Plastiblends India (NSE:PLASTIBLEN) Quick Ratio: 2.39 (As of Mar. 2026) — 54% Above Median


NSE:PLASTIBLEN Plastiblends India Ltd NSE:PLASTIBLEN
79 GF Score
Price ₹176.02
GF Value ₹226.22
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Plastiblends India Quick Ratio?

Plastiblends India NSE:PLASTIBLEN -2.91% 79 Quick Ratio is 2.39 as of Mar. 2026, which is 54% above its 10-year median of 1.55. GuruFocus rates NSE:PLASTIBLEN with a GF Score™ of 79/100 and a GF Value™ of ₹226.22 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,604 Chemicals companies, Plastiblends India ranks better than 74.44% 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. Plastiblends India's quick ratio for the quarter that ended in Mar. 2026 was 2.39.

Plastiblends India has a quick ratio of 2.39. It generally indicates good short-term financial strength.

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

NSE:PLASTIBLEN' s Quick Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.55   Max: 3.28
Current: 2.39

During the past 13 years, Plastiblends India's highest Quick Ratio was 3.28. The lowest was 1.12. And the median was 1.55.

NSE:PLASTIBLEN's Quick Ratio is ranked better than
74.44% of 1604 companies
in the Chemicals industry
Industry Median: 1.38 vs NSE:PLASTIBLEN: 2.39

Plastiblends India  (NSE:PLASTIBLEN) 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.


Plastiblends India Quick Ratio Related Terms


Plastiblends India Quick Ratio Historical Data

* Premium members only.

The historical data trend for Plastiblends India'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.

Plastiblends India Quick Ratio Chart

Plastiblends India 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 1.55 2.56 3.21 3.28 2.39

Plastiblends India 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 3.28 0.00 2.72 0.00 2.39

NSE:PLASTIBLEN vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Plastiblends India'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.


Plastiblends India Quick Ratio vs Chemicals Industry

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

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


NSE:PLASTIBLEN
79GF Score
Plastiblends India Ltd NSE:PLASTIBLEN
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plastiblends India 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.

Plastiblends India'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
=(3535.937-1536.976)/835.821
=2.39

Plastiblends India'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
=(3535.937-1536.976)/835.821
=2.39

* 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 2.39 mean?
Plastiblends India (NSE:PLASTIBLEN) has a Quick Ratio of 2.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Plastiblends India and its competitors. This is 54% above median its historical median of 1.55. Over the past decade, Plastiblends India's Quick Ratio has ranged from 1.12 to 3.28. According to the industry distribution chart, Plastiblends India ranks #410 out of 1604 companies in the Chemicals industry, placing it in the top 25.6%.
Is Plastiblends India's Quick Ratio too high?
Plastiblends India's current Quick Ratio of 2.39 is 54% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 3.28. The Chemicals industry median Quick Ratio is 1.38. Plastiblends India's value of 2.39 is 73.2% above this industry median. Based on the distribution chart, Plastiblends India ranks #410 out of 1604 companies in the Chemicals industry, which is above the industry midpoint. Overall, Plastiblends India has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plastiblends India's Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Plastiblends India ranks #410 out of 1604 companies for Quick Ratio. This puts Plastiblends India in the upper half of its industry. The industry median Quick Ratio is 1.38. Plastiblends India's value of 2.39 is 73.2% above this benchmark. Historically, Plastiblends India's own Quick Ratio has ranged from 1.12 to 3.28 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.38, Plastiblends India 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,604 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. Plastiblends India's current Quick Ratio of 2.39 is 73.2% 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 Plastiblends India and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plastiblends India's current Quick Ratio is 2.39, which is 54% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plastiblends India stock overvalued right now?
Based on GuruFocus' analysis, Plastiblends India (NSE:PLASTIBLEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹226.22, compared to a current price of ₹176.02 — trading 22.2% below its estimated fair value. The current Quick Ratio is 2.39, which is 54% above median its 10-year median of 1.55 and 73.2% above the Chemicals industry median of 1.38. Plastiblends India's overall GF Score™ is 79/100 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 Plastiblends India (NSE:PLASTIBLEN), the current Quick Ratio is 2.39 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 Plastiblends India (NSE:PLASTIBLEN) Overvalued in 2026?

Based on GuruFocus' analysis, Plastiblends India stock appears to be undervalued. The current stock price of ₹176.02 is trading 22.2% below its estimated GF Value™ of ₹226.22. GuruFocus considers Plastiblends India to be Modestly Undervalued.

Key valuation signals for NSE:PLASTIBLEN:

  • Quick Ratio: 2.39 (54% above median its 10-year median of 1.55)
  • GF Value™: ₹226.22 vs. price of ₹176.02 (22.2% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 73.2% above the Chemicals median (#410 of 1604)

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


Plastiblends India Business Description

Other Exchanges 523648:India
Address New Link Road, Opposite Citi Mall, 10th Floor, Fortune Terraces, A-Wing, Andheri (West), Mumbai, MH, IND, 400 053
Plastiblends India Ltd is a manufacturer and sells Masterbatches and thermoplastic compounds. The company's products are applicable in various plastic processing industries, such as Flexible Packaging, Agriculture, Irrigation, Piping, Infrastructure, and Consumer Durables. The company's product includes Black Masterbatches, Color Masterbatches, Additive Masterbatches Filler Masterbatches, PET Masterbatches, Conductive Compounds among others. The group principally operates in India. It also is a internationally recognised brand, making waves in European, African, North American, South American and Asian markets.
79GF Score

Get the complete analysis for NSE:PLASTIBLEN

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

₹176.02
Price
₹226.22
GF Value