PTC India (NSE:PTC) Quick Ratio: 2.24 (As of Mar. 2026) — 62% Above Median


NSE:PTC PTC India Ltd NSE:PTC
81 GF Score
Price ₹181.80
GF Value ₹185.00
Valuation Fairly Valued
! 7 Warning Signs
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What is PTC India Quick Ratio?

PTC India NSE:PTC -1.60% 81 Quick Ratio is 2.24 as of Mar. 2026, which is 62% above its 10-year median of 1.38. GuruFocus rates NSE:PTC with a GF Score™ of 81/100 and a GF Value™ of ₹185.00 (Fairly Valued). The stock has 7 warning signs investors should review. Among 446 Utilities - Independent Power Producers companies, PTC India ranks better than 77.13% 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. PTC India's quick ratio for the quarter that ended in Mar. 2026 was 2.24.

PTC India has a quick ratio of 2.24. It generally indicates good short-term financial strength.

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

NSE:PTC' s Quick Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.38   Max: 2.24
Current: 2.24

During the past 13 years, PTC India's highest Quick Ratio was 2.24. The lowest was 0.69. And the median was 1.38.

NSE:PTC's Quick Ratio is ranked better than
77.13% of 446 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.24 vs NSE:PTC: 2.24

PTC India  (NSE:PTC) 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.


PTC India Quick Ratio Related Terms


PTC India Quick Ratio Historical Data

* Premium members only.

The historical data trend for PTC 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.

PTC India Quick Ratio Chart

PTC 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 1.40 1.51 1.74 2.17 2.24

PTC 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 2.17 0.00 2.02 0.00 2.24

NSE:PTC vs CEG, VST, NRG: Quick Ratio Comparison

For the Utilities - Independent Power Producers subindustry, PTC 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.


PTC India Quick Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PTC India's Quick Ratio distribution charts can be found below:

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


NSE:PTC
81GF Score
PTC India Ltd NSE:PTC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PTC 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.

PTC 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
=(101416.5-0)/45300.2
=2.24

PTC 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
=(101416.5-0)/45300.2
=2.24

* 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 2.24 mean?
PTC India (NSE:PTC) has a Quick Ratio of 2.24 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on PTC India and its competitors. This is 62% above median its historical median of 1.38. Over the past decade, PTC India's Quick Ratio has ranged from 0.69 to 2.24. According to the industry distribution chart, PTC India ranks #102 out of 446 companies in the Utilities - Independent Power Producers industry, placing it in the top 22.9%.
Is PTC India's Quick Ratio too high?
PTC India's current Quick Ratio of 2.24 is 62% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.24. The Utilities - Independent Power Producers industry median Quick Ratio is 1.24. PTC India's value of 2.24 is 80.6% above this industry median. Based on the distribution chart, PTC India ranks #102 out of 446 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, PTC India has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTC India's Quick Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, PTC India ranks #102 out of 446 companies for Quick Ratio. This places PTC India in the top 23% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.24. PTC India's value of 2.24 is 80.6% above this benchmark. Historically, PTC India's own Quick Ratio has ranged from 0.69 to 2.24 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.24, PTC 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 an Utilities - Independent Power Producers company?
The median Quick Ratio among Utilities - Independent Power Producers companies is 1.24, based on 446 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. PTC India's current Quick Ratio of 2.24 is 80.6% 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 PTC India and its competitors. For the Utilities - Independent Power Producers industry, the median Quick Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTC India's current Quick Ratio is 2.24, which is 62% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTC India stock overvalued right now?
Based on GuruFocus' analysis, PTC India (NSE:PTC) is currently considered Fairly Valued. The stock's GF Value™ is ₹185.00, compared to a current price of ₹181.80 — trading 1.7% below its estimated fair value. The current Quick Ratio is 2.24, which is 62% above median its 10-year median of 1.38 and 80.6% above the Utilities - Independent Power Producers industry median of 1.24. PTC India's overall GF Score™ is 81/100 with 7 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 PTC India (NSE:PTC), the current Quick Ratio is 2.24 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 PTC India (NSE:PTC) Overvalued in 2026?

Based on GuruFocus' analysis, PTC India stock appears to be undervalued. The current stock price of ₹181.80 is trading 1.7% below its estimated GF Value™ of ₹185.00. GuruFocus considers PTC India to be Fairly Valued.

Key valuation signals for NSE:PTC:

  • Quick Ratio: 2.24 (62% above median its 10-year median of 1.38)
  • GF Value™: ₹185.00 vs. price of ₹181.80 (1.7% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 80.6% above the Utilities - Independent Power Producers median (#102 of 446)

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


PTC India Business Description

Other Exchanges 532524:India
Address 15 Bhikaji Cama Place, 2nd Floor, NBCC Tower, New Delhi, IND, 110 066
PTC India Ltd is a holding company. It is involved in the trading of electricity and offers power trading solutions in India. The company's segments include Power: it includes trading & generation of power. Financing business: It includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources, and fuel-related infrastructure. The company derives the majority of its revenue from India.
81GF Score

Get the complete analysis for NSE:PTC

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

₹181.80
Price
₹185.00
GF Value