Gratex Industries (BOM:526751) Quick Ratio: 1.42 (As of Mar. 2026) — 32% Below Median


BOM:526751 Gratex Industries Ltd BOM:526751
71 GF Score
Price ₹26.13
GF Value ₹24.72
Valuation Fairly Valued
! 8 Warning Signs
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What is Gratex Industries Quick Ratio?

Gratex Industries BOM:526751 +0.50% 71 Quick Ratio is 1.42 as of Mar. 2026, which is 32% below its 10-year median of 2.09. GuruFocus rates BOM:526751 with a GF Score™ of 71/100 and a GF Value™ of ₹24.72 (Fairly Valued). The stock has 8 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Gratex Industries ranks better than 60.14% 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. Gratex Industries's quick ratio for the quarter that ended in Mar. 2026 was 1.42.

Gratex Industries has a quick ratio of 1.42. It generally indicates good short-term financial strength.

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

BOM:526751' s Quick Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.09   Max: 12.21
Current: 1.42

During the past 13 years, Gratex Industries's highest Quick Ratio was 12.21. The lowest was 1.22. And the median was 2.09.

BOM:526751's Quick Ratio is ranked better than
60.14% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.265 vs BOM:526751: 1.42

Gratex Industries  (BOM:526751) 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.


Gratex Industries Quick Ratio Related Terms


Gratex Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Gratex 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.

Gratex Industries Quick Ratio Chart

Gratex 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 1.95 1.64 1.48 1.22 1.42

Gratex 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 1.22 0.00 1.29 0.00 1.42

BOM:526751 vs SN, SGI, MHK: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Gratex 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.


Gratex Industries Quick Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gratex Industries's Quick Ratio distribution charts can be found below:

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


BOM:526751
71GF Score
Gratex Industries Ltd BOM:526751
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gratex 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.

Gratex 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
=(32.846-21.842)/7.763
=1.42

Gratex 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
=(32.846-21.842)/7.763
=1.42

* 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 1.42 mean?
Gratex Industries (BOM:526751) has a Quick Ratio of 1.42 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Gratex Industries and its competitors. This is 32% below median its historical median of 2.09. Over the past decade, Gratex Industries' Quick Ratio has ranged from 1.22 to 12.21. According to the industry distribution chart, Gratex Industries ranks #173 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 39.9%.
Is Gratex Industries' Quick Ratio too high?
Gratex Industries' current Quick Ratio of 1.42 is 32% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 12.21. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Gratex Industries' value of 1.42 is 12.3% above this industry median. Based on the distribution chart, Gratex Industries ranks #173 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Gratex Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gratex Industries' Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Gratex Industries ranks #173 out of 434 companies for Quick Ratio. This puts Gratex Industries in the upper half of its industry. The industry median Quick Ratio is 1.27. Gratex Industries' value of 1.42 is 12.3% above this benchmark. Historically, Gratex Industries' own Quick Ratio has ranged from 1.22 to 12.21 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.27, Gratex 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 a Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 434 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. Gratex Industries's current Quick Ratio of 1.42 is 12.3% 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 Gratex Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gratex Industries's current Quick Ratio is 1.42, which is 32% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gratex Industries stock overvalued right now?
Based on GuruFocus' analysis, Gratex Industries (BOM:526751) is currently considered Fairly Valued. The stock's GF Value™ is ₹24.72, compared to a current price of ₹26.13 — trading 5.7% above its estimated fair value. The current Quick Ratio is 1.42, which is 32% below median its 10-year median of 2.09 and 12.3% above the Furnishings, Fixtures & Appliances industry median of 1.27. Gratex Industries' overall GF Score™ is 71/100 with 8 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 Gratex Industries (BOM:526751), the current Quick Ratio is 1.42 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 Gratex Industries (BOM:526751) Overvalued in 2026?

Based on GuruFocus' analysis, Gratex Industries stock appears to be overvalued. The current stock price of ₹26.13 is trading 5.7% above its estimated GF Value™ of ₹24.72. GuruFocus considers Gratex Industries to be Fairly Valued.

Key valuation signals for BOM:526751:

  • Quick Ratio: 1.42 (32% below median its 10-year median of 2.09)
  • GF Value™: ₹24.72 vs. price of ₹26.13 (5.7% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 12.3% above the Furnishings, Fixtures & Appliances median (#173 of 434)

No single metric tells the full story. See the BOM:526751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gratex Industries Business Description

Address TTC Industrial Area, Gratex House, A73, MIDC, Kopar Khairne, Sanpada, Thane, Navi Mumbai, MH, IND, 400703
Gratex Industries Ltd engages in the business of trading, reselling and wholesale of wallpapers and related products. Geographically all business activities of the firm are carried out in India. It operates in single business segment: Manufacturing and Trading of Profiles, Catalogues, Digital Posters, Furnitures and Wall coverings.
71GF Score

Get the complete analysis for BOM:526751

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

₹26.13
Price
₹24.72
GF Value