Narmadesh Brass Industries (BOM:544680) Quick Ratio: 1.43 (As of Mar. 2026) — 113% Above Median

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BOM:544680 Narmadesh Brass Industries Ltd BOM:544680
14 GF Score
Price ₹309.75
! 4 Warning Signs
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What is Narmadesh Brass Industries Quick Ratio?

Narmadesh Brass Industries BOM:544680 14 Quick Ratio is 1.43 as of Mar. 2026, which is 113% above its 10-year median of 0.67. GuruFocus rates BOM:544680 with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 3,076 Industrial Products companies, Narmadesh Brass Industries ranks better than 52.15% 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. Narmadesh Brass Industries's quick ratio for the quarter that ended in Mar. 2026 was 1.43.

Narmadesh Brass Industries has a quick ratio of 1.43. It generally indicates good short-term financial strength.

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

BOM:544680' s Quick Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.67   Max: 1.43
Current: 1.43

During the past 4 years, Narmadesh Brass Industries's highest Quick Ratio was 1.43. The lowest was 0.32. And the median was 0.67.

BOM:544680's Quick Ratio is ranked better than
52.15% of 3076 companies
in the Industrial Products industry
Industry Median: 1.39 vs BOM:544680: 1.43

Narmadesh Brass Industries  (BOM:544680) 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.


Narmadesh Brass Industries Quick Ratio Related Terms


Narmadesh Brass Industries Quick Ratio Historical Data

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The historical data trend for Narmadesh Brass 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.

Narmadesh Brass Industries Quick Ratio Chart

Narmadesh Brass Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.32 0.66 0.68 1.43

Narmadesh Brass Industries Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Quick Ratio 0.32 0.66 0.68 0.87 1.43

BOM:544680 vs CRS, ATI, MLI: Quick Ratio Comparison

For the Metal Fabrication subindustry, Narmadesh Brass 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.


Narmadesh Brass Industries Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Narmadesh Brass Industries's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Narmadesh Brass Industries's Quick Ratio falls into.


BOM:544680
14GF Score
Narmadesh Brass Industries Ltd BOM:544680
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmadesh Brass 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.

Narmadesh Brass 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
=(600.487-326.2)/192.078
=1.43

Narmadesh Brass 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
=(600.487-326.2)/192.078
=1.43

* 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 1.43 mean?
Narmadesh Brass Industries (BOM:544680) has a Quick Ratio of 1.43 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Narmadesh Brass Industries and its competitors. This is 113% above median its historical median of 0.67. Over the past decade, Narmadesh Brass Industries' Quick Ratio has ranged from 0.32 to 1.43. According to the industry distribution chart, Narmadesh Brass Industries ranks #1472 out of 3076 companies in the Industrial Products industry, placing it in the top 47.9%.
Is Narmadesh Brass Industries' Quick Ratio too high?
Narmadesh Brass Industries' current Quick Ratio of 1.43 is 113% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.43. The Industrial Products industry median Quick Ratio is 1.39. Narmadesh Brass Industries' value of 1.43 is 2.9% above this industry median. Based on the distribution chart, Narmadesh Brass Industries ranks #1472 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Narmadesh Brass Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Narmadesh Brass Industries' Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Narmadesh Brass Industries ranks #1472 out of 3076 companies for Quick Ratio. This puts Narmadesh Brass Industries in the upper half of its industry. The industry median Quick Ratio is 1.39. Narmadesh Brass Industries' value of 1.43 is 2.9% above this benchmark. Historically, Narmadesh Brass Industries' own Quick Ratio has ranged from 0.32 to 1.43 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.39, Narmadesh Brass 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,076 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. Narmadesh Brass Industries's current Quick Ratio of 1.43 is 2.9% 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 Narmadesh Brass Industries and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmadesh Brass Industries's current Quick Ratio is 1.43, which is 113% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmadesh Brass Industries stock overvalued right now?
Narmadesh Brass Industries (BOM:544680) has a current Quick Ratio of 1.43. The current Quick Ratio is 1.43, which is 113% above median its 10-year median of 0.67 and 2.9% above the Industrial Products industry median of 1.39. Narmadesh Brass Industries' overall GF Score™ is 14/100 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 Narmadesh Brass Industries (BOM:544680), the current Quick Ratio is 1.43 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.

Narmadesh Brass Industries Business Description

Address Jamnagar - Lalpur Road, Plot No. 5, 8 & 9, Survey No. 433, Shree Ganesh Industrial Hub, Changa Village, Jamnagar, GJ, IND, 361 012
Narmadesh Brass Industries Ltd is engaged in manufacturing a diverse range of brass products catering to both domestic and international markets. It also offers casting and forging services related to brass components. Its product offering includes brass rods, brass billets, agricultural sprayer parts, garden fittings, ball valves, non-return valves (NRVs), turning components and plumbing fittings, sanitary fittings, brass compression fittings etc. The company is operating in a single business segment i.e. Manufacturing and trading of Brass items. The company derives a substantial portion of revenue from the sale of its products, with the majority generated from the sale of Brass Rods.
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