Hindware Home Innovation (NSE:HINDWAREAP) Quick Ratio: 0.48 (As of Mar. 2026) — 16% Below Median


NSE:HINDWAREAP Hindware Home Innovation Ltd NSE:HINDWAREAP
74 GF Score
Price ₹250.80
GF Value ₹305.28
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Hindware Home Innovation Quick Ratio?

Hindware Home Innovation NSE:HINDWAREAP +0.04% 74 Quick Ratio is 0.48 as of Mar. 2026, which is 16% below its 10-year median of 0.57. GuruFocus rates NSE:HINDWAREAP with a GF Score™ of 74/100 and a GF Value™ of ₹305.28 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 434 Furnishings, Fixtures & Appliances companies, Hindware Home Innovation ranks worse than 91.94% 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. Hindware Home Innovation's quick ratio for the quarter that ended in Mar. 2026 was 0.48.

Hindware Home Innovation has a quick ratio of 0.48. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Hindware Home Innovation's Quick Ratio or its related term are showing as below:

NSE:HINDWAREAP' s Quick Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.57   Max: 1.53
Current: 0.48

During the past 9 years, Hindware Home Innovation's highest Quick Ratio was 1.53. The lowest was 0.38. And the median was 0.57.

NSE:HINDWAREAP's Quick Ratio is ranked worse than
91.94% of 434 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.265 vs NSE:HINDWAREAP: 0.48

Hindware Home Innovation  (NSE:HINDWAREAP) 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.


Hindware Home Innovation Quick Ratio Related Terms


Hindware Home Innovation Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hindware Home Innovation'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.

Hindware Home Innovation Quick Ratio Chart

Hindware Home Innovation Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only 0.38 0.46 0.51 0.57 0.48

Hindware Home Innovation Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.57 0.00 0.50 0.00 0.48

NSE:HINDWAREAP vs SN, SGI, MHK: Quick Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation'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.


Hindware Home Innovation Quick Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Hindware Home Innovation's Quick Ratio falls into.


NSE:HINDWAREAP
74GF Score
Hindware Home Innovation Ltd NSE:HINDWAREAP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindware Home Innovation 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.

Hindware Home Innovation'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
=(12181.3-6139.5)/12563.3
=0.48

Hindware Home Innovation'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
=(12181.3-6139.5)/12563.3
=0.48

* 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 0.48 mean?
Hindware Home Innovation (NSE:HINDWAREAP) has a Quick Ratio of 0.48 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hindware Home Innovation and its competitors. This is 16% below median its historical median of 0.57. Over the past decade, Hindware Home Innovation's Quick Ratio has ranged from 0.38 to 1.53. According to the industry distribution chart, Hindware Home Innovation ranks #399 out of 434 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 91.9%.
Is Hindware Home Innovation's Quick Ratio too high?
Hindware Home Innovation's current Quick Ratio of 0.48 is 16% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.53. The Furnishings, Fixtures & Appliances industry median Quick Ratio is 1.27. Hindware Home Innovation's value of 0.48 is 62.1% below this industry median. Based on the distribution chart, Hindware Home Innovation ranks #399 out of 434 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Hindware Home Innovation has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindware Home Innovation's Quick Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Hindware Home Innovation ranks #399 out of 434 companies for Quick Ratio. This places Hindware Home Innovation in the lower half of its industry. The industry median Quick Ratio is 1.27. Hindware Home Innovation's value of 0.48 is 62.1% below this benchmark. Historically, Hindware Home Innovation's own Quick Ratio has ranged from 0.38 to 1.53 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.27, Hindware Home Innovation 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 Furnishings, Fixtures & Appliances company?
The median Quick Ratio among Furnishings, Fixtures & Appliances companies is 1.27, based on 434 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. Hindware Home Innovation's current Quick Ratio of 0.48 is 62.1% 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 Hindware Home Innovation and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Quick Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindware Home Innovation's current Quick Ratio is 0.48, which is 16% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindware Home Innovation stock overvalued right now?
Based on GuruFocus' analysis, Hindware Home Innovation (NSE:HINDWAREAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹305.28, compared to a current price of ₹250.80 — trading 17.8% below its estimated fair value. The current Quick Ratio is 0.48, which is 16% below median its 10-year median of 0.57 and 62.1% below the Furnishings, Fixtures & Appliances industry median of 1.27. Hindware Home Innovation's overall GF Score™ is 74/100 with 7 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 Hindware Home Innovation (NSE:HINDWAREAP), the current Quick Ratio is 0.48 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 Hindware Home Innovation (NSE:HINDWAREAP) Overvalued in 2026?

Based on GuruFocus' analysis, Hindware Home Innovation stock appears to be undervalued. The current stock price of ₹250.80 is trading 17.8% below its estimated GF Value™ of ₹305.28. GuruFocus considers Hindware Home Innovation to be Modestly Undervalued.

Key valuation signals for NSE:HINDWAREAP:

  • Quick Ratio: 0.48 (16% below median its 10-year median of 0.57)
  • GF Value™: ₹305.28 vs. price of ₹250.80 (17.8% below fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 62.1% below the Furnishings, Fixtures & Appliances median (#399 of 434)

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


Hindware Home Innovation Business Description

Other Exchanges 542905:India
Address BPTP Park Centra, Unit no. 201 (1), (II), (IIIA), (XVI, Sector-30, 2nd Floor, NH-8, Gurugram, HR, IND, 122001
Hindware Home Innovation Ltd is involved in manufacturing, selling, and trading building products, glass products, consumer products, plastic products, and retail businesses. Its product range includes Kitchen Ensemble, water heaters, air coolers, water purifiers, air purifiers, and window vents, among others. Some of its brands are Hindware, Moonbow, and Evok. The company operates through segments such as Building Products and Consumer Appliances. It functions in India and derives the majority of its revenue from the Building Products segment.
74GF Score

Get the complete analysis for NSE:HINDWAREAP

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

₹250.80
Price
₹305.28
GF Value