Apollo Techno Industries (BOM:544671) Quick Ratio: 1.44 (As of Mar. 2026) — 73% Above Median

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BOM:544671 Apollo Techno Industries Ltd BOM:544671
29 GF Score
Price ₹81.19
! 3 Warning Signs
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What is Apollo Techno Industries Quick Ratio?

Apollo Techno Industries BOM:544671 -1.41% 29 Quick Ratio is 1.44 as of Mar. 2026, which is 73% above its 10-year median of 0.83. GuruFocus rates BOM:544671 with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 211 Farm & Heavy Construction Machinery companies, Apollo Techno Industries ranks better than 62.56% 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. Apollo Techno Industries's quick ratio for the quarter that ended in Mar. 2026 was 1.44.

Apollo Techno Industries has a quick ratio of 1.44. It generally indicates good short-term financial strength.

The historical rank and industry rank for Apollo Techno Industries's Quick Ratio or its related term are showing as below:

BOM:544671' s Quick Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.83   Max: 1.44
Current: 1.44

During the past 5 years, Apollo Techno Industries's highest Quick Ratio was 1.44. The lowest was 0.56. And the median was 0.83.

BOM:544671's Quick Ratio is ranked better than
62.56% of 211 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.18 vs BOM:544671: 1.44

Apollo Techno Industries  (BOM:544671) 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.


Apollo Techno Industries Quick Ratio Related Terms


Apollo Techno Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Apollo Techno Industries'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.

Apollo Techno Industries Quick Ratio Chart

Apollo Techno Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.92 0.83 0.62 0.56 1.44

Apollo Techno Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.83 0.62 0.62 0.56 1.44

BOM:544671 vs CAT, DE, PCAR: Quick Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, Apollo Techno Industries'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.


Apollo Techno Industries Quick Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Apollo Techno Industries's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Apollo Techno Industries's Quick Ratio falls into.


BOM:544671
29GF Score
Apollo Techno Industries Ltd BOM:544671
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Apollo Techno Industries 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.

Apollo Techno Industries'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
=(994.203-515.928)/331.075
=1.44

Apollo Techno Industries'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
=(994.203-515.928)/331.075
=1.44

* 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 1.44 mean?
Apollo Techno Industries (BOM:544671) has a Quick Ratio of 1.44 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Apollo Techno Industries and its competitors. This is 73% above median its historical median of 0.83. Over the past decade, Apollo Techno Industries' Quick Ratio has ranged from 0.56 to 1.44. According to the industry distribution chart, Apollo Techno Industries ranks #79 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 37.4%.
Is Apollo Techno Industries' Quick Ratio too high?
Apollo Techno Industries' current Quick Ratio of 1.44 is 73% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.44. The Farm & Heavy Construction Machinery industry median Quick Ratio is 1.18. Apollo Techno Industries' value of 1.44 is 22% above this industry median. Based on the distribution chart, Apollo Techno Industries ranks #79 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Apollo Techno Industries has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Apollo Techno Industries' Quick Ratio compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Apollo Techno Industries ranks #79 out of 211 companies for Quick Ratio. This puts Apollo Techno Industries in the upper half of its industry. The industry median Quick Ratio is 1.18. Apollo Techno Industries' value of 1.44 is 22% above this benchmark. Historically, Apollo Techno Industries' own Quick Ratio has ranged from 0.56 to 1.44 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.18, Apollo Techno Industries 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 Farm & Heavy Construction Machinery company?
The median Quick Ratio among Farm & Heavy Construction Machinery companies is 1.18, based on 211 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. Apollo Techno Industries's current Quick Ratio of 1.44 is 22% 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 Apollo Techno Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Quick Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Techno Industries's current Quick Ratio is 1.44, which is 73% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Techno Industries stock overvalued right now?
Apollo Techno Industries (BOM:544671) has a current Quick Ratio of 1.44. The current Quick Ratio is 1.44, which is 73% above median its 10-year median of 0.83 and 22% above the Farm & Heavy Construction Machinery industry median of 1.18. Apollo Techno Industries' overall GF Score™ is 29/100 with 3 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 Apollo Techno Industries (BOM:544671), the current Quick Ratio is 1.44 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.

Apollo Techno Industries Business Description

Address Ahmedabad - Mehsana Highway, Survey No. 60, Mandali, Mahesana, GJ, IND, 384455
Apollo Techno Industries Ltd is a manufacturer specializing in trenchless technology and foundation equipment for the construction industry. The company's product portfolio includes Horizontal Directional Drilling (HDD) rigs, diaphragm drilling rigs, rotary drilling rigs, and spare parts. It also provides warranties, on-site support, and technical training for its equipment. The company is principally engaged in a single business segment, namely heavy machinery, and derives the majority of its revenue from the sale of horizontal directional drilling (HDD) equipment. It operates in India and outside India, with the majority of its revenue generated from within India.
29GF Score

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₹81.19
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