Piramal PharmaNSE:PPLPHARMA +4.55%60 Quick Ratio is 0.87 as of Mar. 2026, which is 1% below its 10-year median of 0.88. GuruFocus rates NSE:PPLPHARMA with a GF Score™ of 60/100 and a GF Value™ of ₹176.05 (Fairly Valued). The stock has 3 warning signs investors should review. Among 994 Drug Manufacturers companies, Piramal Pharma ranks worse than 72.54% 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. Piramal Pharma's quick ratio for the quarter that ended in Mar. 2026 was 0.87.
Piramal Pharma has a quick ratio of 0.87. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Piramal Pharma's Quick Ratio or its related term are showing as below:
NSE:PPLPHARMA'
s Quick Ratio Range Over the Past 10 Years
Min: 0.75 Med: 0.88 Max: 0.93
Current: 0.87
During the past 6 years, Piramal Pharma's highest Quick Ratio was 0.93. The lowest was 0.75. And the median was 0.88.
NSE:PPLPHARMA's Quick Ratio is ranked worse than 72.54% of 994
companies
in the Drug Manufacturers industry
Industry Median: 1.45
vs NSE:PPLPHARMA: 0.87
Piramal Pharma (NSE:PPLPHARMA) 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.
Piramal Pharma Quick Ratio Related Terms
Piramal Pharma Quick Ratio Historical Data
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The historical data trend for Piramal Pharma'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.
NSE:PPLPHARMA vs ZTS, UTHR: Quick Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Piramal Pharma'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.
Piramal Pharma Quick Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Piramal Pharma's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Piramal Pharma'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.
Piramal Pharma'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.
Piramal Pharma (NSE:PPLPHARMA) has a Quick Ratio of 0.87 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Piramal Pharma and its competitors. This is near median its historical median of 0.88. Over the past decade, Piramal Pharma's Quick Ratio has ranged from 0.75 to 0.93. According to the industry distribution chart, Piramal Pharma ranks #721 out of 994 companies in the Drug Manufacturers industry, placing it in the top 72.5%.
Is Piramal Pharma's Quick Ratio too high?
Piramal Pharma's current Quick Ratio of 0.87 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 0.93. The Drug Manufacturers industry median Quick Ratio is 1.45. Piramal Pharma's value of 0.87 is 40% below this industry median. Based on the distribution chart, Piramal Pharma ranks #721 out of 994 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Piramal Pharma has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piramal Pharma's Quick Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Piramal Pharma ranks #721 out of 994 companies for Quick Ratio. This places Piramal Pharma in the lower half of its industry. The industry median Quick Ratio is 1.45. Piramal Pharma's value of 0.87 is 40% below this benchmark. Historically, Piramal Pharma's own Quick Ratio has ranged from 0.75 to 0.93 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.45, Piramal Pharma 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 Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.45, based on 994 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. Piramal Pharma's current Quick Ratio of 0.87 is 40% 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 Piramal Pharma and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piramal Pharma's current Quick Ratio is 0.87, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piramal Pharma stock overvalued right now?
Based on GuruFocus' analysis, Piramal Pharma (NSE:PPLPHARMA) is currently considered Fairly Valued. The stock's GF Value™ is ₹176.05, compared to a current price of ₹175.95 — trading 0.1% below its estimated fair value. The current Quick Ratio is 0.87, which is near median its 10-year median of 0.88 and 40% below the Drug Manufacturers industry median of 1.45. Piramal Pharma's overall GF Score™ is 60/100 with 3 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 Piramal Pharma (NSE:PPLPHARMA), the current Quick Ratio is 0.87 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 Piramal Pharma (NSE:PPLPHARMA) Overvalued in 2026?
Based on GuruFocus' analysis, Piramal Pharma stock appears to be undervalued.
The current stock price of ₹175.95 is trading 0.1% below its estimated GF Value™ of ₹176.05.
GuruFocus considers Piramal Pharma to be Fairly Valued.
Key valuation signals for NSE:PPLPHARMA:
Quick Ratio: 0.87 (near median its 10-year median of 0.88)
GF Value™: ₹176.05 vs. price of ₹175.95 (0.1% below fair value)
Industry Position: 40% below the Drug Manufacturers median (#721 of 994)
No single metric tells the full story. See the NSE:PPLPHARMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piramal Pharma Ltd is a pharmaceutical company, providing end-to-end pharma services to customers and a portfolio of differentiated pharma products across a domestic and international distribution network. It operates under three business verticals; an integrated contract development and manufacturing (CDMO) business providing Active pharmaceutical ingredients (APIs), Finished dosage forms (FDFs), biologics, and vaccines among other products; the other two business verticals include a complex hospital generics business, and an India consumer healthcare business, selling over-the-counter products in India. Geographically, the company generates maximum revenue from North America and the rest from Europe, India, Japan, and other markets.
60GF Score
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