SPML Infra (BOM:500402) Quick Ratio: 1.54 (As of Mar. 2026) — 51% Above Median


BOM:500402 SPML Infra Ltd BOM:500402
55 GF Score
Price ₹193.05
GF Value ₹112.43
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SPML Infra Quick Ratio?

SPML Infra BOM:500402 +1.69% 55 Quick Ratio is 1.54 as of Mar. 2026, which is 51% above its 10-year median of 1.02. GuruFocus rates BOM:500402 with a GF Score™ of 55/100 and a GF Value™ of ₹112.43 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,783 Construction companies, SPML Infra ranks better than 62.09% 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. SPML Infra's quick ratio for the quarter that ended in Mar. 2026 was 1.54.

SPML Infra has a quick ratio of 1.54. It generally indicates good short-term financial strength.

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

BOM:500402' s Quick Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.02   Max: 1.74
Current: 1.54

During the past 13 years, SPML Infra's highest Quick Ratio was 1.74. The lowest was 0.79. And the median was 1.02.

BOM:500402's Quick Ratio is ranked better than
62.09% of 1783 companies
in the Construction industry
Industry Median: 1.29 vs BOM:500402: 1.54

SPML Infra  (BOM:500402) 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.


SPML Infra Quick Ratio Related Terms


SPML Infra Quick Ratio Historical Data

* Premium members only.

The historical data trend for SPML Infra'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.

SPML Infra Quick Ratio Chart

SPML Infra 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 1.02 0.99 1.42 1.74 1.54

SPML Infra Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 1.74 0.00 1.73 0.00 1.54

BOM:500402 vs PWR, FIX, EME: Quick Ratio Comparison

For the Engineering & Construction subindustry, SPML Infra'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.


SPML Infra Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, SPML Infra's Quick Ratio distribution charts can be found below:

* The bar in red indicates where SPML Infra's Quick Ratio falls into.


BOM:500402
55GF Score
SPML Infra Ltd BOM:500402
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPML Infra 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.

SPML Infra'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
=(13280.549-1240.246)/7828.964
=1.54

SPML Infra'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
=(13280.549-1240.246)/7828.964
=1.54

* 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 1.54 mean?
SPML Infra (BOM:500402) has a Quick Ratio of 1.54 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on SPML Infra and its competitors. This is 51% above median its historical median of 1.02. Over the past decade, SPML Infra's Quick Ratio has ranged from 0.79 to 1.74. According to the industry distribution chart, SPML Infra ranks #676 out of 1783 companies in the Construction industry, placing it in the top 37.9%.
Is SPML Infra's Quick Ratio too high?
SPML Infra's current Quick Ratio of 1.54 is 51% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 1.74. The Construction industry median Quick Ratio is 1.29. SPML Infra's value of 1.54 is 19.4% above this industry median. Based on the distribution chart, SPML Infra ranks #676 out of 1783 companies in the Construction industry, which is above the industry midpoint. Overall, SPML Infra has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPML Infra's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, SPML Infra ranks #676 out of 1783 companies for Quick Ratio. This puts SPML Infra in the upper half of its industry. The industry median Quick Ratio is 1.29. SPML Infra's value of 1.54 is 19.4% above this benchmark. Historically, SPML Infra's own Quick Ratio has ranged from 0.79 to 1.74 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.29, SPML Infra 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 Construction company?
The median Quick Ratio among Construction companies is 1.29, based on 1,783 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. SPML Infra's current Quick Ratio of 1.54 is 19.4% 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 SPML Infra and its competitors. For the Construction industry, the median Quick Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPML Infra's current Quick Ratio is 1.54, which is 51% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPML Infra stock overvalued right now?
Based on GuruFocus' analysis, SPML Infra (BOM:500402) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹112.43, compared to a current price of ₹193.05 — trading 71.7% above its estimated fair value. The current Quick Ratio is 1.54, which is 51% above median its 10-year median of 1.02 and 19.4% above the Construction industry median of 1.29. SPML Infra's overall GF Score™ is 55/100 with 5 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 SPML Infra (BOM:500402), the current Quick Ratio is 1.54 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 SPML Infra (BOM:500402) Overvalued in 2026?

Based on GuruFocus' analysis, SPML Infra stock appears to be overvalued. The current stock price of ₹193.05 is trading 71.7% above its estimated GF Value™ of ₹112.43. GuruFocus considers SPML Infra to be Significantly Overvalued.

Key valuation signals for BOM:500402:

  • Quick Ratio: 1.54 (51% above median its 10-year median of 1.02)
  • GF Value™: ₹112.43 vs. price of ₹193.05 (71.7% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 19.4% above the Construction median (#676 of 1783)

No single metric tells the full story. See the BOM:500402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPML Infra Business Description

Other Exchanges SPMLINFRA:India
Address 22, Camac Street, Block A, 3rd Floor, Kolkata, WB, IND, 700016
SPML Infra Ltd is an Indian-based infrastructure development company. It is engaged in providing infrastructure solutions for water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructures. The company's operating segment includes Construction, Hydro Power Generation, Waste Management, and Others. Geographically, it operates only in India.
55GF Score

Get the complete analysis for BOM:500402

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

₹193.05
Price
₹112.43
GF Value