Ashoka Buildcon (NSE:ASHOKA) Quick Ratio: 2.13 (As of Mar. 2026) — 129% Above Median


NSE:ASHOKA Ashoka Buildcon Ltd NSE:ASHOKA
82 GF Score
Price ₹132.18
GF Value ₹150.74
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Ashoka Buildcon Quick Ratio?

Ashoka Buildcon NSE:ASHOKA +0.88% 82 Quick Ratio is 2.13 as of Mar. 2026, which is 129% above its 10-year median of 0.93. GuruFocus rates NSE:ASHOKA with a GF Score™ of 82/100 and a GF Value™ of ₹150.74 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,781 Construction companies, Ashoka Buildcon ranks better than 78.5% 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. Ashoka Buildcon's quick ratio for the quarter that ended in Mar. 2026 was 2.13.

Ashoka Buildcon has a quick ratio of 2.13. It generally indicates good short-term financial strength.

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

NSE:ASHOKA' s Quick Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.93   Max: 2.13
Current: 2.13

During the past 13 years, Ashoka Buildcon's highest Quick Ratio was 2.13. The lowest was 0.60. And the median was 0.93.

NSE:ASHOKA's Quick Ratio is ranked better than
78.5% of 1781 companies
in the Construction industry
Industry Median: 1.28 vs NSE:ASHOKA: 2.13

Ashoka Buildcon  (NSE:ASHOKA) 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.


Ashoka Buildcon Quick Ratio Related Terms


Ashoka Buildcon Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ashoka Buildcon'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.

Ashoka Buildcon Quick Ratio Chart

Ashoka Buildcon 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 1.07 1.10 1.13 1.19 2.13

Ashoka Buildcon 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 1.19 0.00 1.25 0.00 2.13

NSE:ASHOKA vs PWR, FIX, EME: Quick Ratio Comparison

For the Engineering & Construction subindustry, Ashoka Buildcon'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.


Ashoka Buildcon Quick Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ashoka Buildcon's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ashoka Buildcon's Quick Ratio falls into.


NSE:ASHOKA
82GF Score
Ashoka Buildcon Ltd NSE:ASHOKA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashoka Buildcon 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.

Ashoka Buildcon'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
=(101424.039-4403.997)/45571.985
=2.13

Ashoka Buildcon'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
=(101424.039-4403.997)/45571.985
=2.13

* 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 2.13 mean?
Ashoka Buildcon (NSE:ASHOKA) has a Quick Ratio of 2.13 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ashoka Buildcon and its competitors. This is 129% above median its historical median of 0.93. Over the past decade, Ashoka Buildcon's Quick Ratio has ranged from 0.60 to 2.13. According to the industry distribution chart, Ashoka Buildcon ranks #383 out of 1781 companies in the Construction industry, placing it in the top 21.5%.
Is Ashoka Buildcon's Quick Ratio too high?
Ashoka Buildcon's current Quick Ratio of 2.13 is 129% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.13. The Construction industry median Quick Ratio is 1.28. Ashoka Buildcon's value of 2.13 is 66.4% above this industry median. Based on the distribution chart, Ashoka Buildcon ranks #383 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ashoka Buildcon has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Buildcon's Quick Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Ashoka Buildcon ranks #383 out of 1781 companies for Quick Ratio. This places Ashoka Buildcon in the top 22% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.28. Ashoka Buildcon's value of 2.13 is 66.4% above this benchmark. Historically, Ashoka Buildcon's own Quick Ratio has ranged from 0.60 to 2.13 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.28, Ashoka Buildcon 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 Construction company?
The median Quick Ratio among Construction companies is 1.28, based on 1,781 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. Ashoka Buildcon's current Quick Ratio of 2.13 is 66.4% 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 Ashoka Buildcon and its competitors. For the Construction industry, the median Quick Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Buildcon's current Quick Ratio is 2.13, which is 129% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Buildcon stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Buildcon (NSE:ASHOKA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹150.74, compared to a current price of ₹132.18 — trading 12.3% below its estimated fair value. The current Quick Ratio is 2.13, which is 129% above median its 10-year median of 0.93 and 66.4% above the Construction industry median of 1.28. Ashoka Buildcon's overall GF Score™ is 82/100 with 7 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 Ashoka Buildcon (NSE:ASHOKA), the current Quick Ratio is 2.13 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 Ashoka Buildcon (NSE:ASHOKA) Overvalued in 2026?

Based on GuruFocus' analysis, Ashoka Buildcon stock appears to be undervalued. The current stock price of ₹132.18 is trading 12.3% below its estimated GF Value™ of ₹150.74. GuruFocus considers Ashoka Buildcon to be Modestly Undervalued.

Key valuation signals for NSE:ASHOKA:

  • Quick Ratio: 2.13 (129% above median its 10-year median of 0.93)
  • GF Value™: ₹150.74 vs. price of ₹132.18 (12.3% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 66.4% above the Construction median (#383 of 1781)

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


Ashoka Buildcon Business Description

Other Exchanges 533271:India
Address Ashoka Marg, Survey No 861, Ashoka House, Vadala, Nashik, MH, IND, 422011
Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities, which includes engineering, procurement, and construction of infrastructure projects; Build, Operate, and Transfer, which involves annuity-based infrastructure development under BOT and annuity models; and Sale of Goods, which mainly consists of the sale of construction materials, including RMC and real estate. The company operates across India, with the majority of its revenue generated from construction and contract-related activities.
82GF Score

Get the complete analysis for NSE:ASHOKA

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

₹132.18
Price
₹150.74
GF Value