India Cements (LUX:INC05) Quick Ratio: 0.54 (As of Mar. 2026) — 11% Below Median


LUX:INC05 India Cements Ltd LUX:INC05
59 GF Score
Price $7.10
GF Value $4.24
! 3 Warning Signs
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What is India Cements Quick Ratio?

India Cements LUX:INC05 59 Quick Ratio is 0.54 as of Mar. 2026, which is 11% below its 10-year median of 0.61. GuruFocus rates LUX:INC05 with a GF Score™ of 59/100 and a GF Value™ of $4.24. The stock has 3 warning signs investors should review. Among 407 Building Materials companies, India Cements ranks worse than 81.57% 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. India Cements's quick ratio for the quarter that ended in Mar. 2026 was 0.54.

India Cements has a quick ratio of 0.54. It indicates that the company cannot currently fully pay back its current liabilities.

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

LUX:INC05' s Quick Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.61   Max: 0.93
Current: 0.54

During the past 13 years, India Cements's highest Quick Ratio was 0.93. The lowest was 0.48. And the median was 0.61.

LUX:INC05's Quick Ratio is ranked worse than
81.57% of 407 companies
in the Building Materials industry
Industry Median: 1.03 vs LUX:INC05: 0.54

India Cements  (LUX:INC05) 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.


India Cements Quick Ratio Related Terms


India Cements Quick Ratio Historical Data

* Premium members only.

The historical data trend for India Cements'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.

India Cements Quick Ratio Chart

India Cements Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.93 0.77 0.92 0.54

India Cements Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.00 0.69 0.00 0.54

LUX:INC05 vs CRH, VMC, MLM: Quick Ratio Comparison

For the Building Materials subindustry, India Cements'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.


India Cements Quick Ratio vs Building Materials Industry

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

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


LUX:INC05
59GF Score
India Cements Ltd LUX:INC05
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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India Cements 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.

India Cements'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
=(170.705-79.103)/169.762
=0.54

India Cements'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
=(170.705-79.103)/169.762
=0.54

* 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 0.54 mean?
India Cements (LUX:INC05) has a Quick Ratio of 0.54 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on India Cements and its competitors. This is 11% below median its historical median of 0.61. Over the past decade, India Cements' Quick Ratio has ranged from 0.48 to 0.93. According to the industry distribution chart, India Cements ranks #332 out of 407 companies in the Building Materials industry, placing it in the top 81.6%.
Is India Cements' Quick Ratio too high?
India Cements' current Quick Ratio of 0.54 is 11% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 0.93. The Building Materials industry median Quick Ratio is 1.03. India Cements' value of 0.54 is 47.6% below this industry median. Based on the distribution chart, India Cements ranks #332 out of 407 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, India Cements has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does India Cements' Quick Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, India Cements ranks #332 out of 407 companies for Quick Ratio. This places India Cements in the lower half of its industry. The industry median Quick Ratio is 1.03. India Cements' value of 0.54 is 47.6% below this benchmark. Historically, India Cements' own Quick Ratio has ranged from 0.48 to 0.93 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.03, India Cements 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 Building Materials company?
The median Quick Ratio among Building Materials companies is 1.03, based on 407 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. India Cements's current Quick Ratio of 0.54 is 47.6% 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 India Cements and its competitors. For the Building Materials industry, the median Quick Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Cements's current Quick Ratio is 0.54, which is 11% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Cements stock overvalued right now?
India Cements (LUX:INC05) has a current Quick Ratio of 0.54. The stock's GF Value™ is $4.24, compared to a current price of $7.10 — trading 67.5% above its estimated fair value. The current Quick Ratio is 0.54, which is 11% below median its 10-year median of 0.61 and 47.6% below the Building Materials industry median of 1.03. India Cements' overall GF Score™ is 59/100 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 India Cements (LUX:INC05), the current Quick Ratio is 0.54 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.

Is India Cements (LUX:INC05) Overvalued in 2026?

Based on GuruFocus' analysis, India Cements stock appears to be overvalued. The current stock price of $7.10 is trading 67.5% above its estimated GF Value™ of $4.24.

Key valuation signals for LUX:INC05:

  • Quick Ratio: 0.54 (11% below median its 10-year median of 0.61)
  • GF Value™: $4.24 vs. price of $7.10 (67.5% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 47.6% below the Building Materials median (#332 of 407)

No single metric tells the full story. See the LUX:INC05 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Cements Business Description

Other Exchanges INDIACEM:India530005:India
Address 93, Santhome High Road, Karpagam Avenue, Coromandel Towers, R.A. Puram, Chennai, TN, IND, 600 028
India Cements Ltd is a cement manufacturing company. It is engaged in the manufacturing and sale of cement and cement-related products. Its brands include: Conkrete Super King; Coromandel King; Sankar Super Power; Raasi Gold; Halo Super King and others.
59GF Score

Get the complete analysis for LUX:INC05

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

$7.10
Price
$4.24
GF Value