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Garware Marine IndustriesBOM:509563 -2.49%62 Quick Ratio is 19.04 as of Mar. 2026, which is 21% below its 10-year median of 24.19. GuruFocus rates BOM:509563 with a GF Score™ of 62/100 and a GF Value™ of ₹24.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 360 Aerospace & Defense companies, Garware Marine Industries ranks better than 98.89% on this metric.
Garware Marine Industries has a quick ratio of 19.04. It generally indicates good short-term financial strength.
The historical rank and industry rank for Garware Marine Industries's Quick Ratio or its related term are showing as below:
BOM:509563'
s Quick Ratio Range Over the Past 10 Years
Min: 11.62 Med: 24.19 Max: 28.78
Current: 19.04
During the past 13 years, Garware Marine Industries's highest Quick Ratio was 28.78. The lowest was 11.62. And the median was 24.19.
BOM:509563's Quick Ratio is ranked better than 98.89% of 360
companies
in the Aerospace & Defense industry
Industry Median: 1.315
vs BOM:509563: 19.04
Garware Marine Industries (BOM:509563) 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.
Garware Marine Industries Quick Ratio Related Terms
Garware Marine 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:509563 vs SPCX, GE, RTX: Quick Ratio Comparison
For the Aerospace & Defense subindustry, Garware Marine 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.
Garware Marine Industries Quick Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Garware Marine Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Garware Marine 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.
Garware Marine 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.
Garware Marine Industries (BOM:509563) has a Quick Ratio of 19.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Garware Marine Industries and its competitors. This is 21% below median its historical median of 24.19. Over the past decade, Garware Marine Industries' Quick Ratio has ranged from 11.62 to 28.78. According to the industry distribution chart, Garware Marine Industries ranks #4 out of 360 companies in the Aerospace & Defense industry, placing it in the top 1.1%.
Is Garware Marine Industries' Quick Ratio too high?
Garware Marine Industries' current Quick Ratio of 19.04 is 21% below median its 10-year median of 24.19. Over the past 10 years, this metric has ranged from a low of 11.62 to a high of 28.78. The Aerospace & Defense industry median Quick Ratio is 1.32. Garware Marine Industries' value of 19.04 is 1347.9% above this industry median. Based on the distribution chart, Garware Marine Industries ranks #4 out of 360 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Garware Marine Industries has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Marine Industries' Quick Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Garware Marine Industries ranks #4 out of 360 companies for Quick Ratio. This places Garware Marine Industries in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.32. Garware Marine Industries' value of 19.04 is 1347.9% above this benchmark. Historically, Garware Marine Industries' own Quick Ratio has ranged from 11.62 to 28.78 over the past decade. While the company's 10-year median is 24.19 vs. the industry median of 1.32, Garware Marine Industries 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 Aerospace & Defense company?
The median Quick Ratio among Aerospace & Defense companies is 1.32, based on 360 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. Garware Marine Industries's current Quick Ratio of 19.04 is 1347.9% 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 Garware Marine Industries and its competitors. For the Aerospace & Defense industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Marine Industries's current Quick Ratio is 19.04, which is 21% below median its own 10-year median of 24.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Marine Industries stock overvalued right now?
Based on GuruFocus' analysis, Garware Marine Industries (BOM:509563) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.55, compared to a current price of ₹21.15 — trading 13.8% below its estimated fair value. The current Quick Ratio is 19.04, which is 21% below median its 10-year median of 24.19 and 1347.9% above the Aerospace & Defense industry median of 1.32. Garware Marine Industries' overall GF Score™ is 62/100 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 Garware Marine Industries (BOM:509563), the current Quick Ratio is 19.04 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 Garware Marine Industries (BOM:509563) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Marine Industries stock appears to be undervalued.
The current stock price of ₹21.15 is trading 13.8% below its estimated GF Value™ of ₹24.55.
GuruFocus considers Garware Marine Industries to be Modestly Undervalued.
Key valuation signals for BOM:509563:
Quick Ratio: 19.04 (21% below median its 10-year median of 24.19)
GF Value™: ₹24.55 vs. price of ₹21.15 (13.8% below fair value)
Industry Position: 1347.9% above the Aerospace & Defense median (#4 of 360)
No single metric tells the full story. See the BOM:509563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Marine Industries Ltd is an India-based company engaged in the repair of vessels. The principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhauls, Hydraulic repairs, gearbox repair, and Pipeline and other marine fabrication jobs.
62GF Score
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