Kalana Ispat (NSE:KALANA) Quick Ratio: 2.50 (As of Mar. 2026) — 148% Above Median


NSE:KALANA Kalana Ispat Ltd NSE:KALANA
43 GF Score
Price ₹19.00
! 6 Warning Signs
View Full Analysis

What is Kalana Ispat Quick Ratio?

Kalana Ispat NSE:KALANA 43 Quick Ratio is 2.50 as of Mar. 2026, which is 148% above its 10-year median of 1.01. GuruFocus rates NSE:KALANA with a GF Score™ of 43/100. The stock has 6 warning signs investors should review. Among 634 Steel companies, Kalana Ispat ranks better than 79.5% 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. Kalana Ispat's quick ratio for the quarter that ended in Mar. 2026 was 2.50.

Kalana Ispat has a quick ratio of 2.50. It generally indicates good short-term financial strength.

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

NSE:KALANA' s Quick Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.01   Max: 6.8
Current: 2.5

During the past 6 years, Kalana Ispat's highest Quick Ratio was 6.80. The lowest was 0.31. And the median was 1.01.

NSE:KALANA's Quick Ratio is ranked better than
79.5% of 634 companies
in the Steel industry
Industry Median: 1.02 vs NSE:KALANA: 2.50

Kalana Ispat  (NSE:KALANA) 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.


Kalana Ispat Quick Ratio Related Terms


Kalana Ispat Quick Ratio Historical Data

* Premium members only.

The historical data trend for Kalana Ispat'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.

Kalana Ispat Quick Ratio Chart

Kalana Ispat Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 0.59 0.31 1.28 6.80 2.50

Kalana Ispat Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio Get a 7-Day Free Trial 0.59 0.31 1.28 6.80 2.50

NSE:KALANA vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Kalana Ispat'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.


Kalana Ispat Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Kalana Ispat's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Kalana Ispat's Quick Ratio falls into.


NSE:KALANA
43GF Score
Kalana Ispat Ltd NSE:KALANA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalana Ispat 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.

Kalana Ispat'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
=(172.388-44.735)/51.034
=2.50

Kalana Ispat'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
=(172.388-44.735)/51.034
=2.50

* 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 2.50 mean?
Kalana Ispat (NSE:KALANA) has a Quick Ratio of 2.50 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Kalana Ispat and its competitors. This is 148% above median its historical median of 1.01. Over the past decade, Kalana Ispat's Quick Ratio has ranged from 0.31 to 6.80. According to the industry distribution chart, Kalana Ispat ranks #130 out of 634 companies in the Steel industry, placing it in the top 20.5%.
Is Kalana Ispat's Quick Ratio too high?
Kalana Ispat's current Quick Ratio of 2.50 is 148% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 6.80. The Steel industry median Quick Ratio is 1.02. Kalana Ispat's value of 2.50 is 145.1% above this industry median. Based on the distribution chart, Kalana Ispat ranks #130 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kalana Ispat has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Kalana Ispat's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Kalana Ispat ranks #130 out of 634 companies for Quick Ratio. This places Kalana Ispat in the top 21% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Kalana Ispat's value of 2.50 is 145.1% above this benchmark. Historically, Kalana Ispat's own Quick Ratio has ranged from 0.31 to 6.80 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.02, Kalana Ispat 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 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. Kalana Ispat's current Quick Ratio of 2.50 is 145.1% 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 Kalana Ispat and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalana Ispat's current Quick Ratio is 2.50, which is 148% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalana Ispat stock overvalued right now?
Kalana Ispat (NSE:KALANA) has a current Quick Ratio of 2.50. The current Quick Ratio is 2.50, which is 148% above median its 10-year median of 1.01 and 145.1% above the Steel industry median of 1.02. Kalana Ispat's overall GF Score™ is 43/100 with 6 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 Kalana Ispat (NSE:KALANA), the current Quick Ratio is 2.50 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.

Kalana Ispat Business Description

Address C-918, Venus Stratum Near Jhasi Ki Rani Statue, Azad Society, Nehrunagar, Ahmedabad, GJ, IND, 380015
Kalana Ispat Ltd is engaged in Manufacturing & dealing in casting, moulding and trading of steel and iron products and sale of service (Job work). The company is mainly engaged in manufacturing of M.S. Billets and Alloy Steel Billets of various grades. The company's products are alloy steel billets, M S billets. The company has only one Primary reportable segment viz Iron & Steel Products (i.e. manufacturing of M.S. Billets/Ingots and Alloy Steel Billets/Ingots of various grades). The company mainly operates only in lndia.
43GF Score

Get the complete analysis for NSE:KALANA

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

₹19.00
Price