Rishabh Instruments (NSE:RISHABH) Quick Ratio: 2.05 (As of Mar. 2026) — 33% Above Median


NSE:RISHABH Rishabh Instruments Ltd NSE:RISHABH
56 GF Score
Price ₹572.05
GF Value ₹433.37
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Rishabh Instruments Quick Ratio?

Rishabh Instruments NSE:RISHABH -1.35% 56 Quick Ratio is 2.05 as of Mar. 2026, which is 33% above its 10-year median of 1.54. GuruFocus rates NSE:RISHABH with a GF Score™ of 56/100 and a GF Value™ of ₹433.37 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,496 Hardware companies, Rishabh Instruments ranks better than 67.39% 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. Rishabh Instruments's quick ratio for the quarter that ended in Mar. 2026 was 2.05.

Rishabh Instruments has a quick ratio of 2.05. It generally indicates good short-term financial strength.

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

NSE:RISHABH' s Quick Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.54   Max: 2.05
Current: 2.05

During the past 6 years, Rishabh Instruments's highest Quick Ratio was 2.05. The lowest was 1.19. And the median was 1.54.

NSE:RISHABH's Quick Ratio is ranked better than
67.39% of 2496 companies
in the Hardware industry
Industry Median: 1.46 vs NSE:RISHABH: 2.05

Rishabh Instruments  (NSE:RISHABH) 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.


Rishabh Instruments Quick Ratio Related Terms


Rishabh Instruments Quick Ratio Historical Data

* Premium members only.

The historical data trend for Rishabh Instruments'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.

Rishabh Instruments Quick Ratio Chart

Rishabh Instruments Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 1.19 1.28 1.70 2.04 2.05

Rishabh Instruments Quarterly Data
Mar21 Mar22 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 2.04 0.00 2.04 0.00 2.05

NSE:RISHABH vs COHR, KEYS, GRMN: Quick Ratio Comparison

For the Scientific & Technical Instruments subindustry, Rishabh Instruments'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.


Rishabh Instruments Quick Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Rishabh Instruments's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Rishabh Instruments's Quick Ratio falls into.


NSE:RISHABH
56GF Score
Rishabh Instruments Ltd NSE:RISHABH
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Rishabh Instruments 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.

Rishabh Instruments'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
=(5327.98-1721.28)/1762.14
=2.05

Rishabh Instruments'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
=(5327.98-1721.28)/1762.14
=2.05

* 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 2.05 mean?
Rishabh Instruments (NSE:RISHABH) has a Quick Ratio of 2.05 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Rishabh Instruments and its competitors. This is 33% above median its historical median of 1.54. Over the past decade, Rishabh Instruments' Quick Ratio has ranged from 1.19 to 2.05. According to the industry distribution chart, Rishabh Instruments ranks #814 out of 2496 companies in the Hardware industry, placing it in the top 32.6%.
Is Rishabh Instruments' Quick Ratio too high?
Rishabh Instruments' current Quick Ratio of 2.05 is 33% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 2.05. The Hardware industry median Quick Ratio is 1.46. Rishabh Instruments' value of 2.05 is 40.4% above this industry median. Based on the distribution chart, Rishabh Instruments ranks #814 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, Rishabh Instruments has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rishabh Instruments' Quick Ratio compare to COHR and KEYS?
According to the Hardware industry distribution chart, Rishabh Instruments ranks #814 out of 2496 companies for Quick Ratio. This puts Rishabh Instruments in the upper half of its industry. The industry median Quick Ratio is 1.46. Rishabh Instruments' value of 2.05 is 40.4% above this benchmark. Historically, Rishabh Instruments' own Quick Ratio has ranged from 1.19 to 2.05 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.46, Rishabh Instruments 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 Hardware company?
The median Quick Ratio among Hardware companies is 1.46, based on 2,496 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. Rishabh Instruments's current Quick Ratio of 2.05 is 40.4% 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 Rishabh Instruments and its competitors. For the Hardware industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rishabh Instruments's current Quick Ratio is 2.05, which is 33% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rishabh Instruments stock overvalued right now?
Based on GuruFocus' analysis, Rishabh Instruments (NSE:RISHABH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹433.37, compared to a current price of ₹572.05 — trading 32% above its estimated fair value. The current Quick Ratio is 2.05, which is 33% above median its 10-year median of 1.54 and 40.4% above the Hardware industry median of 1.46. Rishabh Instruments' overall GF Score™ is 56/100 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 Rishabh Instruments (NSE:RISHABH), the current Quick Ratio is 2.05 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 Rishabh Instruments (NSE:RISHABH) Overvalued in 2026?

Based on GuruFocus' analysis, Rishabh Instruments stock appears to be overvalued. The current stock price of ₹572.05 is trading 32% above its estimated GF Value™ of ₹433.37. GuruFocus considers Rishabh Instruments to be Significantly Overvalued.

Key valuation signals for NSE:RISHABH:

  • Quick Ratio: 2.05 (33% above median its 10-year median of 1.54)
  • GF Value™: ₹433.37 vs. price of ₹572.05 (32% above fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 40.4% above the Hardware median (#814 of 2496)

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


Rishabh Instruments Business Description

Other Exchanges 543977:India
Address MIDC Satpur, F-31, Nasik, MH, IND, 422007
Rishabh Instruments Ltd is engaged in designing, developing, and manufacturing test and measuring instruments and industrial control products, and high-pressure aluminum die casting. Its product portfolio comprises analog panel meters, battery chargers, CAM switches, clamp meters, earth testers, isolators, transducers, etc. Geographically, the group generates maximum revenue from Europe (excluding Poland), followed by Poland, Asia, the USA, and other regions.
56GF Score

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

₹572.05
Price
₹433.37
GF Value