Biocon (NSE:BIOCON) Quick Ratio: 0.79 (As of Mar. 2026) — 29% Below Median


NSE:BIOCON Biocon Ltd NSE:BIOCON
87 GF Score
Price ₹418.50
GF Value ₹339.50
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Biocon Quick Ratio?

Biocon NSE:BIOCON +3.70% 87 Quick Ratio is 0.79 as of Mar. 2026, which is 29% below its 10-year median of 1.12. GuruFocus rates NSE:BIOCON with a GF Score™ of 87/100 and a GF Value™ of ₹339.50 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 1,410 Biotechnology companies, Biocon ranks worse than 85.18% 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. Biocon's quick ratio for the quarter that ended in Mar. 2026 was 0.79.

Biocon has a quick ratio of 0.79. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:BIOCON' s Quick Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.12   Max: 2.03
Current: 0.79

During the past 13 years, Biocon's highest Quick Ratio was 2.03. The lowest was 0.67. And the median was 1.12.

NSE:BIOCON's Quick Ratio is ranked worse than
85.18% of 1410 companies
in the Biotechnology industry
Industry Median: 3.6 vs NSE:BIOCON: 0.79

Biocon  (NSE:BIOCON) 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.


Biocon Quick Ratio Related Terms


Biocon Quick Ratio Historical Data

* Premium members only.

The historical data trend for Biocon'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.

Biocon Quick Ratio Chart

Biocon 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 1.59 0.95 0.67 0.79 0.79

Biocon 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 0.79 0.00 0.80 0.00 0.79

NSE:BIOCON vs VRTX, REGN, ALNY: Quick Ratio Comparison

For the Biotechnology subindustry, Biocon'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.


Biocon Quick Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Biocon's Quick Ratio distribution charts can be found below:

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


NSE:BIOCON
87GF Score
Biocon Ltd NSE:BIOCON
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Biocon 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.

Biocon'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
=(171798-60857)/140692
=0.79

Biocon'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
=(171798-60857)/140692
=0.79

* 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 0.79 mean?
Biocon (NSE:BIOCON) has a Quick Ratio of 0.79 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Biocon and its competitors. This is 29% below median its historical median of 1.12. Over the past decade, Biocon's Quick Ratio has ranged from 0.67 to 2.03. According to the industry distribution chart, Biocon ranks #1201 out of 1410 companies in the Biotechnology industry, placing it in the top 85.2%.
Is Biocon's Quick Ratio too high?
Biocon's current Quick Ratio of 0.79 is 29% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.03. The Biotechnology industry median Quick Ratio is 3.60. Biocon's value of 0.79 is 78.1% below this industry median. Based on the distribution chart, Biocon ranks #1201 out of 1410 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Biocon has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Biocon's Quick Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Biocon ranks #1201 out of 1410 companies for Quick Ratio. This places Biocon in the lower half of its industry. The industry median Quick Ratio is 3.60. Biocon's value of 0.79 is 78.1% below this benchmark. Historically, Biocon's own Quick Ratio has ranged from 0.67 to 2.03 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 3.60, Biocon 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 a Biotechnology company?
The median Quick Ratio among Biotechnology companies is 3.60, based on 1,410 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. Biocon's current Quick Ratio of 0.79 is 78.1% 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 Biocon and its competitors. For the Biotechnology industry, the median Quick Ratio is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biocon's current Quick Ratio is 0.79, which is 29% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biocon stock overvalued right now?
Based on GuruFocus' analysis, Biocon (NSE:BIOCON) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹339.50, compared to a current price of ₹418.50 — trading 23.3% above its estimated fair value. The current Quick Ratio is 0.79, which is 29% below median its 10-year median of 1.12 and 78.1% below the Biotechnology industry median of 3.60. Biocon's overall GF Score™ is 87/100 with 10 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 Biocon (NSE:BIOCON), the current Quick Ratio is 0.79 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 Biocon (NSE:BIOCON) Overvalued in 2026?

Based on GuruFocus' analysis, Biocon stock appears to be overvalued. The current stock price of ₹418.50 is trading 23.3% above its estimated GF Value™ of ₹339.50. GuruFocus considers Biocon to be Modestly Overvalued.

Key valuation signals for NSE:BIOCON:

  • Quick Ratio: 0.79 (29% below median its 10-year median of 1.12)
  • GF Value™: ₹339.50 vs. price of ₹418.50 (23.3% above fair value)
  • GF Score™: 87/100 with 10 warning signs
  • Industry Position: 78.1% below the Biotechnology median (#1201 of 1410)

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


Biocon Business Description

Other Exchanges 532523:India
Address 20th KM, Hosur Road, Electronics City, Bengaluru, KA, IND, 560100
Biocon Ltd is a biopharmaceutical company that develops biotechnology therapies for diseases. The company is focused on developing, manufacturing, and supplying novel and biosimilar pharmaceuticals for diabetes, cancer, and autoimmune conditions. Biocon has four reportable segments: Biosimilars which derives maximum revenue, Generics, Novel Biologics (Novels), and Research services (Research). The company provides integrated contract research and manufacturing services to pharmaceutical and biotechnology companies through its subsidiary Syngene. Geographically, the company generates a majority of its revenue from its customers located in India and the rest from Brazil, Singapore, and the rest of the world.
87GF Score

Get the complete analysis for NSE:BIOCON

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

₹418.50
Price
₹339.50
GF Value