Asahi India Glass (NSE:ASAHIINDIA) Quick Ratio: 0.68 (As of Mar. 2026) — 62% Above Median


NSE:ASAHIINDIA Asahi India Glass Ltd NSE:ASAHIINDIA
78 GF Score
Price ₹914.90
GF Value ₹748.14
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Asahi India Glass Quick Ratio?

Asahi India Glass NSE:ASAHIINDIA +2.62% 78 Quick Ratio is 0.68 as of Mar. 2026, which is 62% above its 10-year median of 0.42. GuruFocus rates NSE:ASAHIINDIA with a GF Score™ of 78/100 and a GF Value™ of ₹748.14 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Asahi India Glass ranks worse than 77.44% 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. Asahi India Glass's quick ratio for the quarter that ended in Mar. 2026 was 0.68.

Asahi India Glass has a quick ratio of 0.68. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:ASAHIINDIA' s Quick Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.42   Max: 0.68
Current: 0.68

During the past 13 years, Asahi India Glass's highest Quick Ratio was 0.68. The lowest was 0.31. And the median was 0.42.

NSE:ASAHIINDIA's Quick Ratio is ranked worse than
77.44% of 1334 companies
in the Vehicles & Parts industry
Industry Median: 1.06 vs NSE:ASAHIINDIA: 0.68

Asahi India Glass  (NSE:ASAHIINDIA) 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.


Asahi India Glass Quick Ratio Related Terms


Asahi India Glass Quick Ratio Historical Data

* Premium members only.

The historical data trend for Asahi India Glass'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.

Asahi India Glass Quick Ratio Chart

Asahi India Glass 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 0.47 0.44 0.44 0.48 0.68

Asahi India Glass 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 0.48 0.00 0.94 0.00 0.68

NSE:ASAHIINDIA vs ORLY, AZO: Quick Ratio Comparison

For the Auto Parts subindustry, Asahi India Glass'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.


Asahi India Glass Quick Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's Quick Ratio distribution charts can be found below:

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


NSE:ASAHIINDIA
78GF Score
Asahi India Glass Ltd NSE:ASAHIINDIA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi India Glass 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.

Asahi India Glass'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
=(23296.9-12265.8)/16315.5
=0.68

Asahi India Glass'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
=(23296.9-12265.8)/16315.5
=0.68

* 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 0.68 mean?
Asahi India Glass (NSE:ASAHIINDIA) has a Quick Ratio of 0.68 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Asahi India Glass and its competitors. This is 62% above median its historical median of 0.42. Over the past decade, Asahi India Glass' Quick Ratio has ranged from 0.31 to 0.68. According to the industry distribution chart, Asahi India Glass ranks #1033 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 77.4%.
Is Asahi India Glass' Quick Ratio too high?
Asahi India Glass' current Quick Ratio of 0.68 is 62% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.68. The Vehicles & Parts industry median Quick Ratio is 1.06. Asahi India Glass' value of 0.68 is 35.8% below this industry median. Based on the distribution chart, Asahi India Glass ranks #1033 out of 1334 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Asahi India Glass has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi India Glass' Quick Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi India Glass ranks #1033 out of 1334 companies for Quick Ratio. This places Asahi India Glass in the lower half of its industry. The industry median Quick Ratio is 1.06. Asahi India Glass' value of 0.68 is 35.8% below this benchmark. Historically, Asahi India Glass' own Quick Ratio has ranged from 0.31 to 0.68 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 1.06, Asahi India Glass 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 Vehicles & Parts company?
The median Quick Ratio among Vehicles & Parts companies is 1.06, based on 1,334 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. Asahi India Glass's current Quick Ratio of 0.68 is 35.8% 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 Asahi India Glass and its competitors. For the Vehicles & Parts industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi India Glass's current Quick Ratio is 0.68, which is 62% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi India Glass stock overvalued right now?
Based on GuruFocus' analysis, Asahi India Glass (NSE:ASAHIINDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹748.14, compared to a current price of ₹914.90 — trading 22.3% above its estimated fair value. The current Quick Ratio is 0.68, which is 62% above median its 10-year median of 0.42 and 35.8% below the Vehicles & Parts industry median of 1.06. Asahi India Glass' overall GF Score™ is 78/100 with 5 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 Asahi India Glass (NSE:ASAHIINDIA), the current Quick Ratio is 0.68 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 Asahi India Glass (NSE:ASAHIINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi India Glass stock appears to be overvalued. The current stock price of ₹914.90 is trading 22.3% above its estimated GF Value™ of ₹748.14. GuruFocus considers Asahi India Glass to be Modestly Overvalued.

Key valuation signals for NSE:ASAHIINDIA:

  • Quick Ratio: 0.68 (62% above median its 10-year median of 0.42)
  • GF Value™: ₹748.14 vs. price of ₹914.90 (22.3% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 35.8% below the Vehicles & Parts median (#1033 of 1334)

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


Asahi India Glass Business Description

Other Exchanges 515030:India
Address Mehrauli - Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.
78GF Score

Get the complete analysis for NSE:ASAHIINDIA

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

₹914.90
Price
₹748.14
GF Value