Astron Multigrain (BOM:544628) Quick Ratio: 2.11 (As of Mar. 2026) — 189% Above Median

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BOM:544628 Astron Multigrain Ltd BOM:544628
18 GF Score
Price ₹17.13
! 4 Warning Signs
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What is Astron Multigrain Quick Ratio?

Astron Multigrain BOM:544628 -4.99% 18 Quick Ratio is 2.11 as of Mar. 2026, which is 189% above its 10-year median of 0.73. GuruFocus rates BOM:544628 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,993 Consumer Packaged Goods companies, Astron Multigrain ranks better than 75.31% 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. Astron Multigrain's quick ratio for the quarter that ended in Mar. 2026 was 2.11.

Astron Multigrain has a quick ratio of 2.11. It generally indicates good short-term financial strength.

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

BOM:544628' s Quick Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.73   Max: 2.11
Current: 2.11

During the past 4 years, Astron Multigrain's highest Quick Ratio was 2.11. The lowest was 0.29. And the median was 0.73.

BOM:544628's Quick Ratio is ranked better than
75.31% of 1993 companies
in the Consumer Packaged Goods industry
Industry Median: 1.11 vs BOM:544628: 2.11

Astron Multigrain  (BOM:544628) 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.


Astron Multigrain Quick Ratio Related Terms


Astron Multigrain Quick Ratio Historical Data

* Premium members only.

The historical data trend for Astron Multigrain'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.

Astron Multigrain Quick Ratio Chart

Astron Multigrain Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.29 0.61 0.85 2.11

Astron Multigrain Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Quick Ratio 0.29 0.61 0.85 2.11

BOM:544628 vs KHC, GIS: Quick Ratio Comparison

For the Packaged Foods subindustry, Astron Multigrain'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.


Astron Multigrain Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Astron Multigrain's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Astron Multigrain's Quick Ratio falls into.


BOM:544628
18GF Score
Astron Multigrain Ltd BOM:544628
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Astron Multigrain 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.

Astron Multigrain'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
=(242.806-53.443)/89.577
=2.11

Astron Multigrain'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
=(242.806-53.443)/89.577
=2.11

* 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 2.11 mean?
Astron Multigrain (BOM:544628) has a Quick Ratio of 2.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Astron Multigrain and its competitors. This is 189% above median its historical median of 0.73. Over the past decade, Astron Multigrain's Quick Ratio has ranged from 0.29 to 2.11. According to the industry distribution chart, Astron Multigrain ranks #492 out of 1993 companies in the Consumer Packaged Goods industry, placing it in the top 24.7%.
Is Astron Multigrain's Quick Ratio too high?
Astron Multigrain's current Quick Ratio of 2.11 is 189% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.11. The Consumer Packaged Goods industry median Quick Ratio is 1.11. Astron Multigrain's value of 2.11 is 90.1% above this industry median. Based on the distribution chart, Astron Multigrain ranks #492 out of 1993 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Astron Multigrain has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Astron Multigrain's Quick Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Astron Multigrain ranks #492 out of 1993 companies for Quick Ratio. This places Astron Multigrain in the top 25% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Astron Multigrain's value of 2.11 is 90.1% above this benchmark. Historically, Astron Multigrain's own Quick Ratio has ranged from 0.29 to 2.11 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 1.11, Astron Multigrain 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.11, based on 1,993 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. Astron Multigrain's current Quick Ratio of 2.11 is 90.1% 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 Astron Multigrain and its competitors. For the Consumer Packaged Goods 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. Astron Multigrain's current Quick Ratio is 2.11, which is 189% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Multigrain stock overvalued right now?
Astron Multigrain (BOM:544628) has a current Quick Ratio of 2.11. The current Quick Ratio is 2.11, which is 189% above median its 10-year median of 0.73 and 90.1% above the Consumer Packaged Goods industry median of 1.11. Astron Multigrain's overall GF Score™ is 18/100 with 4 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 Astron Multigrain (BOM:544628), the current Quick Ratio is 2.11 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.

Astron Multigrain Business Description

Address Plot No. 17 To 21, Near Ram Hotel, Chordi, Gondal, Rajkot, GJ, IND, 360311
Astron Multigrain Ltd is in the business of manufacturing of instant noodles. The company manufactures noodles on a contract manufacturing basis. It also manufactures noodles under its own brand, 'Astron's Swagy Noodles', available in one variant - Mast Masala (Classic flavour). The company is also engaged in the manufacturing of noodle bhujiya and papad. It operates in a single reportable business segment: manufacture and supply of Instant Noodles and other Ready to Eat/ Ready to Cook products to its customers across India. The majority of its revenue is derived from the manufacturing and sale of instant noodles.
18GF Score

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