Swastik PipeNSE:SWASTIK -4.79%62 Quick Ratio is 1.05 as of Mar. 2025, which is 8% below its 10-year median of 1.14. GuruFocus rates NSE:SWASTIK with a GF Score™ of 62/100 and a GF Value™ of ₹81.60 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 638 Steel companies, Swastik Pipe ranks better than 52.51% 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. Swastik Pipe's quick ratio for the quarter that ended in Mar. 2025 was 1.05.
Swastik Pipe has a quick ratio of 1.05. It generally indicates good short-term financial strength.
The historical rank and industry rank for Swastik Pipe's Quick Ratio or its related term are showing as below:
NSE:SWASTIK'
s Quick Ratio Range Over the Past 10 Years
Min: 0.84 Med: 1.14 Max: 1.7
Current: 1.05
During the past 6 years, Swastik Pipe's highest Quick Ratio was 1.70. The lowest was 0.84. And the median was 1.14.
NSE:SWASTIK's Quick Ratio is ranked better than 52.51% of 638
companies
in the Steel industry
Industry Median: 1.02
vs NSE:SWASTIK: 1.05
Swastik Pipe (NSE:SWASTIK) 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.
Swastik Pipe Quick Ratio Related Terms
Swastik Pipe Quick Ratio Historical Data
* Premium members only.
The historical data trend for Swastik Pipe'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.
NSE:SWASTIK vs NUE, STLD, RS: Quick Ratio Comparison
For the Steel subindustry, Swastik Pipe'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.
Swastik Pipe Quick Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Swastik Pipe's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Swastik Pipe's Quick Ratio falls into.
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.
Swastik Pipe's Quick Ratio for the fiscal year that ended in Mar. 2025 is calculated as
* 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.
Swastik Pipe (NSE:SWASTIK) has a Quick Ratio of 1.05 as of Mar. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Swastik Pipe and its competitors. This is near median its historical median of 1.14. Over the past decade, Swastik Pipe's Quick Ratio has ranged from 0.84 to 1.70. According to the industry distribution chart, Swastik Pipe ranks #303 out of 638 companies in the Steel industry, placing it in the top 47.5%.
Is Swastik Pipe's Quick Ratio too high?
Swastik Pipe's current Quick Ratio of 1.05 is near median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 1.70. The Steel industry median Quick Ratio is 1.02. Swastik Pipe's value of 1.05 is 2.9% above this industry median. Based on the distribution chart, Swastik Pipe ranks #303 out of 638 companies in the Steel industry, which is above the industry midpoint. Overall, Swastik Pipe has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swastik Pipe's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Swastik Pipe ranks #303 out of 638 companies for Quick Ratio. This puts Swastik Pipe in the upper half of its industry. The industry median Quick Ratio is 1.02. Swastik Pipe's value of 1.05 is 2.9% above this benchmark. Historically, Swastik Pipe's own Quick Ratio has ranged from 0.84 to 1.70 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.02, Swastik Pipe 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 638 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. Swastik Pipe's current Quick Ratio of 1.05 is 2.9% 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 Swastik Pipe 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. Swastik Pipe's current Quick Ratio is 1.05, which is near 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 Swastik Pipe stock overvalued right now?
Based on GuruFocus' analysis, Swastik Pipe (NSE:SWASTIK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹81.60, compared to a current price of ₹17.90 — trading 78.1% below its estimated fair value. The current Quick Ratio is 1.05, which is near median its 10-year median of 1.14 and 2.9% above the Steel industry median of 1.02. Swastik Pipe's overall GF Score™ is 62/100 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 Swastik Pipe (NSE:SWASTIK), the current Quick Ratio is 1.05 as of Mar. 2025. 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 Swastik Pipe (NSE:SWASTIK) Overvalued in 2026?
Based on GuruFocus' analysis, Swastik Pipe stock appears to be undervalued.
The current stock price of ₹17.90 is trading 78.1% below its estimated GF Value™ of ₹81.60.
GuruFocus considers Swastik Pipe to be Significantly Undervalued.
Key valuation signals for NSE:SWASTIK:
Quick Ratio: 1.05 (near median its 10-year median of 1.14)
GF Value™: ₹81.60 vs. price of ₹17.90 (78.1% below fair value)
Industry Position: 2.9% above the Steel median (#303 of 638)
No single metric tells the full story. See the NSE:SWASTIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score
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