Finolex IndustriesNSE:FINPIPE -4.03%83 Quick Ratio is 2.63 as of Mar. 2026, which is 85% above its 10-year median of 1.42. GuruFocus rates NSE:FINPIPE with a GF Score™ of 83/100 and a GF Value™ of ₹210.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,781 Construction companies, Finolex Industries ranks better than 85.91% on this metric.
Finolex Industries has a quick ratio of 2.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for Finolex Industries's Quick Ratio or its related term are showing as below:
NSE:FINPIPE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.37 Med: 1.42 Max: 2.75
Current: 2.63
During the past 13 years, Finolex Industries's highest Quick Ratio was 2.75. The lowest was 0.37. And the median was 1.42.
NSE:FINPIPE's Quick Ratio is ranked better than 85.91% of 1781
companies
in the Construction industry
Industry Median: 1.28
vs NSE:FINPIPE: 2.63
Finolex Industries (NSE:FINPIPE) 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.
Finolex Industries Quick Ratio Related Terms
Finolex Industries Quick Ratio Historical Data
* Premium members only.
The historical data trend for Finolex Industries'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.
NSE:FINPIPE vs TT, JCI, CARR: Quick Ratio Comparison
For the Building Products & Equipment subindustry, Finolex Industries'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.
Finolex Industries Quick Ratio vs Construction Industry
For the Construction industry and Industrials sector, Finolex Industries's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Finolex Industries'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.
Finolex Industries'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.
Finolex Industries (NSE:FINPIPE) has a Quick Ratio of 2.63 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Finolex Industries and its competitors. This is 85% above median its historical median of 1.42. Over the past decade, Finolex Industries' Quick Ratio has ranged from 0.37 to 2.75. According to the industry distribution chart, Finolex Industries ranks #251 out of 1781 companies in the Construction industry, placing it in the top 14.1%.
Is Finolex Industries' Quick Ratio too high?
Finolex Industries' current Quick Ratio of 2.63 is 85% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.75. The Construction industry median Quick Ratio is 1.28. Finolex Industries' value of 2.63 is 105.5% above this industry median. Based on the distribution chart, Finolex Industries ranks #251 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Finolex Industries has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finolex Industries' Quick Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Finolex Industries ranks #251 out of 1781 companies for Quick Ratio. This places Finolex Industries in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.28. Finolex Industries' value of 2.63 is 105.5% above this benchmark. Historically, Finolex Industries' own Quick Ratio has ranged from 0.37 to 2.75 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.28, Finolex Industries 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 Construction company?
The median Quick Ratio among Construction companies is 1.28, based on 1,781 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. Finolex Industries's current Quick Ratio of 2.63 is 105.5% 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 Finolex Industries and its competitors. For the Construction industry, the median Quick Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Industries's current Quick Ratio is 2.63, which is 85% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Industries stock overvalued right now?
Based on GuruFocus' analysis, Finolex Industries (NSE:FINPIPE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹210.62, compared to a current price of ₹176.25 — trading 16.3% below its estimated fair value. The current Quick Ratio is 2.63, which is 85% above median its 10-year median of 1.42 and 105.5% above the Construction industry median of 1.28. Finolex Industries' overall GF Score™ is 83/100 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 Finolex Industries (NSE:FINPIPE), the current Quick Ratio is 2.63 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 Finolex Industries (NSE:FINPIPE) Overvalued in 2026?
Based on GuruFocus' analysis, Finolex Industries stock appears to be undervalued.
The current stock price of ₹176.25 is trading 16.3% below its estimated GF Value™ of ₹210.62.
GuruFocus considers Finolex Industries to be Modestly Undervalued.
Key valuation signals for NSE:FINPIPE:
Quick Ratio: 2.63 (85% above median its 10-year median of 1.42)
GF Value™: ₹210.62 vs. price of ₹176.25 (16.3% below fair value)
Industry Position: 105.5% above the Construction median (#251 of 1781)
No single metric tells the full story. See the NSE:FINPIPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.
83GF Score
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