Deep Industries (BOM:543288) Quick Ratio: 2.39 (As of Mar. 2026) — 15% Below Median

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BOM:543288 Deep Industries Ltd BOM:543288
82 GF Score
Price ₹462.80
GF Value ₹662.45
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Deep Industries Quick Ratio?

Deep Industries BOM:543288 -0.55% 82 Quick Ratio is 2.39 as of Mar. 2026, which is 15% below its 10-year median of 2.82. GuruFocus rates BOM:543288 with a GF Score™ of 82/100 and a GF Value™ of ₹662.45 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,012 Oil & Gas companies, Deep Industries ranks better than 77.37% 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. Deep Industries's quick ratio for the quarter that ended in Mar. 2026 was 2.39.

Deep Industries has a quick ratio of 2.39. It generally indicates good short-term financial strength.

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

BOM:543288' s Quick Ratio Range Over the Past 10 Years
Min: 1.74   Med: 2.82   Max: 4.27
Current: 2.39

During the past 9 years, Deep Industries's highest Quick Ratio was 4.27. The lowest was 1.74. And the median was 2.82.

BOM:543288's Quick Ratio is ranked better than
77.37% of 1012 companies
in the Oil & Gas industry
Industry Median: 1.11 vs BOM:543288: 2.39

Deep Industries  (BOM:543288) 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.


Deep Industries Quick Ratio Related Terms


Deep Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Deep 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.

Deep Industries Quick Ratio Chart

Deep Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 3.98 4.27 2.82 2.81 2.39

Deep Industries 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 2.81 0.00 2.61 0.00 2.39

BOM:543288 vs COP, EOG, FANG: Quick Ratio Comparison

For the Oil & Gas E&P subindustry, Deep 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.


Deep Industries Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Deep Industries's Quick Ratio distribution charts can be found below:

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


BOM:543288
82GF Score
Deep Industries Ltd BOM:543288
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deep Industries 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.

Deep Industries'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
=(8413.819-942.814)/3129.18
=2.39

Deep Industries'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
=(8413.819-942.814)/3129.18
=2.39

* 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 2.39 mean?
Deep Industries (BOM:543288) has a Quick Ratio of 2.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Deep Industries and its competitors. This is 15% below median its historical median of 2.82. Over the past decade, Deep Industries' Quick Ratio has ranged from 1.74 to 4.27. According to the industry distribution chart, Deep Industries ranks #229 out of 1012 companies in the Oil & Gas industry, placing it in the top 22.6%.
Is Deep Industries' Quick Ratio too high?
Deep Industries' current Quick Ratio of 2.39 is 15% below median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 4.27. The Oil & Gas industry median Quick Ratio is 1.11. Deep Industries' value of 2.39 is 115.3% above this industry median. Based on the distribution chart, Deep Industries ranks #229 out of 1012 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Deep Industries has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deep Industries' Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Deep Industries ranks #229 out of 1012 companies for Quick Ratio. This places Deep Industries in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Deep Industries' value of 2.39 is 115.3% above this benchmark. Historically, Deep Industries' own Quick Ratio has ranged from 1.74 to 4.27 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 1.11, Deep 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 an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,012 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. Deep Industries's current Quick Ratio of 2.39 is 115.3% 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 Deep Industries and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deep Industries's current Quick Ratio is 2.39, which is 15% below median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deep Industries stock overvalued right now?
Based on GuruFocus' analysis, Deep Industries (BOM:543288) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹662.45, compared to a current price of ₹462.80 — trading 30.1% below its estimated fair value. The current Quick Ratio is 2.39, which is 15% below median its 10-year median of 2.82 and 115.3% above the Oil & Gas industry median of 1.11. Deep Industries' overall GF Score™ is 82/100 with 1 warning sign 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 Deep Industries (BOM:543288), the current Quick Ratio is 2.39 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 Deep Industries (BOM:543288) Overvalued in 2026?

Based on GuruFocus' analysis, Deep Industries stock appears to be undervalued. The current stock price of ₹462.80 is trading 30.1% below its estimated GF Value™ of ₹662.45. GuruFocus considers Deep Industries to be Significantly Undervalued.

Key valuation signals for BOM:543288:

  • Quick Ratio: 2.39 (15% below median its 10-year median of 2.82)
  • GF Value™: ₹662.45 vs. price of ₹462.80 (30.1% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 115.3% above the Oil & Gas median (#229 of 1012)

No single metric tells the full story. See the BOM:543288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deep Industries Business Description

Industry EnergyOil & Gas
Other Exchanges DEEPINDS:India
Address Ambli Bopal Road, 12A & 14, Abhishree Corporate Park, Ambli, Ahmedabad, GJ, IND, 380058
Deep Industries Ltd is a diversified oil & gas company. It holds interest in air and gas compression, gas dehydration, workover, drilling, and oil and gas exploration and production. It is the natural gas compression services provider in India and has also diversified into providing work-over and drilling services to exploration and production players through its fleet of rigs. Its Oil and Gas industry is typically split into three segments mainly Upstream, Midstream, and Downstream.
82GF Score

Get the complete analysis for BOM:543288

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

₹462.80
Price
₹662.45
GF Value