Thakkers Developers (BOM:526654) Quick Ratio: 4.17 (As of Mar. 2026) — 479% Above Median


BOM:526654 Thakkers Developers Ltd BOM:526654
68 GF Score
Price ₹121.85
GF Value ₹168.23
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thakkers Developers Quick Ratio?

Thakkers Developers BOM:526654 68 Quick Ratio is 4.17 as of Mar. 2026, which is 479% above its 10-year median of 0.72. GuruFocus rates BOM:526654 with a GF Score™ of 68/100 and a GF Value™ of ₹168.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,791 Real Estate companies, Thakkers Developers ranks better than 89.11% 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. Thakkers Developers's quick ratio for the quarter that ended in Mar. 2026 was 4.17.

Thakkers Developers has a quick ratio of 4.17. It generally indicates good short-term financial strength.

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

BOM:526654' s Quick Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.72   Max: 4.17
Current: 4.17

During the past 13 years, Thakkers Developers's highest Quick Ratio was 4.17. The lowest was 0.31. And the median was 0.72.

BOM:526654's Quick Ratio is ranked better than
89.11% of 1791 companies
in the Real Estate industry
Industry Median: 0.84 vs BOM:526654: 4.17

Thakkers Developers  (BOM:526654) 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.


Thakkers Developers Quick Ratio Related Terms


Thakkers Developers Quick Ratio Historical Data

* Premium members only.

The historical data trend for Thakkers Developers'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.

Thakkers Developers Quick Ratio Chart

Thakkers Developers 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 0.31 1.03 1.73 0.67 4.17

Thakkers Developers 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 0.67 4.49 3.56 6.12 4.17

Thakkers Developers Quick Ratio Competitor Comparison

For the Real Estate - Development subindustry, Thakkers Developers'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.


Thakkers Developers Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thakkers Developers's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Thakkers Developers's Quick Ratio falls into.


BOM:526654
68GF Score
Thakkers Developers Ltd BOM:526654
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thakkers Developers 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.

Thakkers Developers'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
=(1406.786-897.879)/121.948
=4.17

Thakkers Developers'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
=(1406.786-897.879)/121.948
=4.17

* 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 4.17 mean?
Thakkers Developers (BOM:526654) has a Quick Ratio of 4.17 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thakkers Developers and its competitors. This is 479% above median its historical median of 0.72. Over the past decade, Thakkers Developers' Quick Ratio has ranged from 0.31 to 4.17. According to the industry distribution chart, Thakkers Developers ranks #195 out of 1791 companies in the Real Estate industry, placing it in the top 10.9%.
Is Thakkers Developers' Quick Ratio too high?
Thakkers Developers' current Quick Ratio of 4.17 is 479% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 4.17. The Real Estate industry median Quick Ratio is 0.84. Thakkers Developers' value of 4.17 is 396.4% above this industry median. Based on the distribution chart, Thakkers Developers ranks #195 out of 1791 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Thakkers Developers has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thakkers Developers' Quick Ratio compare to competitors?
According to the Real Estate industry distribution chart, Thakkers Developers ranks #195 out of 1791 companies for Quick Ratio. This places Thakkers Developers in the top 11% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.84. Thakkers Developers' value of 4.17 is 396.4% above this benchmark. Historically, Thakkers Developers' own Quick Ratio has ranged from 0.31 to 4.17 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.84, Thakkers Developers 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 Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,791 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. Thakkers Developers's current Quick Ratio of 4.17 is 396.4% 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 Thakkers Developers and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thakkers Developers's current Quick Ratio is 4.17, which is 479% 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 Thakkers Developers stock overvalued right now?
Based on GuruFocus' analysis, Thakkers Developers (BOM:526654) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹168.23, compared to a current price of ₹121.85 — trading 27.6% below its estimated fair value. The current Quick Ratio is 4.17, which is 479% above median its 10-year median of 0.72 and 396.4% above the Real Estate industry median of 0.84. Thakkers Developers' overall GF Score™ is 68/100 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 Thakkers Developers (BOM:526654), the current Quick Ratio is 4.17 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 Thakkers Developers (BOM:526654) Overvalued in 2026?

Based on GuruFocus' analysis, Thakkers Developers stock appears to be undervalued. The current stock price of ₹121.85 is trading 27.6% below its estimated GF Value™ of ₹168.23. GuruFocus considers Thakkers Developers to be Modestly Undervalued.

Key valuation signals for BOM:526654:

  • Quick Ratio: 4.17 (479% above median its 10-year median of 0.72)
  • GF Value™: ₹168.23 vs. price of ₹121.85 (27.6% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 396.4% above the Real Estate median (#195 of 1791)

No single metric tells the full story. See the BOM:526654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thakkers Developers Business Description

Address Modi Street, 37/39, Kantol Niwas, Fort, Mumbai, MH, IND, 400 001
Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.
68GF Score

Get the complete analysis for BOM:526654

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

₹121.85
Price
₹168.23
GF Value