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Garg FurnaceBOM:530615 +0.43%65 Quick Ratio is 3.11 as of Mar. 2026, which is 510% above its 10-year median of 0.51. GuruFocus rates BOM:530615 with a GF Score™ of 65/100 and a GF Value™ of ₹178.15 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 634 Steel companies, Garg Furnace ranks better than 83.44% 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. Garg Furnace's quick ratio for the quarter that ended in Mar. 2026 was 3.11.
Garg Furnace has a quick ratio of 3.11. It generally indicates good short-term financial strength.
The historical rank and industry rank for Garg Furnace's Quick Ratio or its related term are showing as below:
BOM:530615'
s Quick Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.51 Max: 3.26
Current: 3.11
During the past 13 years, Garg Furnace's highest Quick Ratio was 3.26. The lowest was 0.38. And the median was 0.51.
BOM:530615's Quick Ratio is ranked better than 83.44% of 634
companies
in the Steel industry
Industry Median: 1.02
vs BOM:530615: 3.11
Garg Furnace (BOM:530615) 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.
Garg Furnace Quick Ratio Related Terms
Garg Furnace Quick Ratio Historical Data
* Premium members only.
The historical data trend for Garg Furnace'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.
BOM:530615 vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Garg Furnace'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.
Garg Furnace Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Garg Furnace's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Garg Furnace'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.
Garg Furnace'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.
Garg Furnace (BOM:530615) has a Quick Ratio of 3.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Garg Furnace and its competitors. This is 510% above median its historical median of 0.51. Over the past decade, Garg Furnace's Quick Ratio has ranged from 0.38 to 3.26. According to the industry distribution chart, Garg Furnace ranks #105 out of 634 companies in the Steel industry, placing it in the top 16.6%.
Is Garg Furnace's Quick Ratio too high?
Garg Furnace's current Quick Ratio of 3.11 is 510% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 3.26. The Steel industry median Quick Ratio is 1.02. Garg Furnace's value of 3.11 is 204.9% above this industry median. Based on the distribution chart, Garg Furnace ranks #105 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Garg Furnace has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Garg Furnace ranks #105 out of 634 companies for Quick Ratio. This places Garg Furnace in the top 17% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Garg Furnace's value of 3.11 is 204.9% above this benchmark. Historically, Garg Furnace's own Quick Ratio has ranged from 0.38 to 3.26 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.02, Garg Furnace 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. Garg Furnace's current Quick Ratio of 3.11 is 204.9% 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 Garg Furnace and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garg Furnace's current Quick Ratio is 3.11, which is 510% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹178.15, compared to a current price of ₹116.40 — trading 34.7% below its estimated fair value. The current Quick Ratio is 3.11, which is 510% above median its 10-year median of 0.51 and 204.9% above the Steel industry median of 1.02. Garg Furnace's overall GF Score™ is 65/100 with 6 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 Garg Furnace (BOM:530615), the current Quick Ratio is 3.11 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 Garg Furnace (BOM:530615) Overvalued in 2026?
Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued.
The current stock price of ₹116.40 is trading 34.7% below its estimated GF Value™ of ₹178.15.
GuruFocus considers Garg Furnace to be Significantly Undervalued.
Key valuation signals for BOM:530615:
Quick Ratio: 3.11 (510% above median its 10-year median of 0.51)
GF Value™: ₹178.15 vs. price of ₹116.40 (34.7% below fair value)
Industry Position: 204.9% above the Steel median (#105 of 634)
No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
65GF Score
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