Inducto SteelBOM:532001 62 Quick Ratio is 0.43 as of Mar. 2026, which is 48% below its 10-year median of 0.83. GuruFocus rates BOM:532001 with a GF Score™ of 62/100 and a GF Value™ of ₹77.10 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 246 Waste Management companies, Inducto Steel ranks worse than 93.5% 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. Inducto Steel's quick ratio for the quarter that ended in Mar. 2026 was 0.43.
Inducto Steel has a quick ratio of 0.43. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Inducto Steel's Quick Ratio or its related term are showing as below:
BOM:532001'
s Quick Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.83 Max: 15.44
Current: 0.43
During the past 13 years, Inducto Steel's highest Quick Ratio was 15.44. The lowest was 0.16. And the median was 0.83.
BOM:532001's Quick Ratio is ranked worse than 93.5% of 246
companies
in the Waste Management industry
Industry Median: 1.405
vs BOM:532001: 0.43
Inducto Steel (BOM:532001) 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.
Inducto Steel Quick Ratio Related Terms
Inducto Steel Quick Ratio Historical Data
* Premium members only.
The historical data trend for Inducto Steel'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:532001 vs WM, RSG, WCN: Quick Ratio Comparison
For the Waste Management subindustry, Inducto Steel'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.
Inducto Steel Quick Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Inducto Steel's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Inducto Steel'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.
Inducto Steel'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.
Inducto Steel (BOM:532001) has a Quick Ratio of 0.43 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Inducto Steel and its competitors. This is 48% below median its historical median of 0.83. Over the past decade, Inducto Steel's Quick Ratio has ranged from 0.16 to 15.44. According to the industry distribution chart, Inducto Steel ranks #230 out of 246 companies in the Waste Management industry, placing it in the top 93.5%.
Is Inducto Steel's Quick Ratio too high?
Inducto Steel's current Quick Ratio of 0.43 is 48% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 15.44. The Waste Management industry median Quick Ratio is 1.41. Inducto Steel's value of 0.43 is 69.4% below this industry median. Based on the distribution chart, Inducto Steel ranks #230 out of 246 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Inducto Steel has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inducto Steel's Quick Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Inducto Steel ranks #230 out of 246 companies for Quick Ratio. This places Inducto Steel in the lower half of its industry. The industry median Quick Ratio is 1.41. Inducto Steel's value of 0.43 is 69.4% below this benchmark. Historically, Inducto Steel's own Quick Ratio has ranged from 0.16 to 15.44 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.41, Inducto Steel 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 Waste Management company?
The median Quick Ratio among Waste Management companies is 1.41, based on 246 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. Inducto Steel's current Quick Ratio of 0.43 is 69.4% 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 Inducto Steel and its competitors. For the Waste Management industry, the median Quick Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inducto Steel's current Quick Ratio is 0.43, which is 48% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inducto Steel stock overvalued right now?
Based on GuruFocus' analysis, Inducto Steel (BOM:532001) is currently considered Possible Value Trap. The stock's GF Value™ is ₹77.10, compared to a current price of ₹52.50 — trading 31.9% below its estimated fair value. The current Quick Ratio is 0.43, which is 48% below median its 10-year median of 0.83 and 69.4% below the Waste Management industry median of 1.41. Inducto Steel's overall GF Score™ is 62/100 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 Inducto Steel (BOM:532001), the current Quick Ratio is 0.43 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 Inducto Steel (BOM:532001) Overvalued in 2026?
Based on GuruFocus' analysis, Inducto Steel stock appears to be undervalued.
The current stock price of ₹52.50 is trading 31.9% below its estimated GF Value™ of ₹77.10.
GuruFocus considers Inducto Steel to be Possible Value Trap.
Key valuation signals for BOM:532001:
Quick Ratio: 0.43 (48% below median its 10-year median of 0.83)
GF Value™: ₹77.10 vs. price of ₹52.50 (31.9% below fair value)
Industry Position: 69.4% below the Waste Management median (#230 of 246)
No single metric tells the full story. See the BOM:532001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inducto Steel Ltd is a company that operates in ship breaking business and trading activities in metal scrap, coals, aluminum foil & other inputs. The activities of the group function through Mumbai in trading and investments and via Bhavnagar in the shipbreaking and trading segments. The Trading engages in the business of trading in metal scrap, coals, graphite electrodes, and other industrial inputs. Ship Breaking includes dismantling or breaking old and used ships. The company's geographic segment includes Mumbai and Bhavnagar. The company generates the majority of its revenue from Bhavnagar.
62GF Score
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