Riddhiorate Services (BOM:540590) Quick Ratio: 2.06 (As of Mar. 2026) — 73% Above Median


BOM:540590 Riddhi Corporate Services Ltd BOM:540590
78 GF Score
Price ₹59.00
GF Value ₹174.52
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Riddhiorate Services Quick Ratio?

Riddhiorate Services BOM:540590 -0.46% 78 Quick Ratio is 2.06 as of Mar. 2026, which is 73% above its 10-year median of 1.19. GuruFocus rates BOM:540590 with a GF Score™ of 78/100 and a GF Value™ of ₹174.52 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,092 Business Services companies, Riddhiorate Services ranks better than 62.27% 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. Riddhiorate Services's quick ratio for the quarter that ended in Mar. 2026 was 2.06.

Riddhiorate Services has a quick ratio of 2.06. It generally indicates good short-term financial strength.

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

BOM:540590' s Quick Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.19   Max: 2.06
Current: 2.06

During the past 10 years, Riddhiorate Services's highest Quick Ratio was 2.06. The lowest was 0.70. And the median was 1.19.

BOM:540590's Quick Ratio is ranked better than
62.27% of 1092 companies
in the Business Services industry
Industry Median: 1.67 vs BOM:540590: 2.06

Riddhiorate Services  (BOM:540590) 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.


Riddhiorate Services Quick Ratio Related Terms


Riddhiorate Services Quick Ratio Historical Data

* Premium members only.

The historical data trend for Riddhiorate Services'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.

Riddhiorate Services Quick Ratio Chart

Riddhiorate Services 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 0.77 0.88 1.77 1.76 2.06

Riddhiorate Services 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 1.76 0.00 1.74 0.00 2.06

BOM:540590 vs CTAS, CPRT, ULS: Quick Ratio Comparison

For the Specialty Business Services subindustry, Riddhiorate Services'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.


Riddhiorate Services Quick Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Riddhiorate Services's Quick Ratio distribution charts can be found below:

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


BOM:540590
78GF Score
Riddhi Corporate Services Ltd BOM:540590
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Riddhiorate Services 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.

Riddhiorate Services'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
=(1298.999-0)/630.493
=2.06

Riddhiorate Services'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
=(1298.999-0)/630.493
=2.06

* 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 2.06 mean?
Riddhiorate Services (BOM:540590) has a Quick Ratio of 2.06 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Riddhiorate Services and its competitors. This is 73% above median its historical median of 1.19. Over the past decade, Riddhiorate Services' Quick Ratio has ranged from 0.70 to 2.06. According to the industry distribution chart, Riddhiorate Services ranks #412 out of 1092 companies in the Business Services industry, placing it in the top 37.7%.
Is Riddhiorate Services' Quick Ratio too high?
Riddhiorate Services' current Quick Ratio of 2.06 is 73% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.06. The Business Services industry median Quick Ratio is 1.67. Riddhiorate Services' value of 2.06 is 23.4% above this industry median. Based on the distribution chart, Riddhiorate Services ranks #412 out of 1092 companies in the Business Services industry, which is above the industry midpoint. Overall, Riddhiorate Services has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Riddhiorate Services' Quick Ratio compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Riddhiorate Services ranks #412 out of 1092 companies for Quick Ratio. This puts Riddhiorate Services in the upper half of its industry. The industry median Quick Ratio is 1.67. Riddhiorate Services' value of 2.06 is 23.4% above this benchmark. Historically, Riddhiorate Services' own Quick Ratio has ranged from 0.70 to 2.06 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 1.67, Riddhiorate Services 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 Business Services company?
The median Quick Ratio among Business Services companies is 1.67, based on 1,092 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. Riddhiorate Services's current Quick Ratio of 2.06 is 23.4% 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 Riddhiorate Services and its competitors. For the Business Services industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riddhiorate Services's current Quick Ratio is 2.06, which is 73% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhiorate Services stock overvalued right now?
Based on GuruFocus' analysis, Riddhiorate Services (BOM:540590) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹174.52, compared to a current price of ₹59.00 — trading 66.2% below its estimated fair value. The current Quick Ratio is 2.06, which is 73% above median its 10-year median of 1.19 and 23.4% above the Business Services industry median of 1.67. Riddhiorate Services' overall GF Score™ is 78/100 with 3 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 Riddhiorate Services (BOM:540590), the current Quick Ratio is 2.06 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 Riddhiorate Services (BOM:540590) Overvalued in 2026?

Based on GuruFocus' analysis, Riddhiorate Services stock appears to be undervalued. The current stock price of ₹59.00 is trading 66.2% below its estimated GF Value™ of ₹174.52. GuruFocus considers Riddhiorate Services to be Significantly Undervalued.

Key valuation signals for BOM:540590:

  • Quick Ratio: 2.06 (73% above median its 10-year median of 1.19)
  • GF Value™: ₹174.52 vs. price of ₹59.00 (66.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 23.4% above the Business Services median (#412 of 1092)

No single metric tells the full story. See the BOM:540590 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riddhiorate Services Business Description

Address Ashram Road, 10, Mill Officers Colony, Behind Old RBI, Opposite Times Of India, Ahmedabad, GJ, IND, 380009
Riddhi Corporate Services Ltd is engaged in data processing, hosting, and related activities. Its other activities include document management and digitization, contact centre, warehousing, address verification, data entry services, and software development. The company serves Telecom, Banking, NBFC, and IT sectors.
78GF Score

Get the complete analysis for BOM:540590

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

₹59.00
Price
₹174.52
GF Value