Diligent Industries (BOM:531153) Quick Ratio: 1.03 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:531153 Diligent Industries Ltd BOM:531153
69 GF Score
Price ₹2.04
GF Value ₹2.73
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Diligent Industries Quick Ratio?

Diligent Industries BOM:531153 +0.49% 69 Quick Ratio is 1.03 as of Mar. 2026, which is 9% below its 10-year median of 1.13. GuruFocus rates BOM:531153 with a GF Score™ of 69/100 and a GF Value™ of ₹2.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,995 Consumer Packaged Goods companies, Diligent Industries ranks worse than 53.18% 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. Diligent Industries's quick ratio for the quarter that ended in Mar. 2026 was 1.03.

Diligent Industries has a quick ratio of 1.03. It generally indicates good short-term financial strength.

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

BOM:531153' s Quick Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.13   Max: 1.28
Current: 1.03

During the past 13 years, Diligent Industries's highest Quick Ratio was 1.28. The lowest was 0.76. And the median was 1.13.

BOM:531153's Quick Ratio is ranked worse than
53.18% of 1995 companies
in the Consumer Packaged Goods industry
Industry Median: 1.12 vs BOM:531153: 1.03

Diligent Industries  (BOM:531153) 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.


Diligent Industries Quick Ratio Related Terms


Diligent Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Diligent 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.

Diligent Industries Quick Ratio Chart

Diligent 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 0.76 1.28 0.76 1.20 1.03

Diligent 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 1.20 0.00 1.72 0.00 1.03

BOM:531153 vs KHC, GIS: Quick Ratio Comparison

For the Packaged Foods subindustry, Diligent 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.


Diligent Industries Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Diligent Industries's Quick Ratio distribution charts can be found below:

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


BOM:531153
69GF Score
Diligent Industries Ltd BOM:531153
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diligent 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.

Diligent 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
=(906.372-461.521)/432.043
=1.03

Diligent 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
=(906.372-461.521)/432.043
=1.03

* 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 1.03 mean?
Diligent Industries (BOM:531153) has a Quick Ratio of 1.03 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Diligent Industries and its competitors. This is near median its historical median of 1.13. Over the past decade, Diligent Industries' Quick Ratio has ranged from 0.76 to 1.28. According to the industry distribution chart, Diligent Industries ranks #1061 out of 1995 companies in the Consumer Packaged Goods industry, placing it in the top 53.2%.
Is Diligent Industries' Quick Ratio too high?
Diligent Industries' current Quick Ratio of 1.03 is near median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.28. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Diligent Industries' value of 1.03 is 8% below this industry median. Based on the distribution chart, Diligent Industries ranks #1061 out of 1995 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Diligent Industries has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Diligent Industries' Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Diligent Industries ranks #1061 out of 1995 companies for Quick Ratio. This places Diligent Industries in the lower half of its industry. The industry median Quick Ratio is 1.12. Diligent Industries' value of 1.03 is 8% below this benchmark. Historically, Diligent Industries' own Quick Ratio has ranged from 0.76 to 1.28 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 1.12, Diligent 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,995 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. Diligent Industries's current Quick Ratio of 1.03 is 8% 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 Diligent Industries and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diligent Industries's current Quick Ratio is 1.03, which is near median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diligent Industries stock overvalued right now?
Based on GuruFocus' analysis, Diligent Industries (BOM:531153) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2.73, compared to a current price of ₹2.04 — trading 25.3% below its estimated fair value. The current Quick Ratio is 1.03, which is near median its 10-year median of 1.13 and 8% below the Consumer Packaged Goods industry median of 1.12. Diligent Industries' overall GF Score™ is 69/100 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 Diligent Industries (BOM:531153), the current Quick Ratio is 1.03 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 Diligent Industries (BOM:531153) Overvalued in 2026?

Based on GuruFocus' analysis, Diligent Industries stock appears to be undervalued. The current stock price of ₹2.04 is trading 25.3% below its estimated GF Value™ of ₹2.73. GuruFocus considers Diligent Industries to be Modestly Undervalued.

Key valuation signals for BOM:531153:

  • Quick Ratio: 1.03 (near median its 10-year median of 1.13)
  • GF Value™: ₹2.73 vs. price of ₹2.04 (25.3% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 8% below the Consumer Packaged Goods median (#1061 of 1995)

No single metric tells the full story. See the BOM:531153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Diligent Industries Business Description

Address Dwaraka Thirumala Road, Denduluru Village and Mandal, West Godavari, Eluru, AP, IND, 534432
Diligent Industries Ltd is engaged in the business of production/extraction of rice bran oil, Palm oil, cottonseed oil, groundnut oil and other allied products. The firm is also engaged in the business of processing oilseeds. The company is also engaged in the Selling, Marketing and distribution of pharmaceutical drugs.
69GF Score

Get the complete analysis for BOM:531153

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

₹2.04
Price
₹2.73
GF Value