India Nippon ElectricalsBOM:532240 +5.52%90 Quick Ratio is 2.05 as of Mar. 2026, which is 12% below its 10-year median of 2.34. GuruFocus rates BOM:532240 with a GF Score™ of 90/100 and a GF Value™ of ₹955.87 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,332 Vehicles & Parts companies, India Nippon Electricals ranks better than 81.31% on this metric.
India Nippon Electricals has a quick ratio of 2.05. It generally indicates good short-term financial strength.
The historical rank and industry rank for India Nippon Electricals's Quick Ratio or its related term are showing as below:
BOM:532240'
s Quick Ratio Range Over the Past 10 Years
Min: 1.99 Med: 2.34 Max: 2.86
Current: 2.05
During the past 13 years, India Nippon Electricals's highest Quick Ratio was 2.86. The lowest was 1.99. And the median was 2.34.
BOM:532240's Quick Ratio is ranked better than 81.31% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 1.06
vs BOM:532240: 2.05
India Nippon Electricals (BOM:532240) 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.
India Nippon Electricals Quick Ratio Related Terms
India Nippon Electricals 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 Auto Parts subindustry, India Nippon Electricals'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.
India Nippon Electricals Quick Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, India Nippon Electricals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where India Nippon Electricals'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.
India Nippon Electricals'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.
India Nippon Electricals (BOM:532240) has a Quick Ratio of 2.05 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on India Nippon Electricals and its competitors. This is 12% below median its historical median of 2.34. Over the past decade, India Nippon Electricals' Quick Ratio has ranged from 1.99 to 2.86. According to the industry distribution chart, India Nippon Electricals ranks #249 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 18.7%.
Is India Nippon Electricals' Quick Ratio too high?
India Nippon Electricals' current Quick Ratio of 2.05 is 12% below median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 2.86. The Vehicles & Parts industry median Quick Ratio is 1.06. India Nippon Electricals' value of 2.05 is 93.4% above this industry median. Based on the distribution chart, India Nippon Electricals ranks #249 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, India Nippon Electricals has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Nippon Electricals' Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, India Nippon Electricals ranks #249 out of 1332 companies for Quick Ratio. This places India Nippon Electricals in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.06. India Nippon Electricals' value of 2.05 is 93.4% above this benchmark. Historically, India Nippon Electricals' own Quick Ratio has ranged from 1.99 to 2.86 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 1.06, India Nippon Electricals 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,332 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. India Nippon Electricals's current Quick Ratio of 2.05 is 93.4% 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 India Nippon Electricals and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Nippon Electricals's current Quick Ratio is 2.05, which is 12% below median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Nippon Electricals stock overvalued right now?
Based on GuruFocus' analysis, India Nippon Electricals (BOM:532240) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹955.87, compared to a current price of ₹1,168.70 — trading 22.3% above its estimated fair value. The current Quick Ratio is 2.05, which is 12% below median its 10-year median of 2.34 and 93.4% above the Vehicles & Parts industry median of 1.06. India Nippon Electricals' overall GF Score™ is 90/100 with 4 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 India Nippon Electricals (BOM:532240), the current Quick Ratio is 2.05 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 India Nippon Electricals (BOM:532240) Overvalued in 2026?
Based on GuruFocus' analysis, India Nippon Electricals stock appears to be overvalued.
The current stock price of ₹1,168.70 is trading 22.3% above its estimated GF Value™ of ₹955.87.
GuruFocus considers India Nippon Electricals to be Modestly Overvalued.
Key valuation signals for BOM:532240:
Quick Ratio: 2.05 (12% below median its 10-year median of 2.34)
GF Value™: ₹955.87 vs. price of ₹1,168.70 (22.3% above fair value)
Industry Position: 93.4% above the Vehicles & Parts median (#249 of 1332)
No single metric tells the full story. See the BOM:532240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
India Nippon Electricals Ltd is an India-based company that engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, rotor products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of its revenue from India.
90GF Score
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