Greenply Industries (BOM:526797) Quick Ratio: 0.74 (As of Mar. 2026) — Near Median


BOM:526797 Greenply Industries Ltd BOM:526797
89 GF Score
Price ₹295.25
GF Value ₹339.04
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Greenply Industries Quick Ratio?

Greenply Industries BOM:526797 -1.71% 89 Quick Ratio is 0.74 as of Mar. 2026, which is 1% below its 10-year median of 0.75. GuruFocus rates BOM:526797 with a GF Score™ of 89/100 and a GF Value™ of ₹339.04 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 289 Forest Products companies, Greenply Industries ranks worse than 64.71% 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. Greenply Industries's quick ratio for the quarter that ended in Mar. 2026 was 0.74.

Greenply Industries has a quick ratio of 0.74. It indicates that the company cannot currently fully pay back its current liabilities.

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

BOM:526797' s Quick Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.75   Max: 0.93
Current: 0.74

During the past 13 years, Greenply Industries's highest Quick Ratio was 0.93. The lowest was 0.55. And the median was 0.75.

BOM:526797's Quick Ratio is ranked worse than
64.71% of 289 companies
in the Forest Products industry
Industry Median: 0.93 vs BOM:526797: 0.74

Greenply Industries  (BOM:526797) 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.


Greenply Industries Quick Ratio Related Terms


Greenply Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Greenply 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.

Greenply Industries Quick Ratio Chart

Greenply 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 0.71 0.76 0.64 0.55 0.74

Greenply 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 0.55 0.00 0.69 0.00 0.74

BOM:526797 vs SSD, UFPI, BCC: Quick Ratio Comparison

For the Lumber & Wood Production subindustry, Greenply 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.


Greenply Industries Quick Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenply Industries's Quick Ratio distribution charts can be found below:

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


BOM:526797
89GF Score
Greenply Industries Ltd BOM:526797
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenply 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.

Greenply 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
=(8610.216-3644.37)/6693.937
=0.74

Greenply 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
=(8610.216-3644.37)/6693.937
=0.74

* 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 0.74 mean?
Greenply Industries (BOM:526797) has a Quick Ratio of 0.74 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Greenply Industries and its competitors. This is near median its historical median of 0.75. Over the past decade, Greenply Industries' Quick Ratio has ranged from 0.55 to 0.93. According to the industry distribution chart, Greenply Industries ranks #187 out of 289 companies in the Forest Products industry, placing it in the top 64.7%.
Is Greenply Industries' Quick Ratio too high?
Greenply Industries' current Quick Ratio of 0.74 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 0.93. The Forest Products industry median Quick Ratio is 0.93. Greenply Industries' value of 0.74 is 20.4% below this industry median. Based on the distribution chart, Greenply Industries ranks #187 out of 289 companies in the Forest Products industry, which is below the industry midpoint. Overall, Greenply Industries has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenply Industries' Quick Ratio compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Greenply Industries ranks #187 out of 289 companies for Quick Ratio. This places Greenply Industries in the lower half of its industry. The industry median Quick Ratio is 0.93. Greenply Industries' value of 0.74 is 20.4% below this benchmark. Historically, Greenply Industries' own Quick Ratio has ranged from 0.55 to 0.93 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.93, Greenply 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 Forest Products company?
The median Quick Ratio among Forest Products companies is 0.93, based on 289 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. Greenply Industries's current Quick Ratio of 0.74 is 20.4% 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 Greenply Industries and its competitors. For the Forest Products industry, the median Quick Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenply Industries's current Quick Ratio is 0.74, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenply Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenply Industries (BOM:526797) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹339.04, compared to a current price of ₹295.25 — trading 12.9% below its estimated fair value. The current Quick Ratio is 0.74, which is near median its 10-year median of 0.75 and 20.4% below the Forest Products industry median of 0.93. Greenply Industries' overall GF Score™ is 89/100 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 Greenply Industries (BOM:526797), the current Quick Ratio is 0.74 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 Greenply Industries (BOM:526797) Overvalued in 2026?

Based on GuruFocus' analysis, Greenply Industries stock appears to be undervalued. The current stock price of ₹295.25 is trading 12.9% below its estimated GF Value™ of ₹339.04. GuruFocus considers Greenply Industries to be Modestly Undervalued.

Key valuation signals for BOM:526797:

  • Quick Ratio: 0.74 (near median its 10-year median of 0.75)
  • GF Value™: ₹339.04 vs. price of ₹295.25 (12.9% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 20.4% below the Forest Products median (#187 of 289)

No single metric tells the full story. See the BOM:526797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenply Industries Business Description

Other Exchanges GREENPLY:India
Address 23 Chetla Central Road, 5th and 6th Floor, Madgul Lounge, Kolkata, WB, IND, 700027
Greenply Industries Ltd is an interior infrastructure company that manufactures and markets wood and plywood products. The company's product portfolio consists of plywood and block boards, Doors, decorative veneers, PVC products, and Specialty plywood. Its segments consist of Plywood and Allied products, and Medium Density Fibre Boards, and allied products. The company generates all of its revenue from Plywood and Allied products.
89GF Score

Get the complete analysis for BOM:526797

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

₹295.25
Price
₹339.04
GF Value