Innovative Tech Pack (BOM:523840) Quick Ratio: 0.79 (As of Mar. 2026) — 10% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:523840 Innovative Tech Pack Ltd BOM:523840
59 GF Score
Price ₹13.36
GF Value ₹22.17
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Innovative Tech Pack Quick Ratio?

Innovative Tech Pack BOM:523840 +0.53% 59 Quick Ratio is 0.79 as of Mar. 2026, which is 10% above its 10-year median of 0.72. GuruFocus rates BOM:523840 with a GF Score™ of 59/100 and a GF Value™ of ₹22.17 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 401 Packaging & Containers companies, Innovative Tech Pack ranks worse than 72.82% 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. Innovative Tech Pack's quick ratio for the quarter that ended in Mar. 2026 was 0.79.

Innovative Tech Pack has a quick ratio of 0.79. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Innovative Tech Pack's Quick Ratio or its related term are showing as below:

BOM:523840' s Quick Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.72   Max: 0.81
Current: 0.79

During the past 13 years, Innovative Tech Pack's highest Quick Ratio was 0.81. The lowest was 0.58. And the median was 0.72.

BOM:523840's Quick Ratio is ranked worse than
72.82% of 401 companies
in the Packaging & Containers industry
Industry Median: 1.11 vs BOM:523840: 0.79

Innovative Tech Pack  (BOM:523840) 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.


Innovative Tech Pack Quick Ratio Related Terms


Innovative Tech Pack Quick Ratio Historical Data

* Premium members only.

The historical data trend for Innovative Tech Pack'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.

Innovative Tech Pack Quick Ratio Chart

Innovative Tech Pack 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 0.68 0.78 0.72 0.72 0.79

Innovative Tech Pack 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 0.72 0.00 0.59 0.00 0.79

BOM:523840 vs SW, PKG, IP: Quick Ratio Comparison

For the Packaging & Containers subindustry, Innovative Tech Pack'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.


Innovative Tech Pack Quick Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Innovative Tech Pack's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Innovative Tech Pack's Quick Ratio falls into.


BOM:523840
59GF Score
Innovative Tech Pack Ltd BOM:523840
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innovative Tech Pack 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.

Innovative Tech Pack'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
=(484.101-203.769)/353.059
=0.79

Innovative Tech Pack'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
=(484.101-203.769)/353.059
=0.79

* 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 0.79 mean?
Innovative Tech Pack (BOM:523840) has a Quick Ratio of 0.79 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Innovative Tech Pack and its competitors. This is 10% above median its historical median of 0.72. Over the past decade, Innovative Tech Pack's Quick Ratio has ranged from 0.58 to 0.81. According to the industry distribution chart, Innovative Tech Pack ranks #292 out of 401 companies in the Packaging & Containers industry, placing it in the top 72.8%.
Is Innovative Tech Pack's Quick Ratio too high?
Innovative Tech Pack's current Quick Ratio of 0.79 is 10% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 0.81. The Packaging & Containers industry median Quick Ratio is 1.11. Innovative Tech Pack's value of 0.79 is 28.8% below this industry median. Based on the distribution chart, Innovative Tech Pack ranks #292 out of 401 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Innovative Tech Pack has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tech Pack's Quick Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Innovative Tech Pack ranks #292 out of 401 companies for Quick Ratio. This places Innovative Tech Pack in the lower half of its industry. The industry median Quick Ratio is 1.11. Innovative Tech Pack's value of 0.79 is 28.8% below this benchmark. Historically, Innovative Tech Pack's own Quick Ratio has ranged from 0.58 to 0.81 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.11, Innovative Tech Pack 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 Packaging & Containers company?
The median Quick Ratio among Packaging & Containers companies is 1.11, based on 401 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. Innovative Tech Pack's current Quick Ratio of 0.79 is 28.8% 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 Innovative Tech Pack and its competitors. For the Packaging & Containers industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Tech Pack's current Quick Ratio is 0.79, which is 10% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tech Pack stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tech Pack (BOM:523840) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹22.17, compared to a current price of ₹13.36 — trading 39.7% below its estimated fair value. The current Quick Ratio is 0.79, which is 10% above median its 10-year median of 0.72 and 28.8% below the Packaging & Containers industry median of 1.11. Innovative Tech Pack's overall GF Score™ is 59/100 with 4 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 Innovative Tech Pack (BOM:523840), the current Quick Ratio is 0.79 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 Innovative Tech Pack (BOM:523840) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Tech Pack stock appears to be undervalued. The current stock price of ₹13.36 is trading 39.7% below its estimated GF Value™ of ₹22.17. GuruFocus considers Innovative Tech Pack to be Significantly Undervalued.

Key valuation signals for BOM:523840:

  • Quick Ratio: 0.79 (10% above median its 10-year median of 0.72)
  • GF Value™: ₹22.17 vs. price of ₹13.36 (39.7% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 28.8% below the Packaging & Containers median (#292 of 401)

No single metric tells the full story. See the BOM:523840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovative Tech Pack Business Description

Address Sector-135, 803-805, 8th Floor, Tower-2, Assotech Business Cresterra, Noida, UP, IND, 201301
Innovative Tech Pack Ltd operates in the plastic packaging industry in India. The company is engaged in the business of manufacturing and reselling plastic bottles, jars, containers, pre-forms, and caps. Its product portfolio includes packaging for oils, liquor, medicinal syrups, sauces, insect repellents, honey, energy powders, candies, biscuits, mayonnaise, and dairy-based beverages. The company serves clients in various industries, including food, confectionery, beverage, consumer care, pharmaceutical, dairy, and other industries.
59GF Score

Get the complete analysis for BOM:523840

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

₹13.36
Price
₹22.17
GF Value