Niks Technology (BOM:543282) Quick Ratio: 34.39 (As of Mar. 2026) — 2010% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:543282 Niks Technology Ltd BOM:543282
84 GF Score
Price ₹276.50
GF Value ₹420.14
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Niks Technology Quick Ratio?

Niks Technology BOM:543282 84 Quick Ratio is 34.39 as of Mar. 2026, which is 2010% above its 10-year median of 1.63. GuruFocus rates BOM:543282 with a GF Score™ of 84/100 and a GF Value™ of ₹420.14 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,876 Software companies, Niks Technology ranks better than 99.3% 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. Niks Technology's quick ratio for the quarter that ended in Mar. 2026 was 34.39.

Niks Technology has a quick ratio of 34.39. It generally indicates good short-term financial strength.

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

BOM:543282' s Quick Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.63   Max: 34.39
Current: 34.39

During the past 9 years, Niks Technology's highest Quick Ratio was 34.39. The lowest was 0.43. And the median was 1.63.

BOM:543282's Quick Ratio is ranked better than
99.3% of 2876 companies
in the Software industry
Industry Median: 1.7 vs BOM:543282: 34.39

Niks Technology  (BOM:543282) 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.


Niks Technology Quick Ratio Related Terms


Niks Technology Quick Ratio Historical Data

* Premium members only.

The historical data trend for Niks Technology'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.

Niks Technology Quick Ratio Chart

Niks Technology Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 1.63 1.01 3.85 31.73 34.39

Niks Technology Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 3.85 8.83 31.73 28.22 34.39

BOM:543282 vs IBM, ACN, FISV: Quick Ratio Comparison

For the Information Technology Services subindustry, Niks Technology'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.


Niks Technology Quick Ratio vs Software Industry

For the Software industry and Technology sector, Niks Technology's Quick Ratio distribution charts can be found below:

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


BOM:543282
84GF Score
Niks Technology Ltd BOM:543282
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niks Technology 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.

Niks Technology'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
=(62.852-5.976)/1.654
=34.39

Niks Technology'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
=(62.852-5.976)/1.654
=34.39

* 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 34.39 mean?
Niks Technology (BOM:543282) has a Quick Ratio of 34.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Niks Technology and its competitors. This is 2010% above median its historical median of 1.63. Over the past decade, Niks Technology's Quick Ratio has ranged from 0.43 to 34.39. According to the industry distribution chart, Niks Technology ranks #20 out of 2876 companies in the Software industry, placing it in the top 0.7%.
Is Niks Technology's Quick Ratio too high?
Niks Technology's current Quick Ratio of 34.39 is 2010% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 34.39. The Software industry median Quick Ratio is 1.70. Niks Technology's value of 34.39 is 1922.9% above this industry median. Based on the distribution chart, Niks Technology ranks #20 out of 2876 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Niks Technology has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Niks Technology's Quick Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Niks Technology ranks #20 out of 2876 companies for Quick Ratio. This places Niks Technology in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.70. Niks Technology's value of 34.39 is 1922.9% above this benchmark. Historically, Niks Technology's own Quick Ratio has ranged from 0.43 to 34.39 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.70, Niks Technology 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 Software company?
The median Quick Ratio among Software companies is 1.70, based on 2,876 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. Niks Technology's current Quick Ratio of 34.39 is 1922.9% 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 Niks Technology and its competitors. For the Software industry, the median Quick Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niks Technology's current Quick Ratio is 34.39, which is 2010% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niks Technology stock overvalued right now?
Based on GuruFocus' analysis, Niks Technology (BOM:543282) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹420.14, compared to a current price of ₹276.50 — trading 34.2% below its estimated fair value. The current Quick Ratio is 34.39, which is 2010% above median its 10-year median of 1.63 and 1922.9% above the Software industry median of 1.70. Niks Technology's overall GF Score™ is 84/100 with 4 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 Niks Technology (BOM:543282), the current Quick Ratio is 34.39 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 Niks Technology (BOM:543282) Overvalued in 2026?

Based on GuruFocus' analysis, Niks Technology stock appears to be undervalued. The current stock price of ₹276.50 is trading 34.2% below its estimated GF Value™ of ₹420.14. GuruFocus considers Niks Technology to be Significantly Undervalued.

Key valuation signals for BOM:543282:

  • Quick Ratio: 34.39 (2010% above median its 10-year median of 1.63)
  • GF Value™: ₹420.14 vs. price of ₹276.50 (34.2% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 1922.9% above the Software median (#20 of 2876)

No single metric tells the full story. See the BOM:543282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niks Technology Business Description

Address Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020
Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.
84GF Score

Get the complete analysis for BOM:543282

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

₹276.50
Price
₹420.14
GF Value