Shiva TexyarnBOM:511108 63 Quick Ratio is 0.61 as of Mar. 2026, which is 42% above its 10-year median of 0.43. GuruFocus rates BOM:511108 with a GF Score™ of 63/100 and a GF Value™ of ₹176.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,065 Manufacturing - Apparel & Accessories companies, Shiva Texyarn ranks worse than 77% 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. Shiva Texyarn's quick ratio for the quarter that ended in Mar. 2026 was 0.61.
Shiva Texyarn has a quick ratio of 0.61. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Shiva Texyarn's Quick Ratio or its related term are showing as below:
BOM:511108'
s Quick Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.43 Max: 0.61
Current: 0.61
During the past 13 years, Shiva Texyarn's highest Quick Ratio was 0.61. The lowest was 0.32. And the median was 0.43.
Shiva Texyarn (BOM:511108) 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.
Shiva Texyarn Quick Ratio Related Terms
Shiva Texyarn Quick Ratio Historical Data
* Premium members only.
The historical data trend for Shiva Texyarn'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.
For the Textile Manufacturing subindustry, Shiva Texyarn'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.
Shiva Texyarn Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shiva Texyarn's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shiva Texyarn'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.
Shiva Texyarn'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.
Shiva Texyarn (BOM:511108) has a Quick Ratio of 0.61 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shiva Texyarn and its competitors. This is 42% above median its historical median of 0.43. Over the past decade, Shiva Texyarn's Quick Ratio has ranged from 0.32 to 0.61. According to the industry distribution chart, Shiva Texyarn ranks #820 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77%.
Is Shiva Texyarn's Quick Ratio too high?
Shiva Texyarn's current Quick Ratio of 0.61 is 42% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 0.61. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Shiva Texyarn's value of 0.61 is 45% below this industry median. Based on the distribution chart, Shiva Texyarn ranks #820 out of 1065 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shiva Texyarn has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shiva Texyarn's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shiva Texyarn ranks #820 out of 1065 companies for Quick Ratio. This places Shiva Texyarn in the lower half of its industry. The industry median Quick Ratio is 1.11. Shiva Texyarn's value of 0.61 is 45% below this benchmark. Historically, Shiva Texyarn's own Quick Ratio has ranged from 0.32 to 0.61 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.11, Shiva Texyarn 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 a Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,065 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. Shiva Texyarn's current Quick Ratio of 0.61 is 45% 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 Shiva Texyarn 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. Shiva Texyarn's current Quick Ratio is 0.61, which is 42% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiva Texyarn stock overvalued right now?
Based on GuruFocus' analysis, Shiva Texyarn (BOM:511108) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹176.94, compared to a current price of ₹151.00 — trading 14.7% below its estimated fair value. The current Quick Ratio is 0.61, which is 42% above median its 10-year median of 0.43 and 45% below the Manufacturing - Apparel & Accessories industry median of 1.11. Shiva Texyarn's overall GF Score™ is 63/100 with 3 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 Shiva Texyarn (BOM:511108), the current Quick Ratio is 0.61 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 Shiva Texyarn (BOM:511108) Overvalued in 2026?
Based on GuruFocus' analysis, Shiva Texyarn stock appears to be undervalued.
The current stock price of ₹151.00 is trading 14.7% below its estimated GF Value™ of ₹176.94.
GuruFocus considers Shiva Texyarn to be Modestly Undervalued.
Key valuation signals for BOM:511108:
Quick Ratio: 0.61 (42% above median its 10-year median of 0.43)
GF Value™: ₹176.94 vs. price of ₹151.00 (14.7% below fair value)
Industry Position: 45% below the Manufacturing - Apparel & Accessories median (#820 of 1065)
No single metric tells the full story. See the BOM:511108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shiva Texyarn Ltd is engaged in the manufacturing of yarn and technical textile products like coated and laminated fabrics, garments, and other value-added products. The company's products are marketed through brands like Quick Dry, Quick Fit, Q Club, Stylfin, Paw Paw, and Indishape. Geographically, it derives maximum revenue from India, and also exports its products to other markets.
63GF Score
Get the complete analysis for BOM:511108
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:511108 has been successfully added to your 
