Ramkrishna Forgings (NSE:RKFORGE) Quick Ratio: 0.56 (As of Mar. 2026) — 15% Below Median


NSE:RKFORGE Ramkrishna Forgings Ltd NSE:RKFORGE
84 GF Score
Price ₹564.90
GF Value ₹788.21
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ramkrishna Forgings Quick Ratio?

Ramkrishna Forgings NSE:RKFORGE +1.12% 84 Quick Ratio is 0.56 as of Mar. 2026, which is 15% below its 10-year median of 0.66. GuruFocus rates NSE:RKFORGE with a GF Score™ of 84/100 and a GF Value™ of ₹788.21 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,071 Industrial Products companies, Ramkrishna Forgings ranks worse than 91.63% 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. Ramkrishna Forgings's quick ratio for the quarter that ended in Mar. 2026 was 0.56.

Ramkrishna Forgings has a quick ratio of 0.56. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:RKFORGE' s Quick Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.66   Max: 0.82
Current: 0.56

During the past 13 years, Ramkrishna Forgings's highest Quick Ratio was 0.82. The lowest was 0.55. And the median was 0.66.

NSE:RKFORGE's Quick Ratio is ranked worse than
91.63% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs NSE:RKFORGE: 0.56

Ramkrishna Forgings  (NSE:RKFORGE) 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.


Ramkrishna Forgings Quick Ratio Related Terms


Ramkrishna Forgings Quick Ratio Historical Data

* Premium members only.

The historical data trend for Ramkrishna Forgings'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.

Ramkrishna Forgings Quick Ratio Chart

Ramkrishna Forgings 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 0.77 0.64 0.82 0.55 0.56

Ramkrishna Forgings 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 0.55 0.00 0.52 0.00 0.56

NSE:RKFORGE vs CRS, ATI, MLI: Quick Ratio Comparison

For the Metal Fabrication subindustry, Ramkrishna Forgings'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.


Ramkrishna Forgings Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ramkrishna Forgings's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Ramkrishna Forgings's Quick Ratio falls into.


NSE:RKFORGE
84GF Score
Ramkrishna Forgings Ltd NSE:RKFORGE
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ramkrishna Forgings 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.

Ramkrishna Forgings'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
=(24477.539-12461.501)/21316.759
=0.56

Ramkrishna Forgings'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
=(24477.539-12461.501)/21316.759
=0.56

* 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 0.56 mean?
Ramkrishna Forgings (NSE:RKFORGE) has a Quick Ratio of 0.56 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ramkrishna Forgings and its competitors. This is 15% below median its historical median of 0.66. Over the past decade, Ramkrishna Forgings' Quick Ratio has ranged from 0.55 to 0.82. According to the industry distribution chart, Ramkrishna Forgings ranks #2814 out of 3071 companies in the Industrial Products industry, placing it in the top 91.6%.
Is Ramkrishna Forgings' Quick Ratio too high?
Ramkrishna Forgings' current Quick Ratio of 0.56 is 15% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 0.82. The Industrial Products industry median Quick Ratio is 1.39. Ramkrishna Forgings' value of 0.56 is 59.7% below this industry median. Based on the distribution chart, Ramkrishna Forgings ranks #2814 out of 3071 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ramkrishna Forgings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramkrishna Forgings' Quick Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Ramkrishna Forgings ranks #2814 out of 3071 companies for Quick Ratio. This places Ramkrishna Forgings in the lower half of its industry. The industry median Quick Ratio is 1.39. Ramkrishna Forgings' value of 0.56 is 59.7% below this benchmark. Historically, Ramkrishna Forgings' own Quick Ratio has ranged from 0.55 to 0.82 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.39, Ramkrishna Forgings 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 an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 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. Ramkrishna Forgings's current Quick Ratio of 0.56 is 59.7% 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 Ramkrishna Forgings and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramkrishna Forgings's current Quick Ratio is 0.56, which is 15% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkrishna Forgings stock overvalued right now?
Based on GuruFocus' analysis, Ramkrishna Forgings (NSE:RKFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹788.21, compared to a current price of ₹564.90 — trading 28.3% below its estimated fair value. The current Quick Ratio is 0.56, which is 15% below median its 10-year median of 0.66 and 59.7% below the Industrial Products industry median of 1.39. Ramkrishna Forgings' overall GF Score™ is 84/100 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 Ramkrishna Forgings (NSE:RKFORGE), the current Quick Ratio is 0.56 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 Ramkrishna Forgings (NSE:RKFORGE) Overvalued in 2026?

Based on GuruFocus' analysis, Ramkrishna Forgings stock appears to be undervalued. The current stock price of ₹564.90 is trading 28.3% below its estimated GF Value™ of ₹788.21. GuruFocus considers Ramkrishna Forgings to be Modestly Undervalued.

Key valuation signals for NSE:RKFORGE:

  • Quick Ratio: 0.56 (15% below median its 10-year median of 0.66)
  • GF Value™: ₹788.21 vs. price of ₹564.90 (28.3% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 59.7% below the Industrial Products median (#2814 of 3071)

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


Ramkrishna Forgings Business Description

Other Exchanges 532527:India
Address 23, Circus Avenue, 9th Floor, Kolkata, WB, IND, 700 017
Ramkrishna Forgings Ltd is an Indian-based company, that engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. The company's forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, and others. Geographically the company caters its services to both domestic and overseas markets.
84GF Score

Get the complete analysis for NSE:RKFORGE

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

₹564.90
Price
₹788.21
GF Value