Axtel Industries (BOM:523850) Quick Ratio: 1.71 (As of Mar. 2026) — 22% Above Median

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BOM:523850 Axtel Industries Ltd BOM:523850
77 GF Score
Price ₹447.40
GF Value ₹589.51
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Axtel Industries Quick Ratio?

Axtel Industries BOM:523850 +3.55% 77 Quick Ratio is 1.71 as of Mar. 2026, which is 22% above its 10-year median of 1.40. GuruFocus rates BOM:523850 with a GF Score™ of 77/100 and a GF Value™ of ₹589.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,078 Industrial Products companies, Axtel Industries ranks better than 62.7% 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. Axtel Industries's quick ratio for the quarter that ended in Mar. 2026 was 1.71.

Axtel Industries has a quick ratio of 1.71. It generally indicates good short-term financial strength.

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

BOM:523850' s Quick Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.4   Max: 2.05
Current: 1.71

During the past 13 years, Axtel Industries's highest Quick Ratio was 2.05. The lowest was 0.82. And the median was 1.40.

BOM:523850's Quick Ratio is ranked better than
62.7% of 3078 companies
in the Industrial Products industry
Industry Median: 1.375 vs BOM:523850: 1.71

Axtel Industries  (BOM:523850) 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.


Axtel Industries Quick Ratio Related Terms


Axtel Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Axtel 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.

Axtel Industries Quick Ratio Chart

Axtel 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 1.64 1.39 1.40 1.89 1.71

Axtel 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 1.89 0.00 1.62 0.00 1.71

BOM:523850 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, Axtel 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.


Axtel Industries Quick Ratio vs Industrial Products Industry

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

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


BOM:523850
77GF Score
Axtel Industries Ltd BOM:523850
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axtel 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.

Axtel 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
=(1787.744-331.268)/853.669
=1.71

Axtel 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
=(1787.744-331.268)/853.669
=1.71

* 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 1.71 mean?
Axtel Industries (BOM:523850) has a Quick Ratio of 1.71 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Axtel Industries and its competitors. This is 22% above median its historical median of 1.40. Over the past decade, Axtel Industries' Quick Ratio has ranged from 0.82 to 2.05. According to the industry distribution chart, Axtel Industries ranks #1148 out of 3078 companies in the Industrial Products industry, placing it in the top 37.3%.
Is Axtel Industries' Quick Ratio too high?
Axtel Industries' current Quick Ratio of 1.71 is 22% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 2.05. The Industrial Products industry median Quick Ratio is 1.38. Axtel Industries' value of 1.71 is 24.4% above this industry median. Based on the distribution chart, Axtel Industries ranks #1148 out of 3078 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Axtel Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axtel Industries' Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Axtel Industries ranks #1148 out of 3078 companies for Quick Ratio. This puts Axtel Industries in the upper half of its industry. The industry median Quick Ratio is 1.38. Axtel Industries' value of 1.71 is 24.4% above this benchmark. Historically, Axtel Industries' own Quick Ratio has ranged from 0.82 to 2.05 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.38, Axtel 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 3,078 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. Axtel Industries's current Quick Ratio of 1.71 is 24.4% 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 Axtel 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. Axtel Industries's current Quick Ratio is 1.71, which is 22% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtel Industries stock overvalued right now?
Based on GuruFocus' analysis, Axtel Industries (BOM:523850) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹589.51, compared to a current price of ₹447.40 — trading 24.1% below its estimated fair value. The current Quick Ratio is 1.71, which is 22% above median its 10-year median of 1.40 and 24.4% above the Industrial Products industry median of 1.38. Axtel Industries' overall GF Score™ is 77/100 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 Axtel Industries (BOM:523850), the current Quick Ratio is 1.71 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 Axtel Industries (BOM:523850) Overvalued in 2026?

Based on GuruFocus' analysis, Axtel Industries stock appears to be undervalued. The current stock price of ₹447.40 is trading 24.1% below its estimated GF Value™ of ₹589.51. GuruFocus considers Axtel Industries to be Modestly Undervalued.

Key valuation signals for BOM:523850:

  • Quick Ratio: 1.71 (22% above median its 10-year median of 1.40)
  • GF Value™: ₹589.51 vs. price of ₹447.40 (24.1% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 24.4% above the Industrial Products median (#1148 of 3078)

No single metric tells the full story. See the BOM:523850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axtel Industries Business Description

Address Vadodara-Halol Highway, Baska, Plot No. 43/1, Village Nurpura, District Panchmahal, Halol, GJ, IND, 389350
Axtel Industries Ltd is engaged in the business of manufacturing process engineering equipment for food processing Industries. The company offers various food processing systems, such as size reduction systems, mixing systems, spice processing systems, and steam sterilization systems, etc. In addition, it also offers a wide range of process equipment such as belt conveyors, bulk loaders, storage tanks, hammer mills, and other equipment for mixing and blending, storage, solids handling, and other applications. The company has only one segment of manufacturing food processing instruments and equipments. Geographically, it derives maximum revenue from its business within India, and also has some exposure to other markets.
77GF Score

Get the complete analysis for BOM:523850

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

₹447.40
Price
₹589.51
GF Value