Godawari Power & Ispat has a quick ratio of 1.97. It generally indicates good short-term financial strength.
The historical rank and industry rank for Godawari Power & Ispat's Quick Ratio or its related term are showing as below:
NSE:GPIL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.71 Med: 1.24 Max: 2.02
Current: 1.97
During the past 13 years, Godawari Power & Ispat's highest Quick Ratio was 2.02. The lowest was 0.71. And the median was 1.24.
NSE:GPIL's Quick Ratio is ranked better than 74.29% of 638
companies
in the Steel industry
Industry Median: 1.02
vs NSE:GPIL: 1.97
Godawari Power & Ispat (NSE:GPIL) 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.
Godawari Power & Ispat Quick Ratio Related Terms
Godawari Power & Ispat Quick Ratio Historical Data
* 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.
For the Steel subindustry, Godawari Power & Ispat'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.
Godawari Power & Ispat Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Godawari Power & Ispat's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Godawari Power & Ispat'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.
Godawari Power & Ispat'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.
Godawari Power & Ispat (NSE:GPIL) has a Quick Ratio of 1.97 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Godawari Power & Ispat and its competitors. This is 59% above median its historical median of 1.24. Over the past decade, Godawari Power & Ispat's Quick Ratio has ranged from 0.71 to 2.02. According to the industry distribution chart, Godawari Power & Ispat ranks #164 out of 638 companies in the Steel industry, placing it in the top 25.7%.
Is Godawari Power & Ispat's Quick Ratio too high?
Godawari Power & Ispat's current Quick Ratio of 1.97 is 59% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 2.02. The Steel industry median Quick Ratio is 1.02. Godawari Power & Ispat's value of 1.97 is 93.1% above this industry median. Based on the distribution chart, Godawari Power & Ispat ranks #164 out of 638 companies in the Steel industry, which is above the industry midpoint. Overall, Godawari Power & Ispat has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Godawari Power & Ispat's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Godawari Power & Ispat ranks #164 out of 638 companies for Quick Ratio. This puts Godawari Power & Ispat in the upper half of its industry. The industry median Quick Ratio is 1.02. Godawari Power & Ispat's value of 1.97 is 93.1% above this benchmark. Historically, Godawari Power & Ispat's own Quick Ratio has ranged from 0.71 to 2.02 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.02, Godawari Power & Ispat 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 638 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. Godawari Power & Ispat's current Quick Ratio of 1.97 is 93.1% 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 Godawari Power & Ispat and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godawari Power & Ispat's current Quick Ratio is 1.97, which is 59% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godawari Power & Ispat stock overvalued right now?
Based on GuruFocus' analysis, Godawari Power & Ispat (NSE:GPIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹204.06, compared to a current price of ₹265.40 — trading 30.1% above its estimated fair value. The current Quick Ratio is 1.97, which is 59% above median its 10-year median of 1.24 and 93.1% above the Steel industry median of 1.02. Godawari Power & Ispat's overall GF Score™ is 80/100 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 Godawari Power & Ispat (NSE:GPIL), the current Quick Ratio is 1.97 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 Godawari Power & Ispat (NSE:GPIL) Overvalued in 2026?
Based on GuruFocus' analysis, Godawari Power & Ispat stock appears to be overvalued.
The current stock price of ₹265.40 is trading 30.1% above its estimated GF Value™ of ₹204.06.
GuruFocus considers Godawari Power & Ispat to be Modestly Overvalued.
Key valuation signals for NSE:GPIL:
Quick Ratio: 1.97 (59% above median its 10-year median of 1.24)
GF Value™: ₹204.06 vs. price of ₹265.40 (30.1% above fair value)
Industry Position: 93.1% above the Steel median (#164 of 638)
No single metric tells the full story. See the NSE:GPIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Godawari Power & Ispat Ltd is an India-based fully integrated steel company with a presence across the steel value chain extending from iron ore mining to iron ore pellets and value-added steel products. The company has a single primary business segment Iron and Steel which includes captive power, as the captive power generated by the company is used for the production process of iron and steel. The group operates in India. The products offered by the group are Pellets, Sponge iron, Iron and steel billets, Wire rods, Hard black wires, Ferro-alloys, and others.
80GF Score
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