India Pesticides (NSE:IPL) Quick Ratio: 2.11 (As of Mar. 2026) — 16% Below Median


NSE:IPL India Pesticides Ltd NSE:IPL
85 GF Score
Price ₹163.49
GF Value ₹272.42
Valuation Significantly Undervalued
! 3 Warning Signs
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What is India Pesticides Quick Ratio?

India Pesticides NSE:IPL -1.92% 85 Quick Ratio is 2.11 as of Mar. 2026, which is 16% below its 10-year median of 2.52. GuruFocus rates NSE:IPL with a GF Score™ of 85/100 and a GF Value™ of ₹272.42 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 261 Agriculture companies, India Pesticides ranks better than 78.93% 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. India Pesticides's quick ratio for the quarter that ended in Mar. 2026 was 2.11.

India Pesticides has a quick ratio of 2.11. It generally indicates good short-term financial strength.

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

NSE:IPL' s Quick Ratio Range Over the Past 10 Years
Min: 1.78   Med: 2.52   Max: 3.08
Current: 2.11

During the past 8 years, India Pesticides's highest Quick Ratio was 3.08. The lowest was 1.78. And the median was 2.52.

NSE:IPL's Quick Ratio is ranked better than
78.93% of 261 companies
in the Agriculture industry
Industry Median: 1.01 vs NSE:IPL: 2.11

India Pesticides  (NSE:IPL) 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.


India Pesticides Quick Ratio Related Terms


India Pesticides Quick Ratio Historical Data

* Premium members only.

The historical data trend for India Pesticides'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.

India Pesticides Quick Ratio Chart

India Pesticides Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 3.08 2.85 2.65 2.21 2.11

India Pesticides 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 2.21 0.00 1.92 0.00 2.11

NSE:IPL vs CTVA, CF: Quick Ratio Comparison

For the Agricultural Inputs subindustry, India Pesticides'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.


India Pesticides Quick Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, India Pesticides's Quick Ratio distribution charts can be found below:

* The bar in red indicates where India Pesticides's Quick Ratio falls into.


NSE:IPL
85GF Score
India Pesticides Ltd NSE:IPL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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India Pesticides 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.

India Pesticides'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
=(8512.2-2874.2)/2666.8
=2.11

India Pesticides'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
=(8512.2-2874.2)/2666.8
=2.11

* 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 2.11 mean?
India Pesticides (NSE:IPL) has a Quick Ratio of 2.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on India Pesticides and its competitors. This is 16% below median its historical median of 2.52. Over the past decade, India Pesticides' Quick Ratio has ranged from 1.78 to 3.08. According to the industry distribution chart, India Pesticides ranks #55 out of 261 companies in the Agriculture industry, placing it in the top 21.1%.
Is India Pesticides' Quick Ratio too high?
India Pesticides' current Quick Ratio of 2.11 is 16% below median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 3.08. The Agriculture industry median Quick Ratio is 1.01. India Pesticides' value of 2.11 is 108.9% above this industry median. Based on the distribution chart, India Pesticides ranks #55 out of 261 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, India Pesticides has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does India Pesticides' Quick Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, India Pesticides ranks #55 out of 261 companies for Quick Ratio. This places India Pesticides in the top 21% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.01. India Pesticides' value of 2.11 is 108.9% above this benchmark. Historically, India Pesticides' own Quick Ratio has ranged from 1.78 to 3.08 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 1.01, India Pesticides 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 an Agriculture company?
The median Quick Ratio among Agriculture companies is 1.01, based on 261 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. India Pesticides's current Quick Ratio of 2.11 is 108.9% 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 India Pesticides and its competitors. For the Agriculture industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Pesticides's current Quick Ratio is 2.11, which is 16% below median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Pesticides stock overvalued right now?
Based on GuruFocus' analysis, India Pesticides (NSE:IPL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹272.42, compared to a current price of ₹163.49 — trading 40% below its estimated fair value. The current Quick Ratio is 2.11, which is 16% below median its 10-year median of 2.52 and 108.9% above the Agriculture industry median of 1.01. India Pesticides' overall GF Score™ is 85/100 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 India Pesticides (NSE:IPL), the current Quick Ratio is 2.11 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 India Pesticides (NSE:IPL) Overvalued in 2026?

Based on GuruFocus' analysis, India Pesticides stock appears to be undervalued. The current stock price of ₹163.49 is trading 40% below its estimated GF Value™ of ₹272.42. GuruFocus considers India Pesticides to be Significantly Undervalued.

Key valuation signals for NSE:IPL:

  • Quick Ratio: 2.11 (16% below median its 10-year median of 2.52)
  • GF Value™: ₹272.42 vs. price of ₹163.49 (40% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 108.9% above the Agriculture median (#55 of 261)

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


India Pesticides Business Description

Other Exchanges 543311:India
Address Water Works Road, Swarup Cold Storage Compound, Aishbagh, Lucknow, UP, IND, 226 004
India Pesticides Ltd is an agrochemical manufacturer in India. The company operates in Agro chemicals as its main business segment. The company's technical includes Fungicides and Herbicides. Geographically the company derives revenue from India and foreign countries.
85GF Score

Get the complete analysis for NSE:IPL

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

₹163.49
Price
₹272.42
GF Value