Lakshmi Finance & IndustrialNSE:LFIC +2.57%74 Quick Ratio is 90.17 as of Mar. 2026, which is 92% above its 10-year median of 46.94. GuruFocus rates NSE:LFIC with a GF Score™ of 74/100 and a GF Value™ of ₹192.82 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 706 Asset Management companies, Lakshmi Finance & Industrial ranks better than 93.63% on this metric.
Lakshmi Finance & Industrial has a quick ratio of 90.17. It generally indicates good short-term financial strength.
The historical rank and industry rank for Lakshmi Finance & Industrial's Quick Ratio or its related term are showing as below:
NSE:LFIC'
s Quick Ratio Range Over the Past 10 Years
Min: 2.64 Med: 46.94 Max: 90.52
Current: 90.17
During the past 13 years, Lakshmi Finance & Industrial's highest Quick Ratio was 90.52. The lowest was 2.64. And the median was 46.94.
NSE:LFIC's Quick Ratio is ranked better than 93.63% of 706
companies
in the Asset Management industry
Industry Median: 2.795
vs NSE:LFIC: 90.17
Lakshmi Finance & Industrial (NSE:LFIC) 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.
Lakshmi Finance & Industrial Quick Ratio Related Terms
Lakshmi Finance & Industrial 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 Asset Management subindustry, Lakshmi Finance & Industrial'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.
Lakshmi Finance & Industrial Quick Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Lakshmi Finance & Industrial's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Lakshmi Finance & Industrial's Quick Ratio falls into.
Lakshmi Finance & Industrial 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.
* 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.
Lakshmi Finance & Industrial (NSE:LFIC) has a Quick Ratio of 90.17 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lakshmi Finance & Industrial and its competitors. This is 92% above median its historical median of 46.94. Over the past decade, Lakshmi Finance & Industrial's Quick Ratio has ranged from 2.64 to 90.52. According to the industry distribution chart, Lakshmi Finance & Industrial ranks #45 out of 706 companies in the Asset Management industry, placing it in the top 6.4%.
Is Lakshmi Finance & Industrial's Quick Ratio too high?
Lakshmi Finance & Industrial's current Quick Ratio of 90.17 is 92% above median its 10-year median of 46.94. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 90.52. The Asset Management industry median Quick Ratio is 2.80. Lakshmi Finance & Industrial's value of 90.17 is 3126.1% above this industry median. Based on the distribution chart, Lakshmi Finance & Industrial ranks #45 out of 706 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Lakshmi Finance & Industrial has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lakshmi Finance & Industrial's Quick Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Lakshmi Finance & Industrial ranks #45 out of 706 companies for Quick Ratio. This places Lakshmi Finance & Industrial in the top 6% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 2.80. Lakshmi Finance & Industrial's value of 90.17 is 3126.1% above this benchmark. Historically, Lakshmi Finance & Industrial's own Quick Ratio has ranged from 2.64 to 90.52 over the past decade. While the company's 10-year median is 46.94 vs. the industry median of 2.80, Lakshmi Finance & Industrial 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 Asset Management company?
The median Quick Ratio among Asset Management companies is 2.80, based on 706 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. Lakshmi Finance & Industrial's current Quick Ratio of 90.17 is 3126.1% 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 Lakshmi Finance & Industrial and its competitors. For the Asset Management industry, the median Quick Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakshmi Finance & Industrial's current Quick Ratio is 90.17, which is 92% above median its own 10-year median of 46.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Finance & Industrial stock overvalued right now?
Based on GuruFocus' analysis, Lakshmi Finance & Industrial (NSE:LFIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹192.82, compared to a current price of ₹148.50 — trading 23% below its estimated fair value. The current Quick Ratio is 90.17, which is 92% above median its 10-year median of 46.94 and 3126.1% above the Asset Management industry median of 2.80. Lakshmi Finance & Industrial's overall GF Score™ is 74/100 with 5 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 Lakshmi Finance & Industrial (NSE:LFIC), the current Quick Ratio is 90.17 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 Lakshmi Finance & Industrial (NSE:LFIC) Overvalued in 2026?
Based on GuruFocus' analysis, Lakshmi Finance & Industrial stock appears to be undervalued.
The current stock price of ₹148.50 is trading 23% below its estimated GF Value™ of ₹192.82.
GuruFocus considers Lakshmi Finance & Industrial to be Modestly Undervalued.
Key valuation signals for NSE:LFIC:
Quick Ratio: 90.17 (92% above median its 10-year median of 46.94)
GF Value™: ₹192.82 vs. price of ₹148.50 (23% below fair value)
Industry Position: 3126.1% above the Asset Management median (#45 of 706)
No single metric tells the full story. See the NSE:LFIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lakshmi Finance & Industrial Corp Ltd is an India-based non-banking finance company. The company is involved in financial activities mainly in long-term investments such as equity shares and mutual funds. The company is also engaged in leasing, hire purchase, bill discounting, and corporate finance.
74GF Score
Get the complete analysis for NSE:LFIC
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LFIC has been successfully added to your 
