Indus Fila (NSE:INDUSFILA) Quick Ratio: 0.20 (As of Mar. 2026) — 76% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Indus Fila Quick Ratio?

Indus Fila NSE:INDUSFILA Quick Ratio is 0.20 as of Mar. 2026, which is 76% below its 10-year median of 0.83. The stock has 1 warning sign investors should review.

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. Indus Fila's quick ratio for the quarter that ended in Mar. 2026 was 0.20.

Indus Fila has a quick ratio of 0.20. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:INDUSFILA' s Quick Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.83   Max: 3.26
Current: 0.2

During the past 12 years, Indus Fila's highest Quick Ratio was 3.26. The lowest was 0.20. And the median was 0.83.

NSE:INDUSFILA's Quick Ratio is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.11 vs NSE:INDUSFILA: 0.20

Indus Fila  (NSE:INDUSFILA) 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.


Indus Fila Quick Ratio Related Terms


Indus Fila Quick Ratio Historical Data

* Premium members only.

The historical data trend for Indus Fila'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.

Indus Fila Quick Ratio Chart

Indus Fila Annual Data
Trend Mar10 Mar11 Mar12 Mar14 Mar15 Mar16 Mar17 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 3.26 0.83 0.20

Indus Fila Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 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 0.83 0.00 0.33 0.00 0.20

Indus Fila Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Indus Fila'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.


Indus Fila Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indus Fila's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Indus Fila's Quick Ratio falls into.



Indus Fila 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.

Indus Fila'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
=(124.397-114.34)/49.73
=0.20

Indus Fila'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
=(124.397-114.34)/49.73
=0.20

* 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 0.20 mean?
Indus Fila (NSE:INDUSFILA) has a Quick Ratio of 0.20 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indus Fila and its competitors. This is 76% below median its historical median of 0.83. Over the past decade, Indus Fila's Quick Ratio has ranged from 0.20 to 3.26.
Is Indus Fila's Quick Ratio too high?
Indus Fila's current Quick Ratio of 0.20 is 76% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 3.26. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Indus Fila's value of 0.20 is 82% below this industry median.
How does Indus Fila's Quick Ratio compare to competitors?
Indus Fila's Quick Ratio of 0.20 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Quick Ratio is 1.11. Indus Fila's value of 0.20 is 82% below this benchmark. Historically, Indus Fila's own Quick Ratio has ranged from 0.20 to 3.26 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.11, Indus Fila 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,063 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. Indus Fila's current Quick Ratio of 0.20 is 82% 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 Indus Fila and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Fila's current Quick Ratio is 0.20, which is 76% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Fila stock overvalued right now?
Indus Fila (NSE:INDUSFILA) has a current Quick Ratio of 0.20. The current Quick Ratio is 0.20, which is 76% below median its 10-year median of 0.83 and 82% below the Manufacturing - Apparel & Accessories industry median of 1.11. 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 Indus Fila (NSE:INDUSFILA), the current Quick Ratio is 0.20 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.

Indus Fila Business Description

Address 243/1 to 358/3, Thandya Industrial Area, K S Hundi, Thoramavu and Immavu Village, Nanjangud Taluka, Mysore, KA, IND, 571302
Indus Fila Ltd is an India-based company engaged in the business of manufacturing textiles and garments. The company is also involved in yarn dyeing, weaving, and processing activities. It exports its products to the United States and European markets.