Hindcon Chemicals (NSE:HINDCON) Quick Ratio: 3.08 (As of Mar. 2026) — 30% Below Median

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NSE:HINDCON Hindcon Chemicals Ltd NSE:HINDCON
76 GF Score
Price ₹21.00
GF Value ₹36.72
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hindcon Chemicals Quick Ratio?

Hindcon Chemicals NSE:HINDCON -1.13% 76 Quick Ratio is 3.08 as of Mar. 2026, which is 30% below its 10-year median of 4.40. GuruFocus rates NSE:HINDCON with a GF Score™ of 76/100 and a GF Value™ of ₹36.72 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,605 Chemicals companies, Hindcon Chemicals ranks better than 81% 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. Hindcon Chemicals's quick ratio for the quarter that ended in Mar. 2026 was 3.08.

Hindcon Chemicals has a quick ratio of 3.08. It generally indicates good short-term financial strength.

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

NSE:HINDCON' s Quick Ratio Range Over the Past 10 Years
Min: 2.12   Med: 4.4   Max: 5.13
Current: 3.08

During the past 13 years, Hindcon Chemicals's highest Quick Ratio was 5.13. The lowest was 2.12. And the median was 4.40.

NSE:HINDCON's Quick Ratio is ranked better than
81% of 1605 companies
in the Chemicals industry
Industry Median: 1.38 vs NSE:HINDCON: 3.08

Hindcon Chemicals  (NSE:HINDCON) 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.


Hindcon Chemicals Quick Ratio Related Terms


Hindcon Chemicals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hindcon Chemicals'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.

Hindcon Chemicals Quick Ratio Chart

Hindcon Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 4.24 4.77 5.13 3.08

Hindcon Chemicals Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.13 0.00 2.96 0.00 3.08

NSE:HINDCON vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Hindcon Chemicals'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.


Hindcon Chemicals Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hindcon Chemicals's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Hindcon Chemicals's Quick Ratio falls into.


NSE:HINDCON
76GF Score
Hindcon Chemicals Ltd NSE:HINDCON
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hindcon Chemicals 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.

Hindcon Chemicals's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(621.761-67.498)/179.775
=3.08

Hindcon Chemicals's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(621.761-67.498)/179.775
=3.08

* 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 3.08 mean?
Hindcon Chemicals (NSE:HINDCON) has a Quick Ratio of 3.08 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hindcon Chemicals and its competitors. This is 30% below median its historical median of 4.40. Over the past decade, Hindcon Chemicals' Quick Ratio has ranged from 2.12 to 5.13. According to the industry distribution chart, Hindcon Chemicals ranks #305 out of 1605 companies in the Chemicals industry, placing it in the top 19%.
Is Hindcon Chemicals' Quick Ratio too high?
Hindcon Chemicals' current Quick Ratio of 3.08 is 30% below median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 5.13. The Chemicals industry median Quick Ratio is 1.38. Hindcon Chemicals' value of 3.08 is 123.2% above this industry median. Based on the distribution chart, Hindcon Chemicals ranks #305 out of 1605 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hindcon Chemicals has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hindcon Chemicals' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hindcon Chemicals ranks #305 out of 1605 companies for Quick Ratio. This places Hindcon Chemicals in the top 19% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Hindcon Chemicals' value of 3.08 is 123.2% above this benchmark. Historically, Hindcon Chemicals' own Quick Ratio has ranged from 2.12 to 5.13 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 1.38, Hindcon Chemicals 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,605 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. Hindcon Chemicals's current Quick Ratio of 3.08 is 123.2% 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 Hindcon Chemicals and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindcon Chemicals's current Quick Ratio is 3.08, which is 30% below median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindcon Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Hindcon Chemicals (NSE:HINDCON) is currently considered Possible Value Trap. The stock's GF Value™ is ₹36.72, compared to a current price of ₹21.00 — trading 42.8% below its estimated fair value. The current Quick Ratio is 3.08, which is 30% below median its 10-year median of 4.40 and 123.2% above the Chemicals industry median of 1.38. Hindcon Chemicals' overall GF Score™ is 76/100 with 6 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 Hindcon Chemicals (NSE:HINDCON), the current Quick Ratio is 3.08 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 Hindcon Chemicals (NSE:HINDCON) Overvalued in 2026?

Based on GuruFocus' analysis, Hindcon Chemicals stock appears to be undervalued. The current stock price of ₹21.00 is trading 42.8% below its estimated GF Value™ of ₹36.72. GuruFocus considers Hindcon Chemicals to be Possible Value Trap.

Key valuation signals for NSE:HINDCON:

  • Quick Ratio: 3.08 (30% below median its 10-year median of 4.40)
  • GF Value™: ₹36.72 vs. price of ₹21.00 (42.8% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 123.2% above the Chemicals median (#305 of 1605)

No single metric tells the full story. See the NSE:HINDCON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindcon Chemicals Business Description

Address Vasudha, 62/B, Braunfeld Row, 1st Floor, Kolkata, WB, IND, 700027
Hindcon Chemicals Ltd is a manufacturer of chemicals for the construction industry. The company is engaged in a single segment of Manufacturing of Sodium Silicate, Construction Chemicals, and allied activities. The company's product portfolio includes Cement Additives, Water Proofing Compounds, Sodium Silicate, Repairing Mortars, Retrofitting and Restructuring services and among others. It earns the majority of its revenue from India.
76GF Score

Get the complete analysis for NSE:HINDCON

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹21.00
Price
₹36.72
GF Value