Solar Industries India (BOM:532725) Quick Ratio: 1.35 (As of Mar. 2026) — 35% Above Median

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BOM:532725 Solar Industries India Ltd BOM:532725
95 GF Score
Price ₹18,460.65
GF Value ₹17,152.47
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Solar Industries India Quick Ratio?

Solar Industries India BOM:532725 +0.37% 95 Quick Ratio is 1.35 as of Mar. 2026, which is 35% above its 10-year median of 1.00. GuruFocus rates BOM:532725 with a GF Score™ of 95/100 and a GF Value™ of ₹17,152.47 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,606 Chemicals companies, Solar Industries India ranks worse than 50.68% 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. Solar Industries India's quick ratio for the quarter that ended in Mar. 2026 was 1.35.

Solar Industries India has a quick ratio of 1.35. It generally indicates good short-term financial strength.

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

BOM:532725' s Quick Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1   Max: 1.46
Current: 1.35

During the past 13 years, Solar Industries India's highest Quick Ratio was 1.46. The lowest was 0.84. And the median was 1.00.

BOM:532725's Quick Ratio is ranked worse than
50.68% of 1606 companies
in the Chemicals industry
Industry Median: 1.375 vs BOM:532725: 1.35

Solar Industries India  (BOM:532725) 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.


Solar Industries India Quick Ratio Related Terms


Solar Industries India Quick Ratio Historical Data

* Premium members only.

The historical data trend for Solar Industries India'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.

Solar Industries India Quick Ratio Chart

Solar Industries India 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 0.84 0.86 1.20 1.46 1.35

Solar Industries India 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 1.46 0.00 1.24 0.00 1.35

BOM:532725 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Solar Industries India'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.


Solar Industries India Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Industries India's Quick Ratio distribution charts can be found below:

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


BOM:532725
95GF Score
Solar Industries India Ltd BOM:532725
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solar Industries India 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.

Solar Industries India'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
=(50374.6-17418.6)/24488.9
=1.35

Solar Industries India'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
=(50374.6-17418.6)/24488.9
=1.35

* 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 1.35 mean?
Solar Industries India (BOM:532725) has a Quick Ratio of 1.35 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Solar Industries India and its competitors. This is 35% above median its historical median of 1.00. Over the past decade, Solar Industries India's Quick Ratio has ranged from 0.84 to 1.46. According to the industry distribution chart, Solar Industries India ranks #814 out of 1606 companies in the Chemicals industry, placing it in the top 50.7%.
Is Solar Industries India's Quick Ratio too high?
Solar Industries India's current Quick Ratio of 1.35 is 35% above median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.46. The Chemicals industry median Quick Ratio is 1.38. Solar Industries India's value of 1.35 is 1.8% below this industry median. Based on the distribution chart, Solar Industries India ranks #814 out of 1606 companies in the Chemicals industry, which is below the industry midpoint. Overall, Solar Industries India has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Solar Industries India ranks #814 out of 1606 companies for Quick Ratio. This places Solar Industries India in the lower half of its industry. The industry median Quick Ratio is 1.38. Solar Industries India's value of 1.35 is 1.8% below this benchmark. Historically, Solar Industries India's own Quick Ratio has ranged from 0.84 to 1.46 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.38, Solar Industries India 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,606 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. Solar Industries India's current Quick Ratio of 1.35 is 1.8% 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 Solar Industries India and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Industries India's current Quick Ratio is 1.35, which is 35% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (BOM:532725) is currently considered Fairly Valued. The stock's GF Value™ is ₹17,152.47, compared to a current price of ₹18,460.65 — trading 7.6% above its estimated fair value. The current Quick Ratio is 1.35, which is 35% above median its 10-year median of 1.00 and 1.8% below the Chemicals industry median of 1.38. Solar Industries India's overall GF Score™ is 95/100 with 6 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 Solar Industries India (BOM:532725), the current Quick Ratio is 1.35 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 Solar Industries India (BOM:532725) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Industries India stock appears to be overvalued. The current stock price of ₹18,460.65 is trading 7.6% above its estimated GF Value™ of ₹17,152.47. GuruFocus considers Solar Industries India to be Fairly Valued.

Key valuation signals for BOM:532725:

  • Quick Ratio: 1.35 (35% above median its 10-year median of 1.00)
  • GF Value™: ₹17,152.47 vs. price of ₹18,460.65 (7.6% above fair value)
  • GF Score™: 95/100 with 6 warning signs
  • Industry Position: 1.8% below the Chemicals median (#814 of 1606)

No single metric tells the full story. See the BOM:532725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solar Industries India Business Description

Other Exchanges SOLARINDS:India
Address Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
95GF Score

Get the complete analysis for BOM:532725

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

₹18,460.65
Price
₹17,152.47
GF Value