Shanthi Gears (BOM:522034) Quick Ratio: 2.66 (As of Mar. 2026) — Near Median


BOM:522034 Shanthi Gears Ltd BOM:522034
86 GF Score
Price ₹440.50
GF Value ₹501.29
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shanthi Gears Quick Ratio?

Shanthi Gears BOM:522034 -0.63% 86 Quick Ratio is 2.66 as of Mar. 2026, which is 1% below its 10-year median of 2.70. GuruFocus rates BOM:522034 with a GF Score™ of 86/100 and a GF Value™ of ₹501.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,070 Industrial Products companies, Shanthi Gears ranks better than 79.97% 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. Shanthi Gears's quick ratio for the quarter that ended in Mar. 2026 was 2.66.

Shanthi Gears has a quick ratio of 2.66. It generally indicates good short-term financial strength.

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

BOM:522034' s Quick Ratio Range Over the Past 10 Years
Min: 1.57   Med: 2.7   Max: 5.33
Current: 2.66

During the past 13 years, Shanthi Gears's highest Quick Ratio was 5.33. The lowest was 1.57. And the median was 2.70.

BOM:522034's Quick Ratio is ranked better than
79.97% of 3070 companies
in the Industrial Products industry
Industry Median: 1.39 vs BOM:522034: 2.66

Shanthi Gears  (BOM:522034) 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.


Shanthi Gears Quick Ratio Related Terms


Shanthi Gears Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shanthi Gears'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.

Shanthi Gears Quick Ratio Chart

Shanthi Gears 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 2.19 2.73 2.50 3.00 2.66

Shanthi Gears 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 3.00 0.00 3.36 0.00 2.66

BOM:522034 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Shanthi Gears'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.


Shanthi Gears Quick Ratio vs Industrial Products Industry

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

* The bar in red indicates where Shanthi Gears's Quick Ratio falls into.


BOM:522034
86GF Score
Shanthi Gears Ltd BOM:522034
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanthi Gears 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.

Shanthi Gears'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
=(3996.4-1128.4)/1076.2
=2.66

Shanthi Gears'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
=(3996.4-1128.4)/1076.2
=2.66

* 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 2.66 mean?
Shanthi Gears (BOM:522034) has a Quick Ratio of 2.66 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shanthi Gears and its competitors. This is near median its historical median of 2.70. Over the past decade, Shanthi Gears' Quick Ratio has ranged from 1.57 to 5.33. According to the industry distribution chart, Shanthi Gears ranks #615 out of 3070 companies in the Industrial Products industry, placing it in the top 20%.
Is Shanthi Gears' Quick Ratio too high?
Shanthi Gears' current Quick Ratio of 2.66 is near median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 5.33. The Industrial Products industry median Quick Ratio is 1.39. Shanthi Gears' value of 2.66 is 91.4% above this industry median. Based on the distribution chart, Shanthi Gears ranks #615 out of 3070 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shanthi Gears has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanthi Gears' Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shanthi Gears ranks #615 out of 3070 companies for Quick Ratio. This places Shanthi Gears in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. Shanthi Gears' value of 2.66 is 91.4% above this benchmark. Historically, Shanthi Gears' own Quick Ratio has ranged from 1.57 to 5.33 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 1.39, Shanthi Gears 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 3,070 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. Shanthi Gears's current Quick Ratio of 2.66 is 91.4% 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 Shanthi Gears 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. Shanthi Gears's current Quick Ratio is 2.66, which is near median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanthi Gears stock overvalued right now?
Based on GuruFocus' analysis, Shanthi Gears (BOM:522034) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹501.29, compared to a current price of ₹440.50 — trading 12.1% below its estimated fair value. The current Quick Ratio is 2.66, which is near median its 10-year median of 2.70 and 91.4% above the Industrial Products industry median of 1.39. Shanthi Gears' overall GF Score™ is 86/100 with 2 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 Shanthi Gears (BOM:522034), the current Quick Ratio is 2.66 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 Shanthi Gears (BOM:522034) Overvalued in 2026?

Based on GuruFocus' analysis, Shanthi Gears stock appears to be undervalued. The current stock price of ₹440.50 is trading 12.1% below its estimated GF Value™ of ₹501.29. GuruFocus considers Shanthi Gears to be Modestly Undervalued.

Key valuation signals for BOM:522034:

  • Quick Ratio: 2.66 (near median its 10-year median of 2.70)
  • GF Value™: ₹501.29 vs. price of ₹440.50 (12.1% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 91.4% above the Industrial Products median (#615 of 3070)

No single metric tells the full story. See the BOM:522034 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanthi Gears Business Description

Other Exchanges SHANTIGEAR:India
Address 304-A, Trichy Road, Singanallur, Coimbatore, TN, IND, 641005
Shanthi Gears Ltd is an India-based company, that engages in the design, manufacture, supply, and servicing of gears and gearboxes. It offers standard worm gearboxes; helical and bevel helical gearboxes; geared motors; cooling tower, extruder, and rolling mill gearboxes; textile gears, and gear assemblies among others. Geographically the company generates maximum revenue within India and the rest from its customers in America, Europe, and other regions.
86GF Score

Get the complete analysis for BOM:522034

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

₹440.50
Price
₹501.29
GF Value