Ion Exchange (India) (BOM:500214) Quick Ratio: 1.19 (As of Mar. 2026) — Near Median

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BOM:500214 Ion Exchange (India) Ltd BOM:500214
74 GF Score
Price ₹452.00
GF Value ₹648.53
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Ion Exchange (India) Quick Ratio?

Ion Exchange (India) BOM:500214 -3.62% 74 Quick Ratio is 1.19 as of Mar. 2026, which is at its 10-year median of 1.19. GuruFocus rates BOM:500214 with a GF Score™ of 74/100 and a GF Value™ of ₹648.53 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 3,072 Industrial Products companies, Ion Exchange (India) ranks worse than 59.9% 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. Ion Exchange (India)'s quick ratio for the quarter that ended in Mar. 2026 was 1.19.

Ion Exchange (India) has a quick ratio of 1.19. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ion Exchange (India)'s Quick Ratio or its related term are showing as below:

BOM:500214' s Quick Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.19   Max: 1.36
Current: 1.19

During the past 13 years, Ion Exchange (India)'s highest Quick Ratio was 1.36. The lowest was 0.87. And the median was 1.19.

BOM:500214's Quick Ratio is ranked worse than
59.9% of 3072 companies
in the Industrial Products industry
Industry Median: 1.39 vs BOM:500214: 1.19

Ion Exchange (India)  (BOM:500214) 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.


Ion Exchange (India) Quick Ratio Related Terms


Ion Exchange (India) Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ion Exchange (India)'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.

Ion Exchange (India) Quick Ratio Chart

Ion Exchange (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.34 1.36 1.28 1.19

Ion Exchange (India) Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 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 1.26 1.34 1.36 1.28 1.19

BOM:500214 vs VLTO, ZWS, CECO: Quick Ratio Comparison

For the Pollution & Treatment Controls subindustry, Ion Exchange (India)'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.


Ion Exchange (India) Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ion Exchange (India)'s Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ion Exchange (India)'s Quick Ratio falls into.


BOM:500214
74GF Score
Ion Exchange (India) Ltd BOM:500214
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ion Exchange (India) 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.

Ion Exchange (India)'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
=(23567.2-4413.9)/16134.2
=1.19

Ion Exchange (India)'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
=(23567.2-4413.9)/16134.2
=1.19

* 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 1.19 mean?
Ion Exchange (India) (BOM:500214) has a Quick Ratio of 1.19 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ion Exchange (India) and its competitors. This is near median its historical median of 1.19. Over the past decade, Ion Exchange (India)'s Quick Ratio has ranged from 0.87 to 1.36. According to the industry distribution chart, Ion Exchange (India) ranks #1840 out of 3072 companies in the Industrial Products industry, placing it in the top 59.9%.
Is Ion Exchange (India)'s Quick Ratio too high?
Ion Exchange (India)'s current Quick Ratio of 1.19 is near median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.36. The Industrial Products industry median Quick Ratio is 1.39. Ion Exchange (India)'s value of 1.19 is 14.4% below this industry median. Based on the distribution chart, Ion Exchange (India) ranks #1840 out of 3072 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ion Exchange (India) has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ion Exchange (India)'s Quick Ratio compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Ion Exchange (India) ranks #1840 out of 3072 companies for Quick Ratio. This places Ion Exchange (India) in the lower half of its industry. The industry median Quick Ratio is 1.39. Ion Exchange (India)'s value of 1.19 is 14.4% below this benchmark. Historically, Ion Exchange (India)'s own Quick Ratio has ranged from 0.87 to 1.36 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.39, Ion Exchange (India) has consistently been below 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,072 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. Ion Exchange (India)'s current Quick Ratio of 1.19 is 14.4% below 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 Ion Exchange (India) and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Exchange (India)'s current Quick Ratio is 1.19, which is near median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Exchange (India) stock overvalued right now?
Based on GuruFocus' analysis, Ion Exchange (India) (BOM:500214) is currently considered Possible Value Trap. The stock's GF Value™ is ₹648.53, compared to a current price of ₹452.00 — trading 30.3% below its estimated fair value. The current Quick Ratio is 1.19, which is near median its 10-year median of 1.19 and 14.4% below the Industrial Products industry median of 1.39. Ion Exchange (India)'s overall GF Score™ is 74/100 with 8 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 Ion Exchange (India) (BOM:500214), the current Quick Ratio is 1.19 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.

Is Ion Exchange (India) (BOM:500214) Overvalued in 2026?

Based on GuruFocus' analysis, Ion Exchange (India) stock appears to be undervalued. The current stock price of ₹452.00 is trading 30.3% below its estimated GF Value™ of ₹648.53. GuruFocus considers Ion Exchange (India) to be Possible Value Trap.

Key valuation signals for BOM:500214:

  • Quick Ratio: 1.19 (near median its 10-year median of 1.19)
  • GF Value™: ₹648.53 vs. price of ₹452.00 (30.3% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 14.4% below the Industrial Products median (#1840 of 3072)

No single metric tells the full story. See the BOM:500214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ion Exchange (India) Business Description

Other Exchanges IONEXCHANG:India
Address Dr. E. Moses Road, Ion House, Mahalaxmi, Mumbai, MH, IND, 400011
Ion Exchange (India) Ltd offers a wide range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water, seawater desalination, etc. It also engaged in manufacturing resins, and specialty chemicals for water and wastewater treatment as well as non-water applications. It operates its business through the Engineering segment, which is a key revenue driver that comprises water treatment plants, spares, and services in connection with the plants; the Chemicals segment consists of resins, water treatment chemicals, sugar chemicals, and paper chemicals; and the Consumer Products segment comprises domestic water purifiers. It caters to both domestic and international markets.
74GF Score

Get the complete analysis for BOM:500214

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

₹452.00
Price
₹648.53
GF Value