Citichem India (BOM:544324) Quick Ratio: 1.17 (As of Mar. 2026) — 109% 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:544324 Citichem India Ltd BOM:544324
31 GF Score
Price ₹17.00
! 9 Warning Signs
View Full Analysis

What is Citichem India Quick Ratio?

Citichem India BOM:544324 31 Quick Ratio is 1.17 as of Mar. 2026, which is 109% above its 10-year median of 0.56. GuruFocus rates BOM:544324 with a GF Score™ of 31/100. The stock has 9 warning signs investors should review. Among 1,605 Chemicals companies, Citichem India ranks worse than 57.2% 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. Citichem India's quick ratio for the quarter that ended in Mar. 2026 was 1.17.

Citichem India has a quick ratio of 1.17. It generally indicates good short-term financial strength.

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

BOM:544324' s Quick Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.56   Max: 1.17
Current: 1.17

During the past 6 years, Citichem India's highest Quick Ratio was 1.17. The lowest was 0.48. And the median was 0.56.

BOM:544324's Quick Ratio is ranked worse than
57.2% of 1605 companies
in the Chemicals industry
Industry Median: 1.38 vs BOM:544324: 1.17

Citichem India  (BOM:544324) 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.


Citichem India Quick Ratio Related Terms


Citichem India Quick Ratio Historical Data

* Premium members only.

The historical data trend for Citichem 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.

Citichem India Quick Ratio Chart

Citichem India Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 0.59 0.48 0.52 1.14 1.17

Citichem India Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.52 0.00 1.14 1.08 1.17

BOM:544324 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Citichem 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.


Citichem India Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Citichem India's Quick Ratio distribution charts can be found below:

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


BOM:544324
31GF Score
Citichem India Ltd BOM:544324
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Citichem 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.

Citichem 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
=(460.509-66.46)/336.839
=1.17

Citichem 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
=(460.509-66.46)/336.839
=1.17

* 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 1.17 mean?
Citichem India (BOM:544324) has a Quick Ratio of 1.17 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Citichem India and its competitors. This is 109% above median its historical median of 0.56. Over the past decade, Citichem India's Quick Ratio has ranged from 0.48 to 1.17. According to the industry distribution chart, Citichem India ranks #918 out of 1605 companies in the Chemicals industry, placing it in the top 57.2%.
Is Citichem India's Quick Ratio too high?
Citichem India's current Quick Ratio of 1.17 is 109% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 1.17. The Chemicals industry median Quick Ratio is 1.38. Citichem India's value of 1.17 is 15.2% below this industry median. Based on the distribution chart, Citichem India ranks #918 out of 1605 companies in the Chemicals industry, which is below the industry midpoint. Overall, Citichem India has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Citichem India's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Citichem India ranks #918 out of 1605 companies for Quick Ratio. This places Citichem India in the lower half of its industry. The industry median Quick Ratio is 1.38. Citichem India's value of 1.17 is 15.2% below this benchmark. Historically, Citichem India's own Quick Ratio has ranged from 0.48 to 1.17 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 1.38, Citichem 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 a Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,605 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. Citichem India's current Quick Ratio of 1.17 is 15.2% 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 Citichem India and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citichem India's current Quick Ratio is 1.17, which is 109% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citichem India stock overvalued right now?
Citichem India (BOM:544324) has a current Quick Ratio of 1.17. The current Quick Ratio is 1.17, which is 109% above median its 10-year median of 0.56 and 15.2% below the Chemicals industry median of 1.38. Citichem India's overall GF Score™ is 31/100 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 Citichem India (BOM:544324), the current Quick Ratio is 1.17 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.

Citichem India Business Description

Address 135 Kazi Sayed Street, 512, 5th Floor, Yogeshwar Premises Co-Op Society Ltd, Masjid Bunder West, Mumbai, MH, IND, 400003
Citichem India Ltd is engaged in the buying, procuring, and supplying of organic and inorganic chemicals, and food chemicals. The company is also engaged in recycling plastic waste. The products of the company include caustic soda flakes, caustic SDA lye, soda ash light, acetic acid, monosodium glutamate, and others. The Company also supplies food preventives and chemicals under its brand name.
31GF Score

Get the complete analysis for BOM:544324

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

₹17.00
Price