IFGL Refractories (NSE:IFGLEXPOR) Quick Ratio: 1.37 (As of Mar. 2026) — 22% Below Median


NSE:IFGLEXPOR IFGL Refractories Ltd NSE:IFGLEXPOR
79 GF Score
Price ₹208.95
GF Value ₹302.85
Valuation Significantly Undervalued
! 3 Warning Signs
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What is IFGL Refractories Quick Ratio?

IFGL Refractories NSE:IFGLEXPOR +16.83% 79 Quick Ratio is 1.37 as of Mar. 2026, which is 22% below its 10-year median of 1.76. GuruFocus rates NSE:IFGLEXPOR with a GF Score™ of 79/100 and a GF Value™ of ₹302.85 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 408 Building Materials companies, IFGL Refractories ranks better than 64.22% 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. IFGL Refractories's quick ratio for the quarter that ended in Mar. 2026 was 1.37.

IFGL Refractories has a quick ratio of 1.37. It generally indicates good short-term financial strength.

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

NSE:IFGLEXPOR' s Quick Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.76   Max: 2.48
Current: 1.37

During the past 13 years, IFGL Refractories's highest Quick Ratio was 2.48. The lowest was 1.31. And the median was 1.76.

NSE:IFGLEXPOR's Quick Ratio is ranked better than
64.22% of 408 companies
in the Building Materials industry
Industry Median: 1.03 vs NSE:IFGLEXPOR: 1.37

IFGL Refractories  (NSE:IFGLEXPOR) 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.


IFGL Refractories Quick Ratio Related Terms


IFGL Refractories Quick Ratio Historical Data

* Premium members only.

The historical data trend for IFGL Refractories'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.

IFGL Refractories Quick Ratio Chart

IFGL Refractories 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 1.91 1.73 1.72 1.31 1.37

IFGL Refractories 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 1.31 0.00 1.11 0.00 1.37

NSE:IFGLEXPOR vs CRH, VMC, MLM: Quick Ratio Comparison

For the Building Materials subindustry, IFGL Refractories'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.


IFGL Refractories Quick Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IFGL Refractories's Quick Ratio distribution charts can be found below:

* The bar in red indicates where IFGL Refractories's Quick Ratio falls into.


NSE:IFGLEXPOR
79GF Score
IFGL Refractories Ltd NSE:IFGLEXPOR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IFGL Refractories 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.

IFGL Refractories'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
=(9886.8-4113.7)/4227.3
=1.37

IFGL Refractories'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
=(9886.8-4113.7)/4227.3
=1.37

* 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 1.37 mean?
IFGL Refractories (NSE:IFGLEXPOR) has a Quick Ratio of 1.37 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on IFGL Refractories and its competitors. This is 22% below median its historical median of 1.76. Over the past decade, IFGL Refractories' Quick Ratio has ranged from 1.31 to 2.48. According to the industry distribution chart, IFGL Refractories ranks #146 out of 408 companies in the Building Materials industry, placing it in the top 35.8%.
Is IFGL Refractories' Quick Ratio too high?
IFGL Refractories' current Quick Ratio of 1.37 is 22% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 2.48. The Building Materials industry median Quick Ratio is 1.03. IFGL Refractories' value of 1.37 is 33% above this industry median. Based on the distribution chart, IFGL Refractories ranks #146 out of 408 companies in the Building Materials industry, which is above the industry midpoint. Overall, IFGL Refractories has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFGL Refractories' Quick Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, IFGL Refractories ranks #146 out of 408 companies for Quick Ratio. This puts IFGL Refractories in the upper half of its industry. The industry median Quick Ratio is 1.03. IFGL Refractories' value of 1.37 is 33% above this benchmark. Historically, IFGL Refractories' own Quick Ratio has ranged from 1.31 to 2.48 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.03, IFGL Refractories 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 Building Materials company?
The median Quick Ratio among Building Materials companies is 1.03, based on 408 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. IFGL Refractories's current Quick Ratio of 1.37 is 33% 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 IFGL Refractories and its competitors. For the Building Materials industry, the median Quick Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFGL Refractories's current Quick Ratio is 1.37, which is 22% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFGL Refractories stock overvalued right now?
Based on GuruFocus' analysis, IFGL Refractories (NSE:IFGLEXPOR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹302.85, compared to a current price of ₹208.95 — trading 31% below its estimated fair value. The current Quick Ratio is 1.37, which is 22% below median its 10-year median of 1.76 and 33% above the Building Materials industry median of 1.03. IFGL Refractories' overall GF Score™ is 79/100 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 IFGL Refractories (NSE:IFGLEXPOR), the current Quick Ratio is 1.37 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 IFGL Refractories (NSE:IFGLEXPOR) Overvalued in 2026?

Based on GuruFocus' analysis, IFGL Refractories stock appears to be undervalued. The current stock price of ₹208.95 is trading 31% below its estimated GF Value™ of ₹302.85. GuruFocus considers IFGL Refractories to be Significantly Undervalued.

Key valuation signals for NSE:IFGLEXPOR:

  • Quick Ratio: 1.37 (22% below median its 10-year median of 1.76)
  • GF Value™: ₹302.85 vs. price of ₹208.95 (31% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 33% above the Building Materials median (#146 of 408)

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


IFGL Refractories Business Description

Other Exchanges 540774:India
Address 3, Netaji Subhas Road, McLeod House, Kolkata, WB, IND, 700 001
IFGL Refractories Ltd is engaged in the manufacturing, trading, and selling of Refractory items and related equipment and accessories used in Steel plants. The Group also provides services to Refractory Goods. The Group operates in one Operating Segment, Specialised Refractories and Ceramics. The Group's production facilities have been segmented into India, Europe (United Kingdom, Germany, and the Czech Republic), Asia excluding India (China), and America (USA). It generates maximum revenue from India. The group provides Solutions for Ferrous and non-ferrous.
79GF Score

Get the complete analysis for NSE:IFGLEXPOR

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

₹208.95
Price
₹302.85
GF Value