Hindustan Appliances (BOM:531918) Quick Ratio: 0.29 (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:531918 Hindustan Appliances Ltd BOM:531918
36 GF Score
Price ₹106.65
! 1 Warning Sign
View Full Analysis

What is Hindustan Appliances Quick Ratio?

Hindustan Appliances BOM:531918 -4.39% 36 Quick Ratio is 0.29 as of Mar. 2026, which is at its 10-year median of 0.29. GuruFocus rates BOM:531918 with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 567 Conglomerates companies, Hindustan Appliances ranks worse than 97% 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. Hindustan Appliances's quick ratio for the quarter that ended in Mar. 2026 was 0.29.

Hindustan Appliances has a quick ratio of 0.29. It indicates that the company cannot currently fully pay back its current liabilities.

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

BOM:531918' s Quick Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.29   Max: 0.29
Current: 0.29

During the past 13 years, Hindustan Appliances's highest Quick Ratio was 0.29. The lowest was 0.28. And the median was 0.29.

BOM:531918's Quick Ratio is ranked worse than
97% of 567 companies
in the Conglomerates industry
Industry Median: 1.19 vs BOM:531918: 0.29

Hindustan Appliances  (BOM:531918) 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.


Hindustan Appliances Quick Ratio Related Terms


Hindustan Appliances Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hindustan Appliances'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.

Hindustan Appliances Quick Ratio Chart

Hindustan Appliances 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 0.29 0.29 0.28 0.29 0.29

Hindustan Appliances 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 0.29 0.00 0.29 0.00 0.29

BOM:531918 vs HON, MMM: Quick Ratio Comparison

For the Conglomerates subindustry, Hindustan Appliances'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.


Hindustan Appliances Quick Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hindustan Appliances's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Hindustan Appliances's Quick Ratio falls into.


BOM:531918
36GF Score
Hindustan Appliances Ltd BOM:531918
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindustan Appliances 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.

Hindustan Appliances'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
=(432.65-329.476)/361.558
=0.29

Hindustan Appliances'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
=(432.65-329.476)/361.558
=0.29

* 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 0.29 mean?
Hindustan Appliances (BOM:531918) has a Quick Ratio of 0.29 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hindustan Appliances and its competitors. This is near median its historical median of 0.29. Over the past decade, Hindustan Appliances' Quick Ratio has ranged from 0.28 to 0.29. According to the industry distribution chart, Hindustan Appliances ranks #550 out of 567 companies in the Conglomerates industry, placing it in the top 97%.
Is Hindustan Appliances' Quick Ratio too high?
Hindustan Appliances' current Quick Ratio of 0.29 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.29. The Conglomerates industry median Quick Ratio is 1.19. Hindustan Appliances' value of 0.29 is 75.6% below this industry median. Based on the distribution chart, Hindustan Appliances ranks #550 out of 567 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Hindustan Appliances has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Hindustan Appliances' Quick Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hindustan Appliances ranks #550 out of 567 companies for Quick Ratio. This places Hindustan Appliances in the lower half of its industry. The industry median Quick Ratio is 1.19. Hindustan Appliances' value of 0.29 is 75.6% below this benchmark. Historically, Hindustan Appliances' own Quick Ratio has ranged from 0.28 to 0.29 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.19, Hindustan Appliances 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 Conglomerates company?
The median Quick Ratio among Conglomerates companies is 1.19, based on 567 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. Hindustan Appliances's current Quick Ratio of 0.29 is 75.6% 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 Hindustan Appliances and its competitors. For the Conglomerates industry, the median Quick Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Appliances's current Quick Ratio is 0.29, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Appliances stock overvalued right now?
Hindustan Appliances (BOM:531918) has a current Quick Ratio of 0.29. The current Quick Ratio is 0.29, which is near median its 10-year median of 0.29 and 75.6% below the Conglomerates industry median of 1.19. Hindustan Appliances' overall GF Score™ is 36/100 with 1 warning sign 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 Hindustan Appliances (BOM:531918), the current Quick Ratio is 0.29 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.

Hindustan Appliances Business Description

Address Senapati Bapat Marg, 1301, 13th Floor, Tower B, Peninsula Business Park, Lower Parel (West), Mumbai, MH, IND, 400013
Hindustan Appliances Ltd is an Indian-based company is engaged in Investment activities. It has single segment which is the construction business.
36GF Score

Get the complete analysis for BOM:531918

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

₹106.65
Price