Sprayking (BOM:540079) Quick Ratio: 1.62 (As of Mar. 2026) — 84% Above Median


BOM:540079 Sprayking Ltd BOM:540079
67 GF Score
Price ₹1.28
GF Value ₹6.99
Valuation Possible Value Trap
! 7 Warning Signs
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What is Sprayking Quick Ratio?

Sprayking BOM:540079 +0.79% 67 Quick Ratio is 1.62 as of Mar. 2026, which is 84% above its 10-year median of 0.88. GuruFocus rates BOM:540079 with a GF Score™ of 67/100 and a GF Value™ of ₹6.99 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 3,072 Industrial Products companies, Sprayking ranks better than 59.24% 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. Sprayking's quick ratio for the quarter that ended in Mar. 2026 was 1.62.

Sprayking has a quick ratio of 1.62. It generally indicates good short-term financial strength.

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

BOM:540079' s Quick Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.88   Max: 10.7
Current: 1.62

During the past 13 years, Sprayking's highest Quick Ratio was 10.70. The lowest was 0.57. And the median was 0.88.

BOM:540079's Quick Ratio is ranked better than
59.24% of 3072 companies
in the Industrial Products industry
Industry Median: 1.39 vs BOM:540079: 1.62

Sprayking  (BOM:540079) 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.


Sprayking Quick Ratio Related Terms


Sprayking Quick Ratio Historical Data

* Premium members only.

The historical data trend for Sprayking'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.

Sprayking Quick Ratio Chart

Sprayking 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 4.29 10.70 0.88 0.83 1.62

Sprayking Quarterly Data
Sep20 Mar21 Sep21 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 0.83 0.00 0.57 0.00 1.62

BOM:540079 vs CRS, ATI, MLI: Quick Ratio Comparison

For the Metal Fabrication subindustry, Sprayking'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.


Sprayking Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sprayking's Quick Ratio distribution charts can be found below:

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


BOM:540079
67GF Score
Sprayking Ltd BOM:540079
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sprayking 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.

Sprayking'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
=(888.989-429.018)/284.635
=1.62

Sprayking'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
=(888.989-429.018)/284.635
=1.62

* 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 1.62 mean?
Sprayking (BOM:540079) has a Quick Ratio of 1.62 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sprayking and its competitors. This is 84% above median its historical median of 0.88. Over the past decade, Sprayking's Quick Ratio has ranged from 0.57 to 10.70. According to the industry distribution chart, Sprayking ranks #1252 out of 3072 companies in the Industrial Products industry, placing it in the top 40.8%.
Is Sprayking's Quick Ratio too high?
Sprayking's current Quick Ratio of 1.62 is 84% above median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 10.70. The Industrial Products industry median Quick Ratio is 1.39. Sprayking's value of 1.62 is 16.5% above this industry median. Based on the distribution chart, Sprayking ranks #1252 out of 3072 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sprayking has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sprayking's Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Sprayking ranks #1252 out of 3072 companies for Quick Ratio. This puts Sprayking in the upper half of its industry. The industry median Quick Ratio is 1.39. Sprayking's value of 1.62 is 16.5% above this benchmark. Historically, Sprayking's own Quick Ratio has ranged from 0.57 to 10.70 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.39, Sprayking 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,072 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. Sprayking's current Quick Ratio of 1.62 is 16.5% 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 Sprayking and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sprayking's current Quick Ratio is 1.62, which is 84% above median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sprayking stock overvalued right now?
Based on GuruFocus' analysis, Sprayking (BOM:540079) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6.99, compared to a current price of ₹1.28 — trading 81.7% below its estimated fair value. The current Quick Ratio is 1.62, which is 84% above median its 10-year median of 0.88 and 16.5% above the Industrial Products industry median of 1.39. Sprayking's overall GF Score™ is 67/100 with 7 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 Sprayking (BOM:540079), the current Quick Ratio is 1.62 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 Sprayking (BOM:540079) Overvalued in 2026?

Based on GuruFocus' analysis, Sprayking stock appears to be undervalued. The current stock price of ₹1.28 is trading 81.7% below its estimated GF Value™ of ₹6.99. GuruFocus considers Sprayking to be Possible Value Trap.

Key valuation signals for BOM:540079:

  • Quick Ratio: 1.62 (84% above median its 10-year median of 0.88)
  • GF Value™: ₹6.99 vs. price of ₹1.28 (81.7% below fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 16.5% above the Industrial Products median (#1252 of 3072)

No single metric tells the full story. See the BOM:540079 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sprayking Business Description

Address Plot No. 4009 & 4010, GIDC, Phase III, Dared, Jamnagar, GJ, IND, 361004
Sprayking Ltd formerly Sprayking Agro Equipment Ltd is a Brass Parts Manufacturing company. It is engaged in the manufacturing of brass agro equipment and brass plumbing components. It provides Casting of non-ferrous metals. Its products include Agricultural Parts, Plumbing Fittings, Flare, Compression Fittings, and many more.
67GF Score

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

₹1.28
Price
₹6.99
GF Value