Bajaj Steel IndustriesBOM:507944 -0.40%68 Quick Ratio is 0.96 as of Mar. 2026, which is 6% below its 10-year median of 1.02. GuruFocus rates BOM:507944 with a GF Score™ of 68/100 and a GF Value™ of ₹439.62 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,069 Industrial Products companies, Bajaj Steel Industries ranks worse than 72.17% on this metric.
Bajaj Steel Industries has a quick ratio of 0.96. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Bajaj Steel Industries's Quick Ratio or its related term are showing as below:
BOM:507944'
s Quick Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.02 Max: 1.34
Current: 0.96
During the past 13 years, Bajaj Steel Industries's highest Quick Ratio was 1.34. The lowest was 0.76. And the median was 1.02.
BOM:507944's Quick Ratio is ranked worse than 72.17% of 3069
companies
in the Industrial Products industry
Industry Median: 1.39
vs BOM:507944: 0.96
Bajaj Steel Industries (BOM:507944) 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.
Bajaj Steel Industries Quick Ratio Related Terms
Bajaj Steel Industries 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.
BOM:507944 vs GEV, ETN, PH: Quick Ratio Comparison
For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.
Bajaj Steel Industries Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Bajaj Steel Industries'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.
Bajaj Steel Industries'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.
Bajaj Steel Industries (BOM:507944) has a Quick Ratio of 0.96 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bajaj Steel Industries and its competitors. This is near median its historical median of 1.02. Over the past decade, Bajaj Steel Industries' Quick Ratio has ranged from 0.76 to 1.34. According to the industry distribution chart, Bajaj Steel Industries ranks #2215 out of 3069 companies in the Industrial Products industry, placing it in the top 72.2%.
Is Bajaj Steel Industries' Quick Ratio too high?
Bajaj Steel Industries' current Quick Ratio of 0.96 is near median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.34. The Industrial Products industry median Quick Ratio is 1.39. Bajaj Steel Industries' value of 0.96 is 30.9% below this industry median. Based on the distribution chart, Bajaj Steel Industries ranks #2215 out of 3069 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Bajaj Steel Industries has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Steel Industries' Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bajaj Steel Industries ranks #2215 out of 3069 companies for Quick Ratio. This places Bajaj Steel Industries in the lower half of its industry. The industry median Quick Ratio is 1.39. Bajaj Steel Industries' value of 0.96 is 30.9% below this benchmark. Historically, Bajaj Steel Industries' own Quick Ratio has ranged from 0.76 to 1.34 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.39, Bajaj Steel Industries 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 3,069 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. Bajaj Steel Industries's current Quick Ratio of 0.96 is 30.9% 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 Bajaj Steel Industries 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. Bajaj Steel Industries's current Quick Ratio is 0.96, which is near 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 Bajaj Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Steel Industries (BOM:507944) is currently considered Fairly Valued. The stock's GF Value™ is ₹439.62, compared to a current price of ₹400.65 — trading 8.9% below its estimated fair value. The current Quick Ratio is 0.96, which is near median its 10-year median of 1.02 and 30.9% below the Industrial Products industry median of 1.39. Bajaj Steel Industries' overall GF Score™ is 68/100 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 Bajaj Steel Industries (BOM:507944), the current Quick Ratio is 0.96 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 Bajaj Steel Industries (BOM:507944) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Steel Industries stock appears to be undervalued.
The current stock price of ₹400.65 is trading 8.9% below its estimated GF Value™ of ₹439.62.
GuruFocus considers Bajaj Steel Industries to be Fairly Valued.
Key valuation signals for BOM:507944:
Quick Ratio: 0.96 (near median its 10-year median of 1.02)
GF Value™: ₹439.62 vs. price of ₹400.65 (8.9% below fair value)
Industry Position: 30.9% below the Industrial Products median (#2215 of 3069)
No single metric tells the full story. See the BOM:507944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Steel Industries Ltd is engaged in various segments such as Cotton Processing Machinery Division, Infrastructure Division, Heavy Engineering Division, Electrical Panel Division, Heavy Engineering Division ,Other Products. The company generates maximum revenue from the Cotton Processing Machinery segment. It manufactures products such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
68GF Score
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