Grover Jewells (NSE:GJL) Quick Ratio: 0.66 (As of Mar. 2025) — Near Median

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NSE:GJL Grover Jewells Ltd NSE:GJL
18 GF Score
Price ₹153.00
! 2 Warning Signs
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What is Grover Jewells Quick Ratio?

Grover Jewells NSE:GJL -4.38% 18 Quick Ratio is 0.66 as of Mar. 2025, which is at its 10-year median of 0.66. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,133 Retail - Cyclical companies, Grover Jewells ranks worse than 60.11% 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. Grover Jewells's quick ratio for the quarter that ended in Mar. 2025 was 0.66.

Grover Jewells has a quick ratio of 0.66. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:GJL' s Quick Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.66   Max: 2.33
Current: 0.66

During the past 3 years, Grover Jewells's highest Quick Ratio was 2.33. The lowest was 0.40. And the median was 0.66.

NSE:GJL's Quick Ratio is ranked worse than
60.11% of 1133 companies
in the Retail - Cyclical industry
Industry Median: 0.86 vs NSE:GJL: 0.66

Grover Jewells  (NSE:GJL) 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.


Grover Jewells Quick Ratio Related Terms


Grover Jewells Quick Ratio Historical Data

* Premium members only.

The historical data trend for Grover Jewells'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.

Grover Jewells Quick Ratio Chart

Grover Jewells Annual Data
Trend Mar23 Mar24 Mar25
Quick Ratio
0.40 2.33 0.66

Grover Jewells Semi-Annual Data
Mar23 Mar24 Mar25
Quick Ratio 0.40 2.33 0.66

NSE:GJL vs TPR: Quick Ratio Comparison

For the Luxury Goods subindustry, Grover Jewells'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.


Grover Jewells Quick Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grover Jewells's Quick Ratio distribution charts can be found below:

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


NSE:GJL
18GF Score
Grover Jewells Ltd NSE:GJL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grover Jewells 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.

Grover Jewells'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
=(246.077-198.525)/71.834
=0.66

Grover Jewells's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(246.077-198.525)/71.834
=0.66

* 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 0.66 mean?
Grover Jewells (NSE:GJL) has a Quick Ratio of 0.66 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Grover Jewells and its competitors. This is near median its historical median of 0.66. Over the past decade, Grover Jewells' Quick Ratio has ranged from 0.40 to 2.33. According to the industry distribution chart, Grover Jewells ranks #681 out of 1133 companies in the Retail - Cyclical industry, placing it in the top 60.1%.
Is Grover Jewells' Quick Ratio too high?
Grover Jewells' current Quick Ratio of 0.66 is near median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.33. The Retail - Cyclical industry median Quick Ratio is 0.86. Grover Jewells' value of 0.66 is 23.3% below this industry median. Based on the distribution chart, Grover Jewells ranks #681 out of 1133 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' Quick Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Grover Jewells ranks #681 out of 1133 companies for Quick Ratio. This places Grover Jewells in the lower half of its industry. The industry median Quick Ratio is 0.86. Grover Jewells' value of 0.66 is 23.3% below this benchmark. Historically, Grover Jewells' own Quick Ratio has ranged from 0.40 to 2.33 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.86, Grover Jewells 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 Retail - Cyclical company?
The median Quick Ratio among Retail - Cyclical companies is 0.86, based on 1,133 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. Grover Jewells's current Quick Ratio of 0.66 is 23.3% 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 Grover Jewells and its competitors. For the Retail - Cyclical industry, the median Quick Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grover Jewells's current Quick Ratio is 0.66, which is near median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current Quick Ratio of 0.66. The current Quick Ratio is 0.66, which is near median its 10-year median of 0.66 and 23.3% below the Retail - Cyclical industry median of 0.86. Grover Jewells' overall GF Score™ is 18/100 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 Grover Jewells (NSE:GJL), the current Quick Ratio is 0.66 as of Mar. 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.

Grover Jewells Business Description

Address Lawrance Road Industrial Area, House No C-44/5, 1st Floor, Keshavpuram Ind Area, North West, Delhi, IND, 110035
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
18GF Score

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