Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Incredible IndustriesBOM:538365 76 Quick Ratio is 2.20 as of Mar. 2026, which is 20% above its 10-year median of 1.83. GuruFocus rates BOM:538365 with a GF Score™ of 76/100 and a GF Value™ of ₹45.43 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 634 Steel companies, Incredible Industries ranks better than 76.97% on this metric.
Incredible Industries has a quick ratio of 2.20. It generally indicates good short-term financial strength.
The historical rank and industry rank for Incredible Industries's Quick Ratio or its related term are showing as below:
BOM:538365'
s Quick Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.83 Max: 2.46
Current: 2.2
During the past 13 years, Incredible Industries's highest Quick Ratio was 2.46. The lowest was 0.86. And the median was 1.83.
BOM:538365's Quick Ratio is ranked better than 76.97% of 634
companies
in the Steel industry
Industry Median: 1.02
vs BOM:538365: 2.20
Incredible Industries (BOM:538365) 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.
Incredible Industries Quick Ratio Related Terms
Incredible Industries Quick Ratio Historical Data
* Premium members only.
The historical data trend for Incredible Industries'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:538365 vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Incredible 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.
Incredible Industries Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Incredible Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Incredible 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.
Incredible 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.
Incredible Industries (BOM:538365) has a Quick Ratio of 2.20 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Incredible Industries and its competitors. This is 20% above median its historical median of 1.83. Over the past decade, Incredible Industries' Quick Ratio has ranged from 0.86 to 2.46. According to the industry distribution chart, Incredible Industries ranks #146 out of 634 companies in the Steel industry, placing it in the top 23%.
Is Incredible Industries' Quick Ratio too high?
Incredible Industries' current Quick Ratio of 2.20 is 20% above median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 2.46. The Steel industry median Quick Ratio is 1.02. Incredible Industries' value of 2.20 is 115.7% above this industry median. Based on the distribution chart, Incredible Industries ranks #146 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Incredible Industries has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Incredible Industries' Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Incredible Industries ranks #146 out of 634 companies for Quick Ratio. This places Incredible Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Incredible Industries' value of 2.20 is 115.7% above this benchmark. Historically, Incredible Industries' own Quick Ratio has ranged from 0.86 to 2.46 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 1.02, Incredible 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. Incredible Industries's current Quick Ratio of 2.20 is 115.7% 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 Incredible Industries and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Incredible Industries's current Quick Ratio is 2.20, which is 20% above median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incredible Industries stock overvalued right now?
Based on GuruFocus' analysis, Incredible Industries (BOM:538365) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹45.43, compared to a current price of ₹34.29 — trading 24.5% below its estimated fair value. The current Quick Ratio is 2.20, which is 20% above median its 10-year median of 1.83 and 115.7% above the Steel industry median of 1.02. Incredible Industries' overall GF Score™ is 76/100 with 2 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 Incredible Industries (BOM:538365), the current Quick Ratio is 2.20 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 Incredible Industries (BOM:538365) Overvalued in 2026?
Based on GuruFocus' analysis, Incredible Industries stock appears to be undervalued.
The current stock price of ₹34.29 is trading 24.5% below its estimated GF Value™ of ₹45.43.
GuruFocus considers Incredible Industries to be Modestly Undervalued.
Key valuation signals for BOM:538365:
Quick Ratio: 2.20 (20% above median its 10-year median of 1.83)
GF Value™: ₹45.43 vs. price of ₹34.29 (24.5% below fair value)
Industry Position: 115.7% above the Steel median (#146 of 634)
No single metric tells the full story. See the BOM:538365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Incredible Industries Ltd is engaged in the manufacturing and sale of iron and steel-related rolled products. It is engaged in the production of wire rods, H.B wire rods, and thermomechanically treated(TMT) bars which are mainly used in the construction and infrastructure as well as in the manufacturing units. The firm operates through the iron and steel products segment.
76GF Score
Get the complete analysis for BOM:538365
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:538365 has been successfully added to your 
