India Lease DevelopmentBOM:500202 -4.68%63 Quick Ratio is 120.51 as of Mar. 2026, which is 1929% above its 10-year median of 5.94. GuruFocus rates BOM:500202 with a GF Score™ of 63/100 and a GF Value™ of ₹9.10 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 396 Credit Services companies, India Lease Development ranks better than 80.81% on this metric.
India Lease Development has a quick ratio of 120.51. It generally indicates good short-term financial strength.
The historical rank and industry rank for India Lease Development's Quick Ratio or its related term are showing as below:
BOM:500202'
s Quick Ratio Range Over the Past 10 Years
Min: 3.12 Med: 5.94 Max: 120.51
Current: 120.51
During the past 13 years, India Lease Development's highest Quick Ratio was 120.51. The lowest was 3.12. And the median was 5.94.
BOM:500202's Quick Ratio is ranked better than 80.81% of 396
companies
in the Credit Services industry
Industry Median: 4.71
vs BOM:500202: 120.51
India Lease Development (BOM:500202) 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.
India Lease Development Quick Ratio Related Terms
India Lease Development Quick Ratio Historical Data
* 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.
For the Credit Services subindustry, India Lease Development'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.
India Lease Development Quick Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, India Lease Development's Quick Ratio distribution charts can be found below:
* The bar in red indicates where India Lease Development's Quick Ratio falls into.
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.
India Lease Development's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
India Lease Development (BOM:500202) has a Quick Ratio of 120.51 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on India Lease Development and its competitors. This is 1929% above median its historical median of 5.94. Over the past decade, India Lease Development's Quick Ratio has ranged from 3.12 to 120.51. According to the industry distribution chart, India Lease Development ranks #76 out of 396 companies in the Credit Services industry, placing it in the top 19.2%.
Is India Lease Development's Quick Ratio too high?
India Lease Development's current Quick Ratio of 120.51 is 1929% above median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 3.12 to a high of 120.51. The Credit Services industry median Quick Ratio is 4.71. India Lease Development's value of 120.51 is 2458.6% above this industry median. Based on the distribution chart, India Lease Development ranks #76 out of 396 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, India Lease Development has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does India Lease Development's Quick Ratio compare to V and MA?
According to the Credit Services industry distribution chart, India Lease Development ranks #76 out of 396 companies for Quick Ratio. This places India Lease Development in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 4.71. India Lease Development's value of 120.51 is 2458.6% above this benchmark. Historically, India Lease Development's own Quick Ratio has ranged from 3.12 to 120.51 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 4.71, India Lease Development 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 a Credit Services company?
The median Quick Ratio among Credit Services companies is 4.71, based on 396 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. India Lease Development's current Quick Ratio of 120.51 is 2458.6% 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 India Lease Development and its competitors. For the Credit Services industry, the median Quick Ratio is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Lease Development's current Quick Ratio is 120.51, which is 1929% above median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Lease Development stock overvalued right now?
Based on GuruFocus' analysis, India Lease Development (BOM:500202) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹9.10, compared to a current price of ₹8.15 — trading 10.4% below its estimated fair value. The current Quick Ratio is 120.51, which is 1929% above median its 10-year median of 5.94 and 2458.6% above the Credit Services industry median of 4.71. India Lease Development's overall GF Score™ is 63/100 with 2 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 India Lease Development (BOM:500202), the current Quick Ratio is 120.51 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.
Is India Lease Development (BOM:500202) Overvalued in 2026?
Based on GuruFocus' analysis, India Lease Development stock appears to be undervalued.
The current stock price of ₹8.15 is trading 10.4% below its estimated GF Value™ of ₹9.10.
GuruFocus considers India Lease Development to be Modestly Undervalued.
Key valuation signals for BOM:500202:
Quick Ratio: 120.51 (1929% above median its 10-year median of 5.94)
GF Value™: ₹9.10 vs. price of ₹8.15 (10.4% below fair value)
Industry Position: 2458.6% above the Credit Services median (#76 of 396)
No single metric tells the full story. See the BOM:500202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:500202 has been successfully added to your 
