Avro India (NSE:AVROIND) Quick Ratio: 3.59 (As of Mar. 2026) — 139% Above Median


NSE:AVROIND Avro India Ltd NSE:AVROIND
76 GF Score
Price ₹10.59
GF Value ₹12.60
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Avro India Quick Ratio?

Avro India NSE:AVROIND +4.13% 76 Quick Ratio is 3.59 as of Mar. 2026, which is 139% above its 10-year median of 1.50. GuruFocus rates NSE:AVROIND with a GF Score™ of 76/100 and a GF Value™ of ₹12.60 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 437 Furnishings, Fixtures & Appliances companies, Avro India ranks better than 87.41% 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. Avro India's quick ratio for the quarter that ended in Mar. 2026 was 3.59.

Avro India has a quick ratio of 3.59. It generally indicates good short-term financial strength.

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

NSE:AVROIND' s Quick Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.5   Max: 3.59
Current: 3.59

During the past 13 years, Avro India's highest Quick Ratio was 3.59. The lowest was 0.84. And the median was 1.50.

NSE:AVROIND's Quick Ratio is ranked better than
87.41% of 437 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.27 vs NSE:AVROIND: 3.59

Avro India  (NSE:AVROIND) 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.


Avro India Quick Ratio Related Terms


Avro India Quick Ratio Historical Data

* Premium members only.

The historical data trend for Avro India'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.

Avro India Quick Ratio Chart

Avro India 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 1.29 1.46 1.23 2.77 3.59

Avro India 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 2.77 0.00 1.93 0.00 3.59

NSE:AVROIND vs SN, SGI, MHK: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Avro India'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.


Avro India Quick Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Avro India's Quick Ratio distribution charts can be found below:

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


NSE:AVROIND
76GF Score
Avro India Ltd NSE:AVROIND
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avro India 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.

Avro India'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
=(890.565-0)/248.285
=3.59

Avro India'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
=(890.565-0)/248.285
=3.59

* 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 3.59 mean?
Avro India (NSE:AVROIND) has a Quick Ratio of 3.59 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Avro India and its competitors. This is 139% above median its historical median of 1.50. Over the past decade, Avro India's Quick Ratio has ranged from 0.84 to 3.59. According to the industry distribution chart, Avro India ranks #55 out of 437 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12.6%.
Is Avro India's Quick Ratio too high?
Avro India's current Quick Ratio of 3.59 is 139% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 3.59. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Avro India's value of 3.59 is 182.7% above this industry median. Based on the distribution chart, Avro India ranks #55 out of 437 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Avro India has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avro India's Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Avro India ranks #55 out of 437 companies for Quick Ratio. This places Avro India in the top 13% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.27. Avro India's value of 3.59 is 182.7% above this benchmark. Historically, Avro India's own Quick Ratio has ranged from 0.84 to 3.59 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.27, Avro India 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 Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 437 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. Avro India's current Quick Ratio of 3.59 is 182.7% 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 Avro India and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avro India's current Quick Ratio is 3.59, which is 139% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avro India stock overvalued right now?
Based on GuruFocus' analysis, Avro India (NSE:AVROIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹12.60, compared to a current price of ₹10.59 — trading 16% below its estimated fair value. The current Quick Ratio is 3.59, which is 139% above median its 10-year median of 1.50 and 182.7% above the Furnishings, Fixtures & Appliances industry median of 1.27. Avro India's overall GF Score™ is 76/100 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 Avro India (NSE:AVROIND), the current Quick Ratio is 3.59 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 Avro India (NSE:AVROIND) Overvalued in 2026?

Based on GuruFocus' analysis, Avro India stock appears to be undervalued. The current stock price of ₹10.59 is trading 16% below its estimated GF Value™ of ₹12.60. GuruFocus considers Avro India to be Modestly Undervalued.

Key valuation signals for NSE:AVROIND:

  • Quick Ratio: 3.59 (139% above median its 10-year median of 1.50)
  • GF Value™: ₹12.60 vs. price of ₹10.59 (16% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 182.7% above the Furnishings, Fixtures & Appliances median (#55 of 437)

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


Avro India Business Description

Other Exchanges 543512:India
Address South of G. T. Road, A-7/36-39, Industrial Area, Electrosteel Casting Compound, Ghaziabad, UP, IND, 201009
Avro India Ltd is engaged in manufacturing and selling plastic molded furniture and granules. The firm manufactures products under the brand name Avon and Avro Furniture. The product portfolio of the company includes molded chairs, molded stools, molded tables, molded bay chairs, and baby desks. The products are sold in U.P, Punjab, Haryana, Delhi, Rajasthan, and across north India. Its products are used in Auditoriums, Schools, Colleges, Restaurants, Hotels, Homes, Gardens and others.
76GF Score

Get the complete analysis for NSE:AVROIND

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

₹10.59
Price
₹12.60
GF Value