INOX India (BOM:544046) Quick Ratio: 1.23 (As of Mar. 2026) — 14% Above Median


BOM:544046 INOX India Ltd BOM:544046
49 GF Score
Price ₹1,977.95
! 9 Warning Signs
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What is INOX India Quick Ratio?

INOX India BOM:544046 -1.36% 49 Quick Ratio is 1.23 as of Mar. 2026, which is 14% above its 10-year median of 1.08. GuruFocus rates BOM:544046 with a GF Score™ of 49/100. The stock has 9 warning signs investors should review. Among 3,069 Industrial Products companies, INOX India ranks worse than 57.48% 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. INOX India's quick ratio for the quarter that ended in Mar. 2026 was 1.23.

INOX India has a quick ratio of 1.23. It generally indicates good short-term financial strength.

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

BOM:544046' s Quick Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.08   Max: 1.27
Current: 1.23

During the past 6 years, INOX India's highest Quick Ratio was 1.27. The lowest was 0.93. And the median was 1.08.

BOM:544046's Quick Ratio is ranked worse than
57.48% of 3069 companies
in the Industrial Products industry
Industry Median: 1.39 vs BOM:544046: 1.23

INOX India  (BOM:544046) 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.


INOX India Quick Ratio Related Terms


INOX India Quick Ratio Historical Data

* Premium members only.

The historical data trend for INOX India'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.

INOX India Quick Ratio Chart

INOX India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 1.13 0.96 0.93 1.02 1.23

INOX India Quarterly Data
Mar21 Mar22 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 1.02 0.00 1.02 0.00 1.23

BOM:544046 vs GEV, ETN, PH: Quick Ratio Comparison

For the Specialty Industrial Machinery subindustry, INOX India'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.


INOX India Quick Ratio vs Industrial Products Industry

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

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


BOM:544046
49GF Score
INOX India Ltd BOM:544046
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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INOX India 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.

INOX India'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
=(15546.089-4781.82)/8748.168
=1.23

INOX India'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
=(15546.089-4781.82)/8748.168
=1.23

* 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 1.23 mean?
INOX India (BOM:544046) has a Quick Ratio of 1.23 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on INOX India and its competitors. This is 14% above median its historical median of 1.08. Over the past decade, INOX India's Quick Ratio has ranged from 0.93 to 1.27. According to the industry distribution chart, INOX India ranks #1764 out of 3069 companies in the Industrial Products industry, placing it in the top 57.5%.
Is INOX India's Quick Ratio too high?
INOX India's current Quick Ratio of 1.23 is 14% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 1.27. The Industrial Products industry median Quick Ratio is 1.39. INOX India's value of 1.23 is 11.5% below this industry median. Based on the distribution chart, INOX India ranks #1764 out of 3069 companies in the Industrial Products industry, which is below the industry midpoint. Overall, INOX India has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does INOX India's Quick Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, INOX India ranks #1764 out of 3069 companies for Quick Ratio. This places INOX India in the lower half of its industry. The industry median Quick Ratio is 1.39. INOX India's value of 1.23 is 11.5% below this benchmark. Historically, INOX India's own Quick Ratio has ranged from 0.93 to 1.27 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.39, INOX India has consistently been below 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 3,069 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. INOX India's current Quick Ratio of 1.23 is 11.5% below 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 INOX India 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. INOX India's current Quick Ratio is 1.23, which is 14% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX India stock overvalued right now?
INOX India (BOM:544046) has a current Quick Ratio of 1.23. The current Quick Ratio is 1.23, which is 14% above median its 10-year median of 1.08 and 11.5% below the Industrial Products industry median of 1.39. INOX India's overall GF Score™ is 49/100 with 9 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 INOX India (BOM:544046), the current Quick Ratio is 1.23 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.

INOX India Business Description

Other Exchanges INOXINDIA:India
Address Race Course, 9th Floor, K P Platina, Vadodara, GJ, IND, 390007
INOX India Ltd is a manufacturer of cryogenic equipment and cryogenic tanks. The company's products include standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large turnkey projects which are used in diverse industries such as industrial gases, liquified natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and construction. The company generates revenue from India, Korea, France, Japan, Saudi Arabia, and other regions.
49GF Score

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

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