Hindustan Adhesives (BOM:514428) Quick Ratio: 0.41 (As of Mar. 2026) — 33% Below Median


BOM:514428 Hindustan Adhesives Ltd BOM:514428
74 GF Score
Price ₹263.30
GF Value ₹335.50
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Hindustan Adhesives Quick Ratio?

Hindustan Adhesives BOM:514428 +0.59% 74 Quick Ratio is 0.41 as of Mar. 2026, which is 33% below its 10-year median of 0.61. GuruFocus rates BOM:514428 with a GF Score™ of 74/100 and a GF Value™ of ₹335.50 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,605 Chemicals companies, Hindustan Adhesives ranks worse than 93.58% 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. Hindustan Adhesives's quick ratio for the quarter that ended in Mar. 2026 was 0.41.

Hindustan Adhesives has a quick ratio of 0.41. It indicates that the company cannot currently fully pay back its current liabilities.

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

BOM:514428' s Quick Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.61   Max: 0.79
Current: 0.41

During the past 13 years, Hindustan Adhesives's highest Quick Ratio was 0.79. The lowest was 0.39. And the median was 0.61.

BOM:514428's Quick Ratio is ranked worse than
93.58% of 1605 companies
in the Chemicals industry
Industry Median: 1.38 vs BOM:514428: 0.41

Hindustan Adhesives  (BOM:514428) 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.


Hindustan Adhesives Quick Ratio Related Terms


Hindustan Adhesives Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hindustan Adhesives'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.

Hindustan Adhesives Quick Ratio Chart

Hindustan Adhesives 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 0.60 0.39 0.59 0.46 0.41

Hindustan Adhesives 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 0.46 0.00 0.51 0.00 0.41

BOM:514428 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Hindustan Adhesives'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.


Hindustan Adhesives Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hindustan Adhesives's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Hindustan Adhesives's Quick Ratio falls into.


BOM:514428
74GF Score
Hindustan Adhesives Ltd BOM:514428
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Adhesives 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.

Hindustan Adhesives'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
=(1198.5-637.3)/1376.9
=0.41

Hindustan Adhesives'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
=(1198.5-637.3)/1376.9
=0.41

* 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 0.41 mean?
Hindustan Adhesives (BOM:514428) has a Quick Ratio of 0.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hindustan Adhesives and its competitors. This is 33% below median its historical median of 0.61. Over the past decade, Hindustan Adhesives' Quick Ratio has ranged from 0.39 to 0.79. According to the industry distribution chart, Hindustan Adhesives ranks #1502 out of 1605 companies in the Chemicals industry, placing it in the top 93.6%.
Is Hindustan Adhesives' Quick Ratio too high?
Hindustan Adhesives' current Quick Ratio of 0.41 is 33% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.79. The Chemicals industry median Quick Ratio is 1.38. Hindustan Adhesives' value of 0.41 is 70.3% below this industry median. Based on the distribution chart, Hindustan Adhesives ranks #1502 out of 1605 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Hindustan Adhesives has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Adhesives' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hindustan Adhesives ranks #1502 out of 1605 companies for Quick Ratio. This places Hindustan Adhesives in the lower half of its industry. The industry median Quick Ratio is 1.38. Hindustan Adhesives' value of 0.41 is 70.3% below this benchmark. Historically, Hindustan Adhesives' own Quick Ratio has ranged from 0.39 to 0.79 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.38, Hindustan Adhesives 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,605 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. Hindustan Adhesives's current Quick Ratio of 0.41 is 70.3% 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 Hindustan Adhesives and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Adhesives's current Quick Ratio is 0.41, which is 33% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Adhesives (BOM:514428) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹335.50, compared to a current price of ₹263.30 — trading 21.5% below its estimated fair value. The current Quick Ratio is 0.41, which is 33% below median its 10-year median of 0.61 and 70.3% below the Chemicals industry median of 1.38. Hindustan Adhesives' overall GF Score™ is 74/100 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 Hindustan Adhesives (BOM:514428), the current Quick Ratio is 0.41 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 Hindustan Adhesives (BOM:514428) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Adhesives stock appears to be undervalued. The current stock price of ₹263.30 is trading 21.5% below its estimated GF Value™ of ₹335.50. GuruFocus considers Hindustan Adhesives to be Modestly Undervalued.

Key valuation signals for BOM:514428:

  • Quick Ratio: 0.41 (33% below median its 10-year median of 0.61)
  • GF Value™: ₹335.50 vs. price of ₹263.30 (21.5% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 70.3% below the Chemicals median (#1502 of 1605)

No single metric tells the full story. See the BOM:514428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindustan Adhesives Business Description

Address B-2/8, Safdarjung Enclave, New Delhi, IND, 110029
Hindustan Adhesives Ltd is a producer and marketer of adhesive tapes. The company offers products such as acrylic packaging tapes, hot melt packaging tapes, natural rubber packaging tapes, kraft paper tapes, tamper-evident tapes, tear tapes, polyolefin shrink film, and shrink wrapping machines. Its customers include Unilever, PepsiCo, Coca-Cola, P&G, Reckitt Benckiser, Cadbury, and Nestle, among others.
74GF Score

Get the complete analysis for BOM:514428

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

₹263.30
Price
₹335.50
GF Value