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Munish ForgeNSE:MUNISH +1.16%13 Quick Ratio is 1.02 as of Mar. 2026, which is 52% above its 10-year median of 0.67. GuruFocus rates NSE:MUNISH with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 3,070 Industrial Products companies, Munish Forge ranks worse than 68.4% 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. Munish Forge's quick ratio for the quarter that ended in Mar. 2026 was 1.02.
Munish Forge has a quick ratio of 1.02. It generally indicates good short-term financial strength.
The historical rank and industry rank for Munish Forge's Quick Ratio or its related term are showing as below:
NSE:MUNISH'
s Quick Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.67 Max: 1.02
Current: 1.02
During the past 5 years, Munish Forge's highest Quick Ratio was 1.02. The lowest was 0.58. And the median was 0.67.
NSE:MUNISH's Quick Ratio is ranked worse than 68.4% of 3070
companies
in the Industrial Products industry
Industry Median: 1.39
vs NSE:MUNISH: 1.02
Munish Forge (NSE:MUNISH) 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.
Munish Forge Quick Ratio Related Terms
Munish Forge Quick Ratio Historical Data
* Premium members only.
The historical data trend for Munish Forge'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.
Munish Forge Quick Ratio Chart
Munish Forge Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Quick Ratio
0.67
0.80
0.62
0.58
1.02
Munish Forge Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
Quick Ratio
0.67
0.80
0.62
0.58
1.02
NSE:MUNISH vs CRS, ATI, MLI: Quick Ratio Comparison
For the Metal Fabrication subindustry, Munish Forge'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.
Munish Forge Quick Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Munish Forge's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Munish Forge's Quick Ratio falls into.
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.
Munish Forge's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Munish Forge (NSE:MUNISH) has a Quick Ratio of 1.02 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Munish Forge and its competitors. This is 52% above median its historical median of 0.67. Over the past decade, Munish Forge's Quick Ratio has ranged from 0.58 to 1.02. According to the industry distribution chart, Munish Forge ranks #2100 out of 3070 companies in the Industrial Products industry, placing it in the top 68.4%.
Is Munish Forge's Quick Ratio too high?
Munish Forge's current Quick Ratio of 1.02 is 52% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.02. The Industrial Products industry median Quick Ratio is 1.39. Munish Forge's value of 1.02 is 26.6% below this industry median. Based on the distribution chart, Munish Forge ranks #2100 out of 3070 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Munish Forge has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Munish Forge's Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Munish Forge ranks #2100 out of 3070 companies for Quick Ratio. This places Munish Forge in the lower half of its industry. The industry median Quick Ratio is 1.39. Munish Forge's value of 1.02 is 26.6% below this benchmark. Historically, Munish Forge's own Quick Ratio has ranged from 0.58 to 1.02 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.39, Munish Forge 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,070 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. Munish Forge's current Quick Ratio of 1.02 is 26.6% 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 Munish Forge and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munish Forge's current Quick Ratio is 1.02, which is 52% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munish Forge stock overvalued right now?
Munish Forge (NSE:MUNISH) has a current Quick Ratio of 1.02. The current Quick Ratio is 1.02, which is 52% above median its 10-year median of 0.67 and 26.6% below the Industrial Products industry median of 1.39. Munish Forge's overall GF Score™ is 13/100 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 Munish Forge (NSE:MUNISH), the current Quick Ratio is 1.02 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.
Munish Forge Ltd is a manufacturer in the forging and casting industry, specializing in manufacturing premium forged and cast components. It manufactures components like Flange, Scaffolding, Auto parts, Tank tracks chains, Bomb shells, Fence post and steel accessories as per customer specifications and International Standard catering to the requirements of Indian Army and various industries such as Defence, Oil and Gas, Automobile, Construction and Infrastructure.
13GF Score
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