Shlokka Dyes (BOM:544582) Quick Ratio: 2.32 (As of Mar. 2026) — 155% Above Median

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BOM:544582 Shlokka Dyes Ltd BOM:544582
16 GF Score
Price ₹22.20
! 9 Warning Signs
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What is Shlokka Dyes Quick Ratio?

Shlokka Dyes BOM:544582 -4.15% 16 Quick Ratio is 2.32 as of Mar. 2026, which is 155% above its 10-year median of 0.91. GuruFocus rates BOM:544582 with a GF Score™ of 16/100. The stock has 9 warning signs investors should review. Among 1,605 Chemicals companies, Shlokka Dyes ranks better than 73.46% 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. Shlokka Dyes's quick ratio for the quarter that ended in Mar. 2026 was 2.32.

Shlokka Dyes has a quick ratio of 2.32. It generally indicates good short-term financial strength.

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

BOM:544582' s Quick Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.91   Max: 2.32
Current: 2.32

During the past 4 years, Shlokka Dyes's highest Quick Ratio was 2.32. The lowest was 0.49. And the median was 0.91.

BOM:544582's Quick Ratio is ranked better than
73.46% of 1605 companies
in the Chemicals industry
Industry Median: 1.38 vs BOM:544582: 2.32

Shlokka Dyes  (BOM:544582) 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.


Shlokka Dyes Quick Ratio Related Terms


Shlokka Dyes Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shlokka Dyes'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.

Shlokka Dyes Quick Ratio Chart

Shlokka Dyes Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.49 0.89 0.93 2.32

Shlokka Dyes Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Quick Ratio 0.49 0.89 0.93 2.32

BOM:544582 vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Shlokka Dyes'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.


Shlokka Dyes Quick Ratio vs Chemicals Industry

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

* The bar in red indicates where Shlokka Dyes's Quick Ratio falls into.


BOM:544582
16GF Score
Shlokka Dyes Ltd BOM:544582
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shlokka Dyes 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.

Shlokka Dyes'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
=(1117.504-296.269)/354.079
=2.32

Shlokka Dyes'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
=(1117.504-296.269)/354.079
=2.32

* 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 2.32 mean?
Shlokka Dyes (BOM:544582) has a Quick Ratio of 2.32 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shlokka Dyes and its competitors. This is 155% above median its historical median of 0.91. Over the past decade, Shlokka Dyes' Quick Ratio has ranged from 0.49 to 2.32. According to the industry distribution chart, Shlokka Dyes ranks #426 out of 1605 companies in the Chemicals industry, placing it in the top 26.5%.
Is Shlokka Dyes' Quick Ratio too high?
Shlokka Dyes' current Quick Ratio of 2.32 is 155% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 2.32. The Chemicals industry median Quick Ratio is 1.38. Shlokka Dyes' value of 2.32 is 68.1% above this industry median. Based on the distribution chart, Shlokka Dyes ranks #426 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shlokka Dyes has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shlokka Dyes' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shlokka Dyes ranks #426 out of 1605 companies for Quick Ratio. This puts Shlokka Dyes in the upper half of its industry. The industry median Quick Ratio is 1.38. Shlokka Dyes' value of 2.32 is 68.1% above this benchmark. Historically, Shlokka Dyes' own Quick Ratio has ranged from 0.49 to 2.32 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.38, Shlokka Dyes 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 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. Shlokka Dyes's current Quick Ratio of 2.32 is 68.1% 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 Shlokka Dyes 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. Shlokka Dyes's current Quick Ratio is 2.32, which is 155% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shlokka Dyes stock overvalued right now?
Shlokka Dyes (BOM:544582) has a current Quick Ratio of 2.32. The current Quick Ratio is 2.32, which is 155% above median its 10-year median of 0.91 and 68.1% above the Chemicals industry median of 1.38. Shlokka Dyes' overall GF Score™ is 16/100 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 Shlokka Dyes (BOM:544582), the current Quick Ratio is 2.32 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.

Shlokka Dyes Business Description

Address Shed No C/42/1, GIDC Estate Near Fire Station, Opposite Ambika Nagar, Ahmedabad, GJ, IND, 382415
Shlokka Dyes Ltd is is engaged in the business of manufacturing of Reactive Dyes, a category of Synthetic Organic Dyes extensively utilized in the textile industry. Its diverse portfolio of dyes, including Direct Dyes, Basic Dyes, Vat Dyes, Digital Printing Dyes, and Paper Dyes etc., catering to wide range of industries such as textiles, leather, paper, and paints etc., the company's Reactive Dyes are available in primary colors such as black, blue, red, orange, and yellow, along with numerous variants of these shades, each identified by an internationally recognized Color Index Number.
16GF Score

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₹22.20
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