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Indian Toners & Developers has a quick ratio of 9.11. It generally indicates good short-term financial strength.
The historical rank and industry rank for Indian Toners & Developers's Quick Ratio or its related term are showing as below:
BOM:523586'
s Quick Ratio Range Over the Past 10 Years
Min: 1.94 Med: 4.16 Max: 10.16
Current: 9.11
During the past 13 years, Indian Toners & Developers's highest Quick Ratio was 10.16. The lowest was 1.94. And the median was 4.16.
BOM:523586's Quick Ratio is ranked better than 95.76% of 1605
companies
in the Chemicals industry
Industry Median: 1.38
vs BOM:523586: 9.11
Indian Toners & Developers (BOM:523586) 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.
Indian Toners & Developers Quick Ratio Related Terms
Indian Toners & Developers 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.
BOM:523586 vs LIN, SHW, ECL: Quick Ratio Comparison
For the Specialty Chemicals subindustry, Indian Toners & Developers'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.
Indian Toners & Developers Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indian Toners & Developers's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Indian Toners & Developers's Quick Ratio falls into.
Indian Toners & Developers 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.
* 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.
Indian Toners & Developers (BOM:523586) has a Quick Ratio of 9.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indian Toners & Developers and its competitors. This is 119% above median its historical median of 4.16. Over the past decade, Indian Toners & Developers' Quick Ratio has ranged from 1.94 to 10.16. According to the industry distribution chart, Indian Toners & Developers ranks #68 out of 1605 companies in the Chemicals industry, placing it in the top 4.2%.
Is Indian Toners & Developers' Quick Ratio too high?
Indian Toners & Developers' current Quick Ratio of 9.11 is 119% above median its 10-year median of 4.16. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 10.16. The Chemicals industry median Quick Ratio is 1.38. Indian Toners & Developers' value of 9.11 is 560.1% above this industry median. Based on the distribution chart, Indian Toners & Developers ranks #68 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Toners & Developers has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Toners & Developers' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Indian Toners & Developers ranks #68 out of 1605 companies for Quick Ratio. This places Indian Toners & Developers in the top 4% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Indian Toners & Developers' value of 9.11 is 560.1% above this benchmark. Historically, Indian Toners & Developers' own Quick Ratio has ranged from 1.94 to 10.16 over the past decade. While the company's 10-year median is 4.16 vs. the industry median of 1.38, Indian Toners & Developers 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 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. Indian Toners & Developers's current Quick Ratio of 9.11 is 560.1% 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 Indian Toners & Developers 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. Indian Toners & Developers's current Quick Ratio is 9.11, which is 119% above median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Toners & Developers stock overvalued right now?
Based on GuruFocus' analysis, Indian Toners & Developers (BOM:523586) is currently considered Fairly Valued. The stock's GF Value™ is ₹301.47, compared to a current price of ₹292.25 — trading 3.1% below its estimated fair value. The current Quick Ratio is 9.11, which is 119% above median its 10-year median of 4.16 and 560.1% above the Chemicals industry median of 1.38. Indian Toners & Developers' overall GF Score™ is 83/100. 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 Indian Toners & Developers (BOM:523586), the current Quick Ratio is 9.11 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 Indian Toners & Developers (BOM:523586) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Toners & Developers stock appears to be undervalued.
The current stock price of ₹292.25 is trading 3.1% below its estimated GF Value™ of ₹301.47.
GuruFocus considers Indian Toners & Developers to be Fairly Valued.
Key valuation signals for BOM:523586:
Quick Ratio: 9.11 (119% above median its 10-year median of 4.16)
GF Value™: ₹301.47 vs. price of ₹292.25 (3.1% below fair value)
Industry Position: 560.1% above the Chemicals median (#68 of 1605)
No single metric tells the full story. See the BOM:523586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Toners & Developers Ltd is a manufacturer of toners and developers. The company is engaged in the business of producing and exporting compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide-format printers and copiers. The only reporting segment of the company is a manufacturer of compatible toner. Its geographical segment includes Domestic sales and Export sales. The company's product consists of chemical color toner, laser toner, copier or digital toner, wide format copiers and printer toner and packaging.
83GF Score
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