Premier ExplosivesBOM:526247 -1.92%70 Quick Ratio is 0.99 as of Mar. 2026, which is 21% above its 10-year median of 0.82. GuruFocus rates BOM:526247 with a GF Score™ of 70/100 and a GF Value™ of ₹531.87 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,609 Chemicals companies, Premier Explosives ranks worse than 66.31% on this metric.
Premier Explosives has a quick ratio of 0.99. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Premier Explosives's Quick Ratio or its related term are showing as below:
BOM:526247'
s Quick Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.82 Max: 1.71
Current: 0.99
During the past 13 years, Premier Explosives's highest Quick Ratio was 1.71. The lowest was 0.56. And the median was 0.82.
BOM:526247's Quick Ratio is ranked worse than 66.31% of 1609
companies
in the Chemicals industry
Industry Median: 1.38
vs BOM:526247: 0.99
Premier Explosives (BOM:526247) 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.
Premier Explosives Quick Ratio Related Terms
Premier Explosives Quick Ratio Historical Data
* Premium members only.
The historical data trend for Premier Explosives'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:526247 vs LIN, SHW, ECL: Quick Ratio Comparison
For the Specialty Chemicals subindustry, Premier Explosives'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.
Premier Explosives Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Premier Explosives's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Premier Explosives'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.
Premier Explosives'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.
Premier Explosives (BOM:526247) has a Quick Ratio of 0.99 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Premier Explosives and its competitors. This is 21% above median its historical median of 0.82. Over the past decade, Premier Explosives' Quick Ratio has ranged from 0.56 to 1.71. According to the industry distribution chart, Premier Explosives ranks #1067 out of 1609 companies in the Chemicals industry, placing it in the top 66.3%.
Is Premier Explosives' Quick Ratio too high?
Premier Explosives' current Quick Ratio of 0.99 is 21% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.71. The Chemicals industry median Quick Ratio is 1.38. Premier Explosives' value of 0.99 is 28.3% below this industry median. Based on the distribution chart, Premier Explosives ranks #1067 out of 1609 companies in the Chemicals industry, which is below the industry midpoint. Overall, Premier Explosives has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Explosives' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Premier Explosives ranks #1067 out of 1609 companies for Quick Ratio. This places Premier Explosives in the lower half of its industry. The industry median Quick Ratio is 1.38. Premier Explosives' value of 0.99 is 28.3% below this benchmark. Historically, Premier Explosives' own Quick Ratio has ranged from 0.56 to 1.71 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.38, Premier Explosives 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,609 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. Premier Explosives's current Quick Ratio of 0.99 is 28.3% 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 Premier Explosives 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. Premier Explosives's current Quick Ratio is 0.99, which is 21% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Explosives stock overvalued right now?
Based on GuruFocus' analysis, Premier Explosives (BOM:526247) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹531.87, compared to a current price of ₹789.90 — trading 48.5% above its estimated fair value. The current Quick Ratio is 0.99, which is 21% above median its 10-year median of 0.82 and 28.3% below the Chemicals industry median of 1.38. Premier Explosives' overall GF Score™ is 70/100 with 9 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 Premier Explosives (BOM:526247), the current Quick Ratio is 0.99 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 Premier Explosives (BOM:526247) Overvalued in 2026?
Based on GuruFocus' analysis, Premier Explosives stock appears to be overvalued.
The current stock price of ₹789.90 is trading 48.5% above its estimated GF Value™ of ₹531.87.
GuruFocus considers Premier Explosives to be Significantly Overvalued.
Key valuation signals for BOM:526247:
Quick Ratio: 0.99 (21% above median its 10-year median of 0.82)
GF Value™: ₹531.87 vs. price of ₹789.90 (48.5% above fair value)
Industry Position: 28.3% below the Chemicals median (#1067 of 1609)
No single metric tells the full story. See the BOM:526247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Premier Explosives Ltd is engaged in the business of high-energy materials, including commercial explosives and defence explosives, which are used in mining and infrastructure sectors and also the manufacture of missiles and other defence items. The company also operates and maintains solid propellant plants of defence and space establishments. Its products include bulk explosives, packaged explosives, detonators, solid propellants, and others. Geographically, it has operations within India and outside India. The company generates the majority of its sales from India.
70GF Score
Get the complete analysis for BOM:526247
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:526247 has been successfully added to your 
