Bhandari Hosiery Exports (NSE:BHANDARI) Quick Ratio: 1.41 (As of Mar. 2026) — 76% Above Median


NSE:BHANDARI Bhandari Hosiery Exports Ltd NSE:BHANDARI
67 GF Score
Price ₹3.03
GF Value ₹2.84
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Bhandari Hosiery Exports Quick Ratio?

Bhandari Hosiery Exports NSE:BHANDARI +2.36% 67 Quick Ratio is 1.41 as of Mar. 2026, which is 76% above its 10-year median of 0.80. GuruFocus rates NSE:BHANDARI with a GF Score™ of 67/100 and a GF Value™ of ₹2.84 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Bhandari Hosiery Exports ranks better than 61.49% 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. Bhandari Hosiery Exports's quick ratio for the quarter that ended in Mar. 2026 was 1.41.

Bhandari Hosiery Exports has a quick ratio of 1.41. It generally indicates good short-term financial strength.

The historical rank and industry rank for Bhandari Hosiery Exports's Quick Ratio or its related term are showing as below:

NSE:BHANDARI' s Quick Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.8   Max: 1.41
Current: 1.41

During the past 13 years, Bhandari Hosiery Exports's highest Quick Ratio was 1.41. The lowest was 0.71. And the median was 0.80.

NSE:BHANDARI's Quick Ratio is ranked better than
61.49% of 1062 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs NSE:BHANDARI: 1.41

Bhandari Hosiery Exports  (NSE:BHANDARI) 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.


Bhandari Hosiery Exports Quick Ratio Related Terms


Bhandari Hosiery Exports Quick Ratio Historical Data

* Premium members only.

The historical data trend for Bhandari Hosiery Exports'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.

Bhandari Hosiery Exports Quick Ratio Chart

Bhandari Hosiery Exports 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 0.91 0.83 0.82 1.26 1.41

Bhandari Hosiery Exports 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 1.26 0.00 1.24 0.00 1.41

NSE:BHANDARI vs RL, LEVI, VFC: Quick Ratio Comparison

For the Apparel Manufacturing subindustry, Bhandari Hosiery Exports'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.


Bhandari Hosiery Exports Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bhandari Hosiery Exports's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Bhandari Hosiery Exports's Quick Ratio falls into.


NSE:BHANDARI
67GF Score
Bhandari Hosiery Exports Ltd NSE:BHANDARI
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhandari Hosiery Exports 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.

Bhandari Hosiery Exports'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
=(2466.155-944.382)/1075.819
=1.41

Bhandari Hosiery Exports'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
=(2466.155-944.382)/1075.819
=1.41

* 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 1.41 mean?
Bhandari Hosiery Exports (NSE:BHANDARI) has a Quick Ratio of 1.41 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Bhandari Hosiery Exports and its competitors. This is 76% above median its historical median of 0.80. Over the past decade, Bhandari Hosiery Exports' Quick Ratio has ranged from 0.71 to 1.41. According to the industry distribution chart, Bhandari Hosiery Exports ranks #409 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.5%.
Is Bhandari Hosiery Exports' Quick Ratio too high?
Bhandari Hosiery Exports' current Quick Ratio of 1.41 is 76% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.41. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Bhandari Hosiery Exports' value of 1.41 is 27% above this industry median. Based on the distribution chart, Bhandari Hosiery Exports ranks #409 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bhandari Hosiery Exports has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhandari Hosiery Exports' Quick Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bhandari Hosiery Exports ranks #409 out of 1062 companies for Quick Ratio. This puts Bhandari Hosiery Exports in the upper half of its industry. The industry median Quick Ratio is 1.11. Bhandari Hosiery Exports' value of 1.41 is 27% above this benchmark. Historically, Bhandari Hosiery Exports' own Quick Ratio has ranged from 0.71 to 1.41 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.11, Bhandari Hosiery Exports 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,062 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. Bhandari Hosiery Exports's current Quick Ratio of 1.41 is 27% 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 Bhandari Hosiery Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhandari Hosiery Exports's current Quick Ratio is 1.41, which is 76% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhandari Hosiery Exports stock overvalued right now?
Based on GuruFocus' analysis, Bhandari Hosiery Exports (NSE:BHANDARI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2.84, compared to a current price of ₹3.03 — trading 6.7% above its estimated fair value. The current Quick Ratio is 1.41, which is 76% above median its 10-year median of 0.80 and 27% above the Manufacturing - Apparel & Accessories industry median of 1.11. Bhandari Hosiery Exports' overall GF Score™ is 67/100 with 3 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 Bhandari Hosiery Exports (NSE:BHANDARI), the current Quick Ratio is 1.41 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 Bhandari Hosiery Exports (NSE:BHANDARI) Overvalued in 2026?

Based on GuruFocus' analysis, Bhandari Hosiery Exports stock appears to be overvalued. The current stock price of ₹3.03 is trading 6.7% above its estimated GF Value™ of ₹2.84. GuruFocus considers Bhandari Hosiery Exports to be Modestly Overvalued.

Key valuation signals for NSE:BHANDARI:

  • Quick Ratio: 1.41 (76% above median its 10-year median of 0.80)
  • GF Value™: ₹2.84 vs. price of ₹3.03 (6.7% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 27% above the Manufacturing - Apparel & Accessories median (#409 of 1062)

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


Bhandari Hosiery Exports Business Description

Other Exchanges 512608:India
Address Rahon Road, Bhandari House, Village Meharban, Ludhiana, PB, IND, 141007
Bhandari Hosiery Exports Ltd is an India-based firm. The company is engaged in the manufacturing and distribution of textiles consisting of fabric and garments. It is engaged in dyeing, knitting, and finishing of fabrics. Its product portfolio includes products like T-shirts, pullovers, sweatshirts, bermudas, polo shirts, tracksuits, pajamas, lowers, ladies, and knitted tops with embroidery and prints. The majority of its revenue is earned from the Indian market, while it is also engaged in the export of knitted hosiery garments.
67GF Score

Get the complete analysis for NSE:BHANDARI

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

₹3.03
Price
₹2.84
GF Value