While the company's 10-year median is 2.87 vs. the industry median of 1.01, Bhagawati Gas 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 Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bhagawati Gas's current Quick Ratio of 4.19 is 316.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bhagawati Gas and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagawati Gas's current Quick Ratio is 4.19, which is 46% above median its own 10-year median of 2.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagawati Gas stock overvalued right now?
Bhagawati Gas (BOM:500051) has a current Quick Ratio of 4.19. The current Quick Ratio is 4.19, which is 46% above median its 10-year median of 2.87 and 316.9% above the Utilities - Regulated industry median of 1.01. Bhagawati Gas' 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Bhagawati Gas (BOM:500051), the current Quick Ratio is 4.19 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.

Bhagawati Gas Business Description

Address S-492/A, Greater Kailash-I, New Delhi, IND, 110048
Bhagawati Gas Ltd is engaged in the production, distribution, and marketing of industrial gases, green technologies, and sustainable solutions. The company has diversified businesses in industrial gases, wastewater treatment, renewable energy, contracting, and international trading fields. The manufacturing activities of the company include the operation of large-tonnage air separation plants for the production ofatmospheric industrial gases, along with the manufacturing of FRP pipes and composite products that cater to criticalsectors such as oil & gas, water supply, and infrastructure. The company derives maximum revenue from water treatment activities.
18GF Score

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