Vera Synthetic (NSE:VERA) Quick Ratio: 4.76 (As of Mar. 2026) — 31% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VERA Vera Synthetic Ltd NSE:VERA
84 GF Score
Price ₹86.25
GF Value ₹83.01
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Vera Synthetic Quick Ratio?

Vera Synthetic NSE:VERA 84 Quick Ratio is 4.76 as of Mar. 2026, which is 31% above its 10-year median of 3.64. GuruFocus rates NSE:VERA with a GF Score™ of 84/100 and a GF Value™ of ₹83.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,072 Manufacturing - Apparel & Accessories companies, Vera Synthetic ranks better than 91.88% 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. Vera Synthetic's quick ratio for the quarter that ended in Mar. 2026 was 4.76.

Vera Synthetic has a quick ratio of 4.76. It generally indicates good short-term financial strength.

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

NSE:VERA' s Quick Ratio Range Over the Past 10 Years
Min: 0.88   Med: 3.64   Max: 4.76
Current: 4.76

During the past 13 years, Vera Synthetic's highest Quick Ratio was 4.76. The lowest was 0.88. And the median was 3.64.

NSE:VERA's Quick Ratio is ranked better than
91.88% of 1072 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.105 vs NSE:VERA: 4.76

Vera Synthetic  (NSE:VERA) 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.


Vera Synthetic Quick Ratio Related Terms


Vera Synthetic Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vera Synthetic'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.

Vera Synthetic Quick Ratio Chart

Vera Synthetic 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 3.55 3.91 4.56 3.72 4.76

Vera Synthetic Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.56 0.00 3.72 3.57 4.76

Vera Synthetic Quick Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Vera Synthetic'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.


Vera Synthetic Quick Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:VERA
84GF Score
Vera Synthetic Ltd NSE:VERA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vera Synthetic 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.

Vera Synthetic'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
=(234.616-48.646)/39.083
=4.76

Vera Synthetic'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
=(234.616-48.646)/39.083
=4.76

* 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 4.76 mean?
Vera Synthetic (NSE:VERA) has a Quick Ratio of 4.76 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vera Synthetic and its competitors. This is 31% above median its historical median of 3.64. Over the past decade, Vera Synthetic's Quick Ratio has ranged from 0.88 to 4.76. According to the industry distribution chart, Vera Synthetic ranks #87 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.1%.
Is Vera Synthetic's Quick Ratio too high?
Vera Synthetic's current Quick Ratio of 4.76 is 31% above median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 4.76. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.11. Vera Synthetic's value of 4.76 is 330.8% above this industry median. Based on the distribution chart, Vera Synthetic ranks #87 out of 1072 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Vera Synthetic has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vera Synthetic's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vera Synthetic ranks #87 out of 1072 companies for Quick Ratio. This places Vera Synthetic in the top 8% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Vera Synthetic's value of 4.76 is 330.8% above this benchmark. Historically, Vera Synthetic's own Quick Ratio has ranged from 0.88 to 4.76 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 1.11, Vera Synthetic 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 Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,072 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. Vera Synthetic's current Quick Ratio of 4.76 is 330.8% 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 Vera Synthetic 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. Vera Synthetic's current Quick Ratio is 4.76, which is 31% above median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vera Synthetic stock overvalued right now?
Based on GuruFocus' analysis, Vera Synthetic (NSE:VERA) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.01, compared to a current price of ₹86.25 — trading 3.9% above its estimated fair value. The current Quick Ratio is 4.76, which is 31% above median its 10-year median of 3.64 and 330.8% above the Manufacturing - Apparel & Accessories industry median of 1.11. Vera Synthetic's overall GF Score™ is 84/100 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 Vera Synthetic (NSE:VERA), the current Quick Ratio is 4.76 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 Vera Synthetic (NSE:VERA) Overvalued in 2026?

Based on GuruFocus' analysis, Vera Synthetic stock appears to be overvalued. The current stock price of ₹86.25 is trading 3.9% above its estimated GF Value™ of ₹83.01. GuruFocus considers Vera Synthetic to be Fairly Valued.

Key valuation signals for NSE:VERA:

  • Quick Ratio: 4.76 (31% above median its 10-year median of 3.64)
  • GF Value™: ₹83.01 vs. price of ₹86.25 (3.9% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 330.8% above the Manufacturing - Apparel & Accessories median (#87 of 1072)

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


Vera Synthetic Business Description

Address Dairy Road, Devubag, Office Number Upper Level (UL) - 27, Pattani Plaza, Bhavnagar, GJ, IND, 364002
Vera Synthetic Ltd is engaged in the manufacturing of fishing nets, ropes, twines yarns, mainly high density plastic products. The company manufactures products for the fishing industry and other allied uses. Its product portfolio includes High-Density Polyethylene (HDPE) fishing nets and twines, Polyester ropes, PP yarns, and Pet straps. It manufactures and markets its product under the brand name Sujlon. Geographically, it operates only in India.
84GF Score

Get the complete analysis for NSE:VERA

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

₹86.25
Price
₹83.01
GF Value