TPL PlastechBOM:526582 +0.81%81 Quick Ratio is 1.17 as of Mar. 2026, which is 38% above its 10-year median of 0.85. GuruFocus rates BOM:526582 with a GF Score™ of 81/100 and a GF Value™ of ₹92.39 (Modestly Undervalued). Among 396 Packaging & Containers companies, TPL Plastech ranks better than 51.77% 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. TPL Plastech's quick ratio for the quarter that ended in Mar. 2026 was 1.17.
TPL Plastech has a quick ratio of 1.17. It generally indicates good short-term financial strength.
The historical rank and industry rank for TPL Plastech's Quick Ratio or its related term are showing as below:
BOM:526582'
s Quick Ratio Range Over the Past 10 Years
Min: 0.64 Med: 0.85 Max: 1.17
Current: 1.17
During the past 13 years, TPL Plastech's highest Quick Ratio was 1.17. The lowest was 0.64. And the median was 0.85.
BOM:526582's Quick Ratio is ranked better than 51.77% of 396
companies
in the Packaging & Containers industry
Industry Median: 1.13
vs BOM:526582: 1.17
TPL Plastech (BOM:526582) 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.
TPL Plastech Quick Ratio Related Terms
TPL Plastech Quick Ratio Historical Data
* Premium members only.
The historical data trend for TPL Plastech'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.
For the Packaging & Containers subindustry, TPL Plastech'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.
TPL Plastech Quick Ratio vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, TPL Plastech's Quick Ratio distribution charts can be found below:
* The bar in red indicates where TPL Plastech'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.
TPL Plastech'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.
TPL Plastech (BOM:526582) has a Quick Ratio of 1.17 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TPL Plastech and its competitors. This is 38% above median its historical median of 0.85. Over the past decade, TPL Plastech's Quick Ratio has ranged from 0.64 to 1.17. According to the industry distribution chart, TPL Plastech ranks #191 out of 396 companies in the Packaging & Containers industry, placing it in the top 48.2%.
Is TPL Plastech's Quick Ratio too high?
TPL Plastech's current Quick Ratio of 1.17 is 38% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 1.17. The Packaging & Containers industry median Quick Ratio is 1.13. TPL Plastech's value of 1.17 is 3.5% above this industry median. Based on the distribution chart, TPL Plastech ranks #191 out of 396 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, TPL Plastech has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPL Plastech's Quick Ratio compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TPL Plastech ranks #191 out of 396 companies for Quick Ratio. This puts TPL Plastech in the upper half of its industry. The industry median Quick Ratio is 1.13. TPL Plastech's value of 1.17 is 3.5% above this benchmark. Historically, TPL Plastech's own Quick Ratio has ranged from 0.64 to 1.17 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.13, TPL Plastech 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 Packaging & Containers company?
The median Quick Ratio among Packaging & Containers companies is 1.13, based on 396 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. TPL Plastech's current Quick Ratio of 1.17 is 3.5% 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 TPL Plastech and its competitors. For the Packaging & Containers industry, the median Quick Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPL Plastech's current Quick Ratio is 1.17, which is 38% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPL Plastech stock overvalued right now?
Based on GuruFocus' analysis, TPL Plastech (BOM:526582) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.39, compared to a current price of ₹72.56 — trading 21.5% below its estimated fair value. The current Quick Ratio is 1.17, which is 38% above median its 10-year median of 0.85 and 3.5% above the Packaging & Containers industry median of 1.13. TPL Plastech's overall GF Score™ is 81/100. 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 TPL Plastech (BOM:526582), the current Quick Ratio is 1.17 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 TPL Plastech (BOM:526582) Overvalued in 2026?
Based on GuruFocus' analysis, TPL Plastech stock appears to be undervalued.
The current stock price of ₹72.56 is trading 21.5% below its estimated GF Value™ of ₹92.39.
GuruFocus considers TPL Plastech to be Modestly Undervalued.
Key valuation signals for BOM:526582:
Quick Ratio: 1.17 (38% above median its 10-year median of 0.85)
GF Value™: ₹92.39 vs. price of ₹72.56 (21.5% below fair value)
Industry Position: 3.5% above the Packaging & Containers median (#191 of 396)
No single metric tells the full story. See the BOM:526582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPL Plastech Ltd is a manufacturer of plastic drums in India. The company's product includes Narrow mouth drums; Narrow mouth and Wide Mouth Carboys; Open Top Drums - Bulk and Medium; QuBC and COBO IBC and small pack. The Company's operates its business in India.
81GF Score
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