Krishanveer Forge (BOM:513369) Quick Ratio: 2.99 (As of Mar. 2026) — 117% Above Median

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BOM:513369 Krishanveer Forge Ltd BOM:513369
75 GF Score
Price ₹156.35
GF Value ₹125.35
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Krishanveer Forge Quick Ratio?

Krishanveer Forge BOM:513369 -3.70% 75 Quick Ratio is 2.99 as of Mar. 2026, which is 117% above its 10-year median of 1.38. GuruFocus rates BOM:513369 with a GF Score™ of 75/100 and a GF Value™ of ₹125.35 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,072 Industrial Products companies, Krishanveer Forge ranks better than 83.46% 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. Krishanveer Forge's quick ratio for the quarter that ended in Mar. 2026 was 2.99.

Krishanveer Forge has a quick ratio of 2.99. It generally indicates good short-term financial strength.

The historical rank and industry rank for Krishanveer Forge's Quick Ratio or its related term are showing as below:

BOM:513369' s Quick Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.38   Max: 3.08
Current: 2.99

During the past 13 years, Krishanveer Forge's highest Quick Ratio was 3.08. The lowest was 0.80. And the median was 1.38.

BOM:513369's Quick Ratio is ranked better than
83.46% of 3072 companies
in the Industrial Products industry
Industry Median: 1.39 vs BOM:513369: 2.99

Krishanveer Forge  (BOM:513369) 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.


Krishanveer Forge Quick Ratio Related Terms


Krishanveer Forge Quick Ratio Historical Data

* Premium members only.

The historical data trend for Krishanveer Forge'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.

Krishanveer Forge Quick Ratio Chart

Krishanveer Forge Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 2.43 2.08 3.08 2.99

Krishanveer Forge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.08 0.00 2.60 0.00 2.99

BOM:513369 vs CRS, ATI, MLI: Quick Ratio Comparison

For the Metal Fabrication subindustry, Krishanveer Forge'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.


Krishanveer Forge Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishanveer Forge's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Krishanveer Forge's Quick Ratio falls into.


BOM:513369
75GF Score
Krishanveer Forge Ltd BOM:513369
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Krishanveer Forge Quick Ratio Calculation

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.

Krishanveer Forge's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(502.098-70.293)/144.355
=2.99

Krishanveer Forge's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(502.098-70.293)/144.355
=2.99

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.99 mean?
Krishanveer Forge (BOM:513369) has a Quick Ratio of 2.99 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Krishanveer Forge and its competitors. This is 117% above median its historical median of 1.38. Over the past decade, Krishanveer Forge's Quick Ratio has ranged from 0.80 to 3.08. According to the industry distribution chart, Krishanveer Forge ranks #508 out of 3072 companies in the Industrial Products industry, placing it in the top 16.5%.
Is Krishanveer Forge's Quick Ratio too high?
Krishanveer Forge's current Quick Ratio of 2.99 is 117% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 3.08. The Industrial Products industry median Quick Ratio is 1.39. Krishanveer Forge's value of 2.99 is 115.1% above this industry median. Based on the distribution chart, Krishanveer Forge ranks #508 out of 3072 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Krishanveer Forge has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Krishanveer Forge's Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Krishanveer Forge ranks #508 out of 3072 companies for Quick Ratio. This places Krishanveer Forge in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Krishanveer Forge's value of 2.99 is 115.1% above this benchmark. Historically, Krishanveer Forge's own Quick Ratio has ranged from 0.80 to 3.08 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.39, Krishanveer Forge 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 Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,072 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. Krishanveer Forge's current Quick Ratio of 2.99 is 115.1% 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 Krishanveer Forge 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. Krishanveer Forge's current Quick Ratio is 2.99, which is 117% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishanveer Forge stock overvalued right now?
Based on GuruFocus' analysis, Krishanveer Forge (BOM:513369) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹125.35, compared to a current price of ₹156.35 — trading 24.7% above its estimated fair value. The current Quick Ratio is 2.99, which is 117% above median its 10-year median of 1.38 and 115.1% above the Industrial Products industry median of 1.39. Krishanveer Forge's overall GF Score™ is 75/100 with 6 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 Krishanveer Forge (BOM:513369), the current Quick Ratio is 2.99 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 Krishanveer Forge (BOM:513369) Overvalued in 2026?

Based on GuruFocus' analysis, Krishanveer Forge stock appears to be overvalued. The current stock price of ₹156.35 is trading 24.7% above its estimated GF Value™ of ₹125.35. GuruFocus considers Krishanveer Forge to be Modestly Overvalued.

Key valuation signals for BOM:513369:

  • Quick Ratio: 2.99 (117% above median its 10-year median of 1.38)
  • GF Value™: ₹125.35 vs. price of ₹156.35 (24.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 115.1% above the Industrial Products median (#508 of 3072)

No single metric tells the full story. See the BOM:513369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Krishanveer Forge Business Description

Address Global Square, S. No. 247, Office No. 511 to 513, 14B, Yerawada, Pune, MH, IND, 411 006
Krishanveer Forge Ltd is engaged in the business of manufacturing and selling open die forging facilities catering across industries including oil and Gas, infrastructure, Power transmission, mining, and construction. It has one segment namely, the manufacture of forgings. The products in which the company deals are mill roller shafts, gear shafts, tail bars, gear rings, blanks, table rolls, pinions, spindles, elongator rolls, wobblers, and gearing components. Geographically, it derives a majority of its revenue from India.
75GF Score

Get the complete analysis for BOM:513369

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹156.35
Price
₹125.35
GF Value