Southern Petrochemicals Industries (NSE:SPIC) Quick Ratio: 0.83 (As of Mar. 2026) — Near Median


NSE:SPIC Southern Petrochemicals Industries Corp Ltd NSE:SPIC
78 GF Score
Price ₹69.08
GF Value ₹386.96
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Southern Petrochemicals Industries Quick Ratio?

Southern Petrochemicals Industries NSE:SPIC -0.76% 78 Quick Ratio is 0.83 as of Mar. 2026, which is 2% above its 10-year median of 0.81. GuruFocus rates NSE:SPIC with a GF Score™ of 78/100 and a GF Value™ of ₹386.96 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 260 Agriculture companies, Southern Petrochemicals Industries ranks worse than 64.62% 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. Southern Petrochemicals Industries's quick ratio for the quarter that ended in Mar. 2026 was 0.83.

Southern Petrochemicals Industries has a quick ratio of 0.83. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Southern Petrochemicals Industries's Quick Ratio or its related term are showing as below:

NSE:SPIC' s Quick Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.81   Max: 0.91
Current: 0.83

During the past 13 years, Southern Petrochemicals Industries's highest Quick Ratio was 0.91. The lowest was 0.23. And the median was 0.81.

NSE:SPIC's Quick Ratio is ranked worse than
64.62% of 260 companies
in the Agriculture industry
Industry Median: 1.01 vs NSE:SPIC: 0.83

Southern Petrochemicals Industries  (NSE:SPIC) 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.


Southern Petrochemicals Industries Quick Ratio Related Terms


Southern Petrochemicals Industries Quick Ratio Historical Data

* Premium members only.

The historical data trend for Southern Petrochemicals Industries'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.

Southern Petrochemicals Industries Quick Ratio Chart

Southern Petrochemicals Industries 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 0.23 0.83 0.78 0.91 0.83

Southern Petrochemicals Industries 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 0.91 0.00 0.92 0.00 0.83

NSE:SPIC vs CTVA, CF, MOS: Quick Ratio Comparison

For the Agricultural Inputs subindustry, Southern Petrochemicals Industries'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.


Southern Petrochemicals Industries Quick Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Southern Petrochemicals Industries's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Southern Petrochemicals Industries's Quick Ratio falls into.


NSE:SPIC
78GF Score
Southern Petrochemicals Industries Corp Ltd NSE:SPIC
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Petrochemicals Industries 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.

Southern Petrochemicals Industries'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
=(8566.2-940)/9173
=0.83

Southern Petrochemicals Industries'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
=(8566.2-940)/9173
=0.83

* 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 0.83 mean?
Southern Petrochemicals Industries (NSE:SPIC) has a Quick Ratio of 0.83 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Southern Petrochemicals Industries and its competitors. This is near median its historical median of 0.81. Over the past decade, Southern Petrochemicals Industries' Quick Ratio has ranged from 0.23 to 0.91. According to the industry distribution chart, Southern Petrochemicals Industries ranks #168 out of 260 companies in the Agriculture industry, placing it in the top 64.6%.
Is Southern Petrochemicals Industries' Quick Ratio too high?
Southern Petrochemicals Industries' current Quick Ratio of 0.83 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.91. The Agriculture industry median Quick Ratio is 1.01. Southern Petrochemicals Industries' value of 0.83 is 17.8% below this industry median. Based on the distribution chart, Southern Petrochemicals Industries ranks #168 out of 260 companies in the Agriculture industry, which is below the industry midpoint. Overall, Southern Petrochemicals Industries has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Petrochemicals Industries' Quick Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Southern Petrochemicals Industries ranks #168 out of 260 companies for Quick Ratio. This places Southern Petrochemicals Industries in the lower half of its industry. The industry median Quick Ratio is 1.01. Southern Petrochemicals Industries' value of 0.83 is 17.8% below this benchmark. Historically, Southern Petrochemicals Industries' own Quick Ratio has ranged from 0.23 to 0.91 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.01, Southern Petrochemicals Industries 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 Agriculture company?
The median Quick Ratio among Agriculture companies is 1.01, based on 260 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. Southern Petrochemicals Industries's current Quick Ratio of 0.83 is 17.8% 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 Southern Petrochemicals Industries and its competitors. For the Agriculture industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Petrochemicals Industries's current Quick Ratio is 0.83, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Petrochemicals Industries stock overvalued right now?
Based on GuruFocus' analysis, Southern Petrochemicals Industries (NSE:SPIC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹386.96, compared to a current price of ₹69.08 — trading 82.1% below its estimated fair value. The current Quick Ratio is 0.83, which is near median its 10-year median of 0.81 and 17.8% below the Agriculture industry median of 1.01. Southern Petrochemicals Industries' overall GF Score™ is 78/100 with 4 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 Southern Petrochemicals Industries (NSE:SPIC), the current Quick Ratio is 0.83 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 Southern Petrochemicals Industries (NSE:SPIC) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Petrochemicals Industries stock appears to be undervalued. The current stock price of ₹69.08 is trading 82.1% below its estimated GF Value™ of ₹386.96. GuruFocus considers Southern Petrochemicals Industries to be Significantly Undervalued.

Key valuation signals for NSE:SPIC:

  • Quick Ratio: 0.83 (near median its 10-year median of 0.81)
  • GF Value™: ₹386.96 vs. price of ₹69.08 (82.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 17.8% below the Agriculture median (#168 of 260)

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


Southern Petrochemicals Industries Business Description

Address Mount Road, Number 88, SPIC House, Guindy, Chennai, TN, IND, 600 032
Southern Petrochemicals Industries Corp Ltd is a manufacturer and seller of nitrogenous and phosphatic fertilizers, including urea and neem-coated urea. The company operates a large fertilizer complex in Tuticorin, Tamil Nadu, capable of producing substantial volumes to support agricultural productivity across India. SPIC also provides secondary and micronutrient fertilizers, organic fertilizers, biopesticides, and plant growth regulators to enrich soil and crop health. Its industrial by-products, such as phosphoric acid and sulfuric acid, serve other sectors like cement and aluminum production. Revenue is majorly generated from the sale of fertilizer products through an extensive dealer network serving rural and farming communities nationwide.
78GF Score

Get the complete analysis for NSE:SPIC

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

₹69.08
Price
₹386.96
GF Value