Bajel ProjectsNSE:BAJEL -1.16%11 Quick Ratio is 1.12 as of Mar. 2026, which is 9% below its 10-year median of 1.23. GuruFocus rates NSE:BAJEL with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 507 Utilities - Regulated companies, Bajel Projects ranks better than 57.2% 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. Bajel Projects's quick ratio for the quarter that ended in Mar. 2026 was 1.12.
Bajel Projects has a quick ratio of 1.12. It generally indicates good short-term financial strength.
The historical rank and industry rank for Bajel Projects's Quick Ratio or its related term are showing as below:
NSE:BAJEL'
s Quick Ratio Range Over the Past 10 Years
Min: 1.04 Med: 1.23 Max: 1.92
Current: 1.12
During the past 4 years, Bajel Projects's highest Quick Ratio was 1.92. The lowest was 1.04. And the median was 1.23.
NSE:BAJEL's Quick Ratio is ranked better than 57.2% of 507
companies
in the Utilities - Regulated industry
Industry Median: 1.01
vs NSE:BAJEL: 1.12
Bajel Projects (NSE:BAJEL) 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.
Bajel Projects Quick Ratio Related Terms
Bajel Projects Quick Ratio Historical Data
* Premium members only.
The historical data trend for Bajel Projects'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.
For the Utilities - Regulated Electric subindustry, Bajel Projects'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.
Bajel Projects Quick Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bajel Projects's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Bajel Projects's Quick Ratio falls into.
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.
Bajel Projects's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Bajel Projects (NSE:BAJEL) has a Quick Ratio of 1.12 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bajel Projects and its competitors. This is near median its historical median of 1.23. Over the past decade, Bajel Projects' Quick Ratio has ranged from 1.04 to 1.92. According to the industry distribution chart, Bajel Projects ranks #217 out of 507 companies in the Utilities - Regulated industry, placing it in the top 42.8%.
Is Bajel Projects' Quick Ratio too high?
Bajel Projects' current Quick Ratio of 1.12 is near median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 1.92. The Utilities - Regulated industry median Quick Ratio is 1.01. Bajel Projects' value of 1.12 is 10.9% above this industry median. Based on the distribution chart, Bajel Projects ranks #217 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Bajel Projects has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' Quick Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #217 out of 507 companies for Quick Ratio. This puts Bajel Projects in the upper half of its industry. The industry median Quick Ratio is 1.01. Bajel Projects' value of 1.12 is 10.9% above this benchmark. Historically, Bajel Projects' own Quick Ratio has ranged from 1.04 to 1.92 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.01, Bajel Projects 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 Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 507 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. Bajel Projects's current Quick Ratio of 1.12 is 10.9% 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 Bajel Projects and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current Quick Ratio is 1.12, which is near median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajel Projects stock overvalued right now?
Bajel Projects (NSE:BAJEL) has a current Quick Ratio of 1.12. The current Quick Ratio is 1.12, which is near median its 10-year median of 1.23 and 10.9% above the Utilities - Regulated industry median of 1.01. Bajel Projects' overall GF Score™ is 11/100 with 2 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 Bajel Projects (NSE:BAJEL), the current Quick Ratio is 1.12 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.
Bajel Projects Ltd is a Superior company in the business of four main segments, which are Power Transmission, Power Distribution, Monopoles and International Business. It is known for its project management skills and driving operations excellence, making it a preferred partner for several states, international governments, and private infrastructural projects. The company also provides services for the manufacturing & installation of Monopoles, Lattice Structures, Lighting Poles & Masts and Galvanizing services.
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