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Mukat PipesBOM:523832 +0.88%46 Quick Ratio is 0.94 as of Mar. 2026, which is 88% above its 10-year median of 0.50. GuruFocus rates BOM:523832 with a GF Score™ of 46/100 and a GF Value™ of ₹22.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 635 Steel companies, Mukat Pipes ranks worse than 53.23% 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. Mukat Pipes's quick ratio for the quarter that ended in Mar. 2026 was 0.94.
Mukat Pipes has a quick ratio of 0.94. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Mukat Pipes's Quick Ratio or its related term are showing as below:
BOM:523832'
s Quick Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.5 Max: 1.17
Current: 0.94
During the past 13 years, Mukat Pipes's highest Quick Ratio was 1.17. The lowest was 0.22. And the median was 0.50.
BOM:523832's Quick Ratio is ranked worse than 53.23% of 635
companies
in the Steel industry
Industry Median: 1.01
vs BOM:523832: 0.94
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.
Mukat Pipes Quick Ratio Related Terms
Mukat Pipes Quick Ratio Historical Data
* Premium members only.
The historical data trend for Mukat Pipes'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.
BOM:523832 vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Mukat Pipes'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.
Mukat Pipes Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Mukat Pipes's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Mukat Pipes's Quick Ratio falls into.
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.
Mukat Pipes's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Mukat Pipes (BOM:523832) has a Quick Ratio of 0.94 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mukat Pipes and its competitors. This is 88% above median its historical median of 0.50. Over the past decade, Mukat Pipes' Quick Ratio has ranged from 0.22 to 1.17. According to the industry distribution chart, Mukat Pipes ranks #338 out of 635 companies in the Steel industry, placing it in the top 53.2%.
Is Mukat Pipes' Quick Ratio too high?
Mukat Pipes' current Quick Ratio of 0.94 is 88% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.17. The Steel industry median Quick Ratio is 1.01. Mukat Pipes' value of 0.94 is 6.9% below this industry median. Based on the distribution chart, Mukat Pipes ranks #338 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, Mukat Pipes has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mukat Pipes' Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mukat Pipes ranks #338 out of 635 companies for Quick Ratio. This places Mukat Pipes in the lower half of its industry. The industry median Quick Ratio is 1.01. Mukat Pipes' value of 0.94 is 6.9% below this benchmark. Historically, Mukat Pipes' own Quick Ratio has ranged from 0.22 to 1.17 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.01, Mukat Pipes 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 Steel company?
The median Quick Ratio among Steel companies is 1.01, based on 635 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. Mukat Pipes's current Quick Ratio of 0.94 is 6.9% 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 Mukat Pipes and its competitors. For the Steel industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mukat Pipes's current Quick Ratio is 0.94, which is 88% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mukat Pipes stock overvalued right now?
Based on GuruFocus' analysis, Mukat Pipes (BOM:523832) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹22.30, compared to a current price of ₹17.13 — trading 23.2% below its estimated fair value. The current Quick Ratio is 0.94, which is 88% above median its 10-year median of 0.50 and 6.9% below the Steel industry median of 1.01. Mukat Pipes' overall GF Score™ is 46/100 with 5 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 Mukat Pipes (BOM:523832), the current Quick Ratio is 0.94 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 Mukat Pipes (BOM:523832) Overvalued in 2026?
Based on GuruFocus' analysis, Mukat Pipes stock appears to be undervalued.
The current stock price of ₹17.13 is trading 23.2% below its estimated GF Value™ of ₹22.30.
GuruFocus considers Mukat Pipes to be Modestly Undervalued.
Key valuation signals for BOM:523832:
Quick Ratio: 0.94 (88% above median its 10-year median of 0.50)
GF Value™: ₹22.30 vs. price of ₹17.13 (23.2% below fair value)
Industry Position: 6.9% below the Steel median (#338 of 635)
No single metric tells the full story. See the BOM:523832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mukat Pipes Ltd is an India-based company that operates in the steel pipe business. The company is involved in the manufacturing of Longitudinal and Helical pipes. The products offered by the company include MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes, Spiral SAW pipes, Site pipe fabrication, and Penstock pipes. It has a single primary business segment, which is Longitudinal and Helical Pipes. Geographically, the company operates in India.
46GF Score
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