Borosil Renewables (NSE:BORORENEW) Quick Ratio: 4.14 (As of Mar. 2026) — 96% Above Median


NSE:BORORENEW Borosil Renewables Ltd NSE:BORORENEW
85 GF Score
Price ₹594.60
GF Value ₹592.34
Valuation Fairly Valued
! 4 Warning Signs
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What is Borosil Renewables Quick Ratio?

Borosil Renewables NSE:BORORENEW -2.34% 85 Quick Ratio is 4.14 as of Mar. 2026, which is 96% above its 10-year median of 2.11. GuruFocus rates NSE:BORORENEW with a GF Score™ of 85/100 and a GF Value™ of ₹592.34 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,027 Semiconductors companies, Borosil Renewables ranks better than 79.84% 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. Borosil Renewables's quick ratio for the quarter that ended in Mar. 2026 was 4.14.

Borosil Renewables has a quick ratio of 4.14. It generally indicates good short-term financial strength.

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

NSE:BORORENEW' s Quick Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.11   Max: 4.83
Current: 4.14

During the past 13 years, Borosil Renewables's highest Quick Ratio was 4.83. The lowest was 0.91. And the median was 2.11.

NSE:BORORENEW's Quick Ratio is ranked better than
79.84% of 1027 companies
in the Semiconductors industry
Industry Median: 1.85 vs NSE:BORORENEW: 4.14

Borosil Renewables  (NSE:BORORENEW) 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.


Borosil Renewables Quick Ratio Related Terms


Borosil Renewables Quick Ratio Historical Data

* Premium members only.

The historical data trend for Borosil Renewables'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.

Borosil Renewables Quick Ratio Chart

Borosil Renewables 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 3.08 0.91 1.08 0.95 4.14

Borosil Renewables 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 0.95 0.00 1.63 0.00 4.14

NSE:BORORENEW vs FSLR, NXT, ENPH: Quick Ratio Comparison

For the Solar subindustry, Borosil Renewables'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.


Borosil Renewables Quick Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Borosil Renewables's Quick Ratio distribution charts can be found below:

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


NSE:BORORENEW
85GF Score
Borosil Renewables Ltd NSE:BORORENEW
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Borosil Renewables 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.

Borosil Renewables'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
=(9191.853-1200.661)/1929.782
=4.14

Borosil Renewables'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
=(9191.853-1200.661)/1929.782
=4.14

* 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 4.14 mean?
Borosil Renewables (NSE:BORORENEW) has a Quick Ratio of 4.14 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Borosil Renewables and its competitors. This is 96% above median its historical median of 2.11. Over the past decade, Borosil Renewables' Quick Ratio has ranged from 0.91 to 4.83. According to the industry distribution chart, Borosil Renewables ranks #207 out of 1027 companies in the Semiconductors industry, placing it in the top 20.2%.
Is Borosil Renewables' Quick Ratio too high?
Borosil Renewables' current Quick Ratio of 4.14 is 96% above median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 4.83. The Semiconductors industry median Quick Ratio is 1.85. Borosil Renewables' value of 4.14 is 123.8% above this industry median. Based on the distribution chart, Borosil Renewables ranks #207 out of 1027 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Borosil Renewables has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Borosil Renewables' Quick Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Borosil Renewables ranks #207 out of 1027 companies for Quick Ratio. This places Borosil Renewables in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.85. Borosil Renewables' value of 4.14 is 123.8% above this benchmark. Historically, Borosil Renewables' own Quick Ratio has ranged from 0.91 to 4.83 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.85, Borosil Renewables 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 Semiconductors company?
The median Quick Ratio among Semiconductors companies is 1.85, based on 1,027 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. Borosil Renewables's current Quick Ratio of 4.14 is 123.8% 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 Borosil Renewables and its competitors. For the Semiconductors industry, the median Quick Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borosil Renewables's current Quick Ratio is 4.14, which is 96% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borosil Renewables stock overvalued right now?
Based on GuruFocus' analysis, Borosil Renewables (NSE:BORORENEW) is currently considered Fairly Valued. The stock's GF Value™ is ₹592.34, compared to a current price of ₹594.60 — trading 0.4% above its estimated fair value. The current Quick Ratio is 4.14, which is 96% above median its 10-year median of 2.11 and 123.8% above the Semiconductors industry median of 1.85. Borosil Renewables' overall GF Score™ is 85/100 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 Borosil Renewables (NSE:BORORENEW), the current Quick Ratio is 4.14 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 Borosil Renewables (NSE:BORORENEW) Overvalued in 2026?

Based on GuruFocus' analysis, Borosil Renewables stock appears to be overvalued. The current stock price of ₹594.60 is trading 0.4% above its estimated GF Value™ of ₹592.34. GuruFocus considers Borosil Renewables to be Fairly Valued.

Key valuation signals for NSE:BORORENEW:

  • Quick Ratio: 4.14 (96% above median its 10-year median of 2.11)
  • GF Value™: ₹592.34 vs. price of ₹594.60 (0.4% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 123.8% above the Semiconductors median (#207 of 1027)

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


Borosil Renewables Business Description

Other Exchanges 502219:India
Address No. 1101, Crescenzo, G-Block, Bandra Kurla Complex, Opposite MCA Club, Bandra (East), Mumbai, MH, IND, 400051
Borosil Renewables Ltd is an Indian holding company that manufactures and sells Solar Glass. The company manufactures Low-Iron textured Solar Glass for Photovoltaic panels, Flat plate collectors, and Greenhouses. The company's operating segment is the Manufacture of Flat glass. The company serves both domestic and international markets. The majority of the company's revenue is generated within India.
85GF Score

Get the complete analysis for NSE:BORORENEW

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

₹594.60
Price
₹592.34
GF Value