Unilex Colours and Chemicals (NSE:UNILEX) Quick Ratio: 2.09 (As of Mar. 2026) — 79% Above Median

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NSE:UNILEX Unilex Colours and Chemicals Ltd NSE:UNILEX
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What is Unilex Colours and Chemicals Quick Ratio?

Unilex Colours and Chemicals NSE:UNILEX +2.00% 14 Quick Ratio is 2.09 as of Mar. 2026, which is 79% above its 10-year median of 1.17. GuruFocus rates NSE:UNILEX with a GF Score™ of 14/100. The stock has 6 warning signs investors should review. Among 1,605 Chemicals companies, Unilex Colours and Chemicals ranks better than 69.97% 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. Unilex Colours and Chemicals's quick ratio for the quarter that ended in Mar. 2026 was 2.09.

Unilex Colours and Chemicals has a quick ratio of 2.09. It generally indicates good short-term financial strength.

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

NSE:UNILEX' s Quick Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.17   Max: 2.68
Current: 2.09

During the past 5 years, Unilex Colours and Chemicals's highest Quick Ratio was 2.68. The lowest was 0.94. And the median was 1.17.

NSE:UNILEX's Quick Ratio is ranked better than
69.97% of 1605 companies
in the Chemicals industry
Industry Median: 1.38 vs NSE:UNILEX: 2.09

Unilex Colours and Chemicals  (NSE:UNILEX) 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.


Unilex Colours and Chemicals Quick Ratio Related Terms


Unilex Colours and Chemicals Quick Ratio Historical Data

* Premium members only.

The historical data trend for Unilex Colours and Chemicals'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.

Unilex Colours and Chemicals Quick Ratio Chart

Unilex Colours and Chemicals Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
0.94 1.17 1.15 2.68 2.09

Unilex Colours and Chemicals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Quick Ratio Get a 7-Day Free Trial 1.15 2.09 2.68 2.41 2.09

NSE:UNILEX vs LIN, SHW, ECL: Quick Ratio Comparison

For the Specialty Chemicals subindustry, Unilex Colours and Chemicals'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.


Unilex Colours and Chemicals Quick Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Unilex Colours and Chemicals's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Unilex Colours and Chemicals's Quick Ratio falls into.


NSE:UNILEX
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Unilex Colours and Chemicals Ltd NSE:UNILEX
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Unilex Colours and Chemicals 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.

Unilex Colours and Chemicals'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
=(1259.643-176.423)/517.607
=2.09

Unilex Colours and Chemicals'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
=(1259.643-176.423)/517.607
=2.09

* 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 2.09 mean?
Unilex Colours and Chemicals (NSE:UNILEX) has a Quick Ratio of 2.09 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Unilex Colours and Chemicals and its competitors. This is 79% above median its historical median of 1.17. Over the past decade, Unilex Colours and Chemicals' Quick Ratio has ranged from 0.94 to 2.68. According to the industry distribution chart, Unilex Colours and Chemicals ranks #482 out of 1605 companies in the Chemicals industry, placing it in the top 30%.
Is Unilex Colours and Chemicals' Quick Ratio too high?
Unilex Colours and Chemicals' current Quick Ratio of 2.09 is 79% above median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.68. The Chemicals industry median Quick Ratio is 1.38. Unilex Colours and Chemicals' value of 2.09 is 51.4% above this industry median. Based on the distribution chart, Unilex Colours and Chemicals ranks #482 out of 1605 companies in the Chemicals industry, which is above the industry midpoint. Overall, Unilex Colours and Chemicals has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Unilex Colours and Chemicals' Quick Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Unilex Colours and Chemicals ranks #482 out of 1605 companies for Quick Ratio. This puts Unilex Colours and Chemicals in the upper half of its industry. The industry median Quick Ratio is 1.38. Unilex Colours and Chemicals' value of 2.09 is 51.4% above this benchmark. Historically, Unilex Colours and Chemicals' own Quick Ratio has ranged from 0.94 to 2.68 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.38, Unilex Colours and Chemicals 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 Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,605 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. Unilex Colours and Chemicals's current Quick Ratio of 2.09 is 51.4% 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 Unilex Colours and Chemicals and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unilex Colours and Chemicals's current Quick Ratio is 2.09, which is 79% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unilex Colours and Chemicals stock overvalued right now?
Unilex Colours and Chemicals (NSE:UNILEX) has a current Quick Ratio of 2.09. The current Quick Ratio is 2.09, which is 79% above median its 10-year median of 1.17 and 51.4% above the Chemicals industry median of 1.38. Unilex Colours and Chemicals' overall GF Score™ is 14/100 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 Unilex Colours and Chemicals (NSE:UNILEX), the current Quick Ratio is 2.09 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.

Unilex Colours and Chemicals Business Description

Address Chincholi Bunder Road, 106-107, Advent Atria, Malad West, Mumbai, MH, IND, 400064
Unilex Colours and Chemicals Ltd is engaged in the business of manufacturing pigments and the trading of chemicals and food colours. The pigments manufactured by the company have diverse applications across various industries, including plastics, rubber, textiles, paper, printing inks, paints, and coatings. The company manufactures and trades multiple pigments such as pigment green 7, middle chrome, lemon chrome, pigment violet 3, 23, and 27, ultramarine blue, etc, as well as food colours such as tartrazine, sunset yellow, allura red, ponceau 4R, carmoisine, and brilliant blue, etc. Geographically, it caters to the Indian market, also exports its products to Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, the Netherlands, Poland, China, Malaysia, Thailand, Uzbekistan, and other regions.
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