Mangalam Global Enterprise (NSE:MGEL) Quick Ratio: 1.08 (As of Mar. 2026) — Near Median


NSE:MGEL Mangalam Global Enterprise Ltd NSE:MGEL
78 GF Score
Price ₹16.75
GF Value ₹19.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Mangalam Global Enterprise Quick Ratio?

Mangalam Global Enterprise NSE:MGEL -0.89% 78 Quick Ratio is 1.08 as of Mar. 2026, which is 1% below its 10-year median of 1.09. GuruFocus rates NSE:MGEL with a GF Score™ of 78/100 and a GF Value™ of ₹19.33 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,986 Consumer Packaged Goods companies, Mangalam Global Enterprise ranks worse than 51.01% 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. Mangalam Global Enterprise's quick ratio for the quarter that ended in Mar. 2026 was 1.08.

Mangalam Global Enterprise has a quick ratio of 1.08. It generally indicates good short-term financial strength.

The historical rank and industry rank for Mangalam Global Enterprise's Quick Ratio or its related term are showing as below:

NSE:MGEL' s Quick Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.09   Max: 1.41
Current: 1.08

During the past 10 years, Mangalam Global Enterprise's highest Quick Ratio was 1.41. The lowest was 0.66. And the median was 1.09.

NSE:MGEL's Quick Ratio is ranked worse than
51.01% of 1986 companies
in the Consumer Packaged Goods industry
Industry Median: 1.12 vs NSE:MGEL: 1.08

Mangalam Global Enterprise  (NSE:MGEL) 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.


Mangalam Global Enterprise Quick Ratio Related Terms


Mangalam Global Enterprise Quick Ratio Historical Data

* Premium members only.

The historical data trend for Mangalam Global Enterprise'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.

Mangalam Global Enterprise Quick Ratio Chart

Mangalam Global Enterprise Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.94 1.02 1.14 1.08

Mangalam Global Enterprise 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 1.14 0.00 1.10 0.00 1.08

NSE:MGEL vs ADM, BG, TSN: Quick Ratio Comparison

For the Farm Products subindustry, Mangalam Global Enterprise'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.


Mangalam Global Enterprise Quick Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mangalam Global Enterprise's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Mangalam Global Enterprise's Quick Ratio falls into.


NSE:MGEL
78GF Score
Mangalam Global Enterprise Ltd NSE:MGEL
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Global Enterprise 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.

Mangalam Global Enterprise'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
=(7412.237-1583.546)/5414.113
=1.08

Mangalam Global Enterprise'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
=(7412.237-1583.546)/5414.113
=1.08

* 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 1.08 mean?
Mangalam Global Enterprise (NSE:MGEL) has a Quick Ratio of 1.08 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Mangalam Global Enterprise and its competitors. This is near median its historical median of 1.09. Over the past decade, Mangalam Global Enterprise's Quick Ratio has ranged from 0.66 to 1.41. According to the industry distribution chart, Mangalam Global Enterprise ranks #1013 out of 1986 companies in the Consumer Packaged Goods industry, placing it in the top 51%.
Is Mangalam Global Enterprise's Quick Ratio too high?
Mangalam Global Enterprise's current Quick Ratio of 1.08 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.41. The Consumer Packaged Goods industry median Quick Ratio is 1.12. Mangalam Global Enterprise's value of 1.08 is 3.6% below this industry median. Based on the distribution chart, Mangalam Global Enterprise ranks #1013 out of 1986 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Mangalam Global Enterprise has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mangalam Global Enterprise's Quick Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Mangalam Global Enterprise ranks #1013 out of 1986 companies for Quick Ratio. This places Mangalam Global Enterprise in the lower half of its industry. The industry median Quick Ratio is 1.12. Mangalam Global Enterprise's value of 1.08 is 3.6% below this benchmark. Historically, Mangalam Global Enterprise's own Quick Ratio has ranged from 0.66 to 1.41 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.12, Mangalam Global Enterprise 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 Consumer Packaged Goods company?
The median Quick Ratio among Consumer Packaged Goods companies is 1.12, based on 1,986 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. Mangalam Global Enterprise's current Quick Ratio of 1.08 is 3.6% 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 Mangalam Global Enterprise and its competitors. For the Consumer Packaged Goods industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Global Enterprise's current Quick Ratio is 1.08, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Global Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Mangalam Global Enterprise (NSE:MGEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹19.33, compared to a current price of ₹16.75 — trading 13.3% below its estimated fair value. The current Quick Ratio is 1.08, which is near median its 10-year median of 1.09 and 3.6% below the Consumer Packaged Goods industry median of 1.12. Mangalam Global Enterprise's overall GF Score™ is 78/100 with 4 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 Mangalam Global Enterprise (NSE:MGEL), the current Quick Ratio is 1.08 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 Mangalam Global Enterprise (NSE:MGEL) Overvalued in 2026?

Based on GuruFocus' analysis, Mangalam Global Enterprise stock appears to be undervalued. The current stock price of ₹16.75 is trading 13.3% below its estimated GF Value™ of ₹19.33. GuruFocus considers Mangalam Global Enterprise to be Modestly Undervalued.

Key valuation signals for NSE:MGEL:

  • Quick Ratio: 1.08 (near median its 10-year median of 1.09)
  • GF Value™: ₹19.33 vs. price of ₹16.75 (13.3% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 3.6% below the Consumer Packaged Goods median (#1013 of 1986)

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


Mangalam Global Enterprise Business Description

Other Exchanges 544273:India
Address Netaji Marg, 101, Mangalam Corporate House, 42, Shrimali Society, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Global Enterprise Ltd is an Indian firm engaged in the manufacturing of agro-based commodities. It is involved mainly in the manufacturing, trading, and import of Edible and Non-edible oils and Agricultural products, including soya oil, soya meal, Mustard Oil, Refined Vegetable Oil, Cotton Bales, and Cotton Cake Cattle Feed, among others. The company also trades Wheat and Rice domestically, and in international markets through exports. Geographically, the company generates a majority of its revenue from its business in India and the rest from other countries.
78GF Score

Get the complete analysis for NSE:MGEL

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

₹16.75
Price
₹19.33
GF Value