Harshdeep Hortico (BOM:544105) Quick Ratio: 1.27 (As of Mar. 2026) — 32% Below Median

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BOM:544105 Harshdeep Hortico Ltd BOM:544105
20 GF Score
Price ₹83.26
! 2 Warning Signs
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What is Harshdeep Hortico Quick Ratio?

Harshdeep Hortico BOM:544105 -2.63% 20 Quick Ratio is 1.27 as of Mar. 2026, which is 32% below its 10-year median of 1.88. GuruFocus rates BOM:544105 with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 436 Furnishings, Fixtures & Appliances companies, Harshdeep Hortico ranks better than 50.92% 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. Harshdeep Hortico's quick ratio for the quarter that ended in Mar. 2026 was 1.27.

Harshdeep Hortico has a quick ratio of 1.27. It generally indicates good short-term financial strength.

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

BOM:544105' s Quick Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.88   Max: 32.6
Current: 1.27

During the past 6 years, Harshdeep Hortico's highest Quick Ratio was 32.60. The lowest was 1.13. And the median was 1.88.

BOM:544105's Quick Ratio is ranked better than
50.92% of 436 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.265 vs BOM:544105: 1.27

Harshdeep Hortico  (BOM:544105) 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.


Harshdeep Hortico Quick Ratio Related Terms


Harshdeep Hortico Quick Ratio Historical Data

* Premium members only.

The historical data trend for Harshdeep Hortico'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.

Harshdeep Hortico Quick Ratio Chart

Harshdeep Hortico Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 1.13 32.60 3.17 2.40 1.27

Harshdeep Hortico Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only 3.17 2.64 2.40 1.46 1.27

BOM:544105 vs SN, SGI, MHK: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Harshdeep Hortico'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.


Harshdeep Hortico Quick Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Harshdeep Hortico's Quick Ratio distribution charts can be found below:

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


BOM:544105
20GF Score
Harshdeep Hortico Ltd BOM:544105
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harshdeep Hortico 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.

Harshdeep Hortico'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
=(619.772-382.112)/187.5
=1.27

Harshdeep Hortico'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
=(619.772-382.112)/187.5
=1.27

* 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 1.27 mean?
Harshdeep Hortico (BOM:544105) has a Quick Ratio of 1.27 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Harshdeep Hortico and its competitors. This is 32% below median its historical median of 1.88. Over the past decade, Harshdeep Hortico's Quick Ratio has ranged from 1.13 to 32.60. According to the industry distribution chart, Harshdeep Hortico ranks #214 out of 436 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 49.1%.
Is Harshdeep Hortico's Quick Ratio too high?
Harshdeep Hortico's current Quick Ratio of 1.27 is 32% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 32.60. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Harshdeep Hortico's value of 1.27 is 0.4% above this industry median. Based on the distribution chart, Harshdeep Hortico ranks #214 out of 436 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Harshdeep Hortico has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Harshdeep Hortico's Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Harshdeep Hortico ranks #214 out of 436 companies for Quick Ratio. This puts Harshdeep Hortico in the upper half of its industry. The industry median Quick Ratio is 1.27. Harshdeep Hortico's value of 1.27 is 0.4% above this benchmark. Historically, Harshdeep Hortico's own Quick Ratio has ranged from 1.13 to 32.60 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.27, Harshdeep Hortico 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 Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 436 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. Harshdeep Hortico's current Quick Ratio of 1.27 is 0.4% 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 Harshdeep Hortico and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harshdeep Hortico's current Quick Ratio is 1.27, which is 32% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harshdeep Hortico stock overvalued right now?
Harshdeep Hortico (BOM:544105) has a current Quick Ratio of 1.27. The current Quick Ratio is 1.27, which is 32% below median its 10-year median of 1.88 and 0.4% above the Furnishings, Fixtures & Appliances industry median of 1.27. Harshdeep Hortico's overall GF Score™ is 20/100 with 2 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 Harshdeep Hortico (BOM:544105), the current Quick Ratio is 1.27 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.

Harshdeep Hortico Business Description

Address Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwandi, Thane, MH, IND, 421302
Harshdeep Hortico Ltd is engaged in the business of designing, developing, manufacturing, and supplying various types of pots and planters: plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco series Planters etc. along with related accessories like Garden Hose Pipe & Water Can and Roto Moulded Outdoor Furniture. Its portfolio comprises of wide array of synthetic planters such as Illuminated planters, Indoor Series, Grower Planter Series, and Eco Series.
20GF Score

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₹83.26
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