Harsha Engineers International has a quick ratio of 1.70. It generally indicates good short-term financial strength.
The historical rank and industry rank for Harsha Engineers International's Quick Ratio or its related term are showing as below:
NSE:HARSHA'
s Quick Ratio Range Over the Past 10 Years
Min: 0.81 Med: 1.7 Max: 2.15
Current: 1.7
During the past 7 years, Harsha Engineers International's highest Quick Ratio was 2.15. The lowest was 0.81. And the median was 1.70.
NSE:HARSHA's Quick Ratio is ranked better than 61.93% of 3071
companies
in the Industrial Products industry
Industry Median: 1.39
vs NSE:HARSHA: 1.70
Harsha Engineers International (NSE:HARSHA) 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.
Harsha Engineers International Quick Ratio Related Terms
Harsha Engineers International 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.
NSE:HARSHA vs SNA, RBC, LECO: Quick Ratio Comparison
For the Tools & Accessories subindustry, Harsha Engineers International'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.
Harsha Engineers International Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harsha Engineers International's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Harsha Engineers International's Quick Ratio falls into.
Harsha Engineers International 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.
* 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.
Harsha Engineers International (NSE:HARSHA) has a Quick Ratio of 1.70 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Harsha Engineers International and its competitors. This is near median its historical median of 1.70. Over the past decade, Harsha Engineers International's Quick Ratio has ranged from 0.81 to 2.15. According to the industry distribution chart, Harsha Engineers International ranks #1169 out of 3071 companies in the Industrial Products industry, placing it in the top 38.1%.
Is Harsha Engineers International's Quick Ratio too high?
Harsha Engineers International's current Quick Ratio of 1.70 is near median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.15. The Industrial Products industry median Quick Ratio is 1.39. Harsha Engineers International's value of 1.70 is 22.3% above this industry median. Based on the distribution chart, Harsha Engineers International ranks #1169 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's Quick Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #1169 out of 3071 companies for Quick Ratio. This puts Harsha Engineers International in the upper half of its industry. The industry median Quick Ratio is 1.39. Harsha Engineers International's value of 1.70 is 22.3% above this benchmark. Historically, Harsha Engineers International's own Quick Ratio has ranged from 0.81 to 2.15 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 1.39, Harsha Engineers International 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Harsha Engineers International's current Quick Ratio of 1.70 is 22.3% 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 Harsha Engineers International and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harsha Engineers International's current Quick Ratio is 1.70, which is near median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹496.90, compared to a current price of ₹419.70 — trading 15.5% below its estimated fair value. The current Quick Ratio is 1.70, which is near median its 10-year median of 1.70 and 22.3% above the Industrial Products industry median of 1.39. Harsha Engineers International's overall GF Score™ is 86/100 with 5 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 Harsha Engineers International (NSE:HARSHA), the current Quick Ratio is 1.70 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?
Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued.
The current stock price of ₹419.70 is trading 15.5% below its estimated GF Value™ of ₹496.90.
GuruFocus considers Harsha Engineers International to be Modestly Undervalued.
Key valuation signals for NSE:HARSHA:
Quick Ratio: 1.70 (near median its 10-year median of 1.70)
GF Value™: ₹496.90 vs. price of ₹419.70 (15.5% below fair value)
Industry Position: 22.3% above the Industrial Products median (#1169 of 3071)
No single metric tells the full story. See the NSE:HARSHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harsha Engineers International Business Description
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
86GF Score
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