Primo ChemicalsNSE:PRIMO -1.39%56 Quick Ratio is 0.39 as of Mar. 2026, which is 11% below its 10-year median of 0.44. GuruFocus rates NSE:PRIMO with a GF Score™ of 56/100 and a GF Value™ of ₹46.19 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,604 Chemicals companies, Primo Chemicals ranks worse than 94.39% 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. Primo Chemicals's quick ratio for the quarter that ended in Mar. 2026 was 0.39.
Primo Chemicals has a quick ratio of 0.39. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Primo Chemicals's Quick Ratio or its related term are showing as below:
NSE:PRIMO'
s Quick Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.44 Max: 0.76
Current: 0.39
During the past 13 years, Primo Chemicals's highest Quick Ratio was 0.76. The lowest was 0.17. And the median was 0.44.
NSE:PRIMO's Quick Ratio is ranked worse than 94.39% of 1604
companies
in the Chemicals industry
Industry Median: 1.38
vs NSE:PRIMO: 0.39
Primo Chemicals (NSE:PRIMO) 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.
Primo Chemicals Quick Ratio Related Terms
Primo Chemicals Quick Ratio Historical Data
* Premium members only.
The historical data trend for Primo Chemicals'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.
For the Chemicals subindustry, Primo Chemicals'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.
Primo Chemicals Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Primo Chemicals's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Primo Chemicals'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.
Primo Chemicals'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.
Primo Chemicals (NSE:PRIMO) has a Quick Ratio of 0.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Primo Chemicals and its competitors. This is 11% below median its historical median of 0.44. Over the past decade, Primo Chemicals' Quick Ratio has ranged from 0.17 to 0.76. According to the industry distribution chart, Primo Chemicals ranks #1514 out of 1604 companies in the Chemicals industry, placing it in the top 94.4%.
Is Primo Chemicals' Quick Ratio too high?
Primo Chemicals' current Quick Ratio of 0.39 is 11% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.76. The Chemicals industry median Quick Ratio is 1.38. Primo Chemicals' value of 0.39 is 71.7% below this industry median. Based on the distribution chart, Primo Chemicals ranks #1514 out of 1604 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Primo Chemicals has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Primo Chemicals' Quick Ratio compare to DOW?
According to the Chemicals industry distribution chart, Primo Chemicals ranks #1514 out of 1604 companies for Quick Ratio. This places Primo Chemicals in the lower half of its industry. The industry median Quick Ratio is 1.38. Primo Chemicals' value of 0.39 is 71.7% below this benchmark. Historically, Primo Chemicals' own Quick Ratio has ranged from 0.17 to 0.76 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 1.38, Primo Chemicals 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 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. Primo Chemicals's current Quick Ratio of 0.39 is 71.7% 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 Primo Chemicals 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. Primo Chemicals's current Quick Ratio is 0.39, which is 11% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primo Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Primo Chemicals (NSE:PRIMO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹46.19, compared to a current price of ₹24.11 — trading 47.8% below its estimated fair value. The current Quick Ratio is 0.39, which is 11% below median its 10-year median of 0.44 and 71.7% below the Chemicals industry median of 1.38. Primo Chemicals' overall GF Score™ is 56/100 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 Primo Chemicals (NSE:PRIMO), the current Quick Ratio is 0.39 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 Primo Chemicals (NSE:PRIMO) Overvalued in 2026?
Based on GuruFocus' analysis, Primo Chemicals stock appears to be undervalued.
The current stock price of ₹24.11 is trading 47.8% below its estimated GF Value™ of ₹46.19.
GuruFocus considers Primo Chemicals to be Significantly Undervalued.
Key valuation signals for NSE:PRIMO:
Quick Ratio: 0.39 (11% below median its 10-year median of 0.44)
GF Value™: ₹46.19 vs. price of ₹24.11 (47.8% below fair value)
Industry Position: 71.7% below the Chemicals median (#1514 of 1604)
No single metric tells the full story. See the NSE:PRIMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primo Chemicals Ltd is engaged in the manufacturing of chemicals. Its product portfolio includes Caustic Soda Lye and its by-products are Hydrochloric Acid, Liquid Chlorine, Sodium Hypochlorite, and Hydrogen gas. The company generates revenue from the sale of goods and trading sales.
56GF Score
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