Steelcast (NSE:STEELCAS) Quick Ratio: 4.28 (As of Mar. 2026) — 275% Above Median


NSE:STEELCAS Steelcast Ltd NSE:STEELCAS
85 GF Score
Price ₹299.95
GF Value ₹188.51
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Steelcast Quick Ratio?

Steelcast NSE:STEELCAS -1.32% 85 Quick Ratio is 4.28 as of Mar. 2026, which is 275% above its 10-year median of 1.14. GuruFocus rates NSE:STEELCAS with a GF Score™ of 85/100 and a GF Value™ of ₹188.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 635 Steel companies, Steelcast ranks better than 88.5% 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. Steelcast's quick ratio for the quarter that ended in Mar. 2026 was 4.28.

Steelcast has a quick ratio of 4.28. It generally indicates good short-term financial strength.

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

NSE:STEELCAS' s Quick Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.14   Max: 4.28
Current: 4.28

During the past 13 years, Steelcast's highest Quick Ratio was 4.28. The lowest was 0.61. And the median was 1.14.

NSE:STEELCAS's Quick Ratio is ranked better than
88.5% of 635 companies
in the Steel industry
Industry Median: 1.02 vs NSE:STEELCAS: 4.28

Steelcast  (NSE:STEELCAS) 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.


Steelcast Quick Ratio Related Terms


Steelcast Quick Ratio Historical Data

* Premium members only.

The historical data trend for Steelcast'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.

Steelcast Quick Ratio Chart

Steelcast 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 0.80 1.19 3.00 3.18 4.28

Steelcast 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 3.18 0.00 4.80 0.00 4.28

NSE:STEELCAS vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Steelcast'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.


Steelcast Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Steelcast's Quick Ratio distribution charts can be found below:

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


NSE:STEELCAS
85GF Score
Steelcast Ltd NSE:STEELCAS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steelcast 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.

Steelcast'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
=(2606.965-408.188)/513.928
=4.28

Steelcast'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
=(2606.965-408.188)/513.928
=4.28

* 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 4.28 mean?
Steelcast (NSE:STEELCAS) has a Quick Ratio of 4.28 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Steelcast and its competitors. This is 275% above median its historical median of 1.14. Over the past decade, Steelcast's Quick Ratio has ranged from 0.61 to 4.28. According to the industry distribution chart, Steelcast ranks #73 out of 635 companies in the Steel industry, placing it in the top 11.5%.
Is Steelcast's Quick Ratio too high?
Steelcast's current Quick Ratio of 4.28 is 275% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 4.28. The Steel industry median Quick Ratio is 1.02. Steelcast's value of 4.28 is 319.6% above this industry median. Based on the distribution chart, Steelcast ranks #73 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Steelcast has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steelcast's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Steelcast ranks #73 out of 635 companies for Quick Ratio. This places Steelcast in the top 12% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Steelcast's value of 4.28 is 319.6% above this benchmark. Historically, Steelcast's own Quick Ratio has ranged from 0.61 to 4.28 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.02, Steelcast 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 Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 635 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. Steelcast's current Quick Ratio of 4.28 is 319.6% 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 Steelcast and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steelcast's current Quick Ratio is 4.28, which is 275% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steelcast stock overvalued right now?
Based on GuruFocus' analysis, Steelcast (NSE:STEELCAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹188.51, compared to a current price of ₹299.95 — trading 59.1% above its estimated fair value. The current Quick Ratio is 4.28, which is 275% above median its 10-year median of 1.14 and 319.6% above the Steel industry median of 1.02. Steelcast's overall GF Score™ is 85/100 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 Steelcast (NSE:STEELCAS), the current Quick Ratio is 4.28 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 Steelcast (NSE:STEELCAS) Overvalued in 2026?

Based on GuruFocus' analysis, Steelcast stock appears to be overvalued. The current stock price of ₹299.95 is trading 59.1% above its estimated GF Value™ of ₹188.51. GuruFocus considers Steelcast to be Significantly Overvalued.

Key valuation signals for NSE:STEELCAS:

  • Quick Ratio: 4.28 (275% above median its 10-year median of 1.14)
  • GF Value™: ₹188.51 vs. price of ₹299.95 (59.1% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 319.6% above the Steel median (#73 of 635)

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


Steelcast Business Description

Other Exchanges 513517:India
Address Ruvapari Road, Bhavnagar, GJ, IND, 364005
Steelcast Ltd is engaged in the steel business sector and has various product lines that include carbon steel, low alloy steel, high alloy steel, and other superior grades of wear and abrasion-resistant steel castings produced by no-bake and shell molding processes with quality control facilities. It operates under a segment that is the Casting Manufacturing business. The company caters to the following industries that are earthmoving equipment, mining equipment, construction equipment, casting for steel plants, casting for cement plants, and railways. In terms of revenue, the company earns the majority of its revenue from Outside India .
85GF Score

Get the complete analysis for NSE:STEELCAS

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

₹299.95
Price
₹188.51
GF Value