Indian Card Clothing CoBOM:509692 65 Quick Ratio is 8.55 as of Mar. 2026, which is 194% above its 10-year median of 2.91. GuruFocus rates BOM:509692 with a GF Score™ of 65/100 and a GF Value™ of ₹236.69 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Indian Card Clothing Co ranks better than 95.48% on this metric.
Indian Card Clothing Co has a quick ratio of 8.55. It generally indicates good short-term financial strength.
The historical rank and industry rank for Indian Card Clothing Co's Quick Ratio or its related term are showing as below:
BOM:509692'
s Quick Ratio Range Over the Past 10 Years
Min: 1.25 Med: 2.91 Max: 16.47
Current: 8.55
During the past 13 years, Indian Card Clothing Co's highest Quick Ratio was 16.47. The lowest was 1.25. And the median was 2.91.
BOM:509692's Quick Ratio is ranked better than 95.48% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11
vs BOM:509692: 8.55
Indian Card Clothing Co (BOM:509692) 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.
Indian Card Clothing Co Quick Ratio Related Terms
Indian Card Clothing Co 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.
Indian Card Clothing Co Quick Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Indian Card Clothing Co'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.
Indian Card Clothing Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Card Clothing Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Indian Card Clothing Co'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.
Indian Card Clothing Co'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.
Indian Card Clothing Co (BOM:509692) has a Quick Ratio of 8.55 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indian Card Clothing Co and its competitors. This is 194% above median its historical median of 2.91. Over the past decade, Indian Card Clothing Co's Quick Ratio has ranged from 1.25 to 16.47. According to the industry distribution chart, Indian Card Clothing Co ranks #48 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.5%.
Is Indian Card Clothing Co's Quick Ratio too high?
Indian Card Clothing Co's current Quick Ratio of 8.55 is 194% above median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 16.47. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Indian Card Clothing Co's value of 8.55 is 670.3% above this industry median. Based on the distribution chart, Indian Card Clothing Co ranks #48 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Card Clothing Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Card Clothing Co's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indian Card Clothing Co ranks #48 out of 1062 companies for Quick Ratio. This places Indian Card Clothing Co in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Indian Card Clothing Co's value of 8.55 is 670.3% above this benchmark. Historically, Indian Card Clothing Co's own Quick Ratio has ranged from 1.25 to 16.47 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 1.11, Indian Card Clothing Co 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,062 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. Indian Card Clothing Co's current Quick Ratio of 8.55 is 670.3% 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 Indian Card Clothing Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Card Clothing Co's current Quick Ratio is 8.55, which is 194% above median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Card Clothing Co stock overvalued right now?
Based on GuruFocus' analysis, Indian Card Clothing Co (BOM:509692) is currently considered Fairly Valued. The stock's GF Value™ is ₹236.69, compared to a current price of ₹227.75 — trading 3.8% below its estimated fair value. The current Quick Ratio is 8.55, which is 194% above median its 10-year median of 2.91 and 670.3% above the Manufacturing - Apparel & Accessories industry median of 1.11. Indian Card Clothing Co's overall GF Score™ is 65/100 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 Indian Card Clothing Co (BOM:509692), the current Quick Ratio is 8.55 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 Indian Card Clothing Co (BOM:509692) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Card Clothing Co stock appears to be undervalued.
The current stock price of ₹227.75 is trading 3.8% below its estimated GF Value™ of ₹236.69.
GuruFocus considers Indian Card Clothing Co to be Fairly Valued.
Key valuation signals for BOM:509692:
Quick Ratio: 8.55 (194% above median its 10-year median of 2.91)
GF Value™: ₹236.69 vs. price of ₹227.75 (3.8% below fair value)
Industry Position: 670.3% above the Manufacturing - Apparel & Accessories median (#48 of 1062)
No single metric tells the full story. See the BOM:509692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Card Clothing Co Ltd (ICC) is a precision engineering company specializing in the manufacturing and supply of card clothing products and carding solutions for the textile industry. ICC has developed card clothing products such as cylinder wires, doffer wires, lickerin wires, and flat tops used in cotton carding and non-woven textile processes. The company operates manufacturing facilities in Pune, Maharashtra, and Nalagarh, Himachal Pradesh, catering to domestic and international markets. It generates revenue through sales of card clothing sets and related accessories to textile producers. ICC focuses on technology-driven product innovation to meet evolving industry requirements.
65GF Score
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