Solve Plastic Products (NSE:BALCO) Quick Ratio: 0.72 (As of Sep. 2025) — 36% Above Median

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
7 GF Score
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! 2 Warning Signs
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What is Solve Plastic Products Quick Ratio?

Solve Plastic Products NSE:BALCO 7 Quick Ratio is 0.72 as of Sep. 2025, which is 36% above its 10-year median of 0.53. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 warning signs investors should review. Among 3,075 Industrial Products companies, Solve Plastic Products ranks worse than 84.98% 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. Solve Plastic Products's quick ratio for the quarter that ended in Sep. 2025 was 0.72.

Solve Plastic Products has a quick ratio of 0.72. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Solve Plastic Products's Quick Ratio or its related term are showing as below:

NSE:BALCO' s Quick Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.53   Max: 1.11
Current: 0.72

During the past 5 years, Solve Plastic Products's highest Quick Ratio was 1.11. The lowest was 0.39. And the median was 0.53.

NSE:BALCO's Quick Ratio is ranked worse than
84.98% of 3075 companies
in the Industrial Products industry
Industry Median: 1.39 vs NSE:BALCO: 0.72

Solve Plastic Products  (NSE:BALCO) 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.


Solve Plastic Products Quick Ratio Related Terms


Solve Plastic Products Quick Ratio Historical Data

* Premium members only.

The historical data trend for Solve Plastic Products'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.

Solve Plastic Products Quick Ratio Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Quick Ratio
0.53 0.39 0.41 0.48 0.92

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Quick Ratio Get a 7-Day Free Trial 0.00 0.48 1.11 0.92 0.72

NSE:BALCO vs VRT, BE: Quick Ratio Comparison

For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.


Solve Plastic Products Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solve Plastic Products's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Solve Plastic Products's Quick Ratio falls into.


NSE:BALCO
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Solve Plastic Products Ltd NSE:BALCO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Solve Plastic Products 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.

Solve Plastic Products's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as

Quick Ratio (A: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(158.171-60.286)/106.345
=0.92

Solve Plastic Products's Quick Ratio for the quarter that ended in Sep. 2025 is calculated as

Quick Ratio (Q: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(185.545-77.505)/150.527
=0.72

* 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 0.72 mean?
Solve Plastic Products (NSE:BALCO) has a Quick Ratio of 0.72 as of Sep. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Solve Plastic Products and its competitors. This is 36% above median its historical median of 0.53. Over the past decade, Solve Plastic Products' Quick Ratio has ranged from 0.39 to 1.11. According to the industry distribution chart, Solve Plastic Products ranks #2613 out of 3075 companies in the Industrial Products industry, placing it in the top 85%.
Is Solve Plastic Products' Quick Ratio too high?
Solve Plastic Products' current Quick Ratio of 0.72 is 36% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.11. The Industrial Products industry median Quick Ratio is 1.39. Solve Plastic Products' value of 0.72 is 48.2% below this industry median. Based on the distribution chart, Solve Plastic Products ranks #2613 out of 3075 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Solve Plastic Products ranks #2613 out of 3075 companies for Quick Ratio. This places Solve Plastic Products in the lower half of its industry. The industry median Quick Ratio is 1.39. Solve Plastic Products' value of 0.72 is 48.2% below this benchmark. Historically, Solve Plastic Products' own Quick Ratio has ranged from 0.39 to 1.11 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.39, Solve Plastic Products 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,075 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. Solve Plastic Products's current Quick Ratio of 0.72 is 48.2% 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 Solve Plastic Products and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solve Plastic Products's current Quick Ratio is 0.72, which is 36% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Quick Ratio of 0.72. The current Quick Ratio is 0.72, which is 36% above median its 10-year median of 0.53 and 48.2% below the Industrial Products industry median of 1.39. Solve Plastic Products' overall GF Score™ is 7/100 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 Solve Plastic Products (NSE:BALCO), the current Quick Ratio is 0.72 as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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