Gujarat Apollo Industries (BOM:522217) Quick Ratio: 3.94 (As of Mar. 2026) — 30% Below Median

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BOM:522217 Gujarat Apollo Industries Ltd BOM:522217
57 GF Score
Price ₹356.90
GF Value ₹399.72
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Gujarat Apollo Industries Quick Ratio?

Gujarat Apollo Industries BOM:522217 -3.02% 57 Quick Ratio is 3.94 as of Mar. 2026, which is 30% below its 10-year median of 5.59. GuruFocus rates BOM:522217 with a GF Score™ of 57/100 and a GF Value™ of ₹399.72 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,073 Industrial Products companies, Gujarat Apollo Industries ranks better than 89.33% 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. Gujarat Apollo Industries's quick ratio for the quarter that ended in Mar. 2026 was 3.94.

Gujarat Apollo Industries has a quick ratio of 3.94. It generally indicates good short-term financial strength.

The historical rank and industry rank for Gujarat Apollo Industries's Quick Ratio or its related term are showing as below:

BOM:522217' s Quick Ratio Range Over the Past 10 Years
Min: 3.51   Med: 5.59   Max: 14.99
Current: 3.94

During the past 13 years, Gujarat Apollo Industries's highest Quick Ratio was 14.99. The lowest was 3.51. And the median was 5.59.

BOM:522217's Quick Ratio is ranked better than
89.33% of 3073 companies
in the Industrial Products industry
Industry Median: 1.38 vs BOM:522217: 3.94

Gujarat Apollo Industries  (BOM:522217) 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.


Gujarat Apollo Industries Quick Ratio Related Terms


Gujarat Apollo Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Gujarat Apollo Industries'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.

Gujarat Apollo Industries Quick Ratio Chart

Gujarat Apollo Industries 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 5.37 9.45 5.81 3.51 3.94

Gujarat Apollo Industries 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 3.51 0.00 3.62 0.00 3.94

BOM:522217 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Gujarat Apollo Industries'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.


Gujarat Apollo Industries Quick Ratio vs Industrial Products Industry

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

* The bar in red indicates where Gujarat Apollo Industries's Quick Ratio falls into.


BOM:522217
57GF Score
Gujarat Apollo Industries Ltd BOM:522217
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Apollo Industries 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.

Gujarat Apollo Industries'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
=(2298.757-346.676)/495.682
=3.94

Gujarat Apollo Industries'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
=(2298.757-346.676)/495.682
=3.94

* 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 3.94 mean?
Gujarat Apollo Industries (BOM:522217) has a Quick Ratio of 3.94 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gujarat Apollo Industries and its competitors. This is 30% below median its historical median of 5.59. Over the past decade, Gujarat Apollo Industries' Quick Ratio has ranged from 3.51 to 14.99. According to the industry distribution chart, Gujarat Apollo Industries ranks #328 out of 3073 companies in the Industrial Products industry, placing it in the top 10.7%.
Is Gujarat Apollo Industries' Quick Ratio too high?
Gujarat Apollo Industries' current Quick Ratio of 3.94 is 30% below median its 10-year median of 5.59. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 14.99. The Industrial Products industry median Quick Ratio is 1.38. Gujarat Apollo Industries' value of 3.94 is 185.5% above this industry median. Based on the distribution chart, Gujarat Apollo Industries ranks #328 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Gujarat Apollo Industries has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Apollo Industries' Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Gujarat Apollo Industries ranks #328 out of 3073 companies for Quick Ratio. This places Gujarat Apollo Industries in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Gujarat Apollo Industries' value of 3.94 is 185.5% above this benchmark. Historically, Gujarat Apollo Industries' own Quick Ratio has ranged from 3.51 to 14.99 over the past decade. While the company's 10-year median is 5.59 vs. the industry median of 1.38, Gujarat Apollo Industries 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 1.38, based on 3,073 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. Gujarat Apollo Industries's current Quick Ratio of 3.94 is 185.5% 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 Gujarat Apollo Industries and its competitors. For the Industrial Products 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. Gujarat Apollo Industries's current Quick Ratio is 3.94, which is 30% below median its own 10-year median of 5.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Apollo Industries stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Apollo Industries (BOM:522217) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹399.72, compared to a current price of ₹356.90 — trading 10.7% below its estimated fair value. The current Quick Ratio is 3.94, which is 30% below median its 10-year median of 5.59 and 185.5% above the Industrial Products industry median of 1.38. Gujarat Apollo Industries' overall GF Score™ is 57/100 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 Gujarat Apollo Industries (BOM:522217), the current Quick Ratio is 3.94 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 Gujarat Apollo Industries (BOM:522217) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Apollo Industries stock appears to be undervalued. The current stock price of ₹356.90 is trading 10.7% below its estimated GF Value™ of ₹399.72. GuruFocus considers Gujarat Apollo Industries to be Modestly Undervalued.

Key valuation signals for BOM:522217:

  • Quick Ratio: 3.94 (30% below median its 10-year median of 5.59)
  • GF Value™: ₹399.72 vs. price of ₹356.90 (10.7% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 185.5% above the Industrial Products median (#328 of 3073)

No single metric tells the full story. See the BOM:522217 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat Apollo Industries Business Description

Other Exchanges GUJAPOLLO:India
Address Science City Road, 1403-1405, The Capital 2, Sola, Ahmedabad, GJ, IND, 380060
Gujarat Apollo Industries Ltd is an Indian manufacturer specializing in mining, road construction, and maintenance machinery. The company offers a wide range of high-quality crushing and screening equipment, asphalt road construction machinery, and related allied equipment. Gujarat Apollo serves industries like mining, construction, quarries, and recycling with high-tech, energy-efficient machinery. Its revenue comes from the sale of durable equipment and machinery designed to support infrastructure development across India and abroad. The Company operates in the single segment of manufacturing and sale of Construction and Mining Machineries, and Spare Parts thereof.
57GF Score

Get the complete analysis for BOM:522217

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

₹356.90
Price
₹399.72
GF Value