Hind Aluminium IndustriesBOM:531979 +1.01%49 Quick Ratio is 2.44 as of Mar. 2026, which is 92% above its 10-year median of 1.27. GuruFocus rates BOM:531979 with a GF Score™ of 49/100 and a GF Value™ of ₹326.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,632 Metals & Mining companies, Hind Aluminium Industries ranks better than 51.6% on this metric.
Hind Aluminium Industries has a quick ratio of 2.44. It generally indicates good short-term financial strength.
The historical rank and industry rank for Hind Aluminium Industries's Quick Ratio or its related term are showing as below:
BOM:531979'
s Quick Ratio Range Over the Past 10 Years
Min: 0.83 Med: 1.27 Max: 27.94
Current: 2.44
During the past 13 years, Hind Aluminium Industries's highest Quick Ratio was 27.94. The lowest was 0.83. And the median was 1.27.
BOM:531979's Quick Ratio is ranked better than 51.6% of 2632
companies
in the Metals & Mining industry
Industry Median: 2.315
vs BOM:531979: 2.44
Hind Aluminium Industries (BOM:531979) 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.
Hind Aluminium Industries Quick Ratio Related Terms
Hind Aluminium Industries Quick Ratio Historical Data
* 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 Aluminum subindustry, Hind Aluminium 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.
Hind Aluminium Industries Quick Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hind Aluminium Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Hind Aluminium Industries'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.
Hind Aluminium Industries'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.
Hind Aluminium Industries (BOM:531979) has a Quick Ratio of 2.44 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hind Aluminium Industries and its competitors. This is 92% above median its historical median of 1.27. Over the past decade, Hind Aluminium Industries' Quick Ratio has ranged from 0.83 to 27.94. According to the industry distribution chart, Hind Aluminium Industries ranks #1274 out of 2632 companies in the Metals & Mining industry, placing it in the top 48.4%.
Is Hind Aluminium Industries' Quick Ratio too high?
Hind Aluminium Industries' current Quick Ratio of 2.44 is 92% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 27.94. The Metals & Mining industry median Quick Ratio is 2.32. Hind Aluminium Industries' value of 2.44 is 5.4% above this industry median. Based on the distribution chart, Hind Aluminium Industries ranks #1274 out of 2632 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Hind Aluminium Industries has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hind Aluminium Industries' Quick Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Hind Aluminium Industries ranks #1274 out of 2632 companies for Quick Ratio. This puts Hind Aluminium Industries in the upper half of its industry. The industry median Quick Ratio is 2.32. Hind Aluminium Industries' value of 2.44 is 5.4% above this benchmark. Historically, Hind Aluminium Industries' own Quick Ratio has ranged from 0.83 to 27.94 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 2.32, Hind Aluminium Industries 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.32, based on 2,632 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. Hind Aluminium Industries's current Quick Ratio of 2.44 is 5.4% 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 Hind Aluminium Industries and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hind Aluminium Industries's current Quick Ratio is 2.44, which is 92% above median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hind Aluminium Industries stock overvalued right now?
Based on GuruFocus' analysis, Hind Aluminium Industries (BOM:531979) is currently considered Possible Value Trap. The stock's GF Value™ is ₹326.35, compared to a current price of ₹100.20 — trading 69.3% below its estimated fair value. The current Quick Ratio is 2.44, which is 92% above median its 10-year median of 1.27 and 5.4% above the Metals & Mining industry median of 2.32. Hind Aluminium Industries' overall GF Score™ is 49/100 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 Hind Aluminium Industries (BOM:531979), the current Quick Ratio is 2.44 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 Hind Aluminium Industries (BOM:531979) Overvalued in 2026?
Based on GuruFocus' analysis, Hind Aluminium Industries stock appears to be undervalued.
The current stock price of ₹100.20 is trading 69.3% below its estimated GF Value™ of ₹326.35.
GuruFocus considers Hind Aluminium Industries to be Possible Value Trap.
Key valuation signals for BOM:531979:
Quick Ratio: 2.44 (92% above median its 10-year median of 1.27)
GF Value™: ₹326.35 vs. price of ₹100.20 (69.3% below fair value)
Industry Position: 5.4% above the Metals & Mining median (#1274 of 2632)
No single metric tells the full story. See the BOM:531979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hind Aluminium Industries Ltd is the manufacturer of aluminium electrical conductor wire rods and aluminium conductors. Principally, it is engaged in product up-gradation, design, and new product development. The company's segment includes Aluminium products and Power. It also comprises of two businesses namely aluminium and wind and solar power generation. The company manufactures aluminum wire rods, alloy rods, all aluminum conductors, all aluminum alloy conductors, aluminum conductor alloy reinforced, aluminum conductor steel reinforced, aluminum alloy conductor steel reinforced. It has over two wind turbine generators and four solar power plants in India.
49GF Score
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