Shri Jagdamba PolymersBOM:512453 +2.30%66 Quick Ratio is 2.10 as of Mar. 2026, which is 11% below its 10-year median of 2.37. GuruFocus rates BOM:512453 with a GF Score™ of 66/100 and a GF Value™ of ₹821.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,063 Manufacturing - Apparel & Accessories companies, Shri Jagdamba Polymers ranks better than 76.01% on this metric.
Shri Jagdamba Polymers has a quick ratio of 2.10. It generally indicates good short-term financial strength.
The historical rank and industry rank for Shri Jagdamba Polymers's Quick Ratio or its related term are showing as below:
BOM:512453'
s Quick Ratio Range Over the Past 10 Years
Min: 1.1 Med: 2.37 Max: 6.73
Current: 2.1
During the past 13 years, Shri Jagdamba Polymers's highest Quick Ratio was 6.73. The lowest was 1.10. And the median was 2.37.
BOM:512453's Quick Ratio is ranked better than 76.01% of 1063
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11
vs BOM:512453: 2.10
Shri Jagdamba Polymers (BOM:512453) 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.
Shri Jagdamba Polymers Quick Ratio Related Terms
Shri Jagdamba Polymers 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.
Shri Jagdamba Polymers Quick Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Shri Jagdamba Polymers'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.
Shri Jagdamba Polymers Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shri Jagdamba Polymers's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Shri Jagdamba Polymers'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.
Shri Jagdamba Polymers'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.
Shri Jagdamba Polymers (BOM:512453) has a Quick Ratio of 2.10 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shri Jagdamba Polymers and its competitors. This is 11% below median its historical median of 2.37. Over the past decade, Shri Jagdamba Polymers' Quick Ratio has ranged from 1.10 to 6.73. According to the industry distribution chart, Shri Jagdamba Polymers ranks #255 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 24%.
Is Shri Jagdamba Polymers' Quick Ratio too high?
Shri Jagdamba Polymers' current Quick Ratio of 2.10 is 11% below median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 6.73. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Shri Jagdamba Polymers' value of 2.10 is 89.2% above this industry median. Based on the distribution chart, Shri Jagdamba Polymers ranks #255 out of 1063 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shri Jagdamba Polymers has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Jagdamba Polymers' Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shri Jagdamba Polymers ranks #255 out of 1063 companies for Quick Ratio. This places Shri Jagdamba Polymers in the top 24% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Shri Jagdamba Polymers' value of 2.10 is 89.2% above this benchmark. Historically, Shri Jagdamba Polymers' own Quick Ratio has ranged from 1.10 to 6.73 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 1.11, Shri Jagdamba Polymers 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 1,063 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. Shri Jagdamba Polymers's current Quick Ratio of 2.10 is 89.2% 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 Shri Jagdamba Polymers 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. Shri Jagdamba Polymers's current Quick Ratio is 2.10, which is 11% below median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Jagdamba Polymers stock overvalued right now?
Based on GuruFocus' analysis, Shri Jagdamba Polymers (BOM:512453) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹821.40, compared to a current price of ₹604.00 — trading 26.5% below its estimated fair value. The current Quick Ratio is 2.10, which is 11% below median its 10-year median of 2.37 and 89.2% above the Manufacturing - Apparel & Accessories industry median of 1.11. Shri Jagdamba Polymers' overall GF Score™ is 66/100 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 Shri Jagdamba Polymers (BOM:512453), the current Quick Ratio is 2.10 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 Shri Jagdamba Polymers (BOM:512453) Overvalued in 2026?
Based on GuruFocus' analysis, Shri Jagdamba Polymers stock appears to be undervalued.
The current stock price of ₹604.00 is trading 26.5% below its estimated GF Value™ of ₹821.40.
GuruFocus considers Shri Jagdamba Polymers to be Modestly Undervalued.
Key valuation signals for BOM:512453:
Quick Ratio: 2.10 (11% below median its 10-year median of 2.37)
GF Value™: ₹821.40 vs. price of ₹604.00 (26.5% below fair value)
Industry Position: 89.2% above the Manufacturing - Apparel & Accessories median (#255 of 1063)
No single metric tells the full story. See the BOM:512453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shri Jagdamba Polymers Ltd is engaged in the business of technical textiles such as Geo-textiles, Construction Membranes, and other Industrial packing products made from PP woven and non-woven fabrics and bags. Its main business activity is manufacturing Technical Textiles. Geographically, the company caters to both Indian and international markets and derives a majority of its revenue from outside India.
66GF Score
Get the complete analysis for BOM:512453
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