Shreedhar Spinners (NSE:SHREEDHAR) Quick Ratio: 0.44 (As of Mar. 2026) — Near Median

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NSE:SHREEDHAR Shreedhar Spinners Ltd NSE:SHREEDHAR
13 GF Score
Price ₹123.20
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What is Shreedhar Spinners Quick Ratio?

Shreedhar Spinners NSE:SHREEDHAR +4.99% 13 Quick Ratio is 0.44 as of Mar. 2026, which is at its 10-year median of 0.44. GuruFocus rates NSE:SHREEDHAR with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 1,070 Manufacturing - Apparel & Accessories companies, Shreedhar Spinners ranks worse than 86.92% 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. Shreedhar Spinners's quick ratio for the quarter that ended in Mar. 2026 was 0.44.

Shreedhar Spinners has a quick ratio of 0.44. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:SHREEDHAR' s Quick Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.44   Max: 0.45
Current: 0.44

During the past 4 years, Shreedhar Spinners's highest Quick Ratio was 0.45. The lowest was 0.24. And the median was 0.44.

NSE:SHREEDHAR's Quick Ratio is ranked worse than
86.92% of 1070 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs NSE:SHREEDHAR: 0.44

Shreedhar Spinners  (NSE:SHREEDHAR) 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.


Shreedhar Spinners Quick Ratio Related Terms


Shreedhar Spinners Quick Ratio Historical Data

* Premium members only.

The historical data trend for Shreedhar Spinners'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.

Shreedhar Spinners Quick Ratio Chart

Shreedhar Spinners Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.24 0.43 0.45 0.44

Shreedhar Spinners Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Quick Ratio 0.24 0.43 0.45 0.54 0.44

Shreedhar Spinners Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Shreedhar Spinners'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.


Shreedhar Spinners Quick Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shreedhar Spinners's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Shreedhar Spinners's Quick Ratio falls into.


NSE:SHREEDHAR
13GF Score
Shreedhar Spinners Ltd NSE:SHREEDHAR
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shreedhar Spinners 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.

Shreedhar Spinners'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
=(511.792-283.035)/518.861
=0.44

Shreedhar Spinners'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
=(511.792-283.035)/518.861
=0.44

* 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 0.44 mean?
Shreedhar Spinners (NSE:SHREEDHAR) has a Quick Ratio of 0.44 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Shreedhar Spinners and its competitors. This is near median its historical median of 0.44. Over the past decade, Shreedhar Spinners' Quick Ratio has ranged from 0.24 to 0.45. According to the industry distribution chart, Shreedhar Spinners ranks #930 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86.9%.
Is Shreedhar Spinners' Quick Ratio too high?
Shreedhar Spinners' current Quick Ratio of 0.44 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.45. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Shreedhar Spinners' value of 0.44 is 60.4% below this industry median. Based on the distribution chart, Shreedhar Spinners ranks #930 out of 1070 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shreedhar Spinners has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shreedhar Spinners' Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shreedhar Spinners ranks #930 out of 1070 companies for Quick Ratio. This places Shreedhar Spinners in the lower half of its industry. The industry median Quick Ratio is 1.11. Shreedhar Spinners' value of 0.44 is 60.4% below this benchmark. Historically, Shreedhar Spinners' own Quick Ratio has ranged from 0.24 to 0.45 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 1.11, Shreedhar Spinners 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,070 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. Shreedhar Spinners's current Quick Ratio of 0.44 is 60.4% 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 Shreedhar Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shreedhar Spinners's current Quick Ratio is 0.44, which is near 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 Shreedhar Spinners stock overvalued right now?
Shreedhar Spinners (NSE:SHREEDHAR) has a current Quick Ratio of 0.44. The current Quick Ratio is 0.44, which is near median its 10-year median of 0.44 and 60.4% below the Manufacturing - Apparel & Accessories industry median of 1.11. Shreedhar Spinners' overall GF Score™ is 13/100 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 Shreedhar Spinners (NSE:SHREEDHAR), the current Quick Ratio is 0.44 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.

Shreedhar Spinners Business Description

Address Subhash Road, 503, Matharu Arcade, Vile Parle East, Mumbai, MH, IND, 400057
Shreedhar Spinners Ltd is engaged into manufacturing of compact spun cotton yarn of various counts ranging from Ne 10s to Ne 40s. It operates exclusively in the business-to-business (B2B) segment, supplying its products to buyers such as textile manufacturers, yarn exporters, traders and fabric processors.
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