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Texel IndustriesBOM:526638 +0.52%52 Quick Ratio is 0.64 as of Mar. 2026, which is 7% above its 10-year median of 0.60. GuruFocus rates BOM:526638 with a GF Score™ of 52/100 and a GF Value™ of ₹56.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,068 Manufacturing - Apparel & Accessories companies, Texel Industries ranks worse than 75.19% on this metric.
Texel Industries has a quick ratio of 0.64. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Texel Industries's Quick Ratio or its related term are showing as below:
BOM:526638'
s Quick Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.6 Max: 1.06
Current: 0.64
During the past 11 years, Texel Industries's highest Quick Ratio was 1.06. The lowest was 0.40. And the median was 0.60.
BOM:526638's Quick Ratio is ranked worse than 75.19% of 1068
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11
vs BOM:526638: 0.64
Texel Industries (BOM:526638) 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.
Texel Industries Quick Ratio Related Terms
Texel Industries Quick Ratio Historical Data
* Premium members only.
The historical data trend for Texel 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.
Texel Industries Quick Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Texel 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.
Texel Industries Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Texel Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Texel Industries'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.
Texel Industries'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.
Texel Industries (BOM:526638) has a Quick Ratio of 0.64 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Texel Industries and its competitors. This is near median its historical median of 0.60. Over the past decade, Texel Industries' Quick Ratio has ranged from 0.40 to 1.06. According to the industry distribution chart, Texel Industries ranks #803 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.2%.
Is Texel Industries' Quick Ratio too high?
Texel Industries' current Quick Ratio of 0.64 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.06. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Texel Industries' value of 0.64 is 42.3% below this industry median. Based on the distribution chart, Texel Industries ranks #803 out of 1068 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Texel Industries has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texel Industries' Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Texel Industries ranks #803 out of 1068 companies for Quick Ratio. This places Texel Industries in the lower half of its industry. The industry median Quick Ratio is 1.11. Texel Industries' value of 0.64 is 42.3% below this benchmark. Historically, Texel Industries' own Quick Ratio has ranged from 0.40 to 1.06 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.11, Texel Industries 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,068 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. Texel Industries's current Quick Ratio of 0.64 is 42.3% 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 Texel Industries and its competitors. For the Manufacturing - Apparel & Accessories 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. Texel Industries's current Quick Ratio is 0.64, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texel Industries stock overvalued right now?
Based on GuruFocus' analysis, Texel Industries (BOM:526638) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹56.21, compared to a current price of ₹74.06 — trading 31.8% above its estimated fair value. The current Quick Ratio is 0.64, which is near median its 10-year median of 0.60 and 42.3% below the Manufacturing - Apparel & Accessories industry median of 1.11. Texel Industries' overall GF Score™ is 52/100 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 Texel Industries (BOM:526638), the current Quick Ratio is 0.64 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 Texel Industries (BOM:526638) Overvalued in 2026?
Based on GuruFocus' analysis, Texel Industries stock appears to be overvalued.
The current stock price of ₹74.06 is trading 31.8% above its estimated GF Value™ of ₹56.21.
GuruFocus considers Texel Industries to be Significantly Overvalued.
Key valuation signals for BOM:526638:
Quick Ratio: 0.64 (near median its 10-year median of 0.60)
GF Value™: ₹56.21 vs. price of ₹74.06 (31.8% above fair value)
Industry Position: 42.3% below the Manufacturing - Apparel & Accessories median (#803 of 1068)
No single metric tells the full story. See the BOM:526638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texel Industries Ltd manufactures and sells tarpaulins and geomembranes in India and internationally. The company has its capabilities in manufacturing a wide range of Geosynthetic Textile products which includes geomembranes, geotextiles and ground covers among others. The products are used in agriculture, aquaculture, horticulture, animal husbandry, civil engineering, water harvesting, water conservation and disaster relief, landscaping, transportation, pollution control and waste management.
52GF Score
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