Themis MedicareBOM:530199 -3.60%70 Quick Ratio is 1.35 as of Mar. 2026, which is 15% above its 10-year median of 1.17. GuruFocus rates BOM:530199 with a GF Score™ of 70/100 and a GF Value™ of ₹149.04 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 997 Drug Manufacturers companies, Themis Medicare ranks worse than 52.76% 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. Themis Medicare's quick ratio for the quarter that ended in Mar. 2026 was 1.35.
Themis Medicare has a quick ratio of 1.35. It generally indicates good short-term financial strength.
The historical rank and industry rank for Themis Medicare's Quick Ratio or its related term are showing as below:
BOM:530199'
s Quick Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.17 Max: 1.46
Current: 1.35
During the past 13 years, Themis Medicare's highest Quick Ratio was 1.46. The lowest was 0.61. And the median was 1.17.
BOM:530199's Quick Ratio is ranked worse than 52.76% of 997
companies
in the Drug Manufacturers industry
Industry Median: 1.45
vs BOM:530199: 1.35
Themis Medicare (BOM:530199) 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.
Themis Medicare Quick Ratio Related Terms
Themis Medicare Quick Ratio Historical Data
* Premium members only.
The historical data trend for Themis Medicare'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 Drug Manufacturers - Specialty & Generic subindustry, Themis Medicare'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.
Themis Medicare Quick Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Themis Medicare's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Themis Medicare'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.
Themis Medicare'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.
Themis Medicare (BOM:530199) has a Quick Ratio of 1.35 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Themis Medicare and its competitors. This is 15% above median its historical median of 1.17. Over the past decade, Themis Medicare's Quick Ratio has ranged from 0.61 to 1.46. According to the industry distribution chart, Themis Medicare ranks #526 out of 997 companies in the Drug Manufacturers industry, placing it in the top 52.8%.
Is Themis Medicare's Quick Ratio too high?
Themis Medicare's current Quick Ratio of 1.35 is 15% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.46. The Drug Manufacturers industry median Quick Ratio is 1.45. Themis Medicare's value of 1.35 is 6.9% below this industry median. Based on the distribution chart, Themis Medicare ranks #526 out of 997 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Themis Medicare has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Themis Medicare's Quick Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Themis Medicare ranks #526 out of 997 companies for Quick Ratio. This places Themis Medicare in the lower half of its industry. The industry median Quick Ratio is 1.45. Themis Medicare's value of 1.35 is 6.9% below this benchmark. Historically, Themis Medicare's own Quick Ratio has ranged from 0.61 to 1.46 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.45, Themis Medicare 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 Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.45, based on 997 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. Themis Medicare's current Quick Ratio of 1.35 is 6.9% 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 Themis Medicare and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Themis Medicare's current Quick Ratio is 1.35, which is 15% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Themis Medicare stock overvalued right now?
Based on GuruFocus' analysis, Themis Medicare (BOM:530199) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹149.04, compared to a current price of ₹116.65 — trading 21.7% below its estimated fair value. The current Quick Ratio is 1.35, which is 15% above median its 10-year median of 1.17 and 6.9% below the Drug Manufacturers industry median of 1.45. Themis Medicare's overall GF Score™ is 70/100 with 7 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 Themis Medicare (BOM:530199), the current Quick Ratio is 1.35 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 Themis Medicare (BOM:530199) Overvalued in 2026?
Based on GuruFocus' analysis, Themis Medicare stock appears to be undervalued.
The current stock price of ₹116.65 is trading 21.7% below its estimated GF Value™ of ₹149.04.
GuruFocus considers Themis Medicare to be Modestly Undervalued.
Key valuation signals for BOM:530199:
Quick Ratio: 1.35 (15% above median its 10-year median of 1.17)
GF Value™: ₹149.04 vs. price of ₹116.65 (21.7% below fair value)
Industry Position: 6.9% below the Drug Manufacturers median (#526 of 997)
No single metric tells the full story. See the BOM:530199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Themis Medicare Ltd is an Indian based company engaged in the manufacturing and marketing of pharmaceutical products. The Company operates only in one business segment which is Pharmaceuticals. Geographically, it derives a majority of revenue from India and also has a presence in the international market. Its product categories include Anti Malarial, CCD products, Nutritional Gummies, and Candy and Other Products such as OD-LM, Dexem, Medzol and Tazowin.
70GF Score
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