HBL EngineeringNSE:HBLENGINE -0.83%91 Quick Ratio is 2.58 as of Mar. 2026, which is 56% above its 10-year median of 1.65. GuruFocus rates NSE:HBLENGINE with a GF Score™ of 91/100 and a GF Value™ of ₹872.28 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,065 Industrial Products companies, HBL Engineering ranks better than 79.15% 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. HBL Engineering's quick ratio for the quarter that ended in Mar. 2026 was 2.58.
HBL Engineering has a quick ratio of 2.58. It generally indicates good short-term financial strength.
The historical rank and industry rank for HBL Engineering's Quick Ratio or its related term are showing as below:
NSE:HBLENGINE'
s Quick Ratio Range Over the Past 10 Years
Min: 0.82 Med: 1.65 Max: 2.58
Current: 2.58
During the past 13 years, HBL Engineering's highest Quick Ratio was 2.58. The lowest was 0.82. And the median was 1.65.
NSE:HBLENGINE's Quick Ratio is ranked better than 79.15% of 3065
companies
in the Industrial Products industry
Industry Median: 1.39
vs NSE:HBLENGINE: 2.58
HBL Engineering (NSE:HBLENGINE) 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.
HBL Engineering Quick Ratio Related Terms
HBL Engineering Quick Ratio Historical Data
* Premium members only.
The historical data trend for HBL Engineering'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.
For the Electrical Equipment & Parts subindustry, HBL Engineering'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.
HBL Engineering Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HBL Engineering's Quick Ratio distribution charts can be found below:
* The bar in red indicates where HBL Engineering'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.
HBL Engineering'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.
HBL Engineering (NSE:HBLENGINE) has a Quick Ratio of 2.58 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on HBL Engineering and its competitors. This is 56% above median its historical median of 1.65. Over the past decade, HBL Engineering's Quick Ratio has ranged from 0.82 to 2.58. According to the industry distribution chart, HBL Engineering ranks #639 out of 3065 companies in the Industrial Products industry, placing it in the top 20.8%.
Is HBL Engineering's Quick Ratio too high?
HBL Engineering's current Quick Ratio of 2.58 is 56% above median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 2.58. The Industrial Products industry median Quick Ratio is 1.39. HBL Engineering's value of 2.58 is 85.6% above this industry median. Based on the distribution chart, HBL Engineering ranks #639 out of 3065 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, HBL Engineering has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HBL Engineering's Quick Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, HBL Engineering ranks #639 out of 3065 companies for Quick Ratio. This places HBL Engineering in the top 21% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.39. HBL Engineering's value of 2.58 is 85.6% above this benchmark. Historically, HBL Engineering's own Quick Ratio has ranged from 0.82 to 2.58 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.39, HBL Engineering 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 3,065 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. HBL Engineering's current Quick Ratio of 2.58 is 85.6% 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 HBL Engineering 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. HBL Engineering's current Quick Ratio is 2.58, which is 56% above median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBL Engineering stock overvalued right now?
Based on GuruFocus' analysis, HBL Engineering (NSE:HBLENGINE) is currently considered Fairly Valued. The stock's GF Value™ is ₹872.28, compared to a current price of ₹816.95 — trading 6.3% below its estimated fair value. The current Quick Ratio is 2.58, which is 56% above median its 10-year median of 1.65 and 85.6% above the Industrial Products industry median of 1.39. HBL Engineering's overall GF Score™ is 91/100 with 1 warning sign 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 HBL Engineering (NSE:HBLENGINE), the current Quick Ratio is 2.58 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 HBL Engineering (NSE:HBLENGINE) Overvalued in 2026?
Based on GuruFocus' analysis, HBL Engineering stock appears to be undervalued.
The current stock price of ₹816.95 is trading 6.3% below its estimated GF Value™ of ₹872.28.
GuruFocus considers HBL Engineering to be Fairly Valued.
Key valuation signals for NSE:HBLENGINE:
Quick Ratio: 2.58 (56% above median its 10-year median of 1.65)
GF Value™: ₹872.28 vs. price of ₹816.95 (6.3% below fair value)
Industry Position: 85.6% above the Industrial Products median (#639 of 3065)
No single metric tells the full story. See the NSE:HBLENGINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HBL Engineering Ltd manufactures, assembles, purchases, imports, exports, acquires, develops, and deals in India or abroad in all types of cells, batteries, energy storage devices, conversion and generation devices, appliances, gadgets, solar panels, electronics, electro-mechanical and metallurgical appliances, electro-plating of metals and alloys by electrolytic processes, compounds, cement, oil paints, pigments, and Others. The Company's segments include Industrial batteries, Defense and Aviation batteries, and Electronics segment.
91GF Score
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