JTL Defence (BOM:537254) Quick Ratio: 1.55 (As of Mar. 2026) — 177% Above Median


BOM:537254 JTL Defence Ltd BOM:537254
45 GF Score
Price ₹615.90
GF Value ₹54.07
Valuation Significantly Overvalued
! 8 Warning Signs
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What is JTL Defence Quick Ratio?

JTL Defence BOM:537254 45 Quick Ratio is 1.55 as of Mar. 2026, which is 177% above its 10-year median of 0.56. GuruFocus rates BOM:537254 with a GF Score™ of 45/100 and a GF Value™ of ₹54.07 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,638 Metals & Mining companies, JTL Defence ranks worse than 59.02% 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. JTL Defence's quick ratio for the quarter that ended in Mar. 2026 was 1.55.

JTL Defence has a quick ratio of 1.55. It generally indicates good short-term financial strength.

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

BOM:537254' s Quick Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.56   Max: 1.55
Current: 1.55

During the past 13 years, JTL Defence's highest Quick Ratio was 1.55. The lowest was 0.11. And the median was 0.56.

BOM:537254's Quick Ratio is ranked worse than
59.02% of 2638 companies
in the Metals & Mining industry
Industry Median: 2.3 vs BOM:537254: 1.55

JTL Defence  (BOM:537254) 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.


JTL Defence Quick Ratio Related Terms


JTL Defence Quick Ratio Historical Data

* Premium members only.

The historical data trend for JTL Defence'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.

JTL Defence Quick Ratio Chart

JTL Defence 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 0.11 0.12 0.14 0.11 1.55

JTL Defence Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 0.11 0.00 0.12 1.55

BOM:537254 vs SCCO, FCX: Quick Ratio Comparison

For the Copper subindustry, JTL Defence'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.


JTL Defence Quick Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, JTL Defence's Quick Ratio distribution charts can be found below:

* The bar in red indicates where JTL Defence's Quick Ratio falls into.


BOM:537254
45GF Score
JTL Defence Ltd BOM:537254
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTL Defence 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.

JTL Defence'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
=(735.826-336.467)/257.606
=1.55

JTL Defence'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
=(735.826-336.467)/257.606
=1.55

* 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 1.55 mean?
JTL Defence (BOM:537254) has a Quick Ratio of 1.55 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on JTL Defence and its competitors. This is 177% above median its historical median of 0.56. Over the past decade, JTL Defence's Quick Ratio has ranged from 0.11 to 1.55. According to the industry distribution chart, JTL Defence ranks #1557 out of 2638 companies in the Metals & Mining industry, placing it in the top 59%.
Is JTL Defence's Quick Ratio too high?
JTL Defence's current Quick Ratio of 1.55 is 177% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.55. The Metals & Mining industry median Quick Ratio is 2.30. JTL Defence's value of 1.55 is 32.6% below this industry median. Based on the distribution chart, JTL Defence ranks #1557 out of 2638 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, JTL Defence has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's Quick Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, JTL Defence ranks #1557 out of 2638 companies for Quick Ratio. This places JTL Defence in the lower half of its industry. The industry median Quick Ratio is 2.30. JTL Defence's value of 1.55 is 32.6% below this benchmark. Historically, JTL Defence's own Quick Ratio has ranged from 0.11 to 1.55 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 2.30, JTL Defence 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 Metals & Mining company?
The median Quick Ratio among Metals & Mining companies is 2.30, based on 2,638 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. JTL Defence's current Quick Ratio of 1.55 is 32.6% 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 JTL Defence and its competitors. For the Metals & Mining industry, the median Quick Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTL Defence's current Quick Ratio is 1.55, which is 177% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹54.07, compared to a current price of ₹615.90 — trading 1039.1% above its estimated fair value. The current Quick Ratio is 1.55, which is 177% above median its 10-year median of 0.56 and 32.6% below the Metals & Mining industry median of 2.30. JTL Defence's overall GF Score™ is 45/100 with 8 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 JTL Defence (BOM:537254), the current Quick Ratio is 1.55 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 JTL Defence (BOM:537254) Overvalued in 2026?

Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued. The current stock price of ₹615.90 is trading 1039.1% above its estimated GF Value™ of ₹54.07. GuruFocus considers JTL Defence to be Significantly Overvalued.

Key valuation signals for BOM:537254:

  • Quick Ratio: 1.55 (177% above median its 10-year median of 0.56)
  • GF Value™: ₹54.07 vs. price of ₹615.90 (1039.1% above fair value)
  • GF Score™: 45/100 with 8 warning signs
  • Industry Position: 32.6% below the Metals & Mining median (#1557 of 2638)

No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTL Defence Business Description

Address Asaf Ali Road, 1/10-B, First Floor, MPL No-VIII / 3428, Munshi Niketan Building, Central Delhi, Delhi, IND, 110002
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
45GF Score

Get the complete analysis for BOM:537254

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

₹615.90
Price
₹54.07
GF Value