Indo Borax & ChemicalsNSE:INDOBORAX -1.49%71 Quick Ratio is 18.80 as of Mar. 2026, which is 204% above its 10-year median of 6.19. GuruFocus rates NSE:INDOBORAX with a GF Score™ of 71/100 and a GF Value™ of ₹217.71 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,610 Chemicals companies, Indo Borax & Chemicals ranks better than 99.07% on this metric.
Indo Borax & Chemicals has a quick ratio of 18.80. It generally indicates good short-term financial strength.
The historical rank and industry rank for Indo Borax & Chemicals's Quick Ratio or its related term are showing as below:
NSE:INDOBORAX'
s Quick Ratio Range Over the Past 10 Years
Min: 3.27 Med: 6.19 Max: 18.8
Current: 18.8
During the past 13 years, Indo Borax & Chemicals's highest Quick Ratio was 18.80. The lowest was 3.27. And the median was 6.19.
NSE:INDOBORAX's Quick Ratio is ranked better than 99.07% of 1610
companies
in the Chemicals industry
Industry Median: 1.375
vs NSE:INDOBORAX: 18.80
Indo Borax & Chemicals (NSE:INDOBORAX) 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.
Indo Borax & Chemicals Quick Ratio Related Terms
Indo Borax & Chemicals 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.
For the Chemicals subindustry, Indo Borax & 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.
Indo Borax & Chemicals Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Indo Borax & Chemicals'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.
Indo Borax & Chemicals'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.
Indo Borax & Chemicals (NSE:INDOBORAX) has a Quick Ratio of 18.80 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indo Borax & Chemicals and its competitors. This is 204% above median its historical median of 6.19. Over the past decade, Indo Borax & Chemicals' Quick Ratio has ranged from 3.27 to 18.80. According to the industry distribution chart, Indo Borax & Chemicals ranks #15 out of 1610 companies in the Chemicals industry, placing it in the top 0.90000000000001%.
Is Indo Borax & Chemicals' Quick Ratio too high?
Indo Borax & Chemicals' current Quick Ratio of 18.80 is 204% above median its 10-year median of 6.19. Over the past 10 years, this metric has ranged from a low of 3.27 to a high of 18.80. The Chemicals industry median Quick Ratio is 1.38. Indo Borax & Chemicals' value of 18.80 is 1267.3% above this industry median. Based on the distribution chart, Indo Borax & Chemicals ranks #15 out of 1610 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Borax & Chemicals has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' Quick Ratio compare to DOW?
According to the Chemicals industry distribution chart, Indo Borax & Chemicals ranks #15 out of 1610 companies for Quick Ratio. This places Indo Borax & Chemicals in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Indo Borax & Chemicals' value of 18.80 is 1267.3% above this benchmark. Historically, Indo Borax & Chemicals' own Quick Ratio has ranged from 3.27 to 18.80 over the past decade. While the company's 10-year median is 6.19 vs. the industry median of 1.38, Indo Borax & 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 1,610 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. Indo Borax & Chemicals's current Quick Ratio of 18.80 is 1267.3% 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 Indo Borax & 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. Indo Borax & Chemicals's current Quick Ratio is 18.80, which is 204% above median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹217.71, compared to a current price of ₹380.50 — trading 74.8% above its estimated fair value. The current Quick Ratio is 18.80, which is 204% above median its 10-year median of 6.19 and 1267.3% above the Chemicals industry median of 1.38. Indo Borax & Chemicals' overall GF Score™ is 71/100 with 9 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current Quick Ratio is 18.80 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued.
The current stock price of ₹380.50 is trading 74.8% above its estimated GF Value™ of ₹217.71.
GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:INDOBORAX:
Quick Ratio: 18.80 (204% above median its 10-year median of 6.19)
GF Value™: ₹217.71 vs. price of ₹380.50 (74.8% above fair value)
Industry Position: 1267.3% above the Chemicals median (#15 of 1610)
No single metric tells the full story. See the NSE:INDOBORAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
71GF Score
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